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 account | 0.6 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
Trade Nation vs. Libertex (Forex Club): Both brokers offer forex trading as CFDs or spot contracts. Trade Nation lists about 1,000 tradeable symbols, compared with roughly 300 at Libertex. For currency pairs, Libertex offers 51 while Trade Nation provides 46. Neither broker offers exchange-traded shares on U.S. or international exchanges. Both support copy trading and allow trading cryptocurrency via CFDs, but neither lets you buy actual crypto.
Both score 3.5 out of 5 stars for Range of Investments. In ForexBrokers.com’s rankings, Trade Nation is 39th out of 63 brokers, while Libertex (Forex Club) is 54th. If you want a wider selection of markets overall, Trade Nation has the edge; if your focus is forex pairs, Libertex holds a slight advantage.
| 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. 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.
Trade Nation and Libertex (Forex Club) both make it easy to get started with a free demo account and offer their own in-house platforms alongside a Windows desktop download and a web-based platform. Each supports MetaTrader 4 (MT4) and copy trading, while neither offers MetaTrader 5 (MT5). These overlaps mean both brokers cover the core tools many forex and CFD traders expect, whether you prefer browser-based trading, a desktop setup, or the familiar MT4 environment.
One key difference: Libertex lets you place trades directly from charts, while Trade Nation does not. Both brokers earn 4 out of 5 stars for Trading Platforms and Tools, though ForexBrokers.com ranks Trade Nation slightly higher (#45 of 63) than Libertex (#51 of 63). Specific counts for built-in technical indicators and watch list columns aren’t provided here, so check each broker’s platform details if those features matter to you.
| Feature |
Trade Nation
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| 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) | 115 | 15 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trade Nation and Libertex (Forex Club) both cover the essentials for trading on the go. Each broker offers an iPhone app and an Android app, supports price alerts for stocks and forex, and syncs watchlists between the mobile app and your online account so changes carry over automatically.
For charting, Trade Nation pulls ahead with 99 technical studies compared with 30 at Libertex. Both apps let you draw trendlines, but only Trade Nation auto-saves your drawings. Despite these differences, both earn 4 stars for Mobile Trading Apps. In ForexBrokers.com’s rankings out of 63 brokers, Trade Nation sits at #46, while Libertex (Forex Club) is close behind at #50—making Trade Nation the better pick if you value deeper chart tools, and Libertex a fit if you prefer something simpler.
| Feature |
Trade Nation
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 99 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
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 (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Acuity Trading | Yes | |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
Trade Nation is the stronger pick for beginners seeking forex and CFD education. It offers at least 10 beginner-focused video lessons, giving newcomers a clear path to learn trading basics step by step. Libertex (Forex Club) does not meet that beginner video threshold, and while it does provide 10+ advanced videos, its learning path leans more toward experienced traders. Neither broker hosts monthly educational webinars, so live, ongoing classes aren’t part of the experience with either option.
Independent ratings back up this picture: Trade Nation scores 3.5 out of 5 stars for Education and ranks #41 out of 63 brokers, while Libertex earns 3 stars and ranks #58. If you’re just starting out and want more beginner-friendly videos in one place, Trade Nation is likely the better fit. If you already understand the basics and want advanced topics, Libertex can still be useful, but it’s less geared to first-time traders.
| Feature |
Trade Nation
|
Libertex (Forex Club)
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | Yes |
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
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 85 | 73 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Trade Nation vs Libertex (Forex Club): neither broker lets you buy actual, delivered cryptocurrencies, but both offer trading in cryptocurrency CFDs.
Comparing online brokers Trade Nation vs Libertex (Forex Club) for funding methods: Libertex supports ACH/SEPA transfers for deposits and withdrawals, while Trade Nation does not; details for PayPal, Skrill, Visa/Mastercard, and bank wire 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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| 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, FSRA, or SCA 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. 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 | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | No | Yes |
| Trading Platforms | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| 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 | No |
| Trading Tools | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 115 | 15 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 99 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | No | Yes |
| Education | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Trade Nation Review |
| Overall | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill