In this head-to-head, FXTM and Libertex clash over regulation, pricing models, and platform ecosystems. The axis pits broad instrument access against a proprietary platform option.
FXTM leads on editorial score versus Libertex due to stronger regulation spectrum, broader instrument coverage, and education resources.
Find out which broker best suits your trader profile.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Libertex offers tighter spreads from 0.00 pips vs 1.50 pips for FXTM, reducing trading costs.
| Editorial score | 4.2/ 5 | 3.9/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5▲ | 3.8 / 5 |
Pros
Low $10 minimum deposit on Micro accounts
Strong copy trading via FXTM Invest platform
Extensive education, webinars, video courses, and market analysis
Multilingual support in 20+ languages
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 | FXTM | 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: FXTM rates 4.2/5 and Libertex rates 3.9/5. FXTM 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.
Libertex starts from 0 pips, tighter than FXTM's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Both FXTM and Libertex require a minimum deposit of $10 to open a live trading account.
FXTM holds top-tier regulation (FCA, FSCA, 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
FXTM lists maximum leverage of 1000:1, 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.
FXTM supports MetaTrader 5, MetaTrader 4, while Libertex supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. Libertex has exclusive access to Proprietary Web/Mobile.
FXTM wins for safety and regulation with FCA, ASIC, and CySEC oversight and segregated funds.
FXTM wins for active traders with 1000:1 leverage and FXTM Invest copy trading.
FXTM is better suited for scalpers: raw/ECN spreads available.
Libertex wins for platform choice with MT4/MT5 and a proprietary platform.
FXTM wins for beginners due to extensive education and analysis resources.
Fees & Spreads 30% weight | 3.9 / 5 | 4.0 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.0 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 3.8 / 5 |
|---|
| Founded | 2011 | 1997 |
|---|
| Headquarters | Limassol, Cyprus | Limassol, Cyprus |
|---|
| Min Deposit | $10 | $10 |
|---|
| Spreads From | 1.5 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 1,000:1 | 999:1▲ higher |
|---|
| Inactivity Fee | None | $5/month (after 180 days) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPay | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPay | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA FSCA CySEC FSC | CySEC |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 |
|---|
| Active bonuses |
|---|
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
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
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
Standard account spreads are not ECN-competitive
Platform choice limited to MT4 and MT5
Mauritius FSC entity offers less investor protection than FCA/CySEC
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
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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