IG
Libertex
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Overview
IG was founded in 1974 and is headquartered in UK, while Libertex was established in 2012 and is based in Cyprus. IG 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. IG serves 178,500+ clients worldwide; Libertex has 2,200,000+. The minimum deposit is $200 at IG and $117 at Libertex.
| Feature | IG | Libertex |
|---|---|---|
| Min. Deposit | $200 | $117 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 |
| Founded | 1974 | 2012 |
| Country | UK | Cyprus |
| Clients | 178,500+ | 2,200,000+ |
Fees
Fees are a critical factor when choosing between IG and Libertex, directly affecting your bottom line as a trader. Libertex has a lower barrier to entry with a minimum deposit of $117 (vs $200 at IG). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | IG | Libertex |
|---|---|---|
| Min. Deposit | $200 | $117 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
IG 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 | IG | 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, Web Trader, L2 Dealer, 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 IG and Libertex compare. IG 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. IG maintains an archive of past webinars for on-demand viewing. Libertex scores higher overall in education and research.
| Feature | IG | Libertex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. IG accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while Libertex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Libertex uniquely supports Skrill and Neteller among the two brokers. Libertex scores higher on deposit and withdrawal flexibility.
| Feature | IG | Libertex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | 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 IG and Libertex offer live chat support. Both provide phone support. Email support is available at both brokers. IG supports 5 languages and Libertex supports 9, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | IG | Libertex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, German, Spanish, and Portuguese | English, German, Italian, Dutch, Polish, Spanish, French, Portuguese, Chinese |