Evolution Brokers
Libertex
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Overview
Evolution Brokers was founded in 2008 and is headquartered in Belize, while Libertex was established in 2012 and is based in Cyprus. Evolution Brokers holds licences including Cyprus Securities and Exchange Commission (CySEC), while Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 among others. Evolution Brokers serves 10,000+ clients worldwide; Libertex has 2,200,000+. The minimum deposit is $300 at Evolution Brokers and $117 at Libertex.
| Feature | Evolution Brokers | Libertex |
|---|---|---|
| Min. Deposit | $300 | $117 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 |
| Founded | 2008 | 2012 |
| Country | Belize | Cyprus |
| Clients | 10,000+ | 2,200,000+ |
Fees
Fees are a critical factor when choosing between Evolution Brokers and Libertex, directly affecting your bottom line as a trader. Libertex has a lower barrier to entry with a minimum deposit of $117 (vs $300 at Evolution Brokers). Evolution Brokers charges withdrawal fees while Libertex does not, a notable advantage for frequent withdrawers. Evolution Brokers applies inactivity fees on dormant accounts; Libertex does not. Overall, Libertex scores higher on fees in our assessment.
| Feature | Evolution Brokers | Libertex |
|---|---|---|
| Min. Deposit | $300 | $117 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Evolution Brokers offers MT4, 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 Evolution Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Evolution Brokers | Libertex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | WEB,Desktop,iPhone,Mac | MT4, MT5, Duplitrade, Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Evolution Brokers and Libertex compare. Evolution Brokers runs regular live webinars; Libertex does not. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Evolution Brokers maintains an archive of past webinars for on-demand viewing. Evolution Brokers scores higher overall in education and research.
| Feature | Evolution Brokers | Libertex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evolution Brokers 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 | Evolution Brokers | 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 Evolution Brokers and Libertex offer live chat support. Both provide phone support. Email support is available at both brokers. Evolution Brokers supports 2 languages and Libertex supports 9, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | Evolution Brokers | 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 |