Written by ForexBrokers.com
In this head to head comparison of XM Group 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 evaluating online brokers, XM Group and Libertex offer distinct profiles in terms of trust and regulatory oversight. XM Group, established in 2009, holds a strong reputation with a ForexBrokers.com Trust Score of 88, indicating a high level of trust. This score is supported by its four Tier-1 licenses and one Tier-2 license, reflecting a solid regulatory framework. On the other hand, Libertex (Forex Club), founded in 1997, has a Trust Score of 73, categorized as average risk. It maintains a single Tier-1 license without any Tier-2 licenses, suggesting more limited regulatory backing.
While neither XM Group nor Libertex is publicly traded or operates as a bank, their regulatory distinctions are noteworthy for potential clients prioritizing trust and compliance. XM Group’s multiple licenses from top-tier authorities contribute to its higher trust score, positioning it as a more secure choice for traders seeking peace of mind. In contrast, Libertex’s lower trust score and limited licensing indicate an area for potential improvement for those focused on stringent regulatory adherence.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2009 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing online brokers XM Group and Libertex (Forex Club) based on commissions and fees, XM Group takes the lead with better ratings and rankings. XM Group offers standard account spreads that tend to be on the expensive side, and unfortunately, they do not publish average spreads for their commission-based XM Zero account. However, XM Group still manages to secure a 4-star rating out of 5 for commissions and fees, ranking them 33rd out of 62 brokers according to ForexBrokers.com.
On the other hand, Libertex (Forex Club) does not provide average spread data, which might make it challenging for potential users to get a clear picture of potential trading costs. Due to this lack of transparency and additional factors, Libertex (Forex Club) receives a slightly lower rating of 3 stars out of 5 for commissions and fees. This places them at a less favorable rank of 61 out of 62 brokers in the same category.
The clear difference in ratings and rankings underscores XM Group’s better positioning in terms of commissions and fees compared to Libertex (Forex Club), offering users a potentially more cost-effective and transparent trading experience.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $5 | $10 |
| Average Spread EUR/USD - Standard | 1.6 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | 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 comparing XM Group to Libertex (Forex Club) in terms of investment opportunities, XM Group stands out with a significantly larger offering. With 1394 tradeable symbols, including 55 forex pairs, it provides a broad spectrum of choices for traders. In contrast, Libertex (Forex Club) offers 300 symbols and 51 forex pairs, delivering a more limited selection. Both brokers support forex trading as CFDs or spot contracts, as well as cryptocurrency derivatives, but neither allows the purchase of actual cryptocurrencies. Furthermore, while both platforms support copy trading, XM Group offers exchange-traded securities on both U.S. and international exchanges, a feature not available with Libertex.
Regarding range of investments, XM Group receives a rating of 4.5 stars, underscoring its extensive array of products, whereas Libertex earns a 3.5-star rating. In the rankings by ForexBrokers.com, XM Group is placed 23rd out of 62 brokers for its range of investments, reflecting its broader market access. Meanwhile, Libertex is positioned at 53rd, indicating a less expansive offering. Overall, XM Group provides a more comprehensive selection for those seeking diversely ranged investment options compared to Libertex.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 300 |
| Forex Pairs (Total) | 55 | 51 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | 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.
Both XM Group and Libertex (Forex Club) offer a wide range of trading platforms and tools to meet traders' needs. Traders can experience the market risk-free as both brokers provide free virtual demo accounts. XM Group does not offer a proprietary platform developed in-house, but it allows trading through well-known platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). On the other hand, Libertex provides its custom-built trading platform along with MetaTrader 4, but it doesn't support MetaTrader 5. Both brokers have Windows-based desktop platforms and web-based platforms, making accessibility convenient for traders.
When it comes to enhanced trading features, both XM Group and Libertex support copy trading, letting users replicate the strategies of successful traders. They also allow trading directly from stock charts, enhancing the user experience. XM Group offers 15 drawing tools for chart analysis, while Libertex surpasses that with 30 drawing tools. Each broker offers seven columns for watch lists, providing ample room for traders to track their assets. Although both received a respectable 4 out of 5 stars for their trading platforms and tools, XM Group is ranked higher at 30th place compared to Libertex, which is ranked 50th out of 62 brokers according to ForexBrokers.com.
| Feature |
XM Group
|
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 XM Group and Libertex offer convenient mobile trading apps, available for iPhone and Android users. Their apps provide essential features such as stock and forex price alerts, real-time watchlist creation, and comprehensive access to technical studies, with each platform offering up to 30 different options for chart analysis. Additionally, they facilitate seamless account management by syncing watchlist symbols between the mobile app and the online account, ensuring that adjustments are mirrored across platforms. While users can draw trendlines and view various time frames on their mobile charts, it's important to note that neither app saves these drawings automatically.
In terms of user ratings and industry standings, XM Group and Libertex both earn a commendable 4-star rating for their mobile trading apps. However, there is a clear distinction in their industry rankings; XM Group holds the #27 spot among 62 brokers as per ForexBrokers.com, while Libertex ranks at #48. This difference might be a key factor for users deciding between these two brokers, though both deliver capable and user-friendly mobile trading experiences for bite-sized investment managing on the go.
| Feature |
XM Group
|
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 | 30 | 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 XM Group and Libertex (Forex Club) for market research offerings, XM Group clearly stands out. Unlike Libertex, XM Group provides daily market commentary, offering traders consistent insights into market movements. Both brokers deliver forex news from recognized sources like Bloomberg and Reuters, ensuring traders stay informed. However, XM Group distinguishes itself with its technical analysis tools, as it integrates advanced research tools from Trading Central, which are not available with Libertex.
Moreover, XM Group offers a sentiment-based trading tool, showcasing market positioning in various instruments, a feature absent in Libertex's platform. Both brokers offer economic calendars to track global news events, but XM Group’s comprehensive research capabilities give it the edge. This advantage is highlighted in their research ratings, with XM Group receiving a commendable 5 out of 5 stars, ranking 8th among 62 brokers, while Libertex lags behind with 3 stars and a 60th place ranking.
| Feature |
XM Group
|
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 | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
XM Group and Libertex (Forex Club) both provide educational content focused on forex or CFDs, offering more than ten resources like articles and videos. However, XM Group offers additional opportunities for learning through monthly online webinars, an archived collection of past webinars, and over ten educational videos tailored for beginners, making it particularly beneficial for those new to trading. On the other hand, Libertex lacks monthly webinars and a comprehensive beginners' video series, which might limit resources for new traders looking to deepen their understanding.
For traders seeking more advanced learning materials, both XM Group and Libertex offer over ten videos dedicated to advanced trading topics. Despite this similarity, XM Group shines with its more interactive and varied educational offerings, earning it a higher rating of five stars compared to Libertex’s three stars. XM Group's superior educational resources are further reflected in its ranking as #7 out of 62 brokers by ForexBrokers.com, significantly outperforming Libertex, which ranks at #57 in the same category.
| Feature |
XM Group
|
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 XM Group is better than Libertex (Forex Club). XM Group finished with an overall rank of #17, while Libertex (Forex Club) finished with an overall rank of #60.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 88 | 73 |
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Both XM Group and Libertex (Forex Club) do not provide options for purchasing actual delivered cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
When comparing XM Group and Libertex (Forex Club) for forex and CFD trading, XM Group supports Skrill, Visa, Mastercard, and bank wires for transactions but lacks ACH, SEPA, and PayPal options, whereas Libertex (Forex Club) accepts ACH, SEPA, PayPal, Skrill, and bank wires but does not support 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 | XM Group | Libertex (Forex Club) | |
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| Trust Score | 88 | 73 | |
| Winner | check_circle | ||
| Review | XM Group Review |
| Broker Screenshots | XM Group | Libertex (Forex Club) | |
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| Regulation | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 88 | 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 | 4 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | XM Group | 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) | 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) | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 300 | |
| Forex Pairs (Total) | 55 | 51 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $5 | $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 | XM Group | 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 | XM Group | 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 | XM Group | 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 | 30 | 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 | XM Group | 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 | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | 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 | XM Group | 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 | XM Group Review |
| Overall | XM Group | Libertex (Forex Club) | |
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| Trust Score | 88 | 73 | |
| Winner | check_circle | ||
| Review | XM Group Review |
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