Degiro vs Libertex, for 2024
Read our In-Depth Degiro vs Libertex Review - 2024 Update
This review comparing Degiro and Libertex has been refreshed to reflect any changes for 2024 by seasoned professionals boasting considerable financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Degiro vs Libertex does not apply to all countries as follows:
Degiro Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Libertex Excluded Countries
United States of America, Australia, New Zealand, Belgium, British Virgin Islands, Guam, Lebanon, United States Minor Outlying Islands, Northern Mariana Islands, Uganda, Philippines, Sri Lanka, Kuwait, Azerbaijan, Canada, Armenia, Russian Federation, Japan, Brazil, and Malaysia.
Compare Degiro vs Libertex
Each online trading platforms will have some advantages and disadvantages, and a complete review of Degiro and Libertex cannnot be complete without having a fair assessment.
Assess Degiro and Libertex in order to understand the way they stack up with one another prior to you open an account. Conducting a side-by-side comparison can place factors into perspective so that you are cognizant of what you should anticipate.
So you are looking for a reputable broker and are choosing between Degiro or Libertex. Who should you choose?
This Degiro vs Libertex comparison contains the most recent information so you can easily compare Libertex against Degiro.
If you're a new entrant in the world of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough knowledge. You'll get adept at all the concepts of brokerage as you keep trading. For starters, you need to choose the right broker who will be clear with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. Degiro and Libertex are two such trading platforms that will take you along with your investment to great heights. It is crucial to compare Degiro vs Libertex until you trust them with your money.
Our Degiro vs Libertex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Degiro and Libertex side by side.
Our full Degiro vs Libertex Review covers everything you need to know about trading using either Degiro or Libertex. A good agent can multiply your initial investments and give you positive profits. If you want to make profits, you should trade with a broker service that aligns with your investment goals.
There is no sure-fire way to ensure profits; therefore, you must carefully assess your broker before you select them. It's a frequent misconception that all agents will be the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.
Degiro and Libertex are both brokers that have paved their way successfully to the brokerage world. In this review, we've tried to collate some of the vital facets of both Degiro and Libertex. This review will help you to know whether either Libertex or Degiro is a fantastic match for your investments or not. We have tried to breakdown all the qualities and charges for your convenience.
Benefits of Degiro and Libertex Compared
Degiro offers a minimum deposit of $0 while Libertex has a $117 minimum deposit.
Why smaller minimum deposits are good and how Degiro and Libertex compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Degiro allows you to trade around 84 financial instruments while Libertex allows you to trade around 84 available.
The more financial instruments you can trade on the Degiro and Libertex trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of Degiro or Libertex.
Degiro and Libertex Contact Details
Being able to contact a broker easily is vital. Degiro and Libertex have the following contact details and social medias that you can use.
Broker | Degiro | Libertex |
---|---|---|
Telephone Number | +357 22 025 100 | |
info@libertex.com | ||
Address | 116 Gladstonos Street, Michael Kyprianou building, 1st Floor, Limassol 3032, Cyprus | |
Degiro Twitter Account | Libertex Twitter Account | |
Degiro Facebook Page | Libertex Facebook Page | |
Degiro Instagram Account | Libertex Instagram Account | |
Degiro LinkedIn Page | Libertex LinkedIn Page | |
YouTube | Degiro YouTube Channel | Libertex YouTube Channel |
Find Out More |
|
|
Libertex and Degiro Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of Degiro and Libertex we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Degiro vs Libertex - Awards
Broker | Degiro | Libertex |
---|---|---|
Awards | At the time of writing this Degiro review, and despite Degiro’s impressive offering, the company has surprisingly not garnered any awards to date. |
Libertex have won several industry awards over the years they have been running as an online broker. We list the most notable awards for Libertex below.
|
Find Out More |
|
|
Degiro vs Libertex - Frequently Asked Questions
Degiro vs Libertex - Headquarters And Year Of Founding
Degiro was founded in 1934 and has its headquaters in Netherlands.
Libertex was founded in 2012 and has its head office in Cyprus.
What is the minimum deposit for Libertex or Degiro
The minimum deposit for Degiro is $0.
The minimum deposit for Libertex is $117.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Degiro and Libertex are a good choice.
Degiro vs Libertex - Regulation And Licencing In More Detail
Degiro is regulated by Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB).
Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12.
Both Degiro and Libertex have a powerful set of rules for ensuring honest trading onto their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Degiro vs Libertex Commission And Fees
Degiro and Libertex are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled better. That is, an internet broker is not necessarily affected by the amount of clients they have.
However, this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 types of fees for this objective.
The first kind of charges to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In these instances, you're spending a spread, funding rate, or a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight rates are those that are billed when you maintain a leveraged position for more than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your accounts. They are charged for surgeries like depositing money, not trading for long periods, or withdrawals.
In general, neither Degiro or Libertex charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who often exchange, for example weekly or daily trading.
However, non-trading fees billed by Degiro and Libertex are comparatively greater. Consequently, you are charged more for non-trading activities in your trading accounts, like withdrawal and deposits. These aren't about the sale and purchase of resources.
This Degiro vs Libertex review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For Degiro And Libertex
What Languages Do Degiro And Libertex Support?
Being able to communicate completely with your trading broker is a key way of comparing online brokers to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key factor to success when trading online.
Here you can find the languages that both Degiro and Libertex support.
How Many Clients Do Degiro and Libertex Have?
Both Degiro and Libertex are well established with their client base. It is important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many clients Degiro and Libertex are working with
What Payment Methods Do Degiro and Libertex Accept?
Degiro and Libertex both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Degiro and Libertex
What Can You Trade With Degiro and Libertex?
Degiro offers 84 trading instruments while Libertex offers 8.
Below you will find a full breakdown of what both Degiro and Libertex offer.
Degiro Review
Degiro vs Libertex:
Table Of Contents
- Compare Degiro vs Libertex
- Benefits of Degiro and Libertex Compared
- Libertex and Degiro Mobile App Comparison
- Degiro vs Libertex - Awards
- Degiro vs Libertex - Frequently Asked Questions
- What is the minimum deposit for Libertex or Degiro
- Degiro vs Libertex - Regulation And Licencing In More Detail
- Compare Broker Fees For Degiro And Libertex
- What Languages Do Degiro And Libertex Support?
- How Many Clients Do Degiro and Libertex Have?
- What Payment Methods Do Degiro and Libertex Accept?
- What Can You Trade With Degiro and Libertex?