Written by ForexBrokers.com
In this head to head comparison of Libertex vs Spreadex, 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.
Libertex, founded in 1997, and Spreadex, founded in 1999, are both private brokers and neither is listed on a stock exchange or operates as a bank. When it comes to regulation, each holds one Tier-1 license, which is a key sign of trust, but Libertex also has one Tier-2 license while Spreadex has none. Based on ForexBrokers.com’s scale, Libertex has a Trust Score of 79, placing it in the average-risk range, while Spreadex scores 70, which is also in the average-risk range but lower than Libertex.
In simple terms, both brokers have some regulatory backing, but Libertex appears to have a slight edge because of its extra Tier-2 license and higher Trust Score. That said, neither broker reaches the “trusted” or “highly trusted” bands on ForexBrokers.com, so traders may want to look closely at each firm’s rules, protections, and licensing before opening an account.
| Feature |
Libertex
|
Spreadex
|
|---|---|---|
| Year Founded | 1997 | 1999 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
Libertex comes out ahead of Spreadex on commissions and fees overall. On its proprietary platform, Libertex charges 5 euros per side on forex trades, or 10 euros round turn per 100,000 units, while MT4 and MT5 are a little pricier at 6 euros per side. Its most recent published average spread on EUR/USD was 0.3 pips, which points to tight pricing, though it is based on a single trading day rather than a long-term average. Libertex also keeps non-trading costs fairly light, with a 10 euro inactivity fee only after six months without trading activity, and free international wire transfers. Libertex is rated 4 stars and ranked #21 out of 36 brokers for Commissions and Fees.
Spreadex is also rated 4 stars for Commissions and Fees, but it ranks lower at #27 out of 36 brokers. Its EUR/USD spreads averaged 0.81 pips in January 2024, with a minimum spread of 0.6 pips seen 60% of the time during that month. That makes it competitive, but not as low-cost as Libertex on the headline forex pricing shown here.
For traders mainly focused on keeping costs down, Libertex is the more attractive option of the two, especially on its own platform and for higher-balance accounts that can unlock fee discounts. Spreadex still offers reasonable pricing, but its spreads were wider in the data provided, and its lower ranking reflects that difference.
| Feature |
Libertex
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $10 | $0 |
| Average spread (EUR/USD) - Spread-only account | N/A | 0.81 |
| All-in Cost EUR/USD - Raw spread account | 1.3 | N/A |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Libertex and Spreadex both give traders access to forex as CFDs or spot contracts, and both also offer cryptocurrency CFDs rather than actual crypto. Neither broker lets you buy real shares on U.S. or international exchanges, so if you want to own listed stocks directly, neither is the right fit. The main difference is in size: Libertex lists 1,573 tradeable symbols and 46 forex pairs, while Spreadex offers a much wider selection with 10,000 symbols and 52 forex pairs.
Spreadex comes out ahead for range of investments overall, with a 5-star rating and a ForexBrokers.com ranking of #13 out of 36 brokers. Libertex is still a decent choice, especially for traders who want copy trading, which Spreadex does not offer, but it scores 4 stars and ranks #25 in the same category. For investors who care most about having more markets to choose from, Spreadex has the edge.
| Feature |
Libertex
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1573 | 10000 |
| Forex Pairs (Total) | 46 | 52 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Libertex and Spreadex both give traders a free demo account, web-based trading, and the ability to place trades straight from a chart. Both are also rated 4 out of 5 stars for trading platforms and tools, so each offers a solid setup for everyday trading. Where Libertex pulls ahead is choice: it offers a Windows desktop platform, copy trading, and support for both MetaTrader 4 and MetaTrader 5, which may appeal to traders who want more platform options and extra tools.
Spreadex takes a different approach with its own in-house platform, while Libertex does not have a proprietary platform. However, Spreadex does not offer a Windows desktop download, copy trading, MT4, or MT5. In ForexBrokers.com’s rankings for trading platforms and tools, Libertex places higher at #27 out of 36 brokers, compared with Spreadex at #37, which suggests Libertex has the edge overall for platform variety and trading features.
| Feature |
Libertex
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 43 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Libertex and Spreadex both make mobile trading easy to access, since each offers apps for iPhone and Android, plus price alerts for stocks or forex. They also share the same 4-star rating for mobile trading apps, which suggests a solid overall experience for everyday traders. That said, Libertex has the better mobile app ranking from ForexBrokers.com, placing #28 out of 36 brokers, while Spreadex ranks #36.
Where the two differ is in charting and watchlist features. Libertex supports watchlist syncing between its mobile app and online account, so changes carry over across devices, but it does not offer trendline drawing and lists zero technical studies in its app charting tools. Spreadex does not sync watchlists, but it does let users draw trendlines on charts. Neither app auto-saves chart drawings, so if that matters to you, it is worth keeping in mind when choosing between them.
| Feature |
Libertex
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 0 | N/A |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
Libertex and Spreadex both provide a useful range of market research tools, and each earns a 4-star Research rating from ForexBrokers.com. Both brokers include forex news from leading sources, a sentiment tool showing long and short positioning, and an economic calendar with upcoming global events. They are also tied on the research score overall, although Libertex ranks slightly higher at #26 out of 36 brokers, compared with Spreadex at #29.
The main differences come down to the type of analysis they offer. Spreadex stands out for daily market commentary and Autochartist, which may appeal to traders who want more frequent updates and pattern-based ideas. Libertex, on the other hand, offers Trading Central tools, which Spreadex does not. Neither broker includes TipRanks or Acuity Trading tools, so the choice between them may depend on whether you prefer daily commentary and Autochartist from Spreadex or Trading Central from Libertex.
| Feature |
Libertex
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner education, Libertex and Spreadex are fairly limited overall, but Spreadex has a slight edge for new traders. Spreadex offers at least 10 beginner-focused videos, while Libertex does not meet that mark. Neither broker provides monthly educational webinars, and neither one offers at least 10 advanced videos for more experienced traders. In terms of forex or CFD learning content, both appear to have educational material available, but not enough to stand out as a strong training hub for beginners.
Despite these gaps, both brokers are rated 4 out of 5 stars for Education by ForexBrokers.com. That said, their rankings suggest room for improvement: Libertex is ranked #35 out of 36 brokers, while Spreadex sits at #36. For beginners looking for a broker with plenty of learning support, Spreadex is the better pick between the two, but neither is especially strong compared with the wider market.
| Feature |
Libertex
|
Spreadex
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Libertex is better than Spreadex. Libertex finished with an overall rank of #32, while Spreadex finished with an overall rank of #33.
Libertex is a low-cost CFD broker with one of the deepest crypto lineups we have tested, at 109 crypto CFDs across 1,573 total symbols. Pricing is competitive and MetaTrader 4 and 5 run alongside a clean proprietary platform. Education and research are thin, and the mobile app has no charting indicators.
| Feature |
Libertex
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Spreadex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 79 | 70 |
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When comparing Libertex vs Spreadex for cryptocurrency trading, neither online broker offers the ability to buy actual delivered crypto, but both do provide cryptocurrency CFDs for traders looking to speculate on price movements without owning the underlying asset.
Libertex supports a wider range of funding and withdrawal options than Spreadex, offering ACH/SEPA transfers, PayPal, Skrill, and bank wires, while Spreadex only provides bank wire transfers and does not support ACH/SEPA, PayPal, or Skrill.
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 | Libertex | Spreadex | |
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| Trust Score | 79 | 70 | |
| Winner | check_circle | ||
| Review | Libertex Review | Spreadex Review |
| Broker Screenshots | Libertex | Spreadex | |
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| Broker Gallery (click to expand) |
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| Regulation | Libertex | Spreadex | |
|---|---|---|---|
| Trust Score | 79 | 70 | |
| Year Founded | 1997 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | Libertex | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Libertex | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Libertex | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1573 | 10000 | |
| Forex Pairs (Total) | 46 | 52 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Libertex | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | N/A | 0.81 | |
| All-in Cost EUR/USD - Raw spread account | 1.3 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Libertex | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $10 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| Trading Platforms | Libertex | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Libertex | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 43 | 58 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Libertex | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 0 | N/A | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Libertex | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Libertex | Spreadex | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Libertex | Spreadex | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | Libertex Review | Spreadex Review |
| Overall | Libertex | Spreadex | |
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| Trust Score | 79 | 70 | |
| Winner | check_circle | ||
| Review | Libertex Review | Spreadex Review |
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