Written by ForexBrokers.com
In this head to head comparison of FP Markets vs Libertex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FP Markets and Libertex are both private brokers that are not publicly traded and are not banks, but their regulatory profiles differ in a way that matters to many traders. FP Markets was founded in 2005 and holds 2 Tier-1 licenses and 1 Tier-2 license, which helped it earn a ForexBrokers.com Trust Score of 90 out of 99, placing it in the highly trusted range.
Libertex, founded in 1997, also holds 1 Tier-1 license and 1 Tier-2 license, but its ForexBrokers.com Trust Score is 79 out of 99, which falls into the average risk category. In simple terms, FP Markets comes out ahead on trust and regulation, while Libertex has a longer history but a lower trust rating.
| Feature |
FP Markets
|
Libertex
|
|---|---|---|
| Year Founded | 2005 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
FP Markets is the stronger choice on commissions and fees, especially for traders who use its MetaTrader, cTrader, or Raw ECN pricing. Its Raw ECN account offers very tight spreads, with an all-in cost of about 0.8 pips on EUR/USD once commission is included, while the Standard account is more expensive because of wider spreads. FP Markets also has lower-cost options for active traders on cTrader, though some of its Iress accounts can become costly unless you meet higher deposit or monthly commission requirements. FP Markets is rated 4.5 out of 5 stars and ranks #11 out of 36 brokers for commissions and fees.
Libertex is also competitive, but its pricing is best suited to traders who use its own platform rather than MT4 or MT5. It reported a recent EUR/USD spread of 0.3 pips, though that figure is based on a single trading day and should be seen as a guide rather than a long-term average. On forex, Libertex charges a commission of 5 euros per side on its proprietary platform, or 6 euros per side on MT4 and MT5, which makes the main platform the cheaper option. It also has a low $10 minimum deposit, a 10 euro inactivity fee after six months without activity, and deposit-based discounts for larger accounts. Libertex is rated 4 out of 5 stars and ranks #21 out of 36 brokers for commissions and fees.
Overall, FP Markets offers the better value for most cost-focused traders, especially those looking for low all-in trading costs and a strong ECN-style setup. Libertex can still be a good fit for traders who want a simple platform and low entry deposit, but its commission setup is less competitive once you move beyond its main platform.
| Feature |
FP Markets
|
Libertex
|
|---|---|---|
| Minimum Deposit | $100 AUD | $10 |
| Average spread (EUR/USD) - Standard account | 1.3 | 0.3 |
| All-in Cost EUR/USD - Active | 0.9 | 1.3 |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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FP Markets offers a wider range of investments than Libertex, making it a stronger choice for traders who want more market variety. Both brokers support forex trading as CFDs, offer copy trading, and let clients trade cryptocurrency CFDs rather than buying actual crypto. Neither broker offers exchange-traded securities on U.S. or international stock exchanges, so you cannot buy real shares such as Apple or Vodafone through either platform.
In terms of selection, FP Markets provides 10,000 tradeable symbols and 71 forex pairs, compared with 1,573 symbols and 46 forex pairs at Libertex. This broader lineup is reflected in third-party ratings too: FP Markets scores 4.5 out of 5 for Range of Investments and ranks #17 out of 36 brokers at ForexBrokers.com, while Libertex scores 4 out of 5 and ranks #25. For traders looking for more choice, FP Markets has the edge.
| Feature |
FP Markets
|
Libertex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 1573 |
| Forex Pairs (Total) | 71 | 46 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
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FP Markets and Libertex both give traders a solid mix of platform choices and tools, including free demo accounts, web-based trading, Windows desktop downloads, copy trading, MetaTrader 4, MetaTrader 5, and the ability to place trades directly from a chart. Each broker also earns 4 out of 5 stars for Trading Platforms and Tools, so in day-to-day use, they both cover the basics well for beginners and more active traders alike.
The main difference is that FP Markets offers its own in-house platform, while Libertex does not. That extra option may appeal to traders who want something beyond MetaTrader or a browser platform. In ForexBrokers.com’s ranking for Trading Platforms and Tools, FP Markets places higher at #22 out of 36 brokers, compared with Libertex at #26, giving FP Markets a slight edge overall in this category.
| Feature |
FP Markets
|
Libertex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 43 |
| Charting - Trade From Chart | Yes | Yes |
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FP Markets and Libertex both offer mobile trading apps for iPhone and Android, and each includes price alerts for stocks or forex. Both brokers also earn a 4-star rating for mobile trading apps, showing that they each provide a solid experience for traders who want to manage positions on the go. In ForexBrokers.com’s ranking of 36 brokers, FP Markets places higher at #20, while Libertex sits at #27.
Where the two differ most is in chart and watchlist features. Libertex supports watchlist symbol syncing, so changes made in the app and online account stay aligned, while FP Markets does not. FP Markets also offers trendline drawing and automatically saves chart drawings, which makes it more useful for basic chart analysis on mobile. Libertex, by comparison, does not offer trendline drawing or auto-saving drawings, and its mobile charting includes no technical studies.
| Feature |
FP Markets
|
Libertex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 0 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
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FP Markets and Libertex both give traders access to useful market research, including forex news from major sources, Trading Central tools, sentiment data, and an economic calendar that tracks upcoming global events. Both brokers are also rated 4 out of 5 stars for research, so each offers a solid base for staying informed before placing trades.
The main difference is that FP Markets adds daily market commentary and Autochartist, which can make it easier for traders to spot ideas and follow market trends. Libertex does not offer daily commentary or Autochartist, and this helps explain why FP Markets places slightly higher in ForexBrokers.com’s Research ranking, at #22 out of 36 brokers, compared with Libertex at #25.
| Feature |
FP Markets
|
Libertex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for learning support, FP Markets comes out ahead of Libertex. FP Markets offers forex and CFDs education with at least 10 relevant learning pieces, runs online educational webinars at least once a month, and provides 10 or more beginner videos as well as 10 or more advanced videos. Libertex also has education content and holds a 4-star Education rating, but it does not match FP Markets on the range or frequency of beginner-focused learning tools, and it does not offer monthly educational webinars.
Both brokers are rated 4 stars for Education, but FP Markets is placed higher by ForexBrokers.com at #22 out of 36, compared with Libertex at #33. In simple terms, FP Markets gives new traders more ways to learn through videos and webinars, while Libertex offers a smaller set of education resources for those just starting out.
| Feature |
FP Markets
|
Libertex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FP Markets is better than Libertex. FP Markets finished with an overall rank of #19, while Libertex finished with an overall rank of #32.
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 10,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
| Feature |
FP Markets
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Libertex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 79 |
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When comparing FP Markets vs Libertex, neither online broker offers the ability to buy actual, delivered cryptocurrency, but both do provide access to cryptocurrency CFDs, allowing traders to speculate on crypto price movements without owning the underlying asset.
When comparing FP Markets vs Libertex, both brokers support PayPal, Skrill, and bank wire transfers for deposits and withdrawals, but Libertex also offers ACH/SEPA transfers while FP Markets does not, and neither broker lists Visa or Mastercard as a funding option.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FP Markets | Libertex | |
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| Trust Score | 90 | 79 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Libertex Review |
| Broker Screenshots | FP Markets | Libertex | |
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| Regulation | FP Markets | Libertex | |
|---|---|---|---|
| Trust Score | 90 | 79 | |
| Year Founded | 2005 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | Libertex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FP Markets | Libertex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FP Markets | Libertex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 1573 | |
| Forex Pairs (Total) | 71 | 46 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FP Markets | Libertex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | 0.3 | |
| All-in Cost EUR/USD - Active | 0.9 | 1.3 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FP Markets | Libertex | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $10 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | FP Markets | Libertex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | FP Markets | Libertex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 43 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | FP Markets | Libertex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 0 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FP Markets | Libertex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | Libertex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FP Markets | Libertex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FP Markets Review | Libertex Review |
| Overall | FP Markets | Libertex | |
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| Trust Score | 90 | 79 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Libertex Review |
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