Written by ForexBrokers.com
In this head to head comparison of Spreadex 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.
Spreadex and Libertex (Forex Club) are well-regarded online brokers with a history dating back to 1999 and 1997, respectively. While neither company is publicly traded or operates as a bank, both hold a valuable Tier-1 license, indicating a high level of trustworthiness in the industry. Spreadex scores a 71 on the ForexBrokers.com Trust Score, marking it as average risk, whereas Libertex (Forex Club) slightly edges ahead with a score of 73, placing it similarly in the average risk category.
Although both brokers have earned Tier-1 licenses, a key factor of credibility, neither holds any Tier-2 licenses, which also contribute to a broker’s trusted status. For those deciding between these brokers, Spreadex and Libertex (Forex Club) offer comparable regulatory standing and trust ratings, ensuring a generally secure experience for users seeking reliable trading platforms.
| Feature |
Spreadex
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 1999 | 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 | 0 | 0 |
When comparing online brokers Spreadex and Libertex (Forex Club) for commissions and fees, there are notable differences. Spreadex offers competitive spreads, with an average of 0.81 pips for EUR/USD in January 2024. Impressively, they achieved a minimum spread of 0.6 pips 60% of the time throughout the month. This performance has earned Spreadex a commendable 4-star rating in the commissions and fees category.
On the other hand, Libertex (Forex Club) does not provide specific average spread data, making it challenging to gauge its competitiveness in this area. Consequently, it receives a lower 3-star rating for commissions and fees. This lack of transparency might impact traders looking for lower trading costs, who may prefer brokers with more detailed fee structures.
In a ranking of 62 brokers for the Commissions and Fees category by ForexBrokers.com, Spreadex stands at a respectable #27. In contrast, Libertex (Forex Club) is positioned at #61, reflecting its less favorable standing in this comparison. These rankings and ratings can significantly influence trader decisions when choosing between these two platforms.
| Feature |
Spreadex
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 0.81 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Spreadex and Libertex (Forex Club) for their range of investments, it's evident that both platforms offer forex trading as CFDs or spot contracts. However, Spreadex stands out with a significantly larger selection of tradeable symbols, boasting 10,000 options compared to Libertex's 300. Both brokers offer a similar number of forex pairs, with Spreadex providing 52 pairs and Libertex featuring 51. Neither broker offers exchange-traded securities on U.S. or international exchanges, and they also do not provide the ability to purchase actual cryptocurrencies. However, they each support trading in cryptocurrency derivatives.
Despite the similarity in some offerings, Spreadex takes a commanding lead in terms of the range of investments, earning a 5-star rating and a #13 ranking from ForexBrokers.com, whereas Libertex holds a 3.5-star rating and is ranked #53. Additionally, Libertex distinguishes itself by offering copy trading, a feature not available with Spreadex. These differences highlight distinct advantages and choices for traders depending on their investment preferences and needs.
| Feature |
Spreadex
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 300 |
| Forex Pairs (Total) | 52 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | 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.
Both Spreadex and Libertex (Forex Club) provide simulated trading through free virtual demo accounts, catering to traders who want to practice without financial risk. Each broker has developed its own in-house platform, allowing a tailored trading experience. While Spreadex does not offer a Windows-based desktop platform, it compensates with a web-based trading platform similar to Libertex. However, Libertex extends its offerings with a Windows-based platform and supports popular trading software like MetaTrader 4 (MT4), though neither broker includes support for MetaTrader 5 (MT5), DupliTrade, or ZuluTrade.
When it comes to tools and features, Spreadex and Libertex each allow trading directly from stock charts, with Spreadex providing 8 columns for watch lists and Libertex offering 7. Spreadex impresses with an offering of 11 drawing tools for charting, while Libertex surpasses this with 30 different drawing tools. Both brokers receive a four-star rating for their trading platforms and tools, though Spreadex ranks slightly higher at #46 out of 62 brokers according to ForexBrokers.com, compared to Libertex at #50.
| Feature |
Spreadex
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 58 | 15 |
| Charting - Drawing Tools (Total) | 11 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
For traders looking to manage their portfolios on the go, both Spreadex and Libertex offer capable mobile trading apps compatible with iPhone and Android devices. Each app supports stock or forex price alerts, empowering users to stay informed about market movements. Creating a watchlist with real-time quotes is possible on both platforms, though only Libertex syncs these watchlists with online accounts. Additionally, both apps allow users to draw trendlines and view charts in multiple time frames, although neither saves chart drawings automatically.
In terms of charting capabilities, Libertex holds the advantage with 30 technical studies available, while Spreadex does not specify the number of technical studies it offers. Despite this, both platforms are equally rated in terms of user satisfaction, each earning four out of five stars for their mobile trading apps. However, in the ranking of mobile trading apps by ForexBrokers.com, Spreadex slightly edges out Libertex, ranking at #46 compared to Libertex's #49 out of 62 brokers. This information provides valuable insight for traders considering which app might best suit their trading style and technical needs.
| Feature |
Spreadex
|
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 | N/A | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing the market research offerings of Spreadex and Libertex (Forex Club) reveals notable distinctions. Spreadex provides daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. Additionally, it features technical analysis tools from Autochartist and a sentiment-based trading tool that highlights the ratio of long and short positions. Libertex also offers forex news from esteemed sources; however, it does not provide daily market commentary or similar technical and sentiment analysis tools. Both brokers supply an economic calendar, keeping traders informed about international financial events, but Spreadex's diverse tools give it an edge in research capabilities.
When considering research ratings, Spreadex earns a commendable four stars, whereas Libertex scores three stars. Spreadex is ranked 31st out of 62 brokers for research by ForexBrokers.com, while Libertex is positioned at 60th. This ranking shows Spreadex as a stronger choice for traders who prioritize comprehensive market analysis and in-depth research tools, making it a go-to option for those seeking detailed insights into market dynamics.
| Feature |
Spreadex
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational offerings for beginners at Spreadex and Libertex, both online brokers provide a solid foundation with over 10 educational articles, videos, and other resources focused on forex and CFDs. However, the depth and focus of their educational content differ notably. Spreadex excels in beginner materials, offering over ten trading videos specifically designed for those new to investing. Additionally, Spreadex provides an investor dictionary with more than 50 terms, making it easier for beginners to understand complex investing language. In contrast, Libertex does not offer these beginner-focused materials or an investor dictionary, which could make it less approachable for those just starting out.
Both brokers fall short in offering live or archived webinars, which can be an invaluable resource for interactive learning. Spreadex has earned a higher education rating with four stars and holds a better educational rank at #45 out of 62 brokers according to ForexBrokers.com. On the other hand, Libertex is rated slightly lower at three stars and is ranked #57 in the same category. Despite this, Libertex offers a range of advanced videos covering intricate trading topics to cater to more experienced traders, an area where Spreadex has less to offer. Overall, beginners might find Spreadex more user-friendly due to its beginner-focused offerings, while experienced traders might appreciate the advanced content available through Libertex.
| Feature |
Spreadex
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Spreadex is better than Libertex (Forex Club). Spreadex finished with an overall rank of #39, while Libertex (Forex Club) finished with an overall rank of #60.
Spreadex is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. Spreadex still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.
| Feature |
Spreadex
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 73 |
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Both Spreadex and Libertex (Forex Club) allow investors to buy cryptocurrency derivatives, but neither offers the option to purchase actual delivered cryptocurrencies.
When comparing online brokers, Spreadex and Libertex (Forex Club) differ significantly in their fund transfer options; Spreadex supports bank wires and credit card transfers via Visa or Mastercard, while Libertex leads with a wider array of options, including ACH, SEPA, PayPal, and Skrill, although it lacks support for credit card 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 | Spreadex | Libertex (Forex Club) | |
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| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
| Broker Screenshots | Spreadex | Libertex (Forex Club) | |
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| Trading Platforms Gallery (click to expand) | |||
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| Research Gallery (click to expand) | |||
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| Regulation | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 71 | 73 | |
| Year Founded | 1999 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Spreadex | 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) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Spreadex | 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 | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 300 | |
| Forex Pairs (Total) | 52 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | 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 | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.81 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 58 | 15 | |
| Charting - Drawing Tools (Total) | 11 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Spreadex | 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 | N/A | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Spreadex | 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 | Spreadex Review |
| Overall | Spreadex | Libertex (Forex Club) | |
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| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
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