Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

Libertex Review

3.07
8 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

Libertex general information

Founded in: 1997 year
Headquarters:
Cyprus
Minimum Deposit: 10 $
Website: libertex.com
Website languages:
English, Spanish, Italian, Deutsch, Dutch, French
Execution model:
NDD
Deposit currency: USD, EUR, RUB
Support languages: English
Regulated by: CySEC (Cyprus) license №164/12
Mobile trading: iOS, Android
Types of offered accounts:
Unlimited Demo Accounts, Standard Accounts
Affiliate program: Yes

Libertex Forex broker description

Established in 1997, Libertex has vast experience in the forex trading sector numbering almost two decades. It has managed to amass a lot of clients worldwide during this period of successful activity and making its name a global brand. This is evident by its strong presence in almost 110 countries worldwide with plans to expand to more in the future. Its qualified human resource personnel are dedicated to ensuring that they provide top-notch services that enhance the customer experience while trading on this platform.

Trading Accounts

Libertex offers only two trading accounts to its many clients. These accounts are the standard trading account and the demo account. Both have special features that make them unique in their delivery of services to the clients.

The Libertex Standard Trading Account

This is a normal trading account that a client will sign up for in the site. This site caters for both beginners and also those with experience in forex trading. Among the perks of dealing with this account include:

  1. Cross-platform trading capability with a host of devices.
  2. Minimum deposit of $10.
  3. 1:20 leverages.
  4. 50% commission discount for new traders on the platform.

The Libertex Demo Account

The Libertex demo account is a trading account that has been specially designed to cater to the needs of clients who are new to the foreign exchange trading concept. It is an account that will offer tutorials on the new client showing him or her on how to execute trades and the general concept behind the functioning of trades. It is compatible with both the mobile platform and also the web-based platform hence easy to access and use. The account comes with almost $50000 in virtual cash that will allow the client to teach himself or herself on how to place lucrative trades.

So basically the demo trading account is an account that serves as an educational kit as well as a stepping stone to more experienced trading for the customer to libertex’ platform.

The Company. Security Of Funds.

Libertex has its headquarters in the forex trade friendly hub of Cyprus mean it has access to lucrative forex deals for its many clients said t number in the excess of 2 million worldwide. This large customer base with a large associated trade volume is utter proof of its credibility in this ever-changing trading sector.

Libertex is a credible trader with the utmost integrity that it has accrued over time due to its clean activities that leads to the hold in belief by clients. For this reason, it makes its level best to have a clean bill of operation by getting the required licenses required for its smooth operation. It also has met the conditions and rules set by various regulatory bodies in all the territories it operates to maintain its credibility and reputation. Notably, it has been given a pass by the Cyprus Securities and Exchange Commission. 

All funds from clients stored within the coffers of libertex are guaranteed security to keep up the integrity of the firm as well as to maintain the client relationship. Among the measures taken to ensure the safety of these client’s funds includes:

  1. Use of separate bank accounts that keep the firm’s operational funds and the clients' fund different.
  2. Covered by the investor compensation fund that will compensate clients to a set amount upon liquidation of assets or failure to remit clients’ funds.

The site is credible judging by its various accolades and awards it has bagged over the years. Libertex customer comments and reviews paints a serene picture of dealing with this trader.

Trading Conditions

Minimum Initial Deposit

The minimum initial deposit amount for the libertex standard trading account is $10. This is an affordable account for you to have an account with this credible trader. However, you will need a minimum of $100 in your account for you to be able to trade effectively as well as give you a trader shield.

Spreads And Commissions

Spreads are not charged at all but a commission of $0.05 is charged per every $1000.

Trading Platforms

Libertex uses a custom made libertex web-based trading platform. This platform is authentic and will help in the fast execution of trades as well as being user-friendly to the client.

Among the perks of this trading platform include:

  1. It is web-based hence no hassles faced in downloads and such.
  2. Compatible for all devices that can access the web with an internet connection.
  3. Awesome display that makes it easy to distinguish its many features as well as promoting its accessibility.
  4. Uses top range charts that help in easy data analysis after recording. Among the charts include the area chart, candlestick chart, Heiken Ashi chart and the line chart

Mobile Platform

With the increase in mobile phone use, it was prudent that this site creates applications that can be downloaded and used by mobile phones. These applications are compatible for use with android operated devices, ios operated devices and are found free of charge from the respective download sites.

The benefits of using the mobile phone platform include:

  1. Ease of use courtesy of the interactive user interface.
  2. Operates on most compatible devices.
  3. Provides advanced analysis tools in the charts.

In general, both of this platforms will appeal to both the novice and experienced traders giving them a worthwhile customer experience.

Promotions

The following are among the promotions currently on offer on the libertex training site.

  1. Provision of a beginner’s guide to dealing in various cryptocurrency units such as the Bitcoin, Ethereum and Litecoin.
  2. Provision of an affiliate program that will let you earn an agreed upon commission on putting their banners on your website. This is by signing up for an affiliate account.

Deposit And Withdrawal Methods

Deposits to Libertex are cost-free and it accepts modes such as the MasterCard, Visa, Skrill, Neteller, Giropay, Trustly and Ideal among many other payment methods. While using a debit or credit card you will need to confirm with the issuer of any restrictions on your card.

In withdrawal, the modes will be used and you will first request the payment, then key in the details of the destination be it bank wire or through a card. A fee will be charged according to the selected mode. Processing of the made payments may be instant or take a long as 3-5 days.

BRIEFLY ABOUT Libertex

 This is among the most lucrative sites that is suitable for both beginners and experienced clients with respective products tendered for their preferences. Regardless of your trading strategy or level of experience, you are likely to find a great trading partner with Libertex.

Trading accounts of Libertex

  • Libertex
Trading platforms: Libertex
Minimum Deposit : 10 $
Deposit currency :
USD - US Dollar
EUR - Euro
RUB - Russian Ruble
Trading instruments:
Forex 1:500
Number of currency pairs: 34
  • AUD/CAD
  • AUD/CHF
  • AUD/GBP
  • AUD/JPY
  • AUD/USD
  • BTC/USD
  • CAD/CHF
  • CAD/JPY
  • CHF/JPY
  • EUR/CAD
  • EUR/CHF
  • EUR/GBP
  • EUR/JPY
  • EUR/NZD
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/JPY
  • GBP/USD
  • LTC/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • USD/CAD
  • USD/CHF
  • USD/CLP
  • USD/DKK
  • USD/JPY
  • USD/MXN
  • USD/NOK
  • USD/RUB
  • USD/SEK
  • USD/SGD
CFD's 1:100
Amount of assets : 170
  • Promotions
  • Futures
  • Indices
  • Products
Metals 1:100
  • Gold
  • Silver
Energy sources 1:100
  • Oil
  • Gas
Cryptocurrencies
Stop Out:
100 %
Minimum position size:
0.01 лотов
Execution type:
Market Execution
Swap Free:
Not
VIP Account:
Not
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
50 %
Commission:
0.02-0.6%
Phone trading:
Yes

Contacts of Libertex

Штаб-квартира
Россия , Москва Звенигородское шоссе, 18/20
show on the map
8-800-2002-600 Телефон штаб-квартиры

Recent customer reviews of Libertex

Baines Leahy 22 November 2019

Advantages: Great

Disadvantages: Null

Comment: It’s really hard telling the authenticity of this online platforms only if you’ve had a bad experience with them after trading or doing any form of business with them. You can visit : instantfundsrecovery (DTCOM) in case you have lost some amount to scammers, fake websites or brokers so as to retrieve all your initial deposits.

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Raymond 11 November 2019

Advantages: great service

Disadvantages: the great service ends once you try to withdraw

Comment: When I asked to withdraw just $40,000 out of my balance of over $200,000 they stopped responding me . I was hurt and couldn't take it . I was lucky enough to use the service of chargebackguaranteed,info to recover your money

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Raymond 11 November 2019

I was lucky enough to use the service of chargebackguaranteed,info to recover my money . You should reach out to them if you need to recover your money . Excuse my typo , silly auto correct

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Maggie 03 November 2019

Advantages: Great Company

Disadvantages: Unfortunately I lost everything to trading

Comment: It has been hard losing a lot of money to binary options and Cryptocurrency trading. My money has now been recovered, thanks to a recovery boss. You can reach me to share my experience and how I had my money recovered. Maggiealder12 {at} gmail, com

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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.
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