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BlackBull , Libertex Broker Comparison

Do you want to know which is the better broker between BlackBull and Libertex ?

In the table below, you can compare the features of BlackBull , Libertex side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
BlackBull
6.48
Regulated
Under guarantee
5-10 years
FMA,FSA
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ECN STANDARD,ECN PRIME,ECN INSTITUTIONAL
--
US$200
1:500
EURUSD average is 0.2; Gold average is 0.2
0.00
--
0.01
--
Libertex
5.93
Regulated
Under guarantee
5-10 years
CYSEC
--
--
--
--
--
--
--
--
--
--
--
--
--
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BlackBull 、 Libertex BrokersRelevant information

BlackBull 、 Libertex BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of blackbull-markets, libertex lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

blackbull-markets

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

BlackBull Review Summary in 10 Points
Founded 2014
Registered Country/Region Auckland, New Zealand
Regulation FMA
Market Instruments forex, energy, indices, cryptocurrencies, equities and metals
Demo Account Available
Leverage 1:500
EUR/USD Spread From 0.0 pips
Trading Platforms TradingView, MT4, MT5, BlackBull Trader and BlackBull Shares
Minimum deposit $0
Customer Support 24/7 live chat, phone, email

What is BlackBull?

BlackBull is an STP (Straight Through Processing) forex broker that provides online trading services to retail and institutional clients. The company was founded in 2014 and is headquartered in Auckland, New Zealand. BlackBull is regulated by the Financial Markets Authority (FMA) of New Zealand and offers over 26,000 tradable instruments including forex, energy, indices, cryptocurrencies, equities, and metals. The broker provides clients with multiple trading platforms such as MetaTrader 4/5 and various trading tools. The company also provides educational resources to assist traders in their trading journey.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

BlackBull's home page

Pros & Cons

BlackBull appears to be a reliable and well-regulated broker that offers a wide range of trading instruments, platforms, and educational resources. The broker's emphasis on security and transparency, such as offering segregated accounts and holding funds in Tier 1 New Zealand banks, is also a positive aspect.

However, there have been some negative reviews regarding difficulties in withdrawing funds and claims of the broker being a scam, which is a cause for concern.

Pros Cons
• Regulated by FMA • Negative reviews from clients regarding withdrawal issues
• Wide range of tradable instruments • Limited range of payment options
• Demo accounts available
• Multiple trading platforms and tools
• No minimum deposit requirement
• Rich educational resources

It's important to note that this is just a general overview of the pros and cons, and individual experiences may vary.

BlackBull Alternative Brokers

    There are many alternative brokers to BlackBull depending on the specific needs and preferences of the trader. Some popular options include:

    • UFX - provides a user-friendly trading platform and a wide range of educational materials, but there are some concerns about its regulation and customer service.

    • Valutrades - offers competitive spreads and multiple account types, but its product offerings are limited and its customer service could be improved.

    • Z.com Trade - offers low spreads and no deposit or withdrawal fees, but its product offerings are limited and it is only regulated in one jurisdiction.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is BlackBull Safe or Scam?

It's difficult to make a definitive determination on whether BlackBull is safe or a scam as there is no clear consensus on the matter. While the broker is regulated by the Financial Markets Authority and claims to hold client funds in safe, Tier 1 New Zealand-based banks with segregated accounts, the negative reviews from some clients who report issues with withdrawing their funds raise concerns. It's important for individuals to conduct their own research, carefully evaluate the broker's features and services, and exercise caution when investing their money.

protection measures

Market Instruments

BlackBull offers a diverse range of 26,000+ financial instruments across various asset classes, including forex, energy, indices, cryptocurrencies, equities, and metals. Traders have access to a wide range of currency pairs, including majors, minors, and exotics, and can also trade popular cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. Additionally, the broker provides access to a variety of equity CFDs, including those from major markets like the US, Europe, and Asia. Traders can also trade popular indices like major US and the NASDAQ, as well as energy products like crude oil and natural gas. Lastly, BlackBull provides access to precious metals like gold and silver, which are often used as safe-haven assets during times of market volatility. Therefore, both beginners and experienced traders can find what they want to trade on BlackBull.

Market Instruments

Accounts

Demo Account: BlackBull provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: BlackBull offers a total of 3 account types: ECN Standard, ECN Prime and ECN Institutional. The minimum deposit to open an account is $0, $2,000 and $20,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, the ECN Standard account will be the most suitable option for you.

Account Types

Leverage

BlackBull offers a maximum leverage of up to 1:500, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Spreads & Commissions

BlackBull spreads and commissions depend on the account type. We can see that the spread starts from 0.8 pips on the ECN Standard account, from 0.1 pips on the ECN Prime account, while only the ECN Institutional account can enjoy raw spreads from 0.0 pips.

There is no commission for the ECN Standard account, a commission of 6 USD per lot for the ECN Prime account and 4 USD per lot for the ECN Institutional account.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission
BlackBull 0.8 pips No commission (Standard)
UFX 2.0 pips No commission
Valutrades 0.5 pips $7 per lot round turn (ECN Pro)
Z.com Trade 0.5 pips No commission (Standard)

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

As for the trading platform, BlackBull provides its clients with many options. There are public platforms including TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), BlackBull Trader, and BlackBull Shares.

TradingView is a popular charting and social trading platform that allows traders to connect with other traders, access a wide range of charting tools, and share trading ideas. MT4 and MT5 are well-known platforms in the forex industry, offering advanced charting capabilities, customizable indicators, and algorithmic trading options. BlackBull Trader is a proprietary platform developed by BlackBull that offers advanced charting and trading tools, while BlackBull Shares is a social trading platform that allows clients to automatically copy the trades of experienced traders.

Trading Platforms

Overall, BlackBull's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker Trading Platforms
BlackBull TradingView, MT4, MT5, BlackBull Trader, BlackBull Shares
UFX ParagonEx, MT4, UFX Trader
Valutrades MT4, MT5, FIX API Trading, ValuMax
Z.com Trade MT4, MT5, Z.com Trader, Z.com Web Trader

Trading Tools

BlackBull offers Virtual Private Server (VPS) trading to its clients, which is a useful tool for traders who use automated trading strategies or expert advisors. The broker also provides access to other trading tools such as FIX API Trading, which allows traders to connect their own custom software to the BlackBull liquidity pool, as well as Autochartist, which provides market analysis and trading signals. ZuluTrade and MyFxbook are also available for those who want to follow and copy trades of other successful traders. Overall, BlackBull offers a range of trading tools to assist traders in their trading activities.

Deposits & Withdrawals

BlackBull offers its clients multiple options for depositing and withdrawing funds, including bank wire, POLi, and credit/debit card (Visa/MasterCard). The base currencies are USD and NZD.

funding options

No minimum deposit requirement. No fees for deposits and withdrawals. Most deposits are processed instantly, while withdrawals are typically processed within 24 hours.

BlackBull minimum deposit vs other brokers

BlackBull Most other
Minimum Deposit $0 $100

See the deposit & withdrawal fee comparison table below:

Broker Deposit Fee Withdrawal Fee
BlackBull None None
UFX None $50-$100
Valutrades None None
Z.com Trade None None

Note: The above information is subject to change and may vary based on the payment method used. It's always recommended to check with the broker for the most up-to-date and accurate fee information.

To withdraw funds from your account, visit the “My Wallet” tab found on the left-hand side of the portal.

Find the ‘WITHDRAW FUNDS’ tab along the top of this portal page. Within this tab, you will be presented with a 4-step process to request a withdrawal.

Step 1: Select the method by which you want to make a withdrawal. Only methods that you are approved to use will show up as an option to select.

Step 2: Select the wallet from which you want to make a withdrawal. Please note: Each withdrawal request is restricted to one wallet.

Step 3: Specify the amount you want to withdraw.

Step 4: Finally, confirm your request within the Secure Client Area, and the status of your request will change to pending.

Customer Service

    Below are the details about the customer service.

    • Languages: English, Spanish, French, Chinese, German, Portuguese, Italian, Thai language, Korean, Arabic, Vietnamese, etc.

    • Service Hour: 24/7

    • Live chat

    • Email: support@blackbull.com

    • Phone: +64 9 558 5142

    • Address: BlackBull Markets, Level 20, 188 Quay Street, Auckland, 1010

    • Social media: Facebook, Instagram, LinkedIn, YouTube, Twitter, WhatsApp and Telegram

Customer Service

Overall, BlackBull's customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros Cons
• 24/7 live chat support • No option for call back requests
• Multilingual support
• Social media presence for easy communication
• Quick response time to customer inquiries

Note: The information is based on online research and may be subject to change.

Education

A series of educational resources is available at BlackBull, such as webinars, market analysis, and trading videos that cover various topics related to trading.

Educational videos

The educational materials are categorized based on the clients level of experience, with Forex Beginner, Forex Intermediate, and Forex Advanced categories. The educational articles cover a wide range of topics, from the basics of trading to advanced strategies and technical analysis. These resources are designed to help traders develop a better understanding of the markets and improve their trading skills, which can ultimately lead to more successful trades.

Forex Beginner
Forex Intermediate
Forex Advanced

User Exposure on WikiFX

On our website, you can see that some users have reported unable to withdraw and scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Conclusion

Based on the information provided, BlackBull appears to be a well-regulated broker that offers a wide range of tradable instruments across multiple asset classes, as well as a variety of trading platforms and tools. The broker's educational resources and customer service are also noteworthy.

However, there are some negative reviews from clients regarding difficulty with withdrawals and accusations of being a scam platform, so traders should proceed with caution and do their own research before investing with BlackBull.

Frequently Asked Questions (FAQs)

Q 1: Is BlackBull regulated?
A 1: Yes. It is regulated by Financial Markets Authority(FMA) in New Zealand.
Q 2: Does BlackBull offer demo accounts?
A 2: Yes.
Q 3: How much leverage does this broker offer?
A 3: The maximum leverage of BlackBull is 1:500. Please note that this leverage may only be available for some accounts and products. Please consult our articles or the dealer's website for specific information.
Q 4: Does this broker offer copy trading or social trading?
A 4: Yes. BlackBull offers both of them.
Q 5: Does BlackBull offer the industry-standard MT4 & MT5?
A 5: Yes. It supports TradingView, MT4, MT5, BlackBull Trader and BlackBull Shares.
Q 6: What is the minimum deposit for BlackBull?
A 6: There is no minimum initial deposit requirement.
Q 7: Is BlackBull a good broker for beginners?
A 7: Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.
libertex
Broker Name Libertex
Year Founded 1997
Registered Country/Region Cryprus
Regulation CYSEC
Trading Assets Stocks, Crypto, Crypto Mining, Forex, Metals, Indices, Agriculture, Oil and Gas, ETFs
Minimum Deposit $10
Maximum Leverage Up to 1:500
Account Types Libertex Portfolio, Libertex CFD
Spreads Spreads from 0.0 pips
Commissions Vary depending on trading account
Trading Platform Libertex, MetaTrader 4, MetaTrader 5
Deposit and Withdrawal VISA, MasterCard
Customer Support Email, phone, live chat
Educational Resources Tutorials, webinars, trading signals, economic calendar
Bonuses Offered Yes

Overview of Libertex

Registered in Saint Vincent and the Grenadines, Libertex is a forex broker that was founded in 1997 and is a popular broker that offers a wide range of trading assets, including forex, commodities, indices, and cryptocurrencies. The minimum deposit required to open an account with Libertex is $100, and the maximum trading leverage offered is up to 1:500.

Libertex operates on a fixed spread model, meaning that there are no commissions charged on trades. Spreads are competitive, and the broker offers a range of account types to cater to different trader needs.

Libertex prides itself on its commitment to customer satisfaction and support, offering excellent customer service through multiple channels, including email, live chat, and social media. The broker also provides a wide range of educational resources to help traders improve their skills and knowledge, including webinars and a comprehensive knowledge center. Over the past 23 years, this broker has grown to the extent it can boast of having over 2. 2 million clients from 110 countries and more than 700 employees.

Here is the home page of this brokers official site:

basic-info

Is Libertex legit or a scam?

Libertex is a trademark of Libertex International Company LLC. Libertex.org is operated by Forex Club International LLC, a company registered in St. Vincent and the Grenadines (Registration No. 1277 LLC 2021).

Another Cyprus-based entity, Indication Investments Ltd, regulated by the Cyprus Securities and Exchange Commission (CYSEC) under regulatory license number 164/12.

regulation

Pros and Cons

Libertex offers commission-free trading, a user-friendly platform, and a low minimum deposit requirement. Additionally, the broker provides a range of educational resources and trading tools to support its clients. However, Libertex is not regulated by any major financial authority, and it has limited trading instruments compared to other brokers. The customer support options are also limited, with no live chat or phone support available.

Pros Cons
Wide range of tradable assets Limited deposit and withdrawal options available
No minimum deposit requirement Limited research and market analysis resources available
Multiple trading platforms, MT4, MT5, Libertex Lack of transparency in pricing
Offers a demo account for new traders No 7/24 customer support
Generous leverage up to 1:500
Low minimum deposit, starting with $50
Multlingual customer support online

Market Intruments

Libertex offers a wide range of market instruments to its clients, including stocks, cryptocurrencies, crypto mining, forex, metals, indices, agriculture, oil and gas, and ETFs. With such a diverse range of instruments, traders have the opportunity to build a well-rounded and diversified portfolio.

Stocks, for instance, allow traders to invest in a variety of companies across different sectors and industries, while cryptocurrencies and crypto mining offer a new and exciting market for those interested in emerging technologies. Forex trading, on the other hand, offers the chance to trade on the fluctuations of global currencies, and metals, such as gold and silver, can provide a hedge against inflation and market volatility. Additionally, indices allow traders to invest in a group of stocks representing a particular sector or country, while agriculture and oil and gas provide exposure to commodities that are essential to global markets. Finally, ETFs provide a convenient and cost-effective way to invest in a basket of securities.

products
Pros Cons
Diverse range of market instruments Limited number of individual stocks available
Access to cryptocurrencies and crypto mining No option to trade options or futures
Leverage up to 1:500

Account Types

It appears that this broker offers two types of unique trading accounts, Libertex Portfolios and Libertex CFD.

The Libertex Portfolio account is a new kind of account that caters to the needs of both novice and seasoned investors. This account is designed to provide traders with the opportunity to invest in a range of stocks, and this feature has made the Libertex Portfolio a popular choice among investors who seek to diversify their portfolio.

The Libertex CFD account is a comprehensive trading account that is designed to meet the diverse trading needs of investors. With this account, you have access to an array of trading instruments, including cryptocurrencies, forex instruments, gold, oil, and stock indices, among others. The account comes with a flexible leverage system that allows you to use a multiplier of 1 to 999.

account-types
account-types

Demo Account

Libertex offers a demo account for traders who are new to the platform or want to practice their trading strategies without risking real money. The demo account is free and allows traders to trade with virtual funds in a simulated trading environment. The demo account provides access to all the trading instruments and tools available on the platform, enabling traders to familiarize themselves with the platform's features and functionalities. This allows traders to test their trading strategies in a risk-free environment and get a feel for the market before committing to a real trading account.

How to open an account?

To open an account with Libertex, you can follow these steps:

  • First, visit their website and click on the “Sign Up” button.

open-account
  • Then, enter your personal information, including your full name, email address, and phone number. Next, choose the account type that best suits your trading needs, whether it's the Libertex Portfolio, Libertex CFD, or a demo account.

open-account
  • After selecting your account type, provide any additional information required to verify your identity, such as a government-issued ID or a utility bill.

  • Once your account is verified, you can then deposit funds using one of the available payment methods, such as credit/debit cards or bank transfers. After making a deposit, you can start trading immediately using the Libertex trading platform, which offers a range of tools and features to help you make informed trading decisions.

Leverage

Libertex offers a maximum trading leverage of up to 1:500, which is a highly competitive offering compared to other forex brokers in the market. With this leverage, traders can amplify their potential profits by up to 500 times their initial investment, but they should also be aware of the increased risks involved. Additionally, the Libertex CFD account allows traders to use a range of leverage options from 1:1 to 1:999, which provides traders with even greater flexibility in managing their risk and potential profit. Traders should carefully consider their trading strategy and risk tolerance when choosing the appropriate leverage for their trades.

Spreads & Commissions (Trading Fees)

According to the information provided by Libertex, they claim to offer spreads starting from 0.0 pips on certain trading instruments. This means that for these specific instruments, the difference between the bid and ask price can be as low as 0.0 pips, indicating a tight spread.

Regarding commissions, Libertex states that they do not charge any commission fees. This suggests that their fee structure is based solely on the spreads offered. Instead of charging separate commissions per trade, Libertex incorporates the costs within the spreads they provide. This can provide traders with a transparent and all-inclusive pricing model.

It's important to note that while Libertex advertises spreads starting from 0.0 pips and no commissions, the actual spreads may vary depending on market conditions, volatility, and the specific trading instrument. Different trading account types and platforms offered by Libertex may also have varying spreads.

Non-Trading Fees

Libertex does not charge any non-trading fees, such as deposit or withdrawal fees, inactivity fees, or account maintenance fees. However, there may be fees charged by payment providers for deposit and withdrawal transactions, which vary depending on the payment method and the user's country of residence. It's important to check the fee schedules of the chosen payment method before initiating any transactions.

Trading Platform

Libertex offers three trading platforms for its clients: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the proprietary Libertex platform.

MT4 and MT5 are popular trading platforms that offer a wide range of trading tools and features. They both support automated trading through Expert Advisors (EAs) and allow for customization of indicators and charting tools. Additionally, they provide access to a large library of educational resources and analysis tools.

trading-platform

MT4 and MT5 are popular trading platforms that offer a wide range of trading tools and features. They both support automated trading through Expert Advisors (EAs) and allow for customization of indicators and charting tools. Additionally, they provide access to a large library of educational resources and analysis tools.

trading-platform

The Libertex platform, on the other hand, is a user-friendly trading platform designed for traders of all levels. It provides a simple and intuitive interface with a range of trading instruments, including stocks, forex, commodities, and cryptocurrencies. The platform also offers a range of technical analysis tools, educational resources, and a news feed to keep traders up to date with the latest market developments.

trading-platform

Welcome Bonus

It appears that this broker offers a 100% welcome deposit bonus for new clients. To be eligible for the bonus, the minimum deposit amount is $100, and the maximum bonus amount is $10,000. This means that if a new client deposits $100, they will receive an additional $100 in bonus funds, making their total account balance $200. However, if a new client deposits $15,000, they will only receive the maximum bonus amount of $10,000, making their total account balance $25,000.

welcome-bonus

Deposit & Withdrawal

Deposit and withdrawal methods are an important consideration when choosing a forex broker. It's worth noting that for this particular broker, the only available payment methods are Visa and Mastercard. While these methods are widely accepted and convenient for many traders, it's important to keep in mind that some traders may prefer other payment options, such as bank transfers or e-wallets. It's always a good idea to check with the broker's customer support team to ensure that their available payment methods meet your needs before opening an account.

payment-methods

Customer Support

Libertex offers several customer support options, including phone support and email support. Additionally, they offer a live chat feature that allows clients to connect with a customer support representative in real-time to get assistance with their questions or concerns. This feature is available 24/5 and can be accessed directly from the Libertex website.

The live chat feature is a convenient way for clients to get quick answers to their questions or to receive assistance with any issues they may be experiencing. It can also be a helpful resource for new clients who may have questions about the platform or how to use its features.

customer-support

Educational Resources

Libertex offers a variety of educational resources to help traders make informed decisions. Their blog covers a range of topics related to trading, including market analysis, strategies, and trading psychology. In addition to the blog, they also provide a news section that covers major economic events and their potential impact on the market. For traders who want to stay up-to-date on the latest economic events, Libertex offers an economic calendar that shows upcoming releases and their expected impact. Other educational resources include webinars and video tutorials that cover a range of topics from beginner to advanced trading concepts.

educational-resources
educational-resources

Conclusion

Libertex is a Seychelles-based online forex and CFD broker that offers a wide range of trading instruments, including stocks, cryptocurrencies, metals, and indices. The broker provides traders with multiple trading platforms, including MT4, MT5, and their proprietary Libertex platform, which is available for desktop and mobile devices. Additionally, Libertex offers a demo account for beginners to practice trading without risking real money.

However, it has a limited range of payment options and does not offer 24/7 customer support. Furthermore, the lack of educational resources may be a disadvantage for beginner traders who require additional guidance. Overall, Libertex may be a suitable broker for experienced traders seeking a diverse range of trading instruments and platforms, but may not be the best fit for beginners or those in need of comprehensive educational resources and round-the-clock support.

Frequently Asked Questions (FAQs)

Q 1: Is Libertex regulated?
A 1: Yes. It is regulated by Cyprus Securities and Exchange Commission (CYSEC).
Q 2: At Libertex, are there any regional restrictions for traders?
A 2: Yes. Libertex does not accept any customers from and does not operate in any of the following restricted countries, such as Russia, USA, Japan, Brazil and European Union; countries identified by FATF as high-risk and non-cooperative jurisdictions having strategic AML/CFT deficiencies; and countries that are under international sanctions.
Q 3: Does Libertex offer demo accounts?
A 3: Yes. Libertex offers free demo accounts with $50,000 virtual capital.
Q 4: Does Libertex offer the industry-standard MT4 & MT5?
A 4: Yes. Both MT4 and MT5 are available.
Q 5: Does Libertex charge a fee?
A 5: Like every forex broker, it charges a spread fee but no commission is charged. It also charges a monthly inactivity fee of €10 applies after 180 days of dormancy.
Q 6: Is Libertex a good broker for beginners?
A 6: Yes. Libertex is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

Are the transaction costs and expenses of blackbull-markets, libertex lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive blackbull-markets and libertex are, we first considered common fees for standard accounts. On blackbull-markets, the average spread for the EUR/USD currency pair is EURUSD average is 0.2; Gold average is 0.2 pips, while on libertex the spread is --.

Which broker between blackbull-markets, libertex is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

blackbull-markets is regulated by FMA,FSA. libertex is regulated by CYSEC.

Which broker between blackbull-markets, libertex provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

blackbull-markets provides trading platform including ECN STANDARD,ECN PRIME,ECN INSTITUTIONAL and trading variety including --. libertex provides trading platform including -- and trading variety including --.

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