Plus500 vs Libertex | Broker Comparison
Review Updated: 2022-05-09
So you are looking to compare forex brokers, no doubt you are looking for a forex broker comparison which will help you find who has the best forex spreads and forex leverage. We can help! We have done extensive research of the major forex brokers to bring you a set of results with customisable comparisons between brokers. Use our tool below to make a quick comparison between two forex brokers to see who has what rates and fees. Over on the right of the screen, you will see two drop-down fields. Select the brokers you want to compare. See our full list of broker comparisons here.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pros
- Heavily regulated in 11 jurisdictions, including FCA, ASIC and CySEC
- Good transparency on fees, better than average on costs
- Proprietary WebTrader platform and app have won many awards, user-friendly
- More than 2,000 popular asset choices on CFD platform
Cons
- Research and education materials could be more comprehensive
- Customer service has no telephone access
- No MT4 or MT5 trading platform products offered
Trading CFDs involves substantial risk of loss and may not be suitable for all investors. Trading such high-risk financial contracts may result in the loss of all the client's invested capital. 77.7% of retail investors lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and can afford to take the high risk of losing your money.
Pros
- Competitive tight spreads, zero commissions on stocks
- MetaTrader4 and 5 trading platform products and superior web version and mobile app
- CySEC regulatory oversight
- 250+ focused product offerings of popular assets for trading
Cons
- Education support could be broader than videos and FAQs
- The product portfolio may appear limited to some investors and traders
- No copy-trading alternative
- Customers from the US are not accepted
Minimum deposit:
100 units of USD, EUR, GBP
100 Euros
Withdrawal fee amount:
None
Free for PayPal and Skrill ( for other methods fees may apply)
Inactivity fee charged (Y/N):
Y
Y
Spread from:
Varies
0.1 pips
Number of instruments:
2,000+
Over 250 tradable assets
Time to open account:
1-2 business days
Minutes
Demo account provided (Y/N):
Y
Y
Countries of regulation:
UK, Cyprus, Australia, New Zealand, South Africa, Seychelles, Estonia, Singapore, Israel, US, Japan
European Economic Area, Switzerland
Products offered:
CFDs in forex, indices, shares, commodities, options, ETFs, and cryptocurrencies in limited jurisdictions, stocks on Plus500Invest (available in certain countries)
over 250 CFDs, onstocks, indices, commodities, metals, cryptocurrencies, ETFs and FX pairs.
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