FXOpen vs Libertex 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 FXOpen and Libertex
| Broker | FXOpen | Libertex |
|---|---|---|
| Rating | 4.3/5 | 4.7/5 |
| Foundation Year | 2004 | 1996 |
| Regulated in Countries | United Kingdom, Cyprus, Australia | Saint Vincent and the Grenadines, Belarus, Cyprus, Mauritius |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | FXOpen Review | Libertex Review |
Broker FXOpen is suitable for professional traders and scalping enthusiasts but may not be ideal for beginners due to the lack of training.
Broker Libertex suits beginners and experienced traders who value educational resources and various instruments.
FXOpen Review
FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.
FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.
Pros and Cons of FXOpen
Pros
- Wide range of trading assets.
- Low spreads and commissions.
- Support for various trading platforms.
Cons
- Lack of educational materials.
FXOpen is in the top 10 of the following ratings:
Libertex Review
Libertex is an established broker with a broad range of instruments and a solid educational base. The Libertex and MT4/MT5 platforms support both self-directed trading and ready-made solutions: copy trading (Libertex Social), model portfolios, and curated investment ideas.
Traders get multiple account types for different styles, competitive costs with zero deposit fees, and convenient funding/withdrawal options. Regular research, an economic calendar, and trading signals help with planning and risk management. A limitation is the absence of fixed-spread and Islamic accounts, which may matter to some investors.
Pros and Cons of Libertex
Pros
- Tight spreads and attractive trading conditions.
- Wide selection of trading assets.
- A rich set of educational resources and market analysis.
- Strong platform lineup: proprietary Libertex and professional MT4/MT5.
- Copy trading and investing in stocks and ETFs are available.
- Instant, fee-free deposits and a wide choice of funding and withdrawal methods.
Cons
- An inactivity fee applies.
- No fixed-spread accounts and no Islamic accounts.
Libertex is in the top 10 of the following ratings:
Reliability
| Broker | FXOpen | Libertex |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2004 | 1996 |
| Regulated in Countries | United Kingdom, Cyprus, Australia | Saint Vincent and the Grenadines, Belarus, Cyprus, Mauritius |
| Regulators | - FCA FCA CySEC CySEC ASIC ASIC | SVGFSA SVGFSA НБ РБ НБ РБ CySEC CySEC FSC FSC |
FXOpen
FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.
Libertex
Libertex demonstrates a high level of reliability, backed by transparent regulation.
Pros
- Regulation in Europe
- Membership in the Financial Commission
- The broker has been operating since 1997
Account Opening
| Broker | FXOpen | Libertex |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
FXOpen
FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.
Libertex
Opening an account with Libertex is simple and fast: a few registration steps and you can start with small amounts.
Pros
- Fast, straightforward sign-up
- No minimum deposit (funding from $10)
Account Types
| Broker | FXOpen | Libertex |
|---|---|---|
| Account Types | 5/5 | 4.5/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
FXOpen
FxOpen offers a wide selection of trading accounts and additional services.
Libertex
Libertex offers a flexible range of accounts—from MT4/MT5 to the investment Portfolio and copy trading—covering most traders’ needs.
Pros
- Wide choice of trading accounts
- Libertex Portfolio account for buying stocks and ETFs
- Copy trading (Libertex Social)
Cons
- No fixed-spread accounts or Islamic accounts
Commissions
| Broker | FXOpen | Libertex |
|---|---|---|
| Commissions | 3/5 | 4/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | 0.4 |
| Commission per Lot | $3.5 | $3 |
FXOpen
FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.
Libertex
Libertex fees appear competitive: for active trading costs are below average, for swing and long-term trading closer to market levels; overall the terms are comparable with strong brokers.
Pros
- Transparent fee structure
- Competitive spreads
- Suited for active trading
Cons
- Inactivity fee applies
Deposit and Withdrawal
| Broker | FXOpen | Libertex |
|---|---|---|
| Rating | 4.2/5 | 5/5 |
| Account Funding Methods |
|
|
FXOpen
FxOpen offers a variety of deposit and withdrawal methods.
Pros
- A large selection of payment systems and cryptocurrencies.
- Fast processing of withdrawal requests.
Cons
- No bank transfer option.
- High commissions for credit cards from the provider.
Libertex
Libertex offers a wide range of payment methods, instant deposits, and fast withdrawals to e-wallets. Most fees come from payment providers.
Pros
- Multiple available methods for deposit and withdrawal
- 0% commission on deposits
- Instant account funding
Cons
- 2% fee when withdrawing funds without trading volume
Markets and Products
| Broker | FXOpen | Libertex |
|---|---|---|
| Markets and Products | 4.6/5 | 4.4/5 |
| Forex | 66 | 51 |
| Precious Metals | 3 | 5 |
| Energy Carriers | 3 | 6 |
| Indices | 12 | 36 |
| Stocks | 553 | 139 |
| ETF | 56 | 10 |
| Cryptocurrency | 41 | 79 |
| Soft Commodities | - | 6 |
| Bonds | - | 3 |
FXOpen
FxOpen offers a good selection of assets but without soft commodities.
Libertex
Libertex 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
Trading Platforms
| Broker | FXOpen | Libertex |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
|
|
FXOpen
FXOpen offers a wide range of trading platforms, catering to different types of traders.
Libertex
Libertex offers strong platforms: the user-friendly proprietary Libertex and professional MT4/MT5. The lineup covers various scenarios, though active traders often prefer MT4/MT5 for flexibility.
Pros
- Choice: Libertex + MT4/MT5
- Rich tools/indicators
- Ecosystem and automated trading in MT4/MT5
Analytics
| Broker | FXOpen | Libertex |
|---|---|---|
| Rating | 4/5 | 5/5 |
FXOpen
FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.
Libertex
Libertex offers a variety of analytical tools.
Pros
- Daily news and forecasts
- Model portfolios and investment ideas
Education
| Broker | FXOpen | Libertex |
|---|---|---|
| Rating | 2/5 | 5/5 |
FXOpen
FXOpen invests little in trader education, offering only basic articles and a glossary of terms.
Libertex
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
Customer Support
| Broker | FXOpen | Libertex |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
YouTube
Facebook
Twitter
Telegram
LinkedIn
Whatsapp
Instagram
TikTokFXOpen
FXOpen offers reliable support, and a variety of communication channels adds flexibility.
Libertex
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
