Plus500 vs Libertex
| Plus500 | Libertex |
|---|---|
4.1
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3.6
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Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC. |
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. |
| 74.91% of retail investor accounts lose money when trading CFDs with this provider. | |
| Customer Reviews | |
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3
Based on 1 Plus500 customer reviews
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| Comment by Reviewer | |
| "Plus500 offers a super-clean experience for traders with a CFD trading platform that sports a modern design and dynamic charting. That said, the broker’s research tools are limited, fees trail the cheapest brokers, and there’s room for enhancement in its educational resources." | "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." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto | CFDs on Forex, Cryptocurrencies, Metals, Indices, Stocks, Oil & Gas, Agriculture, ETFs |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | €100 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | €20 |
| Regulator | |
| FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA | CySEC |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| Yes | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Mobile Apps | |
| iOS, Android & Windows | iOS, Android + Browser |
| App Review | |
Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here. |
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. |
| Android App Rating | |
4.3 |
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| iOS App Rating | |
4.1 |
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| Auto Trading | |
| No | |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| Yes | No |
| Inactivity Fee | |
| $10 | 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) |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Plus500 presents commission-free CFDs encompassing a vast array of markets, spanning currencies, stocks, indices, and commodities. You can engage in long or short positions on popular assets, benefiting from adaptable leverage without encountering any concealed fees. | 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. |
| Leverage | |
| 1:30 | Up to 1:30 (Retail) |
| FTSE Spread | |
| 1.2 | Variable |
| GBPUSD Spread | |
| 1.1 | Variable |
| Oil Spread | |
| 0.04 | Variable |
| Stocks Spread | |
| 0.08 | Variable |
| Forex Trading | |
| Plus500 provides forex trading through CFDs, featuring narrow spreads across an impressive selection of over 60 currency pairs. During testing, spreads came in as tight as 0.6 pips on the EUR/USD, which is notably lower than many alternatives. | 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. |
| Forex App | |
Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here. |
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. |
| GBPUSD Spread | |
| 1.1 | From 0.2 |
| EURUSD Spread | |
| 0.6 | From 0.2 |
| EURGBP Spread | |
| 1.4 | From 0.2 |
| Assets | |
| 60+ | 50+ |
| Currency Indices | |
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| Cryptocurrency | |
| Investors can trade on rising and falling prices with CFDs on popular cryptos like Bitcoin. Plus500 also stands out for its crypto indices, which offer diversification opportunities by tracking a basket of leading digital currencies. Availability subject to regulation. | 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. |
| Spread | |
| Variable | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| 74.91% of retail investor accounts lose money when trading CFDs with this provider. | |
| More Comparisons | |
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Plus500 vs |
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