Libertex
profiforex corp
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Overview
Libertex was founded in 2012 and is headquartered in Cyprus, while profiforex corp was established in 2018 and is based in Cyprus. Libertex holds licences including Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12, while profiforex corp is regulated by Financial Conduct Authority (FCA) among others. Libertex serves 2,200,000+ clients worldwide; profiforex corp has 30,000+. The minimum deposit is $117 at Libertex and $250 at profiforex corp.
| Feature | Libertex | profiforex corp |
|---|---|---|
| Min. Deposit | $117 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F297 |
| Founded | 2012 | 2018 |
| Country | Cyprus | Cyprus |
| Clients | 2,200,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between Libertex and profiforex corp, directly affecting your bottom line as a trader. Libertex has a lower barrier to entry with a minimum deposit of $117 (vs $250 at profiforex corp). Neither broker charges withdrawal fees. Overall, Libertex scores higher on fees in our assessment.
| Feature | Libertex | profiforex corp |
|---|---|---|
| Min. Deposit | $117 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Libertex offers MT4, MT5, a proprietary platform, while profiforex corp supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Libertex supports social and copy trading features, which profiforex corp does not offer. Libertex edges ahead on platform breadth and functionality in our scoring.
| Feature | Libertex | profiforex corp |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Duplitrade, Mobile Apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Libertex and profiforex corp compare. profiforex corp 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. profiforex corp maintains an archive of past webinars for on-demand viewing. Libertex scores higher overall in education and research.
| Feature | Libertex | profiforex corp |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Libertex accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while profiforex corp supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | Libertex | profiforex corp |
|---|---|---|
| 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 Libertex and profiforex corp offer live chat support. Both provide phone support. Email support is available at both brokers. Libertex supports 9 languages and profiforex corp supports 8, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | Libertex | profiforex corp |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Italian, Dutch, Polish, Spanish, French, Portuguese, Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |