Written by ForexBrokers.com
In this head to head comparison of Swissquote 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.
Swissquote, established in 1996, distinguishes itself as a premier online broker with a Trust Score of 99 out of 99, according to ForexBrokers.com. As a publicly traded bank, Swissquote holds five Tier-1 licenses, categorized as highly trusted, and two Tier-2 licenses, reflecting its solid standing in the financial services industry. This combination underscores Swissquote's high level of credibility and commitment to client security and regulatory compliance.
Conversely, Libertex (Forex Club), founded in 1997, offers an alternative with a Trust Score of 73. While this positions the firm as presenting an average risk, its portfolio consists of one Tier-1 license. Unlike Swissquote, Libertex is not publicly traded and doesn’t hold any Tier-2 licenses. As a non-bank entity, Libertex might appeal to traders seeking different attributes, although they should consider the broker's regulatory standing and how it aligns with their trading preferences.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 1996 | 1997 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
When comparing Swissquote and Libertex (Forex Club) based on commissions and fees, Swissquote stands out with its prestige as a Swiss banking entity, although this privilege comes with higher costs. The U.K. branch of Swissquote offers the most competitive conditions, featuring lower fees and deposit requirements across its four account types. However, spreads on popular pairs like EUR/USD start at 1.3 pips for the Standard account and can be as low as 0.6 pips in the Prime account. The Luxembourg branch mirrors these offerings, with spreads ranging from 0.8 to 1.5 pips depending on the account type chosen. In Switzerland, forex clients have three main account options with Prime account holders enjoying spreads from 1.1 pips, but higher deposit requirements. Swissquote's commissions and fees earn a rating of 3.5 stars and rank #53 out of 63 brokers.
On the other hand, Libertex (Forex Club) presents a different approach with commissions built into their trading costs, yet specific spread data is not readily available. Unlike Swissquote, Libertex charges no spreads on trades because it earns revenue mostly through commissions charged per trade, making fees potentially straightforward yet less predictable without clear average spread data. Libertex's commission and fee structure receives a 3-star rating, putting it at #62 in the ForexBrokers.com ranking of 63 brokers in this category.
Overall, Swissquote offers a broader selection of account types tailored to various trading and deposit preferences, albeit with higher costs compared to some competitors. Libertex provides a simpler fee structure without explicit spread data, relying on a purely commission-based model. For traders prioritizing lower transaction costs and more transparent pricing, Swissquote's U.K. accounts could provide better value compared to Libertex, depending on individual trading volume and strategy preferences.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $1000 | $10 |
| Average Spread EUR/USD - Standard | N/A | 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.
When evaluating the range of investment opportunities, Swissquote and Libertex (Forex Club) both provide compelling options. However, Swissquote stands out with 472 tradeable symbols, significantly outpacing Libertex's offering of 300. Swissquote supports a broader range of forex pairs with 80 available pairs compared to Libertex's 51. For those interested in exchange-traded securities, Swissquote has the edge as it allows investments in both U.S. and international stocks, like Apple on the NASDAQ and Vodafone on the London Stock Exchange, while Libertex does not offer direct stock purchases on these exchanges.
Both Swissquote and Libertex give clients the opportunity to trade forex as a CFD or spot contract and offer copy trading features. However, Swissquote's advantage extends into the realm of cryptocurrency investments. It allows not only the purchase of cryptocurrency derivatives but also the acquisition of actual cryptocurrencies, a feature Libertex lacks. These differences are reflected in their rankings; Swissquote has earned an impressive 5-star rating for its range of investments and secures the #2 spot out of 63 brokers, while Libertex holds a 3.5-star rating and is ranked #53. Overall, Swissquote offers a more comprehensive and versatile investment landscape.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 300 |
| Forex Pairs (Total) | 80 | 51 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | 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.
When comparing Swissquote and Libertex (Forex Club) in terms of trading platforms and tools, both brokers present strong offerings that cater to traders of all levels. Swissquote and Libertex each provide simulated, or paper trading, allowing users to explore trading without financial risk through their virtual demo accounts. Both brokers boast proprietary software developed in-house and support popular trading platforms such as MetaTrader 4 (MT4). Swissquote, however, gains an edge with support for MetaTrader 5 (MT5), while Libertex does not offer this platform. Traders looking for flexibility will appreciate both brokers' availability of web-based and Windows desktop platforms, along with the functionality to trade directly from stock charts.
Both brokers offer copy trading features but do not provide services like DupliTrade or ZuluTrade. When it comes to charting tools, Swissquote sets itself apart with 75 drawing tools compared to Libertex’s 30. Swissquote also outshines with richer watch list customization, providing 11 columns compared to Libertex's 7. These differences contribute to Swissquote's higher customer rating of 4.5 stars out of 5 for its trading platforms and tools, putting it at rank 12 out of 63 brokers according to ForexBrokers.com. In contrast, Libertex holds a respectable 4-star rating but is placed at rank 50, indicating a solid yet less diversified offering in this category.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | 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) | 86 | 15 |
| Charting - Drawing Tools (Total) | 75 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Swissquote and Libertex (Forex Club) both provide mobile apps for iPhone and Android users, and they include essential features such as stock and forex price alerts. However, differences can be found in user experience and customization options. Swissquote offers a smooth charting experience with the ability to draw trendlines and auto-save drawings, while Libertex allows syncing of watchlist symbols across mobile and online accounts, providing seamless updates and management from any device. Swissquote offers 30 technical studies for its charting tools, matching Libertex in technical depth. Both brokers enable users to view charts in multiple time frames and create watchlists with real-time quotes, meeting the common expectations of traders.
When examining user ratings, Swissquote's mobile trading app stands slightly ahead with a rating of 4.5 stars out of 5, placing it in the 12th position among 63 brokers according to ForexBrokers.com. In contrast, Libertex's app holds a 4-star rating and ranks 49th, suggesting areas for potential improvement. Whether prioritizing chart management features or cross-device syncing, both Swissquote and Libertex offer robust foundations for traders interested in mobile forex and stock trading.
| Feature |
Swissquote
|
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 online brokers Swissquote and Libertex, it's clear that Swissquote has a more extensive offering in terms of market research. Unlike Libertex, Swissquote provides daily market commentary and valuable insights in the forex realm, sourcing information from top-tier providers like Bloomberg and Reuters. Swissquote also offers tools from Autochartist, enhancing the trader's technical analysis capabilities, which is a feature unavailable with Libertex. Both brokers deliver forex news from renowned sources and have an economic calendar for tracking global economic events, but these similarities don't bridge the gap in research capabilities.
In terms of overall research quality, Swissquote is rated 4 out of 5 stars, positioning itself at #16 out of 63 in ForexBrokers.com's rankings. Meanwhile, Libertex holds a lower position, with a 3-star rating, ranking at #61. The differences in their market research capabilities could notably impact traders seeking comprehensive tools and daily insights, making Swissquote a more appealing choice for those prioritizing research in their trading strategies.
| Feature |
Swissquote
|
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 | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing Swissquote and Libertex (Forex Club) regarding educational resources for beginners, Swissquote stands out as a more comprehensive option. Swissquote offers an impressive array of educational materials, including over ten pieces of content focused on forex and CFDs, making it an excellent resource for novices. The platform hosts webinars monthly, enabling clients to learn interactively. These webinars are also archived and searchable, providing easy access to past sessions. Additionally, Swissquote includes more than ten beginner videos that cover trading essentials, as well as advanced content for experienced traders. The inclusion of an extensive investor dictionary with over 50 terms further highlights Swissquote's dedication to investor education, resulting in a 4-star rating and a respectable #21 ranking by ForexBrokers.com for education.
On the other hand, Libertex (Forex Club) offers adequate educational content with over ten resources centered on forex and CFDs, along with a selection of advanced trading videos for seasoned traders. However, it lacks in several areas compared to Swissquote. The platform does not provide monthly webinars nor does it offer an archive of past sessions. Beginner traders looking for a wide selection of introductory videos may find Libertex limited in this regard. Furthermore, the absence of an investor dictionary and fewer overall resources contribute to its lower educational rating of 3 stars and a #57 ranking by ForexBrokers.com. Overall, Swissquote provides a richer and more supportive educational environment for beginners looking to delve into the trading world.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Swissquote is better than Libertex (Forex Club). Swissquote finished with an overall rank of #11, while Libertex (Forex Club) finished with an overall rank of #61.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 73 |
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While Swissquote allows investors to purchase actual delivered cryptocurrency and cryptocurrency derivatives, Libertex (Forex Club) only offers the option to trade in cryptocurrency derivatives without providing the ability to buy the actual digital coins.
Both Swissquote and Libertex (Forex Club) support ACH and SEPA transfers, PayPal, Skrill, and bank wire options for depositing or withdrawing funds, but only Swissquote offers Visa or Mastercard as a payment option.
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 | Swissquote | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
| Broker Screenshots | Swissquote | Libertex (Forex Club) | |
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| Regulation | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 99 | 73 | |
| Year Founded | 1996 | 1997 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | 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). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 300 | |
| Forex Pairs (Total) | 80 | 51 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | 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 | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 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 | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $1000 | $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 | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | 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 | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 86 | 15 | |
| Charting - Drawing Tools (Total) | 75 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | 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 | Swissquote | 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 | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Swissquote | 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 | Swissquote Review |
| Overall | Swissquote | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
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