Swissquote vs Libertex, Who's The Best?
Read our In-Depth Swissquote vs Libertex Review - Updated for 2024
This comprehensive analysis of Swissquote and Libertex has been refreshed to reflect any changes for 2024 by knowledgeable insiders with considerable financial experience across Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Swissquote vs Libertex does not apply to all countries as follows:
Swissquote 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 Swissquote vs Libertex
Every platforms for online trading will have certain ups and downs, so any comprehensive review of Swissquote and Libertex should not be complete without having an objective perspective.
Assess Libertex and Swissquote to get a better understanding of just how these platforms compare to one another prior to you choose to make an account. Performing a comprehensive comparison will bring aspects into perspective to ensure that you're informed about what you should anticipate.
So you are looking for a broker and are choosing between Swissquote or Libertex. Who should you choose?
This Swissquote vs Libertex comparison contains the latest information so you can easily compare Libertex against Swissquote.
If you are a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the world of trading requires expert assessing skills and comprehensive understanding. You'll get proficient at all of the concepts of broker since you continue trading. For starters, you have to choose the right agent who'll be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. Swissquote and Libertex are just two such trading platforms which will take you and your investment into great heights. It is important to compare Swissquote vs Libertex until you trust them with your money.
Our Swissquote vs Libertex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Swissquote and Libertex side by side.
Our entire Swissquote vs Libertex Review covers all you need to learn about trading using either Swissquote or Libertex. A good agent can multiply your initial investments and give you positive profits. If you would like to earn profits, you should trade with a broker service that aligns with your investing objectives.
There is no sure-fire method to guarantee profits; therefore, you must carefully assess your broker before you select them. It's a common misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, initially, can set your investments in danger.
Swissquote and Libertex are both brokers which have paved their way successfully to the brokerage world. In this review, we've tried to collate a number of the important facets of both Swissquote and Libertex. This review will help you to understand whether either Libertex or Swissquote is a good fit for your own investments or not. We have attempted to breakdown all of the qualities and fees for your advantage.
Benefits of Swissquote and Libertex Compared
Swissquote has a minimum deposit of $0 while Libertex has a $117 minimum deposit.
Why smaller minimum deposits are good and how Swissquote 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.
Swissquote allows you to trade around 100 financial instruments whilst Libertex allows you to trade around 100 on their platform.
The more instruments you can trade on the Swissquote and Libertex 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 Swissquote or Libertex.
Swissquote and Libertex Contact Details
Being able to contact your broker through many ways is a sign of a professional broker. Swissquote and Libertex have the following contact details and social medias that you can use.
Broker | Swissquote | Libertex |
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Telephone Number | +41 44 825 88 88 | +357 22 025 100 |
info@libertex.com | ||
Address | Chemin de la Cr├®taux 33, Gland, Vaud 1196, Switzerland | 116 Gladstonos Street, Michael Kyprianou building, 1st Floor, Limassol 3032, Cyprus |
Swissquote Twitter Account | Libertex Twitter Account | |
Swissquote Facebook Page | Libertex Facebook Page | |
Swissquote Instagram Account | Libertex Instagram Account | |
Swissquote LinkedIn Page | Libertex LinkedIn Page | |
YouTube | Swissquote YouTube Channel | Libertex YouTube Channel |
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Libertex and Swissquote 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 Swissquote 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 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. 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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Swissquote vs Libertex - Awards
Broker | Swissquote | Libertex |
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Awards |
Swissquote have won many industry awards over the time they have been running as an online trading platform. We list the most notable awards for Swissquote here.
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Libertex have won numerous industry awards over the time they have been running as an online broker. We list the most recognised awards for Libertex below.
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Find Out More |
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Swissquote vs Libertex - Frequently Asked Questions
Swissquote vs Libertex - Headquarters And Year Of Founding
Swissquote was founded in 1999 and has its headquaters in Switzerland.
Libertex was founded in 2012 and has its head office in Cyprus.
What is the minimum deposit for Libertex or Swissquote
The minimum deposit for Swissquote 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 Swissquote and Libertex are a good choice.
Swissquote vs Libertex - Regulation And Licencing In More Detail
Swissquote is regulated by Financial Conduct Authority (FCA).
Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12.
Both Swissquote and Libertex have a powerful collection of rules for ensuring honest trading onto their own platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Swissquote vs Libertex Commission And Fees
Swissquote 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 businesses of online trading platforms are scaled much better. That is, an internet broker is not necessarily affected by the number of clients they have.
However, this does not necessarily 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 mainly three types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading fees. In these instances, you're spending a spread, financing rate, or a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight rates are those that are charged when you maintain a leveraged position for more than daily.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake in your account. They are billed for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither Swissquote or Libertex charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who regularly exchange, such as daily or weekly trading.
But, non-trading fees billed by Swissquote and Libertex are comparatively competitive. As a result, you are charged more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't about the purchase and sale of resources.
This Swissquote vs Libertex review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For Swissquote And Libertex
What Languages Do Swissquote And Libertex Support?
Being able to communicate easily with your online platform is a key way of comparing brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key part of success when trading forex.
Below you will find the languages that both Swissquote and Libertex support.
How Many Clients Do Swissquote and Libertex Have?
Both Swissquote and Libertex are well known and trusted. It is important to work with a broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many customers Swissquote and Libertex are active on their platform
What Payment Methods Do Swissquote and Libertex Accept?
Swissquote 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 Swissquote and Libertex
What Can You Trade With Swissquote and Libertex?
Swissquote offers 100 trading instruments whilst Libertex offers 8.
Below you will find a full breakdown of what both Swissquote and Libertex offer.
Swissquote Review
Swissquote vs Libertex:
Table Of Contents
- Compare Swissquote vs Libertex
- Benefits of Swissquote and Libertex Compared
- Libertex and Swissquote Mobile App Comparison
- Swissquote vs Libertex - Awards
- Swissquote vs Libertex - Frequently Asked Questions
- What is the minimum deposit for Libertex or Swissquote
- Swissquote vs Libertex - Regulation And Licencing In More Detail
- Compare Broker Fees For Swissquote And Libertex
- What Languages Do Swissquote And Libertex Support?
- How Many Clients Do Swissquote and Libertex Have?
- What Payment Methods Do Swissquote and Libertex Accept?
- What Can You Trade With Swissquote and Libertex?