Libertex Alternatives - Better Forex Brokers for 2024
Find out the major disadvantages of Libertex Forex Brokers and alternatives with lower fees and more security. Unbiased Libertex Alternatives reviews.
So which brokers are better than Libertex? Want to jump straight to the answer? OspreyFX is the best alternative broker to Libertex in 2024 .

3.0 / 5

Rating breakdown

Security
60%
3.0/5
Ease of Use
60%
3.0/5
Tradable Assets
60%
3.0/5
Deposit and withdrawal
60%
3.0/5
Trading Fees
60%
3.0/5
Support
60%
3.0/5

Things we didn't like:

 Algorithmic trading is not available.
 Libertex accounts have fees subject to the underlying asset.

Why would you want an alternative to LIBERTEX?

Considering an alternative to Libertex may be necessary due to specific limitations that could affect your trading experience. Firstly, Libertex does not offer beginner education videos, which can be a drawback for new traders looking to learn the basics of trading. The absence of educational resources tailored for beginners may hinder the learning process and development of essential trading skills. Additionally, Libertex lacks support for MetaTrader 5, a platform known for its advanced features and capabilities, which may disappoint users who rely on MetaTrader 5 for their trading strategies and analysis tools. Furthermore, Libertex offers a limited selection of tradeable symbols, with only 300 available compared to the industry average of 3623, potentially restricting trading opportunities across various asset classes and markets.

What to look for in a LIBERTEX Alternative?

When seeking an alternative to Libertex, prioritize brokers that offer comprehensive beginner education resources, including video tutorials and educational content designed to support new traders in learning the fundamentals of trading. Look for brokers that support MetaTrader 5 if you prefer its advanced features and tools for technical analysis and trading automation. Ensure that the alternative broker provides a wide range of tradeable symbols across various asset classes and markets to diversify your trading opportunities and strategies. By focusing on these aspects, you can find a broker that better meets your educational needs, platform preferences, and trading goals compared to Libertex.

Best LIBERTEX alternatives – forex brokers like (or better than) LIBERTEX

Best Libertex Alternatives

4.3 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
80%
4.0/5
Tradable Assets
100%
5.0/5
Deposit and withdrawal
80%
4.0/5
Trading Fees
100%
5.0/5
Support
80%
4.0/5

Things we liked:

 Up to 500:1 leverage
 Low minimum deposit requirement

Things we didn't like:

 Absence of a direct telephone number for customer support
 Ospreyfx is not a fully licensed and regulated broker

#1
OspreyFX Overview

Named after the very large, distinctively shaped, fish preying hawk, which suitably decorates the brand’s logo, OspreyFX is a relatively new entrant in the world of forex brokerages, aiming to offer existing and aspiring traders an innovative venue in which they can satisfy all their trading needs, including the trading of cryptocurrencies.

4.2 / 5

Rating breakdown

Security
70%
3.5/5
Ease of Use
90%
4.5/5
Tradable Assets
100%
5.0/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
80%
4.0/5
Support
60%
3.0/5

Things we liked:

 AvaTrade has low trading fees
 The account opening is user-friendly and fast
 It offers a lot of deposit and withdrawals options free of charge

Things we didn't like:

 The product portfolio is limited as it offers only CFDs, forex, and cryptos
 The research tools are limited

#2
AvaTrade Overview

Since its establishment in 2006, AvaTrade has expanded to 11 countries and offers an array of trading platforms for web, desktop, and mobile use. It facilitates trading in spot forex, forex options, and CFDs across various asset classes, including cryptocurrencies. AvaTrade boasts 300,000 registered traders executing over 3 million trades monthly, with a total traded value exceeding $1.47 trillion.

4.0 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
100%
5.0/5
Tradable Assets
50%
2.5/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
80%
4.0/5
Support
70%
3.5/5

Things we liked:

 XM has low trading fees
  The account opening is user-friendly and fast
 Lots of educational tools

Things we didn't like:

 XM has a limited product portfolio
 The research tools are limited
 It charges inactivity fees

#3
XM Overview

XM is a CySEC, ASIC and IFSC regulated, multi-asset class broker offering to trade on more than 1,000+ tradable CFD’S on Forex, Stocks, Commodities, Indices, Metals and Energies on the globally-recognised trading platforms MetaTrader 4 and MetaTrader 5 for PC, Mac, Web, iOS and Android systems.

Libertex Alternatives Frequently Asked Questions (FAQs):

Are there any sites like Libertex?
Yes, there are many sites offering similar services like Libertex. Those include OspreyFX, EagleFX, OANDA and many more. If you are to look for an alternative to Libertex for your forex trading needs, then you must make sure it is one with a better offering.
Who are Libertex Top Competitors?
Libertex 's top competitors in July 2024 are: OspreyFX, AvaTrade, XM and more. OspreyFX is currently rank as the number one on the list of top Forex brokers.

Are you Satisfied with what They Offer?