Libertex vs XM
Side-by-side comparison of regulation, trading costs, platforms, and account types for Libertex and XM.
Cyprus-based CFD broker (Indication Investments / Forex Club lineage) with a 25+ year brand history and a distinctive multiplier-based pricing model. App-led with 50+ crypto CFDs — popular across continental Europe and Latin America.
Global broker with multi-jurisdictional licensing (CySEC, ASIC, FSCA, FSC-Belize, IFSC). Strong cTrader and MT4/MT5 offering, low minimum deposits, and broad product range. Important note: from 20 June 2025, the Monetary Authority of Singapore directed Internet Service Providers to block XM's website for Singapore residents (XM was found offering leveraged trading without a Capital Markets Services licence). Singapore residents are no longer able to open new XM accounts. Additionally, UK visitors are redirected to Trading.com (a separate XM Group entity) - XM does not directly accept UK retail clients. Other regions (AU, EU, MY) remain serviced.
Quick verdict
- Trust: XM has the higher trust score.
- EUR/USD spread: Libertex is tighter on EUR/USD.
Side-by-side comparison
| Feature | Libertex | XM |
|---|---|---|
| Trust score | 8.0 | 8.4 |
| Regulators | CySEC | ASIC, CySEC, DFSA, FSCA, FSC-Belize |
| Headquarters | Limassol, Cyprus | Cyprus |
| Founded | 1997 | 2009 |
| Min deposit | $100 | $5 |
| Max leverage | 1:30 | 1:1000 |
| EUR/USD spread | 0.50 pips | 0.70 pips |
| Commission per lot | $0.00 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, Skrill, Neteller, Trustly | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal speed | 48h | 24h |
| Base currencies | USD, EUR, GBP | USD, EUR, GBP, AUD, JPY, SGD |