Review:Regulation:Assets:Min. Deposit:Min. Spread:
5 out of 5 stars (5 / 5)CySEC200+ $100No Spreads

Libertex Logo

As traders, we want to secure our funds and investments by choosing a trustworthy broker. The CFD broker Libertex claims to be one of the most reliable brokers in the trading industry. Is this broker as good as it says it is? Should we risk and trust this broker for our investments? Let’s find out together in this detailed review based on our experience with this broker.

Libertex Official Website

Libertex Official Website

Regulation and Security of customer funds
Professional Customer Support
Good Trading Conditions

What is Libertex? – The company presented

Libertex is one of the oldest brokers in the trading industry that is operating online. This broker has been in operation since 1997. It is a European CFD Broker that was founded in Cyprus and been operating internationally and has more than 2 million private customers. Libertex offers trading in leveraged derivatives. The main office is in Iacovou Tompazi 1, Vashiotis Business Center, 1st Floor Office 101, Neapoli 3107, Limassol, Cyprus.

With its own trading platform and business model, Libertex has a large regular customer base. It has won more than 30 international awards since it started its operations. The CEO of this company is German and his name is Michael Geiger. We have reviewed this broker and it gave us a good impression. The company’s online operations, products, and services are quite impressive. Also, this broker is a sponsor of Valencia CF and Getafe CF clubs. Basically, this company is legitimately operating with the majority of European customers.

Libertex sponsorship

Libertex sponsorship

Facts about Libertex:

  • Founded in 1997
  • European broker (from Cyprus)
  • International broker but prefers European traders
  • Sponsor of Valencia CF and Getafe CF
  • Has more than 2.2 million traders
  • Has over 700 employees

(Risk warning: Your capital is at risk)

Is Libertex regulated? – Regulation and safety for customers

One most important thing a trader must remember is to make sure that the broker is regulated before putting any investment. This regulation is basically proof that the broker is operating legally and has passed the criteria to gain a license to be a legit trading broker. Please be aware that CFDs and other investment products are usually regulated in the EU and may only be sold to end customers by licensed providers.

Libertex is regulated and licensed by the Cyprus Securities and Exchange Commission (CySEC) number 164/12. This includes safe and separate storage of customer funds.

Libertex is regulated by CySEC

Libertex is regulated by CySEC

Libertex is regulated by the following:

  • Cyprus Securities and Exchange Commission (CySEC)

Financial Security

Trading with Libertex, we can say that your funds and investments are secured. This broker secure funds of the customer by separating the customers’ funds from the company’s own money. One more good thing about being regulated by a European regulator is that there is a deposit guarantee of up to € 20,000. Libertex can offer its products all over Europe. In addition, the platform of this broker is secure and is encrypted, so you do not need to worry about the security of your information shared with this company.

Summary of the regulation and financial security:

  • Regulated by a European Regulator
  • Separate storage of customers’ funds
  • Deposit guarantee up to € 20,000
  • Regulated payment methods
  • Platforms are secure and encrypted

Review of trading conditions for traders – trading without spread

You can invest in rising or falling prices with one lever with Libertex. The order mask gives you the opportunity to set the lever yourself.  The maximum leverage for private traders is 1:30 and for professional traders is 1:600. New customers can use a demo account with virtual funds of up to $/€ 50,000 to test the trading platform themselves. The minimum deposit for a live account is only $/€100.

Furthermore, Libertex has a wide range of tradable assets. More than 200 different markets are available with this broker. You can trade stocks, currencies, cryptocurrencies, and more. We think that Libertex endeavors in adding new and interesting markets to the platform.

Markets at Libertex

Markets at Libertex

The following markets are available at Libertex:

  • Cryptocurrencies
  • Indices
  • Oil and gas
  • Metals
  • Shares
  • Currencies (forex)
  • Agriculture
  • ETFs

This broker offers trading without BID and ASK spread.  There is one trade commission that must be paid per trade. Basically, this is how the broker earns money. The commission starts from 0.01% per position and depends on the position size. Libertex has developed its own platform developed – Libertex Web platform and Libertex Mobile App Platform. Also, the broker offers the MetaTrader 4 (MT4) Platform. These platforms will be discussed later on in this review.

Libertex trading without spread

Libertex trading without spread

We can say that Libertex is a good and fair broker due to its trading conditions for its traders. It has a lot of good points and advantages compared to there providers.

Facts about conditions for traders:

  • Free demo account with $/€50,000 virtual funds
  • The minimum deposit is $/€100
  • More than 200  different markets
  • No spreads
  • Commissions from 0.01%
  • Leverage maximum 1:30 (private) 1: 600 (professional)
  • Lever adjustable per position
  • Libertex Web Platform, Libertex Mobile (App) Platform and MetaTrader 4 (MT4)

(Risk warning: Your capital is at risk)

Test of the Libertex Trading Platforms

Libertex offers secure and competitive platforms. This broker has it’s own web platform and mobile (app) platform. Additionally, Libeterx has partnered with the popular MetaTrader 4 (MT4) Platform.

MetaTrader 4 Platform of Libertex

MetaTrader 4 Platform of Libertex

Libertex offers the following platforms:

  • Libertex Web Platform
  • Libertex Mobile (App) Platform
  • MetaTrader 4 (MT4)

Libertex  Web Platform

The Libertex Web Platform has over 10 different languages and offers traders a good overview of all functions. This platform enables traders to trade directly from a browser and doesn’t require downloading any software. You can have access to over 200 trading instruments and be able to trade with zero spreads. Libertex Web Platform has given a good impression to us due to its simplicity and convenience. It is user-friendly, has good indicators, and tables traders to manage their capital quickly and easily.

Libertex Web Platform

Libertex Web Platform

As you can see in the center of the picture of the Libertex  Web Platform, there is the chart and the current market. For better analysis, charts can also be shown on a full screen. You will find several tradable markets offered by Libetex on the search option. The tradable markets are on the left side, and on the right is the current positions or account balance. In our opinion, this Libertex Web Platform is quite impressive due to its well-improved charting that has been developed over the years. One more good thing about this platform is that it offers the traders extensive information over every asset. The news, signals and information section are published by Trading Central or Libertex itself.

Libertex  Mobile (App) Platform

Mobile trading is possible with Libertex through its Libertex Mobile (App) Platform. This platform is developed by Libertex and has the same functions the Libertex Web Platform offers. The only difference is that this platform requires download of the App. This App is available in AppStore for iOS and GooglePlay for Android. This is a hassle-free option for traders to trade wherever they are and whenever they want as long as connected to the internet.

Mobile (App) Trading with Libertex

MetaTrader 4 Platform

Libertex offers as well with one of the most popular professional trading platforms. This platform is MetaTrader 4 (MT4). It offers more than 43 currency pairs and 100 effective trading tools. This platform is free to download and is available on the official website of Libertex. It offers No Dealing Desk (NDD) option. MT4 is famous for its good indicators and good functions, and no wonder a good broker like Libertex chose this platform.

Libertex MetaTrader 4 (MT4) Platform

Libertex MetaTrader 4 (MT4) Platform

Facts about the platforms offered by Libertex:

  • Clear design
  • User-friendly. simple, and competitive platform
  • Suits any type of trader – beginner and/or professional
  • Fast market selection
  • Transparent position management
  • Secure
  • News, signals and other market information is available
  • Professional charting is possible
  • Has good indicators
  • Offers mobile trading

Professional charting and analysis is possible

Charting enables you to easily read and understand the movements of the markets. It also keeps you on track of the historical prices of the market. Libertex offers extensive charting for every asset to its traders. Also, there is an option to make the chart in full-screen mode, which carries out a professional analysis. This broker has numerous free indicators and drawing tools. Usually, chart analysis is the most important tool in getting successful trades.

Libertex Charting

Libertex Charting

Libertex has used the design of one of the best charting platforms for traders. This design is from Tradingview.com. Almost every indicator and every tool are available on this platform. Additionally. all the tools can be independently adapted to the chart or the trading strategy. Depending on the method, you can select different chart displays and time units for the analysis. The software from Libertex is very user-friendly. Therefore, we think that this is a good tool for trading and is well-organized.

Libertex Trading Tutorial: How to trade

Knowing how to trade and knowing how trading works is obviously very essential in the trading industry. Before going live, one must know first how to execute a trade. Libertex has a user-friendly order mask. This is one more good thing about this broker. You can make any setting you prefer before opening any position.

First, you have to select a market you want to trade on. Second, choose the trading amount (margin or security deposit). The multiplier is adjustable (this is optional). Then, check possible trading fees. Afterward, secure the position with a stop loss and take profit.

The commission (fee) is also shown to the trader transparently by the broker before each transaction.

Opening an order with Libertex

Opening an order with Libertex

Step by step tutorial:

  1. Select a market you want to trade
  2. Choose the trading amount (margin or security deposit)
  3. The multiplier is adjustable (this is optional)
  4. Check possible trading fees
  5. Select a stop loss and take profit
  6. Invest in rising and falling prices

Free Libertex Demo Account

Libertex demo account is free and has €50,000 virtual funds with it. We highly recommend for you to get a demo account first before trading live to avoid unintended trading executions. Also, this is due to the fact that trading requires skills. It is best to practice and enhancing your trading skills first especially if you are new in the trading industry. A demo account will help you a lot with your markets analyzation skills, strategies, and trading decisions. The demo account is available on all platforms offered by Libertex.

How to open your account

Opening an account with Libertex is very easy and fast. All you need is to give in your email address and create a password to gain access to the trading platform of Libertex. After the registration, an email confirmation will be sent to your email. After that, you can already use the platform and try all the functions of it in the free demo account.

Register an account with Libertex

Register an account with Libertex

When you decide to trade live and not demo, you can fund your account directly and the minimum deposit is  €100 with no fees. We would recommend for you to fully verify first your account before proceeding in trading real money for security. If you deposit funds without verifying the account and later have problems with verification, there might be difficulty in the withdrawal of funds. As much as possible, we would like to avoid that. So it is best to verify the account right away.

(Risk warning: Your capital is at risk)

Reviews of deposit and withdrawal

Processing deposits and withdrawals with Libertex are quite easy and fast as opening an account. There are several payment methods you can use in funding your Libertex account and four types of payment methods in withdrawing them. The minimum deposit is €100 with no extra fees charge with it. Payments are very fast processed with this broker and the steps as well are very simple.

All payments methods used for depositing funds are absolutely free with Libertex. There are payment methods that instantly process your funds. However, it depends on what type of payment method used. Usually, the maximum processing time takes only 3 days with Libertex.

Deposits and Withdrawals at Libertex

Deposits and Withdrawals at Libertex

Payment methods that can be used for deposits:

  • Debit/credit cards
  • Bank Transfer
  • Sofort
  • SEPA/International bank wire
  • Trustly
  • GiroPay
  • RapidTransfer
  • Skrill
  • Neteller
  • P24
  • iDEAL
  • Multibanco
  • Rapid Transfer
  • Teleingreso (Voucher)
  • Neosurf (Voucher)

For withdrawals, some small fees may be charged, but still manageable.

Here is a detailed illustration of the fees for withdrawals:

Withdrawal Method:Fee:
Debit/credit card€1
SkrillFree
Neteller1%
Bank Transfer0,5% min. €2, max. €10

Payment methods that can be used for withdrawals:

  • Credit/debit cards
  • Skrill
  • SEPA/International bank wire
  • Neteller

Fees and costs for Libertex traders

One more thing to look forward to when trading with Libertex is that deposits are free and there is no account management fee. For withdrawals, there is a possible charge depending on what type of payment method used. Usually, this fee is just a small fee and is manageable.  This broker is financed by trade commissions per trade. This starts at 0.001% and depends on the market traded. Since that Libertex is a CFD broker, please be informed that CFDs are leverages assets. With this said, there is an overnight financing fee that may apply if you use a lever, but still, depending on the market and position size.

In our opinion, Libertex is one of the brokers in the trading industry that is inexpensive. There are also no hidden fees and the broker is very transparent with regards to the fees to its customers.

Facts about fees and costs:

  • The minimum deposit is $/€100
  • No deposit fee
  • No account management fee
  • No spreads
  • Commission fee per trade from 0.001%
  • Withdrawal fees may apply depending on what payment method used

Support and service of Libertex

Reliable customer support is very important to each and every trader. As traders, we want to choose a broker that is easy to reach and quick to respond. The channels offered by the broker for customer support are also one thing we look at a broker. Libertex operates 24 hours a day, 5 days a week. This support is available on the phone, chat, and email. Additionally, there are social media channels that you can reach Libertex. This is through WhatsApp and Facebook. The support is also available in 10 languages.

Support:Languages:Methods:Phone:Email:
24/5More than 10 languagesTelephone, email, chat, WhatsApp, Facebook+357 22 025 100[email protected]

Additionally, Libertex offers a wide range of advanced educational materials such as training courses for every trader. These programs are suitable for any type of trader – whether beginner or professional. These training programs are available in 55 different languages. Also, there is Frequently Ask Questions (FAQs) Section on the website of the broker itself that you will surely find useful and helpful.

Plus, Libertex has a large knowledge base. Please see the image below:

Customer support portal of Libertex

Customer support portal of Libertex

We can say that Libertex is a broker that cares a lot to its traders and gives a lot of ways to show their support to their customers through their customer support products and services. Also, there are live webinars that customers can benefit from. How great is that? We think Libertex as a broker is reliable and good support to any trader.

Facts about support:

  • 24/5 support
  • Available over 10 languages
  • FAQs
  • Free educational materials – Video courses
  • Webinars
  • Reliable support and professional agents

Conclusion of the review: Libertex is a legit CFD Broker

We can say that this CFD broker has much to offer compared to other trading providers. It is fully regulated and is a sponsor of a football club. Libertex has more than 200 available markets to trade on. This includes 50 different cryptocurrencies, 27 countries covered, and has more than 2 million clients worldwide. It has won more than 30 international awards since it started its operations for over 20 years.

Traders who choose Libertex as their broker have definitely a lot of choices. We think that this broker has a really good policy on charging fees. It is an advantage that this broker doesn’t charge any fee for deposits and has minor charges for withdrawal that are very manageable. The platform is also impressive and is well-designed. It is user-friendly, simple, yet very competitive.

We recommend this broker due to is excellent in giving various choices to its traders, low trading fees, great support to its clients, and being a reliable and trustworthy broker.

Libertex is a trusted CFD Broker

Advantages:

  • The minimum deposit is $/€100
  • Offers free demo account with $/€50,000 virtual funds
  • More than 20 years on the market since 1997
  • more than 200 different markets
  • Multifunctional and user-friendly platform
  • Over 10 different languages 24/5 customer support
  • No deposit fees and low trading fees
  • Offers several cryptocurrencies
  • Reliable and trust-worthy broker

Libertex shows us strong experience in CFD Trading. It is a user-friendly platform with low trading fees. 5 out of 5 stars (5 / 5)

(Risk warning: Your capital is at risk)