Libertex

Libertex

Min $100

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83% of retail CFD accounts lose money.
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9.0/10 (Expert Score)
Product is rated as #5 in category CFD Brokers
This Libertex review gives you all the key facts you need to decide if it’s the right platform for your money. Brought to you by Brokerage Compare.
Commissions & Fees
9.2
Offering of Investments
8.9
Platforms & Tools
9.3
Research
8.2
Customer Service
9.1
Education
8.6
PROS:
  • Min Deposit €100
  • Max Leverage 30:1 for Retail clients
  • CFDs on Forex, Crypto, Stocks, Commodities, ETFs, & Indices
  • Credit/Debit card, Bank transfer, Electronic wallets
  • Web Trader, Mobile App, MetaTrader 4, MetaTrader 5
  • Live chat, email, phone, Facebook messenger
  • Regulated by CySEC
  • 10 Languages Supported
  • Official Trading Partner of Tottenham Hotspur
CONS:
  • Tradable Assets: 250+
  • Withdrawal fees apply for all payment methods
  • No 24/7 support

Libertex Review


Libertex has years of experience in financial markets and online trading. It is a regulated broker under the Libertex Group (founded in 1997) and has its headquarters in Limassol, Cyprus. Today, Libertex Group employs 700 people and it serves 2.2m customers in over 110 countries.

Libertex Fees Review



PROS:
  • Tight Spreads charged

CONS:
  • €10 monthly inactivity fee after 180 days of no trading




Libertex charge spreads and commission on trades. The exact amount varies depending on the asset and trade but, generally speaking, there are two types of fees: transaction fees, as soon as a trade is opened, and overnight fees which are charged at 9pm GMT. These overnight fees are charged as interest, either positive or negative, and they’re triple when you roll over your position on CFD instruments from Friday to Monday.

CFD Fees

This table will give you an idea of how CFD trading fees work on Libertex:

CommissionSwap buySwap sell
EURGBP-0.019%-0.0024%-0.0030%
GBPUSD-0.008%-0.0042%-0.0015%
EURUSD-0.011%-0.00822%0.00205%
Bitcoin-0.91%-0.0300%0.0030%
Gold-0.004%-0.0066%-0.0010%
S&P 500-0.04%-0.0126%-0.0098%
Apple-0.207%-0.0302%-0.0254%

Non-trading Fees

Account FeeDeposit FeeWithdrawal FeeInactivity Fee
€0€01€ for credit/debit cards and electronic wallets. 0.5% min 2 EUR, max 10 EUR for bank transfers10 EUR per month for 180 days of inactivity with a balance of less than €5,000

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83% of retail CFD accounts lose money.

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Libertex Deposits & Withdrawals Review



PROS:
  • Min deposit €100
  • EURO, CHF, PLN & GBP account base currency
  • Credit/Debit card, Bank transfer, Electronic wallets

CONS:
  • Withdrawal fees apply for all payment methods



Account Base Currency

Libertex gives you 4 currency options, i.e. CHF, GBP, PLN and EUR.

How long will it take for my deposit to show on Libertex?

If you make the deposit over card, either debit or credit, it’s instant. Bank transfers take 3-5 business days.

When will I have access to my money if I withdraw from Libertex?

Withdrawal via bank transfer takes around 3-5 working days.

What is Libertex minimum deposit?

Libertex minimum deposit is €100 for your first deposit and €10 thereafter for all methods except bank transfer. There is no maximum amount for bank transfers but you can’t deposit more than €10k via debit/credit card or electronic wallet.

Can I withdraw any amount?

There’s a minimum limit of €10 for all methods except bank transfer. There’s no maximum limit for bank transfers but if you withdraw via debit/credit card the max is €10k and if you withdraw via electronic wallet it’s €2,500.

Does Libertex charge withdrawal fees?

Yes, it’s €1 if you withdraw via debit/credit card or electronic wallet. If you withdraw via bank transfer, you pay a 0.5% fee, with a min of €2 and a max of €10.

Are there any terms on where I direct any funds I withdraw?

Libertex’ only specification is that you withdraw to accounts or cards in the same name as your Libertex account holder’s name.

Make your First Deposit with Libertex

83% of retail CFD accounts lose money.

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Libertex Account Types Review

You can easily open a Libertex account on their website or app, using your email address or Facebook logins. Then you’ll be asked some questions and, once you make your first deposit, you’ll undergo a verification process which requires proof of ID and residence. It’s all very straightforward and your account will be verified within 3 working days.

Platform Languages

The Libertex platform is multilingual with 10 languages: English, French, Spanish, German, Italian, Dutch, Polish, Portuguese, Russian and Turkish.

Open a Trading Account with Libertex

83% of retail CFD accounts lose money.

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Libertex Platforms & Assets Review



PROS:
  • CFDs on Forex, Crypto, Stocks, Commodities, ETFs, & Indices
  • Web Trader, Mobile App, MetaTrader 4, MetaTrader 5

CONS:
  • 250+ tradable assets




The Libertex platform is user friendly so the overall trading experience is pleasant. You can trade in CFDs on Forex, Crypto, Stocks, Commodities, ETFs, & Indices, a total of 250 assets in multiple markets, and you can customise the interface to suit your needs. LIbertex has also integrated with Metatrader, in case you prefer to trade via MetaTrader 4 or MetaTrader 5.

Start CFD Trading with Libertex

83% of retail CFD accounts lose money.

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Libertex Customer Service Review



PROS:
  • Email, phone, live chat, Facebook messenger
  • Very comprehensive Help Centre (FAQs)

CONS:
  • No 24/7 support



Libertex offers good customer service but it’s on weekdays only, 9am-9pm GMT. You can reach them via live chat, phone, email and FB messenger. Alternatively, you may be able to find an answer to your questions in the FAQ section of their website.

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Is Libertex legit?

RegulatorLicenseLegal Entity
Cyprus Securities Exchange Commission (CySEC)164/12Indication Investments Ltd


Is Libertex legit?
  • Yes, it is regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC).


Is there negative balance protection on Libertex?
  • Yes there is, which means you’ll never lose more money than you initially invested.


Disclaimer
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% 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.

Trade with Libertex

83% of retail CFD accounts lose money.

Specification: Libertex

Max Leverage 30:1
Assets 250+
CFDs Forex, Stocks, Commodities, ETFs, Indices
Customer Type Beginners, Experienced Traders
Country/Region Europe
Platforms Web Trader, Mobile App, MetaTrader 4, MetaTrader 5
Deposit Options Credit/Debit Cards, Electronic Wallets, Bank Transfer
Regulated by CySEC
Customer Service Phone, Email, Live chat, Messenger

Photos: Libertex

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