A head-to-head comparison of Forex.com and Libertex across regulation, trading costs, platforms, and editorial scoring.
One of very few brokers accepting US retail forex clients, with deep research tools and competitive raw spreads for professional accounts.
Long operational history since 1997, zero spread commission model, and very low $10 minimum deposit - though limited to CySEC regulation and restricted markets.
Forex.com edges ahead with a score of 4.2/5 vs Libertex's 3.9/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Libertex offers tighter spreads from 0 pips vs 1 pips for Forex.com, reducing trading costs.
Forex.com has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Both brokers offer equivalent trading costs across spreads, commissions, and account types.
Both brokers offer an equivalent platform selection with similar exclusive and proprietary options.
Forex.com edges out Libertex with a higher editorial score (4.2/5 vs 3.9/5), indicating a stronger overall experience for new traders.
| Editorial score | 4.2/ 5 | 3.9/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 3.8 / 5 |
Fees & Spreads 30% weight | 4.2 / 5▲ | 4.0 / 5 |
Platforms & Tools 20% weight | 4.1 / 5▲ | 3.9 / 5 |
Customer Support 10% weight | 4.0 / 5▲ | 3.8 / 5 |
| Founded | 1999 | 1997 |
| Headquarters | Bedminster, New Jersey, USA | Limassol, Cyprus |
| Min deposit | $100 | $10 |
| Spreads from | 1 pips | 0 pips |
| Commission / lot | $7/lot | N/A |
| Max leverage | 50:1 | 999:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC CFTC MAS NFA IIROC | CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit Forex.com | Visit Libertex |
Pros
One of the few brokers accepting US retail forex clients
Deep research tools including macro analysis
Raw spread account with competitive $7 round-turn commission
MT4, MT5 and proprietary platforms
Regulated by top-tier authorities (FCA, ASIC, CySEC)
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
Advanced charting tools included
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
$100 minimum deposit is higher than some peers
US clients restricted to 50:1 leverage on major pairs
Raw account pricing not available in all jurisdictions
Inactivity fee applies
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Forex.com | 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 | Fail | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Based on our independent editorial scoring, Forex.com ranks higher with a score of 4.2/5 vs 3.9/5 for Libertex. The best choice still depends on your individual trading needs; Forex.com and Libertex may each suit different trader profiles.
Libertex offers tighter spreads starting from 0 pips, compared to Forex.com's spreads from 1 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
Libertex has a lower minimum deposit of $10, while Forex.com requires at least $100. This makes Libertex more accessible for traders with limited starting capital.
Forex.com holds top-tier regulation (FCA, ASIC, CFTC), providing stronger investor protections. Libertex may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: Libertex has a lower minimum deposit ($10), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Forex.com offers maximum leverage of 50:1, while Libertex offers up to 999:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Forex.com charges $7 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
Forex.com supports MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile and Libertex offers MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile; both support MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile.
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