FXOpenvs
LibertexForex Broker Comparison
FXOpen and Libertex face off on regulation, pricing, and platform approach. The tension lies between cost efficiency and regulatory breadth plus platform choices.
Our Verdict
FXOpen winsby 0.3 pts
FXOpen edges Libertex on editorial score. FXOpen benefits from triple regulation (FCA, CySEC, ASIC) and access to raw spreads, while Libertex relies on CySEC only.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Top-tier regulators: FXOpen has FCA, CySEC, and ASIC; Libertex only CySEC.
- 2Raw spreads: FXOpen offers raw spreads; Libertex uses zero-spread model.
- 3Instruments: FXOpen provides 700; Libertex offers 250.
Who should choose FXOpen vs Libertex?
Find out which broker best suits your trader profile.
Choose FXOpen if…
Choose FXOpen if you want triple regulation and raw ECN spreads.
Choose Libertex if…
Choose FXOpen if you need MT4, MT5 and cTrader with 700 instruments. Choose Libertex if you prefer a proprietary platform and a zero-spread model. Choose Libertex if you want CySEC regulation and phone support.
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 0.00 pips.
Best for safety & regulation
Recommended
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 |
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
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
The scores are close: FXOpen rates 4.2/5 and Libertex rates 3.9/5. FXOpen 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 FXOpen 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 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. 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.
FXOpen lists maximum leverage of 500:1, 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.
FXOpen charges $3 per lot on commission-based accounts. Commission details for Libertex are not currently available. Check their website for up-to-date pricing.
FXOpen supports cTrader, MetaTrader 5, MetaTrader 4, while Libertex supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. FXOpen has exclusive access to cTrader. Libertex has exclusive access to Proprietary Web/Mobile.
