Side-by-side
Libertex vs XM Group
Libertex vs XM Group — Direct comparison across cost, regulation, leverage, platforms and operating history.
Tracked byBrokerlist Editorial · Independent review teamUpdated
In short. Choose Libertex if you are an EU/EEA resident who wants an EU-regulated (CySEC) broker with ICF compensation and negative balance protection. Choose XM Group if you want the lowest-friction entry in our list — $5 minimum deposit.
Libertex vs XM Group comparison: fees, licences, platforms
Verdict at a glance
XM Group leads
- Libertex
- ahead on 0 dimensions
- XM Group
- ahead on 3 dimensions
- Tied
- 2 tied
Cost per lot
Libertex: Floating, XM Group: $13.00/lot. Same cost per lot.
Minimum deposit
Libertex: €100, XM Group: $5. Smaller minimum at XM Group.
Maximum leverage
Libertex: 1:30, XM Group: 1:1000. Higher leverage at XM Group.
Regulator and licence
Libertex: CySEC, XM Group: ASIC, CySEC, IFSC. Stronger licensing at XM Group.
Trading platforms
Libertex: MetaTrader 4, MetaTrader 5, Libertex Platform, XM Group: MetaTrader 4, MetaTrader 5, Web Trader. Same platform selection.
Pros and cons
Libertex
Pros
- ✓CySEC-regulated (Indication Investments Ltd, licence 164/12) with ICF investor compensation and negative balance protection
- ✓MT4/MT5 plus proprietary Libertex platform; strong local EU funding (SOFORT, iDEAL, Giropay, Przelewy24)
Cons
- ✕Single-jurisdiction CySEC coverage — no FCA or ASIC fallback
- ✕Retail leverage capped at 1:30 (ESMA/CySEC) — lower than offshore brokers
- ✕€100 minimum deposit; inactivity fee applies after extended dormancy
XM Group
Pros
- ✓$5 minimum makes starting cheap
- ✓Well-made educational content for beginners
Cons
- ✕Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list
- ✕Inactivity fee ~$5/month after extended inactivity
- ✕EU retail routed to stricter CySEC branch; XM Global offshore entity handles higher-leverage non-EU flow
- ✕Does not accept US, Canada, Israel, or Iran residents (broker states other restrictions exist but does not enumerate)
Who should choose which
Choose Libertex if:
- ✓You are an EU/EEA resident who wants an EU-regulated (CySEC) broker with ICF compensation and negative balance protection
- ✓You prefer a simple proprietary platform alongside MT4/MT5
- ✓You value 28 years of operating history (via Forex Club parent, founded 1997)
Choose XM Group if:
- ✓You want the lowest-friction entry in our list — $5 minimum deposit
- ✓You use payment methods other brokers charge fees on — XM's "no-fees" policy covers most card and e-wallet provider charges
- ✓You're in AU retail and want ASIC + CySEC double cover
- ✓You're a beginner who values broker-provided educational content as part of the onboarding
- ✓You need Western Union or MoneyGram funding — rare support among our brokers
84% of retail investor accounts lose money
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Frequently asked
Which is better — Libertex or XM Group?+
Across our 5 dimensions: Libertex leads in 0, XM Group in 3, ties: 2. Overall verdict: XM Group. Full breakdown below.
Which broker has lower fees?+
Cost-per-lot in our calculation: Libertex — $0.00, XM Group — $13.00. Lower at a tie.
Which is better for beginners?+
Minimum deposit: Libertex — $100, XM Group — $5. Easier onboarding at XM Group.
What trading platforms do they offer?+
Libertex: MetaTrader 4, MetaTrader 5, Libertex Platform. XM Group: MetaTrader 4, MetaTrader 5, Web Trader.
Who regulates each broker?+
Libertex: CySEC. XM Group: ASIC, CySEC, IFSC.