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General Information
Broker Name:Libertex
Broker Type:forex
Country:Cyprus
Operating since year:1997
Regulation:CySEC
Broker status:Active, Regulated
Customer Service
Phone:+357 22 025 100
Email:[email protected]
Languages:German, English, French, Portuguese, Spanish, Italian, Polish.
Availability:24/7
Address: Iacovou Tompazi 1, Vashiotis Business Center, 1st Floor Office 101, Neapoli 3107, Limassol, Cyprus.
Trading
Trading platforms:MT4, Proprietary
The Trading platform Time zone:N/A
Demo account:YES
Mobile trading:YES
Web-based trading:YES
Bonuses:N/A
Other trading instruments:N/A
Account
Minimum deposit:EUR 10 (EUR 100 for first time deposit)
Maximal leverage:1:600
Spread:NO
Scalping allowed:N/A

Libertex Review – More Than 20 Years of Experience

Searching for the right broker may seem easy since the trading market is full of opportunities and offerings. In fact, making the right decision, and choosing the broker company that suits you and your trading needs, is quite tricky. Our Libertex review will provide you with all the information you need to make the right decision.

If you’ve been wandering around the web for quite some time, confused and curious, then you’ve come to the right place. Our team at FinanceBrokerage.com works day and night tirelessly searching for the brokers and gathering information about them so that you do not have to lose your time.  In our review, we’ll go through all the aspects of Libertex, starting with general information, explaining its trading platform, instruments, and the variety of accounts it offers. We’ll dive into the details so that you will not have to.

Without further ado, let us begin!

trade your broker for libertex

General Information

Libertex boasts a long history as it was founded in 1997. Since then, it’s operated as a prominent and well-respected online trading service provider. In this time, it gained up to 2.9 million customers worldwide in more than 120 different countries. The broker operates from Cyprus and is under the local regulator CySEC, one of the strictest financial regulators worldwide.

Moreover, the fx broker offers to trade on more than 250 financial CFD instruments covering commodities, stocks, indices, ETFs, and cryptocurrencies on the web and mobile trading platform. That means it can welcome a wide range of customers and isn’t a one-trick pony. Some brokers shut their doors to specific customer groups right away, crippling their potential in the process. Libertex does the exact opposite in ensuring that anyone who decides to check out the service will find something for themselves.

So with the strong first impression, we’re quite eager to continue our inspection of the broker. To do that, we’d first like to present some of the broker’s features we enjoyed the most. So here are the things that make users want to sign up for a Libertex account:

 

  • Experience

Experience can be a double-edged blade, and its usefulness hinges on how well a broker utilizes it. As for Libertex, it’s undoubtedly in the group that’s used the knowledge it’s amassed to improve its service. The broker provides the best features from the vintage online trading world, such as affordable luxury features, while remaining fresh. It treats each customer as important despite its status as a long-standing and prominent brokerage. However, it also managed to stay on top of new trading trends, meaning the broker has the best of both worlds.

  • Comprehensiveness

Many experienced brokerages start neglecting a vital part of their service after they achieve their desired success. The section we’re talking about is the new trader experience. Libertex, despite being an online trading titan, ensures that new traders can join and have a positive experience. It achieves that by employing many different methods, one of the most important being a potent educational experience. On top of that, there are also demo accounts that novices can use to practice and pointers on the broker’s website, emphasising “hot” asset classes.

  • Luxury

Some brokers that aim to provide a positive experience for beginners make the mistake of forgetting experienced customers. However, Libertex manages to create a mixture of factors that can satisfy both groups. Namely, it has luxury features that are quite affordable and caters to high-deposit traders with massive discounts, premium support, and other service-boosting features. On top of that, the broker’s age and meaningful connections in the business world (such as the sponsorships we mentioned earlier in our Libertex review) deem it a luxurious company by default.

 

Libertex and Sport Sponsorships

Sports have always been in the centre of the attention of millions. Trading Market is no exception, as brokers are very active in sports sponsorships.

The broker is also a Sponsor and official trading partner of English Premier League and Spanish LaLiga top clubs Tottenham Hotspur and Valencia CF. Sports clubs and brokers have recently started cooperating more closely, and we’re always glad to see such deals. They tell us that the clubs, which are themselves institutions that garner quite a global respect, trust the brokers. They wouldn’t risk cooperating with a firm that was less than stellar, as that’d be counterproductive, damaging their own reputations. As such, things look well for the broker from the very start, with an impactful first impression.

Libertex.com Review: Regulation and Client Security

Libertex is regulated by a European regulator – CySEC. Thus, it adheres to strict client safety protocols such as the segregation of client funds and providing a negative balance protection policy.

If you’ve never heard about regulatory authorities and especially The Cyprus Securities and Exchange Commission, then let us inform you that CySEC is quite a big deal. It is an independent public regulatory authority responsible for supervising the investment services and brokerages on the market. Furthermore, CySEC’s mission is to ensure investor protection and the healthy development of the trading market. Only valid companies can afford to take the Cyprus securities and exchange commission CySEC as their watchdog.

You can feel safe. Libertex is not a scam, and the broker is very well regulated.

Tradable Products and Account Opening

Libertex.com offers both retail and professional trading accounts to trade currencies, indices, stocks, commodities, ETFs, and cryptocurrencies. The broker provides traders to buy and sell on 250 CFD instruments.  However, please take note for yourself and remember that trading costs such as commissions and swap rates vary; the main reason is that it depends on the different instruments being traded and platforms used, such as the MT4 or proprietary platform.

The account opening process with Libertex is quite simple.  You can start either with the demo account to practice a little bit or hop on to the higher-level account; it is up to you. Each Libertex account type provides different benefits, discounts, and features.

libertex

Here are the minimum deposits of the status accounts:

  •  Gold level’s minimum deposit — 250 EUR
  •  Gold Plus level’s minimum deposit -1 450 EUR
  •  Platinum level’s minimum deposit  – 1 500 EUR
  •  VIP level’s minimum deposit  – 5 000 EUR
  •  VIP+ level’s minimum deposit — 50 000 EUR

Naturally, each of these deposit levels comes with certain advantages over the previous ones. That creates a loyalty reward system, even if that’s not what it’s explicitly called. The account structure improves the experience of traders that use the Libertex trading app often, and here are some of the advantages you can get:

  •  Gold – 3% Commission discount, Online chat with customer service
  •  Gold Plus – 4% Commission discount, Online chat with customer service
  •  Platinum – 20% Commission discount, Priority withdrawals
  •  VIP – 30% Commission discount, Premium support
  •  VIP+ – 50% Commission discount, Premium support

One of the reasons we know Libertex is not a scam is that in case you want to go professional, you will have to meet three main criteria:

  1. You need experience in the financial services sector – meaning that you have to have at least one year in a professional trading or investment position.
  2. Sufficient trading activity in the last 12 months – which means that you have performed an average of at least ten transactions per quarter.
  3. Financial instrument portfolio of over EUR 500 000, which includes financial instruments and cash savings.

Also, Libertex allows Professional Clients to enjoy a lower level of protection as compared to Retail Clients. Libertex Pro account clients will not be subject to the new European leverage restrictions.

Libertex Reviews: Commissions and Spreads

As we’ve mentioned above in our Libertex.com review, trading costs with the broker vary depending on your account status level. Moreover, larger funded accounts have a much higher status level with more significant discounts on spreads and commissions.

  • Gold level – trading commission discount of 3%
  • Gold Plus level – trading commission discount of 4%
  • Platinum level – trading commission discount of 20%
  • VIP level – trading commission discount of 30%

Also, commissions vary depending on whether clients trade on the MT4 trading platform or the Libertex proprietary trading platform. Please take note and remember that, in case your account is inactive for 120 calendar days, you’ll be charged 10 EUR per month. However, there is good news, as Libertex is one of the few brokers that still offers spread-free trading.

Libertex Review: Payment Methods and Withdrawals

Libertex offers quick and simple deposit and withdrawal methods. The variety is quite wide. You can choose whichever you like, such as credit and debit cards, bank wire transfer, Skrill, Sofort, Neteller, GiroPay, iDeal, Rapid Transfer, Trustly, P24, Neosurf, Teleingreso, etc. Moreover, you can use PayPal as a payment method too.  Also, deposits and withdrawals can easily take place from the Libertex trading app.

deposit and withdrawal
There is a variety of deposit and withdrawal methods available at Libertex.

Libertex clients can withdraw funds through a variety of ways with different commission amounts.  For example, Skrill is commission-free, Neteller’s fee is 1%, while credit and debit cards take 1 EUR fee, etc.

Trading Platforms

Working with a broker without a well-managed trading platform is unimaginable. Therefore, Libertex seized the opportunity and created an environment that offers two trading platforms: the globally recognized MetaTrader 4 trading platform.

libertex metatrader 4
Metatrader 4 (MT4) Trading

Advantages of MT4 platform:

  • It offers more than 43 currency pairs and 100+ trading tools.
  • Flexible management with trailing stop on trading position closing.
  • The client’s orders don’t need a dealing desk (NDD).
  • The MetaTrader platform allows traders to trade simultaneously from several accounts.

Pros of trading with Libertex Web:

  • Quick management of your capital
  • Simple and convenient
  • The minimum trade volume of 100 EUR
  • Multiple chart types and timeframes
  • Access to 250+ instruments
  • Trading with zero spreads
libertex: mobile access to financial markets
Liberetex outlines the ease and flexibility of using its mobile platform.

Mobile Trading Platform

Overall, the Libertex mobile trading app is no different from the Libertex proprietary platform. It basically provides the same features as its web version with access to multiple asset classes. Additionally, it is 100% compatible with Android and iOS systems and available through the App Store, Google Play & HUAWEI AppGallery. Clients can find the download links for the app on the broker’s website.

 

Libertex Reviews: Trading Education and Research

Libertex.com provides access to educational resources, including educational blogs and webinars that cover a wide variety of topics. We found over 50 lessons that traders and especially beginners can watch online. Libertex provides access to live market analysis webinars, market news, and trading ideas as a research tool.

learn practice tarde .

Libertex: Client Support

The fx broker offers customer support that you can reach, in case of questions or other issues, from Monday to Friday 8 am to 8 pm Central European Standard time. You can reach support through either their Live Chat, E-mail, or telephone number.

  • Address: Iacovou Tompazi 1, Vashiotis Business Center, 1st Floor Office 101, Neapoli 3107, Limassol, Cyprus
  • Email: [email protected]
  • Phone: +357 22 025 100

This makes us feel confident that Libertex.com is not a scam. It seems like they invested a lot of time and money to make them easily reachable. They obviously want to help you solve your problems.

Libertex Review: What Do We Think?

Overall, our online trading experience with Libertex was quite positive and pleasant. The broker is CySEC regulated, offers multiple asset classes, MT4 platforms, and good educational webinars. The trading platform gives you many features and allows you to start with a free demo account. Thus, both beginner and advanced traders can enjoy great account offerings, easy calculations, and transparent costs.

Let’s not forget that Libertex is a company that has more than 20 years of experience. Thus it is fully capable of providing the best and most relevant service to its clients.  The resilience and professionalism of the company ensure that all products and services are trustworthy.

However, before starting any trading, please remember:

  • Do your own research, read more about CFD-s and brokers that you are going to invest in.
  • CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. It would help if you considered whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Thank you for reading our Libertex review. We really do hope that it was useful and helpful. We wish you luck in trading and investing. Please don’t hesitate to leave us your personal experience and opinion about Libertex.

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Comments Rating 5 (41 reviews)

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