Overview of Libertex 2021
Libertex Group was incorporated in 1997, the total number of customers exceeds 2 million and the number of countries is 11. The company has developed its own platform, which it offers to its customers. To work on a wide range of assets, in addition to its platform, the company works with the famous developer of MetaTrader, version 4 of the application the broker offers to its customers.
- 49 currency pairs
- 100 shares
- 41 cryptocurrencies
- 5 metals
- 18 indexes
- 6 agricultural assets
- 5 oil and gas tools
- 10 ETF
Libertex only charges commission on trades. There are no spreads. Commissions vary by asset and transaction, there are no hidden costs. The maximum leverage rate is 1:30.
One of the innovative features of the Libertex app is the ability to switch from demo mode to real account with one touch on the screen.
Deposits on Libertex can be done in the following ways:
- Bank transfer
- Debit / Credit Card
- Fast transfer
Most payment methods are processed instantly. For some deposit methods, users may be charged a fee of £ 1. The minimum deposit for a real account is £ 10.
Some payment methods (such as Sofort, Trustly, Multibanco, GiroPay and iDEAL) can only be used to fund an account.
Libertex provides its users with access to a demo account. Libertex demo accounts can trade virtual money of £ 50,000.
Libertex is regulated and authorized by CySEC, the authoritative government agency that tests the ability of companies to provide fair trading and financial services.
The Libertex platform is not only incredibly convenient, but it also has many features including charts, time frames and indicators that are useful in the technical analysis of the markets. A choice of 16 languages is available for displaying information.
There are 9 timeframes to choose from one minute to one month. 43 indicators are offered, including 22 trend indicators, 8 volatility indicators and 13 oscillators.
Users can use the order management feature to view real-time quotes for each instrument available.
The favorites list can be customized to include only your most traded assets.
This is useful for efficiently managing price movements in regular trades. From the same area of the site, users can view their order history, wallet balance, and pending orders.
The Live Trades section reports on the trading activities of other traders on the Libertex platform. This is especially handy for those looking to follow trends or perhaps reflect the trading decisions of others.
Unlike other online brokers, Libertex claims to not offer multiple account types, but instead just lists a “real” account and a demo account.
However, dig a little deeper and you will find that professional traders can access 1: 600 leverage provided they can prove they have significant trading experience or credentials.
It is also worth noting that in a real account, you can get access to different levels of status, depending on the amount deposited:
- Gold Status: Traders must make a deposit of £ 250 during the life of their account. Those who have achieved gold status receive a 3% commission discount.Статус GoldPlus:
- GoldPlus Status: Traders depositing £ 1,450 receive a 4% commission discount as a reward.
- Platinum Status: £ 1,500 deposits give traders a 20% discount on commissions as well as access to priority withdrawals.
- VIP Status: Traders depositing £ 5,000 or more are eligible for a 30% discount on commissions, priority withdrawals and premium customer support.
Libertex customer support is available in 11 different languages.
The contact details are as follows:
- Email Mail: help@admin
- Phone: +35722 025100
- Facebook: facebook.com/libertex
- Twitter: twitter.com/libertex_europe
Libertex has implemented segregation of client funds, which means that in the event of a firm’s financial difficulties, traders can be confident that their funds are kept separately and protected by the laws of the Cyprus Securities and Exchange Commission.
In addition to this, Libertex also contributes to the ICF, which covers traders’ deposits of up to £ 20,000 in the event of insolvency.
In addition to protecting funds, Libertex uses 128-bit SSL encryption, providing users with the confidence that their personal data cannot be compromised.
Customer service is available in 11 major languages and can be reached through the company’s Facebook profile, twitter, email, and company phone number.
Customers can have peace of mind about the funds on their balance, as the company is under the regulator and all customer funds are kept separate from the funds of another customer of the company. Moreover, libertex has a membership fund that handles the placement of client funds in case of force majeure. Client data, as is customary in the financial world, is encrypted using two-factor authentication.
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