United States
United Kingdom
Germany
Netherlands
Australia
United Arab Emirates
Canada
Italy
Spain
Austria
Croatia
Serbia
Portugal
CypruseToro vs Libertex
What each one charges, who licenses it, and how they rank against each other country by country.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The short version
We rank both for CFDs in 8 countries, and eToro comes out ahead in every one of them.
We score each country separately, based on the company that would actually hold your account there, so check your own country in the table below.
We haven't found a fee they both publish in a way we can compare fairly, so the table below just shows what each one charges.
eToro holds top-tier licences from FCA, ASIC, SEC / FINRA and NYDFS; Libertex has no tier-1 licence.
- Much of Libertex's business runs through offshore companies, where client protection is usually weaker.Edge: eToro
- We list eToro in 12 of the 14 countries we cover and Libertex in 8. They overlap in 8.Edge: eToro
- Only eToro offers stocks & ETFs and crypto.
- Only Libertex offers forex.
- Only Libertex supports MetaTrader 4 and MetaTrader 5.
- eToro gets more search attention than Libertex (Market Signal 71 vs 43). That tells you how well known it is, not how good it is.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
CFD brokers
| Country | eToro | Libertex |
|---|---|---|
| Austria | #2 of 3072/100EU passport eToro (Europe) Ltd · CySEC | #24 of 3051/100EU passport Indication Investments Ltd · CySEC |
| Croatia | #1 of 2872/100EU passport eToro (Europe) Ltd · CySEC | #22 of 2851/100EU passport Indication Investments Ltd · CySEC |
| Cyprus | #1 of 3072/100Locally licensed eToro (Europe) Ltd · CySEC | #23 of 3051/100Locally licensed Indication Investments Ltd · CySEC |
| Germany | #2 of 3172/100EU passport eToro (Europe) Ltd · CySEC | #25 of 3151/100EU passport Indication Investments Ltd · CySEC |
| Italy | #2 of 3372/100EU passport eToro (Europe) Ltd · CySEC | #26 of 3351/100EU passport Indication Investments Ltd · CySEC |
| Netherlands | #3 of 3072/100EU passport eToro (Europe) Ltd · CySEC | #24 of 3051/100EU passport Indication Investments Ltd · CySEC |
| Portugal | #2 of 3172/100EU passport eToro (Europe) Ltd · CySEC | #24 of 3151/100EU passport Indication Investments Ltd · CySEC |
| Spain | #2 of 3172/100EU passport eToro (Europe) Ltd · CySEC | #25 of 3151/100EU passport Indication Investments Ltd · CySEC |
| Australia | #2 of 1873/100Locally licensed eToro AUS Capital Limited · ASIC | Not listed |
| United Arab Emirates | #3 of 1272/100Locally licensed eToro (ME) Limited · FSRA (ADGM) | Not listed |
| United Kingdom | #3 of 1874/100Locally licensed eToro (UK) Ltd · FCA | Not listed |
Fees and features side by side
| eToro | Libertex | |
|---|---|---|
| Products | Stocks & ETFs, CFDs, Crypto, Copy trading | Forex, CFDs |
| Owner | eToro Group Ltd (listed on Nasdaq) | Libertex Group |
| EUR/USD all-in cost | Not verified yet | Not verified yet |
| US stock commission | $2 per order | Not verified yet |
| Crypto trading fee | 1%, app fee per trade (no order book) | Not verified yet |
| Currency conversion fee | Not verified yet | Not verified yet |
| Inactivity fee | None | €10 per month after 180 days without activity |
| Withdrawal fee | Up to $5 | €1, card withdrawals; Skrill/Neteller 1%, bank wire 0.5% (min €2, max €10) |
| Minimum deposit | $50 (eToro USA Securities Inc.) | €100 (Indication Investments Ltd) |
| Instruments | 10,000+ | 1,000+ |
| Fractional shares | Yes | Not verified yet |
| Platforms | eToro web platform, eToro mobile app | Libertex, MetaTrader 4, MetaTrader 5 |
| Deposit methods | Bank transfer, Credit/debit card, Trustly (online banking), SEPA transfer | PayPal, Skrill, Neteller, Credit/debit card, SEPA / international bank wire |
| Withdrawal time (stated) | status email within 2 business days; up to 10 business days by method | Not verified yet |
| Demo account | Yes | Yes |
| Support | Not verified yet | Not verified yet |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (eToro, Libertex).
Licences
eToro
- eToro (Europe) Ltd: CySEC (Tier 2)
- eToro (UK) Ltd: FCA (Tier 1)
- eToro AUS Capital Limited: ASIC (Tier 1)
- eToro USA Securities Inc.: SEC / FINRA (Tier 1)
- eToro (Seychelles) Ltd: FSA Seychelles (Tier 3 (offshore))
- eToro NY LLC: NYDFS (Tier 1)
- eToro (ME) Limited: FSRA (ADGM) (Tier 2)
eToro vs Libertex: common questions
Which is better, eToro or Libertex?
We rank both for CFDs in 8 countries, and eToro comes out ahead in every one of them. For reference, eToro's best ranking is #1 of 30 CFD brokers in Cyprus, and Libertex's best ranking is #21 of 26 forex brokers in Croatia.
Is eToro cheaper than Libertex?
We haven't been able to compare their fees like for like yet. The fees table on this page shows what each one publishes.
Is eToro or Libertex better regulated?
eToro holds top-tier licences from FCA, ASIC, SEC / FINRA and NYDFS; Libertex has no tier-1 licence. Which company you actually sign up with depends on where you live; the country table on this page names it for each one.
Can I use both eToro and Libertex where I live?
We list eToro in 12 of the 14 countries we cover and Libertex in 8. They overlap in 8. For CFDs, you'll find both on our lists in Austria, Croatia, Cyprus, Germany, Italy, Netherlands, Portugal and Spain.