MTrading vs Libertex - Fees Review included
Which broker is better MTrading or Libertex? Our expert assessment conducted according to TU’s own methodology showed that MTrading is one of the top brokers in the financial market with the TU Overall Score of 2.99 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 | MTrading | Libertex |
---|---|---|
Overall |
3.5 |
4.5 |
1 |
4.4 |
|
3.8 |
4.6 |
|
3.6 |
4.3 |
|
Investment Instruments |
3.5 |
3.7 |
Platforms and Charting Tools |
3.6 |
5 |
Deposit and Withdrawal |
4 |
4.8 |
Research |
3.5 |
4.6 |
Education |
3.5 |
4.7 |
Support |
4.1 |
4.6 |
Bonuses |
4.2 |
4.7 |
|
|
MTrading vs Libertex: Pros and Cons
“MTrading” broker is the company that presents its brokerage services in the field of online-trading, giving a possibility to deal with currencies, precious metals, securities, etc. “MTrading” company offers to use up-to-date and advanced software, which will allow you to carry out an efficient trading on the financial markets regardless of your experience.
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.
MTrading | Libertex | |
---|---|---|
Overall Pros | Low minimum deposit requirements | Trading ideas and trading signals, Hot assets section |
Demo account is free and available | Free crypto trading | |
Copy trading avaible | Advanced charting tools | |
100% welcome bonus | ||
Advanced filters | ||
CySec Regulation | ||
Long-term investmetn portfolio with zero fees | ||
Strong research team | ||
Overall Cons | Not regulated | Limited number of supported assets |
No cent accounts | Unclear fee structure |
MTrading vs Libertex: Safety and Regulation
Regulated By: | MTrading | Libertex |
---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
No |
No |
CySec (Cyprus, EU) |
No |
Yes |
ASIC (Australia) |
No |
No |
Other Regulators |
No |
Mauritius, St. Vincent and the Grenadines |
MTrading vs Libertex: Trading Conditions
Trading Conditions | MTrading | Libertex |
---|---|---|
Minimum Deposit |
$1 |
100 |
Trading Platforms |
MetaTrader 4, MT4 Multiterminal, MT4 Supreme Edition, MT4 Web Trader |
МТ4, MT5, Libertex |
Max Leverage (Futures) |
1-1000 |
1:30 for retails |
Supported Markets |
Forex, Stocks, Commodities, Indices |
Forex, CFDs on indices, stocks, ETFs, commodities, crypto, metals |
Trading assets |
100+ |
250+ |
Trading Accounts |
Demo, M.Premium, M.Pro |
Libertex CFD, Libertex Portfolio |
Base Account Currencies |
EUR, USD, RUB |
EUR, GBP, PLN, CFH |
MTrading vs Libertex: Fees
Forex Trading Fees
Fee | MTrading | Libertex |
---|---|---|
Standard Account EURUSD Average Spread |
1.2 pips |
0.3 pips |
Standard Account Fee |
$0 |
0.03% |
ECN/STP Account Fee |
Not supported |
Not supported |
ECN Account EUR Average Spread |
Not supported |
Not supported |
CFD Trading Fees
Fee | MTrading | Libertex |
---|---|---|
CFD Trading Fee |
Floating spread |
Floating spread |
Non-Trading Fees
Fee | MTrading | Libertex |
---|---|---|
Account Fee |
No |
No |
Deposit Fee |
Visa/Mastercard - 1,5%; Perfect Money - 1%; Wire transfer/Skrill/Neteller - 0% |
No |
Withdrawal Fee |
Visa/Mastercard - 1,5%; Perfect Money - 1%; Wire transfer - 0%; Skrill/Neteller - 3% |
No |
Inactivity Fee |
No |
$5 per month afther 180 days of inactivity |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
MTrading vs Libertex: Trading Assets
Asset Name | MTrading | Libertex |
---|---|---|
Overall |
100+ |
250+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
No |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
Yes (CFD) |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
MTrading or Libertex: Investment Programs
Asset Name | MTrading | Libertex |
---|---|---|
Copy Trading |
Yes |
No |
MAM/PAMM |
Yes |
No |
Managed Accounts |
No |
Yes |
Other |
No |
No |
Trading Platforms: Libertex or MTrading
MTrading | Libertex | |
---|---|---|
MT4 |
Yes |
Yes |
MT5 |
No |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
Libertex |
Others |
No |
No |
|
|
MTrading vs Libertex: Deposit and Withdrawal Methods
Deposit and Withdrawal Method | MTrading | Libertex |
---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
No |
No |
MTrading vs Libertex: Research
Research Type | MTrading | Libertex |
---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
Yes |
MTrading vs Libertex: Education
Education Type | MTrading | Libertex |
---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Cent account |
No |
Yes |
Libertex vs MTrading: Support
Support Features | MTrading | Libertex |
---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
MTrading vs Libertex: Forex Bonuses and Promo
Promo | MTrading | Libertex |
---|---|---|
Forex Bonus |
Welcome Bonus 30$, Deposit Bonus up to 200%. |
100% welcome bonus |
Affiliate Program |
Yes |
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 MTrading
-
Comment
Without a doubt, MTrading is reliable. I opened an account there a long time ago and during all this time there was no reason to change the broker. The main thing is that I have withdrawn my profits more than once to different payment systems; depending on the system, withdrawals take from two hours to two days. There are no special complaints regarding trading. There are, however, gaps and slippages. Well, where would we be without them? But I didn’t notice any manipulations on the part of MTrading.
-
Comment
MTrading is one of the oldest brokers and it has a high rating on various platforms. Therefore, many people leave positive reviews of this company. What I personally want to say about MTrading is that its conditions are the same as with others, reliability is also an important aspect for work. I am satisfied with the withdrawal process, because all funds are withdrawn on time and in full.
-
Comment
I tried trading with MTrading twice. The first time, I lost money, but I assumed it was due to my mistakes. However, when I tried trading here again a year later, I realized that the issue was not with me but with the company. The MTrading platform is very slow, making it impossible to open trades quickly. Moreover, the gaps that appear every day can wipe out all trades.
-
Comment
Collaborating with MTrading has caused significant issues. I don't believe this company is focused on providing quality brokerage services. After transferring my funds here, the platform stopped working altogether after three months of trading. I waited for another two months, wrote emails to MTrading's support, but there was no result. Now I've received a message that MTrading has fixed the platform, and trading is possible again. However, I no longer wish to deal with this broker.
-
Comment
Mtrading isn’t licensed by any regulator. Therefore, no one can give you a guarantee that there will be no problems with trading and finance. And there are a lot of problems. I opened an account with Mtrading three months ago and have already lost $250. The broker's trading platform works very slowly and Internet connection often disappears. Therefore, it is impossible to trade profitably. And since the company does not have a regulator, there is no one to complain to.
- Quotex vs MTrading
- Deriv vs MTrading
- MTrading vs Trade Nation
- MTrading vs GlobeX360
- MTrading vs Exness
- MTrading vs Fineco
- MTrading vs Moneta Markets
- MTrading vs Vantage
- MTrading vs BlackBull Markets
- MTrading vs SimpleFX
- MTrading vs London Capital Group (LCG)
- MTrading vs XBTFX
- MTrading vs NAGA
- MTrading vs TeleTrade
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.