Libertex is one of the reputed companies specialized in the online forex and CFD trading.

Based in Limassol, Cyprus, the company has reached astounding heights in a short span. The company is offering a wide range of financial assets for trading using incredible trading platforms.

The maximum leverage is decent, and the company is reliable with all the services they are providing.

So, in this article, we will first learn more about the company and its service offerings and then know about the fee structure.

Of course, we will take a close look at the way the trading platforms work. Finally, we will discuss the pros and cons before giving our final thought about the company.


About Libertex & Accepted Countries

Libertex Forex BrokerFirst of all, Libertex is a brand under the arm of Indication Investments Limited. That company itself is an integral part of the Forex Club Group.

Libertex is not a new name in this industry. In fact, they are in operation for more than two decades; 1997 to be precise.

Therefore, they are a global brand today which has its significant presence in 11 distinct countries and serve over 2.2 million clients.

The company offers over 200 assets for you to trade for and has won several awards which adds to the fact that you can trust this company.

It is among the fewest forex brokers who don’t charge spreads; only commissions. So, it creates a lot of room to earn more.

Founder / CEOMichael Geiger
Established Year1997
Publicly TradedYes
Total Employees0-50
RegulationsCySEC
HeadquarterCyprus

On the security aspect, the company has covered almost everything. The trading platforms are proprietary, so the data leaking chance is next to nil, and the primary regulator is trustworthy too – CySec.

If you live in either of the countries like Thailand, the United Kingdom, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, and Qatar, you can definitely deal with Libertex.

Now, if you are not among these countries, we suggest you ask the support team whether or not you are eligible to trade will Libertex.


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    Libertex Trading Platforms

    In today’s age, every trader looks forward to the trading platforms a company is offering. So, it makes sense to stay up to date with technological advancements.

    Libertex, therefore, provides a robust trading platform that you can access from any web browser.

    You don’t need to download and install any setup file. All you need is an internet connection. Of course, there is also a mobile app version which we will discuss later.

    Now, let us discuss some of the preliminary features the platform is offering:

    • The first thing that you will notice is the smooth navigation and clean UI design. All the necessary elements to process an order or to watch over a particular asset are just a mouse click away.
    • The platform is heavily inspired by the MT4 trading platform, which many believe to be the best in the market. It is an honest effort to make those professional traders feel comfortable while trading. As a matter of fact, if any trader wishes to use MT4 as their primary platform, Libertex’s proprietary platform allows that to happen as well. Sadly, the integration is only with MT4; no support for MT5 as of now.
    • As a proprietary trading platform, the security level is top-notch. As good as MT4, MT5, or other popular trading platforms are, they are all 3rd-party applications. So, you need to share your information with another company as well. Now, while such is not the case with Libertex, chances are you are more secure.
      Trading PlatformMT4
      Desktop Platform – WindowsYes
      Desktop Platform – MacYes
      Desktop Browser PlatformYes
      Mobile Site PlatformYes
      Android App PlatformYes
      iOS App PlatformYes
      Windows App PlatformNo
      Other Mobile OS PlatformNo
      Real-time UpdatesYes
      Portfolio DetailsYes
      Research ReportsYes
      Global IndicesYes
      Personalized AdvisoryYes
      Interactive ChartsYes
      Live MarketsYes
      Multi-Account ManagementYes
      Trading Platform Supported LanguagesDutch, English, French, German, Italian, Polish, Portuguese, Russian, Spanish, Turkish

    Libertex Mobile App

    Today, people love to access and trade on the go. So, a mobile version trading platform is almost a mandatory requirement that a trader always seeks.

    Libertex responded to that and built a powerful mobile app, packed with all the functionalities, which the web browser version delivers.

    So, let us take an overview with the following points:

    • The app is available for both iOS and Android users. So, you can go to the respective stores to get it, or you can download it from the official broker’s site.
    • If you check out the ratings that the users provided, you will have an idea of its capabilities and reliability.
    • The app is easy to access and user-friendly. So, you will get what you want without breaking a sweat. Now, that will make placing an order, pre-ordering, putting a stop-loss, and other essential factors easy to make.
    • You will get plenty of technical analyses for free. If you need assistance or guidance, there are recommendations and trading signals to help you out.
    • You can switch from a demo account to a real-time account in seconds by tapping one button on your screen.
    • The fund deposits are quicker and easier, with tons of options to choose from.

    Check out Mobile Apps of more Forex Brokers


    Libertex Commission or Brokerage or Fees

    As mentioned in the summary, Libertex doesn’t charge spreads like most forex trading companies. They deal in Commissions, instead.

    Meanwhile, the Commissions can be different from one asset to another; they can also vary from one trade to another.

    Now, the average commission for a popular pair like EUR/USD can be 0.008%, whereas the Cryptocurrency pairs vary between 0.47% to 2.5%.

    If you deal in Stocks, the commission for the company can be between 0.1% and 0.2%. What we suggest is, you take a look at the terms properly and then decide.

    Clarify every doubt, if occur with the support team. One very exciting part of joining Libertex is that the company doesn’t charge any account opening fee.

    Neither there is any AMC or other hidden costs.

    Commission on tradesYes
    Fixed spreadsNo

    Libertex Exposure or Leverage

    The maximum leverage that the company typically provides is up to 1:600. Now, it also depends on that particular trade, the account type, and tons of other variable factors.

    We, therefore, suggest you talk to the support team to get detailed information for that particular trade you are about to make.

    Maximum LeverageUp to 1:600

    Payment Methods provided by Libertex

    One of the significant reasons why Libertex is so lovable among the traders is for the flexibility the company offers while you try to deposit or withdraw funds.

    Meanwhile, please take a look at what options the company is providing as the modes of transaction:

    DepositWithdraw
    Bank transfer (up to 1 business day)Bank transfer (up to 1 business day)
    Debit/Credit Card (Instant)Debit/Credit Card
    Skrill(Instant)Skrill
    Neteller(Instant)Neteller
    Sofort(Instant)Multibanco
    Trustly(Instant)P24
    GiroPay(Instant)Rapid Transfer
    iDEAL(Instant)
    Multibanco(Instant)
    P24(Instant)
    Rapid Transfer(Instant)

    We suggest you take a look at these terms as well

    • £10 is the minimum amount you need to pay as deposits before trading.
    • If you use either of the payment modes – Sofort, Trustly, Multibanco, GiroPay, and iDEAL to deposit funds, you must make sure you use other modes to withdraw your funds, as these gateways don’t support withdrawal.
    • Some of the deposit modes of payment may include a fee which is roughly up to £1.

    Find out Payment Methods provided by other Forex Brokers


    Investment in Asset Classes or Markets by Livertex

    Libertex is, primarily, a forex and CFD broker. Now, over the years, they have expanded their business operations in various other financial assets as well.

    So, let us take a look at those:

    • You can deal in up to 49 currency pairs.
    • There are roughly 100 leading stocks that you can invest in.
    • Modern-day traders should be happy as they can trade in 41 distinct cryptocurrencies.
    • Precious metal trading is available too – up to 5 metals.
    • You can choose among 18 indices to trade for.
    • There are 6 agricultural assets available for trading.
    • You can also deal with 5 different oil/gas instruments.
    • Finally, there are 10 ETFs in the offering.
      Currencies TradingYes
      Commodities TradingYes
      Indices TradingYes
      Stocks TradingYes
      Cryptocurrency TradingYes
      ETF’s TradingYes
      Bonds TradingYes
      FUTURES TradingYes
      OPTIONS TradingYes
      Supported CryptocoinsNA
      Total Tradable Assets213
      Number Of Currency PairsNA
      Number Of CryptocurrenciesNA
      Number Of StocksNA
      Number Of IndicesNA
      Number Of CommoditiesNA
      Number Of FuturesNA
      Number Of OptionsNA
      Number Of BondsNA
      Number Of ETFsNA

    Livertex Virtual Trading Account or Demo Account

    Libertex provides one of the best Demo trading platforms in the market right now. The idea is to let the traders be that a pro or a rookie, understand how the trading platform works.

    Also, it will let you practice and be good at trading. Now, the following reasons make this platform unique:

    • The company offers up to £50,000 virtual money to spend, which is way better than most companies.
    • A new trader can practically learn how to trade in the first place, and of course, be comfortable using the platform.
    • All the features and functionalities that a regular account has, this platform has got those too. So, it is a real-time situation practice without eventually taking the risk.
    • Once you are confident to trade in real-time, you can switch over to a real-time account in just one click. So, you can quickly take advantage of any particular situation, if it arises.
      Virtual Money$ 10000
      ChargesFree

    Libertex Offers or Deals

    Take a look at the incentives, bonuses, and promotions that Libertex is offering:

    • If you join Libertex, you will receive a compensation bonus of 100% after you make your first deposit. The minimum deposit, however, is $100.
    • You can be eligible for a $10,000 bonus amount. You can get this offer every time you deposit $100 or more.
    • With Libertex You can also gain status levels. Also, you can do so simply by depositing funds.
    • We suggest you talk to the company representative before jumping on to any offers or promotions.
      Free Learning CoursesYes
      Free Demo AccountYes
      Discount on BrokerageYes
      Flexible Brokerage PlansYes
      Referral OffersYes
      Forex Trading ContestNo
      Trading Bonuses & RewardsNo

    Libertex Regulation or Licensing

    The institution that regulates Libertex is the Cyprus Securities & Exchange Commission (CySEC).

    It is first and foremost, a government authority that audits the financial services of a company to maintain a fair trading environment.

    RegulationsCySEC

    Find out Regulations & Licensing of more Forex Brokers


    Libertex Features

    When it comes to company features, Libertex has an abundant supply. Let us take a look at some of the notable ones:

    • You can choose from 8 volatility indicators, 13 oscillators, 43 indicators, 9 timeframes, and 22 trend indicators.
    • For every instrument, you can get live quotes by using the Order Management feature available in the trading platform.
    • You can customize your favorite list any time you wish to.
    • If you want to keep track of the market trend minutely, there is a Live Trades section, where you will get all the trading activities of other traders.
      Educational ServicesYes
      Social Trading / Copy TradingYes
      Trading SignalsYes
      Email AlertsYes
      Guaranteed Stop LossYes
      Guaranteed Limit OrdersYes
      Guaranteed Fills / LiquidityYes
      OCO OrdersNo
      Trailing SP/TPYes
      Automated TradingYes
      API TradingNo
      VPS ServicesNo
      Trading From ChartNo
      Interest On MarginNo
      Offers HedgingYes
      Offers PromotionsNo
      One-Click TradingYes
      Expert AdvisorsYes
      Other Trading FeaturesNo

    Libertex Account Types

    One of the interesting concepts of Libertex is they don’t provide any account type. There is a Demo account and a Real-time account.

    However, there are some additional layers with the accounts. You can avail of certain benefits after getting the following membership statuses:

    Gold Status: The fee to avail of this account is £250, which is a one-time cost. You can get a commission discount of 3%.

    Gold Plus Status: You need to pay £1,450 to become a member where you will get a commission discount of 4%.

    Platinum Status: The fee is £1,500 to become a member. Apart from a 20% commission discount, they will also get access to priority withdrawals.

    VIP Status: You will get a 30% commission discount, with priority withdrawals and premium customer support. However, the registration fee is £5,000.

    Account TypeLibertex
    Initial Deposit$10
    Spreadfrom 0.00003
    Commissionfrom 0%
    Leverage1;999

    Libertex Trading Account Features

    Check below all the trading account features under various account types:

    Trading Desk TypeMarket Maker, No dealing desk
    Min Deposit$100
    Maximum LeverageUp to 1:600
    Mini AccountNo
    Premium AccountYes
    DEMO ACCOUNTYes
    Islamic AccountNo
    Segregated AccountNo
    Managed AccountNo
    Institutional AccountYes
    Suitable for beginnersYes
    Suitable for professionalsYes
    Suitable for scalpingYes
    Suitable for daily tradingYes
    Suitable for Weekly tradingYes
    Suitable for swing tradingNo

    Libertex – Research & Advisory

    Find below all the different reports and support provided by its Research & Advisory team :

    iForex Trading Account Features

    Check below all the trading account features under various account types:

    Trading Desk TypeDealing Desk
    Min Deposit$100
    Maximum Leverage1:30
    Mini AccountYes
    Premium AccountYes
    DEMO ACCOUNTYes
    Islamic AccountNo
    Segregated AccountNo
    Managed AccountNo
    Institutional AccountYes
    Suitable for beginnersYes
    Suitable for professionalsYes
    Suitable for scalpingYes
    Suitable for daily tradingYes
    Suitable for Weekly tradingYes
    Suitable for swing tradingYes

    iForex – Research & Advisory

    Find below all the different reports and support provided by its Research & Advisory team :

    Fundamental ReportsYes
    Research ReportsYes
    Company ReportsYes
    Daily Market CommentaryYes
    News (Top-Tier Sources)Yes
    Delko’s ResearchNo
    Top PicksYes
    AutochartistNo
    Acuity TradingNo
    Company Stock ReviewYes
    Free Stock TipsYes
    WebinarsYes
    Video EducationYes
    Economic CalendarYes
    Offline AdvisoryYes
    Relationship ManagerYes

    Libertex Benefits

    Take a look at the potential reasons to join Libertex:

    • The trading platforms are user-friendly.
    • You can place orders with ease.
    • There are tons of technical analysis tools that you can use.
    • You can switch from a Demo account to a Real account instantly.
    • The withdrawals are fast and easy.
    • You will get decent trading signals and recommendations.
    • You can utilize Live Quotes.
    • There are 200+ instruments in the offering.
    • Robust customer support.
    • Safe regulator to deal with.
    • 23 years of trading experience.

    Libertex Cons or Drawbacks

    It is time to take a look at some loopholes of the company:

    • Yes, MT4 is integrated into the platform, but you will not get any support for that. Neither the support is available for MT5.
    • The company charges a fee while you try to deposit funds. Not applicable for every mode of payment, though.

    Libertex Trading Hours

    The support from Libertex is open 24/7. However, the actual Trading Hours are what you should look for.

    So, while you will get support anytime from Libertex, you can’t trade anytime. So, we suggest you follow the particular market’s trading hours, instead.


    Libertex Customer Care or Contact Details

    You can get customer care support in 11 different languages from anywhere in the world. Take a look at the modes of communication below:

    • Phone: +35722 025100
    • Twitter: twitter.com/libertex_europe
    • Email: help@libertex.com
    • Facebook: facebook.com/libertex
      Dedicated DealerNo
      Support During WeekendsNo
      Online TradingYes
      24*7 SupportYes
      Email SupportYes
      Live Chat SupportYes
      Customer Support LanguagesDutch, English, French, German, Greek, Italian, Polish, Russian, Spanish

    Libertex Safety & Security

    Libertex takes the security aspect very seriously. That is why the regulator is Cyprus Securities & Exchange Commission legislation.

    Apart from that, the company contributes to the Investor Compensation Fund (ICF). So, in case there is an insolvency issue, the ICF covers up to £20,000 deposit money.

    Now, platform security is robust with 128-bit SSL encryption.


    Libertex Rating & Review

    Based on the user experience, the following rating and reviews are provided.

    User Experience7.5 / 10
    Products & Services7.8 / 10
    Brokerage Charges & Fees8.1 / 10
    Research & Advisory7.2 / 10
    Trading Platforms7.1 / 10
    Overall Ratings7.6/ 10
    Star Ratings★★★☆☆
    Total Client Reviews76

    Libertex Forex Trading – Conclusion or Verdict

    Libertex is a company that has enormous experience in online trading. The company is trustworthy and capable of delivering quality services.

    Their 2.2 million client base is the best evidence of their success over the years. So, we highly recommend this company.


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