Libertex

Libertex

Min $100

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74.91% of retail CFD accounts lose money.
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8.8/10 (Expert Score)
Product is rated as #6 in category CFD Brokers
This Libertex review gives you all the key facts you need to decide if it’s the right platform for you. Brought to you by Brokerage Compare.
Commissions & Fees
9.0
Offering of Investments
8.7
Platforms & Tools
8.9
Research
8.0
Customer Service
8.9
Education
8.4
PROS:
  • Min Deposit €100
  • Leverage up to 30:1 for Retail clients
  • CFDs on Forex, Crypto, Stocks, Commodities, ETFs, & Indices
  • Various Payment Methods: Credit/Debit card, Bank transfer, Electronic wallets, etc.
  • Libertex Trading Platform, Mobile App, MetaTrader 4, MetaTrader 5
  • Customer Support available via live chat, email, phone
  • Regulated by CySEC
  • 10 Languages Supported
  • Official Trading Partner of FC Bayern Munchen
CONS:
  • Tradable Underlying Assets: 300+
  • Withdrawal fees apply for most payment methods
  • No 24/7 support

Libertex Review


Libertex has years of experience in financial markets and online trading. It is a regulated broker founded in 2012 and has its headquarters in Limassol, Cyprus.

Libertex Fees Review



PROS:
  • Tight Spreads charged

CONS:
  • If the Client’s Account is inactive for 180 calendar days (i.e. there is no trading, no open positions, no withdrawals or deposits), the Company reserves the right to charge an account maintenance fee of 10 EUR (10 GBP, 10 CHF, 50 PLN respectively) per month. (Applies to clients with a total account balance less than 5000 euros (4500 GBP, 5300 CHF, 22500 PLN respectively).




Libertex charge spreads and commission on trades. The exact amount varies depending on the asset class 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, either positive or negative, and they’re triple when you roll over your position on CFD instruments from Friday to Monday.

Commission Fees for Trading CFDs

Commission fees start from 0.0003% per trade, you may find detailed information about the commission fees via the link below.

Non-trading Fees

Account Maintenance FeeDeposit FeeWithdrawal FeeInactivity Fee
€10 in case the clients have not withdrawn the remaining balance from his/her account within two months from the termination date of the Agreement€01€ for credit/debit cards 0.5% min 2 EUR, max 10 EUR for bank transfers, 1% for Neteller, 0.0% for Pay Pal and Skrill€10 monthly inactivity fee after If the Client’s Account is inactive for 180 calendar days (i.e. there is no trading, no open positions, no withdrawals or deposits), the Company reserves the right to charge an account maintenance fee of 10 EUR (10 GBP, 10 CHF, 50 PLN respectively) per month. (Applies to clients with a total account balance less than 5000 euros ( 4500 GBP, 5300 CHF, 22500 PLN respectively).

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74.91% 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 most payment methods, except for PayPal and Skrill



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, ewallet 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. Credit card 1-5 days, Neteller and Skrill within 24 hours and PayPal instant.

What is Libertex minimum deposit?

Libertex minimum deposit is €100 for your first deposit.

Can I withdraw any amount?

There’s a minimum limit of €10 for all methods except bank transfer.

Does Libertex charge withdrawal fees?

Yes, it’s €1 if you withdraw via debit/credit card. If you withdraw via bank transfer, you pay a 0.5% fee, with a min of €2 and a max of €10. Neteller 1%, PayPal and Skrill for free.

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

Libertex’ 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

74.91% 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. Then you’ll be asked to fill in an onboarding questionnaire and then you’ll undergo a verification process which requires proof of ID and residence. It’s all very straightforward and your account will be verified instantly.

There are three types of accounts at Libertex:

  • Demo Account for trading with virtual money risk free (EUR50,000)
  • Trading account for CFD trading with real money
  • Invest Account for investing in real shares

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

74.91% of retail CFD accounts lose money.

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Libertex Platforms & Underlying Assets Review



PROS:
  • CFDs on Forex, Crypto, Stocks, Commodities, ETFs, & Indices
  • Libertex Trading Platform, Mobile App, MetaTrader 4, MetaTrader 5

CONS:
  • 300+ tradable underlying assets




The Libertex platform is user friendly so the overall trading experience is various. You can trade CFDs on Forex, Crypto, Stocks, Commodities, ETFs, & Indices, a total of over 300 underlying 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

74.91% of retail CFD accounts lose money.

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Libertex Customer Service Review



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

CONS:
  • No 24/7 support



Libertex offers good customer service but it’s on weekdays only, from 8 a.m till 6 p.m. CET. You can reach them via live chat, phone, and email. 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 regulated?

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


Is Libertex regulated?
  • 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. 74.91% 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

74.91% of retail CFD accounts lose money.

Specification: Libertex

Max Leverage 30:1
Assets 300+
CFDs Forex, Stocks, Commodities, ETFs, Indices
Customer Type Beginners, Experienced Traders
Platforms MT4, Mobile App, MT5
Deposit Options Credit/Debit Cards, Electronic Wallets, Bank Transfer
Regulated by CySEC
Customer Service Phone, Email, Live chat

Photos: Libertex

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