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Software Comparison » Libertex Review

Libertex Review 2024: In-Depth Look at Broker Features and Performance

Stocks
Options
Crypto Exchange
Libertex
Favicon
3.8/5
Account Fee
0,00€
Order Fee National
0,01%
Order Fee International
0,01%
Deposit Protection
20.000,00€
Go to Libertex
Bank Transfer
Neteller
Skrill
Mastercard
Visa
PayPal
Paysafecard
Trustly
T&Cs apply, 18+
Libertex
Favicon
3.8/5
Go to Libertex
Bank Transfer
Neteller
Skrill
Mastercard
Visa
PayPal
Paysafecard
Trustly
T&Cs apply, 18+
Libertex
Favicon
3.8/5
  • Cryptocurrencies included
  • Real-time quotes
  • Flexible trading
Go to Libertex
Bank Transfer
Neteller
Skrill
Mastercard
Visa
PayPal
Paysafecard
Trustly
T&Cs apply, 18+
Details
Payment Methods

Libertex emerged as a seasoned broker with over two decades of quality financial services track record in the complex online trading world. This Libertex review explores the depths of the broker’s offerings, from its intuitive trading platforms to its commitment to trader security.

Navigating financial markets can be daunting, but Libertex simplifies the experience with its regulated platform and educational resources. Established in 1997, it has built a reputation for reliability and user-centric innovation, ensuring a secure trading environment for its clients. It demonstrates why it is a choice worth considering for novice and experienced traders.

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Libertex: Pros & Cons
  • Straightforward Platform
  • Advanced Charting Tools
  • Comprehensive Educational Resources
  • Regulated and Secure
  • Limited Analysis on App
  • Potential Information Overload
Payment Methods
Bank Transfer
Neteller
Skrill
+
Company
Indication Investments Ltd
Founded
2012
Website
libertex.com
Available Languages
EN
ES
+
Customer Support
Live Chat, Phone, Email Support
Phone
+357 22 025 100
Overall Rating
3.8/5
  • Usability, Look & Feel
    3.8/5
  • Payment Methods
    3.7/5
  • Customer Service
    3.8/5
Payment Provider Safety Approval rate
Bank Transfer very high
Neteller high
Skrill high
Mastercard high
Visa high
PayPal very high High
Paysafecard high
Trustly high
Giropay high
Last Updated on April 16, 2024

Trading Usability — Great Modern UX

When diving into the Libertex trading platform for this review, I immediately noticed the modern user experience tailored to novice and seasoned traders. Navigating through the platform was a breeze, with an intuitive interface that made finding what I was looking for easy. The layout is clean and uncluttered, which is crucial in reducing the intimidation factor for new traders.

Libertex has put thought into its educational resources, which are readily available and help users understand the intricacies of trading. These resources are a boon for beginners who may feel overwhelmed by the complexities of the financial markets. Including a demo account is particularly beneficial, allowing for practice without the risk, which I found to be a standout feature compared to other brokers.

I experienced a smooth onboarding process, with prompts and guides leading me through setting up my account and making my first trade. The platform’s design is aesthetically pleasing and functional, with real-time data presented in a way that’s easy to digest. I noticed that Libertex provides a balance between depth of functionality and simplicity, addressing traders who require advanced tools without alienating those just starting out.

The trading experience is seamless, with quick access to markets and a straightforward process for placing trades. The Libertex review process led me to conclude that this broker has invested in creating a straightforward environment supporting trader education and growth, reinforcing the notion that Libertex is safe and legitimate. The Libertex rating and test results across the industry suggest that whether you’re a beginner or a pro, the usability of this platform is a solid foundation for your trading activities.

Libertex
3.8/5
Libertex ETF
Go to Libertex
Libertex Highlights
**74.91%** of retail investor accounts lose money when trading CFDs

Sleek On-the-Go Trading Mobile App

The Libertex mobile app, just like its desktop counterpart, is a concrete tool for traders who need to manage their investments on the go. The app is available for Android and iOS devices, ensuring traders can easily access their accounts.

The smooth interfacemirrors the simplicity and efficiency of the web platform. The app is well-designed, making it easy to monitor the markets, execute trades and manage my portfolio with just a few taps. I particularly appreciated the real-time quotes and charting tools, essential for making informed decisions quickly.

One of the unique features that stood out to me was the app’s push notification system. It kept me updated on market movements and potential trading opportunities, which is invaluable when you’re away from your desk. However, while the app offers a comprehensive range of trading tools, the smaller screen size could limit the depth of analysis some traders may require compared to the desktop version.

Despite this, the app does not compromise the range of tradable assets, including Forex, stocks, and cryptocurrencies. Switching between a demo and a real account was seamless, which is excellent for testing strategies before putting real money on the line.

The mobile app is a strong contender in the mobile trading space. It supports traders with the flexibility to trade anywhere, anytime. The Libertex rating and test reflect its commitment to providing a reliable and efficient trading experience on mobile devices — the kind of feel you will find highlighted in my eToro review or Capital.com review.

Trading Bank Accounts — Simplifying Financial Transactions

When I examined the process of integrating bank accounts with the Libertex trading platform, the convenience and security stood out to me. Libertex supports a variety of bank account transactions, making it straightforward for traders to link their bank accounts for both purchases and redemptions. The types of accounts supported include major banks through SEPA and international wire transfers, which serves a broad user base.

The process of linking a bank account was quite smooth. After logging into my Libertex account, I simply navigated to the purchase section, selected ‘Bank Transfer’ as my method and followed the straightforward instructions provided. The platform supports multiple currencies, a significant advantage for traders operating with different base currencies.

Security is paramount in financial transactions, and Libertex has implemented stringent measures to protect users’ funds. The secure payment processing, SSL encryption, and protection against DDoS attacks gave me the confidence that my financial transactions were safeguarded. Transfer times were reasonable, with purchases being credited instantly in most cases, although it could take several business days, depending on the bank.

One limitation I noticed was the redemption fee associated with bank wire transfers, which traders should be aware of. However, the minimum redemption amount is relatively low, making it accessible for traders who may not have large amounts of capital.

Integrating bank accounts with Libertex raises the trading experience by providing a seamless, secure and efficient way to manage funds.

Bank Transfer
Neteller
Skrill
Mastercard
Visa
+ 4

Trading Regulation and Purchase Insurance — Ensuring Trader Security

Libertex is regulated by the Cyprus Securities and Exchange Commission (CySEC), which is a reassuring sign of its commitment to adhering to stringent financial standards.

CySEC regulation means Libertex must comply with specific financial rules, including client fund segregation. This ensures that traders’ funds are kept separate from the company’s operational funds, providing an additional layer of security. I noticed that this is a common practice among reputable brokers.

Furthermore, the platform’s adherence to investor protection measures, such as SSL encryption, DDoS attack protection, and secure payment processing, impressed me. These safety measures are essential in maintaining the integrity of transactions and safeguarding traders’ personal and financial information.

Purchase insurance is another significant factor in building trader confidence. While Libertex does not explicitly state an investor compensation scheme, the regulation under CySEC typically includes coverage up to a specific limit, which can provide peace of mind to traders in the unlikely event of the broker’s insolvency.

My assessment of Libertex’s regulatory compliance and safety measures gave me a strong impression of its dedication to trader security. Is Libertex safe and legit? Based on the regulatory framework and safety mechanisms in place, my Libertex rating and test conclude that the platform is indeed committed to providing a secure trading environment.

Trading Additional Features — Augmenting Your Trading Experience

The additional features addressing broader traders’ needs for this platform are imposing. One standout feature is the advanced charting tools, which offer a range of technical indicators and graphical objects. This allows traders to perform detailed technical analysis, which I found to be on par with industry standards set by platforms like MetaTrader.

I also experienced Libertex’s social trading options, which enable users to observe the strategies of seasoned traders and, if they choose, to copy their trades. This feature is particularly beneficial for novice traders looking to learn from more experienced market participants. It’s a great way to gain insights into successful trading strategies and market trends.

The educational resources available on Libertex are extensive. I noticed a variety of materials, including webinars, video tutorials, and articles covering the basics of trading and more advanced topics. The quality of these resources is excellent, providing valuable knowledge to traders at all levels.

Another additional feature that caught my attention was the personalized alerts. Traders can set up notifications for price movements, news releases, and other market events, which is incredibly helpful in staying informed without having to monitor my trades constantly.

Its comprehensive offering elevates the Libertex platform above many competitors. It’s evident that Libertex holds its own with its comprehensive offering. The platform’s blend of advanced tools, educational support and social trading creates a versatile, easy-to-use environment that improves the overall trading experience.

Intuitive and Feature-Rich Trading Platform 

Libertex offers a seamless and intuitive trading experience. It provides its own in-house platform as well as the popular MetaTrader 4 and MetaTrader 5 platforms, serving a broadrange of trader preferences and strategies.

Starting with the Libertex web platform, I noticed its sleek design and idiotproof interface, which make navigation and trade execution straightforward even for beginners. The platform does not overwhelm users with excessive information, yet it includes a comprehensive set of trading tools and real-time data that can satisfy more experienced traders. The charting capabilities are robust, with various technical indicators and graphical objects that aid in technical analysis.

Including MetaTrader 4 and MetaTrader 5 platforms is a significant plus, as these platforms are renowned for their advanced analytical tools and automated trading capabilities. Traders can utilize Expert Advisors for algorithmic trading, which I found a powerful feature for those looking to implement complex strategies. The MT platforms also support one-click trading and offer a number of analytical tools, making them ideal for traders who require in-depth market analysis.

One unique feature that stood out to me on the Libertex platform was the risk management tools, which include stopping loss and taking profit orders that can be set as a percentage of the trader’s balance. This level of customization is something I appreciate, as it allows traders to tailor their risk management strategies to their risk tolerance. However, it’s important to note that some traders might find the Market Maker model less appealing compared to an Agency (NDD/ECN/STP) model due to potential conflicts of interest.

While the platforms are feature-rich, I noticed that the sheer number of tools and options might be overwhelming for beginners. However, Libertex mitigates this with a well-structured educational section that helps new traders get up to speed.

Throughout my Libertex review, I found no evidence to suggest that Libertex is a scam. It stands on par with the user experience offered by other brokers, such as those found in a Kraken review or VT Markets review.

Whether you’re a novice or a seasoned trader, Libertex provides a trading platform that supports your growth and adapts to your evolving trading needs.

FAQ: Libertex

🔒 How does Libertex ensure the security of my investments?

I found that Libertex takes the security of client investments seriously. They adhere to stringent regulatory standards the Cyprus Securities and Exchange Commission (CySEC) set and employ advanced security measures such as SSL encryption, DDoS protection, and secure payment processing. Additionally, client funds are segregated from company funds, providing an extra layer of protection.

🌐 Can I access Libertex on different devices?

I experienced a high level of accessibility with Libertex. The platform is versatile, offering a manageable web platform, a robust mobile app for Android and iOS devices, and compatibility with popular MetaTrader 4 and MetaTrader 5 platforms. This multi-platform accessibility ensures that you can trade from anywhere at any time.

🎓 Does Libertex provide educational resources for traders?

I noticed that Libertex is committed to trader education, offering many resources, including webinars, video tutorials, and articles. These materials cover various aspects of trading, from the basics to more advanced topics, making Libertex a suitable platform for continuous learning and growth in trading knowledge.

🔄 What is social trading and does Libertex offer it?

Social trading is a feature that allows traders to observe and copy the trades of experienced investors. I found that Libertex offers social trading options, enabling new and seasoned traders to share strategies and insights, which can be particularly beneficial for those looking to up their trading skills and market understanding.

💰 Are there any hidden fees or charges with Libertex?

In my review, I paid close attention to the fee structure of Libertex. The platform is transparent about its fees, with clear information on trading costs, purchase and redemption fees, and any applicable charges for inactivity. It’s important to review these details to understand the total cost of trading with Libertex.

My Verdict — Libertex Shines as a Trustworthy Trading Partner

In concluding this Libertex review, I found that the platform stands out as a comprehensive and reliable broker for traders of all levels. Throughout my examination, I experienced the platform’s robust offerings, from its relaxed interface to its extensive range of tradable assets. It’s clear to me that whether you’re a beginner or a seasoned investor, Libertex provides an environment conducive to trading growth and learning.

The question of Libertex’s legitimacy and safety was a focal point of my review. I am confident in affirming that the broker’s regulatory compliance, advanced security measures, and transparent trading conditions indeed place it in the category of trustworthy platforms. Libertex’s commitment to trader education and its integration of risk management tools further reinforce its legitimacy, distancing it from any unwarranted Libertex scam concerns.

Compared to other platforms (e.g., eToro and Kraken), I can say that Libertex has a solid rating and test results. The additional features, such as social trading and personalized alerts make Libertex a good choice for those seeking a comprehensive trading solution.

In a nutshell, Libertex is a comprehensive, easy-to-use platform. It has demonstrated that it can support traders in their endeavors, providing a secure and dynamic trading environment. While no trading experience can be without risk, Libertex’s dedication to offering a balanced and supportive trading atmosphere makes it a commendable choice for anyone navigating the exciting world of online trading.

Libertex
3.8/5
Rating
Go to Libertex
Highlights
  • Stocks accessible
  • Portfolio management obtainable
  • Market notifications available
**74.91%** of retail investor accounts lose money when trading CFDs
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Our Team
Lucas AziSara Bello
Lucas Azi
Editor
Sara Bello
Editor
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.

Users must be 18+. If you are having trouble with gambling then help and advice can be found at responsiblegambling.org

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