Libertex review and test – Is it a good choice to trade?

Underlying Assets:
Min. Deposit:
5 out of 5 stars (5 / 5)
Tight spreads
Libertex Logo

The CFD broker Libertex claims to be one of the most popular 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

What is Libertex? – The company presented:

Libertex is one of the most experienced brokers in the trading industry that is operating online and is a member of Libertex Group that founded in 1997. Libertex is a CFD Broker is based in Cyprus and has more than 2 million customers. Libertex offers trading in Contract For Difference. The companies main office is at 116 Gladstonos Street, Michael Kyprianou building, 1st Floor, Limassol 3032, Cyprus.

Libertex platform has a large regular customer base and it has won more than 40 international awards. We have reviewed this broker and it gave us a good impression. The company’s online operations, products, and services are quite impressive. Basically, this company is legitimately operating with the majority of customers within the EEA area.

Facts about Libertex:

  • Member of Libertex Group founded in 1997
  • A broker regulated by CySEC
  • Has more than 2.2 million traders

(Risk warning: 70.8% of retail investor accounts lose money when trading CFDs with this provider.)

Is Libertex regulated? – Regulation of the broker

One most important thing a trader must remember is to make sure that the broker is regulated before trading. 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 trading products are usually regulated in the EU and may only be offered to end customers by licensed providers.

This broker keeps the funds of the customer separately from the company’s own money. Libertex can offer its products within the EEA area and in Switzerland. In addition, the platform of this broker 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 CySEC
  • Separate storage of customers’ funds
  • Regulated payment methods
  • Platforms are encrypted

(Risk warning: 70.8% of retail investor accounts lose money when trading CFDs with this provider.)

Review of trading conditions for traders – Trading CFDs with tight spread

You can trade on both in rising or falling prices with with Libertex. The maximum leverage for private traders is up to 1:30 and it varies according the underlying asset. All 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 underlying assets. More than 250 different underlying assets are available with this broker. You can trade CFDs on stocks, currencies, cryptocurrencies, and more. We think that Libertex endeavors in adding new and interesting underlying assets to the platform.

The following CFDs are available at Libertex:

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

There is one trade commission that must be paid per trade. Basically, this is how the broker earns money. The commission starts from 0.0003% per position and depends on the position size. Libertex has developed its own platform – the Libertex Web platform and Libertex Mobile App Platform. Also, the broker offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) Platform. These platforms will be discussed later on in this review.

Libertex trading without spread
Libertex trading with tight 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 its providers.

Facts about conditions for traders:

  • Free demo account with €50,000 virtual funds
  • The minimum deposit is €100
  • More than 250 different underlying assets
  • Tight spreads
  • Commissions from 0.0003%
  • Leverage maximum up to 1:30 (private)
  • Libertex Web Platform, Libertex Mobile (App) Platform and MetaTrader 4 (MT4), MetaTrader 5(MT5)

(Risk warning: 70.8% of retail investor accounts lose money when trading CFDs with this provider.)

Test of the Libertex trading platforms

Libertex offers professional and competitive platforms. This broker has its own web platform and mobile (app) platform. Additionally, Libertex has partnered with the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) Platform.

MetaTrader 4 Plattform for Libertex
MetaTrader 4 Plattform for Libertex

Libertex offers the following platforms:

  • Libertex Web Platform
  • Libertex Mobile (App) Platform
  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)

Libertex Web-Platform

The Libertex Web Platform has 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 250 underlying assets and be able to trade CFDs with tight spreads. Libertex Web Platform has given a good impression to us due to its user-friendly interface. It has good indicators, and tables traders to manage their capital.

Libertex web platform (illustrative prices)

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 are the current positions or account balances. 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 traders extensive information on every underlying asset. The news and information section are published by Libertex.

(Risk warning: 70.8% of retail investor accounts lose money when trading CFDs with this provider.)

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 a 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
Mobile (App) Trading with Libertex

(Risk warning: 70.8% of retail investor accounts lose money when trading CFDs with this provider.)

MetaTrader 4 platform

Libertex offers as well one of the most popular professional trading platforms. This platform is MetaTrader 4 (MT4). It offers CFD on 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 a 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) Plattform
Libertex MetaTrader 4 (MT4) Plattform

Facts about the platforms offered by Libertex:

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

(Risk warning: 70.8% of retail investor accounts lose money when trading CFDs with this provider.)

Charting and analysis is possible

Charting enables you to read the movements of the markets. It also keeps you on track with the historical prices of the market. Libertex offers extensive charting for every underlying 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 used trades.

Libertex Charting
Libertex Charting

Libertex has used the design of one of the best charting platforms for traders. This design is from 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 underlying asset you want to trade. Second, choose the trading amount (margin or security deposit). The multiplier is by default. 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 by default
  4. Check possible trading fees
  5. Select a stop loss and take profit
  6. Bet on in rising and falling prices

(Risk warning: 70.8% of retail investor accounts lose money when trading CFDs with this provider.)

Free Libertex demo account

Libertex demo account is free and has €50,000 virtual funds with it. We highly recommend for you 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 enhance your trading skills first especially if you are new in the trading industry. A demo account will help you a lot with your market analysis 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 in the free demo account.

Account opening on 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 complete the verification of your account before proceeding with 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: 70.8% of retail investor accounts lose money when trading CFDs with this provider.)

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 for withdrawing them. The minimum deposit is €100 with no extra fees charged it. Payments are very fast processed with this broker.

All payment 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 is used. Usually, the maximum processing time takes only 3 days with Libertex.

Deposits and Withdrawals at Libertex
Deposits and Withdrawals at Libertex

(Risk warning: 70.8% of retail investor accounts lose money when trading CFDs with this provider.)

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)

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

Here is a detailed illustration of the fees for withdrawals:

Debit/credit card
Skrill, PayPal
Bank Transfer
0,5% min. €2, max. €10

Payment methods that can be used for withdrawals:

  • Credit/debit cards
  • Skrill, PayPal
  • 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 is used. Usually, this fee is just a small fee and is manageable.  This broker is financed by trade commissions per trade. This starts at 0.003% 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 regard to the fees to its customers.

*If the Client’s Account is inactive for 180 calendar days (i.e. there is no trading, no open positions, no withdrawals or deposits), the Company reserves the right to charge an account maintenance fee of 10 EUR per month. (Applies to clients with a total account balance of fewer than 5000 euros).

Facts about fees and costs:

  • The minimum deposit is €100
  • No deposit fee
  • No account management fee (except 180 days of inactivity)
  • Tight spreads
  • Commission fee per trade from 0.003%
  • Withdrawal fees may apply depending on what payment method used

(Risk warning: 70.8% of retail investor accounts lose money when trading CFDs with this provider.)

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 to. The channels offered by the broker for customer support are also one thing we look at a broker. Libertex operates on 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 available in 8 languages.

Monday to Friday from 8 a.m. till 6 p.m. CET
8 languages
Telephone, email, chat, WhatsApp
+357 22 025 100

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 8 different languages. Also, there is a Frequently Ask Questions (FAQs) Section on the website of the broker itself that you will surely find useful and helpful.

  • English
  • Italiano
  • Deutsch
  • Nederlands
  • Espanol
  • Francis
  • Portuges
  • Dutch
  • Polish

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 a reliable and good support to any trader.

Facts about support:

  • 24/5 support
  • Available over 8 languages
  • FAQs
  • Free educational materials – Video courses
  • Webinars
  • Reliable support and professional staff

(Risk warning: 70.8% of retail investor accounts lose money when trading CFDs with this provider.)

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 250 available underlying assets to trade on. This includes CFDs on 50 different cryptocurrencies, EAA countries covered and has more than 2 million clients. It has won more than 40 international awards.

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 withdrawals that are very manageable. The platform is also impressive and is well-designed. It is user-friendly, yet very competitive.

We recommend this broker due to is excellent in giving various choices to its traders, reasonable trading fees, great support to its clients.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.8% 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


  • The minimum deposit is € 100
  • Offers free demo account with € 50,000 virtual funds
  • Member of Libertex Group that has been on the market since 1997
  • More than 250 different trading underlying assets
  • Multifunctional and user-friendly platform
  • Over 5 different languages customer support
  • No deposit fees and reasonable trading fees
  • Offers several CFDs cryptocurrencies
  • Popular trading platform

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

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(Risk warning: 70.8% of retail investor accounts lose money when trading CFDs with this provider.)

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