FXOpen vs Libertex Forex Broker Comparison
A head-to-head comparison of FXOpen and Libertex across regulation, trading costs, platforms, and editorial scoring.
Triple-regulated ECN specialist (FCA, CySEC, ASIC) and early cTrader adopter with one of the lowest commission structures in retail ECN - $1.5 per side per lot - making it highly cost-effective for active traders.
VS
Long operational history since 1997, zero spread commission model, and very low $10 minimum deposit - though limited to CySEC regulation and restricted markets.
Our Verdict
FXOpen winsby 0.3 pts
FXOpen 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.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
It's a tie
Both equally suited
Both brokers offer spreads from 0 pips.
Best for safety & regulation
Recommended
FXOpen has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for platform choice
Recommended
Libertex offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
FXOpen edges out Libertex with a higher editorial score (4.2/5 vs 3.9/5), indicating a stronger overall experience for new traders.
FXOpen vs Libertex: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 3.9/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 3.8 / 5 |
Fees & Spreads 30% weight | 4.8 / 5▲ | 4.0 / 5 |
Platforms & Tools 20% weight | 4.4 / 5▲ | 3.9 / 5 |
Customer Support 10% weight | 4.0 / 5▲ | 3.8 / 5 |
| Founded | 2003 | 1997 |
| Headquarters | London, United Kingdom | Limassol, Cyprus |
| Min deposit | $100 | $10 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $3/lot | N/A |
| Max leverage | 500:1 | 999:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC CySEC | CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader | MetaTrader 4 Proprietary Web/Mobile MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit FXOpen | Visit Libertex |
FXOpen vs Libertex Forex Broker Pros & Cons
Pros
FCA, CySEC, and ASIC triple regulation
$3 round-turn ECN commission - one of the lowest in retail forex
Early cTrader adopter with mature integration
MT4, MT5, and cTrader all available
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
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
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 on ECN accounts
Less brand recognition than larger competitors
Customer support coverage narrower than global tier-1 brokers
No proprietary platform
No phone support
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
FXOpen vs Libertex: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
FXOpen
criteria wins
2
Libertex
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FXOpen | 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 | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
FXOpen vs Libertex: Frequently Asked Questions
Based on our independent editorial scoring, FXOpen 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; FXOpen and Libertex may each suit different trader profiles.
Both FXOpen and Libertex offer spreads starting from 0 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
Libertex has a lower minimum deposit of $10, while FXOpen requires at least $100. This makes Libertex more accessible for traders with limited starting capital.
FXOpen holds top-tier regulation (FCA, ASIC, CySEC), 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.
FXOpen offers maximum leverage of 500:1, 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.
FXOpen charges $3 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
FXOpen supports MetaTrader 4, MetaTrader 5, cTrader and Libertex offers MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5; both support MetaTrader 4, MetaTrader 5; FXOpen exclusively offers cTrader; Libertex exclusively offers Proprietary Web/Mobile.
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Score 3.9 / 5
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