Libertexvs
Plus500Forex Broker Comparison
Two brokers go head to head on regulation, platforms, and instrument reach. The tension lies between safety-focused licensing and broader market access.
Find out which broker best suits your trader profile.
Choose if…
Choose Libertex if you want MT4/MT5 access and phone support.
Choose if…
Choose Plus500 if you want top-tier regulation and access to about 2,000 instruments.
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 0.60 pips for Plus500, reducing trading costs.
| Editorial score | 3.9/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.8 / 5 | 4.2 / 5▲ |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| 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 |
The scores are close: Libertex rates 3.9/5 and Plus500 rates 4/5. Plus500 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 Plus500's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Libertex has $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. 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.
Libertex lists maximum leverage of 999:1, while Plus500 lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Libertex supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while Plus500 supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. Libertex has exclusive access to MetaTrader 5 and MetaTrader 4.
Plus500 wins for safety & regulation because it holds multiple top-tier licenses (FCA, ASIC, CySEC, MAS, CMA).
Plus500 wins for active traders due to broad instrument coverage of about 2,000.
Libertex is better suited for scalpers: tighter spreads from 0.00 pips.
Libertex wins for platform choice with MT4/MT5 and its own Libertex platform.
Libertex is better for beginners due to a $10 min deposit and transparent pricing.
Plus500 wins for instrument variety with about 2,000 instruments.
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▼ lower | $100 |
|---|
| Spreads From | 0 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 999:1▲ higher | 30:1 |
|---|
| Inactivity Fee | $5/month (after 180 days)▼ lower | $10/month (after 3 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardPayPalSkrillApple Pay |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardPayPalSkrill |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | CySEC | FCA ASIC MAS CySEC CMA |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | Proprietary Web/Mobile |
|---|
| Active bonuses |
|---|
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
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
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
Two brokers go head to head on regulation, platforms, and instrument reach. The tension lies between safety-focused licensing and broader market access.
Libertex and Plus500 are closely matched; the clearest differentiator is regulation status, with Plus500 holding top-tier licenses while Libertex is CySEC-regulated.
Investor compensation scheme coverage
No deposit fees
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
Limited charting capabilities
No MetaTrader support
Limited charting capabilities
No phone support
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
Score 4 / 5
Personalised recommendation
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