Libertex vs FOREX.com Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Libertex and FOREX.com
| Broker | Libertex | FOREX.com |
|---|---|---|
| Rating | 4.4/5 | 4.1/5 |
| Foundation Year | 1996 | 2000 |
| Regulated in Countries | Saint Vincent and the Grenadines, Belarus, Cyprus | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia |
| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:1000 | 1:50 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Libertex Review | FOREX.com Review |
Broker Libertex suits beginners and experienced traders who value educational resources and various instruments.
FOREX.com is suitable for traders of all levels due to its reliability, wide range of assets, and excellent customer service.
Libertex Review
Libertex is an established broker offering various trading instruments and educational resources. With zero commission on deposits and various analytical tools, this broker can appeal to novice and experienced traders.
Pros and Cons of Libertex
Pros
- Tight spreads and attractive trading conditions.
- Wide selection of trading assets.
- Rich selection of educational materials and analytics.
Cons
- High swaps and inactivity fee.
Libertex is in the top 10 of the following ratings:
FOREX.com Review
FOREX.com is an excellent broker for trading in the Forex and CFD markets. They offer fast execution speeds, a wide selection of currency pairs, and other assets for trading. Their customer service is outstanding, and multiple financial authorities regulate them.
Pros and Cons of FOREX.com
Pros
- Broker with many years of history and a global reputation.
- A variety of deposit methods.
- A wide variety of available markets and products.
- Advanced analytical tools and daily updates from the company's professionals.
- Comprehensive educational materials for all levels of traders.
Cons
- Lack of specialized accounts.
- High transaction fee on DMA Account.
FOREX.com is in the top 10 of the following ratings:
Reliability
| Broker | Libertex | FOREX.com |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 1996 | 2000 |
| Regulated in Countries | Saint Vincent and the Grenadines, Belarus, Cyprus | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia |
| Regulators | SVGFSA SVGFSA НБ РБ НБ РБ CySEC CySEC | CIMA CIMA FCA FCA CIRO CIRO CySEC CySEC NFA NFA CFTC CFTC SFC SFC JFSA JFSA MAS MAS ASIC ASIC |
Libertex
Forex Club Libertex demonstrates a high level of reliability, backed by transparent regulation.
Pros
- Regulation in Europe and Belarus.
- Membership in the Financial Commission.
FOREX.com
The company is strictly regulated, has a long-standing market presence, and is open to investors.
Pros
- Broad global regulation.
- Long-term market presence.
- Parent company traded on NASDAQ.
Account Opening
| Broker | Libertex | FOREX.com |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
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Libertex
The account opening process at Forex Club is simple and fast.
FOREX.com
The account opening process at FOREX.com is quite standard but potentially prolonged due to required verification.
Pros
- Transparent registration process.
- Strict verification for security.
Cons
- Verification may take time.
- A lot of information is required.
Account Types
| Broker | Libertex | FOREX.com |
|---|---|---|
| Account Types | 4/5 | 3.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:1000 | 1:50 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Libertex
Libertex accounts will satisfy the needs of most traders, but not traders with specific requirements.
Pros
- Accounts with market and instant execution available.
- Demo accounts available.
Cons
- No accounts with fixed spreads.
- No Islamic accounts.
FOREX.com
FOREX.com offers standard account types that satisfy most traders, but some essential accounts are missing.
Pros
- Direct Market Access account available.
- Demo account for strategy testing.
- The ability to trade on behalf of a company.
Cons
- No cent accounts.
- No Islamic accounts.
- No options for passive investing.
Commissions
| Broker | Libertex | FOREX.com |
|---|---|---|
| Commissions | 3.5/5 | 2.2/5 |
| Spread | from 0 points | from 0.1 points |
| Average Spread (EURUSD) | 0.4 | 1.3 |
| Commission per Lot | $3 | $6.48 |
Libertex
Forex Club Libertex's commissions are at an average level.
Pros
- Tight spreads.
- Average commission per trade.
Cons
- High swap rates.
- Inactivity fee.
FOREX.com
FOREX.com's commissions are above average. Conditions can be improved for traders with high volumes.
Pros
- Potential reduction in commissions with increased trading volume.
- Rebate program for major American traders.
- No fees for deposits and withdrawals.
Cons
- High transaction commission on DMA accounts.
- Inactivity fee.
- High swaps.
Deposit and Withdrawal
| Broker | Libertex | FOREX.com |
|---|---|---|
| Rating | 4.2/5 | 4.3/5 |
| Account Funding Methods |
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Libertex
The broker offers a variety of deposit methods without commission, but withdrawal can take up to 10 days.
Pros
- Multiple available methods for deposit and withdrawal.
- 0% commission on deposits.
- Instant account funding.
Cons
- Possible withdrawal fee from the payment system.
- Withdrawal of funds can take up to 10 business days.
FOREX.com
FOREX.com provides diverse and convenient methods for depositing and withdrawing funds with low costs and reasonable processing times.
Markets and Products
| Broker | Libertex | FOREX.com |
|---|---|---|
| Markets and Products | 4.4/5 | 4.5/5 |
| Forex | 51 | 91 |
| Precious Metals | 5 | 16 |
| Energy Carriers | 6 | 14 |
| Soft Commodities | 6 | 22 |
| Indices | 36 | 54 |
| Stocks | 139 | 5500 |
| ETF | 10 | 318 |
| Bonds | 3 | 14 |
| Cryptocurrency | 79 | 12 |
Libertex
Forex Club offers a variety of markets and products, although the selection of CFDs is average.
Pros
- Wide range of instruments.
- Cryptocurrencies and ETFs available.
- Access to NYSE and NASDAQ stocks.
Cons
- Some competitors have a much larger selection of CFDs.
FOREX.com
Although its leverage is relatively low, FOREX.com offers an extensive selection of markets and products.
Trading Platforms
| Broker | Libertex | FOREX.com |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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Libertex
Forex Club Libertex offers a choice between popular MT4/MT5 and their own platform.
FOREX.com
FOREX.com provides a wide choice of trading platforms, including MT4, its proprietary platform, NinjaTrader, and TradingView, supporting all formats - online, desktop, and mobile applications.
Analytics
| Broker | Libertex | FOREX.com |
|---|---|---|
| Rating | 5/5 | 5/5 |
Libertex
Forex Club Libertex offers a variety of analytical tools.
Pros
- Daily news and forecasts.
- Model portfolios and investment ideas.
Cons
- A minimum deposit is required to access some services.
FOREX.com
Analytics at FOREX.com is a powerful tool for traders, providing extensive information and in-depth market analysis.
Education
| Broker | Libertex | FOREX.com |
|---|---|---|
| Rating | 5/5 | 5/5 |
Libertex
Forex Club Libertex offers extensive educational resources, providing support for traders of all levels.
Pros
- A wide range of courses for beginners and experienced traders.
- Various learning formats (in-person, online, video).
- Practical orientation of materials.
Cons
- Possible restrictions on access to some materials.
FOREX.com
FOREX.com offers a rich educational program suitable for all levels of traders, enhancing the user experience.
Customer Support
| Broker | Libertex | FOREX.com |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Instagram
VK
Twitter
Telegram
YouTubeLibertex
Libertex technical support provides basic communication channels.
Pros
- Phone access.
- Feedback form on the website.
- There are positive reviews about the support service.
Cons
- Limited working hours.
FOREX.com
FOREX.com provides excellent technical support with fast and professional service, available 24/7.
