Libertex Broker Reviews and Full Information

What exactly is Libertex?

Libertex was established in 1997. It's an international company and has it's headquarters in Cyprus providing professional service and a wide range of clients from over 110 countries. The broker provides 213 trading assets that are accessible on a reliable and award-winning platform, which is powered through high-speed execution of orders that are processed by market execution.

Libertex Pros and Cons

Libertex offers a brokerage offering the flexibility to trade, various of platforms and pricing that is built into a commission cost. The research is excellent.

If the lack of education, this proposal could be better suited for those who have been trading for a while.

10 Points Summary

Is Libertex an authentic company or a scam?

Yes, Libertex is not a fraud is a brand name used by Indication Investment Ltd, an Cyprus founded Investment Firm, which is monitored and controlled through the Cyprus Securities and Exchange Commission (CySEC).

The regulation status is the most important aspect to consider when choosing the right broker because a significant regulatory requirement is an set of regulations which are enforced by MiFID for Libertex. That means the EU authority oversees the investment and financial services firms, as well as their security and compliance within the area and allows them to offer services to the entire EEA (European Economic Area).

Compliance

This is a complex process that requires a variety of operational guidelines, substantial capital maintenance that establishes the liability of the company, as well as procedures to protect customers and membership in the Investor Compensation Fund. Therefore, any customer who invests in or trades with Libertex or licensed firm is reassured by the authorities regarding the strict adherence to the rules and procedures, thereby putting peace of mind.

Instruments

There are trading instruments that you can use include Forex exchange rates, currencies including stocks, metals commodities, indices and many more. Additionally Libertex Libertex lets you trade cryptocurrencies that are readily available to benefit you by offering a variety of more well-known and less common pairs such as Bitcoin, Ethereum, Ripple, Monero, Dash, Stellar, Zcash, EOS, NEO and numerous others.

In the course of its many years of operation, Libertex has won around 30 international awards from various reputable organisations and institutions due to its top-quality services, and especially for its Cryptocurrency trade solutions.

Leverage

Leverage is a tool that lets you exchange a significant amount of money due to its ability to increase the initial balance. Leverage is a fantastic alternative, but the likelihood of losing or making profits increase with time and this is why it is crucial to understand how to utilize leverage in a smart way.

Libertex Leverage levels are typically determined by the limitations on regulation which they are set through MiFID. European MiFID. Thus, the maximum leverage amount is set at 1:20 on major currencies 1:20 for minor currencies, and 1:5 for Cryptocurrencies.

Types of accounts

Libertex Libertex doesn't provide a range of accounts for retail traders. and the easy opening procedure will bring you to Demo account opening, and further , you can fund the account and then transfer it to live trading account. The account is called Libertex and allows you to choose a platform, either a primary or proprietary to the most popular MT4.

In addition, Libertex designed special accounts for professionalsthat offers a completely customized solution and is designed to be custom.

Fees

Libertex has costs covered by zero spread throughout the day and the cost of service determined as a trading commission via an determined percentage in accordance with the open position. So, you can open your trade knowing exactly the amount you'll pay which is an excellent option for traders with any type or level of expertise.

Spread

There aren't any spreads with Libertex however, you'll be charged a commissions. Check below the percentage of commissions on most popular pairs below, and you can also look at fees with another well-known brokerage Pepperstone.

Libertex rollover

Also, never forget to consider the rollover as well as the overnight fees as a charge that is charged on positions held for longer than a day , and is set by the particular instrument. A sample of swaps can also find in the table below.

Methods of Funding

The Libertex payment methods offer an array of popular payment options accessible in the client's menu on the Trading Platform. Today, there are many choices to make use of either

• Bank Transfer,
• Cards,
• E-wallets that are similar to Skrill, Sofort, Ideal, Trusty, P24 and Neteller.

But, it is crucial to remember that you must inquire with your customer service regarding your appropriate payment method, as certain areas might be entitled to a specific payment method.

Libertex Minimum deposit

Libertex Minimum deposit of $100 as an initial deposit that allows users to switch their your demo account into a live one. As previously mentioned, Libertex has only one type of account for professional and retail traders. Professionals can apply for accounts only after checking their status. They have access to completely tailored trading conditions.

Libertex minimal deposit, compared to other brokers

Fees for deposits

Libertex doesn't charge any fee on depositsfrom their end, however ensure that you have a payment processor for any additional internal charges are imposed. Additionally, Libertex may add on the cost of withdrawal depending on the payment method. While Skrill is completely free of charge however, 1% will be added for Neteller transactions, or 0.5 percent to International transfer to a bank.

Options for withdrawal

Libertex withdraw methods are a bit different when it comes to delivering funds via Bank Transfer, Skrill, Visa card or Neteller. The majority of withdrawal requests are handled by the Libertex finance department in one business day, however there are instances where it is necessary to examine the client's request to ensure security and compliance reasons.

Trading Platforms

Its Libertex trading system is characterized by ease of use, with a user-friendly interface and a deep analysis of market trends which helps you make the right choice. Libertex is a custom designed cross-platform which allows trading on any device and as it is a web-based platform and enhanced by news feeds and support from the third-party service provider Trading Central.

The platform generally is an ideal choice for beginners or experienced traders, as it has all the necessary tools and functions as well as the ability to customize it.

Mobile trading

Additionally, Libertex has developed an Mobile trading system which is the most efficient software to allow trading different financial assets right from the phone using the extensive charts and a variety of trading tools. In case, however, you would prefer to use the an established and reliable technology MetaTrader4 there is still the option to do so with Libertex.

Customer Support

Additionally to that, the broker is also supported by education resources covering trading basics , starting with the basic course, and more advanced courses for traders with experience.

In the end, Libertex customer service team that has more than 700 employees, is able to offer the highest level of support with ease and at a time that proves its effectiveness over the past 20 years for the millions of customers from all over the world.

Conclusion

In the end, Libertex Review found an enterprise with over 20 years of operation and offers advanced services through a variety of trading instruments, and the proprietary platform designed with the convenience of trading. The cost of trading is calculated with precision and are not based on spreads, but on the market conditions and your specific trade as a percentage. This means that there is no additional spreads or charges which are difficult to calculate. So, the novice traders as well as those who are professionals, might appreciate the simplicity of calculations and the transparent costing.