Is Libertex a better overall choice than FXTM?

According to our independent rating system, Libertex edges out FXTM overall, earning a 3.7/5 score compared to FXTM's 3.6/5. Libertex's advantage largely comes from lower trading costs and a broader platform selection, while FXTM counters with stronger regulatory breadth. Your ideal choice depends on whether you prioritize cost efficiency or regulatory diversity — see the full verdict breakdown above.

Which broker has cheaper trading costs, Libertex or FXTM?

Libertex is the more cost-effective option, offering spreads from 0 pips with no per-trade commission. FXTM starts spreads at 0.1 pips and adds a $0.5 per lot commission on top, making it comparatively more expensive for active traders over time.

How much money do I need to open an account with Libertex or FXTM?

Both brokers share an identical entry point, requiring just a $10 minimum deposit to open a trading account. This makes either platform accessible to beginners and smaller-capital traders, with no clear advantage on this specific criterion.

Which broker is more heavily regulated, Libertex or FXTM?

FXTM holds the stronger regulatory position, licensed by three separate authorities: the FCA, CySEC, and the FSCA. Libertex operates under a single CySEC licence. Traders who prioritize regulatory redundancy and oversight across multiple regions may lean toward FXTM for this reason.

What trading platforms are available at Libertex compared to FXTM?

Libertex offers a wider platform selection, including its own Proprietary Web and Proprietary Mobile apps in addition to MT4 and MT5. FXTM sticks to the industry-standard MT4 and MT5 terminals only, without a proprietary alternative.

Can I trade cryptocurrency with both Libertex and FXTM?

Libertex supports crypto trading as part of its six market categories, alongside Forex, CFDs, Stocks, Indices, and Commodities. FXTM's market lineup covers five categories but does not include cryptocurrency, making Libertex the better choice for traders wanting digital asset exposure.

Which broker offers higher leverage, Libertex or FXTM?

FXTM offers higher maximum leverage of up to 1:2000, compared to Libertex's cap of 1:999. Traders seeking maximum leverage flexibility may find FXTM more appealing, though higher leverage always carries increased risk and should be used cautiously.

Is it possible to open accounts with both Libertex and FXTM?

Yes, there is nothing preventing traders from holding accounts at both brokers simultaneously. Many traders diversify across multiple platforms to take advantage of different fee structures, market access, and regulatory protections depending on their strategy.

Do Libertex or FXTM charge deposit or withdrawal fees?

Neither broker charges deposit or withdrawal fees, making both platforms equally efficient in terms of moving funds in and out of your trading account without incurring extra costs.

Which broker is better suited for beginner traders?

Libertex is generally considered the stronger option for beginners, thanks to its intuitive proprietary platforms, zero-commission structure, and low $10 minimum deposit. Its award for 'Best for Beginners' on our rating system reflects this ease of entry and cost simplicity.

Reviewed by Experts Updated 8/22/2026

Libertex vs FXTM: The Complete 2026 Head-to-Head Broker Comparison

Libertex and FXTM are both established brokers based out of Cyprus, but they take very different approaches to pricing, regulation, and platform choice. Our proprietary research gives Libertex the edge overall, though FXTM remains a strong contender for traders who prioritize multi-jurisdictional regulatory coverage.

OVERALL WINNER

Libertex

3.7 / 5Score: 3 / 4

Libertex delivers commission-free trading with spreads from 0 pips and a flexible multi-platform suite built for cost-conscious traders.

Min deposit: $10
Max leverage: 1:999
Spread from: 0 pips
Regulators: CySEC

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FXTM

3.6 / 5Score: 1 / 4

FXTM combines multi-regulator oversight with high leverage ceilings, appealing to traders who prioritize regulatory assurance and capital flexibility.

Min deposit: $10
Max leverage: 1:2000
Spread from: 0.1 pips
Regulators: FCA, CySEC, FSCA

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Overall Winner

Libertex

Best for Beginners

Libertex

Lowest Fees

Libertex

Top Regulation

FXTM

Full comparison Fees & Accounts Pros & cons Verdict Summary FAQ

Side-by-side comparison

Core features compared head-to-head.

Feature	L Libertex	F FXTM
Overview
Rating	3.7 / 5	3.6 / 5
Founded	1997	2011
Headquarters	Limassol, Cyprus	Limassol, Cyprus
Regulation	CySEC	FCA, CySEC, FSCA
Fees & Limits
Min Deposit	$10	$10
Spreads From	0 pips	0.1 pips
Commission	None	$0.5/lot
Max Leverage	1:999	1:2000
Platforms & Markets
Trading Platforms	Proprietary Web, Proprietary Mobile, MT4, MT5	MT4, MT5
Markets Offered	Forex, Cfd, Stocks, Indices, Commodities, Crypto	Forex, Cfd, Stocks, Indices, Commodities

None

Pros & cons

Libertex

Pros

Higher overall rating of 3.7/5 versus FXTM's 3.6/5
Tighter spreads starting from 0 pips, undercutting FXTM's 0.1 pips
No per-trade commission charged on trades
Broader market coverage with six asset classes including cryptocurrency
Wider platform choice with proprietary web and mobile apps in addition to MT4/MT5
Low $10 minimum deposit for easy account access
No deposit or withdrawal fees

Cons

Regulated by only a single authority, CySEC
Lower maximum leverage cap than FXTM at 1:999
Lacks the multi-jurisdictional regulatory redundancy FXTM offers
Newer proprietary platforms may have a smaller feature set than long-established MT4/MT5 tools

FXTM

Pros

Broader regulatory coverage with licences from FCA, CySEC, and FSCA
Higher maximum leverage available at up to 1:2000
Access to trusted, industry-standard MT4 and MT5 platforms
Low $10 minimum deposit requirement
No deposit or withdrawal fees charged

Cons

Wider spreads starting from 0.1 pips compared to Libertex's 0 pips
Additional $0.5 per lot commission charged on trades
Lower overall rating of 3.6/5 versus Libertex's 3.7/5
No proprietary platform option, limited to MT4 and MT5 only
No cryptocurrency market access unlike Libertex

Our expert verdict

Editor's verdict

Overall winner Libertex

Lowest fees Libertex

Best regulation FXTM

Better for beginners Libertex

Libertex is our recommended pick overall, earning a 3.7/5 rating compared to FXTM's 3.6/5 on our independent scoring system. Libertex wins on cost efficiency with spreads from 0 pips and zero per-trade commissions, plus a broader platform suite that includes proprietary web and mobile apps alongside MT4 and MT5. FXTM counters with a wider regulatory footprint across the FCA, CySEC, and FSCA, plus notably higher maximum leverage of 1:2000, making it the stronger choice for traders who prioritize regulatory breadth above all else.

Regulation & Safety

FXTM holds the clear advantage when it comes to regulatory breadth. It is licensed by three separate regulators — the FCA (UK), CySEC (Cyprus), and the FSCA (South Africa) — giving it a genuinely global regulatory footprint that appeals to traders across different regions.

Libertex, by contrast, operates under a single CySEC license. While CySEC is a respected EU regulator that enforces segregated client funds and negative balance protection, having only one licence means less redundancy and fewer regional protections compared to FXTM's multi-jurisdictional setup.

For traders who place regulatory diversity and oversight at the top of their priority list, FXTM is the stronger option. However, both brokers meet baseline standards for fund segregation and operate transparently within their respective licensing frameworks.

Fees, Spreads & Commissions

This is where Libertex pulls ahead decisively. Spreads start from 0 pips at Libertex, undercutting FXTM's 0.1 pip starting spread, and Libertex charges no per-trade commission at all.

FXTM, meanwhile, layers a $0.5 per lot commission on top of its slightly wider spreads, which can add up meaningfully for high-frequency or high-volume traders over time.

Neither broker charges deposit or withdrawal fees, which is a welcome point of parity. But on raw trading cost alone, Libertex is the more economical choice for the average retail trader, especially those trading frequently or in larger volumes.

Trading Platforms & Tools

Libertex offers a noticeably broader platform lineup. In addition to the industry-standard MT4 and MT5, it also provides its own Proprietary Web and Proprietary Mobile platforms, giving traders more flexibility to choose an interface suited to their style.

FXTM keeps things simpler, supporting only MT4 and MT5. While these are powerful, battle-tested platforms trusted by millions of traders worldwide, the lack of a proprietary alternative may feel limiting to traders who prefer more modern, streamlined interfaces.

For traders who value platform variety and want the option to trade outside the traditional MetaTrader ecosystem, Libertex's proprietary offerings give it a meaningful edge.

Leverage & Market Access

FXTM offers substantially higher maximum leverage at 1:2000, compared to Libertex's 1:999 cap. Aggressive traders seeking maximum capital efficiency may find FXTM's leverage ceiling more appealing, though higher leverage always carries proportionally higher risk.

On market breadth, Libertex edges ahead with six distinct market categories — Forex, CFDs, Stocks, Indices, Commodities, and Crypto — while FXTM covers five, notably excluding crypto from its market lineup.

Traders who want exposure to digital assets alongside traditional instruments will find Libertex the more complete offering, while leverage-focused traders may lean toward FXTM.

Account Accessibility & Minimum Deposit

Both brokers are equally accessible from a cost-of-entry standpoint, with each requiring just a $10 minimum deposit to open an account. This makes both platforms suitable for beginners or traders testing strategies with smaller capital.

Neither broker charges deposit or withdrawal fees, further reducing the barrier to entry and letting traders move funds freely without incurring extra costs.

Given the identical entry requirements, this category is essentially a tie — the deciding factors for most traders will come down to fees, platform choice, and regulatory preference rather than account accessibility.

Our Verdict

Libertex is our recommended pick in this comparison, scoring 3.7/5 versus FXTM's 3.6/5 on our independent rating system. It wins decisively on trading costs with tighter spreads and zero commissions, and it offers a broader set of platforms and tradable markets, including crypto.

FXTM remains a solid, credible alternative, particularly for traders who prioritize regulatory breadth across multiple jurisdictions or who want access to higher maximum leverage.

For the majority of retail traders — especially those focused on minimizing costs and wanting platform flexibility — Libertex offers the stronger overall package.

Verdict summary

The bottom line — category winners and our final pick based on ratings.

Editor's verdict

Libertex wins overall

Libertex edges out FXTM overall based on our expert rating score.

Highest Rated

Libertex

3.7 / 5 / 5

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Category winners

Overall winner
Based on overall expert rating (3.7/5).
Libertex
Better for beginners
Stronger onboarding and educational resources.
Libertex
Lower trading costs
More competitive spreads and baseline commissions.
Libertex
Stronger regulation
Higher trust based on tier-1 regulatory oversight.
FXTM

Frequently asked questions

Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.