Libertex Review for 2023 Reputable Broker Regulated by CySEC

On the other hand one has to wait days, even weeks for them to reply an email. When I provided everything you could imagine and there was nothing left to ask using the AML excuse, they stop replying me and the account was put under “verification”. I’ve been trading with these guys for almost two years . I traded without problems making profit and even they allowed me to make a withdrawal once. I am a particular trader and I have a very big problem with the general issue of fund protection and the incentive for big volume trading at Lirbertex.

• The app provides immediate access to news stories from the most popular financial news sources.
• In the recent era, where online brokers are very popular, Libertex is yet another very popular name when it comes to CFD brokerage and Investment in real shares.
• I’m good trader, but I haven’t some money Please Give me a little loans I will repay you after receiving the money.
• Pepperstone – Pepperstone offers CFD trading to both retail and professional traders.

On a standard Libertex account, there is a commission of 0.003 EUR payable per 1000 EUR of traded volume, whereas the other two account types charge a minimum trading amount commission. There are no commissions with a Libertex Invest account, and investors can receive dividends from owning stocks. Libertex scored very high in the Customer Support category. The broker offers excellent multilingual support, which is available via live chat, phone, and email. The live chat feature is the easiest way to contact the customer support team. The competitiveness of the broker’s trading fees varies significantly from asset class to asset class.

What is Libertex? – The company presented:

From myself I can say that I have experience with libertex, this company clearly adheres to all deadlines. I went to a seminar in Chile last week and it was really great having a senior trader talking about the aspects of the US economy that i didnt understand. It’s just an amount they promise to credit you for starring at their site 4 hours per session for as long as that takes to accumulate the minimum $10.

This allows them to make informed trading decisions while on the go. This is especially important when using such mobile apps since their primary function is to help traders monitor and adjust their running positions. The broker does not charge anything for deposits, though third-party fees may apply for withdrawals. Given that Indication Investments Ltd. is authorised by a top-tier regulator , traders can enjoy a very high level of protection.

Libertex give you a choice of two excellent trading platforms, both of which have intuitive user interfaces and are free to use. They have the popular MetaTrader 4 trading platform and their very own Libertex trading platform. I think you can’t really go wrong with either although I would personally opt for MetaTrader.

Libertex’s Web Trader Platform

Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. Indication Investments Ltd. is part of the Libertex Group and has operated as an OTC derivatives broker for a decade. It offers CFDs and CFD options trading to retail and professional traders, and investment solutions to clients who want to build a portfolio.

Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Both the deposit and the withdrawal methods are very easy and user friendly.

Money disappeared from my account

Libertex’s fees are competitive, especially on cryptocurrencies where commission-free and swap-free trading conditions apply. Retail traders who are predominantly focused on currency pairs and some commodities can also benefit from the low spreads on some of the underlying instruments from those asset classes. Libertex is a reputable online Stocks and CFD broker established in 2012.

We would like to share the Libertex experiences that we have gained with this platform with our readers. At this point it is always important to consider that the advantages in no way outweigh the disadvantages. In addition, interested parties should make sure that the disadvantages are not too negative. At this point we would like to point out that we have only taken objective advantages and disadvantages and in no way wrongly speak well or badly of the provider.

Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive a commission from the companies we feature on this site. There are fees and commissions charged on Libertex like the commission for trade, withdrawal fee and inactivity fee.

Trade with a Regulated Broker

The FAQ section tries to answer a variety of issues, and libertex review promises a one-business-day response time for email queries. You can look at live quotes for every asset by using the Order Management feature. And you can also customize a favorites list to only include your most frequently traded assets. This is helpful for managing price fluctuations on regular trades. You can view your order history, pending orders, and balance from the same section of the site.

Additionally, the broker’s trading fees can be quite competitive on instruments from specific asset classes. Libertex as a whole is a very well-balanced broker that certainly has a lot to offer to all kinds of traders. Pepperstone – Pepperstone offers CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5, cTrader and TradingView platforms. As a fully regulated online broker with years in the industry, it is fair to say that Libertex is a strong and reputable brand.

https://forexhero.info/ analysis is used by retail forex day traders to determine to buy or sell decisions on currency pairs. These can be technical in nature, using resources such as charting tools. Though this is a more limited selection than many other brokers offer, the platforms still provide an enhanced trading experience, as described in more detail below. On the one hand, the broker offers competitive fees and diverse account types, which is quite important for beginners.

This is achieved without having to purchase actual bars of gold. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. The mobile app retains the usability of the web trader platform to an extent, which enhances its general ease of use. The mobile app is easy to navigate as all essential information is arranged orderly, with a heavy emphasis on current news and analyses. The app pays most attention to the latest market developments, letting traders know what is driving the market currently.

• This website is free for you to use but we may receive a commission from the companies we feature on this site.
• Also, there is a Frequently Ask Questions Section on the website of the broker itself that you will surely find useful and helpful.
• This is literally the worst broker out there, it’s fine if everything goes okay, but when something goes wrong or you ask for anything out of the ordinary it goes to total crap.
• In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.

You will be transferred to Libertex in-house trading platform. The broker offers a tight spread model for all CFD products, meaning you can trade with a low gap between the bid and ask price. Withdrawal fee – The broker charges a withdrawal fee depending on your withdrawal method. Note that most brokers in the industry do not charge a withdrawal fee.

After a while they will start charging you even that they write its for free. It becomes even worse when you after several times of writing to them , they continue asking simple questions, that they could have asked about in the request form. Finally I got a confirmation that my account was closed/disabled. The only thing I might wish is to have the cTrader platform as it gives more flexibility for manual trading. There are companies that are really honest, this is not.

In Libertex’s case, in addition to some discrepancies in the way the trading costs are structured, the biggest difference between the various account types lies in the underlying platform. Traders have to select between the ease of use of the Libertex platform and the practicality of the MT4 and MT5 platforms. Contracts for difference are derivatives used to speculate on the price of the underlying without physical delivery. For example, a long position on gold would generate a profit as the price rises or incur a loss as it falls.

MT4 has a large online community where users share different tools and ideas. The platform has tabs where you can view signals from other traders and also a market place where there are additional indicators and expert advisors which can be purchased. There is also the MetaEditor interface where users can programme their very own indicators and EAs in the MQL language. The strategy tester enables the back testing of EAs over historical data. MT4 displays real time price quotes of trading instruments in the market watch window.

We put the knowledge and expertise of our reviewers to work to bring you the most suitable brokers. A total of 200 variables have been analyzed to help you choose your broker wisely. This chart describes all the categories we evaluated and rated. Finance writer, analyst, and author of a book for beginner traders “Bulls, Bears and Sharks” with an experience of over 8 years in retail trading and more than 3 years in the finance area. Libertex allows traders to fund their accounts via several different methods. Regardless of where you are in the world, you should be able to find a method that suits you.

The back-office handles withdrawal requests at Libertex, including Skrill and PayPal. Libertex has received 40+ industry awards from well-respected sources. They are a statement of the ongoing efforts by Libertex to maintain a competitive edge for its clients. Libertex neither offers bonuses nor hosts promotions, which CySEC has prohibited since 2018.