Written by ForexBrokers.com
In this head to head comparison of XTB 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.
XTB, founded in 2002, and Libertex (Forex Club), established in 1997, are both reputable online brokers in the financial market. XTB stands out with a high Trust Score rating of 96 out of 99, making it highly trusted based on ForexBrokers.com criteria. This Polish broker is publicly traded, which often indicates a level of transparency and accountability. In terms of regulatory licenses, XTB holds two Tier-1 licenses, considered highly trusted, and two Tier-2 licenses, denoting a trusted status. Although not a bank, its strong regulatory standing and market presence reflect a commendable trustworthiness.
In comparison, Libertex (Forex Club), with a Trust Score of 73 out of 99, is considered to pose an average risk. Unlike XTB, Libertex is not publicly traded, possibly affecting its transparency perception. The broker holds just one Tier-1 license and does not have any Tier-2 licenses, which may contribute to its lower trust rating. Despite these differences, Libertex remains a recognized entity in the forex trading world due to its long-standing establishment since 1997. Both brokers provide a non-banking alternative for trading activities, catering to the diverse needs of online investors.
| Feature |
XTB
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2002 | 1997 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
XTB and Libertex (Forex Club) are two online brokers renowned for their competitive pricing structures, but they differ significantly in their approach to commissions and fees. XTB offers two primary account types: a spread-only Standard account and a commission-based Professional account, though the Professional option is gradually being phased out. For retail forex traders, the Standard account is the preferred choice due to its cost-effectiveness for smaller trades, with average spreads on the EUR/USD at 1 pip in Q4 2023. XTB also offers an active trader discount program, the Lower Spread Group, which rebates a portion of the spread for those who trade large volumes.
In contrast, Libertex (Forex Club) does not provide specific average spread data, making a direct comparison challenging. However, the broker's overall ranking and star rating provide some insight into its pricing structure. Ranked 61st out of 62 brokers for commissions and fees by ForexBrokers.com, Libertex holds a rating of 3 out of 5 stars, indicating room for improvement. This contrasts with XTB, which is rated 4.5 stars and ranked 11th in the same category, reflecting its more competitive fee structure.
While XTB provides a more transparent and rewarding system for its users, specifically for active traders in the EU, Libertex might fall short in offering comparable commission and fee benefits. For traders prioritizing cost-effective trading solutions, XTB appears to offer a more favorable setup compared to Libertex, particularly when considering industry rankings and user ratings.
| Feature |
XTB
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average Spread EUR/USD - Standard | 1.00 | N/A |
| All-in Cost EUR/USD - Active | 1.00 | 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.
XTB and Libertex (Forex Club) both provide forex trading as CFDs or spot contracts, but when it comes to the range of investments, XTB stands out significantly by offering 7,184 tradeable symbols, compared to Libertex's 300. XTB also allows trading across 71 forex pairs, while Libertex provides 51 pairs. Notably, XTB grants access to exchange-traded securities on both U.S. and international exchanges, enabling clients to invest directly in companies like Apple and Vodafone, which is not available with Libertex. For those interested in cryptocurrency, both platforms offer cryptocurrency derivatives, though neither provides options for purchasing actual cryptocurrencies.
In terms of features, Libertex offers copy trading, which might appeal to those seeking to share or follow trading strategies, a feature not available with XTB. However, XTB's comprehensive range of investment options earns it a 5-star rating for the range of investments, positioning it 14th out of 62 brokers according to ForexBrokers.com. In contrast, Libertex's investment range receives a 3.5-star rating, landing it at the 53rd position in the same ranking. These distinctions make XTB a more versatile choice for those looking for a wider array of trading opportunities.
| Feature |
XTB
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 300 |
| Forex Pairs (Total) | 71 | 51 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | 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 XTB and Libertex (Forex Club) for their trading platforms and tools, both brokers provide traders with solid options. XTB and Libertex both offer simulated trading through free demo accounts, which is great for beginners looking to practice without financial risk. Each broker has developed its own proprietary platform, giving users the benefit of a customized experience. Both also cater to all kinds of traders with their Windows-based desktop and web-based platforms, ensuring flexibility in where and how you trade. However, a notable difference is that Libertex offers the MetaTrader 4 platform, a popular choice among traders, whereas XTB does not. If copy trading is important to you, then Libertex is the way to go as XTB doesn't offer this feature.
For technical analysis enthusiasts, XTB provides 32 drawing tools, slightly edging out Libertex, which offers 30. Both brokers enable users to trade directly from stock charts, enhancing convenience. XTB offers more customization for watch lists with eight columns, compared to Libertex's seven. In terms of overall industry recognition, XTB holds a higher ranking of 9th out of 62 brokers for trading platforms and tools, while Libertex ranks 50th. XTB also boasts a slightly higher rating with 4.5 stars compared to Libertex's 4 stars. In summary, both brokers have their strengths, but XTB offers a few more advanced features and options for the discerning trader.
| Feature |
XTB
|
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 | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 39 | 15 |
| Charting - Drawing Tools (Total) | 32 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XTB and Libertex (Forex Club) both provide mobile trading apps compatible with iPhone and Android devices, catering to traders seeking flexibility and convenience. Both apps include features like stock or forex price alerts, multiple time frame views, trendline drawing capabilities, and the option to create watchlists with real-time quotes. However, XTB stands out with its 39 technical studies, while Libertex (Forex Club) offers 30. Additionally, XTB's mobile app automatically saves chart drawings, a feature not present in the Libertex app.
When it comes to syncing watchlists between the mobile app and online accounts, only Libertex (Forex Club) offers this capability, allowing seamless updates across platforms. In terms of user ratings, XTB is rated 4.5 stars, while Libertex (Forex Club) holds a 4-star rating. As ranked by ForexBrokers.com, XTB is placed at #8 out of 62 brokers for its mobile trading apps, whereas Libertex (Forex Club) ranks #48. This comparison suggests that XTB may appeal more to traders who prioritize technical analysis tools and user experience, while Libertex offers the advantage of watchlist synchronization for those managing portfolios across various devices.
| Feature |
XTB
|
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 | 39 | 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 market research capabilities, XTB stands out as a more appealing option than Libertex (Forex Club). XTB provides daily market commentary and offers forex news sourced from top-tier outlets, ensuring you stay informed with the latest market developments. Additionally, XTB includes a sentiment-based trading tool to help traders understand market emotions by showing long and short positions across various currency pairs. This feature is absent in Libertex's offerings.
Both XTB and Libertex provide an economic calendar to track key global economic events, enhancing trade planning and decision-making. Despite their shared tools, XTB's comprehensive market insights earn it a higher research rating of five stars, compared to Libertex's three-star rating. This effectiveness is reflected in XTB's impressive ranking of seventh, as opposed to Libertex's sixtieth position among 62 brokers reviewed by ForexBrokers.com. This stark contrast makes XTB a preferred choice for research-focused traders.
| Feature |
XTB
|
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.
XTB and Libertex (Forex Club) both provide educational resources for those new to forex and CFD trading, making it easier for beginners to get started. XTB offers a wider variety of educational content, including frequent online webinars tailored specifically for educational purposes and a searchable archive for past webinars. This is enhanced by more than 10 beginner-focused educational videos, helping novices grasp the essentials of trading. In contrast, while Libertex also provides a significant amount of educational materials, it lacks the regular webinars and beginner-focused videos that XTB offers.
In terms of educational quality, XTB consistently outpaces Libertex. It earns a 5-star rating for its educational offerings, as rated by ForexBrokers.com, and ranks 11th among 62 brokers in the Education category. Meanwhile, Libertex receives 3 stars and is ranked 57th. Both platforms offer advanced educational videos for those with more trading experience, yet XTB's comprehensive approach to beginner education sets it apart. However, neither broker offers an investor dictionary with definitions of at least 50 investing terms, which could enhance their educational offerings further.
| Feature |
XTB
|
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 XTB is better than Libertex (Forex Club). XTB finished with an overall rank of #7, while Libertex (Forex Club) finished with an overall rank of #60.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
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Libertex (Forex Club)
|
|---|---|---|
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| Trust Score | 96 | 73 |
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Both XTB and Libertex (Forex Club) do not offer the ability to buy actual delivered cryptocurrency, but they both provide options for purchasing cryptocurrency derivatives.
In a comparison of online brokers, XTB supports PayPal, Skrill, Visa, Mastercard, and bank wires for depositing or withdrawing funds but lacks ACH or SEPA transfer options, while Libertex (Forex Club) offers ACH or SEPA transfers, 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 | XTB | Libertex (Forex Club) | |
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| Trust Score | 96 | 73 | |
| Winner | check_circle | ||
| Review | XTB Review |
| Broker Screenshots | XTB | Libertex (Forex Club) | |
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| Regulation | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 96 | 73 | |
| Year Founded | 2002 | 1997 | |
| Publicly Traded (Listed) | Yes | 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 | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | XTB | 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) | XTB | 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 | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 300 | |
| Forex Pairs (Total) | 71 | 51 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | N/A | |
| All-in Cost EUR/USD - Active | 1.00 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $0 | $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 | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | 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 | XTB | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 39 | 15 | |
| Charting - Drawing Tools (Total) | 32 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | 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 | 39 | 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 | XTB | 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 | XTB | 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 | XTB | 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 | XTB Review |
| Overall | XTB | Libertex (Forex Club) | |
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| Trust Score | 96 | 73 | |
| Winner | check_circle | ||
| Review | XTB Review |
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