ThinkMarkets vs Libertex (Forex Club) Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare ThinkMarkets vs Libertex (Forex Club).
Does ThinkMarkets or Libertex (Forex Club) offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, ThinkMarkets offers better pricing overall for traders.
Is ThinkMarkets or Libertex (Forex Club) safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. ThinkMarkets holds 5 global Tier-1 licenses, while Libertex (Forex Club) holds 1. ThinkMarkets holds 1 global Tier-2 licenses, while Libertex (Forex Club) holds 0. In our analysis of 23 international regulators across 50 brokers, ThinkMarkets (88) earned a higher Trust Score than Libertex (Forex Club) (73).
Which trading platform is better: ThinkMarkets or Libertex (Forex Club)?
To compare the trading platforms of both ThinkMarkets and Libertex (Forex Club), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Libertex (Forex Club) offers a better experience. With research, ThinkMarkets offers superior market research. Finally, we found Libertex (Forex Club) to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both ThinkMarkets and Libertex (Forex Club) offer MetaTrader 4 (MT4).ThinkMarkets and Libertex (Forex Club) both offer copy trading.
How many forex pairs and CFDs are available to trade?
Libertex (Forex Club) provides traders 51 currency pairs (e.g., EUR/USD) compared to ThinkMarkets's 46 available pairs. Forex pairs aside, ThinkMarkets offers traders access to 4000 CFDs while Libertex (Forex Club) has 300 available CFDs, a difference of 3700.
Can I trust ThinkMarkets?
ThinkMarkets is not publicly traded and does not operate a bank. ThinkMarkets is authorised by five tier-1 regulators (Highly Trusted), one tier-2 regulator (Average Risk), zero tier-3 regulators (low trust), and two tier-4 regulators (High Risk). ThinkMarkets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Japanese Financial Services Authority (JFSA), Financial Markets Authority (FMA), Financial Conduct Authority (FCA), and the European Union Authorized (MiFID).
Can I trust Libertex (Forex Club)?
Libertex (Forex Club) is not publicly traded and does not operate a bank. Libertex (Forex Club) is authorised by one Tier-1 regulator (Highly Trusted), zero tier-2 regulator (Trusted), zero tier-3 regulators (Average Risk), and zero tier-4 regulators (High Risk). Libertex (Forex Club) is authorised by the following tier-1 regulators: European Union Authorized (MiFID).
Is ThinkMarkets good?
ThinkMarkets has multiple regulatory license and offers a proprietary trading platform, as well as the entire MetaTrader suite. The broker has made progress in key areas, such as research and education, and the range of markets available, although trails behind the best brokers in these categories.
Is Libertex (Forex Club) good?
Forex Club is a long-standing MetaTrader broker offering forex and CFDs, along it's more recently launched Libertex brand catering to the EU market with a proprietary web platform. The biggest issue with Libertex (Forex Club) is the few regulatory licenses it holds, which bring down its Trust Score, compared to the most trusted brokers.
Overall winner: ThinkMarkets
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