Libertex vs World Forex
Libertex or World Forex – which is better for UK traders 2024? Compare Libertex and World Forex in this detailed breakdown of their platforms, features and fees.
| Libertex | World Forex |
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| Libertex is ranked #91 among CFD brokers. | World Forex is ranked #10 among binary options brokers. |
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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. |
World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets. |
| 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 | |
| No | No |
| Instruments | |
| CFDs on Forex, Cryptocurrencies, Metals, Indices, Stocks, Oil & Gas, Agriculture, ETFs | Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| €100 | $1 |
| Payment Methods | |
| Minimum Trade | |
| €20 | 0.01 Lots |
| Regulator | |
| CySEC | SVGFSA |
| Mobile Apps | |
| iOS, Android + Browser | iOS, Android + Web 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. |
The WorldForex Trader Lite app offers very basic mobile trading capabilities. It took upwards of 30+ minutes just to get access to the trading app, with a frustrating process to open an account. The mobile interface itself has a subpar look and feel, encompassing basic charts and order windows. The other issue is that it’s slow and sometimes lags when you move between features and place trades. Ultimately, it trails category leaders. |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| 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 | No |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| Use copy trading signals on MT4 to replicate strategies in your own live account. No additional fees apply and the platform is available via downloadable software plus a web-accessible solution. | |
| Social Trading | |
| No | No |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | Yes |
| Demo Competitions | |
| No | Yes |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| 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) | |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| 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. | World Forex's leveraged CFDs are available on a modest suite of 100+ instruments, including stocks, commodities and forex. Very high leverage up to 1:1000 is available for account balances up to $1000, with lower levels available to accounts with higher balances. |
| Leverage | |
| Up to 1:30 (Retail) | 1:1000 |
| FTSE Spread | |
| Variable | NA |
| GBPUSD Spread< | |
| Variable | NA |
| Oil Spread | |
| Variable | NA |
| Stocks Spread | |
| Variable | From 0.03 |
| Forex | |
| 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. | World Forex offers CFD and digital contract trading on 53 forex pairs, including EUR/USD and GBP/EUR. High leverage is available for CFDs, which can be accessed with competitive spreads on certain account types. |
| Assets | |
| 50+ | 53 |
| GBPUSD Spread | |
| From 0.2 | From 0.6 |
| EURUSD Spread | |
| From 0.2 | From 0.6 |
| EURGBP Spread | |
| From 0.2 | From 0.6 |
| Currency Indices | |
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| 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. | Traders can access CFDs on crypto assets through World Forex's dedicated W-CRYPTO accounts, which offer leveraged cryptocurrency trading with spreads from zero. We rate that you can trade on 10 cryptos paired with the USD and EUR, while crypto-crypto pairs are also available. |
| Spread | |
| Variable | 0 |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry. | |
| Payout | |
| 100% | |
| Expiration Times | |
| 1 minute - 7 days | |
| Boundary Options | |
| No | No |
| Ladder Options | |
| No | No |
| Libertex | World Forex |
| 78% of retail investor accounts lose money when trading CFDs with this provider. | |
| More Comparisons | |
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Libertex vs |
World Forex vs |