Quick Verdict — Ukraine Traders
Best Overall
XM Group
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
XM Group
Swap-free for Ukraine Muslims
Best for Beginners
XM Group
Better education & support
1:1000 vs 1:30
Max leverage
CySEC vs CySEC
Top regulator
Head-to-head comparison
Ukraine traders looking for a reliable forex broker in 2026 often compare XM Group and Libertex. Both brokers are well-known internationally and accept Ukrainian residents, but they differ significantly in trading costs, platform features, and regulation. XM Group holds a strong 4.7/5 rating and is regulated by multiple top-tier authorities, while Libertex scores 3.7/5 and focuses on a simpler user experience. For Ukraine traders, key factors include deposit methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, as well as local regulatory compliance. This comparison breaks down spreads, platforms, account types, and customer support to help you choose the best broker for your trading style in Ukraine.
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Overall Scores Comparison

XM Group
CySEC · ASIC · IFSC
4.3
CompareBroker score
Winner
VS

Libertex
CySEC
3.8
CompareBroker score
Trading Costs
Spreads, commissions
Platforms
MT4, MT5, cTrader, TV
Regulation
Safety, oversight
Customer Support
24/5, chat, phone
Education
Webinars, guides
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Trading Costs - Spreads & Commissions
| Instrument | XM Group | Libertex | Winner |
|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $100 | Libertex |
XM Group offers significantly lower trading costs for Ukraine traders. Spreads start from 0.0 pips on the Zero account, with a commission of $3.5 per lot. Libertex spreads begin at 0.5 pips for major pairs like EUR/USD, with no commission but wider spreads overall. For a Ukraine trader executing 10 standard lots per month, XM Group can save up to $200 in costs compared to Libertex. Additionally, XM Group provides negative balance protection, which is crucial for volatile markets.
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Account Types Comparison
| Account Type | XM Group | Libertex |
|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
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Leverage Comparison - Ukraine Traders
| Entity / Asset | XM Group | Libertex |
|---|
| Ukraine (offshore) | Up to 1:1000 | Up to 1:30 |
| Forex major pairs | 1:1000 | 1:30 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Leverage Warning for Ukraine Traders
Traders in Ukraine typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
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Trading Instruments - Assets Available
| Asset Class | XM Group | Libertex | Winner |
|---|
| Forex pairs | 90+ | 65+ | XM Group |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | XM Group |
| Crypto CFDs | 30+ | 20+ | XM Group |
| Stocks / Share CFDs | ✗ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
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Execution Quality - Speed & Slippage
| Factor | XM Group | Libertex | Winner |
|---|
| Execution model | ECN/STP | True ECN | Libertex |
| Avg execution speed | ~30ms | ~40ms | XM Group |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
XM Group provides market execution with no requotes and an average execution speed of under 0.1 seconds. Libertex uses instant execution, which can lead to slippage during news events. For Ukraine traders trading during volatile European sessions, XM Group offers more reliable order fills.
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Regulation & Safety for Ukraine Traders
| Safety Factor | XM Group | Libertex |
|---|
| Primary regulator | ASIC | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
XM Group is regulated by multiple top-tier authorities including FCA (UK), CySEC (Cyprus), and ASIC (Australia), and complies with the local financial regulator in Ukraine. Libertex is regulated by CySEC and the Financial Services Authority (FSA) in Seychelles. For Ukraine traders, XM Group offers stronger investor protection, including compensation schemes, while Libertex provides basic regulation. Both brokers are legal for Ukrainian residents.
Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Ukraine traders may differ by entity.
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Deposits & Withdrawals for Ukraine
| Payment Method | XM Group | Libertex |
|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days | 5 business days |
Both XM Group and Libertex support the payment methods most used by Ukraine traders: Bank Transfer, Skrill, Neteller, and USDT TRC20. XM Group adds more options like Perfect Money and local bank transfers, while Libertex focuses on e-wallets and crypto. Deposits are instant and free for both brokers. Withdrawals at XM Group are processed within 24 hours, while Libertex takes 1-3 business days. XM Group does not charge withdrawal fees, but Libertex may apply a small fee for certain methods. USDT TRC20 is especially popular among Ukraine traders for its speed and low cost.
☪️
Islamic Accounts - Swap-Free for Ukraine Muslims
| Islamic Account Feature | XM Group | Libertex |
|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both brokers offer Islamic (swap-free) accounts for Ukraine Muslim traders who wish to trade without interest. XM Group provides swap-free accounts on all account types, including Standard and Zero, with no expiry. Libertex offers Islamic accounts on standard accounts only, and they may charge an administrative fee after 30 days. XM Group is more flexible and cost-effective for long-term holders.
Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
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Customer Support Comparison
| Support Feature | XM Group | Libertex | Winner |
|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | XM Group |
XM Group offers 24/5 customer support in Ukrainian and Russian, with live chat, email, and phone. Libertex provides support in English and Russian via live chat and email, but response times can be slower. For Ukraine traders, XM Group’s local language support is a clear advantage.
| Mobile Feature | XM Group | Libertex | Winner |
|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | XM Group |
| Google Play rating | 4.3 stars | 4.2 stars | XM Group |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
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Education & Research Tools
| Resource | XM Group | Libertex | Winner |
|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | XM Group |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | XM Group |
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Real User Reviews - Trustpilot
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Pros & Cons of Each Broker
XM Group
Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
Libertex
Pros
Cons
-No TradingView
-No 24/7 support
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Who Should Use Which Broker? - Ukraine Guide
Choose XM Group if you...
- Want the lowest spreads starting from 0.0 pips
- Need MetaTrader 4/5 for advanced trading and EAs
- Prefer strong regulation and investor protection
- Use multiple payment methods including USDT TRC20
Choose Libertex if you...
- Are a beginner looking for a simple platform
- Want to trade without commissions
- Prefer a proprietary platform with social trading features
- Don't need advanced tools or automated trading
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FAQ - XM Group vs Libertex in Ukraine
Is XM Group or Libertex better for Ukraine?
+Can Ukraine traders use both brokers legally?
+Which broker has lower spreads for Ukraine traders?
+How do Ukraine traders deposit at XM Group and Libertex?
+Do both brokers offer Islamic accounts for Ukraine?
+Final Verdict - Ukraine 2026
XM Group wins overall
For Ukraine traders in 2026, XM Group is the superior choice overall. It offers lower trading costs, more advanced platforms, stronger regulation, and faster support in Ukrainian. Libertex is a decent option for beginners who prefer simplicity, but its wider spreads and limited regulation make it less competitive for serious traders. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and comply with the local financial regulator. If you want the best value and reliability, choose XM Group.
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.