Libertex Review 2022

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62.2% 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.

Libertex - Trade Online. Libertex offer CFDs, with tight spreads and no hidden costs.

InstrumentsCFDs on Forex, Cryptocurrencies, Metals, Indices, Stocks, Oil and Gas, Agriculture, ETF
Demo AccountYes
Min. Deposit€100
Payment Methods
Min. Trade€20
Regulated ByCySec
MetaTrader 4Yes
MetaTrader 5Yes
cTraderNo
OmniTraderNo
AlgoTraderNo
TradingViewNo
Trading CentralNo
AutochartistNo
eSignalNo
STP AccountNo
ECN AccountNo
DMA AccountNo
MAM AccountNo
PAMM AccountNo
LAMM AccountNo
Demat AccountNo
Mobile AppsiOS and Android + Browser based platform
Margin TradingYes
Volatility IndexNo
Spot TradingNo
Perpetual SwapsNo
ELWsNo
REITsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionYes
VPS HostingNo
TournamentsNo
Demo CompetitionsNo
Managed AccountsNo
Market MakerYes
Auto TradingYes
Social TradingNo
Copy TradingNo
Islamic AccountNo
Account Currencies
  • EUR
  • GBP
  • CHF
  • PLN
CFD TradingYes
CFD FTSE Spreadvariable
CFD GBPUSD Spreadvariable
CFD Oil Spreadvariable
CFD Stocks Spreadvariable
CFD LeverageUp to 1:30 (Retail clients)
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62.2% 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.

Libertex is an online stocks and CFD broker, their headquarters are located in Limassol, Cyprus. This review is designed to provide details about the services offered by Libertex, including the account types on offer, the features of its trading app, and whether it is possible to practice trading with a demo account. The review will also list key comparison data (such as minimum deposit amounts, minimum trade amounts and commission among others). If you would like to know more about Libertex, read on.

Company Details

Libertex is the trading name of Indication Investments Ltd, which itself forms a part of the Libertex Group.

The group has been in operation since 1997, and currently serves over millions of clients across many different countries.

With over 40 industry awards to its name, Libertex is certainly a reputable platform to trade from. As a market making broker, Libertex takes the other side of the trade from you, and charges low commissions and tight spreads.

As a fully regulated online broker with years in the industry, it is fair to say that Libertex is a strong and reputable brand. With over 250 underlying assets to choose from, it’s the perfect choice for those who want to trade CFDs across a variety of different industries.

Trading Platform

Libertex provides users with access to its own unique trading platform. It is completely web-based, and no downloads are required.

The Libertex platform runs smoothly in any web browser, complete with a user friendly interface to facilitate all operations.

The platform executes trades quickly and provides a stable services.

While a lot of brokers make use of existing platforms (such as cTrader), Libertex has put the effort in to design an interface with user experience in mind.

However, they have also integrated their service with Metatrader. So, in addition to their own bespoke platform, clients can also use either MetaTrader 4 (MT4) or MetaTrader 5 (MT5), two well-established trading platforms that offer a wide range of functionalities and features.

Underlying Assets/Markets

Libertex provides its users with the potential to trade CFDs across the following underlying assets:

Spreads & Commission

Libertex apply tight spreads across all underlying assets.

Spreads vary by asset class, but Libertex remain competitive across most trades. Importantly, there are zero crypto CFD trading commission fees. Tight spreads apply, check Libertex.com for details.

Fees

Libertex does not apply fees for deposits. The minimum deposit is €100.

Withdrawals via Skrill and PayPal are free, the cost of other type of withdrawal varies on the payment method. Visit the payment methods page for full up to date details, but any fees are clearly stated at the point of confirmation. Most are in the region of 0.5% or 1%. Some methods are also dependant on the region.

Leverage

Leverage rates on the Libertex platform are set in accordance with the regulatory requirements for each class of assets.

The maximum leverage rate is up to 1:30 for retail clients. This level is generally considered an industry standard across all European regulated brokers

Mobile Apps

The Libertex platform can be accessed via dedicated mobile apps for iOS and Android devices. These can be downloaded via the Apple App store and Google Play Store respectively.

Alternatively, users may wish to install the app direct from the Libertex website. Both Android and iOS apps are regularly updated for security purposes and to enhance the features.

The fact that the Libertex app has high ratings in both iOS and Android stores is proof positive that it has been well-designed and functions well across all operating systems.

From a design perspective, the app is clear and user-friendly, with full market access, the ability to pre-order, a stop loss and profit taking feature, and live quotes.

Technical analyses are available to assist mobile traders. News stories from the biggest financial news sites are delivered direct within the app. One innovative feature of the Libertex app is the ability to switch from demo mode to a real account with a single tap onscreen.

Traders can fund their account via the app too.

Libertex mobile trading app

Payment Methods

Libertex allows traders to fund their accounts via several different methods. Regardless of where you are in the world, you should be able to find a method that suits you.

Deposits

Deposits can be made on Libertex via the following methods:

Most payment methods are processed in an instant. However, bank transfers could take several hours on occasion. The minimum deposit for a real account is €100.

Withdrawals

Some payment methods (such as Sofort, Trustly, Multibanco, GiroPay and iDEAL) can only be used to fund the account.

Users who deposit funds using any of these services are required to withdraw funds via another method. For more information, we recommend reading the Libertex terms and conditions.

Demo Account

Libertex provides its users with access to a demonstration account. This allows clients to hone their trading skills and investigate how the Libertex platform works before they decide to deposit any real funds.

Libertex demo accounts come with €50,000 in virtual money to trade with. Demo accounts can be accessed via web and mobile apps.

The Libertex demo account is useful because it allows new users to find out whether the platform is suited to their trading style.

When signing up for a demo account, users also sign up for a real account (although they will be unable to access the real account without first making a deposit).

It is easy to switch between demo mode and real mode on the Libertex website/within the app.

Bonuses Or Discounts

Libertex is not currently offering any bonuses or discounts as per CySec requirements.

Regulation & Licensing

Libertex is regulated and authorised by CySEC (the Cyprus Securities & Exchange Commission). License Number 164/12

Additional Features

The Libertex platform also comes with a range of features including charts, timeframes and indicators which are useful during technical analysis of the markets. There is a choice of 10 languages to display information in, making Libertex applicable for traders in various countries.

There are 9 timeframes to choose from, ranging from one minute to one month. 43 indicators are on offer, including 22 trend indicators, 8 volatility indicators and 13 oscillators.

Users can use the Order Management feature to look at live quotes for every available underlying asset.

A favourites list can be customised to only include your most frequently traded underlying assets.

This is useful for effectively managing price movements on regular trades. From the same area of the site, users can look at their order history, wallet balance and pending orders.

 

Libertex metatrader 4 platform
MetaTrader 4 platform

Account Types

Libertex offer a Real Account and Demo Account. They also offer an Invest Account for investing in shares (not via CFDs)

Benefits

Drawbacks

Trading Hours

The Libertex platform can be accessed via web or app 24/7, 365 days a year.

While it is possible to trade at any time, it’s worth pointing out that markets aren’t necessarily open 24/7! While you’re free to log in whenever you like, trading is limited by the hours the markets you wish to trade on are open.

Let’s take the forex market as an example. The New York forex market is open between 9am and 5pm GMT. The London forex market is open between 3am and midday GMT.

The Toyko market opens between 7pm and 4am GMT. There will always be opportunities to trade, although your trading options are time-restricted – especially if you only want to trade on a certain market.

Contact Details/Customer Support

Libertex customer support is available in 9 different languages. There is a live chat option available, or the customer service team will generally provide you with a reply to your query within an hour.

Contact details are as follows:

Authentication Security

Libertex makes use of 128-bit SSL (Secure Socket Layer) encryption, providing users security that their personal data cannot be compromised.

Android and iOS apps are also regularly updated for security purposes.

Overall Libertex Review Verdict

As one of the world’s most established online brokers, it should come as no surprise that Libertex has a lot to offer newcomers, casual traders and experienced professionals alike.

Commission levels are attractive, and a unique platform full of features allows clients to trade whenever they want.

While Libertex might lack certain educational tools, it makes up for this with a streamlined interface that facilitates rapid trades – and that’s more than enough reason to open an account today.

Accepted Countries

Libertex only accept clients from the EEA Area and from Switzerland

Compare Libertex

Compare Libertex with similar brokers that accept traders from your location. Among available brokers these are the most similar to Libertex:

  1. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. eToro USA LLC does not offer CFDs, only real crypto assets available.
  2. IG Group – IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.
  3. LQDFX – LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
  4. AAAFx – AAAFx offers CFD trading in forex, commodities, indices and cryptocurrencies.

Libertex Comparison Table

Compare Libertex With Similar Brokers
Libertex eToro IG Group LQDFX AAAFx
Rating 4.7 4.4
Markets Stocks Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit €100 $10 £250 $20 $10
Minimum Trade €20 $10 0.1 lots 0.01 lots 0.01 lots
Regulators CySec FCA, CySEC, ASIC, FSA FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin HCMC (Greece), FSCA (South Africa)
Bonus 100% deposit bonus up to $20,000 100% Deposit Bonus available for Global clients
Education No Yes Yes Yes No
Platforms MT4, MT5 MT4 MT4 MT4, MT5
Leverage Up to 1:30 (Retail clients) 1:30 EU 1:30 1:100 – 1:500 1:30 EU, 1:500 Global
Payment Methods 11 14 6 8 8
Detailed Comparison Libertex vs eToro Libertex vs IG Group Libertex vs LQDFX Libertex vs AAAFx
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Compare Trading Instruments

Compare Libertex Trading Instruments
Libertex eToro IG Group LQDFX AAAFx
CFD Yes Yes Yes Yes Yes
Forex No Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes No
Gold No Yes Yes Yes Yes
Copper No Yes Yes Yes No
Silver No Yes Yes Yes No
Corn No Yes No No No
Crypto No Yes Yes Yes Yes
Futures No No Yes No No
Options No No Yes No No
ETFs No Yes Yes No No
Bonds No No Yes No No
Warrants No No No No No
Spreadbetting No No Yes No No
Volatility Index No Yes Yes No No

Libertex vs Other Brokers

Compare Libertex with any other broker by selecting the other broker below.

Libertex vs
Libertex - Trade Online. Libertex offer CFDs, with tight spreads and no hidden costs.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62.2% 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.