Libertex
Xtrade
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Overview
Libertex was founded in 2012 and is headquartered in Cyprus, while Xtrade was established in 2003 and is based in Australia. Libertex holds licences including Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12, while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Libertex serves 2,200,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $117 at Libertex and $1 at Xtrade.
| Feature | Libertex | Xtrade |
|---|---|---|
| Min. Deposit | $117 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2012 | 2003 |
| Country | Cyprus | Australia |
| Clients | 2,200,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Libertex and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $117 at Libertex). Neither broker charges withdrawal fees. Xtrade charges deposit fees; Libertex does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | Libertex | Xtrade |
|---|---|---|
| Min. Deposit | $117 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Libertex offers MT4, MT5, a proprietary platform, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Libertex supports social and copy trading features, which Xtrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Libertex | Xtrade |
|---|---|---|
| MT4 | Yes | Yes |
| 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 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Libertex and Xtrade compare. Libertex has a video library; Xtrade does not. Libertex publishes daily market commentary; Xtrade does not. Libertex integrates third-party research tools (Trading Central, Autochartist); Xtrade does not. Libertex scores higher overall in education and research.
| Feature | Libertex | Xtrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | No | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Libertex uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. Libertex scores higher on deposit and withdrawal flexibility.
| Feature | Libertex | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | Yes | Not available |
| Skrill | Yes | Not available |
| Neteller | Yes | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Libertex and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Libertex offers multilingual support. Both brokers are comparable on support quality.
| Feature | Libertex | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Italian, Dutch, Polish, Spanish, French, Portuguese, Chinese | Not available |