Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets 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.
BlackBull Markets and Libertex (Forex Club) are both reputable online Forex brokers, though they differ in some key areas. BlackBull Markets was established in 2014, while Libertex has been operating since 1997. Neither broker is publicly traded or operates as a bank. In terms of regulatory compliance, both companies hold one Tier-1 license each, which is highly trusted by ForexBrokers.com. However, neither holds any Tier-2 licenses. The ForexBrokers.com Trust Score assigns BlackBull Markets a score of 78, indicating an average risk, while Libertex scores slightly lower at 73, also putting it in the average risk category.
When considering trust and reliability, BlackBull Markets may have a slight edge due to its marginally higher Trust Score. While both brokers are well-regulated, their scores suggest they are seen as posing average risk, according to ForexBrokers.com ratings. For prospective investors and traders, these ratings can be a helpful guide in determining the level of trust to place in these brokers.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2014 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing online brokers BlackBull Markets and Libertex (Forex Club) based on their commissions and fees, BlackBull Markets stands out with a more comprehensive offering. It provides three different account types, each with its own fee structure. The Prime account is notable for its competitive spreads, with an average spread of 0.16 on the EUR/USD, leading to an all-in cost of 0.76. This includes a commission of $6 per 10,000 traded, making it a favored choice for those who can meet the $2,000 minimum deposit requirement. In contrast, the Standard account at BlackBull Markets is commission-free but features higher spreads, with no minimum deposit. The ECN Institutional account caters to active traders with a $20,000 minimum deposit and offers even lower commission rates.
On the other hand, Libertex (Forex Club) does not provide average spread data, which can make it difficult for traders to gauge potential costs effectively. This lack of transparency is reflected in its lower rating and ranking. BlackBull Markets receives a commendable 4.5 out of 5 stars for commissions and fees, while Libertex is rated 3 stars. Furthermore, in ForexBrokers.com's ranking out of 62 brokers, BlackBull Markets secures the 19th position for its commission and fees structure, significantly outperforming Libertex, which ranks at 61st.
Overall, BlackBull Markets offers a more transparent and competitive fee structure compared to Libertex (Forex Club), making it a preferable choice for traders focused on optimizing costs. With a higher star rating and a better ranking, BlackBull Markets clearly illustrates its edge in the aspect of commissions and fees.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 0.76 | N/A |
| All-in Cost EUR/USD - Active | 0.76 | 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 BlackBull Markets to Libertex (Forex Club) for their range of investments, BlackBull Markets stands out with a significantly larger offering. BlackBull Markets provides access to a staggering 26,000 tradeable symbols, which includes 72 forex pairs. In contrast, Libertex offers 300 tradeable symbols with 51 forex pairs. Moreover, BlackBull Markets allows investors to dive into exchange-traded securities on both U.S. and international exchanges, broadening investment possibilities with options like buying Apple or Vodafone shares directly. Meanwhile, Libertex does not offer this opportunity, focusing instead on CFDs.
Both brokers cater to cryptocurrency enthusiasts by offering derivatives, though neither supports the purchase of actual cryptocurrencies. For those interested in copy trading, both platforms provide this feature. However, BlackBull Markets earns a 5-star rating for its range of investments, ranking #6 among 62 brokers on ForexBrokers.com, while Libertex holds a 3.5-star rating and a rank of #53. This data highlights BlackBull Markets as the more diverse and expansive trading platform of the two.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 300 |
| Forex Pairs (Total) | 72 | 51 |
| U.S. Stock Trading (Non CFD) | Yes | 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.
BlackBull Markets and Libertex (Forex Club) both provide key features that cater to traders of various levels of experience. Both brokers offer simulated trading with free demo accounts, allowing users to practice trading without any financial risk. They also support the ever-popular MetaTrader 4 platform, while BlackBull Markets additionally offers MetaTrader 5, appealing to those seeking advanced trading options. Notably, BlackBull does not have a proprietary platform, unlike Libertex, which offers its own in-house developed platform. Both brokers provide Windows-based desktop platforms as well as web-based platforms for convenient access. They also enable social trading, with BlackBull supporting ZuluTrade, a feature not available with Libertex.
When it comes to charting tools and customization, BlackBull Markets offers a broader range of drawing tools with 60 options, compared to 30 offered by Libertex. Both platforms provide the functionality to trade directly from the chart, enhancing user experience and efficiency. In terms of watch lists, Libertex offers 7 fields, providing slightly more customization options compared to BlackBull’s 6 fields. Both brokers receive a solid 4-star rating for their trading platforms and tools. However, based on ForexBrokers.com rankings, BlackBull Markets excels further in this category, securing the 28th spot out of 62 brokers, in contrast to Libertex’s 50th ranking. Whether seeking advanced tools or social trading features, traders can find viable options with either broker.
| Feature |
BlackBull Markets
|
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) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 109 | 15 |
| Charting - Drawing Tools (Total) | 60 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both BlackBull Markets and Libertex offer versatile mobile applications for iPhone and Android users, readily equipping traders with essential features to enhance their trading experience. These apps provide real-time price alerts for stocks and forex, along with smooth syncing capabilities that ensure watchlists between the mobile application and the client’s online account remain up-to-date. Furthermore, each platform offers 30 technical studies for chart analysis, making it convenient for traders to examine trends effectively. Users can easily draw trendlines and switch between various time frames, such as daily, weekly, or intraday, to suit their trading preferences.
While both apps allow users to create watchlists with real-time quotes, a notable distinction lies in the auto-saving feature for chart drawings. BlackBull Markets offers this convenience, ensuring users do not lose their work. This might contribute to their slightly higher ranking in the Mobile Trading Apps category on ForexBrokers.com, where BlackBull Markets is ranked 30th compared to Libertex's placement at the 48th position. Both brokers earn a respectable four-star rating for their mobile apps, reflecting their commitment to providing accessible and user-friendly trading tools.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of BlackBull Markets and Libertex, a few key differences stand out. BlackBull Markets provides daily market commentary, which can be a valuable tool for traders looking to stay up-to-date with the latest market trends. On the other hand, Libertex does not offer this daily insight. While BlackBull Markets lacks forex news from top-tier sources like Bloomberg and Reuters, Libertex fills this void by providing news from such reputable outlets. Additionally, BlackBull Markets equips traders with Autochartist tools, known for their technical and fundamental analytical capabilities, whereas Libertex does not offer tools from this company.
For traders interested in sentiment analysis, BlackBull Markets offers a sentiment-based trading tool, giving users an inside look at long and short positions across different instruments – a feature that Libertex does not provide. Both platforms share some similarities, such as offering economic calendars to help track global events. However, BlackBull Markets is rated higher for research, earning a 4-star rating and ranking 18th out of 62 brokers on ForexBrokers.com. Libertex has a 3-star research rating and is positioned at 60th, highlighting BlackBull Markets as the preferred choice for those who prioritize comprehensive market research tools.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | 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 exploring educational resources for beginners in online trading, BlackBull Markets stands out compared to Libertex (Forex Club). Both brokers provide educational content that includes over ten pieces such as articles and videos on forex or CFDs. However, BlackBull Markets enhances the learning experience by hosting monthly educational webinars and offering a searchable archive of these recorded sessions. This feature is absent in Libertex's offerings, which might limit its appeal for those who prefer engaging in real-time educational activities or reviewing past sessions.
BlackBull Markets also steps ahead by providing at least ten beginner-friendly videos focused on essential trading topics, which can be a great starting point for novices. In contrast, Libertex lacks this targeted beginner video content. While both platforms offer advanced educational videos, BlackBull Markets further appeals to novices with an investor dictionary explaining over 50 trading terms, a tool that Libertex doesn't provide. This comprehensive approach to education contributes to BlackBull Markets’ higher education rating of four stars compared to Libertex’s three stars, with BlackBull Markets also securing a higher ranking in the education category among 62 brokers.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | 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 BlackBull Markets is better than Libertex (Forex Club). BlackBull Markets finished with an overall rank of #24, while Libertex (Forex Club) finished with an overall rank of #60.
BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.
| Feature |
BlackBull Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 78 | 73 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both BlackBull Markets and Libertex (Forex Club) do not offer the ability to buy actual delivered cryptocurrencies, but they both provide options to trade cryptocurrency derivatives instead.
When comparing online brokers BlackBull Markets and Libertex (Forex Club) in terms of deposit and withdrawal options, BlackBull Markets supports bank wires, Visa/Mastercard, and Skrill, but does not offer ACH, SEPA, or PayPal transfers, whereas Libertex provides ACH, SEPA, PayPal, Skrill, and bank wire options, but lacks Visa/Mastercard support.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 78 | 73 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
| Broker Screenshots | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 78 | 73 | |
| Year Founded | 2014 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | 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) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | BlackBull Markets | 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 | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 300 | |
| Forex Pairs (Total) | 72 | 51 | |
| U.S. Stock Trading (Non CFD) | Yes | 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 | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.76 | N/A | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | 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 | BlackBull Markets | 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) | Yes | No | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 109 | 15 | |
| Charting - Drawing Tools (Total) | 60 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | BlackBull Markets | 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 | |
| Review | BlackBull Markets Review |
| Overall | BlackBull Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 78 | 73 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill