Written by ForexBrokers.com
In this head to head comparison of Axi 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.
Axi and Libertex (Forex Club) are both seasoned players in the online brokerage landscape, with Axi being established in 2007 and Libertex (Forex Club) starting its journey back in 1997. Neither of these brokers is publicly traded nor operates as a bank, a common trait in the industry that focuses on investment services rather than banking. Axi holds a better trust rating at 82 and is categorized as trusted by ForexBrokers.com, while Libertex (Forex Club) sits at a rating of 73, indicating an average risk.
In terms of regulatory licenses, Axi shows a stronger regulatory standing by holding 2 Tier-1 licenses, recognized for high trust, along with 1 Tier-2 license, considered trusted. In comparison, Libertex (Forex Club) holds 1 Tier-1 license and lacks any Tier-2 licenses, which could influence investors prioritizing security and control. This regulatory distinction underscores Axi's commitment to maintaining a trustworthy and secure trading environment for its clients.
| Feature |
Axi
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2007 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing the commissions and fees of online brokers Axi and Libertex (Forex Club), Axi stands out as the more favorable choice. Axi is rated 4 out of 5 stars for commissions and fees, demonstrating a competitive offering in this category. Although specific average spread data isn't provided, Axi's overall pricing structure has earned it the 44th position out of 62 brokers according to ForexBrokers.com.
In contrast, Libertex (Forex Club) scores slightly lower with a 3-star rating for its commissions and fees. Without detailed spread data, it is difficult to pinpoint exact costs, but Libertex's ranking at 61 out of 62 brokers suggests its fees might be higher or less appealing to traders when compared to other platforms.
Overall, for those prioritizing better commissions and fees in selecting an online broker, Axi presents a more attractive option compared to Libertex (Forex Club), offering a higher rating and a superior ranking in the Commissions and Fees category.
| Feature |
Axi
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $0 | $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 the range of investments offered by Axi and Libertex (Forex Club), both platforms provide access to forex trading as Contracts for Difference (CFDs) or spot contracts. Axi offers 175 tradable symbols, while Libertex provides a broader selection with 300 symbols. Despite this, Axi edges out in forex pairs, offering 65 pairs compared to Libertex's 51. Both brokers do not offer exchange-traded securities on U.S. or international exchanges, which means you won't be able to directly buy stocks like Apple or Vodafone through either service.
For those interested in cryptocurrencies, both Axi and Libertex allow trading via derivatives rather than purchasing actual coins. Each broker also offers copy trading features for those who wish to mimic successful traders. Despite these offerings, both platforms are rated equally with 3.5 stars for their range of investments. In terms of industry rankings, Axi is positioned at #55, whereas Libertex holds a slightly better rank at #53 out of 62 brokers, according to ForexBrokers.com.
| Feature |
Axi
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 175 | 300 |
| Forex Pairs (Total) | 65 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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.
Both Axi and Libertex offer accessible trading platforms and tools to traders. Axi provides a widely favored combo of MetaTrader 4 and ZuluTrade, suitable for those inclined toward copy trading and straightforward platform use. You’ll find both desktop and web-based options with Axi, ensuring flexibility across devices. Despite being an easy-to-use choice, Axi does not offer a proprietary platform or MetaTrader 5, which could be limiting for some traders seeking more advanced features. It's rated at 3.5 stars for its trading platforms and tools, coming in at last place among 62 brokers in the ForexBrokers.com ranking.
Libertex sets itself apart by offering a proprietary trading platform, enhancing its adaptability and unique offerings beyond the standard MetaTrader 4. Traders can enjoy a variety of platform options, including both Windows-based and web-based versions, plus advanced charting capabilities with 30 drawing tools. Libertex also supports copy trading, although it does not include ZuluTrade integration. With a higher rating of 4 stars for trading platforms and tools, Libertex stands out at number 50 in the ForexBrokers.com ranking, showcasing a more favorable reputation in the trading community compared to Axi.
| Feature |
Axi
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | Yes | 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 comparing the mobile trading apps of Axi and Libertex (Forex Club), both brokers provide a solid foundation for users with options available for iPhone and Android devices. Both platforms include essential features like stock or forex price alerts, drawing trendlines on charts, and the ability to view different time frames such as daily or intraday. They also offer 30 technical studies to aid users' charting needs. However, Axi falls short in watchlist synchronization with no option to sync watchlists between mobile and online accounts, a feature that Libertex covers. Despite both apps not supporting the auto-saving of chart drawings, both allow users to create watchlists with real-time quotes.
In terms of user ratings, Libertex edges out Axi with a rating of 4 stars out of 5 compared to Axi's 3.5 stars. This difference is mirrored in their rankings, as evaluated by ForexBrokers.com, where Libertex stands at the 48th position, outperforming Axi's placement at 59th out of 62 brokers surveyed. Ultimately, for traders prioritizing seamless watchlist syncing and higher app satisfaction, Libertex may hold an advantage, while Axi still brings valuable charting features to the table.
| Feature |
Axi
|
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 comparing market research options between Axi and Libertex (Forex Club), both brokers show strengths and limitations. Axi stands out by offering forex news from reputable sources like Bloomberg and Reuters and providing technical analysis tools from Autochartist. These features can be crucial for traders focusing on technical data insights. In contrast, Libertex does not include Autochartist but matches Axi with forex news access from top industry sources. Neither platform offers market commentaries or research tools from Trading Central, which may influence traders who rely on these insights. Both brokers offer economic calendars, facilitating the tracking of global economic events.
The sentiment tool, which shows long or short positions, is available exclusively from Axi, providing added insight into market trends. Libertex does not offer this tool, potentially limiting this aspect of trading strategy. Both brokers lack tools from Acuity Trading and do not provide research from TipRanks, suggesting opportunities for growth in their research offerings. Despite these differences, Axi and Libertex receive an equal research rating of three stars. Nonetheless, Axi holds a slightly higher rankings position at #55 compared to Libertex's #60, among 62 brokers, according to ForexBrokers.com. This ranking suggests a marginal difference in research capabilities from a broader industry perspective.
| Feature |
Axi
|
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 | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners from online brokers Axi and Libertex, Axi stands out with its comprehensive offerings. Axi provides a rich array of learning materials, including over 10 pieces focused on forex or CFDs and 10 beginner-friendly videos on trading topics. Additionally, they host at least one educational webinar a month, proving to be a valuable resource for continuous learning, although they do not archive these webinars. Beginners can also benefit from Axi’s investor dictionary, which includes definitions for over 50 common investing terms.
On the other hand, Libertex (Forex Club) also meets the minimum standard with over 10 educational pieces related to forex and CFDs. However, they're missing a few key elements that might benefit beginners trying to grasp trading fundamentals. While they do offer advanced educational videos for experienced traders, their absence of beginner-focused videos and monthly webinars could make the learning curve steeper for new traders. Additionally, they lack a comprehensive investor dictionary. Despite these differences, both brokers receive a three-star rating for education, although Axi holds a significantly higher rank compared to Libertex according to ForexBrokers.com, coming in at #26 versus Libertex's #57 ranking out of 62 brokers.
| Feature |
Axi
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | 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 Axi is better than Libertex (Forex Club). Axi finished with an overall rank of #49, while Libertex (Forex Club) finished with an overall rank of #60.
Axi, previously known as AxiTrader, is an evolving brand regulated in Australia, the UK, and the UAE. With just the MetaTrader platform available and a limited range of investment products, Axi lags behind the best multi-asset brokers.
| Feature |
Axi
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Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 82 | 73 |
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Both Axi and Libertex (Forex Club) do not provide the option to buy actual (delivered) cryptocurrencies, however, they both offer opportunities to invest in cryptocurrency derivatives.
When comparing online brokers Axi and Libertex (Forex Club), Axi does not support ACH, SEPA, or PayPal for fund transfers but offers Skrill, Visa/Mastercard, and bank wires, whereas Libertex (Forex Club) supports ACH, SEPA, and PayPal but does not offer Visa/Mastercard, while both brokers allow Skrill and bank wires for deposits and withdrawals.
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 | Axi | Libertex (Forex Club) | |
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| Trust Score | 82 | 73 | |
| Winner | check_circle | ||
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| Broker Screenshots | Axi | Libertex (Forex Club) | |
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| Regulation | Axi | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 82 | 73 | |
| Year Founded | 2007 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Axi | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | Yes | 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) | Axi | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Axi | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 175 | 300 | |
| Forex Pairs (Total) | 65 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | Axi | 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 | Axi | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $0 | $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 | Axi | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Axi | 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 | Axi | 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 | No | Yes |
| Research | Axi | 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 | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Axi | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | 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 | Axi | 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 | 82 | 73 | |
| Winner | check_circle | ||
| Review |
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