Plus500 vs Libertex

If you are reading this article, you are likely having trouble deciding whether Plus500 or Libertex is the better trading platform for you. While both platforms generally provide positive user experiences, there are some essential differences to note.

In this Plus500 or Libertex broker comparison, we outline the highlights of each trading platform to help you make a more informed decision. We evaluate:

FeaturePlus500 (visit site)Libertex (visit site)
Headquarter:IsraelRussia
Regulation :
CySEC, FCA, ASIC, FMA, FSCA, MASCySEC
Type of Broker:
Market MakerMarket Maker
U.S. Clients Allowed:
Minimum Deposit:
$100Unspecified
Maximum Leverage:
1:301:30
Commissions / Spreads:
Variable SpreadsBoth
Account 1:
CFDLibertex
Account 2:
MT4
Demo Account:
Islamic Account:
Segregated Account:
Managed Accounts:
Institutional Accounts:
Website Languages:
  • imageEnglish
  • image Chinese
  • Other
  • imageEnglish
  • image Chinese
  • Other
Support Hours:
24/7Unspecified
E-mail Support:
SMS Support:
Chat:
Broker Offers:
82% of retail CFD accounts lose money
.

Features and Platforms

Plus500 and Libertex both display their financial strength via sponsorships of well-known soccer teams, both deploy their proprietary trading platforms, but Libertex also supports automated trading via MT4. While neither offers research to clients, the educational content at Libertex remains more valuable compared to Plus500. Libertex, founded in 1997, has more business experience than Plus500, which caters to clients since 2008. Despite better educational tools, 83.0% of retail traders operate portfolios at a loss at Libertex versus 82% of retail CFD accounts lose money at Plus500, where the asset selection attracts more advanced traders.

FeaturePlus500Libertex
Type of Platform:Proprietary platform, Web-basedMetaTrader 4, Proprietary platform, Web-based
Platform Languages:
  • imageEnglish
  • image Chinese
  • image Spanish
  • image Italian
  • image French
  • image German
  • Other
  • imageEnglish
  • image Chinese
  • image Spanish
  • image Italian
  • image French
  • image German
  • Other
OS Compatibility:
  • imageWindows
  • Mobile
  • Web
  • image iPhone
  • image iPad
  • imageWindows
  • Mobile
  • Web
  • image iPhone
  • image iPad
Trading Signals:
Charting Package:
Market Analysis:
Chart Trading:
Automated Trading:
Scalping:
Hedging:
Mobile Alerts:
Trailing Stops:
Guaranteed Stop Loss:
Guaranteed Limit Orders:
Guaranteed Execution:
One-click Execution:
Interest on Margin:
Web-based Trading:
Mobile Trading:
retail loss rate:
82.00%85.9%

Available Markets

Libertex offers traders assets, commodities, cryptocurrencies, equities, indices, and ETFs. While the choice is sufficient for most new retail traders, more advanced ones demand more assets within each sector. Plus500 delivers on that front with more than 2,000 assets, which also includes options. It allows for more advanced trading strategies as compared to Libertex. Only 41 currency pairs at Libertex provide pure Forex traders with a limited choice, placing this broker in the bottom half. Plus500 maintains 70, ranking it in the top quartile. One sector where Libertex outperforms Plus500 is cryptocurrencies, where a more in-depth selection offers greater exposure.

FeaturePlus500Libertex
ETFs:
CFDs:
Commodities:
Metals:
Stocks:
Oil:
Gold:
Binary Options:
Indices:

Typical Spreads and Fees

Plus500 offers commission-free trading with dynamic spreads and above-average but reasonable costs. Libertex counters with a minimum Forex cost of 0.1 pips and a commission of 0.0003%. Active traders could achieve lower fees at Plus500, dependent on trading time and assets. Libertex charges vary depending on the account type, which is uniform at Plus500. A monthly inactivity charge of $10 applies at Plus500 and Libertex, together with swap rates on leveraged overnight positions. Third-party withdrawal costs depend on the payment processor. The Libertex Status program lowers the final cost of trading, but Plus500 achieves better results.

Security and Trust

While Plus500 maintains regulatory oversight by seven global regulators, Libertex owner Indication Investments Ltd, operates only out of Cyprus. Therefore, all clients manage portfolios under a less competitive environment due to ESMA restrictions, while Plus500 offers greater flexibility. Client deposits remain entirely segregated from corporate funds at both brokers, negative balance protection exists, and an investor compensation fund protects traders from the event of default by Plus500 and Libertex. Both provide clients with a secure trading environment, while Libertex is more trustworthy amid past fines levied against Plus500. Since 2017, it has a clean record, and the London Stock Exchange listing and associated capital requirements add to the security of the trading environment.All client funds deposited with Plus500’s Cyprus subsidiary are held in segregated client bank accounts in accordance with the Cyprus Security and Exchange Commission’s (CySEC) client funds rules. Plus500AU Pty Ltd holds client money in a segregated trust account, in accordance with the Australian legal requirements.

Plus500 vs Libertex – Verdict

Traders seeking a broader asset selection and the ability to deploy more complex trading strategies will have a better choice at Plus500. Libertex provides traders with a superior trading platform, including MT4, for automated trading, but the limited asset portfolio is not suitable for more advanced traders. The educational division at Libertex makes it a smarter choice for new traders, while the cryptocurrency selection is excellent. Plus500 caters to a more experienced trader base, but the trading platform remains below average, and the lack of support for automated trading is notable. While neither broker presents a complete product and services portfolio, traders must decide what is more relevant to their trading needs. Give the MT4 trading platform at Libertex, the choices for additional services outstrips that at Plus500. Both brokers rank in the mid-section of global online brokers, with Plus500 taking a slim overall lead over Libertex, with few exceptions.

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