Libertex Review

50% Spread Discount for New Traders
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In this Libertex Review I am going to take a look at all the pros, cons and features of Libertex. I’ll start with some basic company information like regulatory body,… more

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Broker Libertex
Website URL
Founded 1997
Headquarters Gladstonos and Karaiskaki Street, off 31, Limassol 3032, Cyprus
Support Number +357 22 025 100
Support Types email: [email protected], telephone, live chat
Languages English, Spanish, Russian, German, French, Dutch, Italian, Polish, Swedish
Trading Platform Libertex Trading Platform
Minimum 1st Deposit $10
Minimum Account Size $10
Minimum Trade Amount 10% of account size under $10
Maximum Trade Amount 100% of account size
Bonus 50% Spread Discount for New Traders
Payout Within 2 - 4 workdays
Leverage Max 1:30 for individual traders and 1:600 for professional traders
Spread Tight fixed spreads
Free Demo Account Open Demo
Regulated Yes
Regulation Libertex is licensed by CySEC under number (164/12)
Fees Yes
Fee Info Yes, see fees in table in our extended Libertex Review
Commissions Yes
Commission Info Yes, see fees in table in our extended Libertex Review
Account Types Demo Account, Standard Account
Deposit Methods credit/debit card, Skrill, SEPA wire transfer, Neteller, giropay, trustly, iDEAL, Przelewy24, Rapid
Withdrawal Methods credit/debit card, Skrill,Neteller, SEPA wire transfer
Trading Methods scalping, day trading, swing trading, guaranteed fills, guaranteed limit orders, guaranteed stop losses
Number of Assets 5.000+
Types of Assets stocks, cryptocurrencies, forex, precious metals, commodities, index funds, agricultural products, oil-and gas types, ETFs
Trading Currency Wide range of tradable currency pairs containing all major and minor pairs and most exotic.
Account Currency Euro, Dollar, Pound
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 9.2

Full Review

In this Libertex Review I am going to take a look at all the pros, cons and features of Libertex. I’ll start with some basic company information like regulatory body, broker’s liability and will continue with a trading platform review. We will also discuss mobile trading at Libertex, traceable assets, account types, spreads and costs. You will learn how to deposit or withdraw money from or to Libertex and everything you need to know about their customer service. At the bottom of this Libertex Review you can find an extensive FAQ.

Liberty Exchange or Libertex is a brand launched by Forex Club International Ltd. and Indications Investments Ltd. in 2015. Both companies are part of the famous Russian Forex Club Group. The Forex Club Group has had a long history since it’s launch in 1997. The offices of the group are based in Belarus, Cyprus, Russia, the Grenadines and St. Vincent. Initially the Forex Club Group operated via the Commonwealth of Independent States (CIS).

As of today, the Forex Club Group has more than 2 million clients in more than 110 different countries. With the Libertex web-based trading platform, traders can trade different asset classes like forex pairs, precious metals, stocks, energy markets and index funds.

Why you should use Libertex as your broker

Libertex Regulation and Licenses

When talking regulation, we can definitely call Libertex reliable. The trading platform is under strict regulation by the Cyprus Securities and Exchange Commission (CySEC). Libertex has a CIF license under number #164/12, issued to Indications Investments Ltd. The last two years the CySEC became stricter and stricter, which is good for retail traders. In an industry that is mostly unregulated and ‘in the cloud’, guidance and overview by the CySEC is wanted.

However, apart from just being regulated by the CySEC, Libertex is also part of The Financial Commission (Finacom). Finacom is an independent service that helps in disputes between traders and brokers. When traders have certain complaints about a broker, they can file them at Finacom.

Libertex is a CySEC regulated broker and fully compliant.

Libertex Reliability

Like I said before, Libertex is a CySEC regulated broker. To become a financial services provider in Cyprus, a broker must have a significant amount of working capital. This required capital is being checked by MiFID, a regulatory body that guards over all financial service providers in the European Economic Area (EEA). In addition, Libertex is also part of the Investor Compensation Fund. This fund pays out traders up to a certain amount, in the rare case Libertex ends up bankrupt. Traders can also contact FinaCom to be compensated.

Is Libertex a scam or legit?

Libertex Trading Platform

The trading platform that Libertex uses, is a web-based platform. This is good news for some traders, as they don’t need to download or install any software. The trading screen and user interface of the trading platform are very easy to use. The prizes and tradable assets are shown on your left. At the right side of your screen you can filter popular stocks, Top Rising and Top Falling.

Above all, traders can set their graphs at Libertex to display in different visual ways:

– Area Charts
– Candlesticks Charts
– Heiken Ashi Charts
– Hollow Candlesticks Charts
– Line Charts

The graphs can be set in different timeframes ranging from 1 minute to 30 days. Real-time news and market predictions are displayed in several feeds under the graphs. Trading with leverage is possible at Libertex. However, Libertex is very suitable for both experienced and beginning traders.

Libertex Demo Account Screenshot

Libertex Demo Account Screenshot

Libertex Mobile Trading

Libertex offers it’s clients mobile-friendly versions of it’s trading platform. Depending on the operating system of your smartphone or tablet, you can download Libertex mobile trading apps from the Google Play Store or Apple’s App Store. Scan the QR code below to download Libertex directly on your smartphone or tablet.

Scan the QR code to download Libertex App on your Device

Libertex Trade Types and Instruments

Traders can trade from a selection of six different asset classes on Libertex. They can trade in forex pairs, CFDs, index funds, stocks, precious metals, commodities and cryptocurrencies. All together Libertex offers traders about 150 different assets to trade on.

Libertex Account Types

There are only two accounts available on Libertex. The Standard trading account and the Demo trading account. The demo account is similar to the standard trading account. It comes with a virtual balance of $50,000 and you can use it to place paper trades. Beginning traders can use the $50,000 demo account on both the web-based and mobile trading platform.

To open a real money account at Libertex, one only has to deposit $10 or more. I wouldn’t personally suggest depositing only $10, but rather $50 or $100. This because most professional traders only open positions that are 10% or smaller of their entire trading balance. To open a $5 or $10 trade, it is wise to have at least $50 or $100 on your trading balance, respectively.

Libertex Commissions, Spreads and Fees

In addition to most retail forex brokers, Libertex doesn’t charge traders large spread commissions. Instead, traders pay a so called ‘’trading fee’’. The trading fee is based on every $1000 worth of transactions. For instance, if there is a $0,05 fee on a $1000 round-traded asset, you pay $0,50 in fees on a $10,000 transaction. Note that the invested amount is including leverage. For instance, if leverage is x10, your invested amount is $100,000 instead of $10,000. In this case the trading fee would be $5,00.

Apart from the amount invested and the used leverage, the trading fee also depends on asset class type. To get an idea how much Libertex actually charges, you can check the table of most traded instruments below.

AssetTrading Fee
Brent Crude Oil0.039%
Natural Gas0.356%
Dow Jones0.011%
*Spreads and fees can vary according to the terms and conditions of the broker.

Libertex Leverage Table

Libertex Deposit and Withdraw Money

There are a lot of ways traders can deposit or withdraw money to or from Libertex. Of course one can just deposit by credit card or wire transfer. However, Skrill, Neteller, Bitcoin and other cryptocurrencies can be used as deposit method too. Please note that Libertex does charge inactive accounts. An account is deemed inactive when one didn’t open any trades or positions in the last 180 days. When you want to withdraw money from an inactive account, 2% inactivity fee is charged by Libertex. Accounts with more than $10,000 trading balance shall never be turned inactive.

Libertex Bonuses and Promotions

Recently, forex and binary options brokers were forced to remove deposit bonuses in the EU. Therefore, Libertex doesn’t offer any deposit bonus of some sort. However, Libertex does offer new and beginning traders 50% discount on trading fees.

Libertex Customer Service & Support

The Libertex website is available in ten languages. For instance, in English, French, German, Dutch, Italian, Spanish and Swedish. To contact customer support, you just open a live chat sessions. This is quite unique as most online brokers have a phone number or email somewhere on their site. Libertex customer support is only available in live chat form.

In other words, Libertex could improve on their customer service and support. However, Libertex does provide it’s traders good education material on their website. Libertex offers (mostly beginning traders) tips, tricks and know-how by a 30 videos counting video tutorial series.

Libertex FAQ

Question: Does Libertex has a license?
Answer: Yes, Libertex is a broker with a license from the Cyprus Securities Exchange Commission (CySEC license number 164/12). Apart from this, Libertex is also dispute member of Finacom.

Question: Where is Libertex based?
Answer: Libertex is based on Gladstonos and Karaiskaki Street, off 31, Limassol 3032, Cyprus.

Question: How does Libertex make money?
Answer: Libertex earns money by charging it’s clients a small commission per trade executed on the Libertex trading platform.

Question: How do I deposit money on my Libertex account?
Answer: you can deposit simply with your credit card or by wire transfer, but also by Skrill, Neteller, Bitcoin or other cryptocurrency.

Question: Hoe can I withdraw money from my Libertex account?
Answer: You can withdraw money from your Libertex account only in the same way(s) you deposited money.

Question: How can I open a demo or real account at Libertex?
Answer: To open a trading account at Libertex, you just fill out the simple registration form and upload the required documents.

Question: Is Libertex reliable?
Answer: Yes, Libertex is a trusted broker that is being managed by a reputable mother company since the 1997’s. Apart from this Libertex also has a broker license from CySEC.

Question: Does Libertex use MetaTrader?
Answer: No, Libertex doesn’t have a MetaTrader trading platform. In stead of this, Libertex offers it’s traders pc, smartphone and tablet web-based trading.

Question: What is the leverage used at Libertex?
Answer: The maximum leverage used is 1:30 for individual traders and 1:600 for professional traders.

Question: Is Libertex a scam?
Answer: No, Libertex is not a scam. Libertex is a legit broker with CySEC license that operates within the international rules.

Question: Is this Libertex Review independent?
Answer: Yes, this Libertex Review is independent. However, does receive affiliate and advertisement commissions.

Libertex Review Conclusion

In conclusion, traders can be happy with the quality of services offered by Libertex. The trading platform is easy to use and the trading fees are outlined in a transparant way. For new or existing traders that are looking for a broker, Libertex is as an excellent choice. With a low minimum deposit required of just $10, everyone can trade at Libertex. My final verdict in this Libertex Review is a 9.2 for Libertex, as there are almost no better brokers available for retail traders.

Register a Libertex (demo) Account


Screenshot 1 Screenshot 2


  • Very low minimum deposit required to start trading of just $1
  • Very low fees
  • Trade crypto, stock and forex on same app
  • Very fast payouts by Neteller and Skrill


  • Limited multiplier on some assets for individual traders


  • User experience:

  • Platform:

  • Reliability:

  • Customer Service:

  • Payouts:

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(1 Reviews)
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I think the crypto currency Authority should look into the fraudulent activities taking place in the crypto currency world by Brokers and Account Managers. 80% of Forex , Binary and Bitcoin Brokers and Account Managers are operating illegally all they do is to steal fund from traders , I was a victim , they convinced me into investing with them after depositing my fund they refused me access to withdraw my fund rather requesting for more deposit. It was a painful experience, but God so kind I came across a broadcast talking about how Mr Ashley Larsen, helped victims who lost their fund to Brokers and Account Managers, I took the opportunity and contacted Mr Ashley through the email they displayed for consultation, after receiving my mails he asked for information about my trading and the Broker name ,Account manager name , the Total amount I lost and the year. I forwarded all the details to him . With their help I was able to get back the total amount I lost , the crypto security agencies mission is to make the crypto market a safe place for all traders and investors. If you’re having difficulties in withdrawing your funds or you have lost your fund in years or months back but you still have details of the broker or account manager who stole your money kindly contact Mr Ashley Larsen he will hear you out and guide you on the right steps to take and get back your money successfully, contact him through his email address below. [email protected]

Pros: Full Refund

Nadelen: None

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I hereby declare this review to based on my own experience trading with this broker and I did not reseve compensation in any way submitting this review

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