Libertex Review 2022

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Libertex

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  • User-friendly
  • Great customer service
  • Broker fully regulated

FUNDING METHODS:

CRYPTOCURRENCIES: 40+

COUNTRIES: 100+

Libertex logo

Rating: 4,5/5

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What Is Libertex?

Libertex is a trading platform used by Indication Investments Ltd, part of the Libertex Group, which has been operating since 1997. Libertex is headquartered in Limassol and regulated by CySEC.

In total, there are more than 250 tradable underlying assets. Thus, it is possible to trade CFD forex or CFDs on indices, stocks, commodities and cryptocurrencies.

Libertex Review Summary

Criteria

Value

Site

Social Media

Date of foundation

1997

Head Office

Limassol

Types of support

Online contact form
Help Centre

Languages

English and other

Feature

Total Rating

Ease of Use

4,5 ⭐⭐⭐⭐

User Interface

5 ⭐⭐⭐⭐⭐

Fees

4,5 ⭐⭐⭐⭐

Security

5 ⭐⭐⭐⭐⭐

Support

4,5 ⭐⭐⭐⭐

Payment Options

4,5 ⭐⭐⭐⭐

Registration on Libertex

Buying XMR on Libertex step 1

Libertex offers its clients different account models. Those that are aimed at retail clients and those that are suitable for professional traders. However, Libertex fees do not seem to differ. Even with the standard model, high leverage of up to 1:30 is possible.
The Libertex registration process is simple and straightforward. Anyone who wants to open a Libertex account does not need much time. On the provider's website, you only need to select "register", whereupon a field appears and you can enter your Libertex login information.

An e-mail address and a password must be entered here. Alternatively, the registration or Libertex login can also be done via Facebook.

This first step usually takes only a few minutes. After that, the user is free to decide whether he wants to make Libertex experiences with the demo account first, or whether he starts with real money trades right away.

In a second step, verification takes place. However, this is also done for the benefit of the customers. Afterwards, new customers receive the access data via e-mail.

After the Libertex registration, first Libertex experiences can be made, but initially only with play money. On the demo account one is provided directly € 50,000 of virtual credit. In order to actually be able to trade, a third step is necessary: the deposit of money on the Libertex platform.

What trading tools does Libertex offer?

Stocks CFDs

For those who have not yet gained Libertex experience and are interested in trading on stock CFD price trends, Libertex offers the opportunity to speculate on the most popular securities from Europe, Latin America and the US. These include cannabis stocks like Tilray and Canopy Growth, as well as tech giants like Facebook, Apple and Google.

Crypto CFDs

Buy Libertex Cryptocurrencies
In addition to trading numerous other underlying stocks, the platform also offers the possibility to bet on cryptocurrency price trends.

Of course, you can trade Bitcoin CFDs with Libertex, or speculate on rising or falling prices.

However, this Libertex review also revealed that the platform allows trading CFDs on a plethora of digital currencies.

These include CFDs on Litecoin, Bitcoin Cash, Polkadot, Dogecoin and IOTA.

Forex CFDs

Forex CFDs trading gives traders the opportunity to speculate on the performance of currency pairs. At Libertex, CFDs can be traded on different currencies, from common constellations such as CFDs on EU/USD, to CFDs on exotic currency pairs for experienced traders.

Indices CFDs

For those who like to diversify a bit more and, for example, do not like to bet on individual stocks CFDs or currencies CFDs, the Libertex platform offers numerous indices. In addition to CFDs on DAX, Dow Jones and NASDAQ 100, a number of other CFDs on indices from Europe, North America, South America, Asia and the Middle East are available.

Libertex - Trade Bitcoin CFDs

At Libertex, trading takes place exclusively with CFDs. Therefore, you cannot buy real Bitcoins - however, you can speculate on the price developments. This gives you the opportunity to trade in both directions when prices are falling or rising.

It must be mentioned here that the leverage or multiplication factor has been limited by ESMA. Thus, for private investors, a leverage of 1:2 comes into question for cryptocurrencies.

Libertex Fees 

  • Deposit free of charge
  • Trading fees crypto 0.4% - 8%
  • Trading Fees Stocks & ETFs 0.01% - 0.5%
  • Trading Fees Forex 0.005% - 0.07%
  • Trading fees commodities 0.015% - 0.08%
  • Account maintenance fees free of charge
  • More details on https://libertex.com/payment-methods

How do I deposit money with Libertex?

The CFD broker offers customers the possibility to use different payment methods. In addition to the deposit via credit card, different eWallets can also be used. With most of the offered Libertex alternatives or payment options, users can start trading directly.

On the other hand, those who want to top up their trading account with real money via a SEPA transfer have to be patient for three to five days before the amount is credited. A total of 9 payment options are available, 8 of which are credited to the Libertex account immediately or after a few minutes.

If you want to withdraw funds, you have 4 different options: Credit/Debit card, Skrill, Neteller, Paypal, or a SEPA bank transfer.

Overall, the provider scores positively in the large Libertex test in terms of deposit and withdrawal options.

How to trade on Libertex

Step 1: Select an asset

The first step is to select the desired asset on the trading platform. For example, if you are interested in Bitcoin CFDs, you can either click on "Cryptocurrencies" in the drop-down menu and then click on "Bitcoin" or you can type "Bitcoin" directly into the search box.

Step 2: Open a trade

Once you have decided on the underlying asset, click "Open Position".
A window will then appear with the course of the corresponding asset and the necessary settings. In this way, you can set the amount of the deal as well as the default profit and loss limits. If you have not yet deposited money in your account, you can do this at the next step or before you open the trade position.

Step 3: Close the trade

After you decide to buy, you can click the down arrow next to your email address in the upper right corner to get an overview of your account. There you can see how much money is in your account, what the profit/loss is, how much capital was used for the trade and how much capital is left.

The open trade position is under "Active trades". If you want to close a trade again, put the cursor over it and click "Close" .

Libertex Demo Account

Libertex also provides a demo account for interested parties. If you want to get familiar with CFD trading and the platform, you should definitely use a demo account. Here you just need to register with your email address and password.

There are no risks involved in using a demo account and it can be used without any restrictions. In addition, Libertex gives interested parties a virtual balance of 50,000 Euro, which can be used for transactions as desired. You can also use the full range of platform features, including real time charts, price movements, opening trade positions and more.

According to our experience with Libertex, after that it's also easy to switch to a real account. To do this, right-click on the client account again and select "Live Account" from the drop-down menu. You can return to the demo account at any time.

Libertex mobile app

CFD Broker offers an app for iPhone and Android.
The Libertex app gets an average rating of 4.5/5 stars on the Google Play store, with a total of over 10,000 ratings.

The simple condition is particularly positive . If you don't already have experience with Libertex, you tend to get your bearings quickly. It is this aspect that is becoming more and more important. Traders are increasingly stating that they can trade on mobile devices and smartphones. The demo account also convinces with a realistic image.

Regulation of Libertex

In this regulatory test, it was clear that Libertex is serious and willing to offer clients a variety of trading options. Precisely because the regulatory aspect is so important, we have divided this part of the review into several parts.

On the one hand, Libertex's long history speaks to the seriousness of the broker. Many customers have already experienced Libertex in recent years and the fact that the broker still has a wide coverage says it all.

In addition, the provider explicitly warns against fraudulent activity on the homepage . Users who notice unusual behavior are asked to contact support as soon as possible. This also underlines the fact that Libertex has a good reputation.

Since Libertex is based in Cyprus, customer funds and company funds are kept in separate accounts. This is to ensure that the company's budget deficit is not covered by customer funds.

Advantages and disadvantages of Libertex

Advantages

Disadvantages

  • Over 250 tradable CFD financial assets
  • Libertex application with good rating
  • Regulated by CySec
  • Multiple awards
  • Demo account
  • Broker reliability
  • Mandatory verification

FAQ

What is Libertex?

Libertex is a trading platform used by Indication Investments Ltd, part of the Libertex Group, which has been operating since 1997. In total, Libertex serves 2.2 million clients and has received more than 40 prestigious awards over the years. As this Libertex test shows, customers can bet on a wide range of underlying assets. For example, it is possible to trade CFDs on commodities, currency combinations and stocks. In addition, you can trade cryptocurrency CFDs, such as Bitcoin CFDs, with Libertex, an offering that is growing in popularity.


How long does a withdrawal take at Libertex?

Overall, the Libertex experience shows that the payout is fast. However, the speed of the transaction depends on the selected withdrawal method. Those who use Skrill, PayPal or another eWallet will have the amount in their account within 24 hours. With a SEPA transfer, on the other hand, waiting times of 3-5 days can arise. However, this is also the case with many other providers, which is why this point is of no further importance.

Is it worth opening an account with Libertex?

In our Libertex review, the provider was able to pass. Basically, customers have the opportunity to trade efficiently and at attractive conditions. However, whether CFD trading is the right thing to do depends heavily on personal goals and characteristics, and cannot be answered universally. One thing is for sure: Libertex registration is quick and easy, and even beginners can start their first trades with play money or a small amount of real capital.

Conclusion

Anyone looking for a reliable and reputable CFD and broker with a long history will find what they are looking for with this provider. Signing up with Libertex is quick and easy.

Clients have the ability to trade CFDs on stocks, cryptocurrencies, commodities and more through a smart phone using the Libertex app . On the other hand, there is also the possibility to use MetaTrader 4 and MetaTrade 5, the world-famous and popular trading platform.

Another plus of Libertex is the fact that numerous training courses are offered. Traders can use various video lessons to deepen their knowledge and learn analysis tools.

Overall, the offer is convincing. If you want to trade CFDs or underlying assets with Libertex Bitcoin, you have a well-respected provider on your side with the broker.

CFDs are complex instruments and carry a high risk of quickly losing money due to leverage. 70.8% 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 take the high risk of losing your money.

Libertex Review Summary 

86% Overall

We have analyzed key features of Libertex based on 3 important criteria for choosing crypto exchange:

  • Trustworthy
  • Usability
  • Fees
    Based on researches and our own tests, we have made an independent rating.
86%
Trustworthy
83%
Usability
89%
Fees

Jack Evans


I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments.

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