Currently, it is a Premium Plus Partner of Getafe CF and Valencia CF, both in the Spanish LaLiga. This Libertex forex review points out that the broker indicates it has earned 30 international awards throughout its 20 years of history. Only a handful of the most recent awards are listed on the website, but they show the breadth and consistency of honours for them. Libertex caters to most international traders but does not accept clients resident in the USA or the UK. The broker offers a tight spread model for all CFD products, meaning you can trade with a low gap between the bid and ask price.
- Libertex makes the effort to provide a useful education section for the readers in addition to news and data section.
- This Libertex review also lists all the offerings available on the platform, including details on minimum deposit amounts, minimum trading limits, & commissions.
- Other instant banking solutions are regional and include GiroPay in Germany, iDEAL in the Netherlands, P24 in Poland, Multibanco in Portugal, and Rapid Transfer throughout Europe.
- I like how you can access your account seamlessly between devices.
Because of its impressive set of charting tools and fast execution, MT5 is one of the most popular trading platforms in the market. Libertex offers competitive trading conditions to its clients, including tight spreads, low commissions, and fast execution speeds. This ensures that traders can enter and exit trades efficiently while minimizing trading costs. Additionally, Libertex provides flexible leverage options, allowing traders to optimize their trading strategies according to their risk tolerance and preferences. One of the standout features of Libertex is its powerful and intuitive trading platform. Whether you prefer to trade on your desktop or on the go with your mobile device, Libertex ensures a seamless and efficient trading experience across multiple devices.
Does Libertex charge an inactivity fee?
Their spread is also very low with world-class education material and customer support. Education covers the basics such as what is Multiplier, how to open a trade, setting Stop Loss, etc. and you will get live news and trading advice from Trading Central right on the platform. 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. It is good for the newbie because it offers all the technical properties at a click.
- If you were to start using a proprietary platform only available at one broker and decided to switch providers, you would then need to learn another platform from scratch.
- The minimum deposit required to open a real account is only $10, which is equivalent to R1 600 ZAR at the exchange rate between the South African Rand and US Dollar.
- Andrew has a well-established career in fintech and came up with comparebrokers.co to make
trading on financial markets more transparent and accessible. - It’s a site that is customizable and adjustable to fit the trader’s specific requirements.
- There is also the option of a demo account so clients can review themselves before creating a real money account.
The broker provides negative balance protection to its clients and keeps their funds in segregated bank accounts. In addition, the broker provides an investor compensation scheme. Moreover, the broker offers various trading platforms such as MT4, MT5 and its own proprietary Libertex trading platform. Plus, the broker offers trading with tight spreads starting from just 0.0 pips and relatively low commission fees starting from $0.03. The broker offers 250+ financial products to trade with ideal conditions. Libertex also provides commission-free real stock and crypto trading.
The Libertex trading platform features a user-friendly interface. Libertex is one of the first online CFD brokers in the industry with more than a decade of experience. The broker is regulated by CySEC and offers a selection of over 250 underlying assets on its trading platform.
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Another well-known aspect of the MT5 platform and its predecessor is the wide choice of indicators and add-ons with various plugins aimed to improve your trading ability. Libertex provides traders with a range of powerful tools designed to enhance their trading experience and support their decision-making process. These tools are carefully crafted to provide valuable insights, facilitate analysis, and improve trading efficiency. One of the key factors that set Libertex apart is its commitment to regulation and client safety. The broker operates under the jurisdiction of reputable regulatory bodies, ensuring that it adheres to strict financial standards and guidelines.
Libertex Additional Trading Fees
Libertex makes use of 128-bit SSL (Secure Socket Layer) encryption, providing users security that their personal data cannot be compromised. With over 40 industry awards to its name, Libertex is certainly a reputable platform to trade from. Libertex is the trading name of Indication Investments Ltd, which has been in operation since 2012 and currently serves multiple clients in the EEA Area and in Switzerland. Clients can use the Order Management feature to look at live quotes for every available underlying asset.
I think the forex traders amongst you will be more than satisfied by what is available. We use dedicated people and clever technology to safeguard our platform. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
The Contact Us page offers an online form, an email, a phone number, and a mailing address. This Libertex UK review appreciates the usability of the broker’s website. The layout makes it simple to review asset offerings, find deposit methods, and learn more about the broker. Additionally, the layout of the website is clean and professional.
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Libertex broker make sure that all users are authentic by complying with the international anti-money laundering rules. Here, a copy of your passport or ID as well as proof of residence address are uploaded. After setting up the account, new Libertex users must add €100 as a minimum deposit to start trading. It’s a plus that it doesn’t charge any fees for deposits and only has little withdrawal fees that are easy to handle.
Libertex offers the choice of two trading platforms – the proprietary Libertex platform and the MetaTrader 4. While the former is available as a web and mobile application, the MT4 is accessible as a web, desktop and mobile app. Both the platforms support Android and iOS mobile devices and are downloadable from the Google PlayStore or the Apple App Store. As you review Libertex cryptocurrency, CFD, and forex payment methods, you will find that this broker truly offers a deposit method for everyone. The broker offers more deposit methods than many competitors, something which traders will likely appreciate.
Chart Settings – Change the chart’s style to candlestick and open a full screen in order to add technical indicators such as Moving Average, RSI, and Fibonacci. Click the fund your account and choose your preferred payment method. Rollover/overnight fees – Rollover fee is taken at the end of a trading day at 9 pm GMT as an interest, which may be either positive or negative. Take note that for CFDs, the rollover will be triple when rolling over a position from Friday to Monday.
In most cases, chart analysis is the most crucial tool for making trades. Libertex is an established online broker with millions of retail users. 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. As mentioned, stocks will be part of any CFD review since the broker does not provide direct access to the market. I like the trading experience at Libertex due to its competitive, commission-free trading costs for Crypto CFD trading and its superb cryptocurrency CFDs selection.
This broker regulation provides traders with an added layer of security and trust, knowing that their funds are being handled in a transparent and compliant manner. The Libertex platform runs 24/7 customer service 365 days libertex review a year. Hence, one can trade at any time and resolve all the issues instantly on Libertex. Another innovative feature of this Libertex mobile app is its ability to switch easily between a demo account and a real account.
Moreover, there’s a news section on the company’s website categorized to all, forex, cryptocurrencies, economy news, politics news, and other. In addition to the Libertex in-house trading platform, the broker offers the popular MetaTrader4 and 5, which includes an automated trading system. The MetaQuotes Language 4 (MQL4) is a programming language for automated trading through MT4, enabling traders to develop trading robots, technical indicators, scripts, and function libraries. Libertex provides its users with access to a demonstration account.