How to Make Money on Libertex: A Full Guide
Libertex has been operating since 1997 and is regulated by the Cyprus Securities and Exchange Commission CySEC (license number: CIF 164/12). The company offers traders the opportunity to trade CFDs on currencies, stocks, commodities, and cryptocurrencies. Libertex positions itself as a multinational brand that collaborates with users from 120 countries. Currently, the project boasts more than 3 million satisfied customers and has received 40 international awards from financial magazines and institutions.
One of the main advantages of Libertex is the innovative trading platform developed by the broker's team, which features a user-friendly and intuitive interface. The broker also provides traders with a large number of training materials, regular analytics, and multilingual support.
In this article, Traders Union experts have delved into how to make money on Libertex and the parameters that should guide you when choosing a strategy to increase your startup capital.
How to make money on Libertex?
Libertex offers a wide range of ideas for earning money. On the platform you can trade Forex and CFDs, participate in the affiliate program and receive bonuses for each activity.
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Is Libertex a good broker?
According to reviews on Traders Union, Libertex is a progressive and trustworthy broker. The company promises traders tight spreads and attractive commissions, a wide range of the most popular payment systems, data protection with the help of leading security protocols, first-class technologies and a convenient terminal.
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Does Libertex pay or not?
Libertex pays traders their earnings promptly. To withdraw profits, the broker offers to use credit and debit cards, electronic payment systems, Internet banking and bank transfers. Withdrawal requests are processed within 24 hours, and withdrawal of funds to Visa and MasterCard cards takes up to 5 working days. Withdrawal fees depend on the chosen payment method: for example, Visa and MasterCard charge €1 and Neteller charges 1% of the amount.
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What are Libertex fees?
Libertex does not charge any fees for account opening, deposit and withdrawal. The commission for account maintenance is fixed and amounts to 0.03%. The broker also charges a penalty for inactivity - $5 per month after 180 days of inactivity.
Top ideas on how to make money on Libertex
On its official website Libertex gives traders at least 2 reasons to cooperate with it - spreads from 0 pips and leverage up to 1:999. Below we have described the most popular ideas for making money on Libertex.
Forex trading
The company provides traders with a variety of major, cross and exotic currency pairs. In addition to the classic MT4 and MT5 platforms, the broker offers depositors its unique author's terminal, which allows trading both from a computer and from mobile devices.
After registration, traders have at their disposal several types of accounts with minimum deposit from 100 euros, commission from 0.0003%, market execution of orders, spreads from 0.1 pip, leverage for retail clients from 1:1 to 1:30 and minimum transaction volume from 0.01 lot.
You can also use a demo account to familiarize yourself with the platform's functionality. Libertex provides an economic calendar and several educational resources as auxiliary tools.
Investing in more than 300+ CFDs in stocks, metals, cryptocurrencies
Libertex promises traders quite a wide range of assets for trading. You will be able to speculate with CFDs on the highest volatility stocks, the best performing stock indices (from the US SP500 to the Israeli TA35), precious metals including gold and silver, commodities, etc.
For this purpose, the broker offers to use Libertex Portfolio (a new type of account that allows you to invest in stocks with zero swap and commission) and Libertex CFD (a traditional trading account for buying and selling digital assets, oil, gold, stock indices and other financial products).
The advantages of Libertex Portfolio tariff are the absence of commissions per transaction and for inactivity, as well as the absence of forced take profits and stop losses. The main feature of the Libertex CFD tariff is high leverage - up to 1:999.
Affiliate program
Another option to earn money is to join the Libertex affiliate program. To do this, you must create an account, talk about the advantages of cooperation with the company using your social networks and share your affiliate link (the broker provides all the necessary advertising materials: banners, widgets, etc.). Each user who registers on the site using your referral link will bring you a guaranteed commission.
Libertex promises unlimited earning potential, efficient and reliable payments, accurate statistics in your personal cabinet, favorable commissions (up to $1,200) and a wide range of multilingual promotional materials - from landing pages to text materials.
Bonuses
There are several bonus options available on the mediator's resource:
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100% welcome bonus. To get it, you need to open an account and make your first deposit. After that, the broker will automatically credit you with the reward, which you can use to open transactions. The minimum deposit amount to get the bonus is 100 dollars.
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Loyalty program. Loyalty status is assigned to traders for trading activity and provides them with a lot of advantages: the ability to change leverage for open trades, VIP manager support, customized trading conditions.
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Crypto-mining. The broker claims to provide users with the opportunity to receive Bitcoins every 4 hours using cryptocurrency mining software built into the application. Libertex promises zero risks and does not require any initial payment. To start mining Bitcoins, you must register, activate your account and find the virtual miner page, click on the "Mining" button.
What is the minimum deposit on Libertex?
Libertex offers traders a low minimum deposit, which distinguishes it from its competitors. The required Libertex minimum deposit is just 100 euros.
Is it possible to earn $1,000 per month on Libertex?
Earning $1,000 or more monthly on Libertex is a very realistic goal even for a beginner trader. Here are a few recommendations to assist you:
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Join the Libertex affiliate program. If you have social media accounts that you actively maintain, a website or a blog, then the broker's affiliate program is an ideal option for additional income. All you need is to tell about the advantages of cooperation with the project and share a unique referral link with users.
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Try Forex and CFD trading. The company provides traders with flexible conditions. To start trading, you need to register and deposit your balance from 100 euros/dollars (Libertex also has a 100% welcome bonus, so you will double your capital in any case). Libertex provides several tariffs to choose from, promising spreads from 0 pips and quite wide leverage. With MT4, MT5 terminals and the holding company's proprietary software, you can trade both currency pairs and CFDs on the most popular stocks, indices, commodities, precious metals and digital assets.
How to choose the best way to make money on Libertex
When choosing the most suitable way to make money on Libertex, proceed from your trading experience, as well as your level of knowledge, risk tolerance, financial goals and the size of your starting capital. The last point has one of the decisive values: invest in the platform exactly as much as you are ready to lose money.
To begin with, analyze the trading conditions of Libertex, namely: minimum deposit, commissions, tariff plans, leverage, availability of training materials, etc. To get acquainted with the broker's offers and at the same time test your trading strategy, start your way by creating a demo account. Moreover, such an option is available on Libertex.
For example, if you are a beginner and are not ready to invest large sums at the start, try to start with an affiliate program. By inviting new clients to the platform through a referral link, you will receive a commission. In this case, the size of your earnings will fully depend on your efforts and the number of invited users.
Libertex offers the opportunity to trade with leverage to those who want to significantly increase their capital. However, the use of leverage is dangerous, as this tool increases not only profits, but also risks.
Does Libertex pay?
Experts have clarified the question: “Is Libertex safe?". Libertex, a regulated broker, is trusted by over 3 million investors globally. The activities of the intermediary are licensed by a reputable international public law institution - the Cyprus Securities and Exchange Commission, which once again confirms its reliability.
In reviews, users write that Libertex never delays profit payments and does not charge any additional commissions. To deposit funds, traders are allowed to use: Neteller, eService, PayPal, BLIK, GiroPay, Przelewy24 (Poland), Multibanco (Portugal), Skrill, Paysafecard, Sofort, Trustly, iDeal, SEPA, Visa and MasterCard. The list of payment methods for withdrawals is limited to PayPal, Skrill, Neteller, Visa and MasterCard. Transaction requests are processed within a day.
The commission amount varies based on the selected method. For example, for a bank transfer you will pay 0.5% of the amount (maximum - 10 dollars), and for the withdrawal of profits with the help of cards - 1 euro.
Team that worked on the article
Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses that want to improve their Google search rankings to compete with their competition. With expertise in search engine optimization (SEO) and content marketing, he ensures his work is both informative and impactful.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).