Written by ForexBrokers.com
In this head to head comparison of Tickmill 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.
Tickmill, established in 2014, and Libertex (Forex Club), founded in 1997, are two notable players in the online brokerage industry. Neither of these companies is publicly traded or operates as a bank, yet they both have distinct regulatory standings. Tickmill stands out with a ForexBrokers.com Trust Score of 86, indicating it is a trusted broker. It holds two Tier-1 licenses and two Tier-2 licenses, placing it comfortably within the trusted category.
On the other hand, Libertex (Forex Club) has been around longer but holds a slightly lower Trust Score of 73, classifying it as presenting an average risk according to ForexBrokers.com. It possesses one Tier-1 license but lacks Tier-2 licenses. Potential investors should weigh the trust rating and regulatory licenses as part of their decision-making process when choosing between these two brokers.
| Feature |
Tickmill
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2014 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing online brokers Tickmill and Libertex (Forex Club) in terms of commissions and fees, Tickmill stands out as a strong choice for traders, especially those with high trading volume or utilizing algorithmic trading. Tickmill offers two account types: the Classic account, which is completely commission-free but with higher average spreads at 1.76 pips as of August 2023, and the Raw account, which is characterized by highly competitive spreads and a per-trade commission of $3 per side. This makes the all-in cost for trades on the Raw account approximately 0.71 pips. Despite a recent increase in commissions, Tickmill maintains excellent status thanks to these low spreads and costs, with a star rating of 5 out of 5, and ranking #4 among 62 brokers according to ForexBrokers.com.
On the other hand, Libertex (Forex Club) does not provide average spread data, which could be challenging for traders who prioritize transparency in their cost structure. With a less favorable commissions and fees ranking of #61 out of 62 brokers and a star rating of 3 out of 5, Libertex may not be as appealing as Tickmill for cost-conscious traders. Tickmill's Raw account especially shines with its requirement of only a $100 minimum deposit, making it an inviting option for various levels of traders looking to minimize their transaction costs while trading high volumes or employing algorithmic strategies.
Overall, Tickmill's balance between competitive spreads, minimal entry barriers, and clear commission structure renders it more favorable compared to Libertex (Forex Club). While both brokers have their unique features, traders looking to make informed decisions with cost efficiency in mind might lean towards Tickmill due to its notable advantages in commissions and fees. This focus on cost-effectiveness is further emphasized by Tickmill's top-tier industry ranking and user ratings.
| Feature |
Tickmill
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $100 | $10 |
| Average Spread EUR/USD - Standard | 0.51 | N/A |
| All-in Cost EUR/USD - Active | 0.31 | 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 the range of investment options between Tickmill and Libertex (Forex Club), both platforms support forex trading through CFDs or spot contracts. Tickmill stands out with 725 tradeable symbols, compared to Libertex's 300. Specifically for forex pairs, Tickmill offers 63 pairs, surpassing the 51 pairs available with Libertex. Both brokers do not provide access to exchange-traded securities on U.S. or international exchanges, meaning you can't directly invest in stocks like Apple or Vodafone through either platform.
Tickmill and Libertex each offer copy trading features, allowing investors to replicate the trades of experienced traders. In the realm of cryptocurrencies, both brokers provide access to cryptocurrency derivatives but do not offer actual direct cryptocurrency purchases. Both brokers receive a rating of 3.5 out of 5 stars for their range of investments, although Tickmill is ranked 42nd out of 62 brokers by ForexBrokers.com, while Libertex is positioned at 53rd. This suggests Tickmill may offer a slightly broader range of investment options, despite the same rating as Libertex.
| Feature |
Tickmill
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 725 | 300 |
| Forex Pairs (Total) | 63 | 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.
When comparing the trading platforms and tools of Tickmill and Libertex (Forex Club), both brokers offer a solid foundation for traders. Tickmill and Libertex provide a free virtual demo account, making it easy for beginners to get started with simulated trading without any financial risk. However, a key difference arises in their platform offerings: while Tickmill does not have a proprietary platform, Libertex boasts its own in-house developed solution. Both brokers offer a Windows-based desktop platform and a web-based trading platform, ensuring flexibility and accessibility for traders across different devices.
For more advanced trading needs, both brokers feature popular MetaTrader support, though with a slight edge to Tickmill, which offers MetaTrader 4 as well as MetaTrader 5, whereas Libertex only supports MetaTrader 4. In terms of charting tools, Tickmill offers 15 drawing tools, while Libertex provides a more extensive set with 30 drawing tools. Despite these differences, both brokers are tied with 4-star ratings for their trading platforms and tools. While Tickmill ranks higher at #32 compared to Libertex at #50 out of 62 brokers reviewed by ForexBrokers.com, both platforms provide competitive features such as copy trading and the ability to trade directly from stock charts, and they meet the basic needs of most traders.
| Feature |
Tickmill
|
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.
Both Tickmill and Libertex (Forex Club) offer convenient trading experiences through their mobile apps, available for both iPhone and Android users. Traders can receive stock or forex price alerts on both platforms, ensuring they stay updated on market movements. When it comes to charting features, each app boasts 30 technical studies, and both allow trendline drawing and viewing multiple time frames on charts. However, Tickmill stands out with its ability to auto-save chart drawings, a feature not available with Libertex.
For watchlist management, Libertex provides the advantage of symbol syncing, enabling seamless updates between mobile apps and online accounts — a feature missing in Tickmill's app. Despite this, both apps allow the creation of watchlists with real-time quotes. Tickmill and Libertex both earn a solid 4-star rating for their mobile apps. Interestingly, when ranked by ForexBrokers.com, Tickmill secures the 31st position out of 62 brokers in the Mobile Trading Apps category, while Libertex ranks at 48th place, indicating a slight edge for Tickmill in overall mobile app performance.
| Feature |
Tickmill
|
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 the market research offerings of Tickmill and Libertex (Forex Club), several key differences emerge. Tickmill provides valuable daily market commentary, a feature absent from Libertex's offerings. Both brokers deliver forex news from prestigious sources like Bloomberg and Reuters, maintaining an informed client base. However, Tickmill stands out with a sentiment-based trading tool that reveals the ratio of long or short positions across various instruments, a resource not available with Libertex. Additionally, Tickmill utilizes Acuity Trading's research tools, a service that Libertex does not include.
Both brokers feature an economic calendar, ensuring traders stay updated on global news events, but Tickmill garners higher acclaim for its research capabilities, earning a four-star rating compared to Libertex's three stars. Tickmill's superior services are reflected in its higher ranking by ForexBrokers.com, securing the 21st position out of 62 brokers, while Libertex is positioned much lower at 60th. This comparison highlights Tickmill's more comprehensive approach to market research, offering traders a breadth of insights and tools to enhance their trading experience.
| Feature |
Tickmill
|
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) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners navigating forex and CFDs trading, Tickmill stands out with an impressive array of offerings. They provide more than ten high-quality educational materials such as articles, videos, and archived webinars focused on forex and CFDs. The availability of monthly webinars and a searchable archive of past sessions make it easy for learners to stay updated and revisit key concepts. Tickmill also prioritizes beginner education by offering a series of videos specifically tailored to newcomers in trading. In addition, their investor dictionary is a valuable resource, featuring definitions for over fifty investing terms. With these comprehensive resources, Tickmill earns a four-star rating for education and ranks 15th out of 62 brokers in this category on ForexBrokers.com.
Conversely, Libertex (Forex Club) provides over ten educational resources on forex and CFDs, but it falls short in several areas compared to Tickmill. Although they offer advanced educational videos for experienced traders, they lack the targeted beginner videos that many novices might find helpful. The absence of regular webinars and an archived library of recorded sessions may limit opportunities for ongoing learning and revision. Additionally, without an expansive investor dictionary, newcomers might find themselves searching elsewhere for definitions of key terms. Consequently, Libertex is rated three stars for education and is placed 57th out of 62 brokers on ForexBrokers.com.
| Feature |
Tickmill
|
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) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Tickmill is better than Libertex (Forex Club). Tickmill finished with an overall rank of #22, while Libertex (Forex Club) finished with an overall rank of #60.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
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Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 73 |
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Both Tickmill and Libertex (Forex Club) provide the ability to trade cryptocurrency derivatives, yet neither broker offers the option to purchase actual, delivered cryptocurrencies.
When comparing online brokers Tickmill and Libertex (Forex Club) for funding options, both provide PayPal and Skrill, while Tickmill uniquely offers Visa or Mastercard and bank wires, but not ACH or SEPA transfers, whereas Libertex is distinct in supporting ACH or SEPA transfers but lacks Visa or Mastercard availability, still supporting 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 | Tickmill | Libertex (Forex Club) | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
| Broker Screenshots | Tickmill | Libertex (Forex Club) | |
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| Regulation | Tickmill | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 86 | 73 | |
| Year Founded | 2014 | 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 | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | 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) | Tickmill | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | 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 | Tickmill | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 725 | 300 | |
| Forex Pairs (Total) | 63 | 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 | Tickmill | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.51 | N/A | |
| All-in Cost EUR/USD - Active | 0.31 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | 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 | Tickmill | 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 | Tickmill | 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 | Tickmill | 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 | Tickmill | 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 | Tickmill | 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) | Yes | No |
| Major Forex Pairs | Tickmill | 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 | Tickmill Review |
| Overall | Tickmill | Libertex (Forex Club) | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | Tickmill Review |
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