Libertex vs XTB 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 XTB
| Broker | Libertex | XTB |
|---|---|---|
| Rating | 4.4/5 | 3.7/5 |
| Foundation Year | 1996 | 2001 |
| Regulated in Countries | Saint Vincent and the Grenadines, Belarus, Cyprus | Belize, Poland, United Kingdom, Spain, United Arab Emirates, Germany |
| Minimum Deposit |
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| Spread | from 0 points | from 0.5 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Libertex Review | XTB Review |
Broker Libertex suits beginners and experienced traders who value educational resources and various instruments.
XTB suits experienced traders looking for a reliable broker with a wide selection of instruments and high-quality analytics.
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:
XTB Review
XTB is a highly regulated broker with licenses from leading bodies such as the FCA, reinforcing its reliability and transparency. This broker offers a wide range of trading products, including currencies, indices, commodities, stocks, and cryptocurrencies, making it a flexible choice for traders of different levels and interests. Various deposit options and advanced analytical support further enhance its appeal against competitors.
XTB suits traders who value regulation and security, those looking for various trading tools, and those who want access to extensive analytical resources. The broker will especially suit active traders who maximize low spreads and product diversity.
Pros and Cons of XTB
Pros
- Regulated by several leading financial authorities.
- Variety of methods to deposit funds.
- Wide range of trading assets.
- Extensive analytical tools and resources.
Cons
- Withdrawal and account inactivity fees.
- Withdrawal methods are limited.
- Limited number of trading account types.
- Lack of educational materials.
Reliability
| Broker | Libertex | XTB |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 1996 | 2001 |
| Regulated in Countries | Saint Vincent and the Grenadines, Belarus, Cyprus | Belize, Poland, United Kingdom, Spain, United Arab Emirates, Germany |
| Regulators | SVGFSA SVGFSA НБ РБ НБ РБ CySEC CySEC | BFSC BFSC KNF KNF AMF AMF ACPR ACPR FCA FCA CNMV CNMV DFSA DFSA BaFin BaFin |
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.
XTB
XTB is quite reliable, considering regulation in several authoritative jurisdictions.
Account Opening
| Broker | Libertex | XTB |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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Libertex
The account opening process at Forex Club is simple and fast.
XTB
The account opening process at XTB is simple and clear, but takes some time.
Pros
- Easy registration and data verification.
- Flexibility regarding the minimum deposit.
- Adherence to KYC and AML standards.
Cons
- Verification can take time.
- Need to provide a large volume of personal data.
Account Types
| Broker | Libertex | XTB |
|---|---|---|
| Account Types | 4/5 | 2/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.5 points |
| Max Leverage | 1:1000 | 1:500 |
| 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.
XTB
XTB offers basic accounts, but does not provide full variability, which may not satisfy all traders' needs.
Pros
- Swap-free account for Muslim traders.
- No restrictions on demo accounts
Cons
- Lack of cent accounts and fixed spread accounts.
- No market execution of orders.
- No investment accounts (PAMM, copy trading).
Commissions
| Broker | Libertex | XTB |
|---|---|---|
| Commissions | 3.5/5 | 2.5/5 |
| Spread | from 0 points | from 0.5 points |
| Average Spread (EURUSD) | 0.4 | 1.4 |
| Commission per Lot | $3 |
Libertex
Forex Club Libertex's commissions are at an average level.
Pros
- Tight spreads.
- Average commission per trade.
Cons
- High swap rates.
- Inactivity fee.
XTB
XTB offers an average level of commissions.
Pros
- Cashback system helps to offset some of the commissions.
Cons
- High commission for withdrawals less than $50.
- Fee for account inactivity.
Deposit and Withdrawal
| Broker | Libertex | XTB |
|---|---|---|
| Rating | 4.2/5 | 4/5 |
| 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.
XTB
XTB provides convenient methods for depositing funds without a commission, but has limited withdrawal options.
Pros
- Wide selection of deposit methods.
- No commission for depositing funds.
- No commission for withdrawals over $50.
Cons
- The only available withdrawal method is bank transfer.
- Commission of $30 for withdrawals less than $50.
Markets and Products
| Broker | Libertex | XTB |
|---|---|---|
| Markets and Products | 4.4/5 | 5/5 |
| Forex | 51 | 57 |
| Precious Metals | 5 | 9 |
| Energy Carriers | 6 | 5 |
| Soft Commodities | 6 | 10 |
| Indices | 36 | 35 |
| Stocks | 139 | 1997 |
| ETF | 10 | 177 |
| Bonds | 3 | 3 |
| Cryptocurrency | 79 | 41 |
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.
XTB
XTB offers an extensive range of markets and products for trading, including currency pairs, indices, commodities, stocks, ETFs, and cryptocurrencies.
Trading Platforms
| Broker | Libertex | XTB |
|---|---|---|
| Rating | 4.5/5 | 3.5/5 |
| Trading Platforms |
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Libertex
Forex Club Libertex offers a choice between popular MT4/MT5 and their own platform.
XTB
XTB offers its functional and user-friendly trading platform xStation 5, well-suited for market analysis.
Pros
- A multitude of analytical tools.
- Customizable terminal interface.
- Android mobile app available.
Cons
- Lack of choice between different trading platforms.
- No platform version for iOS devices.
- No desktop version of the platform.
Analytics
| Broker | Libertex | XTB |
|---|---|---|
| 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.
XTB
XTB offers superior analytics with a rich set of tools available to all users, making them one of the leaders in this area.
Pros
- In-depth analytics, including forecasts from experts and news.
- A wide range of analysis tools, including an economic calendar and trading schedules.
- Analytics available to all users, not only company clients.
Education
| Broker | Libertex | XTB |
|---|---|---|
| Rating | 5/5 | 2/5 |
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.
XTB
XTB's educational materials are very limited.
Pros
- Basic trading information is provided.
Cons
- Lack of webinars and detailed video tutorials.
- Not suitable for beginners seeking comprehensive education.
Customer Support
| Broker | Libertex | XTB |
|---|---|---|
| Rating | 5/5 | 4/5 |
| 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.
XTB
XTB's technical support is generally good, available 24/5, but the absence of a constantly operating online chat is a drawback.
Pros
- Operates 24/5.
- Contact options include phone and email.
- Responses to inquiries are received within a reasonable timeframe.
Cons
- Online chat not always available.
- Only international phone number available for contact.
- Lack of messaging channels for communication.
