Alpari vs Libertex 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
Libertex has the higher TFB Score (71/100 vs 61/100).
Alpari, founded in 1998, is a trading name of Parlance Trading Ltd, licensed by the Mwali International Services Authority (an offshore regulator), offering Micro, Standard, ECN and Pro ECN accounts on MetaTrader 4, MetaTrader 5 and the Alpari app.
Libertex is operated in the EU by Indication Investments Ltd, a Cyprus Investment Firm licensed by CySEC (164/12), offering CFDs on its own Libertex platform and on MetaTrader 4 and 5.
84% of retail CFD accounts lose money with this provider.
Side by side
| Item | Alpari | Libertex |
|---|---|---|
| TFB Score | 61/100 | 71/100▲ |
| Regulation & safety | 7/35Strongest licence MISA (tier 3) | 28/35▲1 tier-1 regulator (CySEC), investor compensation |
| Fees & costs | 22/25▲All-in cost from 0.00 pips, no commission | 11/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 16/20Minimum deposit $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN), 5 deposit methods, 5 withdrawal methods | 17/20▲Minimum deposit €100, 10 deposit methods, 5 withdrawal methods |
| Platforms & trading | 16/20▲MT4, MT5; leverage up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | 15/20MT4, MT5; leverage up to 1:30 for retail clients (Indication Investments Ltd, CySEC) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | MISA | CySEC |
| Minimum deposit | $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN) | €100 |
| Spreads from | 0.0 pips (Pro ECN); 0.8 pips (ECN); 1.2 pips (Standard; Micro from 1.5 pips) | Not published |
| Commission | None on Micro, Standard and ECN; Pro ECN forex $2.5 per lot traded | From 0.0% (depending on the underlying asset) |
| Max leverage | Up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | 1:30 for retail clients (Indication Investments Ltd, CySEC) |
| Platforms | ||
| Withdrawal methods | Bank transfers, Debit and credit cards, E-wallets, Local payment methods, Cryptocurrency | Credit/debit card (1 EUR fee), PayPal (free), Skrill (1%), Neteller (1%), SEPA / International bank wire (0.5%, min 2 EUR, max 10 EUR) |
| Retail accounts losing money | Not published | 84% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Alpari review · Libertex review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Alpari or Libertex better?
Libertex has the higher TFB Score (71/100 vs 61/100). The best choice depends on your country, platform and payment method.
Are Alpari and Libertex regulated?
Alpari: MISA. Libertex: CySEC. Every licence is linked to the regulator's register on each review.
Which is safer, Alpari or Libertex?
Alpari holds no tier-1 licence; Libertex holds 1 (CySEC). Tier-1 regulators have the strictest rules on client money. Your protection depends on which company opens your account.
What is the minimum deposit at Alpari and Libertex?
Alpari: $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN). Libertex: €100.
Do Alpari and Libertex offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. Alpari: MetaTrader 4, MetaTrader 5, Alpari Mobile App. Libertex: Libertex, MetaTrader 4, MetaTrader 5.
What is the maximum leverage at Alpari and Libertex?
Alpari: Up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd). Libertex: 1:30 for retail clients (Indication Investments Ltd, CySEC). Leverage depends on the company that opens your account and on your country.
More Alpari comparisons
More Libertex comparisons
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning