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Libertex review: Should you sign up or not? – Broker test for new traders

  • Instant registration
  • Low fees and tight spreads
  • User-friendly platform
  • Forex company for more than 20 years
  • Free demo account available

This review is about Libertex.org. It is an entity which not operate in Europe. This review is not for EEA traders.

Online trade is something that so many people have been unsure of since there is no way one party can know the other. For this reason, people are often not sure whether online trade is beneficial or risky. The same can be said with trading forex online. It is dangerous and filled with uncertainties on the broker the trader is trading on.

Libertex is a forex broker that people trade on. Here you will learn how good the broker is and why the broker is so popular. You will also learn what the broker has to offer the traders and get to decide if it’s the broker you want to trade on. Is Libertex even a licensed broker? If it is, what are the regulators regulating the broker? Let’s find out.

The official website of Libertex
The official website of Libertex
→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

What is Libertex? – Quick facts about the broker

The trading platform of Libertex
The trading platform of Libertex

Libertex is a forex trading platform that was founded in 2012. The broker’s main office is in St. Vincent and the Grenadines by the Forex Club International LLC (Registration No. 1277 LLC 2021) and MAEX LIMITED, a company registered in the Republic of Mauritius (Registration No. 158250 C1/GBL and Licence № С118023400 issued by the Financial Services Commission, Mauritius). The broker presents multiple trading assets to the traders who can trade on the platform. It offers some of the best prices for its assets among other forex brokers in the industry.

Traders have access to the platform’s unique trading platform, making them accessible to the different trading assets. Another thing that makes the platform good is its user-friendly platform for its traders. The traders can manipulate the look of the platform to be something that suits their trading style.

The official logo of Libertex

Libertex has more than 30 awards to its name. This shows that the platform is a good broker. Even though it was established ten years ago, the broker is still recognizable and has been awarded. This shows that it can compete with some of the brokers in the forex industry. Some awards this broker has won include the best CFD broker in Europe and the most trusted broker.

The broker offers a variety of assistance to the traders through educational resources meant to develop them and ensure that they have adequate information to develop their trading skills. Traders are ensured that they have proper security, from creating their accounts to withdrawing funds from their trading accounts.

  • Founded in the year 2012
  • It is under proper regulation 
  • The broker has more than 30 awards
→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

Regulation: Is Libertex regulated?

Yes, Libertex is a regulated forex broker. Besides, Libertex is under a directive to separate traders’ funds from the company’s funds. With this directive in place, traders can fund their trading account knowing that it is not going into the account that belongs to Libertex. Another directive is that the broker should be able to let the traders know how much it is to trade on the platform. Libertex can not, by any means, manipulate the price of the market.

Security measures for traders and their money

Protection of funds on Libertex

The traders on Libertex have proper security coming from different angles. The broker has existed for more than ten years; over these ten years, Libertex remains a good broker that has even won awards. This is proof that the broker is trustworthy.

The traders’ deposits are in safe hands because when they deposit funds, straight to the traders’ bank account. This practice prevents the mixup of funds and fear on the traders’ path. This is following the FID of Anti-laundering money. 

→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

Review of the trading offers and conditions of Libertex

The sole function of every broker is to provide financial securities for their traders. The assets are what traders use to make a profit on the platform. Libertex trading platform offers traders more than 200 trading assets that range from different products. Tradable assets on Libertex’s platform include stocks, CFDs, Currency pairs, commodities, ETFs, Cryptocurrencies, and indices. Let’s look at them one after the other.

Forex

Forex trading on Libertex

These are currency pairs that traders get when they access the trading platform. Forex on Libertex starts with a leverage of 1:30. The traders can assess the currency pairs on the different trading platforms. Some examples of tradable currency pairs include EURUSD, USDCHF, NZDUSD, etc. The amount per lot for every trade costs $20. Spread can start from 0.8 on with EURUSD. Traders can trade this asset overnight on the broker’s platform.

Forex assets:51+
Leverage:Up to 1:30 for retail clients, up to 1:600 for professional clients
Trading costs:Spreads from 0.8 pips, $20 amount per lot for every trade
Execution:Instant
Availability:During trading hours
→ Trade forex with Libertex now!

(Risk warning: Your capital can be at risk)

Stocks

Available stocks on Libertex

Traders have access to trade the different stock products. The broker offers pure CFDs and vanilla for their traders to choose from. Some stock products available with the broker are Apple, Aphria, Amazon.com, etc. The brokers have different commission fee percentages and leverage on them. For example, Apple has a commission fee of -0.207 percent, and the leverage cost is 1:5. Different industries offer their shares to investors on the platform.

Stock assets:50+
Leverage:Up to 1:30
Trading costs:Vary, depending on chosen asset
Execution:Instant
Availability:During trading hours
→ Trade stocks with Libertex now!

(Risk warning: Your capital can be at risk)

CFDs

Polular CFDs on Libertex

Traders have access to CFDs on the broker. There are, in fact, more CFD open markets on the broker than normal. The CFD comes from different assets that the broker has to offer. There are many, so the traders have a wide range of choices when they want to invest in them.

CFD assets:50+
Leverage:Up to 1:30 for retail clients, up to 1:600 for professional clients
Trading costs:Vary, depending on chosen asset
Execution:Instant
Availability:During trading hours
→ Trade CFDs with Libertex now!

(Risk warning: Your capital can be at risk)

Commodities 

Metals on Libertex

Commodities are one of the best assets to trade. Commodities usually have low risks since they have to deal with natural products. The leverages differ, so traders using any account type can trade commodities. So commodities offered on the broker include metals (like copper, gold, and silver), oil and gas (crude oil from a different company), and natural gases. Traders can also trade agricultural products such as sugar and cocoa. 

Commodity assets:50+
Leverage:Up to 1:30
Trading costs:Vary, depending on chosen asset
Execution:Instant
Availability:During trading hours
→ Trade commodities with Libertex now!

(Risk warning: Your capital can be at risk)

Cryptocurrencies 

Cryptocurrencies on Libertex

Traders can access some cryptocurrencies that the broker has to offer. However, this asset is not available for trade in those regions where it is banned. Traders have access to trading one coin for real money or trading from one Cryptocurrency to another. Bitcoin, Ethereum, etc. These are examples of cryptocurrencies on the broker’s platform.

Cryptocurrency assets:70+
Leverage:Up to 1:30
Trading costs:Vary, depending on chosen asset
Execution:Instant
Availability:24/7
→ Trade cryptocurrencies with Libertex now!

(Risk warning: Your capital can be at risk)

ETFs

ETF CFDs on Libertex

This is another asset available on Libertex. The leverage here is fixed at 1:5, and traders get to enjoy trading ETFs in a friendly trading condition. The broker offers traders the opportunity to learn how to trade an ETF on the demo account. Traders can learn about ETFs, too, before trading them. The commission for these assets is low.

ETF assets:Various ETFs available
Leverage:Up to 1:5
Trading costs:Vary, depending on chosen asset. Usually tight spreads.
Execution:Instant
Availability:During trading hours
→ Trade ETFs with Libertex now!

(Risk warning: Your capital can be at risk)

Indices

Indices on Libertex

Traders can access over 100 stock indices on the platform. Some of them are NASDAQ 100, S&P 500, and DAX.

Index assets:100+
Leverage:Up to 1:30 for retail clients, up to 1:600 for professional clients
Trading costs:Vary, depending on the chosen asset
Execution:Instant
Availability:During trading hours
→ Trade indices with Libertex now!

(Risk warning: Your capital can be at risk)

Options

Options on Libertex

Traders can trade some assets on the options market. Check the broker’s website to see all the assets that can be used. However, there is a zero commission fee for trading options and a leverage of 1:5.

Option assets:Few binary options are available
Leverage:Up to 1:5
Trading costs:Vary, depending on the chosen asset. Usually zero commission fee for options
Execution:Instant
Availability:During trading hours
→ Trade options with Libertex now!

(Risk warning: Your capital can be at risk)

 

Trading fees: How much does it cost to trade with Libertex?

Trading fees on the broker mostly come from commissions. This is because Libertex, as a forex broker, offers more CFDs than the real product, so it cannot charge fees on the spread pip of assets. Looking at this, the broker is sort of a free-spread broker. The fee charges are mostly from commissions placed on whatever product the traders are opening the market with. 

Another fee that comes from the company is the swap fee. Traders who hold trading positions at night are charged a particular amount for remaining in the market from 00:00. Then there’s an inactivity fee for traders who do not take action on their trading account for the next six months. Libertex will charge such traders $10 once the six months expire. This fee only applies to those who have an amount less than $5000 on their trading account.

The broker’s charge for deposits and withdrawals is $0. But in some cases, the payment method that traders are using may attract a fee. Also, the fee may result from the region you are trading from. Besides, the traders can make deposits and withdrawals for free on Libertex’s platform.

Fee:Information:
Swap fees for overnight open trades:Yes, apply
Management fees:No management fees
Inactivity fee:$10 per month for 6 months of inactivity
Deposit fee:No deposit fees
Withdrawal fee:No withdrawal fees
Market data fee:No market data fees
→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

Test of Libertex trading platforms

What are the available platforms for traders that want to or are trading on Libertex? A trading platform is the access area to the chart and market of forex. Trading platforms are meant to be simple, help the trader focus, and are user-friendly. Is this how Libertex’s trading platforms are? Let’s look at the platforms available for potential and existing clients. 

MetaTrader 4

Libertex MT4

MetaTrader 4 is a popular trading platform accessible to traders of different account types. The MT4 has unique charting systems that have made the platform relevant. MetaTrader 4 platform is more than 20 years old, and yet many traders prefer to use this particular asset. The traders using this platform have access to more than 30 technical indicators to help make trading easy. Traders can access multiple assets on this platform, which comes with a demo account. 

→ Sign up with Libertex now and start using MetaTrader 4!

(Risk warning: Your capital can be at risk)

MetaTrader 5

Libertex MetaTrader 5 on desktop and mobile phone

This is another popular trading platform. It was built to upgrade the MT4 trading platform ten years after it started. This platform has more than 40 technical indicators for traders to use. The traders have access to multiple trading assets, giving trading a wide range of choices when selecting the perfect asset for their portfolio. The MT5, though having more technical indicators and charting, still doesn’t have as many users as the MT4. The user interface and friendliness of this platform are very good. 

→ Sign up with Libertex now and start using MetaTrader 5!

(Risk warning: Your capital can be at risk)

WebTrader 

Libertex WebTrader platform

WebTrader is a platform available on your mobile and desktop browser. The platform functions well, although it is not as good as the MT4 and five because of its speed, usability, and ease. The WebTrader often tends not to move smoothly, especially on phones. But it’s a platform with the broker, meaning you do not need to download it. It is not a 3rd-party platform. The assets available for trade are also much, and traders have access to some trading tools.

→ Sign up with Libertex now and start using WebTrader!

(Risk warning: Your capital can be at risk)

Mobile Trader

Libertex mobile app

As for the Mobile Trader, this is an application that traders have to download on their phones. The application is available for both android devices and iOS. Mobile Trader is a good trading platform because users can download MT4 or five plugins. This platform is flexible, simple to understand, and has unique trading tools to help investors make more precise trading decisions. 

→ Sign up with Libertex now and start using Mobile Trader!

(Risk warning: Your capital can be at risk)

How to trade on the platform

How to trade on the Libertex platform

How can a trader trade on the platform? To trade on any platform, you first need to open a trading account with Libertex. Opening a trading account will not take more than 6 minutes. Then get it verified to access your real account. However, once you have accessed your trading account, you need to fund the account with money; after all, it is impossible to trade without funding your trading account as a new trader.

Once you have funded it and the money reflects, choose a particular asset, or you can pick the assets you want on your trading portfolio and start trading with them. However, as a new trader, do not carry out multiple transactions as you may not be able to watch them all simultaneously. So it is advised that you take it one step at a time. 

How to trade on the Libertex platform

When you pick the asset, choose the position on the chart. Enter the trading amount you want to use to stake and the duration. If you’re new, you may want to hold short trading positions. Confirm the trade, and the market will be open. Whether you are buying or selling, you will either make a profit or a loss, together with your position on the chart. 

Keeping your eyes on the market is your priority because the market can change, and when you think it’s in your favor, it’s not. Watch the market carefully to know if you can cancel or continue trading. Practicing with your demo account and using the tools on the platform will be useful to you, so it’s best if you use them regularly. 

→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

How to trade forex with Libertex

How to trade forex with Libertex

Trading currency pairs is one of the most common assets that traders engage with brokers. When you one your account and have access to your trading platform, choose the currency set you would like to place a trade with. For example, choose EUR GBP as the asset you wish to trade. Before placing a trade, ensure your account is funded with the money. 

Choose your trading position and select whether you want to buy or sell. Choosing buy will mean if the market moves higher than your position, you will make a profit. While selecting to sell means if the market moves lower than your position, you will make a profit. Enter how much you’re willing to open the market and how long you want to hold the position. 

Confirm and watch the market movement. Especially if you’re holding the position for a short time, shorter than a day, you should ensure your eyes are on the market movement. You make a profit trading forex if your prediction about the market is right, but if not, you will make a loss. It is possible to abandon your trade before it ends if the market is not going well. You might not make a full loss by doing so. 

Before you trade forex with your real account, you should use a practice account to prepare yourself. You could use it to strategize and make plans instead of trading carelessly. Test out your strategy more than once in practice before using it on your live account. Traders may also use technical tools to set better trading positions on the chart.

→ Trade forex with Libertex now!

(Risk warning: Your capital can be at risk)

How to trade options with Libertex 

how to trade binary options with Libertex

Options are assets that are easy to trade. Just as easy, they involve high risks. An option is an investment strategy that involves ‘yes’ or ‘no.’ It is possible to make very careless decisions while trading binary options assets. However, to trade them, you should practice with your demo account before you decide to trade with your live account.

Choose the trading position on the chart after you must have clicked either buying or selling. Enter how much you want to place the trade on the market and the length. Once you confirm it, your position on the market will be open. If you set the trade for one day, it will take exactly one day before the trade ends. You can, however, pull out before it ends.

If the trade goes as predicted, you can remain on the market. Before trading binary asset, you should ensure that you have proper knowledge about how it works. You can also you the demo account to strategize and make plans. Whether you’re buying or selling, your position on the chart makes either a profit or a loss in the binary options market.

→ Trade binary options with Libertex now!

(Risk warning: Your capital can be at risk)

How to trade cryptocurrencies with Libertex

How to trade cryptocurrencies with Libertex

Trading cryptocurrencies on Libertex is just as straightforward as trading any asset on the broker. Traders must open an account with the broker and fund their account with some money before they can trade any cryptocurrency on Libertex’s trading platform. Once your account has funds, go ahead and choose the crypto you want to place a trade with.

When you choose, for example, ETH on your platform, you will need to decide whether you want to buy or sell. Like forex, if you’re buying and the market goes above your position, you have a profit, but if not, a loss. By choosing Ethereum, you’re making a bet on the market movement of the coin for the duration you’re willing to stay on the market. Choose your staking price and trade.

It is possible to hold an overnight position with cryptocurrencies so that you can trade for a whole day with this asset. When you place your trade, always keep an eye on the market. Remember that at any time, especially if you do not strategize properly, the market can shift against you. At such a time, you need to abandon the market. Traders should also use their demo account to know how to strategize and use the trading indicators to make their predictions more precise. 

→ Trade cryptocurrencies with Libertex now!

(Risk warning: Your capital can be at risk)

How to trade stocks with Libertex

How to trade stocks with Libertex

If you’re familiar with trading forex, trading stocks should not be a big deal. The risks involved in the stock market are even milder than in trading currency pairs. You must open an account with Libertex to access its stock assets and market. Once you log in or have created your account, you can choose your stock asset.

For example, when you’ve picked the one you want to trade with, AMZ. You must decide whether to buy or sell, select a trading position, and then open the market by confirming the trade. Once you confirm it, you will have to watch the market movement. Before you place a trade, using a technical indicator will help. You could use it to know positions where there will be high or low trades.

If the market is going in your favor, you can wait till the end to cash out fully. However, if not, you can abandon your already opened market. If you’re new to trading, you should utilize the free demo account available on the platform. No, every broker offers the traders a demo or practice account. You may also use the copy trading option to copy the trading style of an expert trader; this is an easy way of trading stocks on Libertex’s platform.

→ Trade stocks with Libertex now!

(Risk warning: Your capital can be at risk)

How to open your trading account with Libertex

How to open a trading account with Libertex

To open your trading account on the broker platform, go to the website to start your registration. Just at the top right corner, you will see the register button. Click on it to begin your registration process. This should not take more than 6 minutes of your time. By clicking the register button, your browser will bring out a pop-up where you will fill in a registration form. 

To register, the broker will require you to enter an email address; ensure that you enter the one you use often or that is accessible. You will also need to input your phone number and then a password. To register, you must first agree to the terms and conditions of the broker’s platform. You can then click the open account button. You will be sent an email; click on the link to help verify your trading account. 

Libertex sign up form

To continue your registration after clicking the link, you will be referred to a page where you have to complete a KYC form. The form will contain more information about yourself. Your full name, street, date of birth, nationality, finance, title, etc. You must enter the right information about yourself to avoid delay in verifying your trading account. Once you complete this, you will have to verify your account. 

Libertex requires every trader that wants to be a customer to submit a form of identity and residency proof. Once submitted, the broker will need to process the account. This will take time, so in the meantime, you may use your demo account to begin practicing how to trade on the platform. When your account has been verified, a mail will be sent to you from Libertex, and you will be able to login into your account and fund it. Once your account is verified, live trading can begin.

→ Open your trading account with Libertex now!

(Risk warning: Your capital can be at risk)

Account types of Libertex explained

Account types of Libertex

Once you have registered as a trader on Libertex, the next step is to choose the type of account you will be trading with or, basically, your trading account. While you might expect that there will be a range of options (account types) to choose from, it is not so with Libertex. 

Instead, traders only have two options. The ‘real’ or live account for trading or investing and the demo or practice account. The good part here is that as a trader, you do not incur any additional charge on the spread, which is common with brokers with various account types. 

Facts and data of the Libertex account

Libertex only charges traders commission, and there is no charge on spreads. The commission charged on the Libertex Real (Live) account varies depending on the asset and type of trade. On a popular forex pair like EURUSD, the average commission is about 0.008%. 

However, on crypto pairs, the commission charged ranges from 0.47% to about 2.5%, while on stocks, it is anywhere between 0.1% to 0.2%. As a trader, it is advisable to read the terms thoroughly to understand the commission charged and to know which works best for you. 

→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

Can you use a demo account on Libertex?

How to open a demo account on Libertex

Like other brokers, Libertex offers traders the option of starting with a practice or demo account. With this, traders can try to get better at trading and improve their trading skills and strategies before launching their live (real) accounts. 

000 in virtual funds on the Libertex demo account

They can also use the demo account to thoroughly understand how the platform works and if it suits their trading needs before depositing some real money. On the Libertex demo trading account, traders have access to £50,000 virtual funds, which they can trade with. The demo account is the same as a real funded account; the only difference is that the funds are virtual. However, all other trading activities, and tools, are the same. 

The demo account is accessible both on the web and through mobile apps. It is ideal for new or beginner traders who need to understand their trading style. New traders can easily practice here till they are ready. 

→ Open your demo account with Libertex now!

(Risk warning: Your capital can be at risk)

How to login to your Libertex trading account

How to login to a Libertex trading account

Before logging in to your Libertex trading account, ensure you have signed up. Once this is done, you can easily log in whenever you want to trade. If you are trying to log in via the Libertex webpage, head to their website and click on the login button to get started. 

You will need to enter your email and password, the same details you used to create your account. As long as these details are registered and correct, you should be able to access your account without difficulty. You can then start trading if you have already funded your account. If not, you can process the deposit session to fund your trading account. 

If you are unable to log in, there are two possible reasons. Either you have somehow forgotten your login details, or you haven’t registered with Libertex. You must find the forgot password button if it is the latter. Clicking this means you would like to reset your password or change it. 

Libertex login form

You will be required to put in your registered user ID or email address that you registered with. Libertex will send a password reset link or pin to your email address. Once this is done, you just have to click the link to create a new password. If it was a pin that was sent, then you need to type in the pin, and you will be able to log in. 

If you created a new password, you should go back to the webpage or the mobile app and try logging in again with the new password. This will sort out your login issues, and you will be able to start trading. 

You can set up your details with your Google account to avoid this problem. This way, even when you forget your password, you can log in with your registered Google email. Another option is to set up the biometric login if you use the mobile application. In this case, you can log in with your fingerprint or face ID.

→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

Verification: What do you need, and how long does it take?

Verification form on Libertex

After signing up on Libertex, you will also need to get verified. This verification means that you have finalized your registration and can begin trading on your live account. However, even without complete verification, you can still trade on your demo account. 

Getting through the verification process is much like the ones you experience with other brokers. You will need to submit a valid document as a means of identification. This document can be your National Identity Card or your valid voter’s card in your country. It can also be an international passport or a government-approved identification card. 

Proof of identity on Libertex

Libertex does not recognize school ID cards for verification purposes. Next up, you will need to provide a document as proof of residence. For this part, you can submit a recent utility bill, like your phone bill, light bill, water bill, etc. 

These documents also require a specific size as well as the file type. Ensure that all your documents as images are clear enough. This is one of the reasons why your identity document will be rejected, so it is best to get them ready before uploading. 

Proof of residence for the verification on Libertex

The name you registered with must also be the same on your identification card and proof of residence. After uploading these two documents, you will have to wait three business days to complete the verification process. Sometimes, it doesn’t take this long for your documents to be verified. 

Once you have completed the verification process, you can proceed to fund your live account and start trading. 

→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

Available payment methods for deposits and withdrawals

Available payment methods for deposits and withdrawals on Libertex

With Libertex, there are various payment options available to traders. This way, you don’t have to struggle when trying to fund your trading account. No matter where you are, there will be a method that suits you. 

The deposit options available include: 

  • Bank transfer
  • Trustly
  • Skrill
  • Paypal
  • Sofort
  • Trustly
  • Neteller
  • Multibanco
  • P24
  • iDeal
  • Rapid Transfer
  • Debit/credit card
→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

How to deposit money – The minimum deposit explained 

How to fund an account on Libertex

To deposit into your real account on Libertex, you will need to log into your account on the web or mobile app. Do this with your username and password. If you are using the app, or the mobile application, locate the Wallet tab and then click on the ‘Deposit’ button. Choose your preferred payment method and follow the prompts to complete your payment. 

Click on your name in the top right corner for the web platform. Then click on ‘Fund your account, choose the desired payment method here, and click on ‘Continue.’

Libertex deposit form

A page will pop up; carefully read the information there. Ensure you double-check everything, especially the amount you are funding with. Then follow the prompts, and complete your deposit. 

In most cases, the payment methods get processed instantly. However, some bank transfers take up to several hours, depending. For a real account on Libertex, the minimum deposit allowed is €100.

→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

Withdrawal review – How to withdraw your money on Libertex

How to withdraw funds on Libertex

To withdraw on Libertex, head to the web platform, locate the ‘Withdraw’ section and proceed. If you are on the mobile application, select ‘Wallet’ and click ‘Withdraw.’ Type in the amount you want to withdraw, and follow the instructions to complete your transaction. 

When it comes to withdrawal, not all payment methods used for deposits can be used to make withdrawals. Some examples include Trustly, GiroPay, iDEAL, Sofort, and Multibanco. You can only use these options to fund your account and not withdraw from it.

Libertex withdrawal form

Traders who funded their accounts with any of the methods mentioned above will need to withdraw using another method. You can refer to the Libertex terms to understand this better. 

→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

Deposit bonuses on Libertex

Libertex does not offer any deposit bonus to traders. Although, there is a signup bonus for those creating accounts with Libertex for the first time. 

Customer support for traders

Contact form on Libertex

Libertex provides adequate support for traders on its platform. There is a support session on the Libertex webpage where traders can find answers to many frequently asked questions. This is quite helpful as not all traders are willing to send an email to get answers to their questions. 

Traders can simply navigate the support session, type in a keyword or a frequently asked question, and get an answer. The platform supports about nine languages, which is helpful for traders in different parts of the world. 

For additional support, traders can call the client department to get help or resolve a complaint. 

Contact Information 

  • Email Address: [email protected]
  • Website: https://libertex.com/
  • Phone number: +357 22 025 100
Customer care number:Email support:Live chat:Availability:
+357 22 025 100[email protected]Available9:00 AM until 9:00 PM (Cyprus time), Monday to Friday
→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

Educational material – How to learn with Libertex

Education material on Libertex

Traders have access to trading courses and other educational resources on Libertex. Beginner traders can take basic trading courses, join webinars, and more. This is helpful to traders because you can find your foot in the financial market with these resources. 

You can join the Trading Academy to take these courses. These resources are available to all registered clients. There is also an extensive library with tutorials, videos, and more. You can then proceed to practice the Libertex demo account. When you have gained enough knowledge, you can fund your live account and start making some profits. 

Additional fees on Libertex

Libertex doesn’t charge any extra fees for trading. Since there are only two types of accounts, the demo, and the real account, traders don’t pay spreads either. Signing up is also free. You get to fund your account when you choose. Otherwise, you can keep practicing with the demo account. 

The broker only charges commissions. There are no monthly fees either. Libertex charges a rollover tee which they take at the close of a trading day (9 pm GMT). 

→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

Available countries and forbidden countries 

Libertex is available in about 27 different countries.

However, it does not accept clients in the following countries:

  • USA, Vanuatu, Quebec of Canada, Afghanistan, Japan, Tunisia, Azerbaijan, Iran, Bosnia and Herzegovina, Venezuela, Brazil, Trinidad and Tobago, Cuba, Burundi, Guyana, Lao PDR, Iraq, Sri Lanka, Uganda, Yemen, Syria, North Korea, Ethiopia, Sudan, the Democratic Republic of the Congo, Zimbabwe, Libya, Nicaragua, Mali, Somalia.

Conclusion – Libertex is a reliable broker

Awards of Libertex

Like every other broker in the financial market, Libertex has several benefits and disadvantages. For instance, if you are a trader who doesn’t have the time to follow the market, you won’t be able to enjoy the benefits of copy trading as it is unavailable here. However, Libertex might be a safer option if you are concerned about fees since only commissions are charged

→ Sign up for free with Libertex now!

(Risk warning: Your capital can be at risk)

Frequently asked questions (FAQs) about Libertex:

Does Libertex offer copy trading? 

Libertex does not provide traders with copy trading services at the moment. Although trades are automated, copy trading or social trading platforms are not available on Libertex. 

Is it safe to trade with Libertex?

Libertex is a well-regulated broker, and so far, there is no reason why traders cannot feel safe with this broker. The company started in 1997 and has served over 2.2 million clients worldwide. 

Can beginners trade on Libertex?

Beginners can certainly find it easy to understand and navigate the Libertex platform. Also, there are lots of educational resources to help beginners find their feet. If you are just starting as a trader, or do not have sufficient knowledge of the financial market, start with the demo account first.