Libertex
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Pros and Cons
- Extensive asset selection
- Very low spreads
- User-friendly platform
- Regulated by the FSC
- Supports a variety of payment methods, including crypto
- Withdrawal processing times can be slow
- No support for ZuluTrade
- Customer service response time varies
- Limited educational resources
- Scalping is allowed, but with restrictions
Comprehensive Review of Libertex Broker
Libertex is a well-established online trading platform with a rich history spanning over two decades.
Founded in 1997, it has grown to become one of the most recognized brokers in the online trading industry, particularly in Europe.
Libertex is the trading arm of the Forex Club Group and operates under the regulation of several financial authorities, ensuring a secure and reliable trading environment for its users.
The platform is designed to cater to both novice and experienced traders, offering a wide range of financial instruments, user-friendly interfaces, and advanced trading tools.
In this comprehensive review, we will delve into various aspects of Libertex, including its regulatory framework, trading platforms, account types, fees, customer support, and more.
This detailed analysis aims to provide you with a clear understanding of what it offers, helping you make an informed decision on whether it is the right broker for your trading needs.
Create a Free AccountRegulatory Framework and Security
Regulatory Bodies
Libertex operates under the regulation of several reputable financial authorities, ensuring that it adheres to stringent standards of operation.
The broker is primarily regulated by the Financial Services Commission (FSC) of Mauritius.
FSC is a well-known regulatory body, and its oversight ensures that the company complies with the regulations, which aim to provide enhanced protection for investors across the world.
The FSC ensures that the company maintains transparency, fairness, and integrity in its operations.
Security Measures
Security is a top priority, and the broker employs state-of-the-art security protocols to protect clients’ personal and financial information.
This includes the use of SSL (Secure Socket Layer) encryption technology, which ensures that all data transmitted is securely encrypted.
Libertex also adheres to strict anti-money laundering (AML) and know-your-customer (KYC) policies.
These policies require clients to verify their identity before they can start trading, helping to prevent fraudulent activities on the platform.
Moreover, client funds are kept in segregated accounts, separate from its operational funds, ensuring that clients’ money is protected even in the unlikely event of insolvency.
Trading Platforms
Overview of Trading Platforms
Libertex offers a selection of trading platforms designed to cater to different types of traders.
The broker’s flagship platform is its proprietary Libertex platform, which is web-based and accessible through any internet browser.
In addition to this, it also supports the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are available as desktop applications, mobile apps, and web-based platforms.
The Libertex Platform
The Libertex platform is designed with simplicity and functionality in mind, making it ideal for both beginners and professionals.
The platform’s user interface is intuitive, with a clean layout that makes it easy to navigate between different sections such as the trading dashboard, account management, and news feed.
One of the standout features of its platform is its streamlined trading process.
Traders can open, modify, and close trades with just a few clicks, thanks to the platform’s responsive design.
The platform also offers a wide range of analytical tools, including technical indicators, charting tools, and real-time market data, enabling investors to make informed decisions.
MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
For traders who prefer more advanced trading tools and features, Libertex offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.
Both MT4 and MT5 are widely regarded as industry standards in online trading, offering a comprehensive suite of tools for technical analysis, automated trading, and market analysis.
MetaTrader 4 (MT4)
MT4 is particularly popular among forex traders due to its robust functionality and extensive support for Expert Advisors (EA), which are automated trading systems.
The platform’s features include:
- Advanced Charting Tools: MT4 offers multiple chart types, timeframes, and technical indicators, allowing anyboy to perform detailed technical analysis.
- Expert Advisors (EA): Traders can automate their trading strategies using EA, which can execute trades on their behalf based on predefined criteria.
- Custom Indicators: MT4 allows creating and use custom indicators, providing greater flexibility in their trading strategies.
- One-Click Trading: This feature enables to open and close trades with a single click, making it ideal for fast-paced trading environments.
MetaTrader 5 (MT5)
MT5 is the successor to MT4 and offers several enhancements over its predecessor, making it a more versatile platform for trading a wider range of assets.
Key features of MT5 include:
- Multi-Asset Trading: MT5 supports trading in forex, stocks, commodities, indices, and cryptocurrencies, making it a more comprehensive platform than MT4.
- Improved Order Management: MT5 offers additional order types and more advanced order management options, giving users greater control over their trades.
- Depth of Market (DOM): This feature provides a detailed view of market liquidity, allowing traders to see the volume of buy and sell orders at different price levels.
- Economic Calendar: MT5 includes an integrated economic calendar that provides real-time updates on economic events, helping market participants stay informed about market-moving news.
Mobile Trading
Libertex offers mobile trading through its dedicated mobile app, available for both iOS and Android devices.
The app mirrors the functionality of the web-based platform, allowing traders to access their accounts, execute trades, and monitor the markets on the go.
The mobile app is optimized for smaller screens, ensuring that all features are easily accessible and user-friendly.
In addition to the Libertex app, users can also use the MT4 and MT5 mobile apps, which are available for download on the App Store and Google Play.
These apps offer the same features as their desktop counterparts, including advanced charting tools, automated trading, and real-time market data.
Account Types
Overview of Account Types
Libertex offers 3 account types to cater to different types of traders, from beginners to professionals.
The broker’s account offerings include a standard account, a professional account, and a demo account.
Each account type is designed to meet the specific needs of users, with varying levels of features, leverage, and minimum deposit requirements.
Standard Account
The standard account is the most popular account type, offering a comprehensive set of features that cater to both novices and experts.
The standard account has a low minimum deposit requirement of $100, making it accessible to a wide range of traders.
Key features of the standard account include:
- Access to All Trading Instruments: Users with a standard account can trade all the instruments available on the platform, including forex, stocks, indices, commodities, and cryptocurrencies.
- Leverage Up to 1:500: The standard account offers leverage of up to 1:500, allowing market participants to control larger positions with a smaller initial investment.
- Low Spreads: The standard account features competitive spreads, starting as low as 0.3 pips for major currency pairs like EUR/USD.
- No Commissions: Libertex operates on a commission-free model for its standard account, meaning that the investors only pay the spread on their trades.
Professional Account
The professional account is designed for experienced traders who meet certain criteria set by the broker.
To qualify for a professional account, customers must meet at least two of the following criteria:
- Trading Experience: The trader has traded in significant size (at least 10 trades per quarter) over the last four quarters.
- Portfolio Size: The trader has a financial portfolio, excluding property, of over €500,000.
- Professional Experience: The trader has worked in the financial sector for at least one year in a professional position that requires knowledge of leveraged trading.
Professional account holders benefit from several advantages, including higher leverage (up to 1:500) and lower spreads.
However, it is important to note that professionals do not receive the same level of regulatory protection as retail traders, such as negative balance protection and access to investor compensation schemes.
Demo Account
The demo account is an invaluable tool for beginners who want to practice trading without risking real money.
Libertex offers a demo account with $50,000 in virtual funds, allowing people to explore the platform, test trading strategies, and gain confidence before transitioning to a live account.
The demo account is available for both the proprietary platform and the MT4/MT5 platforms, providing a risk-free environment to learn the ropes of online trading.
Get a 100% welcome bonusTrading Instruments
Overview of Trading Instruments
Libertex offers a diverse range of trading instruments, catering to traders who want to diversify their portfolios across different asset classes.
The broker provides access to over 250 financial instruments, including forex, stocks, indices, commodities, and cryptocurrencies.
Forex Trading
Forex trading is one of the main attractions, with the broker offering a wide selection of currency pairs, including majors, minors, and exotics.
Traders can take advantage of low spreads and high leverage (up to 1:500) to maximize their trading opportunities in the forex market.
The broker also provides access to advanced charting tools, economic calendars, and real-time market analysis to help traders make informed decisions.
Stock Trading
Libertex offers trading on a wide range of stocks from major global exchanges, including the NYSE, NASDAQ, LSE, and Euronext.
Traders can buy and sell stocks of well-known companies such as Apple, Google, Amazon, and Tesla, allowing them to capitalize on market movements in some of the world’s largest corporations.
The broker’s stock trading offering is complemented by competitive spreads and no commissions, making it an attractive option for stock traders.
Indices Trading
For traders who prefer to trade broad market indices, it offers access to major global indices such as the S&P 500, NASDAQ 100, FTSE 100, and DAX 30.
Trading indices allows anybody to speculate on the overall performance of a market or sector, rather than individual stocks.
Libertex provides tight spreads and high leverage on indices, enabling investors to maximize their exposure to global market trends.
Commodities Trading
Commodities trading is another popular option, with the broker offering a range of energy, metal, and agricultural commodities.
Traders can trade popular commodities such as gold, silver, oil, and natural gas, as well as agricultural products like wheat and corn.
Commodities trading is characterized by low spreads and the ability to trade on margin, allowing people to take advantage of price movements in these volatile markets.
Cryptocurrencies Trading
Libertex has embraced the growing popularity of cryptocurrencies by offering a comprehensive selection of digital assets for trading.
The broker provides access to major cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Litecoin, as well as a range of altcoins.
Traders can take advantage of the high volatility in the cryptocurrency market, with competitive spreads and leverage of up to 1:10.
Libertex also offers a range of analytical tools and news updates to help investors stay informed about the latest developments in the crypto market.
Trading Conditions
Spreads and Commissions
One of the key factors that traders consider when choosing a broker is the cost of trading, which is primarily determined by spreads and commissions.
Libertex offers competitive spreads across all its trading instruments, with spreads starting as low as 0.3 pips for major forex pairs like EUR/USD.
The broker operates on a commission-free model for most account types, meaning that traders only pay the spread on their trades.
However, it is important to note that the spreads offered may vary depending on market conditions, such as volatility and liquidity.
During periods of high market volatility, spreads may widen, increasing the cost of trading.
Traders should also be aware that spreads may differ between the Libertex platform and the MT4/MT5 platforms, so it is important to check the specific trading conditions for each platform.
Leverage
Leverage is another important aspect of trading conditions, as it determines the amount of capital that users can control with a smaller initial investment.
Libertex offers flexible leverage options, with leverage of up to 1:500 available for forex trading.
The leverage offered on other asset classes, such as stocks and cryptocurrencies, may be lower, reflecting the higher risk associated with these markets.
It is important for traders to use leverage responsibly, as while it can amplify profits, it can also magnify losses.
It also provides educational resources and risk management tools to help traders understand the risks associated with leverage and how to use it effectively.
Execution Speed and Slippage
Execution speed is a critical factor in trading, especially for those who operate in fast-moving markets.
Libertex prides itself on providing fast and reliable trade execution, ensuring that market participants can enter and exit positions at the desired price.
The broker uses advanced technology to minimize slippage, which is the difference between the expected price of a trade and the actual price at which the trade is executed.
While slippage can never be eliminated, Libertex’s platform is designed to minimize its impact, particularly during periods of high market volatility.
Traders can also use limit orders to specify the maximum acceptable slippage, giving them greater control over their trades.
Fees and Charges
Overview of Fees and Charges
In addition to spreads, traders should also consider other fees and charges that may apply to their trading activities.
Libertex is known for its transparent fee structure, with no hidden charges.
The main fees that people may encounter include overnight financing fees (also known as swap or rollover fees) and inactivity fees.
Overnight Financing Fees
Overnight financing fees are charged when traders hold positions open overnight, reflecting the cost of maintaining the position.
These fees are typically calculated based on the interest rate difference between the two currencies in a forex pair or the underlying interest rate for other asset classes.
Libertex provides detailed information about overnight financing fees on its platform, allowing anybody to calculate the cost of holding positions open for an extended period.
Inactivity Fees
Libertex charges an inactivity fee for accounts that have been inactive for a certain period.
This fee is designed to cover the cost of maintaining dormant accounts and is only applied if there has been no trading activity for a specified period, typically 180 days.
The inactivity fee is clearly outlined in its terms and conditions, so traders are aware of this charge in advance.
Deposit and Withdrawal Fees
Libertex does not charge any fees for deposits or withdrawals, which is a significant advantage for users looking to minimize their transaction costs.
However, traders should be aware that their payment provider may charge fees for processing transactions, so it is important to check with the provider for any applicable charges.
Customer Support
Overview of Customer Support
Customer support is an essential aspect of any online trading platform, as clients may need assistance with account management, technical difficulties, or other queries.
Libertex offers customer support through various channels, including email, phone, and live chat.
Their customer support team is available during regular business hours, and response times are generally quick.
Contact Methods
- Email: People can contact their customer support team via email at support@libertex.org. Email support is ideal for non-urgent queries or for providing detailed information about an issue.
- Phone: Libertex offers phone support, with dedicated lines for different regions. Traders can reach the support team by calling +44 20 3198 9992. Phone support is best suited for urgent queries or for traders who prefer to speak directly with a customer service representative.
- Live Chat: For immediate assistance, clients can use the live chat feature on their website. Live chat is available during business hours and provides a quick and convenient way to get answers to questions or resolve issues.
Quality of Support
The quality of customer support is generally high, with knowledgeable and professional representatives available to assist customers.
The support team is well-trained and capable of handling a wide range of queries, from technical difficulties to account management and trading advice.
While the response times are generally fast, there have been some reports of slower response times during periods of high demand.
However, Libertex continues to improve its customer support services to ensure that clients receive timely and effective assistance.
Educational Resources and Research Tools
Libertex offers a range of educational resources and research tools to help traders expand their skills and make informed decisions.
These resources are designed to cater to people of all experience levels, from beginners to professionals.
- Trading Academy: Libertex’s Trading Academy provides a wealth of educational content, including video tutorials, articles, and webinars. The academy covers a wide range of topics, from basic trading concepts to advanced strategies, helping traders build their knowledge and confidence.
- Market Analysis: It also offers daily market analysis, including technical and fundamental analysis, to help people stay informed about market trends and developments. The analysis is provided by experienced analysts and is available on their platform and via email.
- Economic Calendar: The economic calendar is an essential tool, providing real-time updates on important economic events that could impact the markets. The calendar includes data releases, central bank meetings, and other events that investors need to be aware of.
Account Management and Funding Options
Account Management
Libertex provides a user-friendly account management interface, allowing anybody to easily manage their accounts, monitor their trading activity, and access important information.
The account management section of the platform includes features such as:
- Account Summary: Traders can view their account balance, equity, margin level, and open positions at a glance.
- Transaction History: The transaction history provides a detailed record of all trading activity, including deposits, withdrawals, and executed trades.
- Personal Information: Customers can update their personal information, such as contact details and security settings, through the account management interface.
Funding Options
Libertex offers several funding options, making it easy for traders to deposit and withdraw funds from their accounts.
The broker supports the following payment methods:
- Bank Transfer: Bank transfer is a secure and reliable method for funding a trading account. While it may take a few days for funds to be credited, bank transfers are ideal for larger deposits.
- Credit/Debit Cards: Libertex accepts major credit and debit cards, including Visa and MasterCard. Card payments are processed instantly, allowing people to start trading immediately.
- E-Wallets: E-wallets such as PayPal, Skrill, and Neteller are also supported. E-wallets offer fast and secure transactions, with funds typically credited within minutes.
- Cryptocurrencies: Libertex allows clients to fund their accounts using cryptocurrencies such as Bitcoin. Cryptocurrency payments are processed quickly and provide an additional level of privacy.
Deposit and Withdrawal Process
The deposit and withdrawal process is straightforward and user-friendly.
Traders can initiate deposits and withdrawals directly from the account management interface.
The broker does not charge any fees for deposits or withdrawals, and funds are typically credited within a few hours to a few days, depending on the payment method used.
Trading Experience
User Experience
The overall trading experience is smooth and enjoyable, with the broker’s platform and tools designed to cater to traders of all levels.
The user interface is clean and intuitive, making it easy to navigate between different sections of the platform.
Whether you are a beginner or an experienced trader, you will find the platform easy to use, with all the tools and features you need to trade effectively.
Performance and Reliability
Libertex’s platform is known for its performance and reliability, with fast execution speeds and minimal downtime.
The platform is powered by advanced technology that ensures trades are executed quickly and accurately, even during periods of high market volatility.
The broker also uses top-tier liquidity providers to ensure that traders receive the best possible prices on their trades.
Social and Copy Trading
While Libertex does not offer traditional social or copy trading features, the broker does provide access to a range of signals and trading strategies that those who trade can use to enhance their trading experience.
Traders can subscribe to signals from professionals and use these signals to inform their trading decisions.
Trading Tools and Features
Technical Analysis Tools
Libertex offers a range of technical analysis tools to help market participants analyze the markets and identify trading opportunities.
These tools include:
- Charting Tools: Libertex’s platform offers advanced charting tools, including multiple chart types, timeframes, and technical indicators. Customers can customize their charts to suit their trading style and preferences.
- Technical Indicators: The platform supports a wide range of technical indicators, including moving averages, MACD, RSI, and Bollinger Bands. These indicators can be used to identify trends, momentum, and potential entry and exit points.
- Drawing Tools: Traders can use drawing tools such as trend lines, Fibonacci retracements, and support and resistance levels to analyze price movements and make informed trading decisions.
Fundamental Analysis Tools
In addition to technical analysis tools, it also provides a range of fundamental analysis tools to help traders stay informed about market developments.
These tools include:
- Economic Calendar: The economic calendar provides real-time updates on important economic events, such as central bank meetings, interest rate decisions, and economic data releases.
- Market News: Libertex offers daily market news and analysis, covering the latest developments in the financial markets. The news is provided by experienced analysts and is available on the platform and via email.
- Company Financials: For those interested in stocks, Libertex provides access to company financials, including earnings reports, balance sheets, and income statements. This information can be used to assess the financial health of a company and make informed trading decisions.
Automated Trading
Libertex supports automated trading through its integration with the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.
Traders can use Expert Advisors (EA) to automate their trading strategies, allowing them to execute trades automatically based on predefined criteria.
EA are particularly popular among forex traders, as they can be used to implement complex trading strategies without the need for manual intervention.
Risk Management Tools
Overview of Risk Management
Risk management is a critical aspect of trading, as it helps people protect their capital and minimize losses.
Libertex provides a range of risk management tools to help users manage their risk effectively.
These tools include stop-loss orders, take-profit orders, and negative balance protection.
Stop-Loss and Take-Profit Orders
Stop-loss and take-profit orders are essential risk management tools that allow traders to set predefined exit points for their trades.
A stop-loss order automatically closes a trade when the market moves against the trader by a certain amount, limiting potential losses.
A take-profit order, on the other hand, closes a trade when the market moves in the trader’s favor, locking in profits.
Libertex’s platform allows anybody to set stop-loss and take-profit orders when placing a trade, giving them greater control over their risk exposure.
Traders can also modify these orders at any time, allowing them to adjust their risk management strategy as market conditions change.
Negative Balance Protection
Negative balance protection is a feature that ensures people cannot lose more money than they have deposited in their account.
In the event of extreme market volatility, where losses may exceed the trader’s account balance, Libertex will automatically close positions to prevent the account from going into a negative balance.
This feature provides an additional layer of protection for customers, ensuring that they cannot incur debt as a result of their trading activities.
Market Research and Analysis
Daily Market Updates
Libertex provides daily market updates and analysis to help traders stay informed about the latest developments in the financial markets.
These updates cover a wide range of topics, including forex, stocks, commodities, and cryptocurrencies.
The analysis is provided by experienced market analysts and is available on their platform and via email.
Trading Signals
Libertex offers a range of trading signals that participants can use to inform their trading decisions.
These signals are generated by professionals and analysts and are based on technical and fundamental analysis.
Traders can subscribe to these signals and receive alerts when trading opportunities arise.
Sentiment Analysis
It also provides sentiment analysis tools, which show the percentage of people who are long or short on a particular asset.
This information can be used to gauge market sentiment and make more informed trading decisions.
Competitive Landscape
Comparison with Other Brokers
Libertex competes with numerous other brokers in the online trading industry, each offering their set of features, platforms, and trading conditions.
In this section, we will compare the company with some of its main competitors to highlight its strengths and weaknesses.
Libertex vs. eToro
eToro is one of the most popular online trading platforms, known for its social trading features and user-friendly interface.
While eToro offers a wider range of social trading features, such as copy trading and social feeds, Libertex stands out for its competitive spreads, advanced trading tools, and integration with MT4 and MT5.
Traders who prioritize social trading may prefer eToro, while those looking for a more traditional trading experience with lower costs may find Libertex more appealing.
Libertex vs. Plus500
Plus500 is another well-known broker, offering a wide range of trading instruments and a user-friendly platform.
Plus500 operates on a commission-free model, similar to Libertex, and offers competitive spreads on its instruments.
However, Libertex has the advantage of offering more advanced trading platforms, such as MT4 and MT5, which provide greater flexibility and customization.
Plus500 may be more suitable for beginners, while Libertex is better suited for those who require advanced tools and features.
Libertex vs. IG Group
IG Group is a leading broker with a strong reputation for its trading platform and range of markets.
IG offers a wider range of markets, including access to more exotic forex pairs, bonds, and options.
However, Libertex offers more competitive spreads and fees, making it a cost-effective option.
IG Group is ideal for traders looking for a wider range of markets, while Libertex offers a more streamlined and cost-effective trading experience.
Final Thoughts
Libertex is a well-established and reliable broker with a strong track record in the online trading industry.
With over two decades of experience, the firm has built a solid reputation for its user-friendly platform, competitive spreads, and wide range of trading instruments.
Libertex’s regulatory oversight by FSC provides peace of mind, knowing that funds are secure and that the broker operates under strict regulatory standards.
Its proprietary platform, along with its support for MT4 and MT5, offers traders a range of tools and features to enhance their trading experience.
Whether you are a beginner or an experienced trader, it provides the tools and resources you need to trade effectively and confidently.
In conclusion, Libertex is a strong contender in the online trading space, offering a comprehensive and cost-effective trading solution for traders of all experience levels.
With its competitive pricing, advanced trading tools, and commitment to customer satisfaction, Libertex is well worth considering for your online trading needs.
Visit official website: www.libertex.orgFAQ
Is Libertex a regulated broker?
Yes, the company is regulated by the Financial Services Commission (FSC). These regulations ensure that Libertex operates under strict guidelines and provides a safe trading environment for its users.
What are the available payment methods?
Libertex supports various payment methods including bank transfer, credit/debit cards, PayPal, Skrill, Neteller, and cryptocurrencies. This variety allows users to choose the most convenient method for their transactions.
Does it offer a demo account?
Yes, Libertex offers a demo account which is ideal for beginners or those looking to test out the platform before committing real funds. The demo account mimics real market conditions, allowing traders to practice without any financial risk.
What are the spreads like on Libertex?
Libertex offers very low spreads, making it a cost-effective option. For example, the average spread for the EUR/USD pair is 0.3 pips.
Is scalping allowed?
Yes, scalping is allowed on Libertex. However, there may be some restrictions depending on the trading account and market conditions.
How is Libertex's customer service?
Libertex offers customer support via email and phone. While they are generally responsive, some users have reported variable response times. For the quickest assistance, it's recommended to contact them during regular business hours.
Does it charge any fees for deposits or withdrawals?
Libertex does not charge any fees for deposits or withdrawals, which is a significant advantage for those looking to minimize their transaction costs. However, it's important to check if your payment provider charges any fees.
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Article written, edited and reviewed by
Last updated: September 19, 2025
