A Reputable Trading Broker
Libertex, one of the leading online brokers, offers a diverse range of assets, including a wide range of 1000+ CFDs underlying assets and real stocks. Regulated by CySEC, it stands out with transparent operations, competitive fees, and versatile platforms, Libertex, MT4, and MT5. Catering to CFD traders and real stocks investors primarily from EEA countries and Switzerland, Libertex ensures a user-friendly experience coupled with stringent regulatory oversight.
Expert Reviewer Verdict
Libertex stands as a compelling choice for both CFD traders and real stocks investors within the EEA countries and Switzerland. Its appeal lies in the breadth of assets offered, comprising numerous CFD underlying assets and an extensive selection of real stocks. The platform’s transparent nature, competitive fees, and availability across Libertex, MT4, and MT5 enhance the user experience. Libertex caters to various trading styles with features like stop loss and take profit orders, while its Invest Account stands out by offering real stocks with zero commission fees but some market spreads apply. However, it’s essential to note that Libertex doesn’t support traders from non-EEA countries (except Switzerland) or Belgium due to regulatory constraints. Despite this limitation, its user-friendly interface, comprehensive asset options, and adherence to regulatory standards position Libertex as a noteworthy choice in the competitive brokerage landscape.
Pros and Cons
Pros
- Transparent Fees
- Diverse Asset Selection
- User-friendly Proprietary Platforms
- Advanced Trading Features
Cons
- Limited Availability
Trust and Safety
Ensuring Security Standards
Libertex prioritizes user trust and security through stringent measures. Regulated by the Cyprus Securities and Exchange Commission (CySEC), the company operates under a well-defined framework, ensuring compliance with industry standards and regulatory guidelines. To prevent fraud, Libertex employs robust protocols, safeguarding client data through industry-leading security measures.
Crucially, Libertex enhances client confidence by segregating clients’ funds, a practice that provides an additional layer of security. This means that clients’ funds are kept separate from the broker’s operational funds, reducing the risk in case of financial instability. This commitment to fund security underscores Libertex’s dedication to protecting its users’ investments, creating a trustworthy environment for traders and investors alike. By adhering to these rigorous security measures and regulatory standards, Libertex establishes itself as a reliable and secure platform for individuals engaging in online trading and investment activities.
|
Regulatory Body |
Status |
|
ASIC |
No |
|
CySEC |
Yes |
|
DFSA |
No |
|
EFSA |
No |
|
FCA |
No |
|
FMA |
No |
|
FSA (SC) |
No |
|
FSCA |
No |
|
FSC |
No |
|
JFSA |
No |
|
MAS |
No |
Tradable Instruments
Diversify Your Portfolio with Underlying Assets
Libertex offers a diverse array of underlying assets, catering to the varied needs of its users. Traders on the platform can access a wide range of CFD underlying assets, encompassing categories such as cryptocurrencies, indices, oil and gas, metals, stocks, forex, agriculture, ETFs, options, and bonds. This extensive range allows users to diversify their portfolios and explore multiple trading strategies within a single platform.
Additionally, Libertex provides access to real stocks through its Invest Account, allowing investors to directly engage with the stock market. This comprehensive selection allows users to engage in a wide spectrum of trading and investment possibilities, from speculative CFD trading in cryptocurrencies and forex to long-term investments in stocks. Libertex’s diverse offering reflects its commitment to providing a versatile and inclusive trading and investment environment for both traders and investors.
|
Trading Instrument |
Available |
|
COMMODITIES |
No |
|
CURRENCIES |
No |
|
CRYPTOCURRENCIES |
No |
|
ETF |
No |
|
FUTURES |
No |
|
INDICES |
No |
|
REAL STOCKS |
Yes |
|
BONDS |
No |
|
OPTIONS |
No |
|
CFDs |
Yes |
Account Types
Diversify Your Portfolio with Underlying Assets
Libertex offers a diverse array of underlying assets, catering to the varied needs of its users. Traders on the platform can access a wide range of CFD underlying assets, encompassing categories such as cryptocurrencies, indices, oil and gas, metals, stocks, forex, agriculture, ETFs, options, and bonds. This extensive range allows users to diversify their portfolios and explore multiple trading strategies within a single platform.
Additionally, Libertex provides access to real stocks through its Invest Account, allowing investors to directly engage with the stock market. This comprehensive selection allows users to engage in a wide spectrum of trading and investment possibilities, from speculative CFD trading in cryptocurrencies and forex to long-term investments in stocks. Libertex’s diverse offering reflects its commitment to providing a versatile and inclusive trading and investment environment for both traders and investors.
|
Trading Instrument |
Available |
|
COMMODITIES |
No |
|
CURRENCIES |
No |
|
CRYPTOCURRENCIES |
No |
|
ETF |
No |
|
FUTURES |
No |
|
INDICES |
No |
|
REAL STOCKS |
Yes |
|
BONDS |
No |
|
OPTIONS |
No |
|
CFDs |
Yes |
Commission and Fees
Accessible and Transparent CFD Trading
Libertex offers a competitive fee structure, ensuring transparency for its users. There is a minimum initial deposit of €100 required to open an account, making it accessible for various traders and investors. The platform operates on a commission-free model for its Invest Account with market spreads, allowing users to invest in real stocks without incurring additional charges. For CFD trading, the fees vary based on the underlying asset, with detailed information available on Libertex’s official website. Additionally, Libertex applies an overnight fee for holding positions overnight, which can also be found in the platform’s specifications.
Account Minimum
Libertex requires a minimum initial deposit of €100 to open an account, making it relatively affordable for traders and investors to start their journey on the platform.
Trading Fees
The trading fees for Libertex vary based on the specific underlying asset being traded. Detailed information about these fees can be found on the official Libertex website.
Forex CFD Fees
Libertex’s fees for forex trading depend on the respective underlying asset. The platform provides a comprehensive list of fees on its official website, ensuring transparency for traders.
Crypto CFD Fees
Libertex’s fees for crypto trading depend on the respective underlying asset. The platform provides a comprehensive list of fees on its official website, ensuring transparency for traders.
Inactivity Fee
If the Client’s Account is inactive for 180 calendar days (i.e., there is no trading, no open position, no withdrawals or deposits), the Company reserves the right to charge an account inactivity fee of 10 EUR per month (or 10 GBP, 10 CHF, and 50 PLN respectively) in order to maintain the Account open. An inactivity fee is charged only when the account balance is less than 5000 EUR (4500 GBP, 5300 CHF, and 22,500 PLN, respectively).
Deposit Fee
Libertex does not impose any deposit fees.
Withdrawal Fee
SEPA/International bank wire: 0.5% (min 2€ and max 10€), PayPal: free, Credit/debit card: 1€, Skrill: free, Neteller: 1%.
Overnight Fee
Libertex charges varying overnight funding fees based on the underlying asset. Visit their website for details.
Currency Conversion Fee
Libertex charges currency conversion fees, up to 0.3%, with varying rates.
Trading Platforms
A Diverse Range of Platforms
Libertex provides a versatile trading experience through its diverse range of platforms. This multi-platform approach allows traders to choose the most suitable option based on their preferences and trading styles, ensuring flexibility and accessibility in their trading journey.
Mobile Trading Apps
The broker offers mobile trading apps compatible with both Android and iOS devices, ensuring users can trade on-the-go with ease.
Web Trading Apps
Libertex offers web trading apps accessible via browsers, enabling convenient trading without the need for downloads or installations.
Desktop Trading Apps
For those preferring desktop applications, Libertex provides trading platforms for Windows and Mac operating systems, offering a comprehensive set of tools and features for in-depth analysis and seamless trading experiences.
|
Trading Platform |
Available |
|
MT4 |
Yes |
|
MT5 |
Yes |
|
CTRADER |
No |
|
PROPRIETARY |
Yes |
|
Desktop and Web Platform |
Available |
|
DESKTOP WINDOWS |
Yes |
|
DESKTOP MAC |
Yes |
|
WEB PLATFORM |
Yes |
|
Mobile Platform |
Available |
|
ANDROID |
Yes |
|
iOS |
Yes |
Unique Features
Trading Environment
Libertex distinguishes itself with several unique features tailored to enhance traders’ and investors’ experiences. The platform stands out for its user-friendly interface, making it accessible to all traders. Libertex offers a variety of analytical tools, empowering users with comprehensive market insights and data-driven decisions. Live charts are provided, enabling real-time tracking of underlying assets performances. Additionally, Libertex ensures transparency through clear indications of fees and trading hours for each underlying asset. The availability of multiple platforms, including Libertex, MT4, and MT5, caters to diverse trading preferences. These features collectively contribute to Libertex’s appeal, fostering a trading environment where users can make informed decisions and navigate the financial markets.
Research and Education
Basic Features with Growth Potential
Libertex offers educational materials on its website as well as the availability of a demo account enhances practical learning, allowing users to apply theoretical knowledge in a risk-free setting. Additionally, Libertex’s analytical tools and live charts aid in market research, enabling traders to conduct in-depth analyses and make well-informed trading decisions.
Customer Support
Reliable Support
Libertex offers robust customer support services to ensure a seamless trading experience for its users. Clients can access live chat, phone assistance, and email support during the platform’s operating hours, from Monday to Friday. This timely and responsive support system enables users to seek assistance promptly, addressing their queries and concerns effectively. Additionally, Libertex maintains a swift email response time, typically replying within an hour on the same day. While personal account managers are not provided, the availability of live chat and phone support, coupled with quick email responses, demonstrates Libertex’s commitment to providing efficient and accessible customer service, enhancing the overall user experience for traders and investors on the platform.
Account Opening
Efficient Process
Opening an account with Libertex is a straightforward and efficient process, designed to provide users with a modern CFD trading experience.
Registration: To begin, users can register on the platform, requiring a minimum initial deposit of €100.
Verification: Libertex employs standard verification procedures to ensure the security of user accounts. During this step, users may need to provide necessary personal information to complete the verification process.
Document Upload: As part of the verification process, users may be required to upload specific documents to confirm their identity and account details. This step ensures compliance with regulatory standards and enhances account security.
Deposit and Withdrawals
Seamless Transactions
Libertex offers a streamlined deposit and withdrawal process, ensuring users can manage their funds efficiently.
Deposits: Deposits can be made through various methods, including Debit/Credit Card, PayPal, and SEPA, among others, as detailed on Libertex’s official website. This flexibility allows users to choose the payment method that best suits their preferences and convenience.
Withdrawals: The withdrawal process is designed to be straightforward, allowing users to access their funds with ease. Libertex provides a user-friendly interface for both deposits and withdrawals, enhancing the overall user experience and ensuring seamless transactions for traders and investors on the platform.
Final Thoughts
Libertex stands out as a reliable online broker, offering a diverse range of underlying assets and user-friendly platform. With transparent operations, competitive fees, and a comprehensive selection of multiple CFD underlying assets and real stocks, Libertex caters to both CFD traders and real stocks investors. The company’s commitment to security, including the segregation of clients’ funds and adherence to CySEC regulations, instils confidence among users. While limited to EEA countries and Switzerland, Libertex ensures a seamless trading experience through its intuitive interfaces, advanced trading features, and efficient deposit and withdrawal processes. Traders and investors seeking a user-friendly platform with a varied asset portfolio and user-friendly tools will find Libertex to be a compelling choice in the competitive online brokerage landscape.
Contact Info
10 Agiou Athanasiou, Ksenos building, 6th and 7th floor, 4105, Limassol, Cyprus
FAQs
-
Question: What is the minimum initial deposit required to open an account with Libertex?
Answer: The minimum initial deposit for a Libertex account is €100, making it accessible to various traders and investors. -
Question: Does Libertex offer commission-free trading for real stocks?
Answer: Yes, Libertex provides commission-free investing in real stocks through its Invest Account with market spreads apply, allowing investors to invest in stocks without incurring additional charges. -
Question: Is Libertex available for traders from the United States?
Answer: No, Libertex does not accept traders from the United States due to regulatory constraints. The company is licensed to offer services to EEA countries (except Belgium) and Switzerland. -
Question: What are the available trading platforms offered by Libertex?
Answer: Libertex offers a variety of trading platforms, including Libertex, MT4, and MT5. These platforms cater to different trading preferences, ensuring a versatile trading experience for users.
App Store
Google Play