Libertex is a multi-asset trading platform that offers traders access to over 250 financial instruments, including stocks, currencies, commodities, indices, and cryptocurrencies. Founded in 1997, the platform is owned by Indication Investments Ltd, a Cyprus-based investment firm that is regulated by the Cyprus Securities and Exchange Commission (CySEC). Libertex boasts a user-friendly interface, a range of powerful trading tools, and an extensive educational section to help traders improve their skills.
The platform offers several trading account options, including a demo account for novice traders, a real account for experienced traders, and a professional account for high-volume traders. Libertex offers traders access to a range of trading platforms, including a web-based platform, mobile app, and the popular MetaTrader 4 (MT4) platform. The platform also offers a range of deposit and withdrawal options, including credit/debit cards, bank transfer, and e-wallets like Skrill and Neteller.
| Broker Name | Libertex |
| Headquarters | Cyprus |
| Foundation Year | 2012 |
| Minimum Deposit | €100 |
| Deposit Fee | €0 |
| Inactivity Fee | If the Client’s Account is inactive for 180 calendar days (i.e. there is no trading, no open positions, no withdrawals or deposits), the Company reserves the right to charge an account maintenance fee of 10 EUR. |
| Demo Account | Yes |
| Instruments | Fixed Time Trades |
| Platforms | Libertex online platform and app, MT4, MT5 |
| Assets | CFDs on: Stocks, Commodities, Forex, Crypto etc. |
| Number of Underlying Assets | 250+ |
| Leverage for Retail Clients | up to 1:30 |
| Negative Balance Protection | Yes |
| Guaranteed Stop Loss | Yes |
| Broker Type | Market Maker |
| Scalping | Yes |
| Hedging | Yes |
| CFD Trading | Yes |
| STP Trading | No |
| ECN Trading | No |
| Withdrawal Fee | Varies |
| Withdrawal Time | from Instant to 2-5 days |
| Regulation | CySEC |
| Customer Support | Telephone (Monday – Friday 8 a.m till 6 p.m. CET) |
| Languages | English, German, Italian, Spanish, French, Dutch, Polish, Portuguese |
| Our Score | 3.9/5 |
The purpose of this review is to provide potential traders with an overview of Libertex’s features, trading conditions, and overall performance. This review will cover the platform’s trading fees, trading tools, customer support, educational resources, and regulatory status. We will also compare Libertex with other popular trading platforms to help traders make an informed decision.
Libertex Pros & Cons
Libertex is a popular online trading platform that enables traders to invest in a wide range of financial instruments such as stocks, commodities, forex, and indices. Like any trading platform, it has its own set of pros and cons. In this article, we will analyze the advantages and disadvantages of using Libertex.
Pros
- User-Friendly Interface: Libertex is very easy to use, even for novice traders. The platform’s intuitive design and easy navigation make it simple for users to execute trades.
- Multiple Trading Instruments: Libertex offers a wide range of financial instruments for trading, including stocks, forex, commodities, and indices, which allows traders to diversify their portfolio.
- Low Minimum Deposit: Libertex has a low minimum deposit requirement, which makes it accessible to a wide range of traders, including those with limited capital.
- No Commission: Libertex charges no commission on trades, which can result in significant savings for traders.
Cons
- Limited Educational Resources: Libertex provides limited educational resources compared to other trading platforms, which can make it challenging for novice traders to learn and improve their skills.
- Limited Research Tools: Libertex also has limited research tools, making it challenging for traders to conduct in-depth market analysis.
- Limited Customer Support: Customer support at Libertex can be slow, which can be frustrating for traders who require prompt assistance.
- Limited Cryptocurrency Offerings: While Libertex does offer cryptocurrency trading, the platform only supports a limited number of cryptocurrencies, which can be a downside for traders looking to invest in a broader range of digital assets.
Is Libertex Safe?
Libertex is an online trading platform that allows traders to access a wide range of financial instruments, including forex, stocks, and cryptocurrencies. When considering whether Libertex is safe, it is important to examine the platform’s security measures, regulatory compliance, and user feedback and reviews.
Overview of Libertex’s security measures: Libertex employs various security measures to ensure the safety of its users’ funds and personal information. The platform uses SSL encryption to protect user data, and it stores funds in segregated accounts. Additionally, Libertex requires users to verify their identity and undergo anti-money laundering (AML) checks before they can trade.
Regulatory compliance: Libertex is regulated by the Cyprus Securities and Exchange Commission (CySEC) and is licensed to operate in the European Union. It is also registered with other regulatory bodies, including the Financial Conduct Authority (FCA) in the UK. These regulatory bodies help ensure that Libertex adheres to strict standards of security and financial transparency.
Analysis of user feedback and reviews: User feedback and reviews of Libertex are generally positive, with many users praising the platform’s user-friendly interface and wide range of trading options. However, some users have expressed concerns about the platform’s customer support and the high fees charged for certain trades.
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Offering of Investments
Libertex is a leading online trading platform that offers a diverse range of investment opportunities to traders worldwide. The platform provides access to various asset classes, including forex, stocks, commodities, cryptocurrencies, and indices.
Forex is one of the most popular asset classes on Libertex, with over 50 currency pairs available for trading. The platform offers competitive spreads, low margin requirements, and 24/7 trading access. Moreover, Libertex provides a variety of tools and resources to help traders analyze the forex market and make informed trading decisions.
Libertex also offers a wide range of stocks from leading global exchanges such as NASDAQ, NYSE, and LSE. Traders can invest in their favorite companies and take advantage of opportunities in the stock market. The platform provides detailed information on each stock, including price charts, financial data, and news updates.
Commodities are another popular asset class on Libertex, with precious metals, energy, and agricultural products available for trading. The platform offers leverage up to 1:100 and competitive spreads, making it easier for traders to profit from commodity price movements.
Cryptocurrencies have gained massive popularity in recent years, and Libertex offers an extensive range of digital assets for trading, including Bitcoin, Ethereum, and Litecoin. The platform provides access to the crypto market with competitive spreads and low commissions.
Finally, Libertex provides access to a range of global indices, including the Dow Jones, S&P 500, and NASDAQ. The platform offers competitive trading conditions with low margin requirements and leverage up to 1:100.
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Commissions and Fees
Libertex is an online trading platform that offers access to various financial markets, including forex, stocks, indices, and cryptocurrencies. The platform operates on a commission-based model, where traders pay a commission on every trade executed.
Overview of Libertex’s fee structure: Libertex’s commission fees vary depending on the asset traded and the trading volume. The commission fees charged on forex and cryptocurrencies are relatively low, while the commission fees charged on stocks and indices are higher. Libertex does not charge any deposit or withdrawal fees, making it convenient for traders to move funds in and out of their accounts.
Comparison with other trading platforms: Compared to other trading platforms, Libertex’s commission fees are generally competitive, with some of the lowest fees in the industry. Additionally, the platform does not charge any deposit or withdrawal fees, making it a cost-effective option for traders. However, Libertex’s spreads are relatively high compared to some of its competitors, which can add to the overall cost of trading.
| Broker Name | Libertex | eToro | Binance | Trading212 |
|---|---|---|---|---|
| Year | 2012 | 2007 | 2017 | 2006 |
| Minimum Deposit | €100 | $50 | $0 | $1 |
| Commission | Yes | Yes | Yes | No |
| Inactivity fee | Yes | Yes | No | No |
| Platforms | Libertex online platform and app, MT4, MT5 | Web, Windows, iOS, Android | Web, Windows, iOS, Android | Web, Windows, iOS, Android |
| Regulation | CySEC | CySEC, FCA, ASIC, FSAS | N/A | FCA, FSC |
Analysis of hidden charges: Libertex’s fee structure is transparent, with no hidden charges or additional fees. The only fees charged by the platform are the commission fees on trades executed. Traders can view the commission fees charged for each asset in the trading platform’s fee schedule.
In conclusion, Libertex’s commission and fee structure is transparent and competitive, with no hidden charges or additional fees. While the platform’s spreads are relatively high, the low commission fees and lack of deposit and withdrawal fees make it a cost-effective option for traders.
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Mobile Trading Apps
Libertex is a global online trading platform that offers a range of mobile trading apps for iOS and Android devices. The mobile trading apps are designed to provide a user-friendly experience and enable traders to access the financial markets on-the-go.
The Libertex mobile trading apps are highly rated, with an average rating of 4.3 on the App Store and 4.5 on Google Play. The apps are easy to navigate, and traders can access a range of features, including real-time market data, charting tools, and news updates. Traders can also place and manage trades directly from the app.
The mobile trading apps offer a range of order types, including market, limit, and stop orders. Traders can also set up alerts to notify them when certain market conditions are met. Additionally, the apps provide access to a range of financial instruments, including stocks, commodities, forex, and cryptocurrencies.
Compared to other mobile trading apps, Libertex’s apps stand out for their ease of use and intuitive design. The apps are also highly customizable, allowing traders to personalize their trading experience to suit their preferences. The mobile apps are also backed by the same advanced technology and security features as Libertex’s web-based platform, ensuring a secure and reliable trading experience.
Overall, Libertex’s mobile trading apps provide traders with a powerful tool to access the financial markets on-the-go. The apps are user-friendly, customizable, and offer a range of features that make trading convenient and efficient.
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Other Trading Platforms
Libertex is a leading online broker that offers a range of trading platforms to suit the needs of different traders. In addition to their flagship platform, Libertex also provides other trading platforms that offer unique features and functionalities.
Overview of Libertex’s other trading platforms:
Libertex’s other trading platforms include Libertex Mobile, Libertex Web, and Libertex Terminal. Libertex Mobile is a mobile application that allows traders to access their accounts and trade on-the-go. Libertex Web is a web-based platform that can be accessed from any device with an internet connection, while Libertex Terminal is a downloadable platform that offers advanced trading tools and features.
Comparison with MetaTrader 4 and 5:
Libertex’s trading platforms offer unique features and functionalities that differ from MetaTrader 4 and 5. While MetaTrader is a popular choice among traders, Libertex’s platforms are user-friendly and easy to navigate, with a range of tools and features that make trading more accessible to beginners.
Analysis of platform usability and features:
Libertex’s trading platforms are user-friendly and intuitive, with a range of tools and features that cater to the needs of different traders. For example, Libertex Mobile offers a simple and easy-to-use interface, making it ideal for traders who are always on the go. Libertex Web, on the other hand, offers a range of advanced trading tools, including technical analysis indicators and trading signals, making it suitable for experienced traders. Libertex Terminal offers even more advanced trading tools and features, including multiple order types and a wide range of charting tools.
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Market Research
Libertex is a comprehensive online trading platform that offers a wide range of tools and resources for market analysis. The platform provides traders with access to real-time market data, advanced charting tools, trading signals, and indicators, making it a popular choice for traders worldwide.
Tools and Resources Available for Market Analysis: Libertex provides traders with a range of tools and resources for market analysis. The platform offers advanced charting tools that allow traders to analyze price movements and identify potential trading opportunities. Additionally, Libertex provides traders with access to real-time market data, news feeds, and economic calendars, allowing them to stay up-to-date on market developments and events.
Overview of Trading Signals and Indicators: Libertex provides traders with a range of trading signals and indicators to help them identify potential trading opportunities. The platform offers a variety of indicators, such as moving averages, RSI, and MACD, which can be customized to suit each trader’s individual trading style. Additionally, Libertex provides traders with access to trading signals, which are generated by advanced algorithms that analyze market data to identify potential trading opportunities.
Comparison with Other Trading Platforms: Compared to other trading platforms, Libertex stands out for its user-friendly interface, advanced charting tools, and comprehensive range of trading signals and indicators. The platform is suitable for traders of all levels, from beginners to experienced traders. Additionally, Libertex offers low trading fees, making it an affordable option for traders who want to trade multiple assets.
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Education
Libertex is an online trading platform that offers a range of educational resources to help traders develop their skills and improve their profitability. In this piece, we will provide an overview of the educational resources available on the platform, including training courses and tutorials.
Libertex offers a variety of resources for trader education, including a series of video tutorials and articles covering topics such as trading strategies, technical analysis, and risk management. In addition, the platform offers a demo account that allows traders to practice trading in a risk-free environment.
For traders who want more structured training, Libertex offers a series of courses that cover the basics of trading and more advanced topics such as market analysis and trading psychology. These courses are designed to be accessible to traders of all levels of experience, with interactive quizzes and practical exercises to help reinforce learning.
User feedback on Libertex’s educational resources has been generally positive, with many traders praising the quality of the content and the effectiveness of the training materials. However, some users have noted that the platform could do more to provide ongoing support and mentorship for traders.
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Final Thoughts
Libertex is an online trading platform that offers trading in multiple financial instruments, including forex, stocks, cryptocurrencies, and more. The platform is owned and operated by Forex Club International Limited, a company based in Cyprus.
After analyzing Libertex’s features, advantages, and disadvantages, our final verdict is that Libertex is a reliable and user-friendly trading platform that offers a wide range of trading instruments and intuitive trading tools. The platform is suitable for both novice and experienced traders, and its mobile app is an added advantage for traders who want to trade on-the-go.
One of the key advantages of Libertex is its user-friendly interface and ease of use. The platform is well-designed and intuitive, making it easy for traders to navigate and find the features they need. Additionally, Libertex offers a range of educational resources, including video tutorials and webinars, to help traders improve their skills and knowledge.
Another advantage of Libertex is its range of trading instruments. The platform offers trading in more than 250 financial instruments, including forex, stocks, indices, cryptocurrencies, and more. This allows traders to diversify their portfolios and take advantage of different market conditions.
However, there are some disadvantages to using Libertex. One of the major drawbacks is the high fees charged by the platform. The spreads on some instruments can be high, and there are also commission fees and other charges that traders need to be aware of.