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.
XM Group, founded in 2009, and Libertex (Forex Club), established in 1997, are both notable players in the online brokerage industry. Neither company is publicly traded nor operates as a bank, yet they distinguish themselves through their regulatory standing. XM Group holds a strong edge with four Tier-1 licenses, regarded as highly trusted by ForexBrokers.com, alongside one Tier-2 license. This contributes to its impressive Trust Score of 93 out of 99, placing it in the highly trusted category as per ForexBrokers.com ratings.
In comparison, Libertex (Forex Club) has a single Tier-1 license and no Tier-2 licenses, leading to a Trust Score of 73 out of 99. This score categorizes Libertex as an average risk according to ForexBrokers.com benchmarks. Despite being founded more than a decade earlier than XM Group, Libertex's regulatory credentials reflect a more cautious level of trust, underscoring the importance of regulatory licenses in evaluating broker reliability.
| 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 |
Comparing commissions and fees, XM Group edges out Libertex (Forex Club) overall. XM Group earns 4 out of 5 stars and is ranked #34 out of 63 brokers by ForexBrokers.com for the Commissions and Fees category. Libertex (Forex Club) scores 3 out of 5 stars and sits at #63 out of 63, placing it at the bottom of the list.
For XM Group, the Standard account comes with expensive spreads. If you’re considering the commission-based XM Zero account, note that average spread figures aren’t published, which makes it harder to estimate typical trading costs across market conditions.
For Libertex (Forex Club), average spread data is not available. With a lower star rating and the last-place ranking, Libertex trails XM Group on pricing competitiveness and transparency based on the data assessed by ForexBrokers.com.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $5 | $10 |
| Average spread (EUR/USD) - Standard account | 1.6 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing range of investments, XM Group offers a wider selection than Libertex (Forex Club). XM lists 1,394 tradeable symbols and 55 forex pairs, while Libertex offers 300 symbols and 51 forex pairs. Both support forex trading (CFD/spot) and provide copy trading. A key difference is access to real, exchange-traded shares: XM lets clients buy U.S. stocks like Apple and international shares like Vodafone, whereas Libertex does not offer real stock trading.
For crypto, neither broker offers actual (delivered) coins, but both provide cryptocurrency CFDs. Based on ForexBrokers.com’s Range of Investments ratings, XM Group scores 4.5 stars and ranks 25th out of 63 brokers, while Libertex earns 3.5 stars and ranks 54th. In short, XM Group suits investors seeking more markets and real shares, while Libertex covers core markets with a smaller lineup.
| 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. 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 (Forex Club) both make it easy to get started with a free demo account for paper trading. Each broker provides a Windows desktop download and a web-based platform, supports copy trading, and lets you place trades directly from charts. Both offer MetaTrader 4 (MT4). XM Group also includes MetaTrader 5 (MT5), while Libertex does not. In contrast, Libertex offers its own proprietary platform, whereas XM Group relies on third-party platforms.
For trading platforms and tools, both are rated 4 out of 5 stars by ForexBrokers.com. In the category ranking out of 63 brokers, XM Group is #33 and Libertex is #51. Counts for built-in technical indicators and watch list fields are not specified here. If you want MT5, XM Group is the clear pick; if you prefer an in-house platform, consider Libertex. Both remain good choices for demo trading, web and Windows access, copy trading, and chart-based order entry.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XM Group and Libertex (Forex Club) both deliver well-equipped mobile trading apps for iPhone and Android. Each app supports price alerts and keeps your watchlists synced across devices, so changes you make on mobile appear in your online account. For traders who want consistent access and timely notifications, both brokers check the key boxes.
Charting is similar too: each app offers 30 technical studies and lets you draw trendlines, though drawings do not auto-save. Both earned 4 stars for Mobile Trading Apps, but their category rankings differ on ForexBrokers.com—XM Group sits at #31 out of 63 brokers, while Libertex (Forex Club) is #50. If rankings matter to you, XM Group has the edge, but feature-wise the two apps are closely matched.
| Feature |
XM Group
|
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 | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
For market research, XM Group offers more built-in tools than Libertex (Forex Club). XM Group provides daily market commentary (Libertex does not), plus forex news from top-tier sources and an economic calendar (both brokers offer these). XM Group also includes Trading Central for technical and fundamental insights and a sentiment tool showing long/short positioning, while Libertex lacks these features. Neither broker offers Autochartist. XM Group does not offer TipRanks or Acuity Trading; availability for these at Libertex wasn’t specified in the provided data.
Ratings reflect the gap: XM Group earns 5 stars for Research and ranks #8 out of 63 brokers at ForexBrokers.com, while Libertex holds 3 stars and ranks #62. In short, XM Group suits traders who want daily commentary, sentiment data, and Trading Central analysis, whereas Libertex covers the basics with news and an economic calendar but offers fewer integrated research tools.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both XM Group and Libertex (Forex Club) provide forex and CFD education, but XM Group is the stronger choice for beginner traders. XM runs ongoing client webinars at least once a month and offers 10+ beginner-focused videos that explain core trading topics in plain language, alongside a deep library for advanced learning. This focus on entry-level training is reflected in its 5-star Education rating and a #7 ranking out of 63 brokers by ForexBrokers.com.
Libertex also delivers 10+ advanced trading videos, so experienced traders will find solid material. However, it does not host monthly educational webinars and falls short of 10 beginner-focused videos, which can make the learning curve steeper for newcomers. That mix aligns with its 3-star Education rating and a #58 ranking out of 63. If you’re just starting out and want more structured guidance, XM Group is the more beginner-friendly pick.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Webinars | Yes | 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 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 | 93 | 73 |
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XM Group vs Libertex (Forex Club) comparison: both brokers support cryptocurrency CFD trading but do not offer the ability to buy or take delivery of actual cryptocurrencies.
XM Group does not offer ACH or SEPA transfers but supports Skrill and bank wire deposits/withdrawals, while Libertex (Forex Club) supports ACH/SEPA; PayPal, Visa/Mastercard, and additional Libertex funding options were not specified.
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 | 93 | 73 | |
| Winner | check_circle | ||
| Review | XM Group Review |
| Broker Screenshots | XM Group | Libertex (Forex Club) | |
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| Broker Gallery (click to expand) |
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| Regulation | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 93 | 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) | |||
| 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) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| 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. 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 (Forex Club) | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $5 | $10 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | Yes |
| Trading Platforms | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | XM Group | 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 | XM Group Review |
| Overall | XM Group | Libertex (Forex Club) | |
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| Trust Score | 93 | 73 | |
| Winner | check_circle | ||
| Review | XM Group Review |
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