ForexVox
Libertex
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Overview
ForexVox was founded in 2019 and is headquartered in UK, while Libertex was established in 2012 and is based in Cyprus. ForexVox holds licences including Financial Conduct Authority (FCA) in the United Kingdom, while Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 among others. ForexVox serves 10,000+ clients worldwide; Libertex has 2,200,000+. The minimum deposit is $0 at ForexVox and $117 at Libertex.
| Feature | ForexVox | Libertex |
|---|---|---|
| Min. Deposit | $0 | $117 |
| Regulation | Financial Conduct Authority (FCA) in the United Kingdom, FCA Register no: 586541, Financial Services Authority in Seychelles No: SD028 | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 |
| Founded | 2019 | 2012 |
| Country | UK | Cyprus |
| Clients | 10,000+ | 2,200,000+ |
Fees
Fees are a critical factor when choosing between ForexVox and Libertex, directly affecting your bottom line as a trader. ForexVox has a lower barrier to entry with a minimum deposit of $0 (vs $117 at Libertex). ForexVox charges withdrawal fees while Libertex does not, a notable advantage for frequent withdrawers. Overall, ForexVox scores higher on fees in our assessment.
| Feature | ForexVox | Libertex |
|---|---|---|
| Min. Deposit | $0 | $117 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
ForexVox offers MT4, MT5, 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. Libertex edges ahead on platform breadth and functionality in our scoring.
| Feature | ForexVox | Libertex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | No |
| Windows App | Yes | Yes |
| iOS App | No | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5 | MT4, MT5, Duplitrade, Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ForexVox and Libertex compare. ForexVox runs regular live webinars; Libertex does not. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Libertex integrates third-party research tools (Trading Central, Autochartist); ForexVox does not. Libertex scores higher overall in education and research.
| Feature | ForexVox | Libertex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | 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. ForexVox accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Libertex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | ForexVox | Libertex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | 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 ForexVox and Libertex offer live chat support. Both provide phone support. Email support is available at both brokers. ForexVox supports 4 languages and Libertex supports 9, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | ForexVox | Libertex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Russian, Indonesian, Malaysian | English, German, Italian, Dutch, Polish, Spanish, French, Portuguese, Chinese |