Written by ForexBrokers.com
In this head to head comparison of ThinkMarkets 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.
ThinkMarkets, established in 2010, holds a strong position in the online brokerage space with an impressive ForexBrokers.com Trust Score of 92, indicating a high level of trust. Despite not being publicly traded or a bank, ThinkMarkets secures its reputation with 5 Tier-1 licenses and 2 Tier-2 licenses. This regulatory backing ensures clients have confidence in their services, classifying ThinkMarkets as a reliable choice for online trading.
In comparison, Libertex (Forex Club), operating since 1997, holds a Trust Score of 73, placing it in the average risk category. While also not publicly traded or a bank, Libertex's regulatory strength comes with 1 Tier-1 license, aligning with a modest level of investor trustworthiness. With its longer market presence, Libertex continues to serve traders but carries a higher risk perception compared to ThinkMarkets.
| Feature |
ThinkMarkets
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2010 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 0 |
When it comes to comparing commissions and fees, ThinkMarkets stands out with a rating of 4 stars. As a broker, it is noted for providing competitive pricing to its clients, making it a strong contender in the market. In rankings by ForexBrokers.com, ThinkMarkets holds the #47 position out of 63 brokers in the Commissions and Fees category, showcasing its commitment to offering reasonable costs for trading.
In contrast, Libertex (Forex Club) receives a 3-star rating for its commissions and fees. While it provides accessible trading services, its pricing structure might not be as favorable as some competitors. This is reflected in its ranking as #62 out of 63 brokers on ForexBrokers.com in the same category, indicating there may be room for improvement in delivering better value to traders.
| Feature |
ThinkMarkets
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $50 | $10 |
| Average Spread EUR/USD - Standard | 1.1 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | 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 comparing ThinkMarkets to Libertex (Forex Club), both brokers offer forex trading opportunities either as CFDs or spot contracts. However, ThinkMarkets stands out with an extensive array of 4000 tradeable symbols, while Libertex offers a more modest selection of 300 symbols. Despite this difference, Libertex slightly outpaces ThinkMarkets in the number of forex pairs available, offering 51 compared to ThinkMarkets' 46. Neither broker allows you to trade exchange-traded securities like Apple shares on U.S. exchanges, but ThinkMarkets does offer exchange-traded securities from international markets, such as Vodafone shares on the London Stock Exchange, unlike Libertex.
In terms of additional features, both brokers provide the option for copy trading, and each offers derivatives for cryptocurrency trading, without the possibility of purchasing the actual cryptocurrencies themselves. ThinkMarkets receives a higher rating for its investment options, earning 4.5 stars, compared to Libertex's 3.5 stars. Furthermore, ThinkMarkets ranks higher overall at #22 for range of investments, while Libertex sits at #53 out of 63 brokers. These factors highlight ThinkMarkets' broader appeal for traders seeking diverse investment opportunities.
| Feature |
ThinkMarkets
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4000 | 300 |
| Forex Pairs (Total) | 46 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | 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.
ThinkMarkets and Libertex (Forex Club) both provide traders with a plethora of tools and platforms to enhance their trading experience. Each broker offers simulated trading through free virtual demo accounts, allowing users to practice without financial risk. Both brokers boast proprietary platforms developed in-house and offer Windows-based desktop download options, along with web-based trading platforms for accessible trading from anywhere. MetaTrader 4 is supported by both brokers, but only ThinkMarkets extends its offerings to include MetaTrader 5. Copy trading is available with both, broadening their appeal to diverse trading strategies. Despite comparable features, ThinkMarkets tends to edge ahead with 15 drawing tools compared to Libertex's 30, and 15 watchlist columns, double what Libertex offers.
When considering the ability to trade directly from stock charts, both ThinkMarkets and Libertex provide this functionality, enhancing the user's navigation between analysis and action. Both platforms earn a commendable 4-star rating for their trading platforms and tools. However, ThinkMarkets stands out in rankings, earning the 28th spot out of 63 brokers according to ForexBrokers.com, while Libertex is positioned at 50th. Whether you're swayed by advanced MT5 support or rank positioning, both brokers offer solid platforms designed to cater to contemporary trading demands.
| Feature |
ThinkMarkets
|
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) | 30 | 15 |
| Charting - Drawing Tools (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 15 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both ThinkMarkets and Libertex offer comprehensive mobile trading apps available on iPhone and Android devices, providing a seamless experience for traders on the go. Users can receive stock or forex price alerts and create watchlists with real-time quotes on both platforms. However, one notable difference is that Libertex allows watchlist symbol syncing between the mobile app and a user's online account, offering added convenience for traders who switch between devices. In comparison, ThinkMarkets excels in providing an extensive 94 technical studies for charting, significantly surpassing Libertex's offering of 30. Both apps support drawing trendlines and viewing multiple time frames on charts, but ThinkMarkets also auto-saves chart drawings, whereas Libertex does not.
In terms of user ratings, both apps receive a solid four-star rating and offer competitive functionality in mobile trading. However, ThinkMarkets ranks higher at 20 out of 63 brokers on ForexBrokers.com for mobile trading apps, with Libertex trailing at rank 49. This higher ranking can be attributed to ThinkMarkets' enriched charting tools and auto-save feature, which can be critical for traders who depend heavily on in-depth technical analysis and ease of use across devices. Both apps are strong contenders in the mobile trading space, but ThinkMarkets offers some additional features that may appeal to more technically oriented traders.
| Feature |
ThinkMarkets
|
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 | 94 | 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.
ThinkMarkets and Libertex (Forex Club) both provide forex news sourced from reputable outlets like Bloomberg and Reuters, ensuring traders stay informed with high-quality information. However, ThinkMarkets edges out with additional offerings such as daily market commentary and a sentiment-based trading tool that provides insights into long and short positions across various currency pairs. Additionally, ThinkMarkets supports traders with research tools from Acuity Trading, such as Signal Centre, which is not available with Libertex. Both brokers offer an economic calendar to keep traders updated on global news events, yet ThinkMarkets stands out with more comprehensive research resources, reflecting its research rating of 3.5 stars compared to Libertex's 3 stars.
Although neither broker provides tools from Autochartist or Trading Central, ThinkMarkets ranks higher in research according to ForexBrokers.com, holding the 50th position out of 63 brokers, whereas Libertex sits at 61st. These distinctions highlight ThinkMarkets as a slightly more resource-rich platform for traders seeking detailed market analysis and various research tools to help inform their trading decisions. By choosing ThinkMarkets, traders can benefit from a broader array of market research features that support more informed and strategic trading practices.
| Feature |
ThinkMarkets
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking to dive into forex or CFD trading, ThinkMarkets shines with its comprehensive range of educational resources. It provides more than ten articles and videos on the subject, ensuring newcomers can access ample learning material. ThinkMarkets also stands out by offering monthly live webinars and a searchable archive of past webinars, giving users flexible learning options. Additionally, it caters to both beginners and seasoned traders alike by offering over ten beginner-focused videos and an extensive collection of advanced educational content. To navigate the complexities of trading terminology, ThinkMarkets provides an investor dictionary with definitions for over 50 terms.
In contrast, Libertex (Forex Club) offers a slightly scaled-back educational experience. While it does provide a minimum of ten educational pieces on forex and CFDs, it lacks the live monthly webinars and searchable archives that ThinkMarkets offers. New traders might find the absence of beginner-specific educational videos a limitation; however, advanced traders will find over ten videos that cater to their needs. The lack of an investor dictionary may also prove challenging for those new to the trading world. Overall, ThinkMarkets edges out Libertex in providing a more comprehensive educational experience, with a rating of 3.5 stars compared to Libertex's 3 stars, and a higher ranking in educational resources at 52nd versus 57th out of 63 brokers.
| Feature |
ThinkMarkets
|
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 ThinkMarkets is better than Libertex (Forex Club). ThinkMarkets finished with an overall rank of #27, while Libertex (Forex Club) finished with an overall rank of #61.
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.
| Feature |
ThinkMarkets
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Libertex (Forex Club)
|
|---|---|---|
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| Trust Score | 92 | 73 |
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Both ThinkMarkets and Libertex (Forex Club) do not provide the option to purchase actual (delivered) cryptocurrency, yet each offers the capability to trade in cryptocurrency derivatives.
When comparing ThinkMarkets to Libertex (Forex Club) for deposit and withdrawal options, ThinkMarkets lacks ACH or SEPA transfers and PayPal support but offers Visa/Mastercard, Skrill, and bank wires, whereas Libertex supports ACH/SEPA transfers and PayPal but does not accept Visa/Mastercard, while both offer Skrill and bank wire options.
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 | ThinkMarkets | Libertex (Forex Club) | |
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| Trust Score | 92 | 73 | |
| Winner | check_circle | ||
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| Broker Screenshots | ThinkMarkets | Libertex (Forex Club) | |
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| Regulation | ThinkMarkets | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 92 | 73 | |
| Year Founded | 2010 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | 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 | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | ThinkMarkets | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | 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) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | ThinkMarkets | 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 | ThinkMarkets | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4000 | 300 | |
| Forex Pairs (Total) | 46 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | ThinkMarkets | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.1 | 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 | ThinkMarkets | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $50 | $10 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | ThinkMarkets | 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 | ThinkMarkets | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 15 | 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 | ThinkMarkets | 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 | 94 | 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 | ThinkMarkets | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | ThinkMarkets | 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 | ThinkMarkets | 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 |
| Overall | ThinkMarkets | Libertex (Forex Club) | |
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| Trust Score | 92 | 73 | |
| Winner | check_circle | ||
| Review |
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