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Libertex Review

Edited by: Louis Schoeman

Libertex Review

Overall, Libertex can be summarised as a leading internet trading firm that focuses on providing a user-friendly and accessible trading platform.  Libertex aims to simplify the trading experience and has a trust score of 69 out of 99.

🔎 Broker🥇 Libertex
📈 Established Year1997
📉 Regulation and LicensesNone that can be confirmed
3️⃣ Ease of Use Rating3/5
🎁 Bonuses✅Yes
⏰ Support Hours24/5
📊 Trading PlatformsLibertex App, MetaTrader 4, MetaTrader 5
🖱️ Account TypesLibertex Portfolio, Libertex CFD Account
🪙 Base CurrenciesEUR, GBP, USD, CHF, PLN
📌 SpreadsFrom 0.0 pips EUR/USD
📍 LeverageUp to 1:1000
💷 Currency Pairs50+; major, minor, and exotic pairs
💶 Minimum Deposit10 USD
💵 Inactivity Fee10 EUR after 6 months of inactivity
🔊 Website LanguagesEnglish, Spanish, Vietnamese, Chinese
💴 Fees and CommissionsSpreads from 0.0 pips, commissions vary
🥰 Affiliate Program✅Yes
🅰️ Scalping✅Yes
🅱️ Hedging✅Yes
📐 Trading InstrumentsForex, metals, indices, soft commodities, ETFs, bonds, energies
🚀 Open an Account👉 Click Here
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Libertex Review – Analysis of Brokers’ Main Features

  1. ☑️ Libertex Overview
  2. ☑️ Libertex Detailed Summary
  3. ☑️ Libertex Safety and Security
  4. ☑️ Libertex Account Types
  5. ☑️ How To Open a Libertex Account
  6. ☑️ Libertex Trading Platforms and Software
  7. ☑️ Libertex Fees, Spreads, and, Commissions
  8. ☑️ Libertex Leverage and Margin
  9. ☑️ Libertex Trading Instruments and Products
  10. ☑️ Libertex Deposit and Withdrawal Options
  11. ☑️ Libertex Educational Resources
  12. ☑️ Libertex Pros and Cons
  13. ☑️ In Conclusion

 

Libertex Overview

Libertex, founded in 1997, is a leading internet trading firm that focuses on providing a user-friendly and accessible trading platform. Previously part of the Forex Club Group, Libertex aims to simplify the trading experience and lower entry barriers for both new and experienced traders.

Libertex has received numerous industry awards and operates globally. Its proprietary trading platform offers a consistent experience on desktop and mobile platforms, combining simplicity with a diverse range of commodities.

Furthermore, Libertex also offers attractive spreads, minimal minimum deposits, and a variety of training materials to help traders of all skill levels.

 

Can I use Libertex services from any country?

While Libertex works internationally, it is vital to remember that some countries cannot utilize its services due to governmental constraints.

 

What makes Libertex different from other Forex and CFD brokers?

Libertex stands out for its user-friendly trading platforms, diverse trading instruments, and competitive spreads.

Libertex Overview

 

Libertex Detailed Summary

🔎 Broker🥇 Libertex
📈 Established Year1997
📉 Regulation and LicensesNone that can be confirmed
3️⃣ Ease of Use Rating3/5
🎁 Bonuses✅Yes
⏰ Support Hours24/5
📊 Trading PlatformsLibertex App, MetaTrader 4, MetaTrader 5
🖱️ Account TypesLibertex Portfolio, Libertex CFD Account
🪙 Base CurrenciesEUR, GBP, USD, CHF, PLN
📌 SpreadsFrom 0.0 pips EUR/USD
📍 LeverageUp to 1:1000
💷 Currency Pairs50+; major, minor, and exotic pairs
💶 Minimum Deposit10 USD
💵 Inactivity Fee10 EUR after 6 months of inactivity
🔊 Website LanguagesEnglish, Spanish, Vietnamese, Chinese
💴 Fees and CommissionsSpreads from 0.0 pips, commissions vary
🥰 Affiliate Program✅Yes
🅰️ Scalping✅Yes
🅱️ Hedging✅Yes
📐 Trading InstrumentsForex, metals, indices, soft commodities, ETFs, bonds, energies
🚀 Open an Account👉 Click Here

Libertex Detailed Summary

 

Libertex Safety and Security

Libertex prioritizes customer protection by implementing robust security measures, including enhanced protection against classic cyber threats like DDoS attacks and spam and special measures for payment processing to prevent fraud and unwanted access.

The platform’s Privacy and Cookies Policy outlines the company’s commitment to avoiding accidental loss, misuse, unauthorized alteration, disclosure, or access to personal information.

Furthermore, regular system upgrades and collaboration between security and IT teams enhance overall cybersecurity measures. Libertex claims to be regulated by CySEC, but this could not be confirmed.

 

What steps does Libertex take to ensure the security of my personal information?

Libertex adheres to strict privacy and data protection policies outlined in its Privacy and Cookies Policy.

 

How often does Libertex conduct system upgrades to enhance security?

Libertex regularly conducts system upgrades and collaborates between security and IT teams to enhance overall cybersecurity measures.

Libertex Safety and Security

 

Libertex Account Types

🔎 Account Type🥇 Libertex Portfolio🥈 Libertex CFD
🩷 AvailabilityInvestorsCFD and Forex Traders
📈 MarketsStocks, ETFsAll
📉 CommissionsMight applyVariable
📊 PlatformsAllAll
💹 Trade SizeFrom 0.01 sharesFrom 0.01 lots
💱 LeverageNone1:1000
💷 Minimum Deposit10 USD10 USD
🚀 Open an Account👉 Click Here👉 Click Here

Libertex Portfolio Account

The Libertex Portfolio account is designed for individuals looking to diversify their investment portfolio across various financial products, including stocks and ETFs.

It is suitable for beginners and experienced investors, with a minimum investment of $10 or its equivalent currency. The account offers competitive spreads and leverage, ensuring a balance of risk and profits, and is ideal for creating a complete investing portfolio using a single trading platform.

Libertex Portfolio

Libertex CFD Account

The Libertex CFD account is a classic trading account for traders who want to trade Contracts for Difference (CFDs) across multiple marketplaces. It allows users to speculate on price fluctuations of cryptocurrencies, Forex pairings, precious metals, and oil without owning them.

It provides access to leverage, potentially increasing earnings and losses. The account is ideal for traders who want flexibility and quick market reactions, blending user-friendly features with powerful trading capabilities.

Libertex CFD Account

Libertex Demo Account

The Libertex Demo Account offers a unique opportunity for novice and experienced traders to practice trading techniques without financial risk.

Users with $50,000 in virtual funds can replicate real-market trading in various financial assets, enhancing confidence and market dynamics before investing real money. The trial account allows experienced traders to test new methods and improve efficiency.

 

Is there an account maintenance charge with Libertex?

No, Libertex does not charge account maintenance fees.

 

Does Libertex provide demo accounts for both account types?

Yes, Libertex offers demo accounts for both Libertex Portfolio and Libertex CFD accounts.

Libertex Demo Account

 

How To Open a Libertex Account

To register an account with Libertex, follow these steps:

✅ Go to the Libertex Website and Select your desired language from the upper right corner.

✅ Click on the “Sign Up” button in the upper right corner of the site.

✅ Enter your email address and generate a strong password. You may also register fast using your Facebook account.

✅ Include your complete name, date of birth, and phone number.

✅ Libertex demands ID verification for regulatory reasons. To submit a copy of your government-issued ID and evidence of residency (such as a utility bill), follow the directions on the screen.

✅ Once validated, choose your desired deposit method from the available choices. Libertex accepts various payment options, including credit cards, debit cards, and electronic wallets. Remember, the minimum deposit is $10 (or the equivalent in your base currency).

✅ Libertex provides a free demo account stocked with virtual funds. This lets you explore the site and try trading methods before investing real money.

✅If you are comfortable and ready, review the various assets at the Libertex trading site. Select your selected asset, enter your transaction settings (amount, leverage, etc.), and execute your deal.

 

Is Libertex’s registration procedure straightforward?

Yes, registration with Libertex is a simple procedure involving entering basic personal information and confirming identification.

 

Does Libertex provide any incentives for new account registrations?

Yes, Libertex periodically gives welcome bonuses or promotions for new account registrations.

How To Open a Libertex Account

 

Libertex Trading Platforms and Software

Libertex App

The Libertex App offers a user-friendly way for traders to access financial markets on their mobile devices. It offers various investment options, including stocks, indexes, metals, currencies, and commodities like oil and gas.

The app particularly appeals to those looking to make their funds work for them, offering features like fast profit withdrawals and a $50,000 trial account.

With a minimum transaction volume of $10 and the ability to leverage up to 999 times, the Libertex App is an excellent resource for efficient funds management.

Libertex App

Libertex MetaTrader 4

MetaTrader 4, the world’s most popular trading platform, offers advanced analytical tools for FX market traders. With over 45 currency pairings and 100 plugins, it allows automated trading and customizable order management.

It also offers a full trading environment with spreads starting at 0.0 pips, fees at $0.04, hedging options, and a maximum leverage of 1:1000. MT4‘s customizable and extensive research capabilities make it an excellent choice for traders interested in market patterns and methods.

Libertex MetaTrader 4

Libertex  MetaTrader 5

MetaTrader 5 expands on the success of MT4, offering a wider range of financial products beyond forex.

It offers trading in equities, indices, commodities, cryptocurrencies, ETFs, and metals, with additional analytical tools like 12 new timeframes, 38 built-in technical indicators, and the ability to create unlimited charts.

The program also features an economic calendar and a news feed for market information. With spreads starting at 0.6 pips and no fees, MT5 is an adaptable platform for traders.

 

Can I modify the UI of Libertex’s trading platforms?

Yes, Libertex’s trading platforms enable traders to customize the interface based on their preferences and trading style.

 

Does Libertex provide real-time market data on its trading platforms?

Yes, Libertex’s trading platforms offer real-time market data, including price quotes, charts, and news feeds, to assist traders in making informed trading decisions.

Libertex  MetaTrader 5

 

Libertex Fees, Spreads, and, Commissions

Libertex Spreads

Libertex offers real-time spreads starting at 1 pip, allowing traders to take advantage of narrow spreads during high liquidity periods.

This strategy aligns with Libertex’s goal to provide an efficient trading platform that meets the demands of low-cost traders, ensuring they can control their trading expenditures effectively.

 

Libertex Commissions

Libertex uses a variable commission model, adjusting costs based on trading activity and deal amount.

This adaptable structure ensures fair compensation for traders, catering to high-volume and low-volume users, ensuring a fair trading environment for all users. No specific commission rates are specified.

 

Libertex Overnight Fees

SWAP or carryover fees are imposed when a position is carried over to the next trading day. Libertex determines these costs based on the trading platform and asset criteria. These fees are crucial for overnight traders, representing transaction costs and interest rate differentials.

 

Libertex Deposit and Withdrawal Fees

Libertex offers a user-friendly trading environment without any fees for deposits or withdrawals, allowing traders to handle their funds without incurring additional expenses from the broker. However, third-party payment processors may charge fees beyond Libertex’s control.

 

Libertex Inactivity Fees

A $10 penalty is imposed after 6 months of inactivity for traders to encourage active account usage, a common practice in the business, reminding traders to maintain or close their accounts if they no longer wish to trade.

 

Libertex Currency Conversion Fees

Currency conversion fees may apply to international traders who conduct transactions in currencies outside their account-based currency, significantly impacting their overall trading cost and profit.

 

Does Libertex charge commissions on trades?

Yes, Libertex utilizes a variable commission model, adjusting commissions based on trading activity and deal amount to ensure fair compensation for traders.

 

How does Libertex handle inactivity fees?

Libertex imposes an inactivity fee of $10 after 6 months of account inactivity, serving as a reminder for traders to maintain active account usage.

Libertex Fees, Spreads, and, Commissions

 

Libertex Leverage and Margin

Libertex’s leverage and margin strategy allows traders to establish and hold positions across various financial instruments while promoting risk mitigation. Considering CFD parameters, the company determines the initial margin needed for a trade.

Clients must understand margin needs and can amend margin requirements to reflect market changes or risk management initiatives. Libertex may close holdings, restrict positions, or refuse new ones if margin levels fall below the minimum.

Furthermore, Libertex might intervene in abnormal trading conditions: margin decreases, equity falls, fraud, trading limits, or when margin levels reach stop-out levels.

 

Does Libertex offer negative balance protection for traders?

Yes, Libertex provides negative balance protection to ensure traders do not lose more than their initial investment, protecting them from potential losses exceeding their account balance.

 

How does Libertex handle margin increases during volatile market conditions?

Libertex may intervene during abnormal trading conditions, margin decreases, or equity falls to protect traders’ accounts and maintain a stable trading environment.

 

Libertex Leverage and Margin

 

Libertex Trading Instruments and Products

Libertex offers the following trading instruments and products:

✅ Libertex offers a diverse range of currency pairings, including main, cross, and exotic pairs, ensuring traders access to popular pairs like EUR/USD, GBP/USD, and USD/JPY, facilitating efficient global currency market interaction.

✅ Libertex provides traders with over 50 stock CFDs with high volatility, including US Blue Chips and European and Latin American equities, allowing them to interact with the market on a recognized platform.

✅ Libertex offers a 50% reduction in brokerage costs, making cryptocurrency trading attractive. It allows traders to choose between Bitcoin and various altcoins, making it profitable for digital currency enthusiasts.

✅ Libertex is a website that allows users to trade precious metals like gold and silver and commodities like Brent oil, with market information and projections available for as little as $10.

✅ Libertex offers a variety of stock indexes from American, European, and Asian markets, enabling traders to participate in top-performing stock indexes and global economies.

✅ Libertex offers agricultural CFDs for cautious traders, known for low volatility and predictability, making them suitable for long-term investments with substantial return potential.

✅ Libertex allows traders to trade energy assets like Brent oil, offering predictions and news for informed decision-making, with starting deposits as low as $5, catering to those seeking predictable market moves.

✅ The platform provides a range of ETFs, including Bitcoin, bonds, and various global markets, allowing traders to diversify their portfolios across industries and geographies, such as the BlackRock iShares Bitcoin Trust and iShares Core US Aggregate Bond ETF.

✅Libertex provides bond trading opportunities through ETFs like iShares 20+ Year Treasury Bond ETF and iShares 7-10 Year Treasury Bond ETF, catering to investors seeking safe, long-term investments in government securities.

 

Can I trade cryptocurrency with Libertex?

Yes, Libertex provides cryptocurrency trading, which allows traders to speculate on the price fluctuations of different digital currencies, such as Bitcoin and altcoins.

 

Does Libertex trade soft commodities?

Yes, Libertex trades soft commodities such as agricultural goods, allowing traders to diversify their portfolios with low-volatility assets.

Libertex Trading Instruments and Products

 

Libertex Deposit and Withdrawal Options

🔎 Payment Method🌎 Country🪙 Currencies Accepted⏰ Processing Time
💴 Credit/Debit CardsAllEUR, USD, GBP, CHFInstant – 24 hours
💵 SkrillAllMulti-currencyInstant – 24 hours
💶 NetellerAllMulti-currencyInstant – 24 hours
💷 Bank Wire TransferAllEUR, USD, GBP, CHFInstant – 5 days
💴 TrustlyEuropean UnionMulti-currencyInstant – 24 hours
💵 SofortAllMulti-currencyInstant – 24 hours
💶 iDEALAllMulti-currencyInstant – 24 hours
💷 GiropayAllMulti-currencyInstant – 24 hours
💴 MultibancoAllMulti-currencyInstant – 24 hours

 

Deposit Method:

 

Bank Wire

✅ Access the “Deposit” section of your Libertex account.

✅ Select “Bank Wire Transfer” and review the offered bank information (account number, beneficiary name, etc.).

✅Make a wire transfer via your bank, designating Libertex as the receiver. Allow 2-5 business days for processing.

 

Credit or Debit Card

 

✅ Access the “Deposit” section of your Libertex account.

✅ Choose your desired card type (Visa or MasterCard).

✅ Enter the card’s number, expiration date, CVV code, and desired deposit amount.

✅To confirm the transaction, just follow the on-screen instructions. Deposits are normally quick, but your card provider may charge fees.

e-wallets or Payment Gateways

 

✅ Access the “Deposit” section of your Libertex account.

✅ Choose your favorite e-wallet/gateway (such as Skrill or Neteller).

✅ Enter your e-wallet account information and the deposit amount.

✅Follow the steps to be sent to the e-wallet/gateway platform, where you can finish your transaction. Deposits are normally quick, but the e-wallet/gateway may charge fees.

 

Withdrawal Methods:

 

Bank Wire

✅ Access the “Withdrawal” section of your Libertex account.

✅ Select “Bank Wire Transfer” and provide your bank account details (IBAN, SWIFT/BIC number, etc.).

✅ Please specify the amount you intend to withdraw.

✅Submit a withdrawal request. Libertex will process it within 24 hours, with funds reaching your bank account in 3-5 business days.

 

Credit or Debit Card

✅ Access the “Withdrawal” section of your Libertex account.

✅ Choose your card type and input the withdrawal amount (up to the amount you already placed with the card).

✅Submit a withdrawal request. Libertex will process it within 24 hours, with funds reaching your card in 3-5 business days.

e-wallets or Payment Gateways

✅ Access the “Withdrawal” section of your Libertex account.

✅ Select your favorite e-wallet or gateway.

✅ Enter your e-wallet account information and withdrawal amount.

✅Submit a withdrawal request. Libertex usually handles them within 24 hours.

 

Can I make a withdrawal from my Libertex account at any time?

Yes, Libertex enables traders to withdraw funds from their accounts anytime, giving them more freedom and control over their finances.

 

Does Libertex accept cryptocurrency deposits and withdrawals?

No, Libertex does not accept cryptocurrency deposits or withdrawals.

Libertex Deposit and Withdrawal Options

 

Libertex Educational Resources

Libertex offers the following educational resources:

✅ Libertex’s blog is a significant resource for traders looking for current information, market analysis, and insights into trading methods.

✅ The Frequently Asked Questions (FAQ) part of Libertex’s website is a comprehensive resource intended to answer the most frequent questions that traders may have.

✅Libertex offers a comprehensive training package for traders, including organized classes on fundamental trading and advanced strategies, as part of an award-winning investment school course covering market analysis and strategy building.

 

What educational resources does Libertex offer for novice traders?

Libertex provides a comprehensive training package, including organized classes on fundamental trading and advanced strategies, as part of its award-winning investment school course.

 

Can I access Libertex’s educational resources for free?

Yes, Libertex provides its educational resources free of charge to its clients, enabling traders to enhance their trading knowledge and skills without additional costs.

Libertex Educational Resources

 

Libertex Pros and Cons

✔️ Pros❌ Cons
Libertex offers a wide range of trading options, including Forex, equities, commodities, indices, ETFs, and cryptocurrenciesIf your account has been idle for 180 days with no trades, deposits, or withdrawals, you will be charged an inactivity fee
Supports several languages, ensuring that help is accessible around the clock during business daysClaims to hold CySEC regulation, but the regulatory entity’s register does not prove this
Libertex's spreads are often narrow, and the $10 minimum deposit requirement makes it accessible to traders with minimal capitalCompared to certain rivals, this may not meet the expectations of experienced traders looking for in-depth study and analysis
Provides several handy choices, such as bank transfers, credit/debit cards, and several e-walletsSome users report unexpected costs, so carefully read the terms and conditions
Libertex provides training resources and market news to help traders progressLibertex services are not available in some locations, including the United States, Canada, and Japan, due to regulatory restrictions
A virtual funds demo account allows you to practice trading methods and get comfortable with the platform and markets without riskSome traders have expressed unhappiness with customer service, withdrawal troubles, or trading circumstances

 

In Conclusion

Our findings show that Libertex is a popular Forex and CFD broker with various trading products, user-friendly interfaces, and minimal minimum deposit requirements. It offers a demo account and instructional tools for practice and skill improvement.

However, per our research, Libertex lacks verifiable licenses, raises questions about its legitimacy, and faces allegations of unanticipated charges, withdrawal issues, and restricted availability.

However, despite these issues, we can conclude that Libertex remains a viable option for traders seeking variety and convenience, but caution is advised before committing.

Our Review Methodology:  For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements.  Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

Addendum/Disclosure: No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

Faq

Yes, Libertex’s user-friendly platforms and instructional tools are ideal for novices.

Withdrawal processing times at Libertex vary based on the method used, with bank wire transfers taking 3-5 business days on average

Libertex maintains a minimal $10 minimum deposit requirement, making it accessible to traders with small amounts of capital looking to enter the market

Yes, Libertex establishes maximum leverage restrictions based on the financial instrument being traded, with certain assets enabling leverage up to 1:1000 and others having lower limitations.

It might be. However, while Libertex takes precautions to secure client data and funds, its absence of proven regulatory licenses raises worries about its safety as a broker

Libertex allows traders to trade various products, including forex, equities, cryptocurrencies, commodities, indices, ETFs, and bonds.

Libertex’s primary revenue streams are spreads (the difference between asset bid and ask prices) and, in certain cases, fees on specific instruments. Furthermore, Libertex imposes other fees like inactivity fees.

Libertex is headquartered in Cyprus.

Yes, you can. CFDs are sophisticated and leveraged so that losses might surpass your investment. However, Libertex provides risk management tools such as stop-loss orders and negative balance protection.

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