Libertex: A Comprehensive Broker Review

Libertex provides access to the libertex overview Forex market, allowing traders to trade a wide selection of currency pairs. This includes major pairs like EUR/USD, minor pairs, and exotic pairs, thereby catering to different trading strategies and preferences. They continue to refine and expand their mobile platform, standing testimonial to the ongoing evolution in the digital trading space. The Libertex mobile trading app, accessible on multiple operating systems, showcases its commitment to keeping pace with trader demands for responsiveness and reliability. The app’s consistency and dedication to providing a secure trading environment reinforce its reputation among both novice and experienced traders. If you review rates on cryptocurrencies, you will notice that the broker cuts the brokerage fee by 50 per cent, due to the popularity of the asset and to encourage further trading of it.

Can I use Libertex services from any country?

All traders can put aside all their worries when trading using Libertex. All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. As a market-making broker, Libertex takes the other side of the trade from you, and charges low commissions and tight spreads. In addition, positive feedback on various review platforms highlights Libertex’s dedication to maintaining a high standard of customer service. Libertex delivers a range of customer support options and maintains a focus on providing high-quality service.

Overall, Libertex can be summarised as a leading internet trading firm that focuses on providing a user-friendly and accessible trading platform. It aims to simplify the trading experience and has a 69 out of 99 trust score. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate.

Minimum Deposit Requirements

You will find commodities including cocoa, coffee, sugar, soybean, wheat and corn. I have been aware of the broker since I first got started trading so it is good to see how far they come over the years in an industry where so many come and go. I feel this is testament to the quality of the company and the services that they provide.

Deposit and withdrawal of Libertex broker

• I think there should be more than enough here for beginners to get their teeth stuck into.
• This Libertex UK review found seven majors, 21 crosses, and 21 exotic pairs available for trading.
• Yes, Libertex enables traders to withdraw funds from their accounts anytime, giving them more freedom and control over their finances.
• If this too much for you at the moment, TD365 have a $1 minimum deposit to get started.

The Libertex Portfolio account is designed for individuals looking to diversify their investment portfolio across various financial products, including stocks and ETFs. If there is no free margin left with the customer, Libertex will stop your positions. When the losses in the stopped out position exceeds your account balance, you might encounter a negative account balance. Over 2,200,000+ users registered with them can affirm to their trustworthy nature. The highlight of this platform is its quick order execution on transactions. Understand the capabilities of the mobile apps of Libertex, Startrader & freetrade below.

Our team also list key comparison data, such as minimum deposits, trade sizes, withdrawals, plus fees and commissions. The Libertex App emerges as a competitive player in the arena of online trading platforms, catering to investors who are keen on trading a diverse range of financial instruments. Established in 2014, the Libertex platform has secured a place in the market by offering over 250 financial instruments, ranging from stocks and indices to cryptocurrencies. I have been trading with Libertex for several months now and have mostly positive experiences. The broker offers a smooth sign up process and a reasonable minimum deposit. The MT5 platform is excellent for advanced trading, and the app is very convenient for trading on the move.

That is, an internet broker isn’t necessarily influenced by the amount of clients they have. Below we take the main parts of any great online trading platform and compare Libertex against Startrader, and freetrade. Another concern with online brokers is in respect to security may be manipulation of trading. Nonetheless, this is much more prevalent in the example of Market Maker agents who compete with users on the platform.

The verification procedure is not mandatory at Libertex as a standard practice. However, for successful platform interaction, clients must fill out all fields in the Profile Management – Personal Data section in the Personal Account. On February 26, 2016, the company joined the International Financial Commission, an honorable status confirming its reliability and long history of successful operations.

Account Types

If you are unsure about your eligibility to open an account with Libertex, it’s best to contact their customer support team for clarification. As with any financial decision, I recommend exercising caution and conducting thorough due diligence before depositing funds or trading with Libertex. It’s important to note that proper regulation is crucial for ensuring the safety and security of client funds. Regulated brokers must adhere to strict guidelines regarding segregation of client funds, financial reporting, and transparency in their operations. The lack of verifiable regulatory oversight raises concerns about Libertex’s trustworthiness and reliability. Libertex’s blog is a significant resource for traders looking for current information, market analysis, and insights into trading methods.

• Customer service is available during office hours from Monday to Friday.
• For other trading platforms, the inactivity fee depends on the sort of account you have chosen.
• Some of the notable awards include the Best Trading Platform by FinEXPO and Best FX Broker in Europe by Forex Report.
• Libertex offers an array of educational content including webinars, tutorials, and articles that cater to different skill levels.
• The broker has a proprietary trading platform which contains some very powerful trading tools to assist with in-depth market analysis.

Available Features

You can start using the MetaTrader 4 platform with Libertex in multiple formats including through an online web platform, or through a downloadable application for Windows PC’s and Mac’s. Libertex allows traders to trade on mobile devices through Android and iOS devices. Many unprofessional brokers try to pressurise consumers into bigger financing for premium services. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the greater benefits will become available. These tools are lively and convenient for both the new and experienced traders.

Can you trade cryptocurrency with Libertex?

Libertex provides its users with a robust selection of educational materials and research tools designed to enhance trading efficacy and market understanding. The platform focuses on delivering quality educational content and comprehensive market analysis tools that benefit both beginners and experienced traders. Currency conversion fees belong to trading and non-trading fees and are the least visible. They apply each time Libertex exchanges one currency for another, including trading, and most traders are unaware of this hidden fee. Examples are trading British Pound-denominated assets from a US Dollar account or making a Swiss Franc deposit into a Euro base account.

I had no problem navigating around the platform and was able to load charts, place and manage trades with relative ease. Through this sophisticated platform, you can get access to all of the tools you need for analysing charts and trading instruments including a great selection of Forex, Cryptos & CFDs. You can choose to view area charts, candlestick charts, Heiken Ashi charts and line charts. Charts can be displayed on multiple timeframes from the one minute to one month.

However, traders should consider the minimum limit for account funding, which for most payment systems is $10. I like it when a broker gives us more choice like FXTM do as we all have different trading strategies that may require certain conditions. However, I also see how it can be fair to give everyone the same features regardless of their investment size.

Libertex focuses on quality training for its clients, providing all the necessary tools for successful trading in the financial markets. And if you want to open an account with Libertex, it is better to choose an account type with MT4 or MT5 – these are more professional trading platforms. However, it should be noted that the overall number of CFDs is average in the market, and some competing brokers offer a much more extensive selection of assets. This may limit opportunities for some investors interested in a more excellent choice of CFDs. This makes it attractive to various categories of traders seeking diversity in investment opportunities. An account is inactive if the client has initiated no trading and non-trading operations within the last 90 calendar days.