AxiTrader
Libertex
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Overview
AxiTrader was founded in 2007 and is headquartered in Australia, while Libertex was established in 2012 and is based in Cyprus. AxiTrader 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. AxiTrader serves 10,000+ clients worldwide; Libertex has 2,200,000+. The minimum deposit is $0 at AxiTrader and $117 at Libertex.
| Feature | AxiTrader | Libertex |
|---|---|---|
| Min. Deposit | $0 | $117 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 |
| Founded | 2007 | 2012 |
| Country | Australia | Cyprus |
| Clients | 10,000+ | 2,200,000+ |
Fees
Fees are a critical factor when choosing between AxiTrader and Libertex, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $117 at Libertex). AxiTrader charges withdrawal fees while Libertex does not, a notable advantage for frequent withdrawers. AxiTrader charges deposit fees; Libertex does not. Overall, AxiTrader scores higher on fees in our assessment.
| Feature | AxiTrader | Libertex |
|---|---|---|
| Min. Deposit | $0 | $117 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
AxiTrader 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 | AxiTrader | Libertex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, Duplitrade, Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AxiTrader and Libertex compare. Libertex has a video library; AxiTrader does not. Libertex publishes daily market commentary; AxiTrader does not. Libertex integrates third-party research tools (Trading Central, Autochartist); AxiTrader does not. Libertex scores higher overall in education and research.
| Feature | AxiTrader | 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. AxiTrader accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while Libertex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Libertex uniquely supports PayPal and Skrill among the two brokers. Libertex scores higher on deposit and withdrawal flexibility.
| Feature | AxiTrader | Libertex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AxiTrader and Libertex offer live chat support. Both provide phone support. Email support is available at both brokers. AxiTrader supports 8 languages and Libertex supports 9, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | AxiTrader | Libertex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic | English, German, Italian, Dutch, Polish, Spanish, French, Portuguese, Chinese |