Libertex Review – is Libertex Scam or Legit Broker?

Libertex

3.2

Rating

3.2/5

Pros

  • $100 minimum deposit
  • Demo Trading accounts
  • CySEC Regulation

Cons

  • No promotional or bonuses supplies
  • Hard to locate consumer service advice
  • Account type options are difficult to supply

Libertex is among those recognized Forex trading brokerages. This internet broker delivers plenty of trading shares, contracts for difference, and educational tools such as traders. Already a web-based brokerage with worldwide allure, Libertex sports a clientele of 2.2 million people. This Forex brokerage has racked up an extraordinary 30 international awards for the high quality of its Forex trading products and services. During writing, the business boasted some 170 tradable shares and serviced by customers across 110 nations.
Trading currency tops the schedule in Libertex. The money pairs have been grouped based on Exotic Currencies, Majors, Crosses and also the Russian Ruble. Whilst the many volatile tradable shares from the Earth, monies trading (such as cryptocurrencies ), could bring about significant benefits or losses according to the caliber of the trading platform and trader opinions. In Libertexit’s possible to purchase or offer numerous money pairs together with absolute confidence. Traders can practice to a demo account, or trade for real.

Overview/ desktop

Libertex is owned and operated by Indication Investments Limited of all Cyprus. This Cypriot investment venture is completely licensed and governed by the Cyprus Securities and Exchange Commission (CySEC), with the subsequent permit #164/12. Through the Years, Libertex has racked up several awards, such as the subsequent:

  • World Finance Award at the Forex Expo Awards in 2012
  • The Best Cryptocurrencies Broker at 20 17 – Forex Awards
  • The Best Mobile App in 2016 and 2017

Finance Magnates had this to say about Libertex, ‘Libertex is one of the best web and mobile platforms for effective trading with different financial shares: shares, currencies, indices, and commodities such as gold, oil and gas. ‘

The provider ‘s trading shares insure the complete range of WTI and Brent crude petroleum, propane and agricultural produce, indices, currencies, metals, and cryptocurrencies, and stocks. Further, even a thorough educational section is available for traders, thanks to comprehensive video courses on various topics like how to trade, multipliers, make benefit requests and open trades, stop-loss orders, and much more. In general, you will find a few 30 courses out there to new traders, intermediate-level traders, along with expert-level traders.

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The trading platform is intended to help traders make smarter decisions. Improved security protocols and multiplatform functionality allow customers to trade overall apparatus, anytime moment.

Account Types

The accounts enrollment page demands fresh traders to simply input their email password and also accept the processing of personal data. As soon as you’ve registered an account, then you should begin learning the intricacies of gambling. The option to trade Forex pairs onto a demo trading accounts is available, and also precisely the similar account registration procedure is necessary. With demonstration trading, then it’s likely to trade Forex under real-market states at no risk. Simple to use platform provides instant accessibility to a vast array of tradable shares. The perfect method to learn in regards to the account types offered by Libertex will be always to see the lessons offered by this broker. It’s likely to start out balances for PC, Mac, tablets and smartphones.

Trading Platform/ applications

The Libertex trading platform is currently 100% online. No software should be installed and downloaded to obtain right up and functioning. It’s possible to get into the financial marketplaces at the click of a couple of buttons, either direct from the own browser irrespective of this apparatus that you’re using. The userfriendly interface and system collections each of the shares together.

The trading platform lists popular tools, high climbing tools, high cutting tools, monies, cryptocurrencies, indicators, gas and oil, metals, stocks, along with farming. Within each of those broad categories, it’s possible to easily click someone of those options you’re interested in trading, then view the cost and fluctuations, view the images, and put your trades so.

The potent trading platform features line charts, area charts, candlestick charts, pubs and Heiken Ashi options too. You only create your selections to observe that the info delivered for you personally in an easy-to-understand format. Traders may even toggle enough time-frames anywhere from one minute to monthly.

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Additionally, you can find options to get up-to-the-minute news-feeds, and store analysis, predictions and more. Whether you’re a novice trader, an intermediate trader, or a seasoned trading pro, it is simple to enjoy realtime trading over the move, or in your home with the trading program.

Deposit options

Libertex provides a limited quantity of deposit options including credit cards and bank cables. Other options are found such as for instance WebMoney, Yandex, QIWI along E-Wallets. Nevertheless, the deposit options you choose are contingent on the nation or jurisdiction where you’re buying from. Special attention has to be paid for inactive reports Libertex charges a 2 percent surcharge on any capital that is pulled in an account. This FX brokerage defines static as no real trading activity for 180 days. But in case your account is dormant, also it’s a balance of $10,000, then you Won’t be subject to some inactivity fees when creating withdrawals etc..

Markets

This Forex brokerage supplies an abundance of monetary trading tools. These include Currency Pairs, Cryptocurrencies, Indices, Oil and Gas, Metals, Shares, and Agriculture.

Currencies: GBP/CAD, EUR/CAD, GBP/SEK, EUR/SEK, GBP/AUD, GBP/USD, EUR/USD, GBP/NZD

Cryptocurrencies: Litecoin, Bitcoin Cash, Bitcoin, Litecoin/Bitcoin, Bitcoin Cash/Bitcoin, Bitcoin Gold.

Indices: Russia 50 Index, Russell 2000, NASDAQ 100, Chile Index, Dow Jones, S&P 500, Nikkei 225, China A 50

Oil and Gas: Light Sweet Crude Oil, WTI Crude Oil, Brent Crude Oil, Heating Oil, Henry Hub Natural Gas

Agriculture: Cocoa, Sugar, Corn, Coffee, Soybean, and Wheat

Metals: Gold, Copper, Platinum, Palladium, and Silver

Shares: Twitter Inc., Amazon, Adobe, Intel Corporation, Sberbank of Russia, Lukoil, Michael Kors, and Numerous Other stocks.

Bonuses

At the time of writing, Libertex failed to supply any promotional or bonus supplies. This globally reputable Forex brokerage may provide such promotions later on. It’s well worth contacting customer service for information on the latest offers.

Customer Support

Customer service is available in several languages such as English, Dutch, Danish, Czech, Italian, German, Portuguese, Russian, Swedish, Polish, Turkish, and Romanian. Based on our investigation, just live chat functionality is currently available. Regrettably, Libertex will not offer lots of helpful resources or links concerning calling support. Nearly all Forex brokers now functioning now offer comfortable accessibility to telephone service, email addresses and fax numbers, along with land-based addresses.

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In deference to this organization they provide many educational tools and tools which actually limit the quantity of consumer service options needed onsite. As an instance, you will find a few 30 educational videos called lessons available under the education tab. Additional support is found through Twitter and Facebook. In case you’re searching for information on the Provider, you can contact Indication Investments Limited at another address:

  • Email: [emailprotected]
  • Phone: 357 22 025 100

Safety

Safety and security is almost always a significant deal together with Forex brokers. As luck would have it, this provider is totally governed by the Cyprus Securities and Exchange Commission with the subsequent permit #164/12. The business registration number is HE290930. Much like CySEC regulated brokerages, traders have accessibility into the Investor Compensation Fund, segregated account together with reputable foreign banks, and complete recourse in case of mismanagement of capital, or an improperly operating trading system.

Ease of Use

Libertex is relatively user friendly, after all it’s no problem to locate information on most financial tools recorded onsite. The demonstration trading accounts and also the actual currency trading accounts operate under real store requirements, together with real trading requirements all through. The trading platform may simply be obtained directly from your browser off no downloading required.

Final Thoughts

Except for limited consumer support performance, short information provided on promotions, bonuses, and account types. But this Forex broker demystifies the most intricate arena of Forex trading. There are scores of money pairs to trade, and also countless of financial tools out there. The business has an overall total of 30 awards for its credit, further solidifying its position as a dominant force within the Forex trading world.