Libertex Review

Minimum Deposit: $10 VISIT BROKER
75.3% of retail investor accounts lose money when trading CFDs with this provider.

Libertex is an online forex and CFDs broker. Indication Investments Ltd., a Cyprus Investment Firm, is the parent company of the broker, established in 1997. Indication Investment Ltd. is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). Moreover, for non-EU clients, Libertex.org is operated by Libertex International Company LLC, is registered in St. Vincent and Grenadines, and is regulated there.

Libertex offers over 250 trading instruments from various asset classes, including currency pairs, cryptocurrencies, stocks, indices, options, commodities, ETFs, and CFDs. The broker uses the STP execution model to facilitate trades. In addition, Libertex provides commission-free crypto and real stocks trading. Moreover, the broker offers tight spreads and low commissions, providing ideal trading conditions to its clients.

Libertex provides multiple investing platforms such as MetaTrader 4, MetaTrader 5, and Libertex trading platforms on multiple devices and environments. In addition, the broker provides a bundle of trading tools to help traders. Libertex provides multiple educational resources and research tools to educate its clients and help them improve their skills.

Let’s go through the advantages and disadvantages of Libertex first, and then we’ll discuss each feature and service provided by the broker.

8Expert Score
Libertex Rating

Libertex is an international financial services group specializing in online trading and investment. It was founded as a brokerage firm in 1997 and has since grown into a diverse group of companies, brokers, dealers, educational and IT-development centers which allows the group to operate globally, target 27 countries and serve clients from 120 countries. Through its proprietary mobile and online trading platforms, Libertex offers trading in Forex, crypto, stocks, CFDs, futures, funds and indices.

Investment Products
9
Commissions and Fees
7.5
Platforms and Tools
8.5
Research and Education
7
Deposit and Withdrawal
8

Libertex Review

Pros and Cons

Libertex has over two decades of expertise in providing trading services with the strict regulation of CySEC. The broker provides negative balance protection to its clients and keeps their funds in segregated bank accounts. In addition, the broker provides an investor compensation scheme. Moreover, the broker offers various trading platforms such as MT4, MT5 and its own proprietary Libertex trading platform. Plus, the broker offers trading with tight spreads starting from 0.0 pip and low commission starting from $0.03. Libertex also provides commission-free real stock and crypto trading. The broker offers 250+ financial products to trade with ideal conditions. The broker requires a low minimum deposit to get started. In addition, Libertex does not charge any deposit fee from its clients. Moreover, fixed spread accounts are also available. Libertex also provides demo trading. The account opening process is comparatively fast and fully digital. Lastly, the broker does not charge an inactivity fee from its clients.

On the other hand, Libertex or its parent company are not public companies. Therefore the financial information is not available as well. In addition, the company does not have a banking licence. Libertex charges certain withdrawal fees for using some payment options. The accounts options are also limited for clients, and it’s a bit difficult for a newbie to find pricing information and account types on the website.

Let’s summarise the pros and cons of the broker.

Positives
  • Regulated by CySEC
  • Clients’ funds in segregated accounts
  • Negative balance protection
  • Investor Compensation Scheme
  • Libertex proprietary trading platform
  • Market sentiment indicator
  • Instant registration allowing access to your account
  • Over 250 CFDs
  • Tight spreads
  • Over two decades of expertise
  • 3-hour trading course
  • Low minimum deposit
  • Zero spread accounts
  • Fixed spread accounts
  • Islamic accounts
  • Commission-free crypto and stock trading
  • Free deposits
Negatives
  • Limited account types
  • Commission starts from 0.03%
  • Withdrawal fee
  • $100 minimum deposit while using wire transfers
  • No US investors

Libertex Review

Investment Products

Libertex provides over 250 trading instruments that include various asset classes such as forex, CFDs, cryptocurrencies, commodities, indices, options and ETFs. However, the broker does not offer other asset classes such as bonds.

Libertex Instruments Summary

InstrumentsLibertex
Forex
Stocks
Indices
Commodities
Cryptos
Options
Bondsx
ETFs
CFDs
Libertex Instruments

Libertex Review

Commission and Fees

Commission and Spread Fees

Libertex provides different accounts types with respect to its trading platforms.

  • On the MT4 account, you can start trading with 0.0 pip and a commission fee starting from $0.06.
  • On the MT5, you have two account options. You can either choose to do commission-free trading with tight spreads starting from 0.6 pip. Or you can choose zero pip spreads while paying a minimal commission fee starting from $0.07.
  • On the Libertex trading platform account, spreads start from 1.3 pip without any commission fee.
FeeMT4MT5 InstantMT5 MarketLibertex
Commission (per standard lot per side)$0.06$0$0.07$0
Spreads from0.00.60.01.3
Libertex Fees

Deposit and Withdrawal Fees

Libertex does not require any deposit fee for using any payment method. However, there is a certain withdrawal fee for particular payment options. A 0.5% withdrawal fee is charged for using wire transfers and a €1 withdrawal fee for using credit/debit cards. In addition, there is a 1% withdrawal fee for using some electronic payment services.

Inactivity Fees

Libertex does not charge inactivity fees from its clients.

Libertex Review

Platforms and Tools

Libertex provides two trading platforms, both of which have simple user interfaces and are completely free to use. They have the well-known MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as their proprietary Libertex trading platform.

MetaTrader 4 (MT4)

MT4 is one of the most well-known and commonly utilised trading platforms by traders all around the world. It is well-known for its easy-to-use interface and built-in trading features. It is easy enough for newbie traders to utilise while also giving enough capability for expert traders.

MT4 is available for free on the desktop (Windows / Mac), online, and mobile platforms (iPhone / iPad / Android / Tablet). Because the online version works directly in most common browsers, there is no need to download or install any software. The MetaTrader app is excellent for customers who want to access their accounts and trade while they are on the move.

In the market monitor window, MT4 provides real-time price quotations for trading instruments. Users may load charts in 9 different periods and make orders in a variety of ways. There is over 30 technical indicators and graphical items built-in for chart analysis. Chart Templates for your trading techniques may be created and saved.

The MT4 platform includes a vast online community where people contribute various tools and ideas. The site has tabs where you can check signals from other traders, as well as a marketplace where you can buy extra indicators and expert advisors (EAs). There is also the MetaEditor interface, which allows users to create their own indicators and EAs in the MQL language. The strategy tester allows EAs to be backtested using historical data.

Libertex MT4 Platform
Libertex MT4 Platform

MetaTrader 5 (MT5)

Libertex’s MT5 platform is available as a desktop platform and a mobile application via the Apple App Store and Google Play. Because of its impressive set of charting tools and fast execution, MT5 is one of the most popular trading platforms in the market. As such, it provides leading trading features such as economic news, Expert Advisor, trading signals, powerful technical indicators, and a wide choice of plugins and is appropriate for a variety of trading styles and techniques.

There are several advantages to using MT5 since the platform represents an all-in-one idea, provides remarkable analytical tools, and has a modern appearance with the ability to open hundreds of charts and execute analysis using genuinely powerful institutional-grade capabilities.

Another well-known aspect of the MT5 platform and its predecessor is the wide choice of indicators and add-ons with various plugins aimed to improve your trading ability. There are no indicator limitations because the built-in MetaTrader MQL Market provides the most comprehensive marketplace for purchasing or renting created technical indicators.

Expert Advisors are also improved in MT5, with copy trading functionality created exclusively for MT5’s sophisticated technologies. One of the platform’s most striking features is precisely Algorithmic Trading based on next-generation MQL5, which is incompatible with MQL4. EAs indicate automatic trading using specialised apps and match built environment via MetaEditor, enabling users to select or construct their own settings.

Another nice feature is that MT5 enables simpler backtesting and strategy execution, whereas MT4 requires backtesting to be performed on a VPS or locally. A total of 12 additional periods have been added, all of which are designed exclusively for scalpers and high-frequency traders. MT5 also has 38 built-in technical indicators, compared to 30 in MT4. In addition, you may now make an infinite number of charts! The news stream has been converted into an economic calendar, which displays stories and events. For each incident, the effect degree, asset impact, and various price movement possibilities are indicated. Keep track of important events and use the calendar to take action on time. The improved code in MQL5 enables traders, developers, and trading specialists to design advanced indicators, operate trading robots, and implement utility apps. MQL5 applications are now based on the positioning system rather than the order system of MQL4.

Libertex MT5 Platform
Libertex MT5 Platform

Libertex Mobile App

Trade Forex CFDs by using the easy-to-use Libertex trading app, which includes a plethora of risk management features. Online, you may make quick withdrawals. Libertex has developed its own unique trading platform, which is extremely user friendly due to its simplicity and ease. Users may access all trading tools and products, including Forex, Cryptos, and CFDs, through the platform.

Libertex Trading Platform
Libertex Trading Platform

Trading Central, a third-party market analysis tool, is supported by the Libertex platform. Trading Central feeds real-time trading indications and possible setups into the platform.

Area charts, candlestick charts, Heiken Ashi charts, and line charts are all available to traders. Charts may be presented on a variety of timescales ranging from one minute to one month. The platform has an incorporated real-time news and market forecast stream. There is also a part on fundamental analysis.

The website includes the most common technical indicators, which are divided into Volatility, Trend, and Oscillator categories. It also comes with a plethora of risk management features.

Libertex does not charge a spread on its platform but rather a tiny commission fee starting at 0.03 percent. To test the platform, practise demo accounts with €50,000 are available. Any device, including PC and mobile (Android/iOS), may access the platform. The mobile app is excellent for people who want to trade on the go from anywhere in the globe with an internet connection.

Libertex App
Libertex App

Libertex Platforms Summary

PlatformLibertex
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTraderx
Proprietary
Desktop
Web
Mobile
Social Trading
Otherx
Libertex Platforms

Libertex Review

Research and Education

New traders will want to select a broker who provides adequate research and training resources to help them develop the abilities they need to make effective trades. These instructional resources span from the foundations of Forex trading to more sophisticated Webinars and courses that can also be beneficial to intermediate traders. Libertex has a somewhat complete set of training tools, including informative seminars that explain the fundamentals of trading for novices. Libertex also provides a free demo account via which prospective traders may become acquainted with the company’s features before opening a genuine trading account. However, the broker does not provide any dedicated educational resource or research tool such as Trading Central and AutoChartist.

Trading Course

This course covers all the basics of forex trading.

Live Webinars

There are plenty of recorded live webinars on the websites with useful information. In addition, clients can register for upcoming webinars as well. There they can ask a question related to trading.

News

In this section, you will find all the latest market news that can be used to do a fundamental analysis of an asset.

Blog

On the broker’s blog, you will all sorts of educational content and market research.

Economic Calendar

The economic calendar has all the macroeconomic events of all the nations that affect the movements of markets.

Research Overview (Yearly)

In this section, you’ll find the market research overview of all asset classes in the past year. You can also use this information to plan the upcoming opportunities.

Libertex Research and Education Summary

ResourcesLibertex
Market Analysis
Guides
Videosx
Webinars
Autochartistx
Trading Centralx
Economic Calendar
Otherx
Libertex Resources

Libertex Review

Deposit and Withdrawal

Libertex offers multiple payment options for deposits and withdrawals, including bank (wire) transfers, debit/credit cards and e-wallets. Even though the broker offers crypto trading, they do not offer crypto as a payment method, which could be a drawback for some traders who use cryptocurrencies frequently to process their transactions.

Libertex Funding Summary

Payment MethodDepositWithdrawal
Wire Transfer
Credit/debit Card
Electronic Wallets
Cryptosxx
Libertex Funding Options

Libertex Review

Regulation and Safety

Libertex is owned by Indication Investments Ltd., a Cyprus Investment Firm that is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). Moreover, Libertex.org is operated by Libertex International Company LLC, is registered in St. Vincent and Grenadines, and is regulated by the Financial Services Authority (FSA) there.

Libertex Regulation Summary

RegulatorLibertex
ASIC (Australia)x
IIROC (Canada)x
CySEC (Cyprus)
SFC (Hong Kong)x
JFSA (Japan)x
MAS (Singapore)x
FINMA (Switzerland)x
FCA (UK)x
CFTC (USA)x
Other (FSA)
Libertex Regulators

Libertex Safety

Libertex is a member of the Investor Compensation Fund (ICF), which can give qualifying clients up to €20,000 in compensation if the firm is unable to meet its financial responsibilities. Client money is kept separate from those of other financial institutions in segregated accounts. This is done so that the customer money cannot be utilised for anything else, such as business operating expenditures. Negative balance protection is in effect, which means that your account should not go below the amount you initially invested.

Libertex Review

Client Support

Libertex provides 24/5 client support via live chat, phone call and email. 

Libertex Review

Conclusion

Libertex is a well-established, licenced, and award-winning online broker that provides user-friendly trading interfaces as well as a diverse choice of trading products. The Libertex proprietary trading platform includes a number of valuable trading tools to aid with market analysis. Account types are limited, and leverage is prohibited for individuals who do not meet the criteria for professional clients. They do provide simple finance options as well as timely and courteous service.

Everything that you find on InvestingBrokers.com is based on information and data that is readily available from each broker that we have reviewed. We combine our 15+ years of industry experience with research, analysis and user feedback. This enables us to give an impartial and reliable broker rating. You can read more about our broker review process here.

Libertex Review

FAQs

When was Libertex founded?

Libertex was founded in 1997.

Where is Libertex located?

Libertex is located in Cyprus.

Is Libertex regulated?

Libertex is regulated by CySEC and FSA.

What trading instruments does Libertex offer?

Libertex offers 250+ trading instruments from various asset classes, including forex, CFDs, crypto, commodities, shares, indices, options, and ETFs.

What is Libertex’s minimum deposit?

Libertex requires a minimum deposit of $10.

What investing platforms does Libertex offer?

Libertex offers MT4, MT5 and Libertex trading app.

What is Libertex’s commission fee?

Libertex’s commission fee starts from $0.03.

Does Libertex charge an inactivity fee?

Libertex does not charge an inactivity fee.

What are Libertex’s spreads?

Libertex offers variable spreads starting from 0.0 pips.

What funding options does Libertex offer?

Libertex offers wire transfers, debit/credit cards and electronic payment services for transactions.

Does Libertex offer demo trading?

Yes, Libertex offers demo trading.

Does Libertex offer Islamic accounts?

Yes, Libertex offers Swap-free Islamic accounts.

How do I contact Libertex customer support?

Libertex’s customer support can be reached 24/5 via live chat, email and phone calls.
Libertex Review
Libertex Review
Minimum Deposit: $10
Richard Montana

Richard Montana

Richard has spent many years researching, testing, comparing and reviewing brokers. He has an extensive knowledge when it comes to understanding what to look for in a broker for trading and investing online.

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