IronFX vs Libertex
IronFX or Libertex – which is better for UK traders 2024? Compare IronFX and Libertex in this detailed breakdown of their platforms, features and fees.
| IronFX | Libertex |
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| IronFX is ranked #39 among CFD brokers. | Libertex is ranked #92 among CFD brokers. |
| IronFX is a multi-regulated forex and CFD broker founded in 2010. This award-winning firm offers 500+ markets to over 1.5 million clients across 180 countries. Traders can access various account types with competitive pricing on the MT4 platform, as well as 24/5 customer support in 30 languages. |
Libertex has closed or no longer accepts UK clients.
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. |
| 78% of retail investor accounts lose money when trading CFDs with this provider. | |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| Yes | No |
| Instruments | |
| Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs) | CFDs on Forex, Cryptocurrencies, Metals, Indices, Stocks, Oil & Gas, Agriculture, ETFs |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | €100 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | €20 |
| Regulator | |
| CySEC, FCA, FSCA, BMA / Bermuda | CySEC |
| Mobile Apps | |
| Android, iOS, WebTrader | iOS, Android + Browser |
| Trading 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. |
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| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| Yes | No |
| eSignal | |
| No | No |
| Trading Central | |
| Yes | No |
| STP Account | |
| Yes | No |
| ECN Account | |
| Yes | No |
| DMA Account | |
| No | No |
| MAM Account | |
| Yes | No |
| PAMM Account | |
| Yes | No |
| LAMM Account | |
| Yes | 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 | |
| Yes | No |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | |
| Copy Trading | |
| Yes | No |
| Copy Trading Platform | |
| The TradeCopier service allows aspiring investors to copy the strategies of top traders in real-time. The tool is a great way for beginners to learn from more experienced investors, whilst strategy providers can earn performance fees. | |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| 3% | 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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| Commodities | |
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| CFD | |
| IronFX’s asset list of 300+ instruments covers forex, stocks, commodities and index CFDs. Maximum leverage from 1:30 to 1:1000 is available depending on account location. Traders can access superb technical analysis features, including 30 pre-integrated indicators and 9 charting time frames. | 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 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM) | Up to 1:30 (Retail) |
| FTSE Spread | |
| 140 | Variable |
| GBPUSD Spread< | |
| 0.8 | Variable |
| Oil Spread | |
| 3 | Variable |
| Stocks Spread | |
| Variable | Variable |
| Forex | |
| IronFX continues to offer a strong selection of 80 currency pairs. You can trade through the market-leading MT4 platform with a range of forex market research tools. That said, commission charges in the zero-spread accounts are high, starting from $13.50 per lot. | 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. |
| Assets | |
| 80+ | 50+ |
| GBPUSD Spread | |
| 0.8 | From 0.2 |
| EURUSD Spread | |
| 0.7 | From 0.2 |
| EURGBP Spread | |
| 0.9 | From 0.2 |
| Currency Indices | |
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| IronFX | Libertex |
| 78% of retail investor accounts lose money when trading CFDs with this provider. | |
| More Comparisons | |
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IronFX vs |
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