Libertex Review – Is This Broker Safe And Reliable?

Libertex broker belongs to the Libertex Group and Indication Investments LTD based in Cyprus. The company is monitored and regulated by Cyprus Securities and Exchange Commission (CySEC), one of the trusted regulators in Europe.

As a long-time sponsor of Bayern Munich and Tottenham Hotspur, this is one of the rare brokers that offer stability and transparency. However, in Libertex reviews, we found allegations from clients about withdrawal issues.

In addition, we recommend reading our reviews about brokers T4Trade, Expert Option and Noor Capital.

Libertex Is A Regulated Broker?

Libertex as a part of a trusted group is regulated, as mentioned. However, CySEC is not in the Tier 1 group of regulators like FCA, BaFin or ASIC. They provide very good protection and safety for clients, but we checked as well some even more trusted regulators.

This broker, unfortunately, was not in the database of Tier 1 regulators.

Libertex has a trading license and very transparent business. Sponsor of some football clubs. What else we can look for? However, like any company, there will always be someone non-satisfied.

Reasons for Using a Regulated Broker for Trading

If you want to invest money, you want to make sure that you will make some return on those investments. The problem in trading is that clients are not able to withdraw funds. That’s what a license secures and in case you can’t complete it you can always report it to regulators.

On top of that, trading conditions are clear and transparent. Therefore, you can’t be misled by something that you didn’t know. Unfortunately, even with a licensed broker like this, you can find clients that are not that satisfied according to Trustpilot reviews.

Libertex Software

As regulated broker, they need to provide their clients with a reliable and stable trading platform. That’s why besides their web trader clients have access to Meta Trader 4 and Meta Trader 5.

Both of the platforms have a very fast interface with fast execution trading options and a variety of advanced features. Just a fairly better option for mobile devices has MT4/MT5. 

Libertex MetaTrader 4&5

As the industry standard, the broker gives access to MT4/MT5. As a pioneer in the trading business, this is still the most reliable platform. With a variety of advanced technical and analytical tools, EAs, social and copy trading and many more options. Moreover, available on any device and wherever you are, we would give an advantage to MT4/MT5 over web trader.

Libertex Trading Platform

Libertex trading offers as well very good and well-designed web-based platform with all the necessary tools. It is not very user-friendly and functional according to Libertex reviews. We would always choose MT4/MT5 over any web trader. But you have to check both to make your own opinion.

What Financial Instruments Does Libertex Include?

It’s fantastic to see some of the assets available with this broker. There are many different classes and options to trade with. Some are:

• Forex                        USD/JPY, AUD/CAD, EUR/HKD
• Commodities             oil, natural gas, silver
• Indices                      Dow Jones, FTSE100, CAC40
• Shares                      Amazon, Alibaba, Starbucks
• Cryptocurrencies       BTC, XRP, ADA

This broker only offers leverage up to 1:30 because of regulations. This is good since you are trading CFDs.

Libertex Service Countries

You can only access the website if you are coming from a certain country. Therefore, they offer services to countries like:

• Austria
• Germany
• Italy
• UK
• Czech Republic

Besides that, there is a whole list of countries that you can check yourself. But from Libertex reviews, you could see some clients from mentioned countries that were not satisfied with their services and withdrawal procedures.

Libertex Types of Accounts – An Overview

The good thing about this broker is that they don’t change trading conditions based on your deposit. They have only two options. Real and demo account. If you want to open a real account there is a minimum deposit requirement of 100EUR.

Practice On A Demo Account

Before you get in action you can check how everything works with a demo account. Just have in mind that those funds are virtual. The feeling when you are investing is nothing close to one when you invest your own money. Since 100 EUR is not a big amount, you can try it out small and see how it goes. But first, check other Libertex reviews and make your opinion.

Libertex Partnership

This partnership consists of becoming an affiliate. So, practically you would be bringing clients to this broker in exchange for some benefits. Mostly it’s a commission-based partnership. Even if you are running a marketing business of your own, you can get yourself included in this program. However, if you are making enough money, why bother.

Libertex Deposit and Withdrawal Policies           

Broker offers a wide range of methods for deposits and withdrawals. From Paypal, credit/debit cards, Trustly, Skrill, wire transfer and many more. Every method has certain pros and cons. From processing time and fees. However, you can always choose before making a deposit.

When it comes to withdrawals, PayPal, cards, wire transfers, Skrill and Neteller are the options. It takes from instant to up to 5 days for certain transfers according to the company website. Some customers state they faced some difficulties with the withdrawals.

Libertex Terms and Conditions

All T&Cs presented by this broker are clear and transparent. As they should be because they are regulated. Leverage is according to regulation 1:30. Spreads vary but they are clearly visible on a demo account. Therefore, nothing is speculative. If you are not sure about any of these, you can always go and look for a Tier 1 Regulated broker.

What Should I Do If I Have Libertex Problem?

This broker is regulated for a reason. However, if you have any troubles first contact regulators and your bank. They can investigate your case and see what could be a solution to your problem. If you need more assistance in understanding procedures you can get in touch with our experts.