FXGT
Libertex
FXGT vs Libertex
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FXGT and Libertex are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FXGT, founded in 2019 and headquartered in Limassol, Cyprus, is regulated by CySEC, FSA and offers spreads starting from 0.0 pips with a minimum deposit of $5. Libertex, established in 2012 in Limassol, Cyprus, holds licenses from CySEC with spreads from 0.0 pips and a $10 minimum deposit. In our hands-on testing across 8 scoring categories, Libertex scored 7.4/10 overall compared to FXGT's 7.2/10, making it the stronger pick for most traders. That said, FXGT holds its own with stronger regulation and smoother deposits & withdrawals, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Libertex scores 7.4/10 overall vs 7.2/10 for FXGT — a 0.2-point difference.
- 💵
FXGT requires just $5 to start, while Libertex needs $10 — FXGT is 2x more accessible.
- 📈
FXGT offers 400+ instruments vs 300+ at Libertex — a notable difference in market coverage.
- 🖥️
FXGT runs on MT5, while Libertex uses Libertex Platform, MT4, MT5 — different ecosystems for different trading styles.
Our Verdict
FXGT
Score: 7.2/10 · Wins 2 categories- Top-tier regulation and fund safety are your priority
- Fast and flexible deposits & withdrawals are important
- You prefer a low minimum deposit ($5)
Libertex
Score: 7.4/10 · Wins 2 categories- You need advanced trading platforms and tools
- You rely on in-depth research and analysis tools
- You prefer Libertex's trading environment overall
Libertex takes the lead with an overall score of 7.4/10 compared to 7.2/10, winning in 2 out of 8 scoring categories. Libertex stands out for better trading platforms and more research tools, while FXGT fights back with stronger regulation and smoother deposits & withdrawals.
Detailed Verdict
After testing both brokers with real accounts, Libertex comes out ahead with a 7.4/10 overall rating, winning 2 out of 8 categories. Its strongest area is Trading Costs where it scores 7.5/10. Libertex holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. FXGT is not without merit — it scores 7.2/10 overall and excels in Deposit & Withdrawal (8.0/10), winning 2 categories. Traders who value stronger regulation or smoother deposits & withdrawals may find FXGT the better fit. For a complete breakdown, read our full Libertex review and FXGT review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Libertex wins by 0.5 points
FXGT wins by 0.5 points
Libertex wins by 0.5 points
FXGT wins by 0.5 points
Full Feature Comparison
Fees & Costs
When it comes to trading costs, FXGT has the edge with a score of 7.5/10 versus 7.5/10 for Libertex. FXGT offers spreads starting from 0.0 pips, while Libertex starts from 0.0 pips. The minimum deposit at FXGT is $5, compared to $10 at Libertex. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
Libertex scores 7.5/10 for platforms compared to 7/10 for FXGT. FXGT provides MT5, while Libertex offers Libertex Platform, MT4, MT5. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. FXGT is regulated by CySEC, FSA (Tier 1), while Libertex holds licenses from CySEC (Tier 1). FXGT scores 7.5/10 and Libertex scores 7/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, FXGT leads with 6.5/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. FXGT and Libertex both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
FXGT offers 24/7 Live Chat, Email and scores 7.5/10, while Libertex provides 24/5 Live Chat, Email with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
FXGT scores 8/10 for deposits and withdrawals, while Libertex scores 7.5/10. FXGT accepts Bank Transfer, Credit Card, Skrill, Neteller, Crypto, and Libertex supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. FXGT requires a minimum deposit of $5 versus $10 for Libertex. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FXGT if you...
- Top-tier regulation and fund safety are your priority
- Fast and flexible deposits & withdrawals are important
- You prefer a low minimum deposit ($5)
Choose Libertex if you...
- You need advanced trading platforms and tools
- You rely on in-depth research and analysis tools
- You prefer Libertex's trading environment overall
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is FXGT better than Libertex?
Libertex scores higher overall (7.4/10 vs 7.2/10), winning 2 of 8 categories. However, FXGT is stronger in stronger regulation and smoother deposits & withdrawals. The best choice depends on what matters most to your trading style.
Which has lower fees, FXGT or Libertex?
FXGT scores higher for trading costs. FXGT offers spreads from 0.0 pips with a $5 minimum deposit, while Libertex starts from 0.0 pips with $10 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is FXGT safe to trade with?
FXGT is regulated by CySEC, FSA and scores 7.5/10 for regulation. Libertex is regulated by CySEC with a score of 7/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, FXGT or Libertex?
Libertex scores 7.5/10 for platforms. FXGT offers MT5, while Libertex provides Libertex Platform, MT4, MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for FXGT vs Libertex?
FXGT requires a minimum deposit of $5, while Libertex requires $10. FXGT has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.