Written by ForexBrokers.com
In this head to head comparison of XM Group 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.
When evaluating online brokers, XM Group and Libertex offer distinct profiles in terms of trust and regulatory oversight. XM Group, established in 2009, holds a strong reputation with a ForexBrokers.com Trust Score of 88, indicating a high level of trust. This score is supported by its four Tier-1 licenses and one Tier-2 license, reflecting a solid regulatory framework. On the other hand, Libertex (Forex Club), founded in 1997, has a Trust Score of 73, categorized as average risk. It maintains a single Tier-1 license without any Tier-2 licenses, suggesting more limited regulatory backing.
While neither XM Group nor Libertex is publicly traded or operates as a bank, their regulatory distinctions are noteworthy for potential clients prioritizing trust and compliance. XM Group’s multiple licenses from top-tier authorities contribute to its higher trust score, positioning it as a more secure choice for traders seeking peace of mind. In contrast, Libertex’s lower trust score and limited licensing indicate an area for potential improvement for those focused on stringent regulatory adherence.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2009 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing the online brokers XM Group and Libertex (Forex Club) in terms of commissions and fees, there are notable differences. XM Group is known for its well-regarded commission structure, earning 4 out of 5 stars in this category. However, those considering XM's Standard account should be aware that the spreads can be quite high. Additionally, the broker does not publish average spread data for its XM Zero account, leaving potential clients without full transparency.
On the other hand, Libertex (Forex Club) has a less favorable rating for commissions and fees, garnering 3 out of 5 stars. An obstacle for prospective clients is the absence of available average spread data, making it challenging to gauge trading costs fully. This lack of transparency could make it less appealing for those who prioritize clear and detailed fee structures when selecting a broker.
In terms of rankings, XM Group is positioned as a more competitive option, coming in at number 33 out of 63 brokers in the Commissions and Fees category on ForexBrokers.com. Libertex (Forex Club) ranks significantly lower, at number 62, highlighting a perceived weaker offer in comparison to its peers.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $5 | $10 |
| Average Spread EUR/USD - Standard | 1.6 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | 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.
When comparing the range of investments between XM Group and Libertex, you'll find noteworthy differences. XM Group provides a vast selection of 1,394 tradeable symbols, including 55 forex pairs, as well as the ability to trade exchange-listed securities from both U.S. and international markets. This allows clients to purchase stocks like Apple and Vodafone directly. On the other hand, Libertex offers 300 tradeable symbols and 51 forex pairs but lacks the option for purchasing exchange-listed securities in the traditional sense, focusing instead on trading via CFDs. Both brokers offer copy trading and the opportunity to trade cryptocurrency derivatives but do not support the purchase of actual cryptocurrency.
In terms of investment variety and accessibility, XM Group is rated 4.5 stars, placing it at #23 out of 63 brokers for its range of investments according to ForexBrokers.com. Meanwhile, Libertex is rated at 3.5 stars and ranks #53 in the same category, indicating a narrower scope in investment opportunities. Whether you prefer a broad range of assets or a more limit-focused approach, these ratings suggest that XM Group may offer more comprehensive options for diverse investment strategies.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 300 |
| Forex Pairs (Total) | 55 | 51 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | 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.
When comparing trading platforms and tools offered by XM Group and Libertex (Forex Club), both brokers cater to diverse trader needs with options like MetaTrader 4 (MT4) and the ability to engage in copy trading. Both provide free virtual demo accounts, a Windows-based desktop platform, and a web-based platform to accommodate different user preferences. However, XM Group goes a step further by offering MetaTrader 5 (MT5), a newer and more advanced version of MetaTrader. While XM Group does not have a proprietary platform, Libertex distinguishes itself by providing one developed in-house, potentially offering a unique trading experience tailored to its users.
In terms of charting capabilities, both brokers allow direct trading from stock charts, yet there is a notable difference in the variety of drawing tools available. Libertex offers 30 drawing tools compared to XM Group's 15, providing traders with more options for technical analysis. Both brokers offer an equal number of fields for watch lists, and each is rated four stars for their trading platforms and tools. However, XM Group ranks higher at 31st place according to ForexBrokers.com, while Libertex ranks 50th out of 63 brokers, suggesting a slightly better satisfaction level among XM Group users in this area.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Drawing Tools (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both XM Group and Libertex (Forex Club) provide comprehensive mobile trading apps available on iPhone and Android devices, catering to traders on the go. Each app supports essential features like stock and forex price alerts, watchlist symbol syncing, and the ability to create watchlists with real-time quotes. While both platforms offer 30 technical studies for charting and the option to draw trendlines across different time frames like daily and weekly, they do not save these drawings automatically. This means traders must reapply their drawings each time they access charts.
While XM Group and Libertex share many similar features, their rankings differ. The apps receive an identical rating of 4 out of 5 stars for mobile trading. However, XM Group holds a slightly higher position, ranked at #29 in ForexBrokers.com's mobile trading apps category, compared to Libertex's #49. This might suggest a marginal edge for XM Group in user satisfaction or app performance, though personal preferences and specific trading needs should ultimately guide the choice between these two capable options.
| Feature |
XM Group
|
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 | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing XM Group to Libertex (Forex Club) for market research, XM Group clearly distinguishes itself with several offerings that enhance the trading experience. While both XM Group and Libertex provide forex news from top-tier sources like Bloomberg and Reuters and maintain economic calendars for global updates, XM Group takes it a notch higher with daily market commentary and additional resources. XM Group equips traders with tools from Trading Central, offering technical analytics and a sentiment-based trading tool to gauge the market dynamics of currency pairs, features that Libertex lacks. Additionally, XM Group's efforts are reflected in its top-tier research rating and its rank as #8 among 63 brokers, while Libertex, with less comprehensive offerings, scores lower in both rating and rank.
Ultimately, XM Group is the preferable choice for traders who value extensive market research and analytical tools. With a 5-star research rating compared to Libertex's 3 stars, XM Group offers a more enhanced experience for traders seeking in-depth market analysis and insights. This commitment to providing valuable resources secures XM Group's position as a leading name in market research among online brokers, while Libertex trails significantly behind.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources offered by XM Group and Libertex (Forex Club) for beginners, XM Group stands out with a more comprehensive educational program. XM Group provides a variety of resources such as articles, videos, and archived webinars focusing on forex and CFDs, along with monthly online webinars for continual learning. Users can access a library of previously recorded webinars for additional study. For beginners, XM Group provides more than ten beginner-focused educational videos, ensuring a strong foundational understanding of trading. Additionally, they host advanced videos for those further along in their trading journey.
On the other hand, while Libertex (Forex Club) offers educational materials on forex and CFDs and advanced trading videos, it falls short by not providing the same breadth of beginner-focused resources. Libertex does not host monthly webinars, nor does it offer a searchable archive of past webinars for clients looking to reinforce their learning. Both brokers do not supply an investor dictionary, but XM Group's educational offerings have earned it a 5-star rating and a higher ranking as the 7th among 63 brokers by ForexBrokers.com. In contrast, Libertex is rated 3 stars and ranked 57th, highlighting XM Group's stronger commitment to beginner education in trading.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | Yes |
| 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 XM Group is better than Libertex (Forex Club). XM Group finished with an overall rank of #17, while Libertex (Forex Club) finished with an overall rank of #61.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 88 | 73 |
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Both XM Group and Libertex (Forex Club) do not provide options for purchasing actual delivered cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
When comparing XM Group and Libertex (Forex Club) for forex and CFD trading, XM Group supports Skrill, Visa, Mastercard, and bank wires for transactions but lacks ACH, SEPA, and PayPal options, whereas Libertex (Forex Club) accepts ACH, SEPA, PayPal, Skrill, and bank wires but does not support 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 | XM Group | Libertex (Forex Club) | |
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| Trust Score | 88 | 73 | |
| Winner | check_circle | ||
| Review | XM Group Review |
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| Regulation | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 88 | 73 | |
| 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 | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | XM Group | 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) | No | No | |
| 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 (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 300 | |
| Forex Pairs (Total) | 55 | 51 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $5 | $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 | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Drawing Tools (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XM Group | 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 | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | XM Group | 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 | XM Group Review |
| Overall | XM Group | Libertex (Forex Club) | |
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| Trust Score | 88 | 73 | |
| Winner | check_circle | ||
| Review | XM Group Review |
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