Libertex is a regulated online trading broker that has been in operation since 1997, providing forex and CFD trading services in over 244 financial products in multiple markets, including forex, cryptocurrency, stocks, ETFs, indices, metals, energies, and other commodities. The broker has clients in over 110 countries across the globe and serves more than 2,200,000 traders, offering them flexible trading platforms, useful tools, a collection of educational videos, and quality trading conditions with good execution speeds and competitive trading fees. Little wonder they have won over 30 prestigious awards in the past.
Libertex Review Introduction
In this Libertex review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
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Libertex Platforms & Tools
The broker provides clients with two trading platforms: the famous MetaTrader 4 (MT4) platform and their proprietary Libertex Trading Platform. The MT4 platform is intuitive, with a user-friendly interface, and is available as a web terminal that runs directly on modern browsers, installable desktop applications for Windows and Mac computers, and mobile trading apps for Android and iOS devices.
Libertex Trading Platform is simple, flexible, and easy to use. It features multiple charts, including candlestick charts, Heiken Ashi charts, and line charts, as well as many interesting tools, such as third-party tools like Trading Central, which streams real-time trading signals. Other trading tools built into the Libertex trading platform include market sentiment indicator and market participant sentiment index.
Libertex Research & Education
Libertex has a series of over 30 tutorial videos on their website. Those videos cover a range of trading topics including fundamental analysis, price action, money management, trading psychology and more. The videos are easy to understand and are suitable for traders of all levels. There is also a glossary of trading terms and definitions.
Libertex Trading Accounts
The broker offers retail and professional account types. The minimum deposit for the retail account is €100, and the maximum leverage is up to 1:30. Professional accounts can get up to 1:600 leverage. With the Libertex trading platform, there is no spread, only a small commission fee starting from 0.03%, but the MT4 platform does include spreads.
Libertex Account Funding
Libertex accepts a variety of convenient methods for funds depositing and withdrawals. They include bank wire, credit card, and online payment systems, such as Skrill, GiroPay, Trustly, iDEAL, SOFORT, and Neteller. Some methods may not be available for all countries. Transactional fees, payment limits, and processing time vary with the payment channel used.
Libertex Customer Service
The broker offers customer support via online chat, telephone, and email, and they are available during office hours (Cyprus time) from Monday to Friday.
Libertex is a trading brand owned and operated by Indication Investment Ltd, which is registered as a Cyprus Investment Firm (CIF) and is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license number: 164/12. Since they are based in an EU member country, the broker also abides by the rules from the European Securities and Markets Authority (ESMA), including the MiFID ii.
Libertex Review Summary
Libertex is a multiple award-winning online broker that offers trading in over 244 financial assets through the MT4 platform and their own Libertex trading platform which has many useful built-in third-party tools. They provide a collection of tutorial videos.
It is worth mentioning that some of the trading products and services in this Libertex review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Libertex broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.