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 | N/A | 1.03 |
| All-in Cost EUR/USD - Active | N/A | 0.88 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Libertex (Forex Club) and TopFX both let you trade forex, whether through CFDs or spot contracts. TopFX offers a larger catalog overall with 655 tradeable symbols and 60 forex pairs, compared with Libertex’s 300 symbols and 51 pairs. Despite that edge, both earn 3.5 out of 5 stars for Range of Investments. In ForexBrokers.com’s rankings, Libertex places 54th out of 63 brokers, while TopFX ranks 47th.
Neither broker offers direct, exchange-traded shares in the U.S. or on international stock exchanges; stock exposure, where available, is via CFDs. Both provide copy trading. Crypto fans can trade cryptocurrency derivatives at either broker, but you can’t buy and hold actual coins. If you want more symbols and currency pairs, TopFX has the wider spread; if your needs are simpler, Libertex (Forex Club) covers the basics at a similar overall rating.
| Feature |
Libertex (Forex Club)
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 300 | 655 |
| Forex Pairs (Total) | 51 | 60 |
| 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.
Comparing Libertex (Forex Club) vs TopFX for trading platforms and tools: both brokers offer free demo (paper) trading, web-based platforms, and Windows desktop downloads. Each supports MetaTrader 4 (MT4) but not MetaTrader 5 (MT5), and both include copy trading while excluding DupliTrade and ZuluTrade. A key difference is that Libertex provides a proprietary, in-house platform, whereas TopFX does not. Both let you trade directly from charts and offer seven watch list columns. For charting, Libertex lists 30 drawing tools compared with 15 at TopFX; indicator counts were not provided.
Both brands earn 4 stars for Trading Platforms and Tools, with TopFX ranked #46 out of 63 brokers by ForexBrokers.com and Libertex (Forex Club) at #51. If you want an in-house platform and more drawing tools, Libertex stands out. If you prefer sticking with MT4 and a slightly higher category ranking, TopFX is appealing. In either case, starting with a free demo account can help you see which platform fits your style.
| Feature |
Libertex (Forex Club)
|
TopFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 15 | 30 |
| Charting - Drawing Tools (Total) | 30 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Libertex (Forex Club) and TopFX both deliver full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, real-time quote watchlists, 30 built-in technical studies, drawing trendlines, and switching between multiple chart time frames. One key difference is chart drawings: TopFX auto-saves your annotations, while Libertex does not.
Another distinction is watchlist syncing. Libertex syncs symbols between the mobile app and your online account, but TopFX does not. Both brokers earned 4 stars for Mobile Trading Apps. In ForexBrokers.com’s rankings out of 63 brokers, Libertex (Forex Club) sits at #50 and TopFX at #52. Prefer Libertex if synced watchlists matter most; pick TopFX if you want your chart drawings saved automatically.
| Feature |
Libertex (Forex Club)
|
TopFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | 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 | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing education between Libertex (Forex Club) and TopFX, Libertex has the edge. It offers a basic library of forex and CFD content with at least 10 educational pieces, while TopFX does not meet that threshold. Neither broker runs monthly client webinars or keeps a searchable webinar archive. Both lack a beginner-focused video library of 10 or more lessons and do not provide an investor dictionary.
Where they differ further is in advanced content: Libertex supplies at least 10 videos for experienced traders, whereas TopFX does not. Despite these gaps, both carry a 3-star Education rating. In ForexBrokers.com’s rankings, Libertex places 58th out of 63 for Education, ahead of TopFX at 62nd. Beginners seeking more structured lessons and live training may find Libertex marginally more helpful, but those who want frequent webinars and a deep beginner curriculum may need to look elsewhere.
| Feature |
Libertex (Forex Club)
|
TopFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | 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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Both Libertex (Forex Club) and TopFX do not offer the option to buy actual (delivered) cryptocurrency, but they do provide the ability to purchase cryptocurrency derivatives.
Comparing Libertex (Forex Club) and TopFX, Libertex provides options for ACH or SEPA transfers, PayPal, Skrill, and bank wires for depositing or withdrawing funds, but lacks Visa or Mastercard, while TopFX supports PayPal, Skrill, bank wires, and Visa or Mastercard, yet does not offer ACH or SEPA transfers.
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/Central Bank 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. 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 | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.03 | |
| All-in Cost EUR/USD - Active | N/A | 0.88 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Minimum Deposit | $10 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Drawing Tools (Total) | 30 | 15 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Libertex (Forex Club) | TopFX | |
|---|---|---|---|
| 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 | 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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