ETFinance vs Libertex, Who's The Best?
Read our In-Depth ETFinance vs Libertex Review - for 2024
This comprehensive analysis of ETFinance and Libertex has been revised for 2024 from seasoned professionals with considerable financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of ETFinance vs Libertex does not apply to all countries as follows:
ETFinance 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 ETFinance vs Libertex
Each trading platforms has some ups and downs, so any comprehensive review of ETFinance and Libertex would not be complete without adopting a fair assessment.
Compare Libertex and ETFinance to understand how they stack up against each other before you choose to create an account. Performing a comparative analysis will put things in perspective to ensure that you're aware of the expectations.
So you are looking for a broker and are choosing between ETFinance or Libertex. Which one is best in 2024?
This ETFinance vs Libertex comparison contains the most recent information so you can easily compare Libertex against ETFinance.
If you are a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You'll acquire proficient at all of the concepts of broker as you keep trading. For starters, you have to select the ideal agent who'll be transparent with you always.
In this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. ETFinance and Libertex are just two such stages which will take you along with your investment into great heights. It's important that you compare ETFinance vs Libertex before you trust them with your cash.
Our ETFinance vs Libertex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ETFinance and Libertex side by side.
Our entire ETFinance vs Libertex Review covers all you need to learn about trading with either ETFinance or Libertex. A good agent can multiply your initial investments and give you positive profits. If you would like to earn profits, you must trade with a broker service that aligns with your investing objectives.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully assess your agent before you select them. It is a common misconception that all brokers are the same, but that's not true. Wrong judgment, in the beginning, can set your investments in danger.
ETFinance and Libertex are both brokers which have paved their way successfully into the broker world. Within this review, we've tried to collate some of the important aspects of both ETFinance and Libertex. This review will allow you to know whether either Libertex or ETFinance is a good fit for your own investments or not. We have attempted to breakdown all the qualities and charges for your advantage.
Benefits of ETFinance and Libertex Compared
ETFinance offers a minimum deposit of $215 while Libertex has a $117 minimum deposit.
Why smaller minimum deposits are good and how ETFinance 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.
ETFinance allows you to trade around 150 financial instruments while Libertex allows you to trade around 150 on their platform.
The more financial instruments you can trade on the ETFinance 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 never want to miss out on a trading opportunity due to the limitations of ETFinance or Libertex.
ETFinance and Libertex Contact Details
Being able to contact your broker simply is important. ETFinance and Libertex have the following contact details and social medias that you can use.
Broker | ETFinance | Libertex |
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Telephone Number | +8 006 003 7004 | +357 22 025 100 |
support@etfinance.eu | info@libertex.com | |
Address | 116 Gladstonos Street, Michael Kyprianou building, 1st Floor, Limassol 3032, Cyprus | |
ETFinance Twitter Account | Libertex Twitter Account | |
ETFinance Facebook Page | Libertex Facebook Page | |
ETFinance Instagram Account | Libertex Instagram Account | |
ETFinance LinkedIn Page | Libertex LinkedIn Page | |
YouTube | ETFinance YouTube Channel | Libertex YouTube Channel |
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Libertex and ETFinance Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing ETFinance and Libertex will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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?
ETFinance vs Libertex - Awards
Broker | ETFinance | Libertex |
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Awards |
ETFinance have won a lot of industry awards over the years they have been running as an online broker. We list the most notable awards for ETFinance below.
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Libertex have won several industry awards over the years they have been running as an online broker. We detail the most recognised awards for Libertex below.
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Find Out More |
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ETFinance vs Libertex - Frequently Asked Questions
ETFinance vs Libertex - Headquarters And Year Of Founding
ETFinance was founded in 2018 and has its head office in Cyprus.
Libertex was founded in 2012 and has its head office in Cyprus.
What is the minimum deposit for Libertex or ETFinance
The minimum deposit for ETFinance is $215.
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 ETFinance and Libertex are a good choice.
ETFinance vs Libertex - Regulation And Licencing In More Detail
ETFinance is regulated by Cyprus Securities and Exchange Commission (CySEC).
Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12.
Both ETFinance and Libertex have a powerful collection of rules for ensuring fair trading onto their own platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare ETFinance vs Libertex Commission And Fees
ETFinance and Libertex are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled much better. That is, an internet broker isn't necessarily influenced by the amount of clients they have.
But this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily three different types of fees for this objective.
The first sort of fees to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In these cases, you're paying a spread, financing rate, or even a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight prices are those who are billed when you maintain a leveraged position for more than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your account. They're charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither ETFinance or Libertex charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who regularly trade, such as weekly or daily trading.
However, non-trading fees charged by ETFinance and Libertex are relatively greater. Consequently, you're charged more for non-trading activities on your trading account, like withdrawal and deposits. These are not related to the purchase and sale of assets.
This ETFinance vs Libertex review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For ETFinance And Libertex
What Languages Do ETFinance And Libertex Support?
Being able to communicate easily with your trading platform is a key way of comparing online brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading online.
Here you can find the languages that both ETFinance and Libertex support.
How Many Clients Do ETFinance and Libertex Have?
Both ETFinance and Libertex are well established with their client base. It is important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many clients ETFinance and Libertex are working with
What Payment Methods Do ETFinance and Libertex Accept?
ETFinance 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 ETFinance and Libertex
What Can You Trade With ETFinance and Libertex?
ETFinance offers 150 trading instruments while Libertex offers 8.
Below you will find a full breakdown of what both ETFinance and Libertex offer.
ETFinance Review
ETFinance vs Libertex:
Table Of Contents
- Compare ETFinance vs Libertex
- Benefits of ETFinance and Libertex Compared
- Libertex and ETFinance Mobile App Comparison
- ETFinance vs Libertex - Awards
- ETFinance vs Libertex - Frequently Asked Questions
- What is the minimum deposit for Libertex or ETFinance
- ETFinance vs Libertex - Regulation And Licencing In More Detail
- Compare Broker Fees For ETFinance And Libertex
- What Languages Do ETFinance And Libertex Support?
- How Many Clients Do ETFinance and Libertex Have?
- What Payment Methods Do ETFinance and Libertex Accept?
- What Can You Trade With ETFinance and Libertex?