Written by ForexBrokers.com
In this head to head comparison of Alpari vs Libertex (Forex Club), we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Alpari and Libertex (Forex Club) stand out as seasoned players in the online brokerage industry, with their foundations dating back to 1998 and 1997, respectively. Neither company is publicly traded nor operates as a bank. When it comes to trustworthiness, ForexBrokers.com rates Alpari with a Trust Score of 68, suggesting a high-risk profile, while Libertex (Forex Club) fares slightly better with a score of 73, indicating an average risk level. In terms of regulatory benchmarks, a critical factor for evaluating a broker's reliability, Alpari holds no Tier-1 licenses, which are highly trusted by ForexBrokers.com, whereas Libertex (Forex Club) holds one Tier-1 license, adding a layer of credibility to its regulatory standing.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 1998 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 0 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When it comes to comparing online brokers Alpari and Libertex (Forex Club) regarding commissions and fees, both offer unique advantages, yet they differ significantly in their ratings and ranking within the industry. Alpari stands out with a 4-star rating in the fees category, highlighting its relatively favorable position in this aspect. According to ForexBrokers.com, Alpari ranks 41st out of 62 brokers, reflecting its competitive edge in providing a cost-effective trading environment for its clients.
In contrast, Libertex (Forex Club) receives a 3-star rating for commissions and fees, indicating a less competitive stance compared to its peer Alpari. With a ranking of 61st out of 62 brokers, Libertex appears to trail behind in offering cost-efficient trading options. While specific average spread data is not available for either broker, these ratings and rankings provide a helpful perspective for traders evaluating the overall cost-effectiveness of these platforms.
For potential investors and traders looking to make informed decisions, the differences in star ratings and rankings between Alpari and Libertex (Forex Club) serve as key indicators of where each broker stands in terms of affordability. By considering factors such as commissions and fees, traders can better assess which platform aligns with their financial and trading goals.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $20 | $10 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Alpari and Libertex (Forex Club) for their range of investments, both brokers offer forex trading, either as a CFD or spot contract, but differ in the number of tradeable symbols they provide. Alpari offers 105 tradeable symbols, including 46 forex pairs, while Libertex surpasses that with 300 tradeable symbols and 51 forex pairs. Neither broker allows for the purchase of exchange-traded securities on U.S. exchanges like Apple shares. However, Alpari does offer trading on international exchanges, such as Vodafone shares, which is not an option with Libertex. Both platforms support copy trading and provide access to cryptocurrency derivatives, though not actual cryptocurrencies.
In terms of ratings, Alpari receives a 3-star rating for its range of investments, ranking 62nd out of 62 brokers according to ForexBrokers.com. Libertex, on the other hand, is rated slightly higher at 3.5 stars and holds the 53rd spot in the same category. This distinction highlights Libertex's broader array of tradeable assets, potentially offering more opportunities for diverse investments. Whether you're seeking a platform with a particular focus on international markets, as with Alpari, or a broker with a wider variety of symbols, such as Libertex, these insights can help guide your choice based on your investment needs.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 105 | 300 |
| Forex Pairs (Total) | 46 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools offered by Alpari and Libertex (Forex Club), both brokers provide a comprehensive range of features to accommodate the needs of traders. Each supports simulated (paper) trading through free virtual demo accounts, making them ideal for beginners to practice without financial risk. Both brokers also offer proprietary platforms and the popular MetaTrader 4 (MT4). While Alpari also supports MetaTrader 5 (MT5), Libertex does not. Additionally, each broker provides a Windows-based desktop download and a web-based trading platform, ensuring accessibility from various devices. For traders interested in replicating trades, both brokers offer copy trading services.
Furthering the comparison, Alpari and Libertex allow trading directly from stock charts, with Alpari offering 15 drawing tools and Libertex doubling this with 30 drawing tools for better analysis. Both provide 7 columns for watch lists, which is standard. Despite these similarities, their ranking slightly differs with Alpari rated 4 stars and ranked #55 and Libertex also rated 4 stars but ranked slightly higher at #50 out of 62 brokers in the Trading Platforms and Tools category according to ForexBrokers.com. Neither broker supports DupliTrade or ZuluTrade, focusing on their unique trading capabilities instead.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Drawing Tools (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When choosing between Alpari and Libertex (Forex Club) for mobile trading apps, both brokers offer iPhone and Android apps, complete with important features such as stock and forex price alerts, drawing capabilities for trendlines, and the ability to create a watchlist featuring real-time quotes. Each app presents users with 30 technical studies for charting and supports multiple time frames, providing a versatile trading environment for forex enthusiasts. While neither app auto-saves chart drawings, they both score a commendable 4 stars for their mobile trading experience.
There are key differences as well. Notably, Libertex facilitates a smoother experience with watchlist symbol syncing, allowing changes on mobile to seamlessly reflect on the client’s online account. In terms of industry ranking, Alpari is placed at #56, while Libertex fares slightly better at #48 out of 62 brokers as rated by ForexBrokers.com. Overall, traders will find both platforms offer competitive features, though Libertex's added convenience of synced watchlists gives it an edge for those seeking integrated management.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both Alpari and Libertex (Forex Club) provide essential forex news from leading sources such as Bloomberg and Reuters. While they do not offer daily market commentary, both platforms ensure their users are informed and up-to-date on significant market shifts with their comprehensive economic calendars. Despite their ratings of three out of five stars for research, Alpari holds a slight edge, utilizing technical analysis tools from Autochartist to aid traders, an offering not available with Libertex.
However, neither broker supports Trading Central analytics or sentiment-based trading tools, and both lack market research tools from companies like TipRanks and Acuity Trading. This results in Alpari slightly leading in the rankings for research at #57 compared to Libertex at #60 out of 62 brokers reviewed by ForexBrokers.com. For traders seeking a balanced suite of news and analysis without reliance on premium research tools, both Alpari and Libertex present comparable options.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners seeking educational resources in the realm of online forex and CFD trading, Alpari and Libertex (Forex Club) each have their unique offerings and limitations. Both brokers provide a range of over ten educational materials, such as articles and videos, focusing on forex and CFDs, thus catering to newcomers in the trading world. However, neither offers regular online client webinars or an archive of past webinars, which could be a downside for those who prefer interactive learning sessions. Alpari stands out with its beginner-focused educational videos, ensuring newcomers can find relevant content tailored to their level.
In contrast, Libertex (Forex Club) distinguishes itself by offering advanced educational videos suitable for traders looking to deepen their strategies, although this may be beyond what a beginner typically needs. Alpari supports novice traders with an investor dictionary containing over 50 investing terms, a feature Libertex lacks. Despite these differences, both receive a moderate education rating of three stars. According to ForexBrokers.com, Alpari ranks slightly higher at #48 compared to Libertex's #57 among 62 online brokers, reflecting their similar yet distinct educational offerings.
| Feature |
Alpari
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Alpari is better than Libertex (Forex Club). Alpari finished with an overall rank of #57, while Libertex (Forex Club) finished with an overall rank of #60.
Alpari is one of the first brokers to offer the MetaTrader platform glopbally before it became popular. The Alpari group of companies are regulated only in a few jurisdictions, putting the broker at a disadvantage compared to the most trusted brokers.
| Feature |
Alpari
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Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 68 | 73 |
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Both Alpari and Libertex (Forex Club) do not offer the option to purchase actual delivered cryptocurrency, but both provide the ability to invest in cryptocurrency derivatives.
When comparing online brokers Alpari and Libertex (Forex Club) for depositing or withdrawing funds, Alpari supports Skrill, Visa, Mastercard, and bank wires but not ACH, SEPA, or PayPal, while Libertex offers ACH, SEPA, PayPal, Skrill, and bank wires, yet lacks support for Visa and Mastercard.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Alpari | Libertex (Forex Club) | |
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| Trust Score | 68 | 73 | |
| Winner | check_circle | ||
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| Broker Screenshots | Alpari | Libertex (Forex Club) | |
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| Regulation | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 68 | 73 | |
| Year Founded | 1998 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 0 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 105 | 300 | |
| Forex Pairs (Total) | 46 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $20 | $10 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Drawing Tools (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Alpari | Libertex (Forex Club) | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
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| Trust Score | 68 | 73 | |
| Winner | check_circle | ||
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