Libertex vs XM 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 - Libertex or XM?
Our pick: XM
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - XM looks preferable to Libertex.
XM scored 4.7/5 and ranks 2 in our all Forex brokers list, whereas Libertex has 4.7/5 and ranks 5.
This is not financial advice. See the full comparison below.
Who is Libertex suitable for?
Broker Libertex suits beginners and experienced traders who value educational resources and various instruments.
Who is XM suitable for?
Broker XM is suitable for both novice traders, thanks to educational materials, and experienced traders who value a variety of instruments.
Comparison Table of Libertex and XM
| Broker | Libertex | XM |
|---|---|---|
| Rating | 4.7/5 | 4.7/5 |
| Foundation Year | 1996 | 2009 |
| Regulated in Countries | Saint Vincent and the Grenadines, Belarus, Cyprus, Mauritius | Belize, Cyprus, Australia, South Africa, United Arab Emirates, Mauritius, Seychelles |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Libertex Review | XM Review |
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:
XM Review
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inactivity fee.
- Standard account has a higher spread than the market average.
XM is in the top 10 of the following ratings:
Reliability
| Broker | Libertex | XM |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 1996 | 2009 |
| Regulated in Countries | Saint Vincent and the Grenadines, Belarus, Cyprus, Mauritius | Belize, Cyprus, Australia, South Africa, United Arab Emirates, Mauritius, Seychelles |
| Regulators |
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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
XM
XM is a reliable and well-regulated broker with licenses in key jurisdictions. Segregated accounts, negative balance protection, and a compensation fund make it a safe choice for traders.
Pros
- Licenses from ASIC, CySEC, DFSA, and other regulators
- Segregation of client funds
- Negative balance protection and compensation scheme
Account Opening
| Broker | Libertex | XM |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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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)
XM
Opening an account with XM is fast and convenient: registration takes only a few minutes, the interface is intuitive, and document requirements are standard.
Pros
- Fast online registration
- Clear and straightforward KYC process
- Ability to open demo and additional accounts
Account Types
| Broker | Libertex | XM |
|---|---|---|
| Account Types | 4.5/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| 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
XM
XM broker offers various account types to satisfy the needs of different traders, from beginners to professionals.
Pros
- A wide choice of accounts for different experience levels
- Flexible trading conditions (leverage, deposit)
- Specialized accounts for stock trading
Cons
- No ECN or STP accounts
Commissions
| Broker | Libertex | XM |
|---|---|---|
| Commissions | 4/5 | 4/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 0.4 | 1.7 |
| Commission per Lot | $3 |
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
XM
XM’s fees can be considered competitive: the Ultra Low account offers reduced spreads, while the absence of deposit and withdrawal fees lowers overall costs. With active trading, the conditions are attractive.
Pros
- Reduced spreads on the Ultra Low account
- No deposit or withdrawal fees
- Ability to lower costs through rebates
Cons
- Above-average spreads on the Standard account
- Inactivity fee applies
Deposit and Withdrawal
| Broker | Libertex | XM |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
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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
XM
The broker offers convenient deposit and withdrawal methods with zero commission but lacks cryptocurrency support.
Pros
- Zero commission for deposits and withdrawals
- A minimum limit of only 5 dollars
- Quick processing of withdrawal requests
Cons
- No cryptocurrency deposit/withdrawal options
Markets and Products
| Broker | Libertex | XM |
|---|---|---|
| Markets and Products | 4.4/5 | 5/5 |
| Forex | 51 | 55 |
| Precious Metals | 5 | 3 |
| Energy Carriers | 6 | 3 |
| Soft Commodities | 6 | 8 |
| Indices | 36 | 50 |
| Stocks | 139 | 1307 |
| ETF | 10 | - |
| Bonds | 3 | - |
| Cryptocurrency | 79 | 58 |
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
XM
The broker offers a wide range of markets and products, including over 1500 items.
Pros
- A large selection of currency pairs
- Access to CFDs on various assets
- The ability to trade cryptocurrencies
Trading Platforms
| Broker | Libertex | XM |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Trading Platforms |
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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
XM
XM offers various versions of MT4 and MT5 platforms, providing flexibility in trading.
Pros
- Availability on various devices (PC, Mac, mobile)
- MultiTerminal for managing multiple accounts
- WebTrader for browser-based trading
Cons
- No alternatives to MetaTrader
Analytics
| Broker | Libertex | XM |
|---|---|---|
| Rating | 5/5 | 5/5 |
Libertex
Libertex offers a variety of analytical tools.
Pros
- Daily news and forecasts
- Model portfolios and investment ideas
XM
XM’s analytics are well structured and deeply integrated into the platform. Trading Central, market sentiment tools, calendars, and calculators make them useful for both active trading and careful pre-trade analysis.
Pros
- Trading Central integration and XM in-house analysis
- Economic calendar, corporate events, and calculators
- Clear market sentiment tools
Education
| Broker | Libertex | XM |
|---|---|---|
| Rating | 5/5 | 5/5 |
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
XM
XM's educational materials are extensive and varied, suitable for all experience levels.
Pros
- A wide range of materials: webinars, videos, seminars
- Available in different languages
- Daily online sessions with experts
Customer Support
| Broker | Libertex | XM |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Instagram
Twitter
Telegram
YouTube
TikTok
LinkedIn
FacebookLibertex
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
XM
XM’s customer support operates reliably 24/7, offering multiple contact channels and multilingual assistance. Most issues are resolved quickly and professionally, which supports the broker’s high service rating.
Pros
- 24/7 support via chat, email, phone, and messengers
- Multilingual assistance
- Strong knowledge of products and procedures
Comparisons of Libertex and XM with other brokers
Conclusion
XM stands out as the better overall pick, while Libertex trails on aggregate criteria.
XM scored 4.7/5 and ranks 2 in our rating; Libertex has 4.7/5 and ranks 5.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Libertex or XM?
XM comes out ahead by overall rank (score 4.7/5, position 2) versus Libertex (score 4.7/5, position 5).
Which broker is better for beginners: Libertex or XM?
XM 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) — Libertex or XM?
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 Libertex and XM?
Libertex: Libertex, MetaTrader 4, MetaTrader 5. XM: MetaTrader 5, MetaTrader 4, WebTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with Libertex and XM?
Libertex: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. XM: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Libertex and XM?
Libertex: Libertex, MT4 Market, MT5 Market, MT4 Instant, MT5 Instant, Libertex Portfolio. XM: Standard, Micro, XM Ultra Low, Shares. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Libertex and XM?
Libertex: Skrill, Neteller, Jeton, WebMoney, VLoad, Bank Transfer, Visa, Mastercard, Maestro. XM: Neteller, Skrill, SticPay, Swift, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Libertex or XM — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
