freetrade vs Libertex, Who's The Best?
Read our In-Depth freetrade vs Libertex Review - Updated for 2023
This freetrade vs Libertex review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this freetrade vs Libertex review does not apply to all countries as follows:
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
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 freetrade vs Libertex
Every online trading platform will have some ups and downs, and no freetrade and Libertex review would be complete without showing both sides. Compare freetrade and Libertex to understand how they line up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a broker and are choosing between freetrade or Libertex. Who should you choose?
Our freetrade vs Libertex comparison contains the latest information so you can easily compare Libertex against freetrade.
If you're a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You'll acquire adept at all the concepts of broker since you keep trading. For starters, you have to select the ideal broker who will be transparent with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program has the potential to create hefty returns. freetrade and Libertex are two such trading platforms which will take you and your investment into great heights. It's crucial that you compare freetrade vs Libertex until you trust them with your money.
Our freetrade vs Libertex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and Libertex side by side.
Our entire freetrade vs Libertex Review covers all you will need to know about trading with either freetrade or Libertex. A fantastic broker can multiply your initial investments and provide you positive profits. If you would like to earn profits, you must trade with a broker service that aligns with your investment objectives.
There is no sure-fire method to guarantee profits; therefore, you should carefully analyze your broker before you select them. It is a frequent misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, in the beginning, can set your investments at risk.
freetrade and Libertex are both brokers that have found their way successfully to the broker world. In this review, we have attempted to collate some of the vital aspects of both freetrade and Libertex. This review will allow you to know whether either Libertex or freetrade is a good fit for your own investments or not. We have tried to breakdown all the qualities and fees for your convenience.
Benefits of freetrade and Libertex Compared
freetrade has a minimum deposit of $0 while Libertex has a $117 minimum deposit.
Why smaller minimum deposits are good and how freetrade 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.
freetrade allows you to trade around 115 financial instruments whilst Libertex allows you to trade around 115 financial instruments on their platform.
The more financial instruments you can trade on the freetrade 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 freetrade or Libertex.
freetrade and Libertex Contact Details
Being able to contact your broker simply is vital. freetrade and Libertex have the following contact details and social medias that you can use.
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| Broker | freetrade | Libertex |
| Telephone Number | +44 203 488 2539 | +357 22 025 100 |
| hello@freetrade.io | info@libertex.com | |
| Address | 68 Hanbury St, London, Greater London E1 5JL, GB | 116 Gladstonos Street, Michael Kyprianou building, 1st Floor, Limassol 3032, Cyprus |
| freetrade Twitter Account | Libertex Twitter Account | |
| freetrade Facebook Page | Libertex Facebook Page | |
| freetrade Instagram Account | Libertex Instagram Account | |
| freetrade LinkedIn Page | Libertex LinkedIn Page | |
| YouTube | freetrade YouTube Channel | Libertex YouTube Channel |
| Find Out More |
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Libertex and freetrade 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.
This part of comparing freetrade and Libertex will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the 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 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?
freetrade vs Libertex - Awards
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| Broker | freetrade | Libertex |
| Awards |
freetrade have won numerous industry awards over the years they have been running as a financial broker. We list the most recognised awards for freetrade below.
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Libertex have won a lot of industry awards over the time they have been operating as an online broker. We detail the most notable awards for Libertex below.
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freetrade vs Libertex - Frequently Asked Questions
freetrade vs Libertex - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its head office in United Kingdom.
Libertex was founded in 2012 and has its head office in Cyprus.
What is the minimum deposit for Libertex or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for Libertex is $117.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both freetrade and Libertex are a good choice.
freetrade vs Libertex - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12.
Both freetrade and Libertex have a powerful set of rules for ensuring fair trading on their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare freetrade vs Libertex Commission And Fees
freetrade and Libertex are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. In other words, an internet broker is not necessarily influenced by the amount of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly three different types of fees for this purpose.
The first sort of charges to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In these instances, you're spending a spread, funding rate, or even a commission. The kinds 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 price. Financing or overnight rates are those who are charged when you hold a leveraged position for longer than daily.
Aside from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake in your account. They are billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither freetrade or Libertex charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who often exchange, such as weekly or daily trading.
However, non-trading fees charged by freetrade and Libertex are comparatively competitive. As a result, you are charged more for non-trading actions on your trading accounts, such as withdrawal and deposits. These aren't related to the purchase and sale of resources.
This freetrade vs Libertex review for 2023 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For freetrade And Libertex
What Languages Do freetrade And Libertex Support?
Being able to talk completely with your online broker is a key way of comparing online brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key factor to success when trading forex.
Below you will find all the languages that both freetrade and Libertex support.
How Many Clients Do freetrade and Libertex Have?
Both freetrade and Libertex are well known and trusted. 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 clients are using their services.
Below you will find details of how many clients freetrade and Libertex have
What Payment Methods Do freetrade and Libertex Accept?
freetrade 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 freetrade and Libertex
What Can You Trade With freetrade and Libertex?
freetrade offers 115 trading instruments while Libertex offers 8.
Below you will find a full breakdown of what both freetrade and Libertex offer.
Compare freetrade To All Other Brokers
Compare Libertex To All Other Brokers