Libertex is an online Forex CFD broker that offers trading and investment services for various assets, such as CFDs on Forex, stocks, Currencies, commodities, indices, ETFs, and investments in actual shares.
In this Libertex Forex CFD broker review, we will examine the background information, licensing and regulation, account types, leverage ratios, research and education, trader support, spreads and commissions, bonus offers, trading platforms, range of underlying assets, and the pros and cons of trading with Libertex.
Libertex is the official online trading partner of the FC Bayern Munich football team, one of the most successful football clubs in the world.
Licensing & Regulation of Libertex
Libertex Europe is the trading name of Indication Investments Ltd., a company authorized and regulated by CySEC with license number 164/122.
Libertex also complies with the European Union’s Markets in Financial Instruments Directive (MiFID II).
Account Types
Libertex offers its clients three main types of accounts: a demo account, a real account, and an investing account. The demo account allows clients to practice trading with virtual money and access all the platform’s features. The real account will enable clients to trade with real money. The investment account allows clients to invest in real shares.
The minimum deposit required to open a real account with Libertex is EUR 100 or equivalent in other currencies.
Leverage Ratios
Libertex offers leverage ratios up to 1:30 for retail clients. However, the leverage ratio depends on the trade underlying asset.
For example, the maximum leverage ratio is 1:30 for major currency pairs, 1:20 for non-major currency pairs, gold, and major indices, 1:10 for commodities other than gold and non-major equity indices, 1:50 for individual equities and other reference values, and 1:20 for cryptocurrencies.
Clients can check the leverage ratio for each underlying asset on the platform or the CFD specification page on Libertex.
Research & Education
Libertex provides various research and education resources for its clients to enhance their trading knowledge. Some of these resources include:
- Market reviews: These are daily or weekly reports that cover the latest market trends, news, analysis, forecasts, and trading ideas for various financial instruments.
- Economic calendar: This tool displays the upcoming economic events that may affect market movements and volatility.
- Blog: This is a section that contains articles on various topics related to trading psychology, risk management,
- Education: This section contains videos, tutorials, guides, and courses on various aspects of trading, such as the basics of forex, CFDs, technical analysis, fundamental analysis, etc.
Libertex Trader Support
Libertex offers trader support via phone, email, and live chat; the support team is available Monday to Friday from 8 a.m. to 6 p.m. CET and can assist clients in different languages, such as English, Spanish, Portuguese, Italian, German, French, Polish, and Dutch.
This broker also has a FAQ section that answers the most common questions about the platform and trading conditions.
Spreads & Commissions of Libertex
Libertex charges commissions and fees for trading CFDs. It also charges tight spreads, which differ between an underlying asset’s bid and ask prices. The spreads vary depending on the underlying asset and the market conditions.
This regulated broker claims to offer ultra-low spreads for some underlying assets, such as 0.2 pips for EUR/USD CFDs. However, the actual spreads may differ from the advertised ones due to market volatility and liquidity.
Clients can check the spreads for each underlying asset on the platform or the CFD specification page on Libertex.
Libertex Trading Platforms
Libertex offers two leading trading platforms for its clients: In-House Proprietary Trading Software and MetaTrader. This broker is an in-house web-based platform accessible from any browser or device. MetaTrader is a popular third-party platform in two versions: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
Both platforms have similar features, such as:
- User-friendly interface
- Customizable charts and indicators
- Multiple order types and execution modes
- One-click trading
- Market news and analysis
- Mobile apps for iOS and Android devices
However, there are some differences between the platforms, such as:
- Libertex does not offer a desktop or webtrader version of MetaTrader, while other brokers do.
- This broker does not support multi-terminal or multi-account management features, while MetaTrader does.
- Libertex offers commission-free investments in real stocks (market spreads apply), while MetaTrader does not.
Clients can choose the platform that best suits their preferences and needs.
Range of Underlying Assets
Libertex offers its clients a wide range of assets underlying to trade in.
These include CFDs on:
- Forex: Over 50 currency pairs, including majors, minors, and exotics.
- Stocks: Over 200 stocks from various markets, such as the US, UK, Germany, France, Spain, Italy, etc.
- Cryptocurrencies: Over 70 cryptocurrencies and crypto pairs, such as Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, etc.
- Commodities: Over 20 commodities, such as gold, silver, oil, gas, wheat, coffee, etc.
- Indices: Over 20 indices, such as S&P 500, NASDAQ 100, DAX 30, FTSE 100, etc.
- ETFs: Over 40 exchange-traded funds, such as QQQ, SPY, GLD, etc.
Clients can check the range of assets available on Libertex’s website or the platform.
To Trade or Not to Trade with Libertex
Libertex is a reputable and regulated online broker that offers investment trading services for various assets. It has years of experience in the financial markets and has lots of clients in EEA and Switzerland. It also has a partnership with FC Bayern Munich football team.
Libertex has some advantages, such as:
- A low minimum deposit of EUR 100
- Commission-free investing (market spreads apply)
- Ultra-low spreads for some underlying assets
- In-house and third-party trading platforms
- Wide range of underlying assets
- Research and education resources
- Trader support in different languages
However, Libertex also has some disadvantages, such as:
- No desktop version or webtrader version of MetaTrader
- No multi-terminal or multi-account management features
- Market spreads apply to real stock investments
- Variable spreads may diffeRegulatory restrictions may limit leverage ratios and instrument availability
Therefore, whether to trade with Libertex depends on each client’s preferences and needs. This broker may be a good choice for clients looking for a simple and convenient way to trade and invest in tradable assets with transparent costs.
However, this broker may be unsuitable for clients looking for more advanced features and strategies or subject to strict regulatory limitations.
Clients should always research and do due diligence before trading with Libertex and trading with real money. They should also be aware of the risks involved in trading and investing in the financial markets and only trade with money they can afford to lose.
