Written by ForexBrokers.com
In this head to head comparison of Trade Nation 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.
Trade Nation, established in 2014, is an online broker known for its high level of trustworthiness, as evidenced by its Trust Score of 85 out of 99 from ForexBrokers.com. With two Tier-1 licenses and one Tier-2 license, Trade Nation is considered a trusted platform for online trading. Not publicly traded and not operating as a bank, Trade Nation offers a reliable option for traders who prioritize regulatory oversight and security.
In contrast, Libertex (Forex Club) has been in operation since 1997 and holds a Trust Score of 73, placing it in the average risk category. Unlike Trade Nation, Libertex has only one Tier-1 license and does not possess any Tier-2 licenses, which could be a consideration for those interested in regulatory backing. Like Trade Nation, Libertex is also neither publicly traded nor a banking institution, providing another alternative for traders seeking established online trading platforms.
| Feature |
Trade Nation
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2014 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
Trade Nation stands out on costs thanks to fixed spreads on its TN Trader platform and variable pricing on MetaTrader. EUR/USD is listed at a fixed 0.6-pip spread, though it typically widens for about an hour during the daily rollover—sometimes to around 1.4 pips—bringing the effective average closer to 1 pip over time. On MetaTrader, you can choose a commission-free account or the Raw Spread account that adds a $3.50-per-side ($7 round trip) commission per standard lot. In practice, TN Trader often delivers the lowest all-in costs, while the MT commission-free setup usually has the widest spreads. Trade Nation is rated 5/5 stars for commissions and fees and ranks #7 out of 63 brokers.
Libertex (Forex Club) does not publish average spread data, which makes side-by-side cost comparisons harder. Without typical spreads available, you’ll need to rely on live quotes and any listed commissions to estimate total trading costs. Libertex is rated 3/5 stars for commissions and fees and ranks #63 out of 63 brokers.
Bottom line: Trade Nation offers clearer, more predictable pricing—especially with fixed spreads on TN Trader—plus a defined commission option on MetaTrader. In contrast, the lack of published average spread data at Libertex limits visibility into expected costs. Reflecting this, Trade Nation’s 5-star rating and #7 ranking outpace Libertex’s 3-star rating and #63 ranking in the Commissions and Fees category.
| Feature |
Trade Nation
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 0.6 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | No | 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.
Compare Trade Nation vs Libertex (Forex Club) on range of investments: both support forex trading via CFDs or spot and each earns 3.5 stars for this category. Trade Nation lists about 1,000 tradeable symbols, giving it a wider overall market selection, while Libertex offers around 300. When it comes to forex pairs, Libertex has a slight edge with 51 pairs versus Trade Nation’s 46. On ForexBrokers.com, Trade Nation ranks #39 out of 63 for Range of Investments, ahead of Libertex at #54, despite their equal star ratings.
Neither broker provides access to exchange-traded U.S. or international stocks (no real shares), and neither lets you buy actual cryptocurrency. Both support copy trading and let you trade cryptocurrency via derivatives instead of owning coins. In short, pick Trade Nation if you want more total markets, or choose Libertex if you value a few extra forex pairs.
| Feature |
Trade Nation
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 300 |
| Forex Pairs (Total) | 46 | 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.
Trade Nation and Libertex (Forex Club) both check key boxes for platform access and ease of testing: each offers a free demo account for paper trading, a proprietary platform, Windows desktop software, a web platform, copy trading, and MetaTrader 4 (MT4). Neither supports MetaTrader 5 (MT5), DupliTrade, or ZuluTrade. Both are rated 4 out of 5 stars for Trading Platforms and Tools by ForexBrokers.com. In that same category, Trade Nation ranks 45th out of 63 brokers, while Libertex ranks 51st.
For charting and market tracking, Trade Nation provides 39 drawing tools and 14 watch list columns; Libertex offers 30 drawing tools and 7 watch list columns. If you prefer placing orders directly from charts, Libertex enables chart trading, while Trade Nation does not. The number of technical indicators isn’t specified for either broker, but both cover the basics most traders need. Choose Trade Nation for more drawing tools and fuller watch lists, or go with Libertex if built-in chart trading is a priority.
| Feature |
Trade Nation
|
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) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 115 | 15 |
| Charting - Drawing Tools (Total) | 39 | 30 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 14 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trade Nation and Libertex (Forex Club) both deliver full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, synced watchlists that mirror your online account, real-time quotes, trendline drawing, and multiple chart time frames. Where they differ is depth: Trade Nation offers 99 technical studies and auto-saves your chart drawings, while Libertex provides 30 studies and does not auto-save drawings.
Both apps earn 4 out of 5 stars, but ForexBrokers.com ranks Trade Nation slightly higher (#46 of 63) than Libertex (#50 of 63). If you value a wider range of indicators and saved chart work, Trade Nation’s app may fit better. If you’re satisfied with core tools and alerts on iPhone or Android, Libertex’s app remains a solid pick.
| Feature |
Trade Nation
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 99 | 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.
Comparing market research at Trade Nation vs. Libertex (Forex Club): Trade Nation earns 3.5/5 stars and ranks 43rd out of 63 brokers for research, while Libertex scores 3/5 stars and ranks 62nd. Trade Nation publishes daily market commentary; Libertex does not. Both brokers stream forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. For calendar-driven traders, Libertex provides an economic calendar, whereas Trade Nation does not.
When it comes to tools, neither broker offers Autochartist or Trading Central. Trade Nation includes a sentiment tool that shows the ratio of long vs. short positions; Libertex does not list a comparable feature. Trade Nation does not provide TipRanks. It also offers research from Acuity Trading (such as Signal Centre). For Libertex, no information was provided regarding TipRanks or Acuity Trading tools.
| Feature |
Trade Nation
|
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 | |
| Signal Centre (Acuity Trading) | Yes | |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing forex and CFD education, both Trade Nation and Libertex (Forex Club) provide a base library of at least 10 educational pieces. However, neither broker hosts monthly client webinars or maintains a searchable archive of past sessions. Where they differ is in beginner content: Trade Nation offers at least 10 beginner-focused trading videos, while Libertex does not. Both brokers do supply at least 10 advanced videos, which can help once you move beyond the basics.
Trade Nation also includes an investor dictionary with 50+ trading terms, a handy tool for new traders; Libertex lacks this feature. Reflecting these differences, Trade Nation earns 3.5 out of 5 stars for Education and ranks #41 of 63 brokers on ForexBrokers.com, while Libertex receives 3 stars and ranks #58. If you’re just starting out and want guided video lessons plus a glossary, Trade Nation has the edge; if you’re focused on advanced topics later on, both can serve that need.
| Feature |
Trade Nation
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | 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 Trade Nation is better than Libertex (Forex Club). Trade Nation finished with an overall rank of #34, while Libertex (Forex Club) finished with an overall rank of #61.
Trade Nation’s well-designed, easy-to-use trading app is an innovative trading platform that’s great for beginner forex and CFD traders. However, if you’re a seasoned trader, you may find that Trade Nation lacks advanced features compared to the best trading platforms.
| Feature |
Trade Nation
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Libertex (Forex Club)
|
|---|---|---|
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| Trust Score | 85 | 73 |
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Both Trade Nation and Libertex (Forex Club) do not offer the ability to buy actual delivered cryptocurrency, but they do provide options to trade cryptocurrency derivatives.
When comparing the online brokers Trade Nation and Libertex (Forex Club), Trade Nation allows deposits and withdrawals via Skrill, Visa or Mastercard, and bank wires, but lacks support for ACH, SEPA, and PayPal, whereas Libertex (Forex Club) provides options for ACH, SEPA, PayPal, Skrill, and bank wires but does not accept Visa or Mastercard.
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 | Trade Nation | Libertex (Forex Club) | |
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| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Trade Nation | Libertex (Forex Club) | |
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| Regulation | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 85 | 73 | |
| Year Founded | 2014 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 300 | |
| Forex Pairs (Total) | 46 | 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 | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $0 | $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 | Trade Nation | 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) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 14 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 15 | |
| Charting - Drawing Tools (Total) | 39 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 99 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | No | Yes |
| Research | Trade Nation | 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 | ||
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Trade Nation | 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 | Trade Nation Review |
| Overall | Trade Nation | Libertex (Forex Club) | |
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| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
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