Libertex
Startrader
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Libertex was founded in 2012 and is headquartered in Cyprus, while Startrader was established in 2011 and is based in Hong Kong. Libertex holds licences including Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12, while Startrader is regulated by Financial Conduct Authority (FCA) among others. Libertex serves 2,200,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $117 at Libertex and $50 at Startrader.
| Feature | Libertex | Startrader |
|---|---|---|
| Min. Deposit | $117 | $50 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Founded | 2012 | 2011 |
| Country | Cyprus | Hong Kong |
| Clients | 2,200,000+ | 500,000 + |
Fees
Fees are a critical factor when choosing between Libertex and Startrader, directly affecting your bottom line as a trader. Libertex has a lower barrier to entry with a minimum deposit of $117 (vs $50 at Startrader). Startrader charges withdrawal fees while Libertex does not, giving Libertex an edge for frequent withdrawers. Overall, Startrader scores higher on fees in our assessment.
| Feature | Libertex | Startrader |
|---|---|---|
| Min. Deposit | $117 | $50 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Libertex offers MT4, MT5, a proprietary platform, while Startrader supports MT4, MT5, cTrader. Libertex offers a mobile trading app; mobile availability for Startrader is limited. 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 | Libertex | Startrader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, MT5, Duplitrade, Mobile Apps | MT4, MT5 and Web Trader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Libertex and Startrader compare. Startrader 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. Startrader maintains an archive of past webinars for on-demand viewing. Startrader scores higher overall in education and research.
| Feature | Libertex | Startrader |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | No | Yes |
| 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. Libertex accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Libertex uniquely supports PayPal among the two brokers. Libertex scores higher on deposit and withdrawal flexibility.
| Feature | Libertex | Startrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| 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 Startrader offer live chat support. Both provide phone support. Email support is available at both brokers. Libertex supports 9 languages and Startrader supports 2, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | Libertex | Startrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Italian, Dutch, Polish, Spanish, French, Portuguese, Chinese | English, Chinese |