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 XM Group offers standard account spreads that tend to be on the expensive side, and unfortunately, they do not publish average spreads for their commission-based XM Zero account.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.
When comparing XM Group to Libertex (Forex Club) in terms of trading platforms and tools, both brokers offer impressive options that cater to diverse needs. Both provide free virtual demo accounts, allowing traders to practice without financial risk. However, while XM Group relies on established platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), Libertex stands out with its proprietary platform, ensuring a unique trading experience for its users. Both brokers offer downloadable platforms for Windows and web-based browser platforms for convenience. Additionally, both support copy trading, broadening their appeal to traders who prefer following expert strategies. Despite these similarities, XM Group’s option for MT5 gives it a slight edge for those seeking the most up-to-date MetaTrader version.
When it comes to trading features, both XM Group and Libertex allow trading directly from stock charts and provide users with watch lists containing seven columns. Although neither supports DupliTrade or ZuluTrade, they compensate with interesting charting options: XM Group offers 15 drawing tools while Libertex provides twice that number, with 30 drawing tools. Both brokers have ratings of 4 stars for their trading platforms and tools, indicating customer satisfaction. Yet, XM Group ranks higher at 31st out of 62 brokers on ForexBrokers.com, compared to Libertex’s 50th position, potentially making XM Group the preferred choice for those prioritizing platform rankings.
| 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 (Forex Club) provide user-friendly mobile apps for iPhone and Android devices, making it easy for traders to manage their accounts on the go. These apps are equipped with essential features such as stock and forex price alerts and synchronized watchlists, ensuring seamless transitions between mobile and online platforms. Each app offers 30 technical studies for charting, allows users to draw trendlines, and supports multiple time frames like daily, weekly, and intraday views. However, neither app auto-saves drawings on charts, which could be a minor drawback for some traders seeking this specific functionality.
While both XM Group and Libertex deliver real-time quote watchlists, there are some distinctions in rankings that may inform your choice. XM Group is rated 4 out of 5 stars and holds the 29th spot among 62 brokers for its mobile trading app, according to ForexBrokers.com. Libertex, sharing the same 4-star rating, is slightly lower in the rankings at 49th place. Whether you prioritize comprehensive charting tools or syncing capabilities, either app provides a solid platform for mobile trading needs.
| 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 |
|
|
| Trust Score | 88 | 73 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 88 | 73 | |
| Winner | check_circle | ||
| Review | XM Group Review |
| Broker Screenshots | XM Group | Libertex (Forex Club) | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| 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) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 88 | 73 | |
| Winner | check_circle | ||
| Review | XM Group Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill