Security of funds
20 years of experience in the trading industry
As a fully regulated online broker with over 20 years of experience in the industry, it is safe to say that Libertex is a strong and reliable brand. With over 200 systems to choose from, it is a perfect choice for those who want to do business in various industries.
With over 30 industry awards, Libertex is without a doubt a reliable trading platform. As a market maker, Libertex removes you from the other end of the transaction. Unlike spreads, it only charges commissions.
Libertex allows users to access their own unique trading platform. It is fully online and you don’t need to download it.
The Libertex platform has a simple interface that works properly and works normally in any browser, making trading as easy as possible.
The fast editing time (essential for daily traders) makes the Libertex platform one of the most used platforms in the world and can help users gain a competitive advantage.
While many brokers use existing platforms (such as MT4 or MT5), Libertex has taken the trouble to develop a user-friendly interface. This website can be adapted to the needs of retailers.
However, they have also integrated their services into Metatrader. In addition to its own customized platform, there is also a Metatrader 4 platform for traders who like this program.
Assets, markets and spreads
Libertex offers users the ability to trade in the following markets. However, we should notice that the tools you can use vary depending on your country:
- 49 currency pairs
- 100 shares
- 41 cryptocurrencies
- 5 metals
- 18 indices
- 6 agricultural financial assets
- 5 instruments for the oil and gas
- 10 ETFS
As the first company in the sector, Libertex decided to charge only commissions for commercial transactions. No spreads are calculated.
The commission charged may vary depending on the asset and the transaction. For some of the most popular currency pairs, such as EURUSD, the average commission is around 0.008%.
The commission can vary between 0.47% and 2.5% for crypto-currency pairs,.
For stocks, the commission is between 0.1% and 0.2%. Finally, it is worth reading the terms and conditions for more information on how commission rates change and how these changes are affected.
Libertex membership is free and there are no monthly transaction fees. The only fees associated with trading are the commissions mentioned above.
Deposits and withdrawals are free, so there are no hidden fees.
The Libertex platform is accessible via special mobile applications for iOS and Android devices. These can be easily downloaded from the Apple App Store or Google Play Store.
Users can also install the application directly from the Libertex website. Android and iOS applications are updated regularly for security reasons and to improve usability.
From a design point of view, the application is clean and user-friendly, with simple order placement, the ability to pre-order, a stop-loss function, live quotes and profit taking.
Technical analysis is available free of charge, as well as recommendations and trade signals to support mobile traders. News from major financial news sites are streamed directly into the application.
An innovative feature of the Libertex application is the ability to switch from demo mode to a live account with a single click on the screen.
Libertex customer service
Reliable customer service is very important. As a trader, we want to choose a broker that is easy to access and responsive. Libertex works 24 hours a day, 5 days a week. Support is available by phone, chat and e-mail. In addition, there are social network channels to contact Libertex such as WhatsApp or Facebook. It also provides support in 10 languages.
Safety and security
Libertex introduces segregation of client funds, which means that if the company encounters financial difficulties, traders can ensure that their funds will remain segregated and protected under the laws of the Cyprus Securities and Exchange Commission.
Plus, Libertex also contributes to the Investor Compensation Fund (ICF), which can pay up to £20,000 in trader deposits in the event of bankruptcy.
In addition to protecting funds, Libertex also uses 128-bit Secure Sockets Layer (SSL) encryption, so users can be assured that their personal information will not be damaged.
For security reasons, Android and iOS applications are also updated regularly.
Conclusion: What we think of Libertex
It can be said that compared to other trading providers, Libertex can provide many services. It is fully regulated and is a sponsor of the Valencia soccer club.
Libertex has more than 200 trading markets. These include 50 different crypto-currencies, covering 27 countries/regions, and more than 2 million customers worldwide. It has been in operation for more than 20 years and has won more than 30 international awards.
Traders who choose Libertex as their broker certainly have many options. We believe that the broker has a very good pricing policy. The advantage of this broker is that it does not charge a deposit and the withdrawal fees are very low, which is easy to manage. The platform is also impressive and well designed. It is user-friendly, simple, but very competitive.
We recommend Libertex for its excellent performance in providing traders with a variety of options, low transaction fees, excellent customer support and for being a reliable and trustworthy broker.
Libertex is a multi-value platform providing equity and crypto-money investments and CFD trading activities.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% 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.
Cryptocurrency is a volatile instrument that can fluctuate significantly over a short period of time, so it is not suitable for all investors. With the exception of CFDs, trading in crypto-money is not regulated and is therefore not subject to any EU regulatory framework.