SuperForex is a global ECN broker that offers online currency trading, CFD, stocks, commodities, futures and precious metals via MT4 trading platform. It has been operating since 2013 and is regulated by the International Financial Services Commission (IFSC) of Belize.
Libertex is a trading and investing platform that offers CFD trading on currencies, stocks, indices, commodities, cryptocurrencies and ETFs. It is a brand of Indication Investments Ltd, a Cyprus Investment Firm that is regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12. It has been in the market for more than 25 years.
SuperForex vs Libertex Regulation Comparison
Broker
Regulator
Licence Number
Investor Compensation Fund
SuperForex
IFSC (Belize)
IFSC/60/292/TS/15
No
Libertex
CySEC (Cyprus)
164/12
Yes
SuperForex vs Libertex Trading Assets Comparison
Broker
Number of Assets
Asset Classes
SuperForex
Over 400
Forex, CFDs on stocks, indices, commodities, metals, cryptocurrencies and futures
Libertex
Over 250
Forex, CFDs on stocks, indices, commodities, metals and cryptocurrencies
SuperForex vs Libertex Trading Fees Comparison
Broker
Spreads
Commissions
Swaps
SuperForex
Fixed or floating depending on account type
None for standard accounts, $0.04 per lot for Profi-STP accounts
Yes for standard and ECN accounts, no for Profi-STP accounts
Libertex
Variable depending on asset and market conditions
None for Libertex platform users, $5 per lot for MT4 and MT5 users
Yes for all account types
SuperForex vs Libertex Account Types Comparison
SuperForex offers three account types: Standard, Profi-STP and ECN.
Libertex offers one account type for its platform users and two account types for MT4 and MT5 users.
SuperForex has a lower minimum deposit requirement than Libertex for standard accounts, but a higher minimum deposit requirement for Profi-STP and ECN accounts.
SuperForex offers higher leverage than Libertex for standard and Profi-STP accounts, but lower leverage for ECN accounts.
SuperForex does not charge commissions for standard accounts, but charges commissions for Profi-STP accounts. Libertex does not charge commissions for its platform users, but charges commissions for MT4 and MT5 users.
SuperForex has fixed or floating spreads depending on account type. Libertex has variable spreads depending on asset and market conditions.
SuperForex vs Libertex Deposit Options Comparison
Both brokers offer a variety of deposit and withdrawal methods, including bank transfer, credit/debit cards, e-wallets and cryptocurrencies.
However, the availability and fees of these methods may vary depending on your country and currency.
SuperForex supports more than 20 local currencies for deposit and withdrawal, while Libertex supports only 9 local currencies.
SuperForex does not charge any fees for deposit and withdrawal, except for bank transfer, which may incur fees from the banks involved. Libertex does not charge any fees for deposit, but charges fees for withdrawal depending on the method and amount.
SuperForex vs Libertex Trading Platforms Comparison
Broker
Trading Platforms
SuperForex
MetaTrader 4 (desktop and mobile), WebTrader (web-based)
Libertex
Libertex (web and mobile), MetaTrader 4 (desktop and mobile), MetaTrader 5 (desktop and mobile)
SuperForex vs Libertex Analytical Tools Comparison
Broker
Analytical Tools
SuperForex
Economic calendar, market news, trading signals, technical analysis, pattern recognition, trading calculators, forex copy service
SuperForex vs Libertex. Which forex broker is better? Which forex broker should you choose?
Which forex broker is better or which one you should choose, as that depends on your personal preferences, trading goals, risk appetite and experience. However, you can compare some of the key features and benefits of SuperForex and Libertex and decide which is more suitable for you. Here are some factors to consider:
Regulation and security: Libertex is regulated by CySEC, which is a reputable regulator in the European Union, and offers investor compensation fund protection. SuperForex is regulated by IFSC, which is a less strict regulator in Belize, and does not offer investor compensation fund protection.
Trading assets and conditions: SuperForex offers more trading assets than Libertex, but Libertex offers lower spreads and commissions on some of the most popular instruments. SuperForex also offers higher leverage than Libertex, but that also means higher risk.
Account types and fees: SuperForex has a lower minimum deposit requirement than Libertex, but Libertex has a simpler account structure with only one standard account type for its platform users. SuperForex also charges commissions for its Profi-STP accounts, while Libertex does not charge commissions for its platform users.
Deposit and withdrawal options: Both brokers offer a variety of deposit and withdrawal methods, including bank transfer, credit/debit cards, e-wallets and cryptocurrencies. However, the availability and fees of these methods may vary depending on your country and currency.
Trading platforms and tools: Both brokers offer MetaTrader 4 and MetaTrader 5 as their trading platforms, which are widely used and supported by traders. However, Libertex also has its own proprietary platform, which is designed to be user-friendly and intuitive. Both brokers also offer various analytical tools, such as economic calendar, market news, trading signals, technical analysis and trading calculators.
Ultimately, the choice of forex broker is up to you. You can try both brokers on their demo accounts or with a small amount of money to test their services and see how they perform. You can also read online reviews and feedback from other traders to get more insights.
