Libertex Review Scam or Safe? Rating and Reviews for 2023

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. Basically, the provider’s focus is on extensive CFD trading and LimeFx in real sharesFor this reason, the Libertex portfolio includes CFDs on cryptocurrencies, stocks, ETFs, indices and much more. Libertex is known as a so-called online broker that offers its customers financial services directly via the Internet. This concludes our Libertex review here at Crypto Parrot.

• Either way, you will need to get hold of the support team as soon as possible to address the issue.
• When you open a Libertex account and deposit a minimum of €100 you could receive a welcome bonus of up to $10,000.
• This website is free for you to use but we may receive commission from the companies we feature on this site.
• They are close to having 3 million clients and provide a fairly comprehensive online trading service.
• I am happy to express my grateful emotions via this 5 star review.
• You’ll also find lots of technical indicators (moving averages, oscillators, etc.) so overall I like this platform but maybe newbie traders will find it a tad too complicated at first.

Trading CFDsis done on certain assets with a 0% commission, namely on some currency pairs, cryptocurrencies and options. If we look at all the other reputable online brokers that offer CFD trading, we quickly realize that it’s quite a unique feature. The broker has nothing to hide and keeps its fees transparent and always provides its customers with the necessary overview.

That’s not all that the company manages to offer and our experts have been tasked with reviewing the full extent of their offer. We will be taking a look at all that they have made available and comparing it to the industry standard when it comes to online brokers. Our team of experts have plenty of experience with online trading within any market and you will be able to find the full extent available right here at Crypto Parrot. In terms of trading, you will be able to make use of Libertex’s own trading app which is only available for mobile devices. This app provides you with quick access to all of their available markets.

TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey. That’s an important question that we’re keen to answer in as much detail as possible in this section.

Unique Features

From a design perspective, the application is clear and user-friendly, with full market access, the ability to pre-order, a stop loss and profit taking feature, and live quotes. The broker also offers an Invest Account for investing in shares . We have scanned fees that Libertex charges when trading popular currency pairs, here is their breakdown in pips. Libertex is an online forex and CFD broker that is part of a larger organization – Forex Club Group.

They are easily downloaded via the Google Play Store and Apple App store respectively. You can also download the app directly from the Libertex website. Both Android and iOS applications are updated on a regular basis for security and to improve the user experience. Please be noted that all information provided by ThatSucks.com are based on our experience and do not mean to offend or accuse any broker with illegal matters.

Libertex Bonus

The option to convert from demo mode to a genuine account with a single tap onscreen is a unique feature of the Libertex app. Since it’s easy to fund the app, mobile users will always have an advantage when it comes to on-the-go trading. When you decide to trade live and not demo, you can fund your account directly and the minimum deposit is €100 with no fees. We would recommend for you to complete the verification of your account before proceeding with trading real money for security.

In fact, CySECtemporarily suspendedLibertex’s regulation in August 2021 due to possible lapses in complying with the regulatory framework. The owner of the libertex.com domain is Indication LimeFxs Ltd, registered in Cyprus. I wish Libertex include soon the volume in the tools, because a lot of brokers have it, and is a shame to say that i cant see the volume in my favorite broker. I have been trading since 2016 in Libertex, i started knowing nothing about the market at all.

Trading Bitcoin With Libertex

While our partners compensate us for our work, they can not alter our review process, ratings, and recommendations. The second trading platform offered by Libertex is the MetaTrader4 platform, one of https://limefx.club/ the most popular trading platform for CFD traders. Libertex offers a wide selection of over 250 underlying assets categorized into forex, indices, stocks, commodities , ETFs, and cryptocurrencies.

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. Libertex supports a wide range of payment methods including credit cards, debit cards, PayPal, SEPA/International bank wire transfers, Skrill, Neteller, and more. There are no deposit fees and your funds are credited to your account instantly except for wire transfers that take between 3-5 days.

From myself I can say that I have experience with libertex, this company clearly adheres to all deadlines. With the help of Libertex, traders can trade many different commodities and also speculate on price developments. We would like to list the most popular CFDs on commodities offered by Libertex. When you click on the trading education page you can learn the basics of online investing with a 3-hour trading course created by the award-winning LimeFx academy at Libertex. Note that with Libertex you may invest in real shares commission free using the Invest Account . What was immediately noticeable in our Libertex test, you have to pay very tight spreads on CFD trading, starting from only 0.1 pips, and this is an important feature of the broker.

Libertex

I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability. Libertex offers Forex spreads from 0.1 pips or $1.00 per standard lot. Minimum CFD commissions are 0.0003%, and cryptocurrency CFDs remain commission-free.

Additionally, based onreviews, customers are hesitant to recommend a brokerage. Hence, our trust has been shaken, and we wouldn’t trust Libertex in 2023. Traders getting started with Libertex face a fairly standard minimum deposit of $250. Instead, they charge commissions on trades, making it difficult to compare them directly with other brokers. Traders who choose Libertex as their broker have definitely a lot of choices. We think that this broker has a really good policy on charging fees.

In our opinion, Libertex is one of the brokers in the trading industry that is inexpensive. There are also no hidden fees and the broker is very transparent with regard to the fees to its customers. Mobile trading is possible with Libertex through its Libertex Mobile Platform.This platform is developed by Libertex and has the same functions the Libertex Web Platform offers.

They are headquartered in Cyprus and accept clients from the EEA and Switzerland. Since Libertex started its operations, it has won more than 40 international awards. Well me being at support specialist at a certain company I feel that libertex is actually a pretty amazing. It maintains top of the line instruments in its databases which provide the correct answers to your trading needs. Some of their users have complained about account verification procedures taking weeks, others that support reps never give a clear answer.

Similar to our LimeFx review, if you prefer trading from your PC, you can also opt to open a MetaTrader account. The majority of online brokers include MetaTrader within their service offer so that customers don’t have to switch between different platforms when joining another service. Libertex minimum deposit is $10 as a start to open a real limefx trading account. As mentioned Libertex offers only one account type for retail traders and professionals may submit accounts only by confirming their status and thus will access absolutely tailored trading conditions. Libertex offers CFDs on 50 currency pairs, 73 cryptocurrency pairs, 17 commodities, 26 indices, 132 equity, and ten ETFs.

For example, you get full access to the MetaTrader 4 and MetaTrader 5 trading platforms. If that isn’t enough for you, you can also trade on the go at any time of the day or night. Advanced traders and seasoned investors will be all too familiar limefx reviews with the MetaTrader suite and the plethora of trading tools and instruments that you can use. MetaTrader is a third-party trading platform created by MetaQuotes Software Corp. that can be linked with your Libertex trading account.