freetrade vs Libertex, Who's The Best?
Read our In-Depth freetrade vs Libertex Review - 2024 Update
This freetrade vs Libertex review has been revised to reflect any changes for 2024 from industry experts with considerable financial experience across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs Libertex 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
All online trading platforms will have a few pros and cons, and any comprehensive review of freetrade and Libertex should not be complete without adopting a fair assessment.
Assess freetrade and Libertex in order to understand how these platforms compare with each other before you decide to create an account. Conducting a comprehensive comparison can put things in perspective in order 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 most recent information so you can easily compare Libertex against freetrade.
If you are a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the area of trading requires expert analyzing skills and thorough knowledge. You'll get adept at all the concepts of broker since you keep trading. For starters, you need to select the right broker who will be transparent with you always.
Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program has the potential to create hefty returns. freetrade and Libertex are two such stages which will take you and your investment to great heights. It's important to compare freetrade vs Libertex before 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 full freetrade vs Libertex Review covers all you need to learn about trading using either freetrade 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 contrasts with your investment goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully analyze your broker before you select them. It's a frequent misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.
freetrade and Libertex are both brokers which have paved their way successfully to the broker world. In this review, we've tried to collate a number of the vital aspects of both freetrade and Libertex. This review can allow you to understand whether either Libertex or freetrade is a good match for your own investments or not. We have attempted to breakdown all of the features and fees for your advantage.
Benefits of freetrade and Libertex Compared
freetrade has a minimum deposit of $0 while Libertex offers 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 while Libertex allows you to trade around 115 available.
The more financial instruments you can trade on the freetrade 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 seriously do not 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 important. freetrade and Libertex have the following contact details and social medias that you can use.
|Telephone Number||+44 203 488 2539||+357 22 025 100|
|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||
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 average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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
freetrade have won numerous industry awards over the years they have been operating as an online trading platform. We show the most recognised awards for freetrade here.
Libertex have won numerous industry awards over the time they have been operating as an online trading platform. We show the most recognised awards for Libertex below.
|Find Out More||
freetrade vs Libertex - Frequently Asked Questions
freetrade vs Libertex - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
Libertex was founded in 2012 and has its headquaters 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 option.
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 strong set of rules for ensuring honest trading on their platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy policies, client data is never to 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 most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an internet broker is not necessarily affected by the number of customers they have.
However, this does not mean that online brokers do not charge any fees. They charge fees 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 an actual trade, like purchasing a stock or an ETF, you are billed trading charges. In these cases, you are paying a spread, financing speed, or even a commission. The sorts of trading fees and the prices differ 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 price. Funding or overnight prices are those who are charged when you hold a leveraged position for longer than a day.
Apart from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake in your account. They are billed for surgeries like depositing cash, not investing for long periods, or withdrawals.
In general, neither freetrade or Libertex charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, for example daily or weekly trading.
But, non-trading fees billed by freetrade and Libertex are comparatively higher. As a result, you're billed more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't about the purchase and sale of assets.
This freetrade vs Libertex review for 2024 breaks down each 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 chat completely with your online platform is a key way of comparing trading platforms to find your perfect broker. Not only for support but to ensure you understand everything on their website and inside their app as it is a key part of success when trading forex.
Here you will find all the languages that both freetrade and Libertex offer communication in.
How Many Clients Do freetrade and Libertex Have?
Both freetrade and Libertex are well established with their customer base. It is really important to work with a broker that is reputable and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many users freetrade and Libertex are working with
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 and Libertex offers 8.
Below you will find a full breakdown of what both freetrade and Libertex offer.
freetrade vs Libertex:
Table Of Contents
- Compare freetrade vs Libertex
- Benefits of freetrade and Libertex Compared
- Libertex and freetrade Mobile App Comparison
- freetrade vs Libertex - Awards
- freetrade vs Libertex - Frequently Asked Questions
- What is the minimum deposit for Libertex or freetrade
- freetrade vs Libertex - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And Libertex
- What Languages Do freetrade And Libertex Support?
- How Many Clients Do freetrade and Libertex Have?
- What Payment Methods Do freetrade and Libertex Accept?
- What Can You Trade With freetrade and Libertex?