Libertex vs CMC Markets, 2024 Update
Read our In-Depth Libertex vs CMC Markets Review - for 2024
Our Libertex vs CMC Markets review has been revised to reflect any changes for 2024 by industry experts boasting significant expertise across Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Libertex vs CMC Markets does not apply to all countries as follows:
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.
CMC Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Libertex vs CMC Markets
Each online trading platforms feature a few ups and downs, so a complete Libertex and CMC Markets review should not be regarded as thorough without embracing an objective perspective.
Examine Libertex and CMC Markets to get a better understanding of how they line up with one another prior to you decide to create an account. A side-by-side comparison can bring aspects in perspective in order that you remain informed about what you should anticipate.
So you are looking for an online trading platform and are choosing between Libertex or CMC Markets. Which one is best in 2024?
Our Libertex vs CMC Markets comparison contains the most recent information so you can easily compare CMC Markets against Libertex.
If you're a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the area of trading requires expert assessing skills and thorough understanding. You will get proficient at all the concepts of brokerage since you keep trading. For starters, you need to select the right agent who will be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. Libertex and CMC Markets are two such companies that will take you along with your investment into great heights. It's crucial that you compare Libertex vs CMC Markets until you trust them with your money.
Our Libertex vs CMC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Libertex and CMC Markets side by side.
Our full Libertex vs CMC Markets Review covers everything you need to know about trading using either Libertex or CMC Markets. A fantastic agent can multiply your first investments and give you favorable profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investment objectives.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully analyze your agent before you choose them. It's a common misconception that all agents are exactly the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
Libertex and CMC Markets are both brokers that have found their way successfully into the brokerage world. Within this review, we've tried to collate some of the important facets of both Libertex and CMC Markets. This review will allow you to understand whether either CMC Markets or Libertex is a good match for your own investments or not. We've tried to breakdown all of the qualities and fees for your convenience.
Benefits of Libertex and CMC Markets Compared
Libertex has a minimum deposit of $117 while CMC Markets has a $200 minimum deposit.
Why smaller minimum deposits are good and how Libertex and CMC Markets 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.
Libertex allows you to trade around 8 financial instruments while CMC Markets has around 8 on their platform.
The more instruments you can trade on the Libertex and CMC Markets 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 should never want to miss out on a trading opportunity due to the limitations of Libertex or CMC Markets.
Libertex and CMC Markets Contact Details
Being able to contact an online trading platform easily is a sign of a professional broker. Libertex and CMC Markets have the following contact details and social medias that you can use.
Broker | Libertex | CMC Markets |
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Telephone Number | +357 22 025 100 | |
info@libertex.com | ||
Address | 116 Gladstonos Street, Michael Kyprianou building, 1st Floor, Limassol 3032, Cyprus | |
Libertex Twitter Account | CMC Markets Twitter Account | |
Libertex Facebook Page | CMC Markets Facebook Page | |
Libertex Instagram Account | CMC Markets Instagram Account | |
Libertex LinkedIn Page | CMC Markets LinkedIn Page | |
YouTube | Libertex YouTube Channel | CMC Markets YouTube Channel |
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CMC Markets and Libertex 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 Libertex and CMC Markets 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. 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?
Libertex vs CMC Markets - Awards
Broker | Libertex | CMC Markets |
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Awards |
Libertex have won numerous industry awards over the years they have been operating as an online broker. We show the most notable awards for Libertex below.
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At the time of writing this CMC Markets review, and despite CMC Markets’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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Libertex vs CMC Markets - Frequently Asked Questions
Libertex vs CMC Markets - Headquarters And Year Of Founding
Libertex was founded in 2012 and has its headquaters in Cyprus.
CMC Markets was founded in 1989 and has its head office in UK.
What is the minimum deposit for CMC Markets or Libertex
The minimum deposit for Libertex is $117.
The minimum deposit for CMC Markets is $200.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Libertex and CMC Markets are a good option.
Libertex vs CMC Markets - Regulation And Licencing In More Detail
Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12.
CMC Markets is regulated by Financial Conduct Authority (FCA).
Both Libertex and CMC Markets have a strong collection of rules for ensuring honest trading onto their own platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Libertex vs CMC Markets Commission And Fees
Libertex and CMC Markets are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled better. In other words, an internet broker isn't necessarily influenced by the amount of clients they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily 3 types of fees for this objective.
The first kind of fees to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In these cases, you are spending a spread, financing rate, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are those that are charged when you hold a leveraged position for more than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They are charged for operations like depositing cash, not trading for long periods, or withdrawals.
Generally, neither Libertex or CMC Markets charge high fees compared to other online brokers. For operations other agents charge for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who regularly exchange, such as daily or weekly trading.
But, non-trading fees charged by Libertex and CMC Markets are comparatively competitive. Consequently, you are charged more for non-trading actions in your trading account, such as deposits and withdrawal. These aren't related to the sale and purchase of resources.
This Libertex vs CMC Markets review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For Libertex And CMC Markets
What Languages Do Libertex And CMC Markets Support?
Being able to talk easily with your online platform is a key part of comparing online brokers to find the best broker. Not only for support but to ensure you completely 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 Libertex and CMC Markets offer communication in.
How Many Clients Do Libertex and CMC Markets Have?
Both Libertex and CMC Markets are well established with their customer base. It is really important to work with a broker that is professional and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many users Libertex and CMC Markets have
What Payment Methods Do Libertex and CMC Markets Accept?
Libertex and CMC Markets 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 Libertex and CMC Markets
What Can You Trade With Libertex and CMC Markets?
Libertex offers 8 trading instruments whilst CMC Markets offers 100.
Below you will find a full breakdown of what both Libertex and CMC Markets offer.
Libertex Review
Libertex vs CMC Markets:
Table Of Contents
- Compare Libertex vs CMC Markets
- Benefits of Libertex and CMC Markets Compared
- CMC Markets and Libertex Mobile App Comparison
- Libertex vs CMC Markets - Awards
- Libertex vs CMC Markets - Frequently Asked Questions
- What is the minimum deposit for CMC Markets or Libertex
- Libertex vs CMC Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For Libertex And CMC Markets
- What Languages Do Libertex And CMC Markets Support?
- How Many Clients Do Libertex and CMC Markets Have?
- What Payment Methods Do Libertex and CMC Markets Accept?
- What Can You Trade With Libertex and CMC Markets?