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Libertex vs TopFX 2026

BrokerNotes.co

Written by BrokerNotes.co

January 23, 2025
  Fact Checked

Trying to decide between Libertex and TopFX? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we've determined that, overall, Libertex ranks more highly than TopFX.

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Compare

0 of 5
Overall Rating Libertex TopFX
Overall Rating star 6.7 /10 star 6.7 /10
Offering of Investments star 6.5 /10 star 7.0 /10
Commissions & Fees star 6.0 /10 star 7.5 /10
Platform & Tools star 7.5 /10 star 7.5 /10
Research star 5.5 /10 star 5.5 /10
Mobile Trading star 7.5 /10 star 7.5 /10
Education star 6.0 /10 star 5.5 /10
Account Type Libertex TopFX
Islamic Account No
Professional Account Yes
VIP/Premium Account Yes
Deposit/Withdrawal Options Libertex TopFX
Minimum Deposit $10 Depends on payment method
Bank Wire (Deposit/Withdraw) Yes
Credit card (Deposit/withdraw) Yes
PayPal (Deposit/Withdraw) Yes
Non-wire bank transfer Yes No
Copy Trading Libertex TopFX
Copy Trading Yes Yes
Cryptocurrency Libertex TopFX
Cryptocurrency (Underlying) No No
Cryptocurrency (CFDs) Yes Yes
Bitcoin (BTC) Yes Yes
Ethereum (ETH) Yes Yes
Forex Trading (Spot or CFDs) Libertex TopFX
Forex Trading (Spot or CFDs) Yes Yes
Indices (Index CFDs) Libertex TopFX
DAX Yes Yes
Dow Jones Yes Yes
FTSE Yes Yes
NASDAQ 100 Yes Yes
Nikkei Yes Yes
SP 500 Yes Yes
Investments Libertex TopFX
Forex Trading (Spot or CFDs) Yes Yes
Spread Betting No No
Copy Trading Yes Yes
Commodities: Silver Yes Yes
Commodities: Oil Yes Yes
Commodities: Agriculturals Yes No
ETF Yes Yes
U.S. Stocks (CFDs) Yes Yes
Trading Platforms Libertex TopFX
Apple iOS App Yes Yes
Android App Yes Yes
Proprietary Desktop Trading Platform No No
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) Yes No
Regulatory Licenses Libertex TopFX
Tier-1 Licenses 1 1
Australia (ASIC Authorised) No No
Canada (CIRO Authorised) No No
Hong Kong (SFC Authorised) No No
Japan (FSA Authorised) No No
Singapore (MAS Authorised) No No
Switzerland (FINMA Authorised)
United Kingdom (U.K.) (FCA Authorised) No No
USA (CFTC Authorized) No No
New Zealand (FMA Authorised) No No
Regulated in one or more EU or EEA countries (MiFID). Yes Yes
Tier-2 Licenses 1 0
Tier-3 Licenses 0 0
Research, Education Libertex TopFX
Trading Central Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Daily Market Commentary (Articles) No No
Autochartist No Yes
Videos - Beginner Trading Videos No No
Trading Costs Libertex TopFX
Minimum Deposit $10 Depends on payment method
Average spread (EUR/USD) - Standard account 0.3 1.03
All-in Cost EUR/USD - Active 1.3 0.88
Trading Tools Libertex TopFX
Charting - Indicators / Studies (Total) 43 30
Mobile Charting - Indicators / Studies 0 30
Trust Factors Libertex TopFX
Year Founded 1997 2010
Publicly Traded (Listed) No No
Bank No No
Regulated in one or more EU or EEA countries (MiFID). Yes Yes
Trust Score 79 67
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Libertex vs TopFX Comparison

Comparing forex brokers side by side is no easy task. Our research team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Trying to decide between Libertex and TopFX? Our independent database powered by our unbiased research will help you compare Libertex vs TopFX side-by-side.

What is Trust Score?

Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.

Can I trust Libertex?

Libertex has a Trust Score of 79, giving it a "Average Risk" Trust Score Label.

Can I trust TopFX?

TopFX has a Trust Score of 67, giving it a "High Risk" Trust Score Label.

Is Libertex a good broker?

Founded in 1997, Libertex (Forex Club) has long been a MetaTrader broker, though its more recent Libertex brand in Europe has rolled out a self-titled proprietary trading platform. That said, Libertex holds fewer regulatory licenses than its peers, resulting in a below-average Trust Score.

Is TopFX a good broker?

TopFX offers the MetaTraderand cTrader platforms, along with a growing selection of tradeable markets. That said, this broker's lack of substantial regulatory licenses outside of Cyprus brings its Trust Score down. TopFX also lags behind the industry average when it comes to market research and education.

What Tier-1 jurisdictions is each broker regulated in?

Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. unfortunately, neither Libertex nor TopFX are Australia (ASIC Authorised), Canada (CIRO Authorised), Hong Kong (SFC Authorised), CBI Authorised (Ireland), Japan (FSA Authorised), Singapore (MAS Authorised), New Zealand (FMA Authorised), Switzerland (FINMA Authorised), United Kingdom (U.K.) (FCA Authorised) and USA (CFTC Authorized).. Neither have USA (CFTC Authorized)

What Tier-2 jurisdictions is each broker regulated in? What about Tier-3?

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, Libertex is Cyprus (CySEC Authorised) and South Africa (FSCA Authorised), while TopFX is Cyprus (CySEC Authorised).. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised), Thailand (SEC Authorised) and UAE (DFSA, FSRA, or CMA Authorised). When comparing tier-3 licenses Libertex is Mauritius (FSC Authorised) and Vanuatu (VFSC Authorised), while TopFX is none.. Neither have Bahamas (SCB Authorised), Belize (FSC Authorised), Bermuda (BMA Authorised), British Virgin Islands (FSC Authorised) and Cayman Islands (CIMA Authorised).

Which broker offers more trading platforms?

Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that Libertex offers a Desktop Platform (Windows), whereas TopFX supports a Desktop Platform (Windows) and cTrader. Neither have Proprietary Desktop Trading Platform, DupliTrade [DELETED] and ZuluTrade [DELETED]

Does Libertex offer MetaTrader? Does TopFX offer MetaTrader?

For MetaTrader Libertex provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while TopFX provides MetaTrader 4 (MT4). If MetaTrader is a must for you, read our guides on the best MT4 brokers or best MT5 brokers.

How do Libertex and TopFX differ in terms of minimum deposit? What about average spreads and funding options?

Libertex requires a minimum deposit of $10, while TopFX requires a minimum deposit of Depends on payment method. It's also important to ensure your broker accepts the funding options and deposit methods that work best for you. In our research, we've found that Libertex supports Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw) and Skrill (Deposit/Withdraw) for funding and deposit methods, whereas TopFX supports neither of these. Neither have Visa/Mastercard (Credit/Debit) [DELETED]

Which broker offers more tradeable asset classes, Libertex or TopFX?

When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that Libertex delivers a more diverse selection of investment options than TopFX, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Copy Trading, Commodities: Silver, Commodities: Oil, Commodities: Agriculturals, ETF and U.S. Stocks (CFDs). Neither have Spread Betting.

We also keep track of each broker’s total number of tradeable symbols; Libertex offers 1573, and TopFX offers a total of 655 tradeable symbols.

Can I trade cryptocurrency with Libertex or TopFX?

Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither Libertex nor TopFX allow you to trade physical cryptocurrencies.

Who offers more research tools, Libertex or TopFX?

Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. We test each broker’s research offering to help you decide which broker is right for your technical or fundamental analysis needs. Libertex delivers the following research tools: Forex News (Top-Tier Sources), Trading Central and Copy Trading. TopFX, on the other hand, provides the tools listed here: Autochartist, Forex News (Top-Tier Sources), Trading Central and Copy Trading. Neither have Daily Market Commentary (Articles) and Stock Charts [DELETED]

Broker Reviews

Still looking for more information, read our broker reviews.

Libertex Review

TopFX Review

Overall winner: TopFX

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announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.


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