Libertex · Company Profile
Libertex Is A Forex Broker, Founded In 1997, A Popular Broker Offering A Wide Range Of Trading Assets Including Forex, Commodities, Indices And Cryptocurrencies. Since Its Inception In 1997, Libertex Group Has Grown Into A Diversified Group Of Companies Serving Millions Of Clients From Multiple Countries Around The Globe. This Broker Has Grown To The Point Where It Can Boast, With 22,000 Clients From 110 Countries And Over 700 Employees. Libertex Has Received Over 40 Prestigious International Awards And Recognitions, Including "Most Trusted Broker In Latin America" (Ultimate Fintech Award 2022) And "Best Trading Platform" (Forex Reporting Award 2022).
Regulatory Information
Libertex Is The LLC.Libertex.org Libertex International Company, Operated By Forex Club International LLC, Which Is Registered In Saint Vincent And The Grenadines (registration Number 1277 LLC 2021).
Pros And Cons
Pros- Broad Range Of Tradable Assets
- No Minimum Deposit Required
- Multiple Trading Platforms, Mt4, Mt5, Libertex
- Demo Account For New Traders
- Generous Leverage Up To 1:500
- Minimum Deposit From $50
- Online Multilingual Customer Support
Cons
- Limited Deposit And Withdrawal Options Available
- Limited Research And Market Analysis Resources Available
- Lack Of Transparency In Pricing
- No 7/24 Customer Support
Market Tools
Libertex Offers Clients A Wide Range Of Market Tools, Including, Stocks, Cryptocurrencies, Crypto Mining, Foreign Exchange, Metals, Indices, Agriculture, Oil And Gas, And ETFs. With Such A Diverse Range Of Tools, Traders Have The Opportunity To Build A Well-rounded And Diversified Portfolio.
For Example, Stocks Allow Traders To Invest In A Variety Of Companies Across Different Sectors And Industries, While Cryptocurrencies And Crypto Mining Offer An Exciting New Market For Those Interested In Emerging Technologies. On The Other Hand, Forex Trading Offers The Opportunity To Trade Based On Global Currency Fluctuations, While Metals Such As Gold And Silver Provide A Hedge Against Inflation And Market Volatility. In Addition, Indices Allow Traders To Invest In A Group Of Stocks Representing A Particular Sector Or Country, While Agriculture And Oil And Gas Provide Exposure To Commodities That Are Crucial To Global Markets. Finally, ETFs Offer A Convenient And Cost-effective Way To Invest In A Basket Of Securities.
Account Types
This Broker Appears To Offer Two Types Of Unique Trading Accounts, The Libertex Portfolio And The Libertex CFD
This Libertex Portfolio Account Is A New Type Of Account That Caters To Both Novice And Experienced Investors. The Account Is Designed To Offer Traders The Opportunity To Invest In A Range Of Stocks, A Feature That Makes The Libertex Portfolio A Popular Choice For Investors Looking To Diversify Their Portfolios.
This Libertex CFD Account Is A Comprehensive Trading Account Designed To Cater To The Diverse Trading Needs Of Investors. With This Account, You Have Access To A Range Of Trading Tools, Including Cryptocurrencies, Forex Instruments, Gold, Oil And Stock Indices, Among Others. The Account Comes With A Flexible Leverage System That Allows You To Use Multipliers From 1 To 999.
Demo Account
Libertex Offers A Demo Account For Traders New To The Platform Or Who Want To Practice Their Trading Strategies Without Risking Real Money. The Demo Account Is Free And Allows Traders To Trade Using Virtual Funds In A Demo Trading Environment. The Demo Account Provides Access To All Trading Tools And Instruments Available On The Platform, Enabling Traders To Familiarize Themselves With The Features And Functionality Of The Platform. This Allows Traders To Test Their Trading Strategies In A Risk-free Environment And Learn About The Market Before Committing To A Real Trading Account.
Leverage
Libertex Offers Maximum Trading Leverage, Up To 1:500, Making It An Extremely Competitive Product Compared To Other Forex Brokers In The Market. With This Leverage, Traders Can Amplify Their Potential Profits Up To 500x Their Initial Investment, But They Should Also Be Aware Of The Increased Risk Involved. In Addition, Libertex CFD Accounts Allow Traders To Use A Range Of Leverage Options From 1:1 To 1:999, Which Gives Traders Greater Flexibility To Manage Their Risks And Potential Profits. Traders Should Carefully Consider Their Trading Strategy And Risk Tolerance When Selecting The Right Leverage For Their Trades.
Spreads And Commissions (Trading Fees)
According To The Information Provided, They Claim To Offer Spreads Starting From 0.0 Pips On Certain Trading Instruments. This Means That For These Specific Instruments, The Difference Between The Bid And Ask Prices Can Be As Low As 0.0 Pips, Indicating A Small Spread.
Regarding Commissions, Libertex States That They Do Not Charge Any Commissions. This Indicates That Their Fee Structure Is Based Solely On The Spread Offered. Rather Than Charging A Commission Separately For Each Trade, Libertex Incorporates Costs Into The Spreads They Offer. This Can Provide Traders With A Transparent And All-encompassing Pricing Model.
It Is Important To Note That Libertex Advertises Spreads Starting At 0.0 Pips And Without Commissions. Actual Spreads May Vary Depending On Market Conditions, Volatility, And Specific Trading Instruments. Different Trading Account Types And Platforms Offered By Libertex May Also Have Different Spreads.
Non-Trading Fees
Libertex Does Not Charge Any Non-trading Fees, Such As Deposit Or Withdrawal Fees, Inactivity Fees, Or Account Maintenance Fees. However, Payment Providers May Charge Fees For Deposit And Withdrawal Transactions. The Specific Fees Vary Depending On The Payment Method And The User's Country Of Residence. Before Starting Any Transaction, Be Sure To Check The Fee Schedule For Your Chosen Payment Method.
Trading Platform
Libertex Offers Its Clients Three Trading Platforms: Metatrader 4 (mt4), Metatrader 5 (mt5), And The Proprietary Libertex Platform.
MT4 And MT5 Are Popular Trading Platforms That Offer A Wide Range Of Trading Tools And Features. They Both Support Automated Trading Through Expert Advisors (EAs) And Allow For Custom Indicators And Charting Tools. In Addition, They Offer Access To A Large Library Of Educational Resources And Analytical Tools.
This Libertex On The Other Hand, The Platform Is A User-friendly Trading Platform Designed For Traders Of All Levels. It Provides A Simple And Intuitive Interface For A Range Of Trading Tools, Including Stocks, Forex, Commodities, And Cryptocurrencies. The Platform Also Offers A Range Of Technical Analysis Tools, Educational Resources, And News Feeds To Keep Traders Up To Date With The Latest Market Dynamics.
Welcome Bonus
This Broker Appears To Be Offering A 100% Welcome Deposit Bonus To New Clients. To Receive The Bonus, The Minimum Deposit Amount Is $100 And The Maximum Bonus Amount Is $10,000. This Means That If A New Customer Deposits $100, They Will Receive An Additional $100 Bonus, Bringing Their Total Account Balance To $200. However, If A New Customer Deposits $15,000, They Will Only Receive A Maximum $10,000 Bonus, Bringing Their Total Account Balance To $25,000.
Deposit And Withdrawal
Deposit And Withdrawal Methods Are An Important Consideration When Choosing A Forex Broker. It Is Worth Noting That For This Particular Broker, The Only Payment Methods Available Are Visa And Mastercard. While These Methods Are Widely Accepted And Convenient For Many Traders, It Is Important To Keep In Mind That Some Traders May Prefer Other Payment Methods, Such As Bank Transfers Or E-wallets. Before Opening An Account, It Is Best To Consult The Broker's Customer Support Team First To Ensure That The Payment Methods Available To Them Meet Your Needs.
Customer Support
Libertex Offers Several Customer Support Options, Including Phone Support And Email Support. Additionally, They Offer A Live Chat Feature That Allows Customers To Contact A Customer Support Representative In Real Time For Assistance With Questions Or Concerns Regarding Them. This Feature Is Available 24/5 And Is Available Directly From The Libertex Website.
The Live Chat Feature Is A Convenient Way For Clients To Quickly Get Answers To Their Questions Or Get Help With Any Questions They May Have. It Is Also A Useful Resource For New Clients Who May Have Questions About The Platform Or How To Use Its Features.
Educational Resources
Libertex Offers A Variety Of Educational Resources To Help Traders Make Informed Decisions. Their Blog Covers A Range Of Trading-related Topics Including Market Analysis, Strategy And Trading Psychology. In Addition To Their Blog, They Also Offer A News Section Covering Major Economic Events And Their Potential Impact On The Market. For Traders Who Want To Stay Up To Date On The Latest Economic Events, Libertex Offers An Economic Calendar Showing Upcoming Releases And Their Expected Impact. Additional Educational Resources Include Webinars And Video Tutorials Covering A Range Of Topics From Beginner To Advanced Trading Concepts.