Forex EE
Libertex
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Overview
Forex EE was founded in 2008 and is headquartered in Grenadines, while Libertex was established in 2012 and is based in Cyprus. Forex EE holds licences including Ministry of Economic Affairs in Estonia, while Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 among others. Forex EE serves 10,000+ clients worldwide; Libertex has 2,200,000+. The minimum deposit is $100 at Forex EE and $117 at Libertex.
| Feature | Forex EE | Libertex |
|---|---|---|
| Min. Deposit | $100 | $117 |
| Regulation | Ministry of Economic Affairs in Estonia | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 |
| Founded | 2008 | 2012 |
| Country | Grenadines | Cyprus |
| Clients | 10,000+ | 2,200,000+ |
Fees
Fees are a critical factor when choosing between Forex EE and Libertex, directly affecting your bottom line as a trader. Forex EE has a lower barrier to entry with a minimum deposit of $100 (vs $117 at Libertex). Forex EE charges withdrawal fees while Libertex does not, a notable advantage for frequent withdrawers. Overall, Libertex scores higher on fees in our assessment.
| Feature | Forex EE | Libertex |
|---|---|---|
| Min. Deposit | $100 | $117 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Forex EE 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 Forex EE does not offer. Libertex edges ahead on platform breadth and functionality in our scoring.
| Feature | Forex EE | Libertex |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | MT4, MT5, Duplitrade, Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Forex EE and Libertex compare. Both provide video tutorials. Libertex publishes daily market commentary; Forex EE does not. Both integrate third-party research tools. Libertex scores higher overall in education and research.
| Feature | Forex EE | Libertex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | No |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex EE 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 | Forex EE | 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 Forex EE and Libertex offer live chat support. Both provide phone support. Email support is available at both brokers. Forex EE supports 2 languages and Libertex supports 9, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | Forex EE | 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 |