CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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.

Pros
  • Offer multiple assets
  • friendly trading platform
  • tight spread fees
  • Regulated
Cons
  • charges a commission

Libertex Group was established in 1997.Over time, the broker has achieved the milestones of success by having more than 2.2 million clients. Libertex has attracted customers from all over the world. Although it has limited asset selection, the broker successfully executes its business model with trust in its marketing efforts. It is regulated by the uncompetitive framework of CySEC.It was awarded as a “trading platform of the year 2020” by a financial magazine European CEO. 

Regulation: 

The Libertex brand is operated by the regulated entities under the following authorities:

“The Libertex brand is operated by the CySEC (Cyprus Securities and Exchange Commission) and FSCA regulated entities.

Indication Investments Ltd is a regulated entity under the Libertex brand and has its headquarters in Limassol, Cyprus.”

Available CFDs financial instruments: 

Currency pairs CFD:

You can get access to over 45 currency pairs, as well as major crosses, Russian rubles, and exotics with tight spreads on all pairs.

Commodities CFD:

The available CFD commodities at Libertex for trading are energies such as West Texas Crude Oil, Brent Crude Oil, and Natural Gas.

Metals CFD:

You can trade precious metals such as Gold CFD, Silver CFD, Palladium CFD, Platinum CFD, and copper with varying leverage. 

Agriculture CFD:

Libertex provides access to 8 agricultural markets that include cacao cfd, coffee cfd, sugar cfd, soybean cfd, corn cfd, and wheat cfd. 

Oil and gas CFD:

Libertex provides access to 5 oil and gas markets. The broker offers WTI crude oil cfd, Heating oil cfd, Brent oil cfd, Light Sweet crude oil cfd, and  Henry Hub natural gas cfd.

Indices CFD:

While trading with Libertex, You can get access to 30 main cfd indices stock markets that include some of the most liquid around the globe.

By choosing Libertex, you can get diversified options in trading as you can access markets of Europe, the middle east, Asia, South America, and North America. 

ETFs CFD:

Libertex gives access to 10 chosen ETFs that include some of the most liquid around the globe. 

Stocks CFD:

If you trade stocks CFDs with Libertex, you can have plenty of opportunities for trading, thanks to its global market access. 

In the case of share CFDs, customers can trade in more than 50 listed companies. It includes stocks in cannabis, finance, automobile industry healthcare, and more. 

Cryptocurrencies CFDs:

You can access 50 cryptocurrency CFD pairs while trading with Libertex. You can trade on crypto pairs such as  Avalanche(AVAX), Polygone (MATIC), Cardano (ADA), Yearn Finance (YFI), Sushiswap( SWAP), Polkadot (DOT), Maker,  Dogecoin (Doge), Vechain (VET) and more. 

Libertex leverage:

The retail clients can get leverage up to 1:30

Trading platforms:

Libertex offers trading in different platforms including professional platforms such as MetaTrader 4. You can use the following options to trade at Libertex:

Mobile App

A fully functional mobile app is available for both iOS and Android devices. It provides traders a simple and easy user interface for trading. It also gives access to a lot of risk management tools anywhere you want. 

Metatrader 4:

If you choose this trading platform, you can enjoy the following features:

  • You can trade with a minimum delay
  • Trade with over 100 analytical tools and 45+ currency pairs
  • NDD (No dealing desk)
  • Economic news feed
  • Flexible order management

Metatrader 5:

If you choose this trading platform, you can enjoy the following features:

  • More analytical tools than MetaTrader 4
  • Hedging and netting
  • Newsfeed vs economic calendar
  • MQL4 vs MQL5

Fees:

The broker doesn’t cost any monthly fees. The fees are associated with trading are commissions and spreads on trades.

The commission varies according to the trade and asset starting from 0.03%

Rollover fees:

This is a fee taken as an interest at the end of the day at 9 pm GMT, which may be positive or negative. From Wednesday to Thursday, rolling over fees for an FX pair position is three times more than normal. From Friday to  Monday, the rolling over fee For CFD instruments will be triple.  

Withdrawal fees:

Withdrawal fees are charged differently for different payment methods:

  • eWallet: free with instant withdrawal
  • credit/debit card: 1€  with 1-5 days processing time
  • SEPA/ international bank wire: 0.5% minimum 2 EUR, maximum 10 EUR with 3-5 days processing time.

Inactivity fees

The Company reserves the right to charge an account maintenance fee of 10 EUR per month if the Client's Account is inactive for 180 calendar days (i.e. no trading, open positions, withdrawals, or deposits). (This applies to only clients with a total account balance of less than 5000 euros.)

Libertex Minimum Deposit:

The minimum deposit at Libertex €100. However, the recommended initial deposit amount is €500.

Bonus and Promotions:

“According to European regulations, the CySEC regulated company (Indication Investments Limited) doesn’t offer any promotions or bonuses to retail customers.”

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Supported Languages:

Supported Languages – by Customer Support department: English, Spanish, Italian, French, Polish, German, Dutch and Greek.

Payment methods:

Different payment methods are accepted by Libertex and it varies according to your country. Following are acceptable payment methods:

  • bank transfer
  • Skrill
  • Neteller
  • iDEAL
  • Multibanco
  • Paypal
  • SEPA/International bank wire
  • credit/debit cards
  • Sofort
  • Trustly
  • GiroPay

Summary:

Libertex has some refreshing features that traders want to have in a broker. It offers a wide range of tradable assets for all traders with competitive spreads. This makes it perfect for those who want precise entry and exit points while virtually trading any asset, and without bearing variable spread or high minimum deposit.

Libertex review – Trading Platform Details

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4.5 rating

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