Our team at FinanceBrokerage.com works day and night tirelessly browsing for the brokers and collecting info about them so that you do not have to lose your time. In our review, well go through all the aspects of this broker, beginning with basic details, describing its trading platform, instruments, and the range of accounts it offers.
Searching for the best broker might appear simple, as the trading market is full of chances and offerings. In truth, making the best decision, and choosing the broker company that fits you and your trading requirements, is quite tricky.
Without additional ado, let us start!
Libertex is a brand name of Indication Investments Ltd, authorized and regulated by the CySEC. The broker uses to trade on more than 250 monetary CFD instruments covering commodities, stocks, indices, ETFs, and cryptocurrencies on the trading platform for web and mobile.
Libertex has rather a long history as it was founded in 1997. In this time, it got up to 2.9 million clients worldwide in more than 120 different nations. The broker is also a Sponsor of English Premier League and Spanish LaLiga top clubs Tottenham Hotspur and Valencia CF.
Libertex Review: Regulation and Client Security
CySECs objective is to guarantee investor defense and the healthy advancement of the trading market. Libertex is not a scam, and the broker is very well managed.
Libertex is a brand of Indication Investments Ltd. The broker is managed by a European regulator– CySEC. Hence, it follows stringent client security procedures such as the segregation of client funds and supplying an unfavorable balance protection policy.
Tradable Products and Account Opening
The account opening procedure with Libertex is rather basic. You can begin either with the demo account to practice a bit or hop on to the higher-level account; it depends on you. Each account type provides different advantages, discounts, and functions.
Libertex uses both retail and professional trading accounts to trade currencies, indices, stocks, etfs, cryptocurrencies, and commodities. The broker offers traders to sell on 213 CFD instruments. Please take note for yourself and keep in mind that trading costs such as spreads, commissions, and swap rates vary in a different way; the primary reason is that it depends on the different instruments being traded and platforms utilized, such as the MT4 exclusive platform.
Here are the minimum deposits of the status accounts:
Gold levels minimum deposit– 250 EUR
Gold Plus levels minimum deposit -1 450 EUR
Platinum levels minimum deposit– 1 500 EUR
VIP levels minimum deposit– 5 000 EUR
In case you want to go expert, you will have to fulfill 3 main requirements:
Likewise, Libertex permits Professional Clients to delight in a lower level of protection as compared to Retail Clients. Libertex Pro account clients will not go through the new European leverage constraints.
You require experience in the monetary services sector– implying that you need to have at least one year in an expert trading or investment position.
Enough trading activity in the last 12 months– which means that you have actually carried out approximately a minimum of ten deals per quarter.
Financial instrument portfolio of over EUR 500 000, that includes monetary instruments and money cost savings.
Libertex Review: Spreads and commissions
. Trading Platforms.
Libertex clients can withdraw funds through a variety of methods with various commission quantities. For example, Skrill is commission-free, Netellers fee is 1%, while credit and debit cards take 1 EUR cost, etc
Libertex uses simple and quick deposit and withdrawal methods. The variety is rather wide. You can choose whichever you like, such as credit and debit cards, bank wire transfer, Skrill, Sofort, Neteller, GiroPay, suitable, Rapid Transfer, Trustly, P24, Neosurf, Teleingreso, etc. Likewise, deposits and withdrawals can easily happen from the Libertex trading terminal.
Benefits of MT4 platform:.
It uses more than 43 currency sets and 100+ trading tools.
Flexible management with trailing stop on trading position closing.
Customers orders dont need dealing desk (NDD).
The MetaTrader platform allows traders to trade simultaneously from several accounts.
Gold level– trading commission discount rate of 3%.
Gold Plus level– trading commission discount rate of 4%.
Platinum level– trading commission discount of 20%.
VIP level– trading commission discount of 30%.
Mobile Trading Platform.
Overall, the Libertex mobile app is no various from the Libertex proprietary platform, and it essentially provides the exact same functions as its web version with access to multiple property classes. In addition, it is 100% compatible with both Android and iOS systems. Clients can discover the download links for the app on the brokers site.
Quick management of your capital.
Simple and practical.
The minimum trade volume of 100 EUR.
Multiple chart types and timeframes.
Access to 250+ instruments.
Trading with no spreads.
As weve discussed above, trading costs with Libertex vary depending upon your account status level. Furthermore, bigger funded accounts have a much greater status level with more substantial discounts on spreads and commissions.
Libertex Review: Payment Methods and Withdrawals.
Commissions differ depending on whether clients trade on the MT4 trading platform or the Libertex exclusive trading platform. Please remember and keep in mind that, in case your account is inactive for 120 calendar days, youll be charged with 10 EUR monthly
Libertex Review: Trading Education and Research.
Libertex supplies access to educational resources consisting of educational blogs and webinars that cover a variety of subjects. We discovered over 50 lessons that traders and particularly newbies can watch online.
Dealing with a broker without a well-managed trading platform is inconceivable. Libertex took the opportunity and produced an environment that offers two trading platforms: through the worldwide acknowledged MetaTrader 4 trading platform.
Pros of trading with Libertex Web:.
As a research tool, Libertex supplies access to live market analysis webinars, market news, and trading concepts
Libertex: Client Support.
The broker provides consumer assistance that you can reach, in case of concerns or other problems, 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
Libertex Review: What Do We Think?
Overall, our experience with Libertex was quite favorable and enjoyable. The broker is CySEC controlled, provides numerous asset classes, MT4 platforms, and great educational webinars. The trading platform gives you lots of features and enables you to begin with a free demo account. Thus, both novice and advanced traders can enjoy excellent account offerings, transparent expenses and easy calculations.
Thank you for reading our Libertex review, we truly do hope that it was useful and practical. We wish you luck in trading and investing. Please dont hesitate to leave us your individual experience and opinion about Libertex.
Deposits and withdrawals can easily take location from the Libertex trading terminal.
Libertex offers both expert and retail trading accounts to trade currencies, indices, stocks, cryptocurrencies, products, and etfs. Please take note for yourself and remember that trading costs such as spreads, commissions, and swap rates vary in a different way; the primary factor is that it depends on the various instruments being traded and platforms used, such as the MT4 proprietary platform.
In our review, well go through all the elements of this broker, beginning with general information, discussing its trading platform, instruments, and the range of accounts it offers. The broker provides to trade on more than 250 monetary CFD instruments covering products, stocks, indices, ETFs, and cryptocurrencies on the trading platform for web and mobile.
However, before starting any trading, please keep in mind to:.
Lets not forget that Libertex is a company that has more than 20 years of experience, thus it is fully capable of supplying the very best and most pertinent service to its clients. The strength and professionalism of the business make sure that all services and items are credible.
Do your own research study, check out more about CFD-s and brokers that you are going to buy.
CFDs are complicated instruments and feature a high risk of losing cash quickly due to leverage. It would help if you considered whether you comprehend how CFDs work and whether you can pay for to take the high risk of losing your cash.