Gerchik & Co vs Libertex Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Gerchik & Co or Libertex?
Our pick: Libertex
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Libertex looks preferable to Gerchik & Co.
Libertex scored 4.7/5 and ranks 4 in our all Forex brokers list, whereas Gerchik & Co has 3.9/5 and ranks 50.
This is not financial advice. See the full comparison below.
Who is Gerchik & Co suitable for?
Gerchik & Co is suitable for beginner traders, thanks to qualified support and good educational courses
Who is Libertex suitable for?
Broker Libertex suits beginners and experienced traders who value educational resources and various instruments.
Comparison Table of Gerchik & Co and Libertex
| Broker | Gerchik & Co | Libertex |
|---|---|---|
| Rating | 3.9/5 | 4.7/5 |
| Foundation Year | 2015 | 1996 |
| Regulated in Countries | Vanuatu | Saint Vincent and the Grenadines, Belarus, Cyprus, Mauritius |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:100 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Gerchik & Co Review | Libertex Review |
Gerchik & Co Review
Gerchik & Co. serves as a commendable platform for traders of all levels. The wide array of trading instruments and platforms makes this broker attractive to novices and seasoned traders.
The educational materials provided by the broker can be particularly beneficial for beginners and those looking to deepen their knowledge. In addition, the broker offers a variety of technical support communication options, which can be valuable for traders requiring immediate assistance.
This broker is suitable for novice and experienced traders due to its comprehensive approach and attention to detail regarding trading and education.
Pros and Cons of Gerchik & Co
Pros
- Transparent information about the broker's owners.
- A large number of trading accounts.
- Decent services that can help improve Forex trading.
- Educational courses, webinars, analytics.
- Opportunity for passive income on TIMA accounts.
- Contests on demo accounts and broker promotions.
Cons
- High commission for transactions on certain types of accounts.
- The website and personal account area may seem inconvenient (according to reviews).
- High deposit requirements for training or using services.
Gerchik & Co 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 | Gerchik & Co | Libertex |
|---|---|---|
| Reliability | 3.4/5 | 5/5 |
| Foundation Year | 2015 | 1996 |
| Regulated in Countries | Vanuatu | Saint Vincent and the Grenadines, Belarus, Cyprus, Mauritius |
| Regulators | VFSC VFSC | SVGFSA SVGFSA НБ РБ НБ РБ CySEC CySEC FSC FSC |
Gerchik & Co
The professional approach, risk management systems, trading education, and the protection of traders' interests by the international Financial Commission, lend Gerchik & Co a sufficient degree of reliability and regulation.
Pros
- Member of the FinaCom
- Quality of service confirmed by Verify My Trade
Cons
- Only a license from an offshore regulator
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 | Gerchik & Co | Libertex |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Gerchik & Co
Gerchik & Co offers its clients a simple and quick account opening process. All that's required is to fill out the registration form on the website, choose the type of account, and enter personal details.
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 | Gerchik & Co | Libertex |
|---|---|---|
| Account Types | 4/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:100 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Gerchik & Co
Gerchik & Co provides an acceptable choice of trading accounts, making it attractive for traders with different levels of experience and investment goals.
Pros
- STP accounts
- Contests on demo accounts
- Availability of TIMA accounts
Cons
- No cent accounts
- No accounts with fixed spreads
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 | Gerchik & Co | Libertex |
|---|---|---|
| Commissions | 2/5 | 4/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 0.4 | |
| Commission per Lot | $5 | $3 |
Gerchik & Co
Although Gerchik & Co offers competitive spreads and there are no commissions for withdrawing funds and no inactivity fees, the transaction commission may be significant for traders, especially those who conduct many transactions.
Pros
- No commission for fund withdrawal
- No inactivity fee
Cons
- High trading 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 | Gerchik & Co | Libertex |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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Gerchik & Co
Gerchik & Co provides a wide range of deposit and withdrawal methods, allowing users to choose the most convenient option. Both traditional payment systems and cryptocurrency wallets are available.
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 | Gerchik & Co | Libertex |
|---|---|---|
| Markets and Products | 4.4/5 | 4.4/5 |
| Forex | 66 | 51 |
| Precious Metals | 7 | 5 |
| Energy Carriers | 3 | 6 |
| Indices | 14 | 36 |
| Stocks | 296 | 139 |
| ETF | 21 | 10 |
| Cryptocurrency | 11 | 79 |
| Soft Commodities | - | 6 |
| Bonds | - | 3 |
Gerchik & Co
Gerchik & Co offers a decent selection of trading instruments and markets with 66 currency pairs and over 300 CFDs on various assets. However, some brokers offer a broader range of products, including more cryptocurrency pairs and commodities.
Pros
- Good choice of currency pairs
- Stocks from the US, Europe, and the UK are available
Cons
- No exchange-traded 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 | Gerchik & Co | Libertex |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Trading Platforms |
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Gerchik & Co
MetaTrader 4 and MetaTrader 5 are reliable and functional platforms, but having Gerchik & Co's own innovative platform or mobile application could enhance this rating.
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 | Gerchik & Co | Libertex |
|---|---|---|
| Rating | 5/5 | 5/5 |
Gerchik & Co
The analytical capabilities provided by Gerchik & Co appear to be very strong and multifunctional.
Libertex
Libertex offers a variety of analytical tools.
Pros
- Daily news and forecasts
- Model portfolios and investment ideas
Education
| Broker | Gerchik & Co | Libertex |
|---|---|---|
| Rating | 5/5 | 5/5 |
Gerchik & Co
The broker offers various educational materials, including courses, video lessons, a book, and even an educational mobile app.
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 | Gerchik & Co | Libertex |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Skype
YouTube
Telegram
Facebook
Instagram
Twitter
TikTokGerchik & Co
The broker provides numerous channels for contacting support, including telephone, email, Skype, Telegram-bot, online chat on the website, and the ability to create a ticket in the personal account.
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
Comparisons of Gerchik & Co and Libertex with other brokers
Conclusion
Libertex stands out as the better overall pick, while Gerchik & Co trails on aggregate criteria.
Libertex scored 4.7/5 and ranks 4 in our rating; Gerchik & Co has 3.9/5 and ranks 50.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Gerchik & Co or Libertex?
Libertex comes out ahead by overall rank (score 4.7/5, position 4) versus Gerchik & Co (score 3.9/5, position 50).
Which broker is better for beginners: Gerchik & Co or Libertex?
Libertex is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — Gerchik & Co or Libertex?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Gerchik & Co and Libertex?
Gerchik & Co: MetaTrader 5, MetaTrader 4. Libertex: Libertex, MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with Gerchik & Co and Libertex?
Gerchik & Co: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Libertex: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Gerchik & Co and Libertex?
Gerchik & Co: Zero, Mini, Simple, Silver, Gold, Platinum. Libertex: Libertex, MT4 Market, MT5 Market, MT4 Instant, MT5 Instant, Libertex Portfolio. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Gerchik & Co and Libertex?
Gerchik & Co: Volet, Perfect Money, Swift, SEPA, Visa, Mastercard. Libertex: Skrill, Neteller, Jeton, WebMoney, VLoad, Bank Transfer, Visa, Mastercard, Maestro. Check method-specific fees/settlement times.
Which broker is safer — Gerchik & Co or Libertex — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
