Written by ForexBrokers.com
In this head to head comparison of IC Markets vs Libertex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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IC Markets and Libertex are both private online brokers, meaning neither is publicly traded and neither operates as a bank. IC Markets was founded in 2007, while Libertex has been around since 1997. In terms of trust, ForexBrokers.com gives IC Markets a Trust Score of 83 out of 99, which puts it in the trusted range, while Libertex scores 79, which falls into the average risk category.
Looking at regulation, IC Markets holds 2 Tier-1 licenses and 0 Tier-2 licenses, while Libertex has 1 Tier-1 license and 1 Tier-2 license. Since ForexBrokers.com treats Tier-1 licenses as highly trusted and Tier-2 licenses as trusted, IC Markets has a slight edge on regulatory standing and overall trust rating compared with Libertex.
| Feature |
IC Markets
|
Libertex
|
|---|---|---|
| Year Founded | 2007 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 2 |
IC Markets is the stronger choice for commissions and fees, earning 5 stars and ranking #5 out of 36 brokers in ForexBrokers.com’s Commissions and Fees category. Its pricing is especially appealing for forex traders who want low overall trading costs, with tight spreads on its Raw Spread and cTrader Raw Spread accounts. The cTrader-linked account charges $3.00 per side per 100,000 units, while the MT4/MT5 Raw Spread account charges $3.50 per side, and the commission-free Standard account is also competitive with an average EUR/USD spread of 0.62 pips.
Libertex is still a low-cost broker, but it comes in behind IC Markets on overall value, with 4 stars and a ranking of #21 out of 36 brokers for commissions and fees. Its proprietary platform offers the better forex pricing, with a typical EUR/USD spread around 0.3 pips and a commission of 5 euros per side, or 10 euros round turn, per 100,000 units. On MT4 and MT5, that commission rises to 6 euros per side, making the built-in Libertex platform the cheaper option for active traders.
In simple terms, both brokers can be affordable, but IC Markets usually has the edge for lower all-in trading costs and more flexible account choices. Libertex stands out for its low $10 minimum deposit and easy-to-understand fee setup, but its monthly inactivity fee and higher commissions on MT4/MT5 make it a less attractive pick for frequent forex trading. For commission and fee savings alone, IC Markets is the better overall deal.
| Feature |
IC Markets
|
Libertex
|
|---|---|---|
| Minimum Deposit | $200 | $10 |
| Average spread (EUR/USD) - Standard account | 0.62 | 0.3 |
| All-in Cost EUR/USD - Active | 0.62 | 1.3 |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
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IC Markets has the wider range of investments overall, with 3,583 tradeable symbols and 61 forex pairs, compared with Libertex’s 1,573 symbols and 46 forex pairs. Both brokers let you trade forex as a CFD or spot contract, offer copy trading, and provide cryptocurrency CFDs, but neither allows you to buy delivered crypto directly. In simple terms, IC Markets gives traders more market choice, especially for those looking for a broader list of instruments.
When it comes to shares, neither broker offers exchange-traded securities on U.S. exchanges, such as Apple shares, but IC Markets does let clients buy exchange-traded securities on international markets, while Libertex does not. That extra access helps explain why IC Markets scores higher for range of investments, at 4.5 out of 5 stars and #22 out of 36 brokers, compared with Libertex’s 4 out of 5 stars and #25 ranking.
| Feature |
IC Markets
|
Libertex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 3583 | 1573 |
| Forex Pairs (Total) | 61 | 46 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | 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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IC Markets and Libertex are closely matched when it comes to trading platforms and tools. Both brokers offer a free demo account for paper trading, Windows desktop and web-based platforms, copy trading, MetaTrader 4, MetaTrader 5, and the ability to place trades directly from a chart. Neither broker has a proprietary in-house platform, so traders who prefer a built-in app made by the broker will not find one at either provider.
For platform quality, both IC Markets and Libertex receive 4 out of 5 stars for Trading Platforms and Tools, but IC Markets holds the stronger ForexBrokers.com ranking at #17 out of 36 brokers, compared with Libertex at #26. That suggests both are solid choices for traders who want familiar third-party tools and flexible ways to trade, with IC Markets having a slight edge in overall category standing.
| Feature |
IC Markets
|
Libertex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | 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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IC Markets and Libertex both give traders mobile access through iPhone and Android apps, and both include price alerts for stocks and forex. Each broker also earns a 4-star rating for mobile trading apps, so both are solid choices for trading on the go. In ForexBrokers.com’s mobile app rankings, IC Markets places higher at #22 out of 36 brokers, while Libertex sits at #27.
Where IC Markets stands out is in charting and app tools. Its mobile app includes 30 technical studies, lets users draw trendlines, and automatically saves chart drawings. Libertex, by contrast, offers no technical studies in its mobile app, does not support trendline drawing, and does not auto-save drawings. Libertex does have one key advantage: watchlists sync with the online account, while IC Markets does not offer watchlist syncing between mobile and web.
| Feature |
IC 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 | 30 | 0 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
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IC Markets and Libertex both give traders access to useful market research tools, but IC Markets has the edge overall. IC Markets offers daily market commentary, while Libertex does not. Both brokers provide forex news from top sources such as Bloomberg, Reuters, or Dow Jones, along with Trading Central tools, sentiment data showing long and short positioning, and an economic calendar with upcoming global events. Neither broker offers TipRanks or Acuity Trading tools, but IC Markets also includes Autochartist, which Libertex does not.
In terms of research ratings, both brokers are scored 4 out of 5 stars. However, IC Markets is ranked higher by ForexBrokers.com for the Research category, coming in at #21 out of 36 brokers, compared with Libertex at #25. For traders who want a little more market insight and extra analysis support, IC Markets may be the stronger pick, while Libertex still covers the core research basics well.
| Feature |
IC 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.
When it comes to learning support for beginners, IC Markets has a clear edge over Libertex. IC Markets offers forex and CFDs education with 10+ learning pieces, plus monthly educational webinars and plenty of video content for both new and more experienced traders. That includes at least 10 beginner-friendly videos and 10 advanced videos, making it a more useful choice for people who want to build skills step by step. Libertex also offers education and holds a 4-star rating, but it does not match IC Markets for the depth or range of beginner-focused learning tools.
In third-party rankings, IC Markets is placed #16 out of 36 brokers for Education, while Libertex sits lower at #33. For beginners who want regular webinars, more video lessons, and a wider mix of forex and CFDs learning material, IC Markets is the stronger option overall. Libertex may still be helpful for basic learning, but it offers less in the way of structured educational content and live teaching support.
| Feature |
IC 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 IC Markets is better than Libertex. IC Markets finished with an overall rank of #21, while Libertex finished with an overall rank of #32.
IC Markets’ competitive pricing and scalable execution make it an excellent option for algorithmic traders. Though it supports an impressive range of third-party tools and plugins, IC Markets’ research and education offerings are not as impressive as those offered by industry leaders.
| Feature |
IC Markets
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Libertex
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|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 79 |
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When comparing IC Markets vs Libertex, both online brokers do not offer the ability to buy actual delivered cryptocurrency, but both do provide access to cryptocurrency CFDs for trading price movements without owning the underlying asset.
When comparing IC Markets vs Libertex for funding methods, both brokers support PayPal, Skrill, and bank wire transfers, but only Libertex offers ACH or SEPA transfers, while Visa and Mastercard availability is not specified for either broker.
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 | IC Markets | Libertex | |
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| Trust Score | 83 | 79 | |
| Winner | check_circle | ||
| Review | IC Markets Review | Libertex Review |
| Broker Screenshots | IC Markets | Libertex | |
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| Regulation | IC Markets | Libertex | |
|---|---|---|---|
| Trust Score | 83 | 79 | |
| Year Founded | 2007 | 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 | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 2 |
| Tier-1 Licenses (Highly Trusted) | IC 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) | IC Markets | Libertex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | IC Markets | Libertex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 3583 | 1573 | |
| Forex Pairs (Total) | 61 | 46 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | 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 | IC Markets | Libertex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.62 | 0.3 | |
| All-in Cost EUR/USD - Active | 0.62 | 1.3 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | IC Markets | Libertex | |
|---|---|---|---|
| Minimum Deposit | $200 | $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 | IC Markets | Libertex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | 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 | IC 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 | IC 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 | 30 | 0 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | IC 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 | IC Markets | Libertex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | IC 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 | IC Markets Review | Libertex Review |
| Overall | IC Markets | Libertex | |
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| Trust Score | 83 | 79 | |
| Winner | check_circle | ||
| Review | IC Markets Review | Libertex Review |
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