Libertex vs TopForex, Who's Better?
Read our In-Depth Libertex vs TopForex Review - for 2024
Our Libertex vs TopForex review has been revised for 2024 by seasoned professionals boasting significant expertise in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Libertex vs TopForex 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.
TopForex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Libertex vs TopForex
Each trading platforms has a few ups and downs, and a complete Libertex and TopForex review cannnot be complete without having a fair assessment.
Compare TopForex and Libertex to get a better understanding of how these platforms line up to each other prior to you decide to make an account. Conducting a side-by-side comparison helps to put things into perspective so that you are aware of the expectations.
So you are looking for a professional broker and are choosing between Libertex or TopForex. Who should you choose?
This Libertex vs TopForex comparison contains the most recent information so you can easily compare TopForex against Libertex.
If you are a new entrant in the realm of trading and brokerages, so many facts will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You'll acquire proficient at all of the concepts of brokerage as you keep trading. For starters, you need to select the ideal agent who'll be clear with you always.
Within 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. Libertex and TopForex are two such trading platforms which will take you along with your investment into great heights. It's important that you compare Libertex vs TopForex until you trust them with your cash.
Our Libertex vs TopForex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Libertex and TopForex side by side.
Our entire Libertex vs TopForex Review covers everything you need to learn about trading with either Libertex or TopForex. A fantastic agent can multiply your first investments and provide you positive profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire way to guarantee profits; thus, you should carefully assess your broker before you select them. It's a frequent misconception that all brokers will be the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
Libertex and TopForex are both brokers which have found their way successfully to the brokerage world. Within this review, we have attempted to collate a number of the vital facets of both Libertex and TopForex. This review can help you to understand whether either TopForex or Libertex is a good fit for your own investments or not. We have tried to breakdown all of the features and charges for your advantage.
Benefits of Libertex and TopForex Compared
Libertex offers a minimum deposit of $117 while TopForex has a $100 minimum deposit.
Why smaller minimum deposits are good and how Libertex and TopForex 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 has around 8 financial instruments whilst TopForex allows you to trade around 8 on their platform.
The more financial instruments you can trade on the Libertex and TopForex 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 Libertex or TopForex.
Libertex and TopForex Contact Details
Being able to contact an online trading platform easily is vital. Libertex and TopForex have the following contact details and social medias that you can use.
Broker | Libertex | TopForex |
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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 | TopForex Twitter Account | |
Libertex Facebook Page | TopForex Facebook Page | |
Libertex Instagram Account | TopForex Instagram Account | |
Libertex LinkedIn Page | TopForex LinkedIn Page | |
YouTube | Libertex YouTube Channel | TopForex YouTube Channel |
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TopForex 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.
In this part of our comparison of Libertex and TopForex we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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?
Libertex vs TopForex - Awards
Broker | Libertex | TopForex |
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Awards |
Libertex have won numerous industry awards over the time they have been operating as an online trading platform. We list the most notable awards for Libertex here.
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At the time of writing this TopForex review, and despite TopForex’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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Libertex vs TopForex - Frequently Asked Questions
Libertex vs TopForex - Headquarters And Year Of Founding
Libertex was founded in 2012 and has its headquaters in Cyprus.
TopForex was founded in 2009 and has its headquaters in Cyprus.
What is the minimum deposit for TopForex or Libertex
The minimum deposit for Libertex is $117.
The minimum deposit for TopForex is $100.
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 TopForex are a good choice.
Libertex vs TopForex - Regulation And Licencing In More Detail
Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12.
TopForex is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both Libertex and TopForex have a strong collection of rules for ensuring fair trading on their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Libertex vs TopForex Commission And Fees
Libertex and TopForex are online brokerage platforms, and most 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. In other words, an online broker isn't necessarily affected by the number of clients they have.
However, this does not mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three different types of fees for this purpose.
The first kind of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In these cases, you're spending a spread, funding speed, or even a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Financing or overnight prices are those who are charged when you hold a leveraged position for longer than daily.
Apart from trading fees, online agents also charge non-trading fees. These are determined by the activities you undertake on your account. They're billed for operations like depositing money, not investing for long periods, or withdrawals.
In general, neither Libertex or TopForex charge high fees compared to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who regularly trade, for example weekly or daily trading.
But, non-trading fees billed by Libertex and TopForex are comparatively greater. As a result, you're charged more for non-trading actions in your trading accounts, such as deposits and withdrawal. These aren't about the sale and purchase of resources.
This Libertex vs TopForex review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For Libertex And TopForex
What Languages Do Libertex And TopForex Support?
Being able to talk completely with your trading broker is a key way of comparing brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key factor to success when trading forex.
Below you can find the languages that both Libertex and TopForex support.
How Many Clients Do Libertex and TopForex Have?
Both Libertex and TopForex are well established with their customer base. It is important to work with an online broker that is reputable and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients Libertex and TopForex have
What Payment Methods Do Libertex and TopForex Accept?
Libertex and TopForex 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 TopForex
What Can You Trade With Libertex and TopForex?
Libertex offers 8 trading instruments while TopForex offers 100.
Below you will find a full breakdown of what both Libertex and TopForex offer.
Libertex Review
Libertex vs TopForex:
Table Of Contents
- Compare Libertex vs TopForex
- Benefits of Libertex and TopForex Compared
- TopForex and Libertex Mobile App Comparison
- Libertex vs TopForex - Awards
- Libertex vs TopForex - Frequently Asked Questions
- What is the minimum deposit for TopForex or Libertex
- Libertex vs TopForex - Regulation And Licencing In More Detail
- Compare Broker Fees For Libertex And TopForex
- What Languages Do Libertex And TopForex Support?
- How Many Clients Do Libertex and TopForex Have?
- What Payment Methods Do Libertex and TopForex Accept?
- What Can You Trade With Libertex and TopForex?