Written by ForexBrokers.com
In this head to head comparison of Plus500 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.
Plus500 and Libertex (Forex Club) are two prominent online brokers, each founded in different decades—Plus500 in 2008 and Libertex in 1997. Despite their longevity, their regulatory standings differ significantly. Plus500 shines with an impressive ForexBrokers.com Trust Score of 99, reflecting its firm standing in global markets. The broker holds 6 Tier-1 licenses, indicating a high level of trust and compliance with top regulatory standards, and 3 Tier-2 licenses. Additionally, Plus500 is publicly traded, adding a layer of transparency to its operations.
In contrast, Libertex (Forex Club) holds a ForexBrokers.com Trust Score of 73, positioning it at an average trust level with a single Tier-1 license and no Tier-2 licenses. As a non-publicly traded entity, Libertex's regulatory landscape is less comprehensive compared to Plus500. Both brokers are not banks, which means they focus solely on providing trading services rather than traditional banking products. As prospective traders evaluate their options, these regulatory distinctions may help guide informed decisions between the two platforms.
| Feature |
Plus500
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2008 | 1997 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing commissions and fees for online brokers, Plus500 is slightly above the industry average, particularly when it comes to pricing for active traders. The broker does not offer discounts for retail clients but provides cash rebates for those who qualify as Professional clients. In April 2024, the spreads for the EUR/USD at Plus500 averaged 1.5 pips, which is higher than what you'd find with some of the top forex brokers. Plus500 earned a 4.0-star rating from ForexBrokers.com and ranks 25th out of 62 brokers.
On the other hand, Libertex (Forex Club) does not have specific data available for average spreads, making a direct comparison challenging. In terms of commissions and fees, Libertex is rated 3 stars by ForexBrokers.com, placing it much lower on their list, at 61st out of 62 brokers. This suggests that traders looking for competitive pricing may find better options elsewhere.
In summary, Plus500 offers a generally higher cost structure compared to other top-tier brokers, while Libertex (Forex Club) lacks transparency in some areas and ranks lower overall for cost-effectiveness. This comparison may guide traders in choosing the broker that best meets their financial goals and trading strategies.
| Feature |
Plus500
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | €100 | $10 |
| Average Spread EUR/USD - Standard | 1.5 | N/A |
| All-in Cost EUR/USD - Active | 1.5 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | 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 Plus500 and Libertex (Forex Club) based on their range of investments, several key differences emerge. Plus500 stands out with an impressive 5,500 tradeable symbols, far surpassing Libertex's offering of 300 symbols. This broad spectrum includes 65 forex pairs at Plus500, compared to 51 available from Libertex. Additionally, Plus500 provides access to exchange-traded securities on both U.S. and international exchanges, allowing users to invest in well-known stocks like Apple and Vodafone directly. In contrast, Libertex does not offer this service, focusing instead on CFDs and cryptocurrency derivatives.
Beyond traditional investments, Plus500 and Libertex both cater to crypto enthusiasts by offering cryptocurrency derivatives. However, neither broker supports purchasing actual cryptocurrencies. A notable distinction is Libertex's feature of copy trading, a tool not available with Plus500. Given these differences, Plus500 garners a superior rating of 4.5 stars for its range of investments compared to Libertex's 3.5 stars, as reflected in their rankings of #24 and #53, respectively, out of 62 brokers evaluated by ForexBrokers.com.
| Feature |
Plus500
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 300 |
| Forex Pairs (Total) | 65 | 51 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 it comes to comparing Plus500 and Libertex (Forex Club) for their trading platforms and tools, both brokers have their strengths. Plus500, known for its user-friendly interface, offers a free virtual demo account for simulated trading and provides a proprietary web-based platform that appeals to traders who prefer browser accessibility. However, Plus500 lacks Windows-based desktop downloads and popular tools like MetaTrader 4 and 5, as well as features such as copy trading. Its charting capabilities are solid with 22 drawing tools, and it supports up to 10 columns for watch lists, comfortably accommodating diverse trading strategies.
Libertex, on the other hand, offers a more versatile approach to trading platforms and tools. In addition to a web-based platform, it provides a Windows desktop download, allowing a broader range of trading experiences. Traders can enjoy the benefits of copy trading and access to MetaTrader 4, enhancing the trading experience. However, Liberation's proprietary platform, while solid, receives a slightly lower rating compared to Plus500. Although it offers fewer columns for watch lists, Libertex makes up for it with more drawing tools (30) and the ability to trade directly from stock charts. Despite its lower ranking by ForexBrokers.com, Libertex's diverse toolset and features cater to traders seeking flexibility and enhanced trading options.
| Feature |
Plus500
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 114 | 15 |
| Charting - Drawing Tools (Total) | 22 | 30 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Plus500 and Libertex offer mobile apps for iPhone and Android users, ensuring you can trade while on the go. These apps provide essential features such as stock/forex price alerts and the convenience of watchlist symbol syncing, which seamlessly syncs watchlists between mobile and online accounts. Whether you need to draw trendlines or view multiple time frames on stock or forex charts, both apps support these functionalities. However, if you're looking for an app with a wider range of technical studies, Plus500 stands out, offering 110 compared to Libertex's 30.
Both trading apps allow users to create watchlists with real-time quotes, but note that neither saves drawings automatically. In terms of user rating, Plus500 edges ahead with a 4.5-star rating compared to Libertex's 4-star rating. Additionally, Plus500 is ranked 14th out of 62 brokers for mobile trading apps by ForexBrokers.com, while Libertex is positioned at 48th. Overall, Plus500 may be the more robust choice for those prioritizing a wide range of technical tools and top-tier app ranking, while Libertex still offers a solid mobile trading experience.
| Feature |
Plus500
|
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 | 110 | 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 the market research capabilities of Plus500 and Libertex (Forex Club), several differences emerge. Plus500 provides daily market commentary and a sentiment-based trading tool that offers insights into long and short positions. Additionally, Plus500 benefits users with technical analysis tools from Trading Central and also includes an economic calendar to keep investors informed about global news events. Despite not offering forex news from top-tier sources, Plus500 secures a commendable Research rating of 4.0 stars and is ranked #19 out of 62 brokers by ForexBrokers.com.
On the other hand, Libertex does not offer daily market commentary or sentiment-based trading tools, which might limit insight for traders relying on such resources. However, it does stand out by providing forex news from top-tier providers like Bloomberg and Reuters. While Libertex also offers an economic calendar, it lacks tools from companies like Autochartist and Trading Central. Consequently, it is rated 3 stars in Research and is positioned at #60 out of 62 brokers according to ForexBrokers.com, indicating a gap in comprehensive research offerings compared to Plus500.
| Feature |
Plus500
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | 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 Plus500 and Libertex (Forex Club) for educational offerings to those just starting in trading, there are a few key differences. Plus500 provides a wealth of resources for beginners, including a significant number of educational pieces focused on forex and CFDs. They also offer the advantage of monthly webinars, which are geared towards enhancing learning with live interactive sessions. Furthermore, Plus500 maintains a searchable archive of these sessions, making it easy for users to revisit past content. Those seeking beginner-oriented video content will find Plus500 to be highly supportive, offering over ten videos designed specifically for new traders.
In contrast, Libertex also offers a foundational level of forex and CFDs education with various materials. However, it lacks the regular interactive webinar sessions that Plus500 delivers, along with an accessible archive of past webinars. While there are fewer beginner-specific videos, Libertex does offer a series of advanced videos for those looking to refine existing skills. Both platforms do not have a comprehensive investor dictionary. Ratings in educational quality slightly favor Plus500, which scores 4.0 stars and ranks higher at 31 out of 62 brokers, compared to Libertex’s 3-star rating and rank at 57.
| Feature |
Plus500
|
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) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Plus500 is better than Libertex (Forex Club). Plus500 finished with an overall rank of #14, while Libertex (Forex Club) finished with an overall rank of #60.
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.
| Feature |
Plus500
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 73 |
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Both Plus500 and Libertex (Forex Club) do not facilitate the purchase of actual (delivered) cryptocurrency, but they do offer the opportunity to invest in cryptocurrency derivatives.
When comparing online brokers, Plus500 provides flexible account funding options such as PayPal, Skrill, Visa/Mastercard, and bank wires, but lacks ACH or SEPA transfer capabilities, while Libertex (Forex Club) offers ACH, SEPA, PayPal, Skrill, and bank wires, yet does not support Visa or Mastercard transactions.
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 | Plus500 | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Plus500 Review |
| Broker Screenshots | Plus500 | Libertex (Forex Club) | |
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| Regulation | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 99 | 73 | |
| Year Founded | 2008 | 1997 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 6 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 300 | |
| Forex Pairs (Total) | 65 | 51 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.5 | N/A | |
| All-in Cost EUR/USD - Active | 1.5 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Plus500 | 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 | No | Yes |
| Trading Platforms | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 10 | 7 | |
| Charting - Indicators / Studies (Total) | 114 | 15 | |
| Charting - Drawing Tools (Total) | 22 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | 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 | 110 | 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 | Plus500 | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | 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) | No | No |
| Major Forex Pairs | Plus500 | 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 | Plus500 Review |
| Overall | Plus500 | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Plus500 Review |
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