Written by ForexBrokers.com
In this head to head comparison of Trade Nation 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.
Trade Nation, established in 2014, is an online broker known for its high level of trustworthiness, as evidenced by its Trust Score of 85 out of 99 from ForexBrokers.com. With two Tier-1 licenses and one Tier-2 license, Trade Nation is considered a trusted platform for online trading. Not publicly traded and not operating as a bank, Trade Nation offers a reliable option for traders who prioritize regulatory oversight and security.
In contrast, Libertex (Forex Club) has been in operation since 1997 and holds a Trust Score of 73, placing it in the average risk category. Unlike Trade Nation, Libertex has only one Tier-1 license and does not possess any Tier-2 licenses, which could be a consideration for those interested in regulatory backing. Like Trade Nation, Libertex is also neither publicly traded nor a banking institution, providing another alternative for traders seeking established online trading platforms.
| Feature |
Trade Nation
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2014 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
When comparing Trade Nation to Libertex (Forex Club) in terms of commissions and fees, Trade Nation stands out with a straightforward pricing structure. Trade Nation offers competitive fixed spreads across all tradeable symbols on its proprietary platform and provides variable-spread pricing on its MetaTrader platform. For the highly traded EUR/USD pair, Trade Nation maintains a fixed spread of 0.6 pips, which may widen to 1.4 pips during the rollover period, adjusting the average spread closer to 1 pip. Trade Nation's approach includes three primary account types, highlighting the flexibility between its MetaTrader accounts—one of which is commission-based with $3.50 per side—and its TN Trader account, known for offering lower spreads and competitive all-in costs. Trade Nation shines with a 5-star rating for commissions and fees and an impressive #7 ranking out of 62 brokers by ForexBrokers.com.
In contrast, Libertex (Forex Club) does not provide specific average spread data, making direct comparisons challenging. However, the available information suggests Libertex lags behind Trade Nation significantly in competitive pricing. ForexBrokers.com ranks Libertex near the bottom at #61 for commissions and fees, with a moderate 3-star rating. These standings indicate that while Libertex may offer certain conveniences, it does not match Trade Nation's transparent and favorable fee structure.
Overall, Trade Nation presents a more appealing choice for traders seeking predictable and transparent pricing with its fixed spread system, versatile account options, and better ranking. Libertex, while providing its own unique offerings, doesn't quite match the favorable terms set by Trade Nation and reflects this in its lower star rating and ranking within the industry. For traders focused on cost efficiency, Trade Nation's consistent performance in this category makes it a more attractive option.
| Feature |
Trade Nation
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 0.6 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | 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 it comes to the range of investments offered, both Trade Nation and Libertex (Forex Club) provide an opportunity for forex trading, offering it as a Contract for Difference (CFD) or spot contract. Trade Nation has an edge with 1,000 tradeable symbols compared to 300 offered by Libertex. However, Libertex offers slightly more tradeable forex pairs with 51, while Trade Nation provides access to 46 pairs. Neither broker allows clients to buy exchange-traded securities like Apple or Vodafone shares directly on U.S. or international exchanges. Both platforms support cryptocurrency derivatives, but do not offer actual cryptocurrency purchases. Additionally, both Trade Nation and Libertex offer copy trading features for users interested in mirroring the trades of experienced investors.
Despite offering a commendable variety of investment options, both brokers are equally rated at 3.5 stars for their range of investments. However, Trade Nation is slightly ahead in the ForexBrokers.com ranking, securing the 38th spot, while Libertex (Forex Club) occupies the 53rd position out of 62 brokers. This indicates that while both have their advantages, users may lean towards Trade Nation for its greater number of tradeable symbols.
| Feature |
Trade Nation
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 300 |
| Forex Pairs (Total) | 46 | 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.
Trade Nation and Libertex (Forex Club) both offer comprehensive trading platforms with options for simulated trading through virtual demo accounts, letting traders practice without financial risk. Each broker provides a proprietary platform developed in-house, alongside a Windows-based desktop platform and a web-based option. Both brokers support MetaTrader 4 (MT4) but do not offer MetaTrader 5 (MT5), DupliTrade, or ZuluTrade. Copy trading services are available from both, allowing traders to replicate the strategies of experienced investors. However, Libertex stands out with the ability to trade directly from stock charts, a feature not available with Trade Nation.
When it comes to charting, Trade Nation offers 39 drawing tools compared to Libertex's 30, although the number of technical indicators is unspecified for both brokers. For creating watch lists, Trade Nation provides 14 columns for fields, offering more customization than Libertex, which offers seven. Both brokers have received a 4-star rating for their trading platforms and tools. According to ForexBrokers.com, Trade Nation ranks 44th out of 62 in this category, while Libertex holds the 50th spot, indicating a slightly better overall standing for Trade Nation.
| Feature |
Trade Nation
|
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) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 115 | 15 |
| Charting - Drawing Tools (Total) | 39 | 30 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 14 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Trade Nation and Libertex (Forex Club) provide mobile trading apps for iPhone and Android devices, making them accessible to a wide range of users. Each app allows traders to stay updated with stock or forex price alerts and offers watchlist symbol syncing, ensuring a seamless experience between mobile and online accounts. In terms of charting tools, Trade Nation stands out, offering 99 technical studies compared to Libertex's 30. Both platforms support drawing trendlines and viewing various time frames on charts, but only Trade Nation’s app automatically saves chart drawings.
Creating a watchlist with real-time quotes is possible on both mobile apps, offering traders up-to-date information at their fingertips. In terms of ratings, both apps score 4 out of 5 stars for mobile trading. However, ForexBrokers.com ranks Trade Nation at 45th and Libertex at 49th out of 62 brokers for their mobile trading app offerings. These rankings and features make each platform suitable for traders with different needs and preferences.
| Feature |
Trade Nation
|
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 | 99 | 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 Trade Nation and Libertex (Forex Club) for market research features, distinct differences emerge. Trade Nation stands out with its daily market commentary, providing timely insights for traders, although both platforms share access to forex news from top-tier sources such as Bloomberg and Reuters. Trade Nation takes an edge with a sentiment-based trading tool, allowing traders to see the ratio of long and short positions across currency pairs. Additionally, it offers research tools from Acuity Trading for enhanced signal analysis, which Libertex lacks.
In contrast, Libertex highlights its strength with an economic calendar that keeps users updated on global news events, a feature absent in Trade Nation. However, neither broker provides technical analysis tools from companies like Autochartist or Trading Central, nor do they offer market research from TipRanks. With a research rating of 3.5 stars, Trade Nation is positioned higher at #42 among 62 brokers reviewed by ForexBrokers.com, while Libertex holds a rating of 3 stars and ranks at #60, illustrating Trade Nation's lead in research offerings.
| Feature |
Trade Nation
|
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 | No | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners between Trade Nation and Libertex (Forex Club), both platforms provide a selection of materials focused on forex and CFDs. Each offers over ten educational pieces, including articles and videos, to help users understand the basics of trading. However, when looking more closely at offerings specifically tailored for beginners, Trade Nation stands out by providing at least ten educational videos geared toward new traders, whereas Libertex does not. For those who prefer learning through webinars, it's worth noting that neither broker hosts monthly educational webinars or provides access to archives of recorded sessions.
Trade Nation further distinguishes itself with an extensive investor dictionary that covers over fifty investing terms, a resource that is not available with Libertex. This added tool helps newcomers gain a better grasp of crucial terminology used in trading. Each brokerage is rated on their educational efforts, with Trade Nation receiving 3.5 stars compared to Libertex's 3 stars. According to ForexBrokers.com's ranking in the Education category, Trade Nation is positioned at #41 out of 62 brokers, ahead of Libertex, which is ranked at #57. This suggests that while both brokers are committed to education, Trade Nation offers more comprehensive resources for those just starting their trading journey.
| Feature |
Trade Nation
|
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 Trade Nation is better than Libertex (Forex Club). Trade Nation finished with an overall rank of #34, while Libertex (Forex Club) finished with an overall rank of #60.
Trade Nation’s well-designed, easy-to-use trading app is an innovative trading platform that’s great for beginner forex and CFD traders. However, if you’re a seasoned trader, you may find that Trade Nation lacks advanced features compared to the best trading platforms.
| Feature |
Trade Nation
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 73 |
| Range of Investments |
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| Commissions & Fees |
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Both Trade Nation and Libertex (Forex Club) do not offer the ability to buy actual delivered cryptocurrency, but they do provide options to trade cryptocurrency derivatives.
When comparing the online brokers Trade Nation and Libertex (Forex Club), Trade Nation allows deposits and withdrawals via Skrill, Visa or Mastercard, and bank wires, but lacks support for ACH, SEPA, and PayPal, whereas Libertex (Forex Club) provides options for ACH, SEPA, PayPal, Skrill, and bank wires but does not accept 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 | Trade Nation | Libertex (Forex Club) | |
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| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
| Broker Screenshots | Trade Nation | Libertex (Forex Club) | |
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| Regulation | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 85 | 73 | |
| Year Founded | 2014 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | Trade Nation | 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 | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 300 | |
| Forex Pairs (Total) | 46 | 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 | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | No | 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 | Trade Nation | 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) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Trade Nation | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 14 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 15 | |
| Charting - Drawing Tools (Total) | 39 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | 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 | 99 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | No | Yes |
| Research | Trade Nation | 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 | No | Yes |
| Education | Trade Nation | 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 | Trade Nation | 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 | Trade Nation Review |
| Overall | Trade Nation | Libertex (Forex Club) | |
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| Trust Score | 85 | 73 | |
| Winner | check_circle | ||
| Review | Trade Nation Review |
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