Trading.com vs Libertex - Fees Review included
Which broker is better Trading.com or Libertex? Our expert assessment conducted according to TU’s own methodology showed that Trading.com is one of the top brokers in the financial market with the TU Overall Score of 5.44 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 | Trading.com | Libertex |
|---|---|---|
Overall |
2.7 |
4.5 |
5 |
4.4 |
|
3.7 |
4.6 |
|
4.1 |
4.3 |
|
Investment Instruments |
1 |
3.7 |
Platforms and Charting Tools |
3.1 |
5 |
Deposit and Withdrawal |
3.6 |
4.8 |
Research |
1 |
4.6 |
Education |
1 |
4.7 |
Support |
3.5 |
4.6 |
Bonuses |
1 |
4.7 |
|
|
Trading.com vs Libertex: Pros and Cons
Trading.com is a UK broker whose full name is Trading Point. Previously, it was called XMUK, but in 2019 it was rebranded and the company began to operate under its new title: Trading.com. The company offers to trade six asset classes such as currency pairs, metals, as well as CFDs on stocks, stock indices, commodity futures, and energy resources. More than 1,250 assets are available in total. The main office is located in London, the broker is regulated by the FCA (Financial Conduct Authority), and its registration number 705428
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.
| Trading.com | Libertex | |
|---|---|---|
| Overall Pros | Favorable trading conditions - average spreads in major pairs are 0.6 pips | Trading ideas and trading signals, Hot assets section |
| The minimum deposit/withdrawal for our trading accounts is $5 | Free crypto trading | |
| All transaction costs are covered by the broker | Advanced charting tools | |
| 100% welcome bonus | ||
| Advanced filters | ||
| CySec Regulation | ||
| Long-term investmetn portfolio with zero fees | ||
| Strong research team | ||
| Overall Cons | The broker offers only active trading services. Investment programs, training, analytics are absent | Limited number of supported assets |
| The broker strictly adheres to the requirements of the regulator. Therefore, the maximum leverage is up to 1:30 | Unclear fee structure |
Trading.com vs Libertex: Safety and Regulation
| Regulated By: | Trading.com | Libertex |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
Yes |
No |
CySec (Cyprus, EU) |
No |
Yes |
ASIC (Australia) |
No |
No |
Other Regulators |
No |
Mauritius, St. Vincent and the Grenadines |
Trading.com vs Libertex: Trading Conditions
| Trading Conditions | Trading.com | Libertex |
|---|---|---|
Minimum Deposit |
$5 |
100 |
Trading Platforms |
МТ5 |
МТ4, MT5, Libertex |
Max Leverage (Futures) |
1-30 |
1:30 for retails |
Supported Markets |
Forex, Commodities, Indices, stocks |
Forex, CFDs on indices, stocks, ETFs, commodities, crypto, metals |
Trading assets |
1250+ |
250+ |
Trading Accounts |
Ultra-Low Standard, Ultra-Low Micro |
Libertex CFD, Libertex Portfolio |
Base Account Currencies |
EUR, USD, GBP, CHF, AUD, PLN, HUF |
EUR, GBP, PLN, CFH |
Trading.com vs Libertex: Fees
Forex Trading Fees
| Fee | Trading.com | Libertex |
|---|---|---|
Standard Account EURUSD Average Spread |
From 0.6 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 | Trading.com | Libertex |
|---|---|---|
CFD Trading Fee |
Floating spread |
Floating spread |
Non-Trading Fees
| Fee | Trading.com | Libertex |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Withdrawal Fee |
No |
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.
Trading.com vs Libertex: Trading Assets
| Asset Name | Trading.com | Libertex |
|---|---|---|
Overall |
1250+ |
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 |
Trading.com or Libertex: Investment Programs
| Asset Name | Trading.com | Libertex |
|---|---|---|
Copy Trading |
No |
No |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
Yes |
Other |
No |
No |
Trading Platforms: Libertex or Trading.com
| Trading.com | Libertex | |
|---|---|---|
MT4 |
No |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
Libertex |
Others |
No |
No |
|
|
Trading.com vs Libertex: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Trading.com | Libertex |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
No |
No |
Trading.com vs Libertex: Research
| Research Type | Trading.com | Libertex |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
No |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
Yes |
Trading.com vs Libertex: Education
| Education Type | Trading.com | Libertex |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
Yes |
Articles |
No |
Yes |
Videos |
No |
Yes |
Cent account |
Yes (Micro) |
Yes |
Libertex vs Trading.com: Support
| Support Features | Trading.com | Libertex |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Trading.com vs Libertex: Forex Bonuses and Promo
| Promo | Trading.com | Libertex |
|---|---|---|
Forex Bonus |
No |
100% welcome bonus |
Affiliate Program |
No |
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 Trading.com
-
Comment
Can Trading.com be trusted at all? I think that traders are brazenly misled here, and they are also brazenly robbed. Personally, I made all the conclusions after talking with the support service, and I realized who was in front of me.
-
Comment
The company does not give back! When I replenished everything quickly passed, but they don’t want to give it back. Fraudsters!
-
Comment
At first, when I deposited $200, I was quickly contacted. It turned out to be so easy to make money. I made 100 dollars. I wanted to withdraw them, but then a company representative began to persuade me to deposit another 1500 bucks. He said that the money will flow into my account. I refused. I asked to show how to withdraw funds and then it began. In fact, our collaboration ended.
-
Comment
This broker attracted me with cent accounts, an affordable minimum deposit and a good selection of financial instruments that can be traded. Strong FCA regulation and negative balance protection also spoke in Trading.com's favour. Of course, spreads of 0.6 points were only on the demo, which did not surprise me at all. The broker only holds the spread, there are no additional trading commissions, so I did not even count on fees of $6. In fact, Trading.com spreads are average and do not differ much from the commissions of other brokers for this market segment. Swap sizes and execution speed are all right. Commission for withdrawal - only from payment systems.
-
Comment
I don't remember the exact number of brokers with which I have traded, but I am sure that the number has exceeded 20. I am constantly testing new companies because I always want to find better conditions. Once on the Trading.com website, I carefully studied the size of spreads and all possible commissions. After that, I searched for reviews from existing clients. Most of the traders who used the services of this broker were satisfied with the conditions there. The temptation was too great, and I could not resist. Now I trade Forex and Index CFDs with Trading.com. The downside for me is that transactions with cryptocurrencies are not available here. Everything is generally bad with analytics and news on the site, so you have to look for the critical information on third-party sources.
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.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.