Abshire Smith
Libertex
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Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while Libertex was established in 2012 and is based in Cyprus. Abshire Smith holds licences including Financial Conduct Authority (FCA), while Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 among others. Abshire Smith serves 10,000+ clients worldwide; Libertex has 2,200,000+. The minimum deposit is $500 at Abshire Smith and $117 at Libertex.
| Feature | Abshire Smith | Libertex |
|---|---|---|
| Min. Deposit | $500 | $117 |
| Regulation | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 |
| Founded | 1997 | 2012 |
| Country | United kingdom | Cyprus |
| Clients | 10,000+ | 2,200,000+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and Libertex, directly affecting your bottom line as a trader. Libertex has a lower barrier to entry with a minimum deposit of $117 (vs $500 at Abshire Smith). Neither broker charges withdrawal fees. Abshire Smith charges deposit fees; Libertex does not. Overall, Libertex scores higher on fees in our assessment.
| Feature | Abshire Smith | Libertex |
|---|---|---|
| Min. Deposit | $500 | $117 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while Libertex supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Abshire Smith | Libertex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4, cTrader Platform | MT4, MT5, Duplitrade, Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and Libertex compare. Libertex has a video library; Abshire Smith does not. Libertex publishes daily market commentary; Abshire Smith does not. Libertex integrates third-party research tools (Trading Central, Autochartist); Abshire Smith does not. Libertex scores higher overall in education and research.
| Feature | Abshire Smith | Libertex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | No |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Libertex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Libertex uniquely supports PayPal and Skrill and Neteller among the two brokers. Libertex scores higher on deposit and withdrawal flexibility.
| Feature | Abshire Smith | Libertex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and Libertex offer live chat support. Both provide phone support. Email support is available at both brokers. Abshire Smith supports 2 languages and Libertex supports 9, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | Abshire Smith | Libertex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, Italian, Dutch, Polish, Spanish, French, Portuguese, Chinese |