Libertex is a Forex and CFD Broker that has been operating since 1997. The company features on its trading platform CFDs on stocks, indices, commodities, cryptocurrencies and ETFs. Libertex is a subsidiary company of Indication Investments Ltd, a corporation that is regulated and overseen in Cyprus by the CySEC. Real trading at Libertex is possible with the minimum deposit of €100. The Libertex website is available in English, German, Spanish, Portuguese, Italian, Dutch, French, Polish, Swedish and Danish.
What do we cover in our Libertex Review?
|General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.|
Basic information about the broker
- Website address: www.Libertex.com
- Leverage: up to 1:30
- Instruments: CFDs – Forex, commodities, stocks, indices, cryptocurrencies, ETFs
- Minimum deposit: €100
- Demo account: Yes, free of charge
- Methods of deposit and withdrawal: Wire Transfer, Skrill, Neteller, Credit and debit cards
Libertex Trading Platform
For FX and CFD trading Libertex offers two trading platforms; MT4 and Libertex trading platform. The former platform needs probably no introduction as it is one of the most popular forex trading platforms out there (43 available currency pairs). The latter is an in-house built platform where you can trade 180-200 trading assets.
Unlike most CFD brokers, Libertex does not charge spread fee but commisions. For the most current spread charges, please visit the Libertex.com website.
*commisions recorded on 18.06.2019 at 12:52 GMT, data were taken from the Libertex trading platform of the broker.
Indication Investments Ltd is authorized and regulated under the Cyprus Securities and Exchange Commission under license number 164/12.
The CySEC regulation gives Libertex the right to provide cross-border services to other members of the European Economic Area.
Advantages and disadvantages
Every Broker has its pros and cons, let’s have a look at the ones that elevate & denounce Libertex.
- A wide range of availeble cryptocurrencies
- Long established company
- Relatively high commision fees
To sum up the Libertex Review
Libertex adheres to strict regulatory guidelines of the CySEC. The broker offers not only MT4 but also its in-house built trading platform. Both platforms are easy to use and are mobile-friendly. With the exception of available cryptocurrency pairs, the amount of CFDs is actually not particularly attractive. A trading demo account is at one’s disposal free of charge.
Your review can make a difference to other traders, please leave a comment if you have any personal experience with Libertex.
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