Written by ForexBrokers.com
In this head to head comparison of RoboForex 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.
When comparing online brokers RoboForex and Libertex, both hold a similar stance in the trading industry. RoboForex, established in 2009, and Libertex, founded in 1997, are neither publicly traded nor function as banks. Each broker secures a Tier-1 license, which indicates a high level of trustworthiness. This similar regulatory backbone ensures that both are reliable options for traders.
Regarding trust, both brokers have achieved a Trust Score of 73 out of 99 from ForexBrokers.com, positioning them as average risk options. This rating suggests a moderate level of security and reliability in their services. These brokers do not hold any Tier-2 licenses, which align with the understanding of their current trust ratings in the forex trading community. Whether you choose RoboForex or Libertex, you can anticipate regulated services combined with a balanced level of trust.
| Feature |
RoboForex
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2009 | 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 | 2 | 0 |
When comparing commissions and fees, RoboForex and Libertex (Forex Club) offer different experiences for traders. RoboForex features an average spread of 1.3 pips for EUR/USD on its Procent and Pro accounts, which is considered on the higher side. On the other hand, Libertex does not provide specific average spread data, leaving some uncertainty for traders regarding potential costs.
In terms of ratings, RoboForex earns a 3.5-star rating for its commissions and fees, indicating a relatively satisfactory experience for its users. Libertex lags slightly behind with a 3-star rating, reflecting room for improvement in providing transparency and value.
When ranked among 62 brokers by ForexBrokers.com for their Commissions and Fees category, RoboForex secures the #54 spot. Meanwhile, Libertex ranks lower at #61, suggesting that RoboForex might be the better choice for traders focusing on minimizing costs and maximizing value.
| Feature |
RoboForex
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $100 | $10 |
| Average Spread EUR/USD - Standard | 1.3 | N/A |
| All-in Cost EUR/USD - Active | N/A | 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.
RoboForex and Libertex (Forex Club) both offer forex trading as a CFD or spot contract, providing flexibility for traders. RoboForex boasts an impressive 8,400 tradeable symbols, significantly more than Libertex's 300 offerings. However, when it comes to tradeable forex pairs, Libertex edges out with 51 pairs compared to RoboForex's 28. Despite neither platform offering exchange-traded securities on U.S. or international exchanges, users can engage in copy trading on both, as well as trade cryptocurrency derivatives rather than actual cryptocurrencies.
In terms of overall investment range satisfaction, RoboForex earns a high rating of 4.5 stars, placing it 20th among 62 brokers in this category. Libertex, with its 3.5-star rating, ranks 53rd, reflecting a narrower selection. Both platforms provide diverse trading options, but RoboForex's extensive array of symbols positions it as a better choice for those seeking variety.
| Feature |
RoboForex
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8400 | 300 |
| Forex Pairs (Total) | 28 | 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.
RoboForex and Libertex (Forex Club) both offer a range of trading platforms and tools that cater to different trader preferences. RoboForex provides a virtual demo account, although it lacks a proprietary platform developed in-house. Despite this, it offers compatibility with widely-used platforms like MetaTrader 4 and 5, accessible through both desktop and web-based interfaces. For traders interested in copy trading, RoboForex does provide such capabilities, although it doesn't support DupliTrade or ZuluTrade. Additionally, RoboForex offers the ability to trade directly from stock charts and provides seven columns for watch lists, securing a 4-star rating for its trading platforms and tools.
On the other hand, Libertex (Forex Club) distinguishes itself by offering a proprietary platform alongside a free virtual demo account. While it supports MetaTrader 4, MetaTrader 5 is not available. Libertex also offers both desktop and web-based trading options, with features like copy trading accessible to its users. Just like RoboForex, it does not support DupliTrade or ZuluTrade, yet it excels with 30 charting drawing tools, compared to RoboForex's 15. Similar to RoboForex, it allows trading directly from stock charts and comes with a 4-star rating for its trading platforms and tools. However, in the rankings by ForexBrokers.com, RoboForex edges out, ranking 43rd compared to Libertex's 50th.
| Feature |
RoboForex
|
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 | 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 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of RoboForex and Libertex (Forex Club), both brokers cater to iPhone and Android users with accessible platforms for trading. They provide essential features such as stock and forex price alerts, the ability to draw trendlines on charts, and access to multiple time frames, making them flexible choices for traders on the go. However, a notable distinction lies in watchlist syncing; while Libertex enables seamless syncing between its mobile app and online accounts, RoboForex lacks this feature. This difference could influence traders who value synchronized updates across devices.
In terms of charting capabilities, both apps offer an equal number of technical studies, totaling 30. While RoboForex automatically saves drawings on charts, this feature is absent in the Libertex app. Both platforms allow the creation of watchlists with real-time quotes, enhancing the user experience while tracking market movements. Rated equally at 4 out of 5 stars for mobile trading, the rankings by ForexBrokers.com position RoboForex slightly higher at 43rd, compared to Libertex's 48th place. These rankings reflect user satisfaction and feature robustness, providing a quick snapshot of where each broker stands in the mobile trading landscape.
| Feature |
RoboForex
|
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 | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing RoboForex and Libertex (Forex Club) for market research offerings, there are notable differences. RoboForex provides daily market commentary, offering frequent updates beneficial for traders seeking timely insights, while Libertex does not. Both brokers deliver forex news from esteemed sources like Bloomberg and Reuters, ensuring access to reliable information. For those interested in technical analysis, RoboForex stands out with tools from Trading Central, which are absent in Libertex's offerings. Sentiment-based trading tools are not available from either broker, nor do they offer research from TipRanks.
Acuity Trading tools, such as Signal Centre, are accessible through RoboForex, giving traders another layer of decision-making support, which Libertex lacks. Economic calendars are available on both platforms, keeping traders aware of significant global events. Overall, RoboForex earns a 3.5 out of 5 stars for research, ranking 37th out of 62 brokers on ForexBrokers.com. In comparison, Libertex holds a slightly lower rating of 3 stars, positioned at 60th in the same research category. These distinctions make RoboForex a more appealing choice for those prioritizing comprehensive market analysis capabilities.
| Feature |
RoboForex
|
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 | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners in forex or CFDs, Libertex (Forex Club) has a slight edge over RoboForex. Libertex offers at least ten educational materials focusing on forex or CFDs, which can include articles and videos. In contrast, RoboForex falls short in this category. However, neither platform provides online educational webinars or a searchable archive of previously recorded sessions, which could limit learning opportunities for those starting their trading journey.
For beginners seeking video content specifically tailored to basic trading concepts, both RoboForex and Libertex currently lack in this area. When it comes to advanced traders, Libertex offers some educational video content, whereas RoboForex does not provide similarly advanced material. Additionally, neither broker offers an investor dictionary with a broad range of definitions, which might be a useful tool for newbie traders. On ForexBrokers.com, RoboForex slightly outranks Libertex in education, being rated 3.5 stars and ranked 56 out of 62 brokers, compared to Libertex's 3-star rating and 57th place ranking. While neither is at the top of their class for educational offerings, these ratings indicate RoboForex may provide slightly better educational content overall.
| Feature |
RoboForex
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | 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 RoboForex is better than Libertex (Forex Club). RoboForex finished with an overall rank of #46, while Libertex (Forex Club) finished with an overall rank of #60.
RoboForex (RoboMarkets in the EU) has amassed 12,000 symbols that you can trade across its MetaTrader and cTrader platforms, as well as a stock trading app. That said, with just a few regulatory licenses, the RoboForex and its RoboMarkets brands trail behind the best forex brokers when it comes to their Trust Score.
| Feature |
RoboForex
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Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 73 | 73 |
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Both RoboForex and Libertex (Forex Club) provide options to buy cryptocurrency derivatives, though neither platform offers the ability to purchase actual delivered cryptocurrencies directly.
Both RoboForex and Libertex (Forex Club) provide a range of deposit and withdrawal options including ACH, SEPA, PayPal, and Skrill, with RoboForex also supporting Visa and Mastercard, while Libertex does not offer this option and both platforms allow for bank wire 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 | RoboForex | Libertex (Forex Club) | |
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| Trust Score | 73 | 73 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
| Broker Screenshots | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 73 | 73 | |
| Year Founded | 2009 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | RoboForex | 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). | Yes | Yes |
| Tier-2 Licenses (Trusted) | RoboForex | 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 | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8400 | 300 | |
| Forex Pairs (Total) | 28 | 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 | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | RoboForex | 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 | RoboForex | 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 | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | RoboForex | 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 | RoboForex | 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 | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | RoboForex | 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 | No | No | |
| Economic Calendar | Yes | Yes |
| Education | RoboForex | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | RoboForex | 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 | RoboForex Review |
| Overall | RoboForex | Libertex (Forex Club) | |
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| Trust Score | 73 | 73 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
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