Libertex

Overview of Libertex

Registered in Cyprus, Libertex is a forex broker that was founded in 1997 and is a popular broker that offers a wide range of trading assets, including forex, commodities, indices, and cryptocurrencies. The minimum deposit required to open an account with Libertex is $100, and the maximum trading leverage offered is up to 1:500.

Libertex operates on a fixed spread model, meaning that there are no commissions charged on trades. Spreads are competitive, and the broker offers a range of account types to cater to different trader needs. Libertex prides itself on its commitment to customer satisfaction and support, offering excellent customer service through multiple channels, including email, live chat, and social media.

The broker also provides a wide range of educational resources to help traders improve their skills and knowledge, including webinars and a comprehensive knowledge center. Over the past 23 years, this broker has grown to the extent it can boast of having over 2.2 million clients from 110 countries and more than 700 employees.

Regulatory Authority

The exchange is regulated by the Cyprus Securities and Exchange Commission (CYSEC). The exchange operates under regulation number 164/12. The license type held by the exchange is an Investment Advisory License, and it is held by Indication Investments Ltd. This information indicates that the exchange is subject to regulatory oversight and is authorized to provide investment advisory services.

Pros and cons

Libertex provides commission-free trading, an easy-to-use platform, and a low minimum deposit. In addition, the broker offers a variety of instructional resources and trading tools to help its clients. However, Libertex is not authorized by any major financial institution, and its trading instruments are limited in comparison to other brokers. Customer service is also restricted, with no live chat or phone assistance available.

Security

Libertex keeps client deposits separate from company funds and provides negative balance protection. It complies with the EU 5th Anti-Money Laundering Directive and the Financial Instruments Directive 2014/65/EU. Over 2.2 million traders from various nations use the Libertex platform. It has held up over time.

Trading Market

The most popular asset on the Libertex trading platform. Traders choose these because of volatility and profit potential.

• Bitcoin: Digital coins can be used to pay for the goods and services of those who accept them. They can be exchanged for traditional currencies through the special exchange.

• DAX (FDAX): DAX (derived from the German Deutscher Aktienindex) is Germany's key stock index and one of the most influential indices in Europe. It represents almost 80% of the market capitalisation of all companies registered on the Frankfurt Stock Exchange.

• Dow Jones: This stock index is the oldest US index. Having emerged as an indicator of the state of the largest industrial sector in the US economy, nowadays it covers the 30 largest American companies from different industries, such as Coca-Cola and Boeing.

• WTI Crude Oil: WTI is an American grade of oil produced in Texas which contracts are traded on ICE Futures Europe. Historically its prices are close to those of Brent despite a higher quality.

• Brent Crude Oil: Brent is a European grade of oil produced in the North Sea. Since 1971 it has been considered a benchmark crude and used as a basis for price setting for over 40% of all the world grades of oil, in particular Russian oil Urals.

• CAC 40: CAC 40 is one of the major stock index is a measurement of the value of a definite shares group. A change in the dynamics of stock indices in course of time allows not only to estimate the general market direction but also to make money on these trends investing into the entire industries or economies at once.

• GBP/USD:

GBP (British pound) Issued by: Bank of England. Price dynamics depends on the interest rates of Bank of England, inflation and growth rates of the regions economy.

USD (US dollar) Issued by: Federal Reserve System (Fed). Price dynamics depend on the interest rates of Fed, inflation and growth rates of the USA.

• Light Sweet Crude Oil: Light Sweet Crude Oil is a benchmark crude produced in Texas (USA) which contracts are traded on Chicago Mercantile Exchange. Historically its prices are close to those of Brent despite a higher quality.

• EUR/USD:

EUR (Euro) The second world‘s reserve currency after US dollar in order of importance. Issued by: European Central Bank (ECB) Price dynamics depends on the interest rates of ECB, inflation and growth rates of the region’s economy.

USD (US dollar) The main worlds reserve currency. Issued by: Federal Reserve System (Fed) Price dynamics depends on the interest rates of Fed, inflation and growth rates of the USA.

• Arbitrum (ARBUSD): Arbitrum is a layer-2 solution for the Ethereum network that is designed to improve smart contracts' functioning. Using Arbitrum in smart contracts increases transaction speeds, introduces the ability to scale and decreases commissions inside the network.

Other Services

This exchange also offers forex, ETFs, cryptocurrencies and other services, as follows:

• Copy Trading: All of the trading strategies offered in the service have seen profitability in tests on real accounts and using historical data.

• ChatGPT: ChatGPT can analyze a large amount of information from a variety of sources and make recommendations based on this.

• Personal action plan for Nobel Portfolios: For new users! Deposit funds to your account and get Nobel Portfolios, a proven investment solution.

• Trading signals: By clicking the “Use Signal” button, you can select the transaction amount and multiplier, as well as execute the signal.

• Trading ideas: Helpful ideas from our experts for those who don't want to waste time analysing the market on their own.

• Trade from the chart: Visual opportunities to make trades by hand on the chart screen.

• Most profitable assets: Assets other Libertex traders are earning on.

• Dividends section: The list of stocks that will yield dividend payments in the coming days.

• Economic calendar: An up-to-date calendar of macroeconomic events with the ability to quickly make trades.

• News: Real time news from the world's currency, trading, and stock markets will help you analyze and make your trading decisions.

• Hot Assets: A list of assets with the largest price fluctuations in the past few hours.

• Daily Digest: All the important information you need in one place.

• Best Stocks to Buy: List of the best performing stocks.

Libertex APP

The Libertex APP can be downloaded through the Apple Store and Google

In this app, you can set up your account and start using the mobile trading app to do a series of operations such as buying and selling stocks, stocks, ETFs, cryptocurrencies and CFDS for indices.

Cryptocurrencies Available

Libertex presents a rich assortment of cryptocurrencies (70+), ensuring traders have access to an expansive market landscape. Among the offerings, you can find widely recognized options like Bitcoin (BTC) and Ethereum (ETH), which maintain their status as dominant players with market caps exceeding $1 trillion and $300 billion respectively. Additionally, the platform includes alternative choices such as Binance Coin (BNB) with its innovative Binance Smart Chain integration, and Cardano (ADA) known for its focus on smart contracts and scalability, boasting a market cap surpassing $70 billion. This diverse selection on Libertex accommodates traders of all levels aiming to capitalize on the dynamic cryptocurrency market.

How to open an account？

The registration process of Libertex typically involves the following steps:

1. Visit the Libertex website and click on the “SIGN UP” button to begin the registration process.

2. Enter your personal details, such as your full name, email address, and password, in the provided fields.

3. Agree to the terms and conditions of Libertex by checking the appropriate box.

4. Verify your email address by clicking on the verification link sent to your registered email.

5. Complete the identity verification process by providing the required documents, such as a valid ID or passport, proof of address, and any other requested information.

6. Once your documents are successfully verified, your Libertex account will be activated, and you can start trading in cryptocurrencies on the platform.

Promotional Campaign

How to get the Welcome Bonus, to get the Welcome Bonus, the client should:

• Complete and pass the registration procedure

• Fund his/her trading account for the first time with at least the minimum amount specified.

• Deposit: Open an accountand make your firstdeposit.

• Get bonus: Get 100% of yourdeposit as yourWelcome bonus.

• Open trade: Open deals and enjoy your trading!The more you trade the faster your bonus converts into real money.

• Get paid: The converted bonus gets paid to your trading account.You are free to withdraw this money or use it for further trading.



Fees

Monthly Fees	$0
Commissions	0.47%-2.5%

Libertex only charges commission. Libertex is free to join and there is no monthly fee for trading. The only fees associated with trading are the commissions. Libertex also charges an inactive fee of $5 per month. On cryptos, commissions can vary from anywhere from 0.47% to 2.5%.

Deposit & Withdrawal

Libertex does not charge internal deposit fees, but numerous payment processors charge withdrawal fees, and traders should additionally consider any applicable third-party expenses. The minimum deposit for opening an account is €100. Processing timeframes range from instant to five business days, depending on the payment processor. Only verified accounts can request withdrawals, and they must revert to the deposit method, with only bank wires available for access. Because of their geographical location, not every trader has access to all alternatives.

Educational Resources

Libertex provides a number of educational resources to assist traders in making educated selections. Their blog includes a variety of trading-related topics, such as market analysis, methods, and trading psychology. In addition to the blog, they offer a news component that discusses key economic events and their probable market impact. Libertex provides an economic calendar that indicates impending releases and their predicted impact on traders who wish to stay up to date on the latest economic developments. Webinars and video tutorials are other instructional materials that cover a wide range of topics, from beginner to advanced trading ideas.

Libertex offers beginner tutorials, with 10 sessions in total. Helps novice traders learn the basics of trading, such as: how to trade in the financial market, how to make the first successful trade, understanding what the multiplier is, etc.



Exchange Comparison

Exchange	Libertex	Huobi	Coinbase
Suitable Traders	Suitable for both entry-level and experienced traders to diversify their portfolio	A prominent exchange for advanced traders	User-friendly exchange tailored for beginners
Fees	0.47% - 2.5%	0.20%	0% - 3.99%
Cryptos Available	70+	700+	200+
Website	https://libertex.com/	huobi.com	coinbase.com

Target group analysis

Libertex is the best trading platform for its quality and innovative technology.

Libertex broker has been operating since 1997. This international brand has acquired over 25 years of experience. Libertex customers come from 120 countries worldwide. During its operations, Libertex has won 40 international awards from financial magazines and institutions for its customer support quality and innovative tech solutions.

Is Libertex a Good Exchange for You？

• Libertex is an online broker that offers tradable CFDS on underlying assets including commodities, forex, ETFs, cryptocurrencies and more.

• Suitable for a variety of trading groups, including beginners, experienced traders, and those looking for a user-friendly platform to access a wide range of investment options.

• Over the years, Libertex has received more than 40 prestigious international awards and recognitions, including “Latin America's Most Trusted Broker” (Ultimate Fintech Award 2022) and “Best Trading Platform” (Forex Report Award 2022).

• Global 3M+ customer with more than 300 tradable assets covering 120+ countries and 25 years of market experience.



FAQs

Q: Is Libertex regulated？

A: Yes. It is regulated by Cyprus Securities and Exchange Commission (CYSEC).

Q: At Libertex, are there any regional restrictions for traders？

A: Yes. Libertex does not accept any customers from and does not operate in any of the following restricted countries, such as Russia, USA, Japan, Brazil and European Union; countries identified by FATF as high-risk and non-cooperative jurisdictions having strategic AML/CFT deficiencies; and countries that are under international sanctions.

Q: Does Libertex offer demo accounts？

A: Yes. Libertex offers free demo accounts with $50,000 virtual capital.

Q: Does Libertex offer the industry-standard MT4 & MT5？

A: Yes. Both MT4 and MT5 are available.

Q: Does Libertex charge a fee？

A: Like every forex broker, it charges a spread fee but no commission is charged. Libertex also charges an inactive fee of $5 per month.

Q: Is Libertex a good broker for beginners？

A: Yes. Libertex is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

User Review

User 1:

Man, I've been using Libertex for a while now, and I gotta say, I'm pretty impressed. The interface is smooth and user-friendly, making trading a breeze even for someone like me who's not a total crypto pro. They've got a bunch of cryptocurrencies available, from the classics like Bitcoin to some interesting altcoins. The security's solid too – I feel confident my funds are safe. But, I wish they had more responsive customer support; had a minor issue that took a bit to resolve.

User 2:

Yo, just wanted to drop my thoughts on Libertex. The thing I love is their variety of cryptocurrencies – I'm all about diversifying, and they've got that covered. Also, their trading fees are reasonable compared to some others out there. The withdrawal speed is legit; I got my funds quicker than expected. But, on the flip side, I wish they were more transparent about their regulations and privacy policies. Like, let us know how our data's being handled, you know？ Overall, it's a pretty decent exchange for someone looking to explore the crypto world.

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities.Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.