Libertex vs CMC Markets, 2024 Update
Read our In-Depth Libertex vs CMC Markets Review - 2024 Update
Our comprehensive analysis of Libertex and CMC Markets has been updated for 2024 by seasoned professionals with significant expertise across Forex, CFDs, & Social Trading.
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
Every online trading platforms will have a few advantages and disadvantages, so a complete review of Libertex and CMC Markets cannnot be complete without adopting an objective perspective.
Examine CMC Markets and Libertex to get a better understanding of just how they line up with each prior to you create an account. A comparative analysis can place factors into perspective to ensure that you are aware of the expectations.
So you are looking for an online trading platform and are choosing between Libertex or CMC Markets. Who should you choose?
Our Libertex vs CMC Markets comparison contains the latest 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 nuances will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You will acquire proficient at all the concepts of broker as you continue trading. For starters, you have to select the right broker who'll be clear with you always.
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. Libertex and CMC Markets are just two such stages which will take you and your investment to great heights. It is important to compare Libertex vs CMC Markets until you trust them with your cash.
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 entire Libertex vs CMC Markets Review covers everything you need to learn about trading using either Libertex or CMC Markets. A fantastic broker can multiply your initial investments and provide you favorable profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment goals.
There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully assess your agent before you choose them. It's a common misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments at risk.
Libertex and CMC Markets are both brokers that have found their way successfully to the broker world. Within this review, we have tried to collate some of the vital aspects of both Libertex and CMC Markets. This review will help you to know whether either CMC Markets or Libertex is a good match for your own investments or not. We've attempted to breakdown all of the qualities and charges for your convenience.
Benefits of Libertex and CMC Markets Compared
Libertex offers 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 has around 8 financial instruments while CMC Markets allows you to trade around 8 financial instruments on their platform.
The more financial instruments you can trade on the Libertex and CMC Markets 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 CMC Markets.
Libertex and CMC Markets Contact Details
Being able to contact a broker easily is important. 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 |
Find Out More |
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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.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
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 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 a lot of industry awards over the time they have been running as an online trading platform. We list the most recognised 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 circumstances, 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 choice.
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 on their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, client data is never to 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 many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled better. That is, 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 make money. There are primarily three different types of fees for this objective.
The first kind of charges to look out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you're charged trading charges. In these cases, you are paying a spread, funding speed, or even a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are those that are charged when you hold a leveraged position for more than daily.
Apart from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
In general, neither Libertex or CMC Markets charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who regularly exchange, for example weekly or daily trading.
But, non-trading fees charged by Libertex and CMC Markets are comparatively lower. Consequently, you are charged more for non-trading actions in your trading account, like deposits and withdrawal. These aren't related to the purchase and sale of assets.
This Libertex vs CMC Markets review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For Libertex And CMC Markets
What Languages Do Libertex And CMC Markets Support?
Being able to communicate 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 ensure you understand everything on their site and inside their application as it is a key part of success when trading online.
Here you can find all 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 client 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 they already work with.
Below you will find details of how many clients 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 and 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?