Libertex vs TeleTrade 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 TeleTrade
| Broker | Libertex | TeleTrade |
|---|---|---|
| Rating | 4.7/5 | 3.6/5 |
| Foundation Year | 1996 | 2000 |
| Regulated in Countries | Saint Vincent and the Grenadines, Belarus, Cyprus, Mauritius | Saint Vincent and the Grenadines |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | Libertex Review | TeleTrade Review |
Broker Libertex suits beginners and experienced traders who value educational resources and various instruments.
This broker is ideally suited for experienced traders who value narrow spreads and a variety of financial instruments. Beginners may find it difficult due to the lack of extensive educational materials.
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:
TeleTrade Review
TeleTrade represents a comprehensive solution for traders looking for tight spreads, a variety of financial instruments, and quality customer support. It benefits experienced traders who can fully utilize the extensive analytical tools. However, beginners may find it challenging to get started without a wide range of educational materials.
If you are ready to undertake an intensive self-learning journey or possess ample experience, this broker can offer you all the necessary conditions for successful trading.
Pros and Cons of TeleTrade
Pros
- Tight spreads.
- A wide range of deposit and withdrawal methods.
- Diversity of financial assets.
- An extensive set of analytical tools.
- Quality customer support.
Cons
- High commission on ECN and NDD accounts.
- High swaps.
- Long withdrawal request processing time.
- Lack of educational materials other than articles.
Reliability
| Broker | Libertex | TeleTrade |
|---|---|---|
| Reliability | 5/5 | 3/5 |
| Foundation Year | 1996 | 2000 |
| Regulated in Countries | Saint Vincent and the Grenadines, Belarus, Cyprus, Mauritius | Saint Vincent and the Grenadines |
| Regulators | SVGFSA SVGFSA НБ РБ НБ РБ CySEC CySEC FSC FSC | SVGFSA SVGFSA |
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
TeleTrade
TeleTrade is a relatively reliable broker, especially considering its long-standing market experience.
Pros
- Long-term market history.
- A large client base worldwide.
Cons
- No regulation by stricter authorities (FCA, ASIC, BaFin).
Account Opening
| Broker | Libertex | TeleTrade |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
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)
TeleTrade
The registration process with TeleTrade broker is extremely convenient and fast. Minimal field input and the ability to log in from the main page simplify the start in trading.
Account Types
| Broker | Libertex | TeleTrade |
|---|---|---|
| Account Types | 4.5/5 | 3.5/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
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
TeleTrade
The broker offers standard trading accounts with additional options such as "24% Bonus" and "Copy Trading". However, the absence of cent, fixed, and Islamic accounts narrows the choices for specialized traders.
Pros
- Additional income through "24% Bonus".
- The "Copy Trading" service for diversification.
- Loyalty program with bonus points.
Cons
- No accounts with fixed spreads.
- No cent accounts.
- No Islamic accounts.
Commissions
| Broker | Libertex | TeleTrade |
|---|---|---|
| Commissions | 4/5 | 2.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 0.4 | 1.8 |
| Commission per Lot | $3 | $0.86 |
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
TeleTrade
The level of commissions can be considered average, making the broker's services suitable for various types of traders, but not ideal for all.
Pros
- Competitive spreads on the standard account.
- No withdrawal fees in certain cases.
Cons
- High transaction commission on ECN and NDD accounts.
- Above-average swaps on the standard account.
- Additional commission for account inactivity.
Deposit and Withdrawal
| Broker | Libertex | TeleTrade |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Account Funding Methods |
|
|
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
TeleTrade
The broker offers a variety of transaction methods, most of which are commission-free and with fast processing times.
Pros
- Wide selection of deposit and withdrawal methods.
- Most operations are commission-free.
- Instant fund crediting for most methods.
Cons
- Withdrawal requests can be processed for up to 7 business days.
- In some cases, a commission is charged for deposits and withdrawals.
Markets and Products
| Broker | Libertex | TeleTrade |
|---|---|---|
| Markets and Products | 4.4/5 | 4.5/5 |
| Forex | 51 | 76 |
| Precious Metals | 5 | 17 |
| Energy Carriers | 6 | 4 |
| Soft Commodities | 6 | 7 |
| Indices | 36 | 26 |
| Stocks | 139 | 146 |
| ETF | 10 | - |
| Bonds | 3 | 3 |
| Cryptocurrency | 79 | 79 |
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
TeleTrade
TeleTrade offers a wide range of financial instruments, making it attractive for various categories of investors.
Pros
- A large number of currency pairs.
- Wide selection of CFDs on metals and cryptocurrencies.
Cons
- Some brokers offer more CFDs.
Trading Platforms
| Broker | Libertex | TeleTrade |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
|
|
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
TeleTrade
TeleTrade provides excellent trading opportunities, offering two versions of the popular MetaTrader platforms.
Pros
- Support for MetaTrader 4 and 5, popular and reliable platforms.
- Availability on various operating systems and devices.
- Ability to use automated trading robots.
Cons
- Lack of proprietary platform or alternative to MetaTrader.
Analytics
| Broker | Libertex | TeleTrade |
|---|---|---|
| Rating | 5/5 | 4/5 |
Libertex
Libertex offers a variety of analytical tools.
Pros
- Daily news and forecasts
- Model portfolios and investment ideas
TeleTrade
TeleTrade provides a good range of analytical tools, such as an economic calendar and technical analysis.
Pros
- Includes an economic calendar and updates news.
- Professional market reviews.
- Video analytics available.
Cons
- Lack of trading signals.
- Absence of calculators and technical analysis services.
Education
| Broker | Libertex | TeleTrade |
|---|---|---|
| Rating | 5/5 | 2/5 |
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
TeleTrade
The educational materials at TeleTrade are limited to articles only, which is not ideal for those seeking comprehensive education. The variety and depth of materials are severely limited.
Customer Support
| Broker | Libertex | TeleTrade |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media | — |
Instagram
Twitter
Telegram
YouTube
TikTokLibertex
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
TeleTrade
TeleTrade's technical support offers a wide range of communication channels and receives positive feedback from clients. Prompt response and quality consultation make this service one of the broker's strong points.
