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73.77% of retail investor accounts lose money when trading CFDs with this provider.

Libertex Review 2024

8.17/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • 100 EUR
Trading platform:
  • MT4
  • MT5
  • Libertex
Regulation:
  • CySEC
Foundation year:
  • 1997
Updated:
8.17/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • 100 EUR
Trading platform:
  • MT4
  • MT5
  • Libertex
Regulation:
  • CySEC
Foundation year:
  • 1997
453*
people picked this broker on the Traders Union website over the last 3 months
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Libertex isn't available in United States
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Our Evaluation of Libertex

8.17/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

Libertex is one of the top brokers in the financial market with the TU Overall Score of 8.17 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Libertex clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company.

Libertex is a reputable broker. It would be worthwhile to look at the platform as a technical solution. It will appeal to those who can not imagine their life without gadgets and are eager to keep up with the time.

Brief Look at Libertex

Libertex is an online broker that provides access to trading CFDs on stocks, commodities, cryptocurrencies, and more. The company has been in the market for over 10 years. One of the advantages and distinctive features of the broker is its proprietary web trading platform with non-standard functionality designed for novice traders. It features a user-friendly interface, high information content, and advanced technical functionality.

Advantages of trading with Libertex:
  • fast registration process;
  • usability of the platform. It has a user-friendly interface for trading online on a PC or laptop as well as other devices;
  • more than 300+ CFDs on stocks, precious metals, oil and gas, indices, cryptocurrencies - almost all popular trading underlying assets in one platform;
  • tight spreads;
  • investment account providing for investing in real stocks without commission fees.
Disadvantages of Libertex:
  • Libertex accounts have fees subject to the underlying asset. For example, a 0.0005% fee is charged on Forex CFD.
  • No proprietary technological solutions for passive investing.
  • Libertex is available only in the web version and mobile app which doesn’t allow adding custom indicators and advisors. Algorithmic trading is not available.

TU Expert Advice

Anton Kharitonov

Financial expert and analyst at Traders Union

Libertex is a broker that provides for trading CFDs on stocks, currencies, cryptocurrencies, and commodities in the EEA area and in Switzerland. The company promotes the Libertex platform, which is adapted for novice traders. The approach to calculating lot and pip value is simplified (instead of lots, the trade amount is displayed in fiat currency), statistics are displayed on the percentage change in price per day, underlying asset filters are displayed on the panel by the level of volatility and profitability for 30 days, etc. Although trading using advisors is not available, for novice traders, Libertex platform is a user-friendly tool to learn about trading.

The broker’s advantages are the transparency and flexibility of its fee policy. On a demo account you can see the current prices and spread for each underlying asset even without verification. There is no need to go into the specification for each underlying asset or print fees from tariff conditions, as upon opening a trade in the Libertex platform, you immediately see fees for each underlying asset. Are you a novice trader and haven't chosen a broker yet? I recommend discovering Libertex by trying to open trades on a demo account.

Trade with this broker, if:
  • You are interested in cryptocurrencies. Libertex offers several dozen cryptocurrency pairs, including with fiat. All assets are traded with no fee, and spreads start as low as 0 pips.
  • You are open to both trading and cryptocurrency mining. The broker provides its own cryptocurrency mining application with a user-friendly interface, no contributions, and no fees. Coins obtained through this application can be used for trading immediately.
Do not trade with this broker, if:
  • Your goal is to earn passive income, not just through mining. While the broker offers various affiliate programs, they all require high online activity. Copy trading and joint accounts are not available.

Libertex Summary

Your capital is at risk.  73.77% of retail investor accounts lose money when trading CFDs with this provider.  CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.77% 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

💻 Trading platform: Libertex, МТ4, МТ5
📊 Accounts: Libertex (Demo, Real, Invest), МТ4 (Market, Market Pro), МТ5 (Market, Market Pro)
 Account currency: EUR, GBP, PLN, CHF
 Replenishment / Withdrawal: Bank cards electronic payment systems, Internet banking, bank transfers
🚀 Minimum deposit: 100 EUR
⚖️ Leverage: Up to 1:30 for retail clients
💼 PAMM-accounts: No
📈️ Min Order: 0,01 for MT platform, 20 eur for Libertex platform
💱 Spread: From 0.1 p
🔧 Instruments: 300+ CFDs on stocks, indices, commodities, metals, cryptocurrencies, ETFs, and commodities
💹 Margin Call / Stop Out: 50/50
🏛 Liquidity provider: MarketPlace
📱 Mobile trading: Yes
➕ Affiliate program: No
📋 Orders execution: Market Execution, Instant Execution.
⭐ Trading features: No
🎁 Contests and bonuses: No

Libertex has more than 300 underlying assets in its pool, including CFDs on ETFs, agricultural assets, and cryptocurrencies. The broker offers separate account types for investing in stocks with zero commission (market spreads apply). Minimum deposit for traders is €100 and leverage is up to 1:30 for retail clients.

Libertex Key Parameters Evaluation

Score:
8.24/10

Trading Account Opening

To start trading with Libertex you need to:

1

Register an account.

2

Follow the affiliate link to the website of the Libertex broker. On the main page, click "Open an Account".

Libertex Review - Open an account
Libertex Review - Open an account
Libertex Review - Open an account
3

Go through the authorization, indicating the information: your phone number that will be used as login, last name and first name, email address.

4

A code will be sent to the indicated phone number or email (at the trader’s choice) to confirm registration, which must be entered in the appropriate field.

Important: before replenishing an account, it is obligatory to pass verification.

The following functions are available:

  • Account funding:

Review of Libertex’s User Account - Account funding
Review of Libertex’s User Account - Account funding
  • Trade management:

Review of Libertex’s User Account - Trade management
Review of Libertex’s User Account - Trade management
  • Reviewing information on the trading instrument:

Review of Libertex’s User Account - Reviewing information on the trading instrument
Review of Libertex’s User Account - Reviewing information on the trading instrument

Other features of the Libertex’s user account combined with the trading platform are:

  • Filtering trading underlying assets by such criteria as the asset type, profitability, and uptrend/downtrend.

  • User account management.

  • History and statistics on closed trades.

  • Statistics on financial operations.

Score:
7.24/10

Regulation and Safety

Information

Libertex is regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) under license CIF No. 164/12.

Advantages

  • OTC Market Transparency
  • Tracking and regulation of relations between participants
  • Reducing the risk of fraud: the presence of a "black list" of unscrupulous brokerage companies

Disadvantages

  • In some cases, claims requiring moral compensation are not considered.
Score:
9.71/10

Commissions & Fees

Information
TU experts have analyzed Libertex trading conditions. The broker's fee policy is flexible, that is spreads are charged on all account types, and fees in the form of percentage of the trade amount are charged on some account types.
Account type Spread (minimum value) Withdrawal commission
Libertex Real From 0.1% Yes (PayPal or Skrill – No)
МТ4, МТ5 Market From 0.1% Yes (PayPal or Skrill – No)
МТ5 Instant From 0.1% Yes (PayPal or Skrill – No)

A comparative analysis of the trade commissions in Libertex with similar indicators of competitors was performed. Based on the comparison, each broker by this criterion was assigned a level from low to high.

Broker Average commission Level
From 0.0003%
Low
$1
Medium
$8.5
High
Score:
7.93/10

Account Types

Account types:

Account Type
Description
Libertex Real
It is an account for the Libertex platorm. Leverage is up to 1:30 for retail clients, commission fee is from 0.0003% (for example, the commission fee for currency pairs CFDs is 0.005%), and spread is from 0.1 pips. Market execution. Trade volume is indicated in account currency
Libertex Invest
It is an account type for zero commission fee securities trading on the Libertex platform. Investors pay only markets spread
МТ4, МТ5 (Libertex EU)
It is an account type for corresponding platforms. Minimum trade is 0.01 lot.

There is a demo account for discovering the Libertex platforms’ functionality, testing strategies, and gaining experience. It is free and requires no verification upon registration.

Score:
8.56/10

Deposit and Withdrawal

  • Deposit options include Neteller, eService, PayPal, BLIK, GiroPay, Przelewy24 (Poland), Multibanco (Portugal), Skrill, Paysafecard, Sofort, Trustly, iDeal, SEPA, Visa, and MasterCard.

  • Deposits are instant with zero fee. Exception is SEPA with a processing period of 3-5 business days.

  • Withdrawal options are PayPal, Skrill, Neteller, Visa, and MasterCard.

  • Withdrawals are processed within 24 hours, while withdrawals to Visa and MasterCard take up to 5 business days.

  • Withdrawal fee: PayPal and Skrill - no, Visa and Mastercard - €1, and Neteller - 1%, bank transfer -0.5% min 2 EUR, max 10 EUR.

Score:
7.41/10

Investment Options

At Libetex you may open an Invest Account to be able to invest in real shares. Nevertheless, the broker currently is focused on providing active CFD trading services and integrating auxiliary tools for making trading decisions into the platform. As an alternative, each trader can use the built-in MT4 and MT5 platforms from the MetaQuotes developer.

How it works:

  • Register on the Libertex website, download MT4 or MT5, open an account, and link it to the platform. Account details will be sent to your email address provided during registration.

  • Register on the MQL5 website. Link your MQL5 account in MT4 or MT5. It is available in the “Service/Settings/Communities” tab.

  • Fund your MQL5 account and account opened with Libertex.

Score:
8.32/10

Additional Trading Tools

In addition to trading platforms and their functionality, Libertex offers several useful tools.

  • Economic calendar. This is a list of main upcoming news and events having strong short- or long-term impact on the asset value. It can be filtered by country and importance of events.

Libertex’s Useful Tools - Economic calendar
Libertex’s Useful Tools - Economic calendar

Score:
9.24/10

Customer Support

Information

The broker provides traders customer support; however, you should not expect an instant response.

Advantages

  • Variety of communication methods
  • Multilingual communication

Disadvantages

  • Service speed

Customers can contact Libertex specialists in several ways:

  • telephone;

  • email;

  • online chat;

Contacts

Foundation date 1997
Headquarters address 10 Agiou Athanasiou, Ksenos building, Floors 6 and 7, 4105, Limassol, Cyprus
Regulation CySEC Licence number:
164/12
Official site https://libertex.com/
Contacts
+357 22 025 100
Score:
6.16/10

Education

Information

Analytical and educational sections have been created on the official website, where a trader can find useful materials in video format on how to use the platform, open an account, and analyze the market.

Information available in the “Education” section:
Information not available on the Libertex website:
Basics of trading for novice traders.
Reviews of indicators, strategies, and expert advisors.
Webinars on technical and fundamental market analyses.
The psychology of trading.
Separate sections: Economic calendar and FAQs.

Each of these tools can be tested on a demo (free) account.

Comparison of Libertex with other Brokers

Libertex RoboForex Eightcap Exness Pocket Option Vantage Markets
Trading
platform
Libertex, MT5, MT4 MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader MT4, MT5 Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 Pocket Option, MT5, MT4 MT4, MT5, WebTrader, Mobile Apps
Min deposit 100 $10 $100 $10 $5 $50
Leverage From 1:1
to 1:30
for retail clients
From 1:1
to 1:2000
From 1:30
to 1:500
From 1:1
to 1:2000
From 1:1
to 1:1000
From 1:1
to 1:500
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0.1 points From 0 points From 0 points From 1 point From 1.2 point From 0 points
Level of margin call
/ stop out
50%  /  50% 60%  /  40% 80%  /  50% No  /  60% 30%  /  50% 100%  /  50%
Execution of orders Market Execution, Instant Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution Market Execution
No deposit bonus No No No No No No
Cent accounts No Yes No No No No

Detailed Review of Libertex

Libertex is an online CFD and trading broker which is regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12. Libertex platform is available in web and mobile versions for devices operating on iOS and Android. Also, trading through MT4 and MT5 is available.

Libertex is one of the best brokers for a novice trader and a professional.

The program from Libertex broker has a clear interface.

The available leverage for retail clients is up to 1:30.

Libertex charges tight spreads.

The quote chart provided on the Libertex platform includes time frames as well as a convenient scaling function. There is a comfortable service allowing you to change the display format of the underlying asset value. It can be represented as a line, Japanese candlesticks, or a zone. In general, it is quite informative.

Libertex offers over 45 indicators. Also, the basic necessary tools for analysis are built into the terminal.

The Libertex Trading Platform is updated regularly. Libertex is now a worthy competitor in the financial markets offering both MT4 and MT5 preferred by the majority of traders globally.

As for the withdrawal of funds, here is the standard set: electronic wallets, bank accounts, and cards.

Trading terminals and services of Libertex:

  • Libertex - a unique platform that allows you to trade from mobile devices, laptops, or desktop PCs. It is compatible with devices running OS such as Android and iOS, macOS, and Windows. This is a single trading platform, which has no analogs yet;

  • On the site of the platform’s creators you can also find useful analytical materials that might help increase the efficiency of trading operations.

Advantages:

1

usability of the platform: there are versions for PC, mobile devices and a web option;

2

over 300+ trading underlying assets;

3

variable transaction fees.

Check out our reviews of other companies as well

Team that worked on the article

Open an account
Your capital is at risk. 73.77% of retail investor