Libertex Review year : Is It a Reliable Forex Broker or Not?

They don’t have a “classic” account structure and a live support rep told me that there’s no minimum LimeFx, meaning that I can deposit how much I want. Another one told me that minimum “replenishment” is $10 and that an account manager would contact me if I wanted. It’s worth noting that the more you deposit, the higher your “account status” goes. For example, for deposits between 250 EUR and 1,449 EUR, your status is Gold, and above 5,000 EUR, you will become a VIP .

This platform enables traders to trade directly from a browser and doesnt require downloading any software. The address on their site is just for CySec and not their real address. Actual HQ is in Montenegro and most people lose their money. Dubious at best, fraudulent at worst, the company is best avoided.

Charting, Features, and Analysis on the Libertex web trading platform

In the web based platform you will get charts of all the underlying assets, News and Live trade. It’s really user-friendly though you won’t get too many indicators. At Libertex Bitcoin CFDs is just one of the asstes featured on the platform. Our Libertex review discovered that the brand allows you to trade CFDs on one of the largest choice of crypto assets that we’ve come across. These include credit and debit card brands such as Visa and MasterCard, ewallets like Skrill and Neteller, or you could make a standard bank wire transfer.

Libertex.com provides access to educational resources, including educational blogs and webinars that cover a wide variety of topics. We found over 50 lessons that traders and especially beginners can watch online. Libertex provides access to live market analysis webinars, market news, and trading ideas as a research tool. Guides & reviews to the best Online Brokers & Platforms.

How is Libertex Trading Platform?

To keep the website running, we make money through affiliate commissions and paid advertising, at no additional cost to you. While our partners compensate us for our work, they can not alter our review process, limefx ratings, and recommendations. In comparison to other trading platforms, we can conclude that this stocks and CFD broker has a lot to offer. It is regulated by CySEC and is a football teams sponsor.

The company’s proprietary trading platform is available for Android and iOS and the app can be downloaded from their website. Libertex demo account is free and has €50,000 virtual funds with it.We highly recommend for you get a demo account first before trading live to avoid unintended trading executions. Also, this is due to the fact that trading requires skills. It is best to practice and enhance your trading skills first especially if you are new in the trading industry. A demo account will help you a lot with your market analysis skills, strategies, and trading decisions.

This company is deceptive and I strongly advise that you do not open an account with them. I’ve been using the German version of Libertex.com since 2017 without any problems. Money transfers and trading was always as it should be. The app is a bit slow though, but okay for long-term (esp. krypto) trading. Don´t blame the broker, blame your lack of effective trading strategies.

No matter where you are, the platform will always be with you, ensuring a stable income. The version contains a lot of options for high-grade trading in digital coins , stocks, metals, etc. After successfully verifying yourself, you can finally jump into live trading. Now all you have to do is choose between several trading platforms. You can choose between the Libertex web trading platform, the mobile Libertex app or the two well-known trading platforms MetaTrader 4 and MetaTrader 5.

The Commission Fees

It turns out that it had been already popular at the time of Inca civilization. One of the most profitable LimeFxs today is pumping funds in Internet companies. You can conveniently do it on the Libertex platform. Another useful and convenient feature is that you can set up price alerts and notifications via the MT4 and MT5 mobile trading apps. This means that you never have to miss a single trading opportunity. Stock and forex trading strategies can become more flexible while reacting to these key events can become much faster as the MetaTrader platforms offer the possibility to use trade alerts.

Customer support is available via e-mail and phone. The FAQ section answers a range of questions, and Libertex states its response time as one business day for e-mail queries. A separate help and support section exists, but the separation from the FAQ section is not ideal. A direct line to the finance department would be an improvement.

Funding Methods

Libertex MetaTrader 5 trading platform The latest version of MetaTrader. Research & market reviews Get trading insights from our analytical reports and premium market reviews. FAQ Get answers to popular questions about the platform and trading conditions. Libertex has a rating of 2.78 stars from 9 reviews, indicating that most customers are generally dissatisfied with their purchases.

It seems like they invested a lot of time and money to make them easily reachable. They obviously want to help you solve your problems. They tell us that the clubs, which are themselves institutions that garner quite a global respect, trust the brokers. They wouldn’t risk cooperating with a firm that was less than stellar, as that’d be counterproductive, damaging their own reputations. As such, things look well for the broker from the very start, with an impactful first impression.

The good thing about this broker is that they don’t change trading conditions based on your deposit. If you want to open a real account there is a minimum deposit requirement of 100EUR. This forex broker offers both MT4 and MT5 for trading platforms, and it has a history of almost a decade.

Also, Libertex offers Trading Central analysis right on the platform, which is another plus. The application is easy to use and offers a wide variety of tools to help traders manage risk. It is good for the newbie because it offers all the technical properties at a click. I love the demo account and made £272 in a single trade.

Once the live account has been opened, the trader can pick an asset type, choose the quantity of funds to commit on the trade, and then decide whether the market will rise or fall. Libertex is the brand for the trading platform and brokerage service for Indication LimeFxs Ltd, a part of the Forex Club Group, which is based limefx official site in the Russian Federation. Forex Club Group was founded in 1997 and now offers clients online broking services for forex, precious metals, indexes, soft and energy commodities, cryptocurrencies, and stocks. Libertex offers as well one of the most popular professional trading platforms.This platform is MetaTrader 4 .

• It basically provides the same features as its web version with access to multiple asset classes.
• Operating since 1997, Libertex is a brand with more than 20 years of financial market and online-trading experience and is one of the best online trading CFD platforms.
• Their web based platform looks like the image below.
• Also, there is an option to make the chart in full-screen mode, which carries out a professional analysis.

I personally like tight spread with commission accounts because at the end it’s less costly than accounts with fixed spreads. They are running the company for years with good reputation. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. I provided the documents in timely matter the same day they requested them.

Gold isn’t exposed to corrosion, the area of its use is quite wide, but the volume of this metal is limited and therefore it’s always in great demand. Investors are also interested in palladium, which looks like silver and platinum. It also has a wide range of applications; it’s highly demanded in manufacturing. Sometimes the fluctuations in its value are significant, sometimes it becomes a protective asset, which makes it an ideal tool for investing by active market players. Another high-yield asset on the ForexClub platform is platinum.

Our Libertex review 2023 discovered that the broker operates a fairly cost-effective service. However, there will be some fees and charges that you will need to be aware of. These include a transaction fee which will be taken from your account after the trade has opened. Plus there may also be a rollover fee at the end of a trading day. The commission fees for CFDs cryptocurrency trading is 0%.

It achieves that by employing many different methods, one of the most important being a potent educational experience. On top of that, there are also demo accounts that novices can use to practice and pointers on the broker’s website, emphasising “hot” asset classes. https://limefx.biz/ Libertex offers CFDs on 50 currency pairs, 73 cryptocurrency pairs, 17 commodities, 26 indices, 132 equity, and ten ETFs. The underlying assets selection is typical, except for cryptocurrencies CFDs, where Libertex ranks among the top 20 in the industry.