Written by ForexBrokers.com
In this head to head comparison of XM Group vs Libertex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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XM Group, founded in 2009, and Libertex, founded in 1997, are both private brokers that are not listed on a stock exchange and are not banks. Based on ForexBrokers.com’s Trust Score scale, XM Group’s score of 93 out of 99 places it in the highly trusted range, while Libertex’s score of 79 puts it in the average risk category.
When it comes to regulation, XM Group has 4 Tier-1 licenses and 3 Tier-2 licenses, which gives it a stronger regulatory profile than Libertex. Libertex holds 1 Tier-1 license and 1 Tier-2 license, so while it is regulated, it does not have the same level of oversight as XM Group.
| Feature |
XM Group
|
Libertex
|
|---|---|---|
| Year Founded | 2009 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
XM Group’s commissions and fees are on the expensive side, with standard account spreads considered high and no published average spreads for its commission-based XM Zero account. For this category, XM Group is rated 3.5 out of 5 stars and ranks #35 out of 36 brokers at ForexBrokers.com, which puts it well behind many competitors on price.
Libertex is more competitive on commissions and fees, especially on major forex pairs. Its most recently published EUR/USD spread was 0.3 pips, though that figure reflects a single trading day and should be viewed as a guide rather than a guaranteed average. On forex, Libertex charges a spread-plus-commission model: 5 euros per side on its own platform and 6 euros per side on MT4 and MT5, making the proprietary platform the cheaper choice for active traders. Libertex is rated 4 out of 5 stars and ranks #21 out of 36 brokers for commissions and fees.
Overall, Libertex offers the better value for traders focused on commissions and fees, while XM Group is less appealing if keeping trading costs low is a top priority. Libertex also has a low $10 minimum deposit and relatively forgiving inactivity rules, with a 10 euro monthly fee only after six months of no activity.
| Feature |
XM Group
|
Libertex
|
|---|---|---|
| Minimum Deposit | $5 | $10 |
| Average spread (EUR/USD) - Standard account | 2 | 0.3 |
| All-in Cost EUR/USD - Active | N/A | 1.3 |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
XM Group and Libertex both give traders access to forex as CFDs, copy trading, and cryptocurrency CFDs, but XM Group comes out ahead for choice in several key areas. XM Group lists 1,429 tradeable symbols and 55 forex pairs, while Libertex offers a slightly larger overall selection with 1,573 tradeable symbols but fewer forex pairs at 46. XM Group also stands out for investors who want to buy real shares, since it offers exchange-traded securities on both U.S. and international exchanges. Libertex does not offer direct share dealing on either market.
For range of investments, XM Group is rated 4.5 out of 5 stars and ranks #19 out of 36 brokers, compared with Libertex at 4 stars and #25. In simple terms, Libertex has a broader total list of products, while XM Group offers more forex pairs and the added benefit of real stock investing. Neither broker lets clients buy actual cryptocurrency outright.
| Feature |
XM Group
|
Libertex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1429 | 1573 |
| Forex Pairs (Total) | 55 | 46 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | 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.
XM Group and Libertex both give traders a similar set of platform choices, making them easy to use for beginners and more active traders alike. Each broker offers a free demo account for simulated trading, plus access to MetaTrader 4 and MetaTrader 5, a Windows desktop download platform, and a web-based platform for trading in a browser. Both also support copy trading and let users place trades directly from a stock chart. Neither broker offers a proprietary platform built in-house.
When it comes to trading tools, XM Group and Libertex are closely matched, and both are rated 4 out of 5 stars for Trading Platforms and Tools. In ForexBrokers.com’s ranking out of 36 brokers, XM Group places #28, while Libertex comes in slightly higher at #26. Overall, the difference between them is small, so the better choice may come down to personal preference for layout, platform feel, and the tools you use most.
| Feature |
XM Group
|
Libertex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 43 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XM Group and Libertex both make trading on the go easy with iPhone and Android apps, plus price alerts and watchlist syncing between the mobile app and online account. Each app is rated 4 out of 5 stars for mobile trading, so both offer a solid experience for everyday users. In ForexBrokers.com’s mobile trading apps ranking, XM Group sits slightly ahead at #26 out of 36 brokers, while Libertex is close behind at #27.
The main difference is in chart tools. XM Group offers 30 technical studies and lets users draw trendlines on mobile charts, giving traders more ways to study price moves. Libertex does not offer technical studies in its mobile app and does not support trendline drawing. Neither app auto-saves chart drawings, so that feature is missing on both sides. For traders who want more charting help in a mobile app, XM Group has the edge, while Libertex covers the basics well.
| Feature |
XM Group
|
Libertex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 0 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, XM Group has a slight edge over Libertex. XM Group offers daily market commentary, news from major sources like Bloomberg and Reuters, Trading Central tools, sentiment data, and an economic calendar. Libertex also provides forex news from top-tier sources, Trading Central tools, sentiment data, and an economic calendar, but it does not include daily market commentary. Neither broker offers Autochartist, TipRanks, or Acuity Trading tools.
That difference is reflected in third-party ratings and rankings. XM Group is rated 5 stars for Research and ranks #8 out of 36 brokers at ForexBrokers.com, while Libertex is rated 4 stars and ranks #25. For traders who want a bit more market insight in one place, XM Group stands out, though Libertex still covers many of the same core research features.
| Feature |
XM Group
|
Libertex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to learning support for beginners, XM Group comes out ahead of Libertex. XM Group offers forex and CFD education, monthly live educational webinars, and at least 10 beginner videos as well as 10 advanced videos, making it easier for new traders to start with the basics and keep learning as they grow. It also earns a 5-star Education rating and ranks #5 out of 36 brokers for Education on ForexBrokers.com.
Libertex provides some educational content, but it falls behind XM Group in the areas that matter most for beginners. It does not offer monthly educational webinars, and it does not meet the mark for at least 10 beginner or advanced trading videos. Libertex is rated 4 stars for Education and ranks #33 out of 36 brokers, which suggests a more limited learning experience compared with XM Group.
| Feature |
XM Group
|
Libertex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | 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 XM Group is better than Libertex. XM Group finished with an overall rank of #16, while Libertex finished with an overall rank of #32.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
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Libertex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 79 |
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XM Group and Libertex both do not offer the ability to buy actual, delivered cryptocurrency, but each does provide access to cryptocurrency CFDs for trading price movements without owning the underlying asset.
When comparing XM Group vs Libertex for payment methods, Libertex offers more flexibility with ACH/SEPA transfers and PayPal for deposits and withdrawals, while both brokers support Skrill and bank wire 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 | XM Group | Libertex | |
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| Trust Score | 93 | 79 | |
| Winner | check_circle | ||
| Review | XM Group Review | Libertex Review |
| Broker Screenshots | XM Group | Libertex | |
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| Regulation | XM Group | Libertex | |
|---|---|---|---|
| Trust Score | 93 | 79 | |
| Year Founded | 2009 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | XM Group | Libertex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA 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) | XM Group | Libertex | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | XM Group | Libertex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1429 | 1573 | |
| Forex Pairs (Total) | 55 | 46 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | 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 | XM Group | Libertex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 2 | 0.3 | |
| All-in Cost EUR/USD - Active | N/A | 1.3 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | XM Group | Libertex | |
|---|---|---|---|
| Minimum Deposit | $5 | $10 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | XM Group | Libertex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | XM Group | Libertex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 43 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | XM Group | Libertex | |
|---|---|---|---|
| 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 | 30 | 0 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | XM Group | Libertex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | Libertex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | XM Group | Libertex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | XM Group Review | Libertex Review |
| Overall | XM Group | Libertex | |
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| Trust Score | 93 | 79 | |
| Winner | check_circle | ||
| Review | XM Group Review | Libertex Review |
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