Written by ForexBrokers.com
In this head to head comparison of FxPro 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.
Founded in 2006, FxPro has established a reputation as a highly reliable choice in the online brokerage landscape, with a Trust Score of 90 out of 99 according to ForexBrokers.com. With two Tier-1 licenses and one Tier-2 license, the broker is recognized for its strong adherence to regulatory standards, making it a safe choice for traders seeking security and compliance. While FxPro is not publicly traded and is not a bank, its regulatory credibility offers confidence to its clients.
Libertex (Forex Club), which has been serving traders since 1997, holds a ForexBrokers.com Trust Score of 73, indicating an average risk level. It is equipped with one Tier-1 license but lacks any Tier-2 licenses. Like FxPro, Libertex is also not publicly traded and is not a bank. Despite having a long-standing presence in the industry, traders should be mindful of its lower trust score when compared to other brokers like FxPro that have a more robust regulatory standing.
| Feature |
FxPro
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2006 | 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 | 2 | 0 |
When comparing the commissions and fees of FxPro and Libertex (Forex Club), clear differences emerge for traders. FxPro, with a 4-star rating, offers variable and fixed spreads on its MT4 platform, and its most competitive commissions are available on the cTrader platform. Here, FxPro provides an effective EUR/USD spread of approximately 1.27 pips, which includes an average spread of 0.37 pips and a 0.9 pip commission-equivalent. Despite having higher costs than some industry leaders, FxPro offers potential savings through its Active Trader program—though this still lags behind top competitors.
In contrast, Libertex (Forex Club) only manages a 3-star rating for its commissions and fees. Unfortunately, it does not provide average spread data, making direct cost comparisons more difficult for prospective traders. Despite the lack of detailed spread information, traders should be aware that Libertex generally ranks lower in the industry for trading costs, coming in at #61 out of 62 brokers on the ForexBrokers.com rankings.
Overall, FxPro stands out as the more cost-effective choice for traders keen on detailed spread and commission data, ranking #32 in the ForexBrokers.com list. Meanwhile, those considering Libertex should weigh the lack of clear cost structures alongside its lesser 3-star rating in deciding on a trading platform.
| Feature |
FxPro
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $100 | $10 |
| Average Spread EUR/USD - Standard | 1.51 | N/A |
| All-in Cost EUR/USD - Active | 1.27 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | 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 FxPro and Libertex for their investment offerings, both brokers provide forex trading as a CFD or spot contract, making foreign currency trading accessible. FxPro shines with an impressive array of 2,249 tradeable symbols and 70 forex pairs, offering a wider selection than Libertex, which has 300 tradeable symbols and 51 forex pairs. However, neither broker provides opportunities to buy exchange-traded securities on U.S. exchanges, such as Apple shares. Notably, FxPro does allow clients to access international exchanges for buying securities like Vodafone shares, a feature absent in Libertex.
Both FxPro and Libertex offer the opportunity to engage in copy trading and provide cryptocurrency derivatives, although they do not support the purchase of actual cryptocurrencies. In terms of ratings, FxPro garners a 4-star rating for its range of investments, ranking 28th out of 62 brokers on ForexBrokers.com. Libertex is slightly behind with a 3.5-star rating, ranked 53rd. Overall, FxPro's broader range of investments and additional features may appeal to traders seeking diversity in their portfolios.
| Feature |
FxPro
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 300 |
| Forex Pairs (Total) | 70 | 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 FxPro to Libertex (Forex Club) in terms of trading platforms and tools, both brokers offer a host of features that cater to different trading styles. FxPro and Libertex both provide simulated trading through free virtual demo accounts, perfect for beginners looking to familiarize themselves with forex trading. Each broker has developed its own proprietary platform and offers Windows-based desktop and web-based trading platforms. Interesting for many traders, both brokers provide the widely popular MetaTrader 4 (MT4), but unlike Libertex, FxPro also offers MetaTrader 5 (MT5) for those seeking advanced trading features. Both firms support copy trading, enabling users to follow and replicate the trades of more experienced investors.
In terms of charting tools, Libertex slightly surpasses FxPro by offering 30 drawing tools, compared to FxPro's 25, although both allow for trading directly from a stock chart. For those interested in watchlist customization, Libertex offers an additional column field, totaling seven. Despite these competitive features, FxPro is more highly ranked for trading platforms and tools, securing the 19th place among 62 brokers according to ForexBrokers.com, while Libertex sits at the 50th position. Both brokers, however, receive a respectable rating of four out of five stars in this category, signifying their reliable performance.
| Feature |
FxPro
|
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) | 53 | 15 |
| Charting - Drawing Tools (Total) | 25 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FxPro and Libertex (Forex Club) offer mobile trading applications for iPhone and Android users, providing key features to aid traders. They both offer price alerts for stocks and forex, as well as the capability to sync watchlists between mobile and online accounts, ensuring ease and consistency in tracking investments. A standout feature for FxPro is its extensive offering of 65 technical studies for chart analysis, compared to Libertex's 30. Additionally, FxPro allows for trendline drawing on charts and supports viewing multiple time frames, alongside providing automatic saving of chart drawings—a feature absent from Libertex's offerings.
FxPro's mobile app supports real-time quotes within watchlists, a feature matched by Libertex. However, FxPro holds a notable edge in user satisfaction, boasting a 4.5-star rating versus Libertex's 4-star rating. Reflective of these ratings, FxPro ranks higher at 15th out of 62 brokers in the Mobile Trading Apps category by ForexBrokers.com, whereas Libertex is further down the list at the 48th position. These distinctions suggest FxPro may be a preferable choice for users seeking a comprehensive mobile trading experience.
| Feature |
FxPro
|
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 | 65 | 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.
FxPro and Libertex (Forex Club) both aim to provide traders with a well-rounded market research experience, but they differ in certain key areas. For those seeking daily market commentary, FxPro is the provider of choice, as it offers this feature unlike Libertex. Both platforms keep their users informed with forex news from top-tier sources similar to Bloomberg and Reuters, ensuring traders are updated with important market developments. However, only FxPro gives its users access to tools from Trading Central, such as Technical Analytics, which can be beneficial for traders focusing on technical analysis. Additionally, FxPro provides a sentiment-based trading tool, allowing users to gauge market sentiment across currency pairs, a tool not available with Libertex.
When it comes to research features, both FxPro and Libertex lack tools from Autochartist and Acuity Trading, including market research from TipRanks. Despite this, FxPro stands out with its economic calendar that helps traders keep track of global news events, a feature also offered by Libertex. In terms of industry rankings, FxPro holds a higher position, rated with four stars for research and ranked #27 out of 62 brokers by ForexBrokers.com. On the other hand, Libertex is given three stars and placed at #60, highlighting the difference in their research capabilities as seen by experts in the field.
| Feature |
FxPro
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | 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 offered by FxPro and Libertex to help beginners dive into forex and CFDs, FxPro emerges as a more accommodating platform. Both brokers provide over ten educational segments, including articles and videos focused on forex and CFDs. While neither broker holds live educational webinars monthly, FxPro stands out with a searchable archive of past webinars, a useful tool for learners who prefer to study at their own pace. Additionally, FxPro excels in catering to beginners with at least ten introductory videos that simplify trading concepts, whereas Libertex lags behind in this area.
Delving deeper, FxPro offers a comprehensive investor dictionary, providing over 50 investing terms that can help demystify the often complex world of trading. On the other hand, Libertex does not currently offer this feature but compensates by targeting advanced traders with more than ten specialized videos. When rated based on educational provisions, FxPro scores a solid four stars and ranks as the 17th among 62 brokers according to ForexBrokers.com, while Libertex gathers a three-star rating and places significantly lower at 57th. This comparison underscores FxPro's commitment to supporting beginner traders with a variety of valuable resources.
| Feature |
FxPro
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | 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 FxPro is better than Libertex (Forex Club). FxPro finished with an overall rank of #21, while Libertex (Forex Club) finished with an overall rank of #60.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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Libertex (Forex Club)
|
|---|---|---|
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| Trust Score | 90 | 73 |
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FxPro and Libertex (Forex Club) both do not provide the option to purchase actual cryptocurrency for delivery, but they do offer the ability to trade cryptocurrency derivatives.
Both FxPro and Libertex (Forex Club) provide versatile funding options like ACH, SEPA transfers, PayPal, and Skrill for depositing and withdrawing account funds, but only FxPro supports Visa and Mastercard transactions, whereas both platforms accept bank wires.
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 | FxPro | Libertex (Forex Club) | |
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| Trust Score | 90 | 73 | |
| Winner | check_circle | ||
| Review | FxPro Review |
| Broker Screenshots | FxPro | Libertex (Forex Club) | |
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| Regulation | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 90 | 73 | |
| Year Founded | 2006 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | FxPro | 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) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 300 | |
| Forex Pairs (Total) | 70 | 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 | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | N/A | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $100 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | FxPro | 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 53 | 15 | |
| Charting - Drawing Tools (Total) | 25 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | 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 | 65 | 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 | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | FxPro | 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 | FxPro Review |
| Overall | FxPro | Libertex (Forex Club) | |
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| Trust Score | 90 | 73 | |
| Winner | check_circle | ||
| Review | FxPro Review |
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