Written by ForexBrokers.com
In this head to head comparison of Spreadex 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.
Spreadex and Libertex (Forex Club) are well-regarded online brokers with a history dating back to 1999 and 1997, respectively. While neither company is publicly traded or operates as a bank, both hold a valuable Tier-1 license, indicating a high level of trustworthiness in the industry. Spreadex scores a 71 on the ForexBrokers.com Trust Score, marking it as average risk, whereas Libertex (Forex Club) slightly edges ahead with a score of 73, placing it similarly in the average risk category.
Although both brokers have earned Tier-1 licenses, a key factor of credibility, neither holds any Tier-2 licenses, which also contribute to a broker’s trusted status. For those deciding between these brokers, Spreadex and Libertex (Forex Club) offer comparable regulatory standing and trust ratings, ensuring a generally secure experience for users seeking reliable trading platforms.
| Feature |
Spreadex
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 1999 | 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 | 0 | 0 |
In the realm of online trading, Spreadex and Libertex (Forex Club) present distinct offerings in terms of commissions and fees. Spreadex stands out with its efficient pricing for the EUR/USD pair, boasting an average spread of 0.81 pips in January 2024. Impressively, it achieved a minimum spread of 0.6 pips 60% of the time during that month, showcasing competitive edge for frequent traders. In comparison, Libertex lacks detailed average spread data, making it harder for potential traders to gauge their expected trading costs.
When evaluated for their commissions and fees, Spreadex earns a commendable rating of 4 out of 5 stars. It is ranked 30th out of 62 brokers by ForexBrokers.com in this category, reflecting its superior cost-efficiency relative to many other options in the market. On the other hand, Libertex is rated with 3 stars for commissions and fees, trailing significantly behind its peers with a ranking of 61st place, signifying room for improvement in offering cost-effective trading solutions.
| Feature |
Spreadex
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 0.81 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | 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 Spreadex and Libertex (Forex Club) for their range of investments, it's evident that both platforms offer forex trading as CFDs or spot contracts. However, Spreadex stands out with a significantly larger selection of tradeable symbols, boasting 10,000 options compared to Libertex's 300. Both brokers offer a similar number of forex pairs, with Spreadex providing 52 pairs and Libertex featuring 51. Neither broker offers exchange-traded securities on U.S. or international exchanges, and they also do not provide the ability to purchase actual cryptocurrencies. However, they each support trading in cryptocurrency derivatives.
Despite the similarity in some offerings, Spreadex takes a commanding lead in terms of the range of investments, earning a 5-star rating and a #13 ranking from ForexBrokers.com, whereas Libertex holds a 3.5-star rating and is ranked #53. Additionally, Libertex distinguishes itself by offering copy trading, a feature not available with Spreadex. These differences highlight distinct advantages and choices for traders depending on their investment preferences and needs.
| Feature |
Spreadex
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 300 |
| Forex Pairs (Total) | 52 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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). | 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 Spreadex and Libertex (Forex Club) for trading platforms and tools, there are some notable differences that can influence your choice, depending on your needs. Spreadex provides its users with a proprietary web-based trading platform with the convenience of trading directly from stock charts. However, it lacks a Windows-based desktop platform and offers a moderate range of 11 drawing tools for charting but no paper trading feature for practice. In contrast, Libertex not only offers a proprietary platform but also supports the popular MetaTrader 4. It includes a Windows-based desktop platform, copy trading options, and the capacity for paper trading with a virtual demo account, while boasting 30 drawing tools for charting. Both brokers allow trading directly from stock charts, but Spreadex offers more columns for watch lists, with eight compared to Libertex's seven.
Evaluating both platforms further, users might find that Spreadex has a marginal lead with a #46 ranking by ForexBrokers.com for Trading Platforms and Tools, whereas Libertex is ranked at #50. Nevertheless, both brokers share an equal user rating of four stars out of five in the same category. These assessments suggest that while Spreadex provides a streamlined approach characteristic of offering a proprietary platform, Libertex's strength lies in its ability to cater to diverse trading styles with advanced tools such as MetaTrader 4, making it suitable for those looking for a more comprehensive trading toolkit.
| Feature |
Spreadex
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | No | 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) | 55 | 15 |
| Charting - Drawing Tools (Total) | 11 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Spreadex and Libertex (Forex Club) both offer impressive mobile trading apps compatible with iPhone and Android devices. Users of both apps can stay informed with stock or forex price alerts, and easily create watchlists with real-time quotes. Charting enthusiasts will appreciate that both platforms allow drawing trendlines and viewing multiple time frames on stock or forex charts. However, neither Spreadex nor Libertex automatically save chart drawings, potentially requiring manual adjustments for users keen on technical analysis.
Despite these similarities, there are some key differences. Libertex provides the added benefit of watchlist symbol syncing, ensuring consistent watchlists across both the mobile app and online account—a feature not offered by Spreadex. Additionally, Libertex users can access a robust library of 30 technical studies for in-depth chart analysis. Both platforms are well-received, each earning a four-star rating for their mobile trading apps. However, Libertex claims a slightly higher ranking, coming in at #48 out of 62 brokers compared to Spreadex’s #49.
| Feature |
Spreadex
|
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 | N/A | 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 offerings of Spreadex and Libertex (Forex Club), Spreadex clearly takes the lead with several additional features that cater to traders' needs. Spreadex provides daily market commentary, an aspect where Libertex falls short. Both brokers supply forex news from top-tier sources like Bloomberg and Reuters, ensuring traders stay informed with quality information. However, when it comes to sentiment-based trading tools, only Spreadex offers a feature that reveals the ratio of long or short positions across currency pairs, adding a valuable perspective for traders managing their strategies. Additionally, both platforms offer an economic calendar displaying global news events to aid informed decision-making.
In terms of overall research support, neither broker provides tools from companies like Autochartist, Trading Central, or Acuity Trading. Market research from TipRanks is also absent. Nonetheless, Spreadex receives a more favorable research rating of 4 stars compared to Libertex's 3 stars, as evaluated by ForexBrokers.com. This recognition is further reflected in their overall rankings, with Spreadex positioned at #31 out of 62 brokers, while Libertex finds itself at a distant #60. These differences highlight Spreadex's stronger emphasis on research tools and insights, making it a more appealing choice for those seeking comprehensive market analysis.
| Feature |
Spreadex
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | 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 offerings for beginners at Spreadex and Libertex, both online brokers provide a solid foundation with over 10 educational articles, videos, and other resources focused on forex and CFDs. However, the depth and focus of their educational content differ notably. Spreadex excels in beginner materials, offering over ten trading videos specifically designed for those new to investing. Additionally, Spreadex provides an investor dictionary with more than 50 terms, making it easier for beginners to understand complex investing language. In contrast, Libertex does not offer these beginner-focused materials or an investor dictionary, which could make it less approachable for those just starting out.
Both brokers fall short in offering live or archived webinars, which can be an invaluable resource for interactive learning. Spreadex has earned a higher education rating with four stars and holds a better educational rank at #45 out of 62 brokers according to ForexBrokers.com. On the other hand, Libertex is rated slightly lower at three stars and is ranked #57 in the same category. Despite this, Libertex offers a range of advanced videos covering intricate trading topics to cater to more experienced traders, an area where Spreadex has less to offer. Overall, beginners might find Spreadex more user-friendly due to its beginner-focused offerings, while experienced traders might appreciate the advanced content available through Libertex.
| Feature |
Spreadex
|
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 | 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 Spreadex is better than Libertex (Forex Club). Spreadex finished with an overall rank of #39, while Libertex (Forex Club) finished with an overall rank of #60.
Spreadex is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. Spreadex still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.
| Feature |
Spreadex
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 73 |
| Range of Investments |
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| Commissions & Fees |
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Both Spreadex and Libertex (Forex Club) allow investors to buy cryptocurrency derivatives, but neither offers the option to purchase actual delivered cryptocurrencies.
When comparing online brokers, Spreadex and Libertex (Forex Club) differ significantly in their fund transfer options; Spreadex supports bank wires and credit card transfers via Visa or Mastercard, while Libertex leads with a wider array of options, including ACH, SEPA, PayPal, and Skrill, although it lacks support for credit card 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 | Spreadex | Libertex (Forex Club) | |
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| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
| Broker Screenshots | Spreadex | Libertex (Forex Club) | |
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| Trading Platforms Gallery (click to expand) | |||
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| Research Gallery (click to expand) | |||
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| Regulation | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 71 | 73 | |
| Year Founded | 1999 | 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 | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Spreadex | 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). | No | Yes |
| Tier-2 Licenses (Trusted) | Spreadex | 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 | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 300 | |
| Forex Pairs (Total) | 52 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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). | 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 | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.81 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $0 | $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 | Spreadex | 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 | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 55 | 15 | |
| Charting - Drawing Tools (Total) | 11 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Spreadex | 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 | N/A | 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 | Spreadex | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Spreadex | 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 | No | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Spreadex | 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 | Spreadex Review |
| Overall | Spreadex | Libertex (Forex Club) | |
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| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
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