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CMC Markets vs Libertex: 2023 Comparison

Franklin Carneiro da Silva| Updated: September 15, 2023

Are you confused about whether to choose CMC Markets vs Libertex as a broker for your investing needs?

In this side-by-side comparison, we analyse CMC Markets vs Libertex to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.

Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!

CMC Markets vs Libertex: 2023 Comparison 1
Visit CMC MarketsAsset 3

81% of retail CFD accounts lose money.

Ideal for
CFDs and spread betting

CMC Markets (CMC) is a well-established, publicly traded on the London Stock Exchange (LSE), and highly regarded UK forex and CFD broker.

At the core of CMC Markets’ offerings is its advanced trading platform called “Next Generation”, which provides traders with powerful tools and features to execute trades efficiently.

CMC Markets offers a wide array of financial instruments, both CFDs and spread betting, across several different asset classes (shares, indices, commodities, forex, and cryptocurrencies).

Ideal for
Traders focused on CFDs only

Libertex Broker is a popular online trading platform that offers a simplified and user-friendly trading experience to its clients.

The platform is designed to be intuitive and easy to navigate, making it suitable for both beginners and experienced traders.

The broker operates on a commission-based fee structure (spreads apply), with pricing that varies depending on the asset class and trading volume.

Pros and Cons

Pros

  • Listed in the London Stock Exchange (higher financials transparency)
  • Spread betting (Ireland and UK only)
  • High track record (since 1989)
  • Valuable educaiton tools
  • Good customer service
  • No minimum deposit

Cons

  • Doesn't accept US residents
  • High CFD spreads for some stocks and indices
  • Limited funding methods
  • No offer of real stocks and ETFs, options and bonds: only available through "CMC Invest"

Pros

  • Access to MetaTrader 4 and 5
  • Low minimum deposit
  • Educational Materials
  • Readily available customer service

Cons

  • Low product offering (mostly CFDs)
  • Inactivity fee
  • Unavailable in major markets (Germany, France, Finland and others)
CMC Markets vs Libertex: 2023 Comparison 2
libertex logo
  •  
  • General Information
  • Founded in
  • Demo Account
  • Account Minimum
  • Interest on unninvested cash (annually)
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Cryptocurrencies
  • Custody Fee
  • Inactivity Fee
  • Withdrawal Fee
  • Connectivity Fee
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per institution)
  • CMC MarketsAsset 3

    81% of retail CFD accounts lose money.

  • General Information
  • Founded in1989
  • Demo Account
  • Account Minimum$0
  • Interest on unninvested cash (annually)0%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*CFDs on stocks, ETFs, Indices, Forex Cryptocurrencies, Commodities and Treasuries. Plus, spread betting (only for UK and Irish investors)
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocksNot Applicable
  • EU stocksNot Applicable
  • ETFsNot Applicable
  • CryptocurrenciesNot Applicable
  • Custody Fee$0
  • Inactivity Fee$10, if there is no account activity for over a year
  • Withdrawal Fee$0
  • Connectivity Fee$0
  • Currency Conversion Fee0.50%
  • Security
  • RegulatorsFCA, BaFin, CIRO, ASIC, FMA, MAS, DFSA
  • Investor Compensation Scheme(per person, per institution)

    Depends on the subsidiary.
    UK: Up to £85,000 (Assets + cash)

  • LibertexAsset 3
  • General Information
  • Founded in1997
  • Demo Account
  • Account Minimum€/$10
  • Interest on unninvested cash (annually)0%
  • Products
  • Stocks*Only under the European Subsidiary
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, ETFs, Crypto, Forex, Commodities, Options and others.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks0%
  • EU stocksNot Applicable
  • ETFsNot Applicable
  • CryptocurrenciesNot Applicable
  • Custody Fee-
  • Inactivity Fee-
  • Withdrawal Fee-
  • Connectivity Fee-
  • Currency Conversion Fee-
  • Security
  • RegulatorsCySEC
  • Investor Compensation Scheme(per person, per institution)

    Up to €20,000 in assets and cash

Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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