Compare forex brokers GFTrade VS Libertex

If you're choosing between GFTrade and Libertex forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is GFTrade better than Libertex? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

GFTRADE VS LIBERTEX

GFTrade
GFTrade Overview

GFTrade is a global Forex and CFD broker that is primarily based in Singapore as well as St.Vincent and Grenadines. It is regulated by the FSA and offers low entry for minimum capital requirements, as well as low spreads on the trading of 60 assets across currencies, metals, cryptos, indices, energies and stocks.

Libertex
Libertex Overview

Libertex is an online forex and CFD brokerage brand that operates from Limassol in Cyprus. “Libertex” is the trading arm of Indication Investments Ltd, which is part of the “Forex Club Group”. The Forex Club Group was founded in Russia in 1997 and has expanded their operations to virtually all over the world.

# Broker's Features GFTRADE Availability LIBERTEX Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare GFTrade vs Libertex.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. GFTrade offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency, while Libertex offers Currencies, Commodities, Indices, Stocks, Cryptocurrency.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. GFTrade is DMA, ECN, No dealing desk, STP, while Libertex is Market Maker.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. GFTrade is regulated by FSA, while Libertex regulated by CySEC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Languages Available: Next lets have a look at each broker's different Language options. GFTrade offers Chinese, English, German, Hindi, Indonesian, Itali, while Libertex offers Danish, Dutch, English, French, German, Italian, P Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. GFTrade offers bitcoin, Credit/Debit Cards, FasaPay, Neteller, Skrill, Union Pay different payment methods for each account types, while Libertex offers Credit/Debit Cards, Moneta.ru, Neteller, QIWI, Skrill, Webmoney payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, GFTrade makes MT4 available to clients, while Libertex offers N/A.

The Verdict: GFTrade or Libertex?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, GFTrade is more reliable based on our criteria above. GFTrade has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Only GFTrade Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. GFTrade offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. As GFTrade offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

Are you Satisfied with what They Offer?