In a head-to-head FX comparison, Errante and Libertex trade off on regulation and pricing structure, creating a tension between safety and cost transparency.
Find out which broker best suits your trader profile.
Choose if…
Choose Errante if you value top-tier regulation and access to raw 0.0 pip spreads on the Pro ECN.
Choose if…
Choose Libertex if you want a very low minimum deposit and a zero-spread pricing model.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.8/ 5 | 3.9/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5▲ | 3.8 / 5 |
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Errante | Libertex |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Errante rates 3.8/5 and Libertex rates 3.9/5. Libertex has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Both Errante and Libertex start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Libertex has $10, while Errante requires at least $50. This makes Libertex more accessible for traders with limited starting capital.
Errante holds top-tier regulation (CySEC, FSA Seychelles), providing stronger investor protections. Libertex may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: Libertex requires a lower minimum deposit ($10), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Errante lists maximum leverage of 30:1, while Libertex lists up to 999:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Errante charges $3 per lot on commission-based accounts. Commission details for Libertex are not currently available. Check their website for up-to-date pricing.
Errante supports MetaTrader 4, MetaTrader 5, while Libertex supports Proprietary Web/Mobile, MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4 and MetaTrader 5. Libertex has exclusive access to Proprietary Web/Mobile.
Both brokers offer spreads from 0.00 pips.
Errante wins for safety and regulation due to top-tier authorities and segregated funds.
Errante wins for active traders with raw 0.0 pip spreads on Pro ECN and MT4/MT5 access.
Errante is better suited for scalpers: raw/ECN spreads available.
Libertex wins for platform choice with MT4, MT5 and a proprietary Libertex platform.
Libertex wins for instrument variety with 250 instruments.
Fees & Spreads 30% weight | 4.2 / 5▲ | 4.0 / 5 |
|---|
Platforms & Tools 20% weight | 3.7 / 5 | 3.9 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5▲ | 3.8 / 5 |
|---|
| Founded | 2017 | 1997 |
|---|
| Headquarters | Limassol, Cyprus | Limassol, Cyprus |
|---|
| Min Deposit | $50 | $10▼ lower |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $3/lot | N/A |
|---|
| 0.3 pips | N/A |
| Max Leverage | 30:1 | 999:1▲ higher |
|---|
| Inactivity Fee | None | $5/month (after 180 days) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | CySEC FSA Seychelles | CySEC |
|---|
| Platforms | MetaTrader 4 MetaTrader 5 | Proprietary Web/Mobile MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Very low $10 minimum deposit
Zero spread commission model, transparent cost per trade
Long operational history since 1997
MT4, MT5, and proprietary Libertex platform
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Small broker with limited balance sheet transparency
No cTrader, no TradingView integration
Research and educational content minimal
Non-EU clients on FSA Seychelles lighter framework
No proprietary platform
Limited charting capabilities
Cons
Only CySEC regulated, limited jurisdiction coverage
Commission multiplier model can be confusing for new traders
Not available in many major English-speaking markets
No top-tier regulatory licence
No raw spread account option
Inactivity fee applies
Limited charting capabilities
Errante and Libertex are closely matched overall, but Errante aligns with top-tier regulation and raw spreads on the Pro ECN while Libertex relies on CySEC with zero-spread pricing.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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