Libertex Overview
| Website | libertex.com |
| Year Founded | 1997 |
| Countries of Registration | Saint Vincent and the Grenadines, Belarus, Cyprus |
| Website Languages | English, German, French, Italian, Dutch, Polish, Portuguese, Spanish, Traditional Chinese, Thai, Russian |
| Regulators | SVGFSA, NBRB, CySEC |
| Broker Type | MM |
| Dealing | B-book |
| Minimum Deposit | $100 |
| Account Currencies | USD |
| Spread | low |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Libertex |
| Trading Assets | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies |
Brief look at Libertex
Libertex is a well-established online Forex and CFD broker that has been serving traders since its inception in 1997. Libertex is regulated by reputable authorities such as the Cyprus Securities and Exchange Commission (CySEC), ensuring a secure trading environment. The broker offers a user-friendly trading platform available on both desktop and mobile devices, catering to traders of all experience levels. Libertex provides access to a wide range of financial instruments, including Forex, commodities, indices, cryptocurrencies, and stocks, allowing for diversified trading opportunities. Additionally, Libertex is known for its competitive spreads, educational resources, and responsive customer support, making it a popular choice among both novice and seasoned traders.
Pros
- Licensed by CySEC, ensuring adherence to strict regulatory standards and providing a safe trading environment
- Intuitive trading platform available on desktop and mobile, suitable for both beginners and experienced traders
- Access to over 200 financial instruments, including Forex, commodities, indices, cryptocurrencies, and stocks
- Offers competitive spreads on major currency pairs and other instruments, enhancing trading profitability
- Comprehensive educational materials, including webinars, tutorials, and articles to help traders improve their skills
- Provides a free demo account for traders to practice and test strategies without risking real money
- Efficient customer service available through multiple channels, including live chat, email, and phone
- Generally swift processing of withdrawal requests, ensuring traders have timely access to their funds
- Supports a variety of deposit and withdrawal options, including credit/debit cards, e-wallets, and bank transfers
Cons
- Not available in all countries, limiting access for potential traders in certain regions
- Fewer account variations compared to some competitors, which might restrict flexibility for diverse trading needs
- May charge fees for inactive accounts, which can be a drawback for occasional traders
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Libertex Reviews
Libertex provides an excellent demo account that allowed me to practice trading without any risk. The sign up process was straightforward, and the minimum deposit requirement is very reasonable. I particularly appreciate the variety of account types available and the seamless login experience. The MT5 platform runs smoothly, and the app is highly functional for trading on the go. Withdrawal time is quick, and the competitive spreads make forex trading profitable. Additionally, the bonus and rebate programs, along with the FxClub membership, offer great incentives for active traders.
1/25/2024My experience with Libertex has been positive overall. The broker offers a user-friendly app and a robust MT4 platform, which I use for my trading activities. Signing up was easy, and the minimum deposit is accessible for beginners. The demo account was instrumental in honing my trading strategies. Withdrawal times are generally fast, and the spreads are competitive. I also like the leverage options available, though I wish there were more bonus offers and integration with Forex Club features to enhance trading rewards.
2/10/2024Libertex is a reliable broker with a comprehensive range of trading tools. The account types cater to different trading styles, and the sign up process was hassle-free. I found the MT5 platform to be powerful and versatile, and downloading the app was quick and easy. The demo account is a great feature for testing strategies. Withdrawal time is efficient, and the spreads on forex pairs are competitive. The leverage options are flexible, although I would like to see more rebate programs and collaborations with FxClub for additional benefits.
3/8/2024While Libertex offers a solid trading experience with both MT4 and MT5 platforms, I encountered some delays with withdrawals which was disappointing. The minimum deposit is fair, and the demo account is useful for beginners. The app is user-friendly, and the variety of account types is commendable. However, the spreads could be more competitive, and I was hoping for more attractive bonus options and integration with Forex Club features. Overall, it's a decent broker but has room for improvement in certain areas.
4/12/2024I have been trading with Libertex for several months now and have mostly positive experiences. The broker offers a smooth sign up process and a reasonable minimum deposit. The MT5 platform is excellent for advanced trading, and the app is very convenient for trading on the move. Withdrawal times are generally quick, and the spreads are competitive for forex trading. The demo account was invaluable when I was starting out, and the leverage options provide flexibility for different trading strategies. Additionally, the bonus and rebate programs, along with access to FxClub, enhance the overall trading experience. A bit more variety in bonuses and rebates would make the experience even better.
5/20/2024Leave a Review
Is Libertex regulated?
| Companies | Forex Club International LLC, Forex Club Financial Company LLC, Indication Investments Ltd. |
| Countries | Saint Vincent and the Grenadines, Belarus, Cyprus |
| Regulators | SVGFSA, NBRB, CySEC |
| Investor Protection | Investor Compensation Fund (ICF) |
| Investor Protection Size | €20 000 |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
Libertex Account Types
| Property | CFD |
|---|---|
| Deposit | $20 |
| Lot Size | $10 |
| Spread Type | Floating |
| Execution | Market |
| Min Spread | 0.3 pips |
| Fee | No |
| Max Leverage | 1:999 |
| Stop Out | 50% |
| Margin Call | 100% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Libertex Funding and Fees
| Base currencies | USD |
| Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Jeton, WebMoney, VLoad, Bitcoin (BTC), Ethereum (ETH), Tether (USDT) |
| Inactivity fee | $10 per month after 3 months |
| Interest on margin | |
| Withdrawal Fee |
Libertex Trading Platforms and Conditions
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Libertex |
| Execution Speed | 0 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | low |
Libertex Trading Assets
| Currencies | 51 |
| Indices | 36 |
| Stocks | 139 |
| Cryptocurrencies | 79 |
| Bonds | 3 |
| Metals | 5 |
| Energies | 6 |
| Soft Commodities | 6 |
| ETFs | 10 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Broker Bonuses
| Bonus Type | Size | Details |
|---|---|---|
| Welcome Bonus | 100%, up to $10,000 | Learn More |
Libertex Support
| [email protected] | |
| Phone | +447456417828 |
| YouTube | YouTube |
Libertex vs Competitors
| Features | Libertex | eToro | AMarkets | RoboForex | XM | HFM |
|---|---|---|---|---|---|---|
| Type | MM | MM | ECN, STP | MM, STP, ECN | MM | MM, STP |
| Minimum Deposit | $100 | $200 | $100 | $10 | $5 | $1 |
| Regulators | SVGFSA, NBRB, CySEC | SFSA, FCA, CySEC, ASIC, SEC | FSC, MISA, SVGFSA | BFSC | BFSC, CySEC, ASIC, DFSA | SVGFSA, FSCA, SFSA, CySEC, FCA, DFSA, CMA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Libertex | eToro | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | low | high | low | low | low | average |
| Leverage | 1:1000 | 1:30 | 1:3000 | 1:2000 | 1:1000 | 1:2000 |
| Assets | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, Cryptocurrencies, Bonds, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities |
