Libertex vs IG Group

Libertex vs IG Group Comparison Table 2023
Libertex IG Group
3.6
4.4

IG Group is #3 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Libertex is a well-known broker, established in 2012. The regulated brand has served numerous clients and is regulated by the Cyprus Securities and Exchange Commission with license number 164/12. Libertex offers CFD trading on 250+ underlying assets, including through an innovative and user-friendly proprietary web trader platform. Choose between CFDs on forex, cryptocurrencies, commodities, stocks, indices and ETFs, which are available with tight spreads and low commissions.

IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.

79.1% of retail investor accounts lose money when trading CFDs with this provider. Forex trading involves risk. Losses can exceed deposits.
Comment by Reviewer
"Libertex will appeal to both beginner and experienced traders thanks to its easy-to-use platform and low fees. The brand is also a good pick for share dealing with commission-free stock investing." "IG offers a superb all-round package. Beginners will appreciate the user-friendly web platform and secure trading environment while established investors will rate the 17,000+ markets and top-tier market research."
Pros
  • Very competitive pricing with low commission fees
  • User-friendly platform as well as support for MT4 and MT5
  • Helpful customer support available in multiple languages
  • 250+ underlying assets as well as investment in real shares
  • Accepts wide range of funding methods
  • 40+ industry awards
  • Tight spreads
  • IG is an LSE-listed company with a transparent financial history and a great track record
  • Over 17,000 assets are available spanning stocks, forex, commodities, baskets, futures, options and more
  • IG offers great educational materials including an extensive library of training and support on how to day trade successfully
  • Users have access to a comprehensive range of charts, market news, client sentiment data, and analysis tools
  • Share dealing and ISAs are available for longer term investing
  • Opening an account takes less than 5 minutes
  • 24/5 customer support is available
Cons
  • List of tradeable underlying assets is small compared to rivals
  • Lacks educational content and other features
  • Limited account options
  • No copy trading
  • Inactivity charge
  • No copy trading platform
Awards
  • Best CFD Broker 2023
  • Best Trading Platform 2022
  • Best Crypto CFD Broker 2022
  • Best CFD Broker Europe 2022
  • Best FX Broker 2021
  • Most Trusted Broker Europe 2021
  • Best Trading Platform 2021
  • Best Customer Service 2022 - Online Money Awards
  • Best Spread Betting Provider 2022 - Online Money Awards
  • Best Platform for the Active Trader 2022 - ADVFN International Financial Awards
  • Best Multi Platform Provider 2022 - ADVFN International Financial Awards
  • Best Finance App 2022 - ADVFN International Financial Awards
Instruments
CFDs on Forex, Cryptocurrencies, Metals, Indices, Stocks, Oil & Gas, Agriculture, ETFs CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
Demo Account
Yes Yes
Minimum Deposit
€100 $0
Trading Platforms
  • Libertex (and mobile app)
  • MT4
  • MT5
  • MT4
  • AutoChartist
  • TradingCentral
Payment Methods
Minimum Trade
€20 0.01 Lots
Regulator
CySEC FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA
Margin Trading
Yes Yes
Margin Rate
2.5%
STP Account
No No
ECN Account
No No
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No Yes
Negative Balance Protection
Yes Yes
Market Maker
Yes Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS, Android + Browser iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
Yes - if the client is inactive for 180 calendar day. Applies to clients with a total account balance less than 5000 euros (4500 GBP, 5300 CHF, 22500 PLN respectively) $12
Islamic Account
No No
Account Currencies
  • EUR
  • GBP
  • CHF
  • PLN
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • SEK
  • DKK
  • CHF
  • HKD
  • SGD
Stock Exchanges
Commodities
CFD Trading
Libertex's list of CFDs covers a decent range of tradeable underlying assets, but there isn't much depth with only around 250 in total. Leverage up to 1:30 for retail clients is available in accordance with CySEC regulations, and traders can choose between three excellent trading platforms. Best of all are the tight spreads available on all markets and the zero commissions on investments in stocks. IG offers an impressive suite of 17,000+ CFD instruments. Negative balance protection ensures accounts cannot drop below zero while custom price alerts and the IG Academy enhance the trading experience.
Leverage
Up to 1:30 (Retail) 1:30 (Retail), 1:250 (Pro)
FTSE Spread
Variable 1.0
GBPUSD Spread
Variable 0.9
Oil Spread
Variable 2.8
Stocks Spread
Variable 0.02
Forex Trading
Libertex offers CFD trading on 50+ forex pairs, offering long and short opportunities. Its strength comes in its tight spreads – we were offered 0.2 pips for EUR/USD. IG offers currency trading on its award-winning web platform and mobile app. Comprehensive charts and forex analysis tools are also available through ProRealTime.
Forex App

Libertex offers an iOS and Android-compatible mobile app with advanced features and trading tools. Users can make deposits, execute positions and analyze the markets in a few swipes. Traders can also flick between live and demo mode with one tap.

IG offers a superb all-round trading app. One of the pioneers of mobile trading, the application has been developed and refined over many years, meaning it is now among the best trading apps. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks.

GBPUSD Spread
From 0.2 0.9
EURUSD Spread
From 0.2 0.8
EURGBP Spread
From 0.2 0.9
Assets
50+ 80+
Currency Indices
  • USD
  • USD
Cryptocurrency
With 70+ cryptocurrencies available to trade via CFDs with tight spreads, low commissions and overnight swap fees, Libertex is a great option for crypto CFD traders. The list of crypto CFDs includes the usual major players like Bitcoin and a good variety of lesser-known cryptos such as Tezos. 11 popular cryptos are available, plus two crypto crosses. A crypto index is also offered, following the value of the top 10 digital currencies by market cap. All cryptos are available via CFDs.
Spread
Variable Variable
Coins
  • AAVE
  • ADA
  • ALGO
  • APE
  • APT
  • ARB
  • ATM
  • AVA
  • AXS
  • BCH
  • BNB
  • BTC
  • CAKE
  • CHZ
  • COMP
  • DASH
  • DOGE
  • EGLD
  • ENJ
  • EOS
  • ETC
  • ETH
  • FIL
  • FLOW
  • FTM
  • GMT
  • ICP
  • IOT
  • LNK
  • LTC
  • MANA
  • MATIC
  • MKR
  • NEO
  • NOMG
  • ONT
  • QTM
  • ROSE
  • RUNE
  • SAND
  • SHIB
  • SNX
  • SOL
  • STRAT
  • SUSHI
  • THETA
  • TRX
  • TWT
  • UMA
  • UNI
  • VET
  • XEM
  • XLM
  • XMR
  • XRP
  • XTZ
  • ZEC
  • ZRX
  • BTC
  • BCH
  • LTC
  • ETH
  • ADA
  • DOT
  • DOGE
  • LINK
  • UNI
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
79.1% of retail investor accounts lose money when trading CFDs with this provider. Forex trading involves risk. Losses can exceed deposits.
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