| Feature | XM Trading | Libertex |
|---|---|---|
| Established | 2009 | 1997 |
| Regulation | CySEC (Cyprus), ASIC (Australia), FCA (UK), IFSC (Belize) | CySEC (Cyprus) |
| Minimum Deposit | $5 | $100 |
| Maximum Leverage | 0.73611111111111 | 1:30 (Retail Clients) |
| Trading Platforms | MetaTrader 4, MetaTrader 5, XM WebTrader | Proprietary Platform, MetaTrader 4, MetaTrader 5 |
| Tradable Instruments | Forex, CFDs on Stocks, Commodities, Indices, Metals, Energies | CFDs on Forex, Cryptocurrencies, Metals, Indices, Stocks, Oil & Gas, Agriculture, ETFs |
| Spreads | Variable, starting from 0.6 pips | Variable, starting from 0.2 pips |
| Commission | None on standard accounts; $3.5 per lot per side on Zero accounts | Zero commissions on real stocks; low commissions on CFDs |
| Deposit Methods | Credit/Debit Cards, Bank Wire Transfer, Skrill, Neteller, UnionPay, WebMoney, and more | Credit/Debit Cards, Bank Transfer, Skrill, PayPal, Neteller, Sofort, Trustly, and more |
| Withdrawal Methods | Same as deposit methods | Same as deposit methods; some methods may incur fees |
| Account Types | Micro, Standard, XM Ultra Low, Shares Account | Real Account, Demo Account, Invest Account |
| Demo Account | Yes, unlimited | Yes, with €50,000 virtual funds |
| Islamic Account | Yes | Not specified |
| Customer Support | 24/5 via Live Chat, Email, Phone | Available in multiple languages via Live Chat, Email, Phone |
| Educational Resources | Webinars, Tutorials, Market Research | Limited educational content |
| Promotions | 50% + 20% Deposit Bonus, Loyalty Program | Not specified |
| Order Execution Type | Market Execution | Market Execution |
| Execution Speed | <1 second | Instant execution, but varies based on market conditions |
| Number of Trading Instruments | Over 1,000 | Over 250 |
| Trading Fees | Low spreads, no hidden fees | Commission-based model for CFDs, tight spreads |
| Scalping Allowed? | Yes | Yes |
| Hedging Allowed? | Yes | Yes |
| Negative Balance Protection? | Yes | Yes |
| Copy Trading / Social Trading | No built-in copy trading, but compatible with third-party tools | Yes, offers copy trading features |
| Automated Trading (EAs) | Yes, supports Expert Advisors (EAs) on MT4/MT5 | Limited automation; supports automated trading via MT4/MT5 |
| VPS Hosting for Traders | Yes, free for eligible clients | Not specified |
| Mobile Trading App | Yes, available on iOS and Android | Yes, available on iOS and Android |
| Cryptocurrency Trading | Yes, via CFDs | Yes, via CFDs |
| Stock Trading | Yes, CFDs on stocks | Yes, real stocks and CFDs on stocks |
| ETF Trading | No | Yes |
| Raw Spread Accounts | Yes (Zero Account with spreads as low as 0.0 pips) | No |
| Deposit Fees | No | No |
| Withdrawal Fees | No | Some methods may have fees |
| Inactive Account Fees | Yes, $5 per month after 90 days of inactivity | Yes, varies based on account type |
| Affiliate/IB Program | Yes | Yes |
| Trading Signals | Yes, via MT4/MT5 and third-party providers | Yes, via the proprietary platform |
| Market Analysis Tools | Yes, includes daily market updates, trading insights | Yes, but less comprehensive than XM |
| Custom Indicators | Yes, supports custom indicators on MT4/MT5 | Limited customization on the proprietary platform |
| Regulated in Europe? | Yes (via CySEC, FCA) | Yes (via CySEC) |
| Best for? | Traders looking for tight spreads, high leverage, and strong educational content | Traders who prefer a proprietary platform and commission-based pricing |
| Maximum Trade Size | 50 lots per trade | Varies by instrument |
| Minimum Trade Size | 0.01 lots | 0.01 lots |
| Margin Call Level | 50% | 100% |
| Stop Out Level | 20% | 50% |
| One-Click Trading | Yes | Yes |
| Custom Leverage Settings | Yes, adjustable | No, fixed leverage per account type |
| Trailing Stop | Yes | Yes |
| Guaranteed Stop-Loss | No | No |
| Slippage Protection | No guaranteed protection, but fast execution minimizes slippage | No guaranteed protection |
| Deposit Processing Time | Instant for most methods | Instant for most methods |
| Withdrawal Processing Time | 24 hours for most methods | 24-72 hours, depending on method |
| Fiat Currencies Supported for Deposits | USD, EUR, GBP, AUD, JPY, CHF, HUF, PLN, RUB, SGD, ZAR | EUR, USD, GBP, and other major currencies |
| Cryptocurrency Deposits | No | Yes, supports crypto deposits |
| Interest on Unused Funds | No | No |
| Loyalty Program | Yes, XM Loyalty Program with redeemable points | No |
| Cashback Rebates | Yes, for active traders | No |
| Trading Competitions | Yes, for demo and real accounts | Occasionally offered |
| MT4/MT5 Add-Ons | Yes, supports various third-party tools and indicators | Limited support |
| Asset Classes Available | Forex, Indices, Stocks, Commodities, Metals, Energies | Forex, Stocks, Indices, ETFs, Commodities, Cryptos |
| Regulation Outside of Europe | Yes (ASIC, IFSC, FSA) | No significant regulation outside of Europe |
| Available Countries | Over 190 countries | Limited availability, restricted in some regions |
| Best Account for Beginners? | Micro Account (low deposit, smaller trade sizes) | Real Account with demo trading options |
| Best Account for Professionals? | Zero Account (raw spreads, commission-based) | Professional Account (higher leverage, lower fees) |
| Stock Market Trading Method | CFDs only | CFDs + direct stock trading |
| ETF Market Trading Method | Not available | Direct ETF investments + CFDs on ETFs |
| Forex Trading Pairs | 55+ currency pairs | 50+ currency pairs |
| Number of Cryptocurrencies Available | Limited selection via CFDs | Wide range of crypto assets for trading |
| Swap-Free Account | Yes (Islamic accounts) | Not specified |
| Corporate Account Option | Yes | Yes |
| Referral Program | Yes | Yes |
| Partnership Program | Yes, IB and affiliate program | Yes, IB and affiliate program |
| Web Trading Platform | Yes, XM WebTrader (MT4/MT5-based) | Yes, proprietary web platform |
| Platform Customization | Full customization via MT4/MT5 | Limited customization on proprietary platform |
| Additional Fees | Inactivity fee ($5 after 90 days) | Inactivity fee (varies based on region) |
| Trust Score (Industry Reputation) | High | Medium |
| Average Execution Speed | <1 second | Varies, depending on market conditions |
| Best Feature | Tight spreads, high leverage, strong regulation, free educational resources | Commission-free stock trading, easy-to-use platform |
XM Trading offers low spreads, high leverage (up to 1:1000), strong regulation, and extensive educational resources, making it ideal for forex traders. Libertex provides commission-based CFD trading, real stock investments, and a proprietary platform with crypto deposits, best for traders who prefer a simplified interface.