Libertex vs Plus500 Forex Broker Comparison
A head-to-head comparison of Libertex and Plus500 across regulation, trading costs, platforms, and editorial scoring.
Long operational history since 1997, zero spread commission model, and very low $10 minimum deposit - though limited to CySEC regulation and restricted markets.
VS
LSE-listed with zero commission, intuitive proprietary platform, and negative balance protection - though limited research and no MT4.
Our Verdict
Plus500 winsby 0.1 pts
Plus500 edges ahead with a score of 4/5 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
Recommended
Libertex offers tighter spreads from 0 pips vs 0.6 pips for Plus500, reducing trading costs.
Best for safety & regulation
Recommended
Plus500 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: MetaTrader 4, MetaTrader 5, a proprietary platform.
Best for beginners
Recommended
Plus500 edges out Libertex with a higher editorial score (4/5 vs 3.9/5), indicating a stronger overall experience for new traders.
Libertex vs Plus500: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.8 / 5 | 4.2 / 5▲ |
Fees & Spreads 30% weight | 4.0 / 5 | 4.0 / 5 |
Platforms & Tools 20% weight | 3.9 / 5▲ | 3.7 / 5 |
Customer Support 10% weight | 3.8 / 5 | 3.9 / 5▲ |
| Founded | 1997 | 2008 |
| Headquarters | Limassol, Cyprus | Haifa, Israel |
| Min deposit | $10 | $100 |
| Spreads from | 0 pips | 0.6 pips |
| Commission / lot | N/A | N/A |
| Max leverage | 999:1 | 30:1 |
| Withdrawal fee | Free | Free |
| Regulators | CySEC | FCA ASIC MAS CySEC CMA |
| Platforms | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile | Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit Libertex | Visit Plus500 |
Libertex vs Plus500 Forex Broker Pros & Cons
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
Pros
LSE-listed providing strong institutional credibility
Zero commission on all trades
Intuitive proprietary platform with a clean mobile app
Negative balance protection across all accounts
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer 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
Cons
No MT4 or MT5 support
Limited research tools and market analysis
US residents not accepted
No copy trading
No raw spread account option
Inactivity fee applies
No MetaTrader support
Limited charting capabilities
No phone support
Libertex vs Plus500: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Libertex
criteria wins
1
Plus500
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Libertex | Plus500 |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
Libertex vs Plus500: Frequently Asked Questions
Based on our independent editorial scoring, Plus500 ranks higher with a score of 4/5 vs 3.9/5 for Libertex. The best choice still depends on your individual trading needs; Libertex and Plus500 may each suit different trader profiles.
Libertex offers tighter spreads starting from 0 pips, compared to Plus500's spreads from 0.6 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 Plus500 requires at least $100. This makes Libertex more accessible for traders with limited starting capital.
Plus500 holds top-tier regulation (FCA, ASIC, MAS), 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.
Libertex offers maximum leverage of 999:1, while Plus500 offers up to 30:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Libertex supports MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile and Plus500 offers Proprietary Web/Mobile; both support Proprietary Web/Mobile; Libertex exclusively offers MetaTrader 4, MetaTrader 5.
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Score 3.9 / 5
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