Written by ForexBrokers.com
In this head to head comparison of IFC 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.
IFC Markets, established in 2006, and Libertex (Forex Club), founded in 1997, both provide online brokerage services without being publicly traded companies or banks. When it comes to regulatory backing, IFC Markets has one Tier-2 license, indicating a trusted level according to ForexBrokers.com, but holds no Tier-1 licenses. On the other hand, Libertex stands out with one Tier-1 license, also indicative of a highly trusted broker.
Both brokers share a Trust Score of 73 from ForexBrokers.com, suggesting an average risk level. While neither firm is publicly listed or banking institutions, their regulatory profiles reveal subtle differences. Libertex's Tier-1 license may appeal to clients prioritizing high trust levels, while IFC Markets maintains a foothold with its Tier-2 licensing.
| Feature |
IFC Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2006 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 0 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing the commissions and fees of IFC Markets and Libertex (Forex Club), IFC Markets comes out slightly ahead. With a rating of 4 stars for its commissions and fees, IFC Markets offers competitive pricing in the online trading space. While specific average spread data is not available, the broker is ranked 39th out of 62 brokers in the Commissions and Fees category by ForexBrokers.com.
On the other hand, Libertex (Forex Club) is rated 3 stars for its commissions and fees. This broker, like IFC Markets, does not provide average spread information, making it challenging to evaluate exact costs. However, with its ranking position at 61 out of 62 brokers in the same category, Libertex is placed substantially lower compared to its peer, IFC Markets.
Overall, while both brokers do not disclose average spread data, IFC Markets takes a stronger position in terms of commissions and fees with higher ratings and a better ranking than Libertex (Forex Club), making it a potentially more cost-effective choice for traders.
| Feature |
IFC Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $1 | $10 |
| Average Spread EUR/USD - Standard | 1.44 | 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) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing IFC Markets and Libertex (Forex Club) for their investment options, both platforms offer forex trading through CFDs or spot contracts, allowing traders to engage with the currency market. IFC Markets boasts a wider selection of 630 tradeable symbols, significantly outpacing Libertex's offering of 300. However, for those particularly interested in forex pairs, Libertex edges ahead with a slight advantage of 51 pairs compared to IFC's 49. Regarding exchange-traded securities, neither platform provides access to U.S. exchanges like the NASDAQ for buying shares such as Apple. That said, IFC Markets stands out by offering access to international exchanges, allowing for trades in companies like Vodafone on the London Stock Exchange, a feature not available with Libertex.
Both brokers support copy trading, enabling users to replicate the trades of successful investors. While neither IFC Markets nor Libertex permits direct purchase of actual cryptocurrencies, they both offer derivatives for crypto enthusiasts. Despite these comparable offerings, their investment range ratings are tied at 3.5 out of 5 stars. However, IFC Markets ranks slightly higher at 43 out of 62 brokers compared to Libertex's position at 53, suggesting a marginal yet noteworthy lead in broader investment options according to ForexBrokers.com.
| Feature |
IFC Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 630 | 300 |
| Forex Pairs (Total) | 49 | 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). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools offered by IFC Markets and Libertex (Forex Club), both brokers provide a comprehensive range of features that cater to different trading preferences. They each offer simulated trading through free virtual demo accounts, which allows users to practice without financial risk. Both brokers have developed their proprietary platforms and provide Windows-based desktop download options, as well as web-based trading platforms, enabling traders to access their accounts from various devices. In terms of third-party platforms, both support MetaTrader 4 (MT4), but while IFC Markets offers MetaTrader 5 (MT5), Libertex does not. Copy trading is available with both brokers, but neither supports DupliTrade or ZuluTrade.
Charting tools and customization options also differ slightly. IFC Markets provides 15 drawing tools, whereas Libertex offers 30, giving users more options for annotation. Both brokers allow direct trading from stock charts and offer seven fields for their watch lists. In terms of overall platform satisfaction, both are rated four stars. However, when ranked among 62 brokers for their trading platforms and tools, IFC Markets is positioned higher at 36th, while Libertex is ranked 50th, indicating a slight edge in performance or feature set.
| Feature |
IFC Markets
|
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 |
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When comparing the mobile trading apps of IFC Markets and Libertex (Forex Club), both brokers cater to iPhone and Android users, providing flexibility for traders on the go. Each app offers stock and forex price alerts, ensuring users are promptly informed of market changes. Additionally, both platforms support watchlist symbol syncing, allowing seamless updates between the mobile app and the user’s online account. Chart enthusiasts will appreciate the 30 technical studies available on each app, along with tools to draw trendlines and view multiple time frames like daily or weekly charts. However, only IFC Markets automatically saves chart drawings, providing a slight edge in preserving user efforts.
Regarding real-time quote watchlists, both apps deliver real-time data, aiding users in making informed decisions. With a mobile trading app rating of four stars each, both IFC Markets and Libertex (Forex Club) are respected choices, although Libertex holds a marginally better rank, coming in at #48 compared to IFC Markets at #52, according to ForexBrokers.com. Overall, while both apps share many features that appeal to mobile traders, minor differences like chart drawing auto-saving might influence a trader's choice depending on individual priorities.
| Feature |
IFC 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 research offerings between IFC Markets and Libertex (Forex Club), there are some distinct differences. IFC Markets provides daily market commentary, while Libertex does not, giving IFC Markets an edge for traders who value regular insights. Conversely, Libertex delivers forex news from premium sources like Bloomberg and Reuters, which is not available with IFC Markets. However, both brokers lack additional research tools from brands like Autochartist or Trading Central, and neither offers resources from TipRanks or Acuity Trading. When it comes to sentiment-based trading tools, IFC Markets includes a feature that displays the ratio of long and short positions for currency pairs, something Libertex does not offer. Both brokers, however, provide an economic calendar to help traders stay informed of global news events.
Looking at ratings and rankings, IFC Markets holds a slight advantage with a Research rating of 3.5 stars compared to Libertex’s 3 stars. In ForexBrokers.com's Research category ranking among 62 brokers, IFC Markets is placed at #40, while Libertex is ranked at #60. This suggests that, overall, IFC Markets may offer a slightly more comprehensive research experience than Libertex, especially for those who prioritize daily commentary and sentiment analysis tools.
| Feature |
IFC Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | 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 for beginners between IFC Markets and Libertex (Forex Club), both brokers provide over ten educational pieces such as articles and videos focusing on forex and CFDs. However, only IFC Markets offers a comprehensive suite of beginner-friendly educational videos tailored to ease new traders into the world of trading. Alongside this, IFC Markets provides an expansive investor dictionary that explains over 50 key investing terms, further supporting those who are new to trading concepts.
While neither IFC Markets nor Libertex offers monthly educational webinars or a searchable archive of such events, experienced traders will find advanced video content available from both brokers. Overall, IFC Markets ranks higher for its educational offerings, receiving a 3.5-star rating and a #30 ranking out of 62 brokers by ForexBrokers.com, compared to Libertex's 3-star rating and #57 ranking. This reflects IFC Markets’ broader range of resources specifically aimed at enriching the learning experience for new traders.
| Feature |
IFC Markets
|
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 | 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 IFC Markets is better than Libertex (Forex Club). IFC Markets finished with an overall rank of #45, while Libertex (Forex Club) finished with an overall rank of #60.
IFC Markets is a well-established broker that has been in operation for 17 years. Forex traders at IFC Markets gain access to multiple trading platforms, a growing range of tradeable markets, and a balanced offering of research and educational content. However, IFC Markets’ Trust Score suffers due to the broker’s limited range of regulatory licenses.
| Feature |
IFC Markets
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Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 73 | 73 |
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Both IFC Markets and Libertex (Forex Club) do not offer the ability to buy actual delivered cryptocurrency, but they both provide the option to trade cryptocurrency derivatives.
When comparing online brokers IFC Markets and Libertex (Forex Club), IFC Markets provides the option to deposit or withdraw funds via Visa, Mastercard, and bank wires, unlike Libertex, which supports ACH, SEPA, PayPal, Skrill, and bank wires but not Visa or 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 | IFC Markets | Libertex (Forex Club) | |
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| Trust Score | 73 | 73 | |
| Winner | check_circle | ||
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| Broker Screenshots | IFC Markets | Libertex (Forex Club) | |
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| Regulation | IFC Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 73 | 73 | |
| Year Founded | 2006 | 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 | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | IFC 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) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | IFC Markets | 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 | IFC Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 630 | 300 | |
| Forex Pairs (Total) | 49 | 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). |
| Cost | IFC Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.44 | 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 | IFC Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $1 | $10 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | IFC Markets | 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 | IFC Markets | 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 | IFC 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 | IFC Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | IFC Markets | 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 | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | IFC 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 |
| Overall | IFC Markets | Libertex (Forex Club) | |
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| Trust Score | 73 | 73 | |
| Winner | check_circle | ||
| Review |
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