Libertex Cuts Crypto Trading Fees
Libertex has reduced its crypto trading fees this festive season. Clients can speculate on popular tokens like Bitcoin, Ethereum, Litecoin and Stellar without typical trading charges. The offer is available to both new and existing users. Read on for the details.
Fewer Fees
Retail clients will no longer be charged exchange fees, swap rates or commissions on cryptocurrency CFDs. Instead, the broker will take its cut from floating spreads. This represents a significant reduction in costs for active investors, offering greater profit potential. In particular, the move will help high-volume traders and those that hold positions overnight.
The move also puts Libertex among the most cost-effective digital currency exchanges with most competitors offering maker and taker fees between 0.1% and 0.2%. The reduction in trading fees is expected to run into 2022.
Crypto Trading Tools
Libertex offers a selection of trading tools and market analysis features to support clients. These include in-app news streams, trading signals and free mobile applications. Both MetaTrader platforms are also available for conducting technical analysis and managing trading positions.
Market Volatility
The value of popular cryptos has fluctuated dramatically in recent years, with big names like Bitcoin and Ethereum experiencing substantial price action. Unsurprisingly, this has attracted the attention of retail traders and institutional investors alike, both seeking to generate returns from the volatile marketplace. And with continued regulatory uncertainty, there remains opportunities for savvy investors.
About Libertex
Libertex is a Cyprus-headquartered trading broker founded in 1997. More than 2.2 million accounts have been opened in a dozen countries over the last 25 years. The award-winning brand offers 50+ currency pairs, 100+ stocks, 18 indices, plus a selection of commodities.
Leverage up to 1:30 is available for retail clients. This is standard among European brokers and means clients can take large positions with minimal capital outlay. Of course, appropriate risk management tools should be implemented when trading on margin.
New users can fund accounts with popular deposit and withdrawal solutions, including bank transfer, debit and credit cards, plus e-wallets such as Skrill and Neteller. Most deposit options offer instant transactions and are fee-free, though some incur a €1 charge. The minimum deposit amount is €20.
Follow the link below to start trading crypto CFDs today.
