Trading CFDs involves substantial risk of loss and may not be suitable for all investors. Trading such high-risk financial contracts may result in the loss of all the client's invested capital. 77.7% of retail investors lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and can afford to take the high risk of losing your money.
Bottom Line Summary
If you are looking for a reputable broker with significant industry experience, then Libertex may be the broker for you. Part of the Libertex Group, founded in 1997, Libertex is an online stock and CFD trading broker and the brand has more than 20 years of financial market and online trading experience.It has expanded its customer base millions clients in different countries. During its many years of serving the investing and trading public, it has received over 40 prestigious international awards for its outstanding innovation, customer service, and advanced technological solutions, most recently being named the “Best CFD Broker in Europe”.
Overall Ratings
4.3
Libertex Fees
4.8
Accounts/Membership Levels
4
Deposit and Withdrawal
4.8
Mobile Trading App
4.7
Markets and Products
3.8
Market Research
4.4
Customer Service
3.8
Education
3.8
Libertex broker features
Feature
Libertex
Minimum deposit:
100 Euros
Withdrawal fee amount:
Free for PayPal and Skrill ( for other methods fees may apply)
Inactivity fee charged (Y/N):
Y
Max leverage:
30:1
Spread from:
0.1 pips
Number of instruments:
Over 250 tradable assets
Year founded:
1997
Time to open account:
Minutes
Demo account provided (Y/N):
Y
Countries of regulation:
European Economic Area, Switzerland
Products offered:
over 250 CFDs, onstocks, indices, commodities, metals, cryptocurrencies, ETFs and FX pairs.
Libertex pros and cons
Pros
Competitive tight spreads, zero commissions on stocks
MetaTrader4 and 5 trading platform products and superior web version and mobile app
CySEC regulatory oversight
250+ focused product offerings of popular assets for trading
Cons
Education support could be broader than videos and FAQs
The product portfolio may appear limited to some investors and traders
Libertex is a trading name of Indication Investments Ltd headquartered in Limassol, Cyprus, and it complies with the regulatory oversight provisions of the Cyprus Securities and Exchange Commission (CySEC).
Libertex has achieved a high degree of popularity globally due to its mission to provide everyone with the tools, training, and platforms for trading. It offers over 250 underlying assets in its portfolio, including Contracts for Difference (CFDs) for stocks, cryptocurrencies, metals, commodities, indices, forex currency pairs and Exchange-Traded Funds (ETFs).
The firm also offers tight spreads for the CFD Account and zero commission fees on crypto CFDs, zero commission fees on real stockswhere only market spreads apply (available on the Invest Account), free depositsa minimum deposit level of 100 Euros, and no hidden fees. As with all global brokers, spreads can vary by asset class and market location, but the broker is committed to competitive pricing on all fronts. Leverage can also differ by jurisdiction. Leverage can go up to “1:30”
How to use Libertex
With Libertex you can trade via MetaTrader4 and MetaTrader5, but the firm has won accolades for its in-house trading platform and mobile application. The app is highly rated on Google and Apple Store stats. Admirable features include the ability to perform various functions, from accessing markets to pre-ordering, risk management, live quotes, current news, and even switching from demo mode to real-time with a single keystroke.
Is Libertex regualted?
Libertex is a company incorporated in Cyprus and regulated by the Cyprus Securities and Exchange Commissionwith license number 164/12
In August of 2021, CySEC suspended the licence of Libertex. Discussions soon followed, and by the end of the month, CySEC removed its suspension, noting that Libertex had conformed to its requests and was again in compliance with its regulations.
Is Libertex the right fit for you?
Each investor and trader has personal preferences for how they expect their broker to perform. Libertex has a reputation for focusing on its customers, , but it offers quick mobile access to the most popular underlying assets at competitive terms. Due to regulatory restrictions, you may not see the highest leverage levels or competitions and giveaways like some foreign-based brokers. Still, risk levels are much higher for those offerings. Libertex cares about its legacy, as its long track record confirms.
Libertex Fees
4.8
Libertex is a highly competitive low-cost provider when it comes to fees, commissions, and spreads. They have taken the unique position of offering their underlying assets for trading straight up with tight “Bid/Ask” spread. A percentage is charged, varying by assetclass and jurisdiction, but Libertex cryptocurrency CFDs and stocks can be zero commission where tight spreads or market spreads apply accordingly. Please check Libertex for further information.
The fees charged by Libertex are highly competitive in the sector.
Accounts/Membership Levels
4
The steps required to open an account are straightforward, and the minimum deposit is 100 Euros. Libertex keeps it simple – one Libertex Demo Account and two Classic Accounts, one for trading CFDs and another one for investing in real stocks.
Libertex has chosen to offer a single account category. That is a fair approach for all clients, but some professionals requiring other, perhaps more expensive features, might look elsewhere.
Deposit and Withdrawal
4.8
Brokers have learned that offering a multitude of conveniences on the deposit end works to their advantage, and Libertex is no exception. Bank wires, debit/credit cards, and over a dozen other popular deposit methods are your options. No fees are charged on deposits, and depending on the method, you will see funds in your account immediately
Withdrawals are easy but a bit more restrictive with fewer options. The reverse route may have a few small fees involved to cover the direct costs from the payment processor of your choice. As is always the case, bank intermediaries can add delays and exact a charge for their services. It is best to know about these items beforehand, but it is difficult to find fault with the options Libertex has chosen to provide.
Libertex offers numerous convenient payment options that compare well with those provided by some of its competitors.
Trading Platforms
The management at Libertex decided to use the highly popular family of trading platforms from MetaTrader. It also supplements MT4and MT5 with in-houseLibertex online trading platform and app. There is something for everyone. Features and charting have a professional look, and their userfriendly design sets Libertex apart from the crowd. Whether a buy, sell, or close, transactions can be accomplished from the asset’s chart.
The trading platforms available at Libertex are excellent, catering for users with varying experience levels.
Mobile Trading App
4.7
Libertex excels in this department, with solid assessments from other traders and reviewers. The mobile app is identical to the web-direct version of the firm’s proprietary system. All that is required is to go to the app stores and download the software for either iOS or Android devices. Access is available for news, alerts, technical analysis, charting, and one other unique feature – one single touch on your screen will instantly switch you from virtual mode to real-time.
The Libertex mobile app comes top of the class with its ease of use and execution.
Markets and Products
3.8
Brokers have a choice – they can be all things to all traders and offer a 1000+ portfolio of tradable underlying assets, or they can be focused, sticking to what is popular and has an active market, and then provide a choice that is not so overwhelming. Libertex tradingis the latter.
There are real stocks and CFDs on currency pairs, stocks, cryptos, indices, ETFs, metals, options, and commodities. There are no options or futures, but the type of trader that longs for those instruments is either a professional or is highly experienced, a rarity.
The Libertex market portfolio is standard for the industry, but its focus is more on the popular underlying assets.
Market Research
4.4
If Libertex were not a low-cost broker, they would be able to put more budget monies toward market research, as have other brokers in this niche. There is access to financial news, and a blog is available. Some FAQs can be found under the “Sitemap” tab, which covers a wide range of topics, as do videos on the firm’s YouTube channel.
Customer Service
3.8
There is a live chat service. Depending on the source or comment, response times can be in a matter of minutes or could take longer. The firm provides support from Monday to Friday from 8 a.m till 6 p.m. CET in eight languages.
Libertex does provide a wide range of videos on its dedicated YouTube channel. You may access it here. There are also helpful answers found in FAQ sections within the website’s infrastructure, most appropriately accessed through the sitemap. The Libertex education offering is well focused.
If you are a beginner, you will need to be selective when using the information sections, or you might be overwhelmed by all the detail. An easier learning route is via the educational videos designed to help beginner traders. Testing your trading strategies on a demo account might be useful as well.
Is Webull regulated?
The firm’s complies with CySEC regulations, which after the Cypriot banking crisis in 2012-2013, require that deposits be segregated from operating funds in a Tier 1 bank, preferably offshore.
Is Libertex right for you?
Libertex is competing in the low-cost, no-frills niche in the highly competitive Stocks and CFD broker space. Amassing a loyal following of millions of users is evidence that the firm is doing something right with its product offering, pricing, and platform options.
Is Libertex the right broker for you? Beauty is in the eye of the beholder. If awards are the clincher in your decision, see the diagram below. If you like what you see and do not need your hand held through the getting-acquainted phase, then Libertex might be a worthy consideration as your future access vehicle to the trading markets.
Alternatives to Libertex
Libertex is a broker long on experience, but a few other firms can match those credentials and compete alongside this company. The added attractions of Libertex are its low costs and an easy-to-use mobile app for quick trading while away from your trading desk. Its customer base has climbed to over 2.9 million clients, but if you are looking for other brokers for comparison purposes, these five will make the comparison interesting:
eToro – Copy trading is a major draw for this global broker, a perennial winner of awards
IG Group – This top-ranking London Stock Exchange broker has it all and then some
Plus500 – Another London Stock Exchange broker with major capital and transparency
City Index – This global CFD and Forex broker has been performing since 1983
XTB – Low-fee broker based in London and Warsaw, with top-tier regulation since 2002
Libertex competes very well in a crowded space in the forex brokerage industry. It has stood the test of time and provides an excellent service for its large number of loyal clients.
FAQ
Is Libertex regulated?
The Libertex entity operating within the EEA area and in Switzerland complies with the regulatory provisions laid down by CySEC in Cyprus.
How do you sign up with Libertex?
It is easy to sign up with Libertex. A single email and password will afford access to the firm’s demo trading platform. To trade, you will need to fund your account and submit your identity verification documents as prescribed by international law. Approval can come quickly or in 1 to 3 days if there is a problem.
Does Libertex offer any bonuses?
No, bonuses are not allowed according to CySEC requirements.
Is Libertex suitable for beginners?
If you are a beginner you would like to can access an extensive learning educational materials, then Libertex may not meet your needs. It provides educational videos, market articles, a YouTube channel, and FAQ-type answers to several questions for newcomers to the arena of retail CFD trading.
Risk Disclaimer
Trading CFDs involves substantial risk of loss and may not be suitable for all investors. Trading such high-risk financial contracts may result in the loss of all the client’s invested capital. 77.7% of retail investors lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and can afford to take the high risk of losing your money.
This risk disclosure statement cannot and does not disclose all the risks associated with services offered by the company. This notice aims to inform clients about trading and non-trading risks which may take place while investing in the highly speculative CFD market and using the company’s services.
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If you are looking for a reputable broker with significant industry experience, then Libertex may be the broker for you. Part of the Libertex Group, founded in 1997, Libertex is an online stock and CFD trading broker and the brand has more than 20 years of financial market and online trading experience.It has expanded its customer base millions clients in different countries. During its many years of serving the investing and trading public, it has received over 40 prestigious international awards for its outstanding innovation, customer service, and advanced technological solutions, most recently being named the “Best CFD Broker in Europe”.
