Written by ForexBrokers.com
In this head to head comparison of RoboForex vs Libertex (Forex Club), we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing online brokers RoboForex and Libertex, both hold a similar stance in the trading industry. RoboForex, established in 2009, and Libertex, founded in 1997, are neither publicly traded nor function as banks. Each broker secures a Tier-1 license, which indicates a high level of trustworthiness. This similar regulatory backbone ensures that both are reliable options for traders.
Regarding trust, both brokers have achieved a Trust Score of 73 out of 99 from ForexBrokers.com, positioning them as average risk options. This rating suggests a moderate level of security and reliability in their services. These brokers do not hold any Tier-2 licenses, which align with the understanding of their current trust ratings in the forex trading community. Whether you choose RoboForex or Libertex, you can anticipate regulated services combined with a balanced level of trust.
| Feature |
RoboForex
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2009 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
When it comes to evaluating the commissions and fees of RoboForex, the broker offers average spreads of 1.3 pips for EUR/USD on its Procent and Pro accounts. This spread is considered relatively high compared to industry standards. RoboForex received a rating of 3.5 stars out of 5 for its commissions and fees, showcasing a fair but not outstanding pricing structure. According to ForexBrokers.com, RoboForex ranks 55th out of 63 brokers in this category, indicating room for improvement in its fee structure.
On the other hand, Libertex (Forex Club) presents a different challenge when assessing its fee structure, as it does not offer average spread data, making direct comparisons more difficult. Despite this lack of transparency, it has been rated slightly lower than RoboForex, earning 3 stars out of 5 in the commissions and fees category. Libertex ranks 62nd out of 63 brokers according to ForexBrokers.com, suggesting it has one of the less competitive fee structures among brokerage options.
Overall, both RoboForex and Libertex have their unique pros and cons when it comes to fees and commissions. RoboForex ranks slightly higher in both star rating and overall ranking, indicating it might offer a somewhat better value for traders looking at costs alone. However, potential traders should consider additional factors beyond fees when selecting a broker.
| Feature |
RoboForex
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $100 | $10 |
| Average Spread EUR/USD - Standard | 1.3 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
RoboForex and Libertex (Forex Club) both offer forex trading through CFDs or spot contracts, making them accessible options for traders interested in currency markets. RoboForex provides a significantly broader selection with 8,400 tradeable symbols, compared to Libertex's 300. However, Libertex leads in forex pairs, offering 51 compared to RoboForex's 28. Neither broker provides exchange-traded securities on U.S. or international exchanges, nor do they allow the purchase of actual cryptocurrencies, focusing instead on derivatives for crypto trading enthusiasts. Both platforms support copy trading, which can appeal to investors seeking alternative strategies.
In terms of customer ratings, RoboForex edges ahead with a 4.5-star rating for its range of investments, while Libertex is rated at 3.5 stars. According to ForexBrokers.com, RoboForex is ranked 20th out of 63 brokers for its investment range, reflecting its wider offerings, whereas Libertex is positioned at 53rd. For traders looking for a variety of investment options, RoboForex presents a more diverse portfolio, whereas Libertex may appeal to those focused specifically on forex trading.
| Feature |
RoboForex
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8400 | 300 |
| Forex Pairs (Total) | 28 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
RoboForex and Libertex (Forex Club) both offer several options for traders interested in virtual demo accounts, making it easy for beginners to practice before committing real capital. While RoboForex relies on widely-used platforms like MetaTrader 4 and 5, Libertex brings its own proprietary platform to the table for a unique trading experience. The two brokers also provide access to web-based and Windows desktop platforms, which cater to traders using different operating systems. Additionally, they both support copy trading, though neither offers platforms like DupliTrade or ZuluTrade. When it comes to charting tools, RoboForex provides 15 drawing tools, while Libertex offers a more extensive selection with 30 drawing tools, ensuring versatility for technical analysis lovers. Notably, both platforms allow users to trade directly from stock charts, enhancing efficiency for active traders.
In terms of watch list capabilities, RoboForex and Libertex offer the same number of columns, with each broker providing seven fields. Although RoboForex and Libertex are both rated four stars out of five for their trading platforms and tools, there is a slight difference in their rankings on ForexBrokers.com. Out of 63 brokers, RoboForex ranks at #43, while Libertex sits at #50. Overall, both platforms deliver solid trading tools, with Libertex offering more variety in charting and a proprietary platform, while RoboForex shines with its inclusion of MetaTrader 5 for advanced trading needs.
| Feature |
RoboForex
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Drawing Tools (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of RoboForex and Libertex (Forex Club), both platforms offer solid experiences for traders using iPhone and Android devices. Both apps support stock and forex price alerts, provide the ability to view multiple time frames on charts, and include 30 technical studies for chart analysis. However, a key difference arises with watchlist syncing. RoboForex lacks watchlist symbol syncing between mobile and online accounts, whereas Libertex seamlessly syncs these across devices, making it convenient for users who frequently switch between platforms. Both apps allow users to draw trendlines, though only the RoboForex app automatically saves these drawings, giving it a slight edge in ease of use for technical analysis.
While both apps allow the creation of watchlists with real-time quotes, their rankings in the mobile trading category of ForexBrokers.com present a clear distinction: RoboForex is ranked higher at #43 out of 63 brokers, compared to Libertex at #49. Despite this, both trading apps are rated four out of five stars, indicating that users generally find them reliable. Overall, traders looking for cross-platform watchlist syncing might lean towards Libertex, whereas those valuing the ability to auto-save chart annotations may prefer RoboForex.
| Feature |
RoboForex
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing RoboForex to Libertex (Forex Club) for market research offerings, it becomes clear that each broker has its strengths and weaknesses. RoboForex provides daily market commentary, giving traders insight into market trends on a day-to-day basis, whereas Libertex does not. Both brokers supply forex news from prestigious sources like Bloomberg and Reuters, keeping users updated with reliable information. However, RoboForex offers tools from Trading Central, enhancing the technical analysis options available to traders, while Libertex lacks this feature. Additionally, RoboForex offers tools from Acuity Trading, making it a favorable choice for those interested in expanded research capabilities, which Libertex does not provide. An economic calendar is available from both brokers, supporting traders in tracking important global events that may affect trading strategies.
In terms of research ratings, RoboForex scores 3.5 stars compared to Libertex’s 3 stars. As a result, RoboForex is ranked higher in the Research category by ForexBrokers.com, standing at #37 out of 63 brokers, whereas Libertex is positioned at #61. These rankings reflect RoboForex's broader range of research tools and features, which may give traders a more comprehensive perspective on market conditions. Ultimately, RoboForex could be the preferred choice for traders seeking extensive market commentary and varied analytical resources.
| Feature |
RoboForex
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing RoboForex and Libertex (Forex Club) in terms of educational resources for beginners, there are notable differences. RoboForex does not offer a substantial collection of educational materials focusing on forex or CFDs, as it lacks the minimum threshold of 10 educational pieces like articles, videos, or webinars. Similarly, there are no regular educational webinars provided monthly nor a searchable archive of past webinars. Additionally, RoboForex does not have an extensive library of beginner or advanced educational videos nor an investor dictionary with crucial trading terminologies. Overall, RoboForex is rated 3.5 stars for education and ranks 56th out of 63 brokers reviewed by ForexBrokers.com.
On the other hand, Libertex (Forex Club) offers more structured educational resources, notably meeting the requirement of over 10 educational pieces primarily covering forex or CFDs. While it does not host regular online webinars or maintain a searchable archive of webinars, it provides a selection of advanced educational videos. However, like RoboForex, Libertex does not offer a comprehensive set of beginner-focused videos or an investing terms dictionary. Despite these limitations, Libertex is rated slightly lower with 3 stars and is ranked 57th in the education category by ForexBrokers.com. This suggests that while Libertex provides a fundamental educational offering, both platforms could enhance their educational resources to cater better to budding traders.
| Feature |
RoboForex
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that RoboForex is better than Libertex (Forex Club). RoboForex finished with an overall rank of #46, while Libertex (Forex Club) finished with an overall rank of #61.
RoboForex (RoboMarkets in the EU) has amassed 12,000 symbols that you can trade across its MetaTrader and cTrader platforms, as well as a stock trading app. That said, with just a few regulatory licenses, the RoboForex and its RoboMarkets brands trail behind the best forex brokers when it comes to their Trust Score.
| Feature |
RoboForex
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Libertex (Forex Club)
|
|---|---|---|
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| Trust Score | 73 | 73 |
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Both RoboForex and Libertex (Forex Club) provide options to buy cryptocurrency derivatives, though neither platform offers the ability to purchase actual delivered cryptocurrencies directly.
Both RoboForex and Libertex (Forex Club) provide a range of deposit and withdrawal options including ACH, SEPA, PayPal, and Skrill, with RoboForex also supporting Visa and Mastercard, while Libertex does not offer this option and both platforms allow for bank wire transactions.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | RoboForex | Libertex (Forex Club) | |
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| Trust Score | 73 | 73 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
| Broker Screenshots | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
| Education Gallery (click to expand) |
| Regulation | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 73 | 73 | |
| Year Founded | 2009 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8400 | 300 | |
| Forex Pairs (Total) | 28 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $100 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Drawing Tools (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | RoboForex Review |
| Overall | RoboForex | Libertex (Forex Club) | |
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| Trust Score | 73 | 73 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
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