Alpari vs Libertex - Fees Review included
Which broker is better Alpari or Libertex? Our expert assessment conducted according to TU’s own methodology showed that Alpari is one of the top brokers in the financial market with the TU Overall Score of 6.53 out of 10. Libertex is one of the top brokers in the financial market with the TU Overall Score of 8.27 out of 10. Find out more about TU Overall Score.
| Feature | Alpari | Libertex |
|---|---|---|
Overall |
4 |
4.5 |
3.7 |
4.4 |
|
3.5 |
4.6 |
|
4.1 |
4.3 |
|
Investment Instruments |
3.5 |
3.7 |
Platforms and Charting Tools |
3.9 |
5 |
Deposit and Withdrawal |
4.1 |
4.8 |
Research |
3.8 |
4.6 |
Education |
4.1 |
4.7 |
Support |
4.6 |
4.6 |
Bonuses |
4.5 |
4.7 |
|
|
|
Alpari vs Libertex: Pros and Cons
The Alpari broker has been providing financial services in the international foreign exchange market since 1998. The company's services include both active Forex trading and investment offers. The broker is registered in the territory of Saint Vincent and the Grenadines. Its license is № 20389 IBC 2012, issued by the Registrar of International Business Companies. The Company is also a member of The Financial Commission, which handles the settlement of disputes worldwide between brokers and their clients. The broker has received more than 30 awards, including Forex Expo Awards (2011, 2012, 2014), International Finance Magazine Awards (2013), and FX Empire Awards (2017).
Libertex is a trading and investment software from Indication Investments Ltd, which appeared in the market back in 1997. Libertex Group was established in 1997, has over 2.9 clients, over 700 employees. The broker was awarded the Best Trading Platform at the recent Forex Awards. One of the advantages and distinguishing features of the broker is the current trading web-platform. It is characterized by a convenient interface, high information content, as well as high-quality technical equipment. All these components allow you to work with the terminal. The reliability indicator is the fact that the founders of the platform have been in the field of online trading and financial services provider for more than 20 years. Within this time they have built their reputation as an honest broker. Libertex has received 40 international awards from financial magazines and organizations for the quality of customer service and innovative technical solutions.
| Alpari | Libertex | |
|---|---|---|
| Overall Pros | a large number of trading accounts for traders with different levels of experience and goals; | Trading ideas and trading signals, Hot assets section |
| high-quality and efficient work by the customer support service | Free crypto trading | |
| many ways to replenish the deposit and withdraw funds | Advanced charting tools | |
| 100% welcome bonus | ||
| Advanced filters | ||
| CySec Regulation | ||
| Long-term investmetn portfolio with zero fees | ||
| Strong research team | ||
| Overall Cons | no trading on weekends | Limited number of supported assets |
| withdrawal of funds is carried out after occasional delays | Unclear fee structure | |
| commission compensation for deposits or withdrawals is available only for traders with VIP status; | ||
| trading on the MetaTrader 5 platform is available only for traders with standard accounts, and swap-free Forex Islamic accounts work only on MetaTrader 4. |
Alpari vs Libertex: Safety and Regulation
| Regulated By: | Alpari | Libertex |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
No |
No |
CySec (Cyprus, EU) |
No |
Yes |
ASIC (Australia) |
No |
No |
Other Regulators |
FSC (Mauritius) |
Mauritius, St. Vincent and the Grenadines |
Alpari vs Libertex: Trading Conditions
| Trading Conditions | Alpari | Libertex |
|---|---|---|
Minimum Deposit |
$1 |
100 |
Trading Platforms |
MetaTrader 4, MetaTrader 5 |
МТ4, MT5, Libertex |
Max Leverage (Futures) |
1-30000 |
1:30 for retails |
Supported Markets |
Currency pairs, metals, CFDs |
Forex, CFDs on indices, stocks, ETFs, commodities, crypto, metals |
Trading assets |
78+ |
250+ |
Trading Accounts |
nano.mt4, standard.mt4, standard.mt5, ecn.mt4, pro.ecn.mt4, special.ecn.mt4, ecn.mt5 |
Libertex CFD, Libertex Portfolio |
Base Account Currencies |
USD and EUR |
EUR, GBP, PLN, CFH |
Alpari vs Libertex: Fees
Forex Trading Fees
| Fee | Alpari | Libertex |
|---|---|---|
Standard Account EURUSD Average Spread |
0.1 pips |
0.3 pips |
Standard Account Fee |
$50 |
0.03% |
ECN/STP Account Fee |
$50 |
Not supported |
ECN Account EUR Average Spread |
0.3 pips |
Not supported |
CFD Trading Fees
| Fee | Alpari | Libertex |
|---|---|---|
CFD Trading Fee |
Floating spread |
Floating spread |
Non-Trading Fees
| Fee | Alpari | Libertex |
|---|---|---|
Account Fee |
$50 |
No |
Deposit Fee |
5 EUR/USD/GBP/ 80 ZAR |
No |
Withdrawal Fee |
From 0 up to 50 USD/ 800 ZAR |
No |
Inactivity Fee |
5 EUR/USD/GBP/ 80 ZAR |
$5 per month afther 180 days of inactivity |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Alpari vs Libertex: Trading Assets
| Asset Name | Alpari | Libertex |
|---|---|---|
Overall |
78+ |
250+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes |
Yes (CFD) |
Cryptocurrencies |
Yes (Bitcoin CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes (CFD) |
Yes (CFD) |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Alpari or Libertex: Investment Programs
| Asset Name | Alpari | Libertex |
|---|---|---|
Copy Trading |
No |
No |
MAM/PAMM |
Yes |
No |
Managed Accounts |
No |
Yes |
Other |
No |
No |
Trading Platforms: Libertex or Alpari
| Alpari | Libertex | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
Libertex |
Others |
No |
No |
|
|
|
Alpari vs Libertex: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Alpari | Libertex |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
No |
No |
Alpari vs Libertex: Research
| Research Type | Alpari | Libertex |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
Yes |
Alpari vs Libertex: Education
| Education Type | Alpari | Libertex |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Cent account |
No |
Yes |
Libertex vs Alpari: Support
| Support Features | Alpari | Libertex |
|---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
Facebook, WhatsApp, VK, Telegram |
No |
Alpari vs Libertex: Forex Bonuses and Promo
| Promo | Alpari | Libertex |
|---|---|---|
Forex Bonus |
Proprietary bonus system: For replenishment of the account, trading, and other operations, the trader receives bonus points on his personal account, which can later be exchanged for discounts or real money; Cashback service: Clients with a high status in the system receive more privileges and access to additional bonuses. |
100% welcome bonus |
Affiliate Program |
"Revenue Sharing" - a broker's representative may attract new clients and receive up to 60% of the spread for trading operations carried out by the invited trader; “CPA-partner” is a partner whose task is also to attract new customers, but a reward of up to $275 is paid only after new invitees open new accounts and replenish them at least once. |
Up to 50% of referrals spread |
Other Promos |
||
|
|
|
Top 5 Reviews on Libertex
-
Comment
When I first started trading on Forex, I already heard about Libertex as a reliable company. I decided to try and for 6 years of cooperation I was not disappointed. One of the main advantages is the author's platform, where the transaction parameters are calculated using a multiplier. In addition, instead of spreads, a fixed commission is set, which allows you to significantly reduce costs. The disadvantage of such a commission system is that you still have to pay interest on losing trades. I am not new to trading, but I constantly visit the training section, where experienced traders share the secrets of success. I want to try to work with cryptocurrency somehow, because the broker provides such an opportunity.
-
Comment
The speed of the Libertex platform is close to perfect. I regret that I did not start working with it from the beginning, I lost time. The only inconvenience is that there are no spreads here, and the commission is not always calculated clearly. Therefore, the projected income is often past the real one.
-
Comment
I had a bad experience with 2 dishonest brokers, so now Libertex seemed like a fairy tale to me! Conditions are excellent, execution is instant. I checked the withdrawal and it works. You can make money with this company, and even make good money.
-
Comment
Libertex consistently pays money, and that's a fact! For me, this is the main point in the question of whether it is worth further cooperating with the company. Therefore, I’ve been with Libertex for almost a year now. At the moment, I have no complaints about the company. Everything is calm and clear, and this is very important!
-
Comment
I've been trading with Libertex for six months. In general, trading here is quite comfortable. Conditions are the very thing I need. The trade execution quality is good. The withdrawal of the money earned is made within the time frame specified in the regulations. There is nothing to complain about!
Top 5 Reviews on Alpari
-
Comment
Many traders collaborate with the broker Alpari. I myself traded with this broker for several years. At one time, Alpari was one of the best among forex companies. But now, there is fierce competition, with many brokers offering favorable conditions as well as regulatory licenses. And this broker has remained in the past for now.
-
Comment
I leave a neutral review of alpari. This company is reputable and when you get to know it closer, you understand that the broker has no special problems. Everything is fine with payments. There are deposit and withdrawal fees. They are small, but they exist. Slippages occur, though not very strong.
-
Comment
I can recommend Alpari as a stable and reliable broker, which has earned its reputation over the years of its work. It is focused on clients, not on its profit, and this is the most important thing. It is also important to note that order execution is at a high level, and withdrawals are made quickly and without any difficulties. Alpari provides good support service where knowledgeable Forex specialists work.
-
Comment
For me, the main advantage of Alpari is the variety of available trading instruments. I traded both currency pairs and crypto. I can also add that Alpari has a fast trading platform. There are no requotes, and this is very important in my trading.
-
Comment
I have known Alpari for six years. At first I traded here for two years, then I stopped trading at all. I didn’t work in the Forex market for two years, and then I returned again. I tried trading in another company, but I didn't like it. I funded my account with Alpari again and am trading here up to now. I can’t say that the broker is perfect, since problems do occur. But the company withdraws profits without any problems.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.