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Libertex Review for 2023 Reputable Broker Regulated by CySEC

libertex overview

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. You can easily load charts in a great range of 9 different timeframes and place multiple order types.

Libertex is an established online broker with millions of retail users. They are headquartered in Cyprus and accept clients from the EEA and Switzerland. Since Libertex started its operations, it has won more than 40 international awards. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability.

Just keep up good work ?.Only possibility to improve would be to add levels for automatic buy/sell of stocks – something similar to what we already have for CFDs. MetaTrader 5 works smoothly on Windows, Mac, and Linux operating systems. It is best used for netting and hedging positions in trade accounting systems.

The live chat feature is a convenient way for clients to get quick answers to their questions or to receive assistance with any issues they may be experiencing. It can also be a helpful resource for new clients who may have questions about the platform or how to use its features. Note that the content on this site should not be considered investment advice.

What we found particularly useful is that Libertex has integrated its FAQ section into its live chat feature, helping you find an answer to your query faster and more easily. And if the algorithm cannot resolve your question, you can always request to be connected with an agent. We found Indication Investments Ltd. very stable and transparent. In addition to the multiple safety procedures it is mandated to comply with under CySEC regulation, information on the website is very clear and easy to digest. The entity’s licencing information and Legal Docs sections are pretty exhaustive, and there is even a Fraud Warning letting clients of the company know of clone firms pretending to be Libertex.

Libertex Account Types

I found the support team to be very helpful and like that there are plenty of funding options. Beginners can browse through some good educational content and practice on a demo account. Despite the positives, I think the account types are limited whilst leverage is restricted for those who do not qualify as professional clients. The non-fx instruments are also not as extensive as some other brokers. If you are looking to trade in a regulated environment with, then I would say they are certainly worth further consideration. Libertex is a powerful trading app that is designed to try and help boost your online trading.

Libertex Review 2023: Is Libertex a Reputable Broker? – CryptoNewsZ

Libertex Review 2023: Is Libertex a Reputable Broker?.

Posted: Wed, 03 May 2023 07:00:00 GMT [source]

Libertex is a regulated Broker by Cyprus Securities and Exchange Commission. Furthermore, Libertex segregates client deposits from corporate funds and offers negative balance protection. On Libertex homepage, click on the ‘Log-In’ button at the top-right corner of your screen. You will be transferred to Libertex in-house trading platform. Withdrawal fee – The broker charges a withdrawal fee depending on your withdrawal method.

Libertex Account Opening Process

The seamless design of Libertex’s platform makes it arguably easier to use than MT4 and MT5, however, it lacks some of the features available in its more popular counterparts. The broker does not charge anything for deposits, though third-party fees may apply for withdrawals. The broker allows traders with different levels of risk-aversion the freedom to diversify their portfolios by opening positions with varying degrees of complexity and risk. And traders can have that extra peace of mind when working with Indication Investments Ltd because it is licenced by a top-tier regulator (CySEC). 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.

The clients under CySEC also receive a compensation scheme of €20,000 for the protection of their funds. For this Libertex review, we have opened a standard account with the broker and deposited over €5,000. The Libertex signup bonus is structured as a +100% bonus program with a minimum deposit required of $100 USD.

The broker operates globally with its license from Cyprus, South Africa, and Belarus. Its offerings include forex, indices, commodities, cryptocurrencies, and stocks CFDs. Libertex provides decent offerings, though in a somewhat limited variety of trading instruments. Overall, Libertex can be summarised as a trustworthy and regulated broker that is very competitive in terms of its trading fees.

What trading platforms are supported by Libertex?

It is great that the broker makes this available to you for free. I have seen this type of software being sold for thousands in the past. The broker platform also accepts these deposits in a variety of payment methods, from bank transfers and credit cards to debit cards and electronic payment gateways.

This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. 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. Commission per trade starts from 0.0003% and depends on the asset class you choose for trading. Note that you can currently trade Crypto CFDs at zero commission (tight spreads apply). The broker has a variety of major, minor and exotic currency pairs to trade.

libertex overview

Trade DAX CFDs with 0% commissions & tight spreads
85.9% of retail investor accounts lose money. However, it has a limited range of payment options and does not offer 24/7 customer support. Furthermore, the lack of educational resources may be a disadvantage for beginner traders who require additional guidance. MT4 and MT5 are popular trading platforms that offer a wide range of trading tools and features. They both support automated trading through Expert Advisors (EAs) and allow for customization of indicators and charting tools. Additionally, they provide access to a large library of educational resources and analysis tools.

Customer service is an incredibly important part of any online broker’s services. So we had to spend some time looking at how you’d get your queries answered in our Libertex review 2023. We found that Libertex has managed to put together a very user-friendly and stylish trading site. While some brokers like to hide behind lots of complicated jargon, our Libertex review found that this site is great for newcomers to trading. This is because the brand puts forward all of the relevant values for trading CFDs on forex, shares, and crypto.

Is Libertex Legal?

Yes, Libertex is regulated and completely authorized by the Cyprus Securities & Exchange Commission.

By reading this Libertex review, you’ll see that this broker gives you the option to trade CFDs on a wide range of stocks, indices and commodities such as metals, agriculture, oil, and gas. The broker also allows you trade CFDs on ETFs.The brand features more than 250 tradable assets. The most popular assets on the Libertex trading platform include CFDs on a DAX, Dow Jones, WTI Crude Oil, Brent Crude Oil, CAC 40, and Light Sweet Crude Oil.

Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by, nor shall it bias our broker reviews. Don’t forget that Libertex features a handy Stop Loss limit tool.

libertex overview

Libertex broker has its own bespoke platform for clients who use MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for trading with a wide range of features and functions. In comparison to other trading platforms, we can conclude that this stocks and CFD broker has a lot to offer. Since its operations years ago, it has received more than 40 international awards. Traders can use the MT4/MT5 trading platforms or Libertex Platform, web-based and mobile alternatives. Unfortunately, Libertex does not offer any add-ons for MT4/MT5.

Additionally, they offer a live chat feature that allows clients to connect with a customer support representative in real-time to get assistance with their questions or concerns. This feature is available 24/5 and can be accessed directly from the Libertex website. The Libertex CFD account is a comprehensive trading account that is designed to meet the diverse trading needs of investors. With this account, you have libertex overview access to an array of trading instruments, including cryptocurrencies, forex instruments, gold, oil, and stock indices, among others. The account comes with a flexible leverage system that allows you to use a multiplier of 1 to 999. More than 250 underlying assets are available on Libertex that are categorized into stocks, forex, indices, commodities like gold, energy, and agriculture), cryptocurrencies, and ETFs.

  • Payment methods such as Trustly, Sofort, GiroPay, iDEAL for withdrawals.
  • The FAQ section answers a range of questions, and Libertex states its response time as one business day for e-mail queries.
  • I found that the majority of trading tools are already built into the Libertex trading platforms.
  • Let’s find out how the broker is doing its business and how transparent they are!

The broker is regulated by CySEC and offers a selection of over 250 underlying assets on its trading platform. Libertex offers a proprietary in house trading platform which is available as a web-based platform and on a mobile device. The platform is compatible with Mac and Windows and as a mobile application on iOS and Android.

If you want to trade on the go, you have to download their android or iOS apps from Google Play Store or iTunes Store. Their android app has a 4 user rating out of 5 on Google Play Store. They keep checking their infrastructure and security measures every year. Libertex’s research content provides an adequate yet not all-encompassing overview of current market trends. The technical analyses also suffer from a lack of supporting materials, such as charts.

  • It also features a commission-free investment account ideal for long-term investors seeking to build dividend-paying portfolios via share purchases.
  • Additionally, the broker provides a range of educational resources and trading tools to support its clients.
  • Briefly I develop trading software and recently Cryptocurrency Wallets, Exchange platforms and Blockchain technology for over a decade.
  • In case if the traders are using the web trading system, they need to click on the “withdraw” tab to initiate the withdrawal request.
  • Plus the brand is active on its Facebook and Twitter social media channels.
  • Depending on the trading strategy, it may become the most significant fee per trade.

The broker regularly publishes informative opinion pieces on hot topics that impact the global economy. However, its news breakdowns do not go beyond explaining the immediate impact of certain market development on a given asset. There are also trading analyses and ideas with a rather limited focus. We conducted our test on the 11th of July via the live chat option, available at the bottom-right corner of the main page.

Kane holds academic qualifications in the finance and financial investigation fields. With a passion for all-things finance, he currently writes for a number of publications in the online space. Click the fund your account and choose your preferred payment method. Libertex executes orders based on a Market Maker model and does not offer an ECN/STP connection. Whether you are a beginner or pro trader, Libertex can be a good choice for your trading.

Is Libertex a good trading platform?

Libertex is authorized and regulated by the Cyprus Securities & Exchange Commission (CySEC) license number 164/12. It is a reputable government authority that examines firms' ability to provide fair financial services. Libertex has a trading licence by CySEC, indicating that Libertex is a reputable broker.

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