Bulbrokers
Libertex
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while Libertex was established in 2012 and is based in Cyprus. Bulbrokers holds licences including Financial Services Authority (FSA), while Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 among others. Bulbrokers serves 10,000+ clients worldwide; Libertex has 2,200,000+. The minimum deposit is $100 at Bulbrokers and $117 at Libertex.
| Feature | Bulbrokers | Libertex |
|---|---|---|
| Min. Deposit | $100 | $117 |
| Regulation | Financial Services Authority (FSA) | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 |
| Founded | 2000 | 2012 |
| Country | Bulgaria | Cyprus |
| Clients | 10,000+ | 2,200,000+ |
Fees
Fees are a critical factor when choosing between Bulbrokers and Libertex, directly affecting your bottom line as a trader. Bulbrokers has a lower barrier to entry with a minimum deposit of $100 (vs $117 at Libertex). Neither broker charges withdrawal fees. Bulbrokers applies inactivity fees on dormant accounts; Libertex does not. Overall, Libertex scores higher on fees in our assessment.
| Feature | Bulbrokers | Libertex |
|---|---|---|
| Min. Deposit | $100 | $117 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Bulbrokers offers MT5, cTrader, while Libertex supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Libertex supports social and copy trading features, which Bulbrokers does not offer. Libertex edges ahead on platform breadth and functionality in our scoring.
| Feature | Bulbrokers | Libertex |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, 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 Bulbrokers and Libertex compare. Libertex has a video library; Bulbrokers does not. Libertex publishes daily market commentary; Bulbrokers does not. Libertex integrates third-party research tools (Trading Central, Autochartist); Bulbrokers does not. Libertex scores higher overall in education and research.
| Feature | Bulbrokers | 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. Bulbrokers 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 | Bulbrokers | 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 Bulbrokers and Libertex offer live chat support. Both provide phone support. Email support is available at both brokers. Bulbrokers supports 2 languages and Libertex supports 9, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | Bulbrokers | 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 |