Libertex Review – Online Platforms, Commission, Leverage, Account Types, Features & more

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

First 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.

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 Platform	MT4
  Desktop Platform – Windows	Yes
  Desktop Platform – Mac	Yes
  Desktop Browser Platform	Yes
  Mobile Site Platform	Yes
  Android App Platform	Yes
  iOS App Platform	Yes
  Windows App Platform	No
  Other Mobile OS Platform	No
  Real-time Updates	Yes
  Portfolio Details	Yes
  Research Reports	Yes
  Global Indices	Yes
  Personalized Advisory	Yes
  Interactive Charts	Yes
  Live Markets	Yes
  Multi-Account Management	Yes
  Trading Platform Supported Languages	Dutch, 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.

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.

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:

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 Trading	Yes
  Commodities Trading	Yes
  Indices Trading	Yes
  Stocks Trading	Yes
  Cryptocurrency Trading	Yes
  ETF’s Trading	Yes
  Bonds Trading	Yes
  FUTURES Trading	Yes
  OPTIONS Trading	Yes
  Supported Cryptocoins	NA
  Total Tradable Assets	213
  Number Of Currency Pairs	NA
  Number Of Cryptocurrencies	NA
  Number Of Stocks	NA
  Number Of Indices	NA
  Number Of Commodities	NA
  Number Of Futures	NA
  Number Of Options	NA
  Number Of Bonds	NA
  Number Of ETFs	NA

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
  Charges	Free

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 Courses	Yes
  Free Demo Account	Yes
  Discount on Brokerage	Yes
  Flexible Brokerage Plans	Yes
  Referral Offers	Yes
  Forex Trading Contest	No
  Trading Bonuses & Rewards	No

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.

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 Services	Yes
  Social Trading / Copy Trading	Yes
  Trading Signals	Yes
  Email Alerts	Yes
  Guaranteed Stop Loss	Yes
  Guaranteed Limit Orders	Yes
  Guaranteed Fills / Liquidity	Yes
  OCO Orders	No
  Trailing SP/TP	Yes
  Automated Trading	Yes
  API Trading	No
  VPS Services	No
  Trading From Chart	No
  Interest On Margin	No
  Offers Hedging	Yes
  Offers Promotions	No
  One-Click Trading	Yes
  Expert Advisors	Yes
  Other Trading Features	No

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.

Libertex Trading Account Features

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

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:

iForex – Research & Advisory

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

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 Dealer	No
  Support During Weekends	No
  Online Trading	Yes
  24*7 Support	Yes
  Email Support	Yes
  Live Chat Support	Yes
  Customer Support Languages	Dutch, 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 by Top10StockBroker

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

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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