Written by ForexBrokers.com
In this head to head comparison of XTB 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.
XTB, founded in 2002, and Libertex (Forex Club), established in 1997, are both reputable online brokers in the financial market. XTB stands out with a high Trust Score rating of 96 out of 99, making it highly trusted based on ForexBrokers.com criteria. This Polish broker is publicly traded, which often indicates a level of transparency and accountability. In terms of regulatory licenses, XTB holds two Tier-1 licenses, considered highly trusted, and two Tier-2 licenses, denoting a trusted status. Although not a bank, its strong regulatory standing and market presence reflect a commendable trustworthiness.
In comparison, Libertex (Forex Club), with a Trust Score of 73 out of 99, is considered to pose an average risk. Unlike XTB, Libertex is not publicly traded, possibly affecting its transparency perception. The broker holds just one Tier-1 license and does not have any Tier-2 licenses, which may contribute to its lower trust rating. Despite these differences, Libertex remains a recognized entity in the forex trading world due to its long-standing establishment since 1997. Both brokers provide a non-banking alternative for trading activities, catering to the diverse needs of online investors.
| Feature |
XTB
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2002 | 1997 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 2 | 0 |
XTB stands out with its two-tier account system which includes a spread-only Standard account and a commission-based Professional account, although the latter is generally exclusive to select clients in the U.K. and Europe. Their pricing aligns with the industry average, but doesn't lead the field. In Q4 2023, XTB's average forex spreads on the EUR/USD were 1 pip, which is competitive within the current market. The Standard account, with a minimum deposit of £250, €250, or $250, is often recommended for retail forex traders, as the Professional account is being phased out across many regions.
For active traders, XTB offers enticing volume-based rebates through the Lower Spread Group program. These rebates range from 5% to a generous 30%, depending on monthly trade volume from 20 to 1000 lots, allowing it to stay competitive alongside names like FXCM and FOREX.com. XTB receives a commendable 4.5-star rating for its commissions and fees and ranks #11 out of 63 brokers according to ForexBrokers.com, making it a strong contender for those prioritizing fee efficiency in their trading decisions.
On the other hand, Libertex (Forex Club) does not provide clear data on average spreads, which might make it less appealing for traders seeking transparency in costs. Rated only 3 stars for commissions and fees, and holding a lowly #62 ranking among 63 brokers by ForexBrokers.com, Libertex may lag behind XTB in terms of both clarity and cost-effectiveness. Traders focused on competitive fees might find XTB to be the more advantageous choice.
| Feature |
XTB
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 1.00 | N/A |
| All-in Cost EUR/USD - Active | 1.00 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | 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 XTB and Libertex, two prominent online brokers, in terms of the range of investments they offer, there are key differences to consider. XTB provides an impressive array of 7,184 tradeable symbols, including 71 forex pairs, and allows clients to engage in forex trading through CFDs or spot contracts. Additionally, XTB supports the trading of exchange-traded securities on both U.S. and international exchanges, offering ownership opportunities in companies like Apple and Vodafone, respectively. However, XTB does not provide copy trading or the ability to purchase actual cryptocurrencies, although it does offer cryptocurrency derivatives.
In contrast, Libertex (Forex Club) offers a more limited selection, with 300 tradeable symbols and 51 forex pairs available as CFDs or spot contracts. Unlike XTB, Libertex does not offer trading in exchange-traded securities on U.S. or international exchanges, and while it lacks the option to purchase actual cryptocurrencies, it does offer cryptocurrency derivatives similar to XTB. Notably, Libertex supports copy trading, a feature absent in XTB. Overall, according to ForexBrokers.com, XTB earns a higher ranking, rated 5 stars and placed 14th among 63 brokers for their range of investments, compared to Libertex's 3.5-star rating and 53rd position.
| Feature |
XTB
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 300 |
| Forex Pairs (Total) | 71 | 51 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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 XTB to Libertex (Forex Club) in terms of their trading platforms and tools, both brokers provide a strong foundation for traders with essential features such as web-based and Windows desktop platforms, as well as free virtual demo accounts for practice trading. Each broker also boasts a proprietary platform developed in-house. However, Libertex distinguishes itself offering MetaTrader 4 (MT4) and copy trading capabilities, appealing to traders looking for varied strategies and platforms. Meanwhile, XTB does not provide MT4, MT5, or copy trading options, focusing instead on its proprietary offerings.
Charting tools are slightly more comprehensive with XTB, offering 32 drawing tools compared to Libertex's 30. Both brokers support direct trading from stock charts and have streamlined watch lists, though XTB provides a bit more customization with eight columns versus Libertex's seven. Overall, XTB scores higher with 4.5 stars out of five for trading platforms and tools and ranks 9th among 63 brokers, showcasing its competitive edge. Libertex, while still a solid choice with a four-star rating, ranks 50th, making XTB the preferred option for those prioritizing trading platform features.
| Feature |
XTB
|
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 | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 39 | 15 |
| Charting - Drawing Tools (Total) | 32 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
For traders choosing between XTB and Libertex (Forex Club), both brokers offer mobile apps on iPhone and Android, making trading on-the-go accessible. Each app also provides stock and forex price alerts, a feature vital for staying updated with market movements. However, when it comes to syncing watchlist symbols between mobile and desktop, Libertex stands out with seamless syncing, while XTB lacks this functionality. XTB compensates by offering more technical studies, with 39 compared to Libertex's 30, enhancing their charting experience. Both apps support drawing trendlines and viewing various timeframes, but only XTB allows for auto-saving of chart drawings.
Creating a watchlist with real-time quotes is possible with both mobile apps, catering to users who prioritize quick data access. When it comes to app ratings, XTB edges ahead with a 4.5-star ranking compared to Libertex's 4 stars, according to ForexBrokers.com. This is further reflected in their rankings among 63 brokers, with XTB securing the #8 spot, while Libertex places at #49. These differences might guide traders towards XTB if they prioritize higher rankings and more extensive charting tools, while those who value synchronized watchlists might consider Libertex.
| Feature |
XTB
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 39 | 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.
When comparing XTB and Libertex (Forex Club) for market research capabilities, several differences come to light. XTB excels with daily market commentary and offers a sentiment tool showcasing long and short positions, enhancing traders' decision-making capabilities. Both brokers provide forex news from reputable sources like Bloomberg and Reuters, along with offering economic calendars that highlight key global events. However, neither broker integrates research tools from companies such as Autochartist or Trading Central.
Despite the similarities in some research offerings, XTB's overall research rating stands stronger at five stars compared to Libertex's three stars. This discrepancy reflects their respective rankings by ForexBrokers.com, with XTB positioned at an impressive seventh out of 63 brokers, while Libertex trails significantly at the sixty-first spot. This highlights XTB's relative strength in providing market insights and tools valued by traders.
| Feature |
XTB
|
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) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, XTB distinguishes itself with a wide array of offerings compared to Libertex (Forex Club). Both platforms provide a selection of more than 10 educational pieces focused on forex and CFDs. However, XTB enhances the learning experience by offering monthly online educational webinars, which are not available with Libertex. Moreover, XTB provides access to a searchable archive of past webinars, a feature that Libertex does not offer. For beginners, XTB further supports learning with over 10 specifically tailored educational videos, whereas Libertex falls short in this area.
Both brokers supply advanced educational videos for more experienced traders, but XTB clearly excels in providing beginner-focused content. Neither platform includes an investor dictionary with definitions of at least 50 investing terms. However, these differences in resources heavily influence their ratings, with XTB receiving a 5-star score for education and ranking 11th among 63 brokers by ForexBrokers.com. In contrast, Libertex earns 3 stars and ranks 57th, indicating a significant gap in their educational offerings for beginners.
| Feature |
XTB
|
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 XTB is better than Libertex (Forex Club). XTB finished with an overall rank of #7, while Libertex (Forex Club) finished with an overall rank of #61.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
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Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 73 |
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Both XTB and Libertex (Forex Club) do not offer the ability to buy actual delivered cryptocurrency, but they both provide options for purchasing cryptocurrency derivatives.
In a comparison of online brokers, XTB supports PayPal, Skrill, Visa, Mastercard, and bank wires for depositing or withdrawing funds but lacks ACH or SEPA transfer options, while Libertex (Forex Club) offers ACH or SEPA transfers, 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 | XTB | Libertex (Forex Club) | |
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| Trust Score | 96 | 73 | |
| Winner | check_circle | ||
| Review | XTB Review |
| Broker Screenshots | XTB | Libertex (Forex Club) | |
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| Regulation | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 96 | 73 | |
| Year Founded | 2002 | 1997 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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). | Yes | Yes |
| Tier-2 Licenses (Trusted) | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 300 | |
| Forex Pairs (Total) | 71 | 51 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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 | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | N/A | |
| All-in Cost EUR/USD - Active | 1.00 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 39 | 15 | |
| Charting - Drawing Tools (Total) | 32 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 39 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | XTB | 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 | Yes | Yes |
| Education | XTB | 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 | XTB | 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 | XTB Review |
| Overall | XTB | Libertex (Forex Club) | |
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| Trust Score | 96 | 73 | |
| Winner | check_circle | ||
| Review | XTB Review |
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