Written by ForexBrokers.com
In this head to head comparison of Tickmill 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.
Tickmill, established in 2014, and Libertex (Forex Club), founded in 1997, are two notable players in the online brokerage industry. Neither of these companies is publicly traded or operates as a bank, yet they both have distinct regulatory standings. Tickmill stands out with a ForexBrokers.com Trust Score of 86, indicating it is a trusted broker. It holds two Tier-1 licenses and two Tier-2 licenses, placing it comfortably within the trusted category.
On the other hand, Libertex (Forex Club) has been around longer but holds a slightly lower Trust Score of 73, classifying it as presenting an average risk according to ForexBrokers.com. It possesses one Tier-1 license but lacks Tier-2 licenses. Potential investors should weigh the trust rating and regulatory licenses as part of their decision-making process when choosing between these two brokers.
| Feature |
Tickmill
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2014 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Tickmill and Libertex (Forex Club) present distinct options for traders when it comes to commissions and fees. Tickmill offers two main account types, the Classic and the Raw. The Classic account is commission-free with traders only paying the bid/ask spread, which as of August 2023, averaged 1.76 pips, considerably higher than Tickmill’s Raw account. On the other hand, the Raw account delivers tighter spreads and a transparent commission structure, with a charge of $3 per side or $6 per standard lot. While there was a recent increase from the prior $2 per side rate, Tickmill continues to stand out, particularly for active traders, by maintaining low average spreads and an attractive all-in cost. The Raw account is further complemented by a low entry barrier and competitive trading conditions, making it a preferred option for many.
Conversely, there is limited data available for the average spreads offered by Libertex (Forex Club), which could be a point of concern for traders seeking transparency in cost structure. Libertex’s offering may not be as appealing for those focused on commissions and detailed fee analysis, especially when compared to Tickmill. This difference is underscored in their ratings; Tickmill garners 5 stars for its commissions and fees, earning itself the 4th rank among 63 brokers as per ForexBrokers.com, a testament to its competitive fee structure and trader-friendly policies.
In stark contrast, Libertex (Forex Club) receives a 3-star rating and is ranked at 62nd place out of 63 brokers in the same category. This indicates that traders might face higher commissions and less favorable fee conditions compared to Tickmill. As a result, Tickmill emerges as a more cost-effective option, particularly for those who prioritize low trading costs combined with quality service.
| Feature |
Tickmill
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $100 | $10 |
| Average Spread EUR/USD - Standard | 0.51 | N/A |
| All-in Cost EUR/USD - Active | 0.31 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | 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.
Tickmill and Libertex (Forex Club) both provide forex trading through CFDs or spot contracts, catering to traders interested in this popular market. When it comes to the variety of available symbols, Tickmill offers a wider selection with 725 tradeable symbols compared to 300 provided by Libertex. Similarly, Tickmill holds an edge in forex pairs, offering 63 pairs against Libertex’s 51. Both platforms do not provide opportunities to trade exchange-traded securities from U.S. or international markets directly, and neither allows the purchase of actual cryptocurrencies, although they do offer cryptocurrency derivatives.
For feature-rich investing, both Tickmill and Libertex accommodate traders with copy trading capabilities. Each platform's offering in range of investments is rated evenly at 3.5 stars. However, Tickmill is positioned slightly higher in industry rankings at #42, while Libertex stands at #53 among 63 brokers evaluated by ForexBrokers.com. This highlights subtle differences in their investment offerings and accelerates consideration for traders deciding between the two platforms.
| Feature |
Tickmill
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 725 | 300 |
| Forex Pairs (Total) | 63 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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.
Both Tickmill and Libertex (Forex Club) provide competitive trading platforms and tools, each offering a free virtual demo account to help beginners get started. While Tickmill doesn't offer a proprietary platform and relies on popular software like MetaTrader 4 and 5, Libertex provides its own in-house platform but does not support MetaTrader 5. Both brokers support web-based and Windows desktop platforms and allow users to trade directly from stock charts. Notably, both brokers provide copy trading, but neither offers DupliTrade or ZuluTrade.
For technical analysis, Tickmill offers 15 drawing tools, whereas Libertex provides a robust selection with 30 drawing tools, although the exact number of technical indicators isn't specified for either. Both brokers offer watch lists with 7 columns. When it comes to ratings, both are rated 4 stars for their trading platforms and tools. However, Tickmill ranks higher at #32 out of 63 brokers for trading platforms and tools, compared to Libertex's rank of #50, according to ForexBrokers.com. This comparison reflects a nuanced choice for traders based on platform preferences and additional features.
| Feature |
Tickmill
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Tickmill and Libertex (Forex Club) provide mobile trading apps that are compatible with iPhone and Android devices. Users can access stock and forex price alerts on both platforms, ensuring they stay informed about market movements. Chart enthusiasts will appreciate the availability of 30 technical studies on each app, along with the ability to draw trendlines and view charts in multiple time frames. However, while Tickmill's app automatically saves drawings on charts, Libertex does not offer this feature. Adding to the convenience, both brokers allow the creation of watchlists with real-time quotes.
One notable difference lies in the syncing of watchlists between mobile apps and online accounts. Libertex supports this feature, allowing users to seamlessly manage their watchlists across devices, whereas Tickmill does not offer this syncing capability. Despite these differences, both trading apps are highly rated, each receiving four out of five stars. In terms of rankings, Tickmill holds the 32nd position out of 63 brokers on ForexBrokers.com for mobile trading apps, while Libertex is slightly lower at 49th. This comparison highlights the strengths of each platform, making it easier for users to decide based on their preferences.
| Feature |
Tickmill
|
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 Tickmill and Libertex (Forex Club) for market research offerings, Tickmill comes out ahead in several key areas. Tickmill provides daily market commentary, offering traders valuable insights on market trends and conditions, an advantage that Libertex does not offer. Both brokers deliver forex news from well-known sources such as Bloomberg and Reuters, ensuring that users stay informed with the latest developments. However, for sentiment-based trading tools, Tickmill gives traders an edge by offering tools that show the ratio of long or short positions across currency pairs, a feature not available with Libertex. Additionally, Tickmill provides research tools from Acuity Trading, like Signal Centre, further enhancing its research capabilities.
Both platforms include an economic calendar to track global news events, but when it comes to overall research ratings, Tickmill takes the lead with a four-star rating compared to Libertex's three stars. This higher rating reflects in its superior ranking for research, placing Tickmill at #22 out of 63 brokers according to ForexBrokers.com, while Libertex trails significantly at #61. This comparison highlights Tickmill as the more comprehensive choice for traders prioritizing market research tools.
| Feature |
Tickmill
|
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.
When comparing the educational resources of Tickmill and Libertex (Forex Club), beginners will find Tickmill to be a more comprehensive platform. Tickmill provides a wide range of educational materials including articles, videos, and archived webinars focused on forex and CFDs, with more than ten resources available. They host regular monthly webinars to further assist new traders, paired with a searchable archive of previously recorded sessions. Adding value to beginners, Tickmill also offers over ten videos specifically catering to novices in trading, and an investor dictionary with over 50 defined terms. This commitment to education earns Tickmill a 4-star rating and places it at #15 in the ForexBrokers.com Education category.
On the other hand, Libertex (Forex Club) also provides educational content with at least ten pieces focusing on forex and CFDs. However, it lacks some of the key components that Tickmill offers. Libertex does not have regular webinars or a searchable archive for recorded webinars, and their video content for beginners is less extensive. Despite offering advanced educational videos, Libertex falls short by not providing a comprehensive investor dictionary. Consequently, Libertex receives a 3-star rating and ranks #57 in the ForexBrokers.com Education category. For newcomers eager to learn, Tickmill's educational offerings provide a more thorough learning experience.
| Feature |
Tickmill
|
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 Tickmill is better than Libertex (Forex Club). Tickmill finished with an overall rank of #22, while Libertex (Forex Club) finished with an overall rank of #61.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 73 |
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Both Tickmill and Libertex (Forex Club) provide the ability to trade cryptocurrency derivatives, yet neither broker offers the option to purchase actual, delivered cryptocurrencies.
When comparing online brokers Tickmill and Libertex (Forex Club) for funding options, both provide PayPal and Skrill, while Tickmill uniquely offers Visa or Mastercard and bank wires, but not ACH or SEPA transfers, whereas Libertex is distinct in supporting ACH or SEPA transfers but lacks Visa or Mastercard availability, still supporting bank wires.
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 | Tickmill | Libertex (Forex Club) | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
| Broker Screenshots | Tickmill | Libertex (Forex Club) | |
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| Regulation | Tickmill | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 86 | 73 | |
| Year Founded | 2014 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | 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). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Tickmill | 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 | Tickmill | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 725 | 300 | |
| Forex Pairs (Total) | 63 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | Tickmill | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.51 | N/A | |
| All-in Cost EUR/USD - Active | 0.31 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $100 | $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 | No | Yes |
| Trading Platforms | Tickmill | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Tickmill | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 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 | Tickmill | 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 | Tickmill | 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 | Tickmill | 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 | Tickmill | 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 | Tickmill Review |
| Overall | Tickmill | Libertex (Forex Club) | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
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