Compare Libertex vs ActivTrades
What is Libertex? What is ActivTrades?
Libertex is a trading platform used by Indication Investments Ltd., a Cyprus Investment Firm, which is regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 and provides investment services to the European Economic Area and Switzerland.
ActivTrades is a UK-based broker that offers trading in forex, CFDs, indices, commodities, shares, ETFs and cryptocurrencies. It is authorised and regulated by the Financial Conduct Authority (FCA) with registration number 434413 and also by the Securities Commission of the Bahamas (SCB) with licence number 199667 B.
Libertex vs ActivTrades Regulation Comparison
Both Libertex and ActivTrades are regulated by reputable authorities in their respective jurisdictions. Libertex is regulated by CySEC, which is a member of the European Securities and Markets Authority (ESMA) and follows the MiFID II directive. ActivTrades is regulated by the FCA, which is one of the most stringent regulators in the world and also by the SCB, which is a relatively new regulator that aims to protect investors and promote fair and transparent markets.
Both brokers also offer negative balance protection, meaning that clients cannot lose more than their initial deposits. However, Libertex does not provide any additional compensation scheme for its clients, while ActivTrades participates in the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per eligible client in case of broker insolvency.
Libertex vs ActivTrades Trading Assets Comparison
Libertex offers over 250 tradable assets, including forex, stocks, indices, commodities, metals, cryptocurrencies and ETFs. ActivTrades offers over 500 tradable assets, including forex, CFDs, indices, commodities, shares, ETFs and cryptocurrencies.
Both brokers offer a wide range of currency pairs, with Libertex offering 51 pairs and ActivTrades offering 61 pairs. However, ActivTrades has a more diverse selection of CFDs, especially on shares and ETFs, while Libertex has more cryptocurrencies available for trading.
Libertex vs ActivTrades Trading Fees Comparison
Libertex does not charge any spreads or commissions on its trades, but instead applies a trading fee that varies depending on the asset, the volume and the leverage used. The trading fee is calculated as a percentage of the trade value and can be as low as 0.03% or as high as 2.5%. The trading fee is deducted from the account balance at the opening and closing of each trade.
ActivTrades charges variable spreads that depend on the market conditions and the asset traded. The spreads start from 0.5 pips for major forex pairs and can go up to several pips for exotic pairs or other assets. ActivTrades also charges a commission of $1 per lot per side for CFDs on shares and ETFs. In addition, ActivTrades applies a swap fee for holding positions overnight, which can be positive or negative depending on the interest rate differential between the currencies involved.
Both brokers do not charge any deposit or withdrawal fees, but they may pass on any fees charged by their payment providers. Both brokers also do not charge any inactivity fees or account maintenance fees.
Libertex vs ActivTrades Account Types Comparison
Libertex offers two types of accounts: a standard account and a professional account. The standard account requires a minimum deposit of $100 and allows access to all the available assets and features on the platform. The professional account requires a minimum deposit of $20,000 and offers higher leverage up to 1:600, lower trading fees and priority customer support. However, to qualify for the professional account, clients need to meet certain criteria regarding their trading experience, knowledge and financial situation.
ActivTrades offers three types of accounts: a classic account, an advantage account and an individual account. The classic account requires a minimum deposit of $100 and offers access to all the available assets and features on the platform with standard spreads. The advantage account requires a minimum deposit of $1,000 and offers lower spreads starting from 0.5 pips for forex pairs and access to premium tools such as Autochartist and Trading Central. The individual account is tailored to suit the specific needs and preferences of each client and requires a minimum deposit of $50,000. The individual account offers customised spreads, commissions, leverage and services.
Libertex vs ActivTrades Deposit Options Comparison
Libertex offers a variety of deposit and withdrawal options, including bank transfer, credit/debit card, Skrill, Neteller, Sofort, Trustly, iDeal, Giropay, Rapid Transfer, Multibanco and Bitcoin. The processing time for deposits is usually instant or within one working day, while the processing time for withdrawals is usually within one to five working days depending on the method used.
ActivTrades offers a similar range of deposit and withdrawal options, including bank transfer, credit/debit card, Skrill, Neteller, Sofort, Trustly, Klarna and Bitcoin. The processing time for deposits is also usually instant or within one working day, while the processing time for withdrawals is also usually within one to five working days depending on the method used.
Libertex vs ActivTrades Trading Platforms Comparison
Libertex offers two trading platforms: Libertex Web and Libertex Mobile. Libertex Web is a web-based platform that can be accessed from any browser without any download or installation required. Libertex Web has a simple and user-friendly interface that allows easy execution of trades, management of orders and positions, analysis of charts and indicators, access to news and signals and customisation of settings. Libertex Mobile is a mobile app that can be downloaded from the App Store or Google Play and offers the same features and functions as Libertex Web on a smaller screen.
ActivTrades offers three trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5) and ActivTrader. MT4 and MT5 are popular and widely used platforms that offer advanced trading tools, such as multiple order types, charting options, technical indicators, automated trading systems (Expert Advisors), market news and signals. ActivTrader is a proprietary platform that can be accessed via web or mobile app and offers a simple and intuitive interface that allows fast execution of trades, management of orders and positions, analysis of charts and indicators, access to news and signals and customisation of settings.
Libertex vs ActivTrades Analytical Tools Comparison
Libertex offers several analytical tools to help its clients make informed trading decisions, such as market news, economic calendar, trading signals, technical analysis tools and educational resources. Libertex also provides a blog that covers various topics related to trading and investing.
ActivTrades also offers several analytical tools to assist its clients in their trading activities, such as market news, economic calendar, trading signals, technical analysis tools and educational resources. ActivTrades also provides a blog that covers various topics related to trading and investing. In addition, ActivTrades offers some premium tools for its advantage and individual account holders, such as Autochartist and Trading Central.
Libertex vs ActivTrades. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose, as different brokers may suit different traders depending on their preferences, goals and strategies. However, here are some possible factors that you may want to consider when choosing between Libertex and ActivTrades:
- Regulation and Protection: Both brokers are regulated by reputable authorities, but ActivTrades offers an additional compensation scheme for its UK clients in case of broker insolvency. If you value this extra protection, you may prefer ActivTrades over Libertex.
- Trading Assets: Both brokers offer a wide range of trading assets, but ActivTrades has more CFDs on shares and ETFs, while Libertex has more cryptocurrencies. If you are interested in trading these specific assets, you may prefer the broker that offers more variety and choice.
- Trading Fees: Libertex does not charge any spreads or commissions, but instead applies a trading fee that varies depending on the asset, the volume and the leverage used. ActivTrades charges variable spreads and a commission for CFDs on shares and ETFs. If you want to avoid paying spreads or commissions, you may prefer Libertex over ActivTrades. However, you should also consider the trading fee that Libertex charges and compare it with the spreads and commissions that ActivTrades charges to see which one is more cost-effective for your trading style and frequency.
- Account Types: Libertex offers two types of accounts: a standard account and a professional account. ActivTrades offers three types of accounts: a classic account, an advantage account and an individual account. If you want to access higher leverage, lower trading fees and priority customer support, you may prefer Libertex’s professional account over ActivTrades’ classic or advantage accounts. However, if you want to access customised spreads, commissions, leverage and services, you may prefer ActivTrades’ individual account over Libertex’s standard or professional accounts.
- Trading Platforms: Libertex offers two trading platforms: Libertex Web and Libertex Mobile. ActivTrades offers three trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5) and ActivTrader. If you want to use a web-based or a mobile platform that has a simple and user-friendly interface, you may prefer Libertex’s platforms over ActivTrades’ platforms. However, if you want to use a popular and widely used platform that offers advanced trading tools, such as multiple order types, charting options, technical indicators, automated trading systems (Expert Advisors), market news and signals, you may prefer ActivTrades’ MT4 or MT5 platforms over Libertex’s platforms.
- Analytical Tools: Both brokers offer several analytical tools to help their clients make informed trading decisions, such as market news, economic calendar, trading signals, technical analysis tools and educational resources. However, ActivTrades also offers some premium tools for its advantage and individual account holders, such as Autochartist and Trading Central. If you want to access these premium tools that provide automated market analysis and trading recommendations, you may prefer ActivTrades over Libertex.
Ultimately, the choice between Libertex and ActivTrades depends on your personal preferences and needs as a trader. You may want to try out their demo accounts first to get a feel of their platforms and services before making a final decision.
