Libertex Review 2025 Key Features, Pros, and Cons

Libertex protects its clients’ private and sensitive data under SSL encryption. The process is effortless and quick, with various payment methods in your fingertips. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Libertex are normally pretty quick with this. The overall average of email support provided by Libertex was good.

  • This may seem to be a little number, but over the entire year, this adds to a significant amount of gains.
  • Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
  • Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk.
  • ETFs offered include iShares Core U.S. Aggregate Bond ETF, iShares MSCI Germany ETF, iShares MSCI United Kingdom ETF and others.

News stories from the biggest financial news sites are delivered directly within the app. MT4 will meet the needs of most traders and could provide a familiar feel and features if you’re moving from another broker. While a lot of brokers make use of existing platforms (such as cTrader), Libertex has put effort into designing an interface with user experience in mind. Several traders across the world choose Libertex due to their services that are trading.

  • Libertex’s fees for forex trading depend on the respective underlying asset.
  • Yes, trading through Libertex is a pleasant and good experience indeed.
  • The brokerage offers little in terms of trading tutorials, platform manuals, and jargon busters.
  • This Libertex review covers both the pros and cons you need to know before you make an account.
  • Investors consider the app’s features, trading conditions, as well as the advantages and disadvantages through various Libertex user reviews.

Watch How To Place A Trade With Libertex

The Libertex platform has over 2.2 million traders from various countries. 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. 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.

This feature makes the Libertex platform an exceptional choice for conducting comprehensive technical analysis. The broker does not impose a handling fee for deposits, though most withdrawal methods entail such a processing fee. Libertex is rather unique in that its commissions are quoted in EUR as opposed to USD. I reviewed the ‘Legal Docs’ section on the Libertex website and determined that the broker is quite transparent. I learned that Libertex has a ‘best execution policy,’ which is a legal mandate to provide optimal price quotes under the prevailing market conditions. The Libertex platform is fully integrated with market news, which users can use to make informed decisions.

What you should know about trading using Libertex

From a design perspective, the application is clear and user-friendly, with full market access, the ability to pre-order, a stop loss and profit taking feature, and live quotes. The platform executes trades quickly and provides a stable service. Opening positions is also straightforward using the right-hand widget.

Libertex is Not a Regulated Broker

If you are a new entrant in the realm of trading online and brokerages, so many details will no doubt be confusing for you. Getting into libertex review the area of trading online demands expert analytical skills and thorough knowledge. You’ll acquire proficient at all of the concepts of trading online and brokerages as you keep trading.

The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant. The videos are annotated and easy to digest, suitable for all levels of traders.

The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) in EUR/USD with a pip value of $10 (EUR 9.69) for each account. Dormant accounts with Libertex are liable for an inactivity fee of 10 EUR per month (or 10 GBP, 10 CHF, or 50 PLN, respectively) to keep the account open. I also checked the broker’s Client Agreement, which is readily available and highly informative. It presents all important details regarding broker-client responsibilities and rights clearly and comprehensively. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency.

Bad experience

Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. In case you need assistance, you can contact the support team via phone, email, and live chat.

These resources are designed to complement individual research and enhance trading strategies. At Libertex, there are three types of accounts on offer – invest account, CFD trading account, and demo account. If you are not confident enough to start trading with your own funds, you can opt for the demo account. All that is required in order to open such an account is an email address and a password.

Users who deposit funds using any of these services are required to withdraw funds via another method. Prospective clients may be disappointed to find a slim choice of trading accounts. Since its launch, Skrill has expanded to be available in more than 120 countries, with its digital wallet offered in 40 different currencies. Customers can transfer funds to their Skrill wallet through a variety of options for payment, including credit bank transfer, card as well as a variety of alternative payment options. The funds can then be used to pay merchants as well as others Skrill customers, or converted into crypto. It is especially offered when the industry volatility prevents customers from letting their accounts go into the red.

(Applies to clients with a total account balance less than 5000 euros (4500 GBP, 5300 CHF, PLN respectively). Account maintenance fee of €10 is charged in case the clients have not withdrawn the remaining balance from his/her account within two months from the termination date of the Agreement. It has over 2,200,000+ registered users and over 13 years of experience on its own record.

Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor. For immediate assistance, Libertex provides phone support that traders can access during business hours. Phone support is particularly useful for traders who prefer verbal communication and need swift responses to time-sensitive matters. Libertex provides a versatile trading experience through its diverse range of platforms.

Bitcoin’s price fluctuates greatly as its value is based on demand and the volume of goods it could be used for purchasing. Litecoin is the second most traded cryptocurrency and is often referred to as the silver to Bitcoin’s gold. From easy registration and account funding process to blazing-fast trade execution speed and a unique trading environment, the platform is equipped with everything necessary for online trading. With a user-friendly layout, Libertex is suited for all types of traders. Libertex offers dedicated email support to address any queries or issues traders might encounter.

Whilst there are plenty of options, they don’t quite compare to the likes of Swissquote who have over 8,500+ instruments in comparison. Libertex offers an array of educational content including webinars, tutorials, and articles that cater to different skill levels. Beginners can start with basic trading concepts while advanced traders might deepen their knowledge with complex strategies and analyses.

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