FXOpen vs. Libertex
Comparison: FXOpen vs. Libertex – Which broker is better? A quick comparison of platform, fees, deposits, withdrawals and regulation.
Winner of this comparison: FXOpen with an overall rating of 36%
Basic information
| Basic information |  FXOpen |  Libertex |
|---|---|---|
| Deposit | 100 EUR/USD | 100 EUR/USD |
| Spreads | 1 EUR/USD | 1.5 EUR/USD |
| Established | 2005 | 1997 |
| Currency Pairs (Total Forex pairs) | 95 | 44 |
| Country | UK, Australia | Cyprus |
| Regulation | FCA (UK), ASIC (Australia) | Cysec |
| Trading app | MetaTrader 4 (MT4), Desktop Platform (Windows), MetaTrader 5 (MT5) | Web Platform, MetaTrader 5 (MT5) |
| Number of CFD asset classes | 5 | 5 |
| Broker type | MM | MM |
| Support | Phone, Mail, Chat | Phone, Mail, Chat |
| Funding methods | * Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire | * Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire |
| Real Stocks and ETFs | Yes | Yes |
*The value is indicative from the broker's website. The spread amount is variable.
75% of retail investor accounts lose money when trading CFDs with this provider.
83% of retail investor accounts lose money when trading CFDs with this provider.
Comparison Result
In terms of overall rating, both brokers are equal – both have 36%. FXOpen requires a minimum deposit of 100 EUR/USD, while Libertex sets it at 100 EUR/USD. The entry amount is the same for both. For FXOpen, the spread is 1 EUR/USD, while for Libertex it is 1.5 EUR/USD. Tighter spreads make FXOpen a more advantageous choice. FXOpen offers 95 forex pairs, while Libertex provides 44. A wider selection gives FXOpen the advantage. FXOpen was founded in 2005, while Libertex has been operating since 1997. The older Libertex has the upper hand in this regard. Unfortunately, neither of them offers this option. FXOpen is overseen by 2 regulatory bodies, while Libertex has 1. More regulations at FXOpen enhance its trustworthiness. FXOpen supports 3 platforms, while Libertex offers 2. A greater choice of platforms gives FXOpen the lead.
36%
FXOpen
35%
Libertex
Key Strengths
FXOpen
- Micro accounts from just 1 USD allow starting with minimal capital
- Support for MetaTrader 4 and 5 - the standard among traders
- Free demo accounts for practicing strategies
Libertex
- Trading school for beginners
- Free information service and technical analysis
- Regulation
- Clear fee information
Comparison by Categories
Comprehensive Comparison: FXOpen vs Libertex
FXOpen Libertex Investments
62 % 62 %| Investments | FXOpen | Libertex |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 95 | 44 |
| CFDs – Total Offered | 110+ | 320+ |
| Options CFD | No | No |
| Share CFDs | Yes | Yes |
| Forex CFD | Yes | Yes |
| Commodities CFD | Yes | Yes |
| ETF CFD | No | No |
| Indicies CFD | Yes | Yes |
| Cryptocurrency traded as actual | No | No |
| Cryptocurrency traded as CFD | Yes | Yes |
Cost
80 % 80 %| Cost | FXOpen | Libertex |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 1 | 1.5 |
| Deposit from | 100 | 100 |
| Account fee | No | No |
| Inactivity fee | Yes | Yes |
| Active Trader or VIP Discounts | No | No |
| Withdrawal fees | No | No |
| Deposit fees | No | No |
Trading app
43 % 29 %| Trading app | FXOpen | Libertex |
|---|---|---|
| Desktop Platform (Windows) | Yes | No |
| Web Platform | No | Yes |
| Social Trading / Copy-Trading | No | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| Currenex | No | No |
| cTrader | No | No |
Trading Tools
100 % 100 %| Trading Tools | FXOpen | Libertex |
|---|---|---|
| Financial leverage | Yes | Yes |
| Virtual Trading (Demo) | Yes | Yes |
| Alerts – Basic Fields | Yes | Yes |
| Charting – Indicators / Studies (Total) | Yes | Yes |
| Charting – Drawing Tools (Total) | Yes | Yes |
| Charting – Trade From Chart | Yes | Yes |
| Stop-Loss | Yes | Yes |
| Finacial Calendar | Yes | Yes |
| Daily financial news | Yes | Yes |
| Order Type – Trailing Stop | Yes | Yes |
Research
33 % 33 %| Research | FXOpen | Libertex |
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Weekly Webinars | No | No |
| Social Sentiment – Currency Pairs | No | No |
| Economic Calendar | No | No |
| Research | No | No |
Education
33 % 33 %| Education | FXOpen | Libertex |
|---|---|---|
| Has Education – Forex | Yes | Yes |
| Has Education – CFDs | Yes | Yes |
| Client Webinars | No | No |
| Videos – Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
| Education | No | No |
Forex
100 % 86 %| Forex | FXOpen | Libertex |
|---|---|---|
| GBP/USD | Yes | Yes |
| USD/JPY | Yes | Yes |
| EUR/USD | Yes | Yes |
| USD/CHF | Yes | No |
| USD/CAD | Yes | Yes |
| NZD/USD | Yes | Yes |
| AUD/USD | Yes | Yes |
Commodities
0 % 27 %| Commodities | FXOpen | Libertex |
|---|---|---|
| Gold | No | Yes |
| Silver | No | Yes |
| WIT Oil | No | Yes |
| Brent Oil | No | No |
| Coffee | No | No |
| Cocoa | No | No |
| Soybeans | No | No |
| Rice | No | No |
| Corn | No | No |
| Platinum | No | No |
| Palladium | No | No |
Indicies
60 % 60 %| Indicies | FXOpen | Libertex |
|---|---|---|
| DAX 40 | Yes | Yes |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | No | No |
| Nikkei | No | No |
Cryptocurrencies
20 % 20 %| Cryptocurrencies | FXOpen | Libertex |
|---|---|---|
| Bitcoin | Yes | Yes |
| Litecoin | No | No |
| Ethereum | Yes | Yes |
| Ripple | No | No |
| Neo | No | No |
| Stellar | No | No |
| Cardano | No | No |
| Tron | No | No |
| Monero | No | No |
| EOS | No | No |
Regulations
33 % 17 %| Regulations | FXOpen | Libertex |
|---|---|---|
| Cysec | No | Yes |
| ASIC (Australia) | Yes | No |
| FCA (UK) | Yes | No |
| Authorised in the European Union (EU) | No | No |
| CFTC Registered (USA) | No | No |
| FINMA (Switzerland) | No | No |
Support
100 % 100 %| Support | FXOpen | Libertex |
|---|---|---|
| Chat | Yes | Yes |
| Phone | Yes | Yes |
| Yes | Yes |
Overall
36 % 35 %| Overall | FXOpen | Libertex |
|---|
Our Recommendations
Best for Libertex
Thanks to comprehensive educational materials and a user-friendly platform, Libertex is an ideal choice for new traders.
Best Platform FXOpen
The trading platform of broker FXOpen offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Both brokers have comparable fee structures and spreads.
FXOpen Libertex