Written by ForexBrokers.com
In this head to head comparison of Libertex (Forex Club) vs TopFX, 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.
Libertex (Forex Club) and TopFX are both well-established online brokers, with Libertex originating in 1997 and TopFX in 2010. Neither is publicly traded or operates as a bank, which means they are private companies solely focused on providing brokerage services. In terms of regulatory standing, both brokers hold one Tier-1 license each, reflecting a high level of security and oversight in their operations. For ForexBrokers.com Trust Score ratings, Libertex (Forex Club) holds a slightly higher score of 73, placing it in the average risk category, whereas TopFX scores 67, which categorizes it as a high-risk broker.
These scores suggest that while both brokers are engaged in providing trading services under trusted regulation, users may find Libertex (Forex Club) slightly more reliable based on its Trust Score. Neither broker holds a Tier-2 license, indicating that they rely on their primary Tier-1 regulatory status for market credibility. Investors considering these platforms should weigh these factors carefully, as both brokers present reputable options but differ in risk assessment by independent reviewers.
| Feature |
Libertex (Forex Club)
|
TopFX
|
|---|---|---|
| Year Founded | 1997 | 2010 |
| 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 | 1 |
Comparing commissions and fees, Libertex (Forex Club) does not publish average spread data, which makes precise cost comparisons difficult. ForexBrokers.com rates Libertex 3 out of 5 stars for commissions and fees, and ranks it 63rd out of 63 brokers in this category.
TopFX publishes clear pricing across two account types on MetaTrader and cTrader. The commission-based RAW account charges 2.75 EUR per side (5.50 EUR per round turn per standard lot). In July 2024, its average EUR/USD spread was 0.33 pips; adding the commission’s 0.55-pip equivalent brings the all-in cost to about 0.88 pips, around the industry average. The ZERO account is commission-free but had higher average EUR/USD spreads of 1.03 pips in July 2024. The minimum deposit varies by payment method. For commissions and fees, ForexBrokers.com rates TopFX 4 out of 5 stars and ranks it #41 of 63.
| Feature |
Libertex (Forex Club)
|
TopFX
|
|---|---|---|
| Minimum Deposit | $10 | Depends on payment method |
| Average spread (EUR/USD) - Standard account | N/A | 1.03 |
| All-in Cost EUR/USD - Active | N/A | 0.88 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
TopFX vs Libertex (Forex Club): both brokers let you trade forex as CFDs or spot and support copy trading. Each offers crypto via CFDs but does not let you buy actual crypto. Neither broker provides exchange-traded shares on U.S. or international stock exchanges. In terms of choice, Libertex lists about 300 tradeable symbols with 51 forex pairs, while TopFX offers a larger catalog with 655 symbols and 60 forex pairs.
For Range of Investments, both are rated 3.5 out of 5 stars by ForexBrokers.com. In the same category, Libertex ranks 54th out of 63 brokers, whereas TopFX ranks 47th. If you want a wider selection of instruments and currency pairs, TopFX has the edge; if you only need the essentials—forex, crypto CFDs, and copy trading—both brokers cover those bases.
| Feature |
Libertex (Forex Club)
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 655 |
| Forex Pairs (Total) | 51 | 60 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Libertex (Forex Club) and TopFX each provide free demo (paper) accounts and support both a Windows desktop download and a web-based trading platform. Both offer MetaTrader 4 (MT4) but not MetaTrader 5 (MT5), and each includes copy trading plus the ability to place orders directly from a chart. A key difference: Libertex also has a proprietary, in-house platform, while TopFX relies on third-party platforms. Both include charting with technical indicators, though the exact indicator counts and watchlist column options are not specified.
For Trading Platforms and Tools, both are rated 4 stars on ForexBrokers.com. In the same category, TopFX ranks #46 out of 63 brokers, while Libertex ranks #51. Choose Libertex if you want an additional broker-built platform alongside MT4; pick TopFX if you prefer a straightforward MetaTrader-focused setup.
| Feature |
Libertex (Forex Club)
|
TopFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Libertex (Forex Club) and TopFX both check the key boxes for a mobile trading app. Each offers an iPhone app and an Android app, price alerts, 30 charting studies, and the ability to draw trendlines. Both are rated 4 stars for mobile trading. For rankings, ForexBrokers.com places Libertex (Forex Club) at #50 out of 63 brokers and TopFX at #52 in the Mobile Trading Apps category.
The differences come down to convenience features. Libertex (Forex Club) syncs your watchlists between the mobile app and your online account, while TopFX does not. By contrast, TopFX auto-saves your chart drawings, and Libertex (Forex Club) does not. Choose Libertex (Forex Club) if synced watchlists are a must; pick TopFX if you want your chart annotations saved automatically.
| Feature |
Libertex (Forex Club)
|
TopFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
For market research, Libertex (Forex Club) and TopFX both provide forex news from top-tier sources like Bloomberg/Reuters-class feeds and an economic calendar, but neither offers daily market commentary. The key difference is tools: TopFX includes third-party technical and fundamental features from Autochartist and Trading Central, plus a sentiment tool that shows long/short positioning, while Libertex (Forex Club) does not. Details about TipRanks or Acuity Trading integrations weren’t specified for either broker.
Both brokers earn 3 stars for Research, according to ForexBrokers.com. In the category ranking out of 63 brokers, TopFX sits at #61, edging Libertex (Forex Club) at #62. If you want added automated chart patterns, independent analyst insights, and a sentiment gauge, TopFX has more built-in options. If your focus is headline news and a calendar of upcoming events, Libertex (Forex Club) covers the basics.
| Feature |
Libertex (Forex Club)
|
TopFX
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | No | Yes |
| Client sentiment data | No | Yes |
| TipRanks | ||
| Acuity Trading | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing education at Libertex (Forex Club) and TopFX, both brokers offer limited starter-friendly content. Neither hosts monthly educational webinars, and neither provides a library of 10 or more beginner-focused trading videos. Libertex (Forex Club) does have at least 10 advanced educational videos for experienced traders, while TopFX does not—helpful for seasoned users but not ideal if you’re just getting started and want step-by-step guidance.
According to ForexBrokers.com, both brokers earn 3 out of 5 stars for Education. In category rankings, Libertex (Forex Club) places #58 of 63, and TopFX ranks #62 of 63. If you’re a new trader seeking a clear learning path and frequent live training, you’ll likely want to supplement either broker’s materials with outside courses or free resources.
| Feature |
Libertex (Forex Club)
|
TopFX
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Libertex (Forex Club) is better than TopFX. Libertex (Forex Club) finished with an overall rank of #61, while TopFX finished with an overall rank of #62.
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.
| Feature |
Libertex (Forex Club)
|
TopFX
|
|---|---|---|
| Overall Rating |
|
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| Trust Score | 73 | 67 |
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| Research |
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Both online brokers Libertex (Forex Club) and TopFX do not allow purchasing actual (delivered) cryptocurrencies, but they both offer cryptocurrency CFD trading.
Libertex (Forex Club) vs TopFX: Libertex supports ACH/SEPA transfers for deposits and withdrawals while TopFX does not; details for both brokers regarding PayPal, Skrill, Visa/Mastercard, and bank wire funding options were not provided.
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 | Libertex (Forex Club) | TopFX | |
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| Trust Score | 73 | 67 | |
| Winner | check_circle | ||
| Review | TopFX Review |
| Broker Screenshots | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Broker Gallery (click to expand) |
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| Regulation | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Trust Score | 73 | 67 | |
| Year Founded | 1997 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | 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) | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 300 | 655 | |
| Forex Pairs (Total) | 51 | 60 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | 1.03 | |
| All-in Cost EUR/USD - Active | N/A | 0.88 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Minimum Deposit | $10 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | Yes |
| Trading Tools | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | Yes | |
| TipRanks | |||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | TopFX Review |
| Overall | Libertex (Forex Club) | TopFX | |
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| Trust Score | 73 | 67 | |
| Winner | check_circle | ||
| Review | TopFX Review |
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