Higher Rated
FxPro
Capital at risk · T&Cs apply
In the competitive landscape of online trading, FxPro and Libertex offer distinct advantages that cater to different types of traders. FxPro, with its strong reputation and FCA regulation, appeals to those who prioritise security and a comprehensive trading platform selection, including MT4 and MT5, although it comes with higher spreads and a $100 minimum deposit. In contrast, Libertex attracts cost-conscious traders with its zero-spread trading and low $10 minimum deposit, but it lacks FCA regulation and is not available in the UK or US markets. The choice between these brokers largely depends on whether a trader values regulatory oversight and platform variety or low entry costs and commission-based trading.
FxPro
Libertex
| FxPro | Libertex | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.7/5 |
| Min. Deposit | $100 | $10 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:500 | 1:999 ✓ |
| Regulation | FCA, CySEC, ASIC ✓ | CySEC |
| Platforms | MT4, MT5, Proprietary Web | Proprietary Web, Proprietary Mobile, MT4 |
FxPro is the better choice overall, scoring 4.1/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Libertex offers lower spreads (0 pips).
See full side-by-side comparison belowFxPro
Libertex
FxPro
Libertex
Lower feesFxPro is a well-established broker headquartered in London, UK, and regulated by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). These regulatory bodies ensure that FxPro adheres to strict financial standards and offers robust client fund protection, including segregated accounts and negative balance protection.
On the other hand, Libertex is headquartered in Limassol, Cyprus, and is regulated solely by CySEC. While CySEC provides a reasonable level of regulatory oversight, it lacks the additional security layers offered by FCA and ASIC licences. Furthermore, Libertex does not operate in the UK or US, which may limit its appeal to traders seeking an internationally recognised regulatory environment.
FxPro offers spreads starting from 0.6 pips with no commissions on most trading accounts, making it a competitive option for traders who prefer a spread-based cost structure. The minimum deposit requirement is $100, and maximum leverage is 1:500. However, traders should be aware of potentially higher spreads on standard accounts and limited cryptocurrency offerings.
Libertex adopts a zero-spread, commission-based model, which may appeal to traders seeking transparent pricing. With spreads from 0 pips, Libertex charges commissions on trades, which can sometimes be less transparent than traditional spread-based models. The broker has a lower minimum deposit of $10 and offers maximum leverage of 1:999. However, this high leverage can increase risk, particularly for less experienced traders.
FxPro offers a versatile range of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary web and mobile platforms. This variety caters to both novice and experienced traders, with MT4 and MT5 widely recognised for their robust features and user-friendly interfaces. Libertex also supports MT4 and MT5, alongside its proprietary web and mobile platforms, known for their intuitive design. However, the lack of FCA regulation may offset its platform benefits for some traders.
FxPro is the better choice for beginners due to its robust regulatory framework and user-friendly platforms. For professional traders, FxPro also takes the lead, offering a wider range of regulated markets and platforms. On fees, Libertex presents a cost-effective model with zero spreads, though its commission structure requires careful consideration.
FxPro
4.1/5
Choose FxPro if you want…
Libertex
3.7/5
Choose Libertex if you want…
FxPro scores higher overall on our independent rating system. FxPro holds a 4.1/5 rating vs Libertex's 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
FxPro offers spreads from 0.6 pips, while Libertex starts at 0 pips. Check the fees section above for a full breakdown.
FxPro requires a minimum deposit of $100. Libertex requires $10.
FxPro is regulated by FCA, CySEC, ASIC, while Libertex holds licences from CySEC.
FxPro supports MT4, MT5, Proprietary Web, Proprietary Mobile. Libertex supports Proprietary Web, Proprietary Mobile, MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.