Written by ForexBrokers.com
In this head to head comparison of Xtrade 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.
Established in 2003, Xtrade is an online broker that operates with one Tier-1 license, representing a high level of trust according to ForexBrokers.com rankings. Despite not being publicly traded or functioning as a bank, Xtrade holds a Trust Score of 74 out of 99, categorizing it within the average risk bracket. Additionally, it has secured one Tier-2 license, further indicating its reliability in the trading landscape.
In comparison, Libertex (Forex Club), founded in 1997, also possesses one Tier-1 license, reflecting a similar level of high trust. Like Xtrade, it is neither publicly traded nor a bank. However, it holds no Tier-2 licenses and has a marginally lower Trust Score of 73. Despite these differences, both brokers offer a comparable level of trust for online traders, with Xtrade slightly edging out in trustworthiness by a small margin.
| Feature |
Xtrade
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2003 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing the commissions and fees of Xtrade and Libertex (Forex Club), both online brokers present distinct offerings. Xtrade has a commissions and fees rating of 2.5 out of 5 stars, positioning it at the bottom of the rankings at #62 out of 62 brokers according to ForexBrokers.com. Details on its average spread data are not provided, which could be an important consideration for potential investors looking to understand the full cost picture.
Libertex (Forex Club), on the other hand, ranks slightly better with a 3 out of 5 stars for its commissions and fees. It sits just above Xtrade at #61 on the ForexBrokers.com list among 62 brokers. Similar to Xtrade, the average spread data for Libertex is not available, which might leave some investors unsure about all transaction costs associated with using its platform.
Overall, while Libertex edges out Xtrade in both star rating and rankings for commissions and fees, neither broker provides detailed spread data, which is crucial for those comparing their options based on potential trading costs. As these factors play a significant role in trading strategy and profitability, potential traders should weigh these rankings and ratings when considering which broker better fits their financial goals.
| Feature |
Xtrade
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $250 | $10 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | 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 exploring investment options with Xtrade and Libertex (Forex Club), traders will find several similarities and differences in their offerings. Both platforms allow forex trading through CFDs, with Xtrade offering a slightly broader selection of 56 forex pairs compared to Libertex's 51. In terms of overall tradeable symbols, Xtrade also has an edge, providing access to 482 symbols, while Libertex offers 300. However, neither broker provides access to exchange-traded securities on U.S. or international exchanges, limiting investors to CFDs for these asset types.
For cryptocurrency enthusiasts, both Xtrade and Libertex allow users to trade cryptocurrency derivatives, although neither platform supports the purchase of actual cryptocurrencies. A notable distinction between the two is Libertex's support for copy trading, which can be an attractive feature for those looking to mirror the strategies of successful traders, while Xtrade does not offer this function. Despite these differences, both brokers receive an equal rating of 3.5 stars for their range of investments. However, Xtrade ranks slightly higher at #49 versus Libertex’s #53 among 62 brokers evaluated by ForexBrokers.com.
| Feature |
Xtrade
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 482 | 300 |
| Forex Pairs (Total) | 56 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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 the trading platforms and tools of Xtrade and Libertex (Forex Club), both brokers provide a virtual demo account to allow new traders to practice without financial risk. Each offers its own proprietary platform, but Libertex has an edge with the availability of a Windows-based desktop platform, while Xtrade relies on its web-based platform. Both brokers support web trading, but only Libertex supports the popular MetaTrader 4 platform, as neither offer MetaTrader 5. In terms of charting tools, Xtrade stands out with 100 drawing tools compared to Libertex's 30, though each allows trading directly from stock charts.
Additionally, Xtrade provides nine field options for watch lists, slightly more than Libertex’s seven. However, in more advanced trading functionalities, Libertex gains favor by supporting copy trading, a feature not available with Xtrade. This contributes to its higher rating of 4 stars versus Xtrade's 3.5 stars for trading platforms and tools. According to ForexBrokers.com, Libertex ranks better at 50 out of 62 brokers, in contrast to Xtrade’s 58th position, reflecting a more favorable reception in the trading community.
| Feature |
Xtrade
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | 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) | N/A | 15 |
| Charting - Drawing Tools (Total) | 100 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 9 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When looking at the mobile trading apps from Xtrade and Libertex (Forex Club), both platforms support iPhone and Android users, ensuring broad accessibility. However, Libertex takes a step further by offering features like stock and forex price alerts, watchlist syncing with online accounts, and the ability to create watchlists with real-time quotes, which Xtrade currently lacks. Furthermore, Libertex provides more in-depth charting tools, including up to 30 technical studies, the ability to draw trendlines, and viewing multiple time frames on charts, offering more flexibility for traders looking to analyze market trends directly from their mobile devices.
While both Xtrade and Libertex have received a 4-star rating for their mobile trading apps, Libertex holds a slight edge by ranking higher at #48 compared to Xtrade's #53 in the ForexBrokers.com rankings out of 62 brokers. Despite these differences, it's worth noting that neither platform's app saves chart drawings automatically. For traders seeking a more feature-rich mobile experience with comprehensive charting and market analysis tools, Libertex appears to offer more options, whereas Xtrade provides a more straightforward experience.
| Feature |
Xtrade
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | No | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | N/A | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | No | Yes |
Dive deeper: Best Forex Trading Apps.
When considering market research offerings, Xtrade stands out with daily market commentary and forex news from top-notch sources like Bloomberg and Reuters, which are matched by Libertex. Both brokers provide economic calendars to track important global events, enhancing traders' ability to stay informed. Neither Xtrade nor Libertex offers technical analysis tools from companies like Autochartist or Trading Central, nor do they provide research tools from Acuity Trading or TipRanks. Additionally, sentiment-based trading tools are absent from both platforms.
In terms of research ratings, Xtrade achieves a slightly higher score of 3.5 stars compared to Libertex's 3 stars. On ForexBrokers.com's ranking, Xtrade is positioned at #52, outperforming Libertex, which sits at #60 out of 62 brokers. These rankings reflect the overall strength of each broker's offerings in market research, with Xtrade having a slight edge over Libertex in this competitive landscape.
| Feature |
Xtrade
|
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 | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing educational resources for beginners between Xtrade and Libertex (Forex Club), both platforms provide a solid foundation for learning about forex and CFDs. They each offer a range of more than 10 educational materials, such as articles and videos, to help beginners gain essential trading knowledge. However, neither platform provides monthly online educational webinars or a searchable archive of past webinars, which can limit learning opportunities.
Xtrade edges ahead with a helpful investor dictionary that defines over 50 investing terms, catering to those new to trading jargon. On the other hand, Libertex (Forex Club) stands out by offering over 10 advanced educational videos for more experienced traders looking to deepen their skills. According to ForexBrokers.com rankings, Xtrade is rated slightly higher in education, with 3.5 stars and a ranking of 46 out of 62 brokers, while Libertex garners 3 stars and is ranked at 57. This overall comparison suggests that beginners might find Xtrade more beneficial, while seasoned traders could leverage the advanced resources offered by Libertex.
| Feature |
Xtrade
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | 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 Xtrade is better than Libertex (Forex Club). Xtrade finished with an overall rank of #59, while Libertex (Forex Club) finished with an overall rank of #60.
Xtrade offers forex and CFD traders its own newly updated and redesigned trading platform, yet with just below 500 symbols that you can trade and recent regulatory issues it trails behind the best forex brokers.
| Feature |
Xtrade
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 74 | 73 |
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Both Xtrade and Libertex (Forex Club) do not offer the ability to buy actual delivered cryptocurrency, but they do provide the option to trade cryptocurrency derivatives.
When comparing online brokers Xtrade and Libertex (Forex Club), Xtrade supports Skrill, Visa/Mastercard, and bank wire transactions but lacks ACH, SEPA, and PayPal options, while Libertex offers ACH, SEPA, PayPal, Skrill, and bank wire transfers without Visa/Mastercard availability.
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 | Xtrade | Libertex (Forex Club) | |
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| Trust Score | 74 | 73 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
| Broker Screenshots | Xtrade | 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 | Xtrade | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 74 | 73 | |
| Year Founded | 2003 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Xtrade | 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) | 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) | Xtrade | 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 | Xtrade | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 482 | 300 | |
| Forex Pairs (Total) | 56 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | Xtrade | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Xtrade | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $250 | $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 | Xtrade | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | 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 | Xtrade | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 9 | 7 | |
| Charting - Indicators / Studies (Total) | N/A | 15 | |
| Charting - Drawing Tools (Total) | 100 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Xtrade | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | No | Yes | |
| Mobile Watchlist | No | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | N/A | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | Yes |
| Research | Xtrade | 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 | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Xtrade | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Xtrade | 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 | Xtrade Review |
| Overall | Xtrade | Libertex (Forex Club) | |
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| Trust Score | 74 | 73 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
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