Libertex (Europe) felülvizsgálatát

Introduction

Libertex is a popular broker and established name in the brokerage space that has been in business for 27+ years now. The broker offers 300+ CFD assets that include forex pairs, stocks, commodities, indices, metals, cryptocurrencies, stocks, bonds, and much more. The commissions on the platform are very low and 1:30 leverage. The leverage is much higher (1:500) in unregulated markets for traders outside of Europe (please visit our Libertex.org profile if you are not in Europe).

The broker is regulated in Cyprus by Cyprus Securities and Exchange Commission (CySEC) under the license number 164/12. A Tier-1 regulation gives the traders the confidence that their funds are secure with the broker with the best security features in place. Cyprus also happens to be the headquarters of the company. 

Libertex is one of the most complete brokers to start trading with. You have access to different trading platforms, many tradable instruments, educational resources, and so much more. With less fees and tight spreads, there are less things for traders to worry about when trading with Libertex.

Supported Countries

Whenever you are to choose a broker, it is crucial to know if that broker is taking clients from your country or not. Due to regulations and various factors, most of the time brokers are operating in limited countries. Generally, you can always go to their sign up pages, and if you don’t have any trouble signing up, this means the broker takes clients from your country. Otherwise, the broker is not available. However, we cut out this hassle for you by doing this research ourselves. 

With Libertex, the supported countries aspect is a bit complex. For example, European countries have access to Libertex.com. These European countries include Austria, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Sweden, Switzerland, Iceland, Liechtenstein and Norway.

Whereas, traders from other regions have access to the offshore regulated (Libertex.org), and lastly there are countries where Libertex does not operate. 

Note: Libertex.com and Libertex.org profiles are set up with geotargeting. So, if you see this page (without a VPN), you are on the right profile. 

Lastly, there are countries restricted from both versions. These countries are USA, United Kingdom, Australia, New Zealand, Belgium, British Virgin Islands, Guam, Lebanon, United States Minor, Outlying Islands, Northern Mariana Islands, Uganda, Philippines, Sri Lanka, Kuwait, Azerbaijan, Canada, Russia, Japan,Brasil, Malaysia, Indonesia, Iran, Turkey, Egypt, Iraq, Syria, Central African Republic, Spain, Algeria, Aruba, Angola, Afghanistan, American Samoa, Burundi, Bangladesh, Bosnia and Herzegovina, Central African Republic, Democratic Republic of Congo, Egypt, Eritrea, Gabon, Guinea, Guam, Haiti, Libya, Mali, Nicaragua, Sudan, Senegal, Tunisia, Yemen, Zimbabwe, Pakistan, Poland, Portugal, and Switzerland.

Average Customer Ratings

One of the best ways to learn about the quality of service a broker offers to its customers is by checking reviews from their existing clients. Libertex Europe (Libertex.com) maintains a good rating of 3.9 on TrustPilot. Based on the data, 61% of the users have given the broker a 5-star review. 

Trading Platforms

When you are a trader, many things like the devices you can trade from, the features you can use, and the interface depends on the trading platform. Therefore, it is important to choose the one that best suits you. Libertex offers its customers MT4, MT5, and its proprietary platform. 

Generally, when a broker has its own proprietary platform, that is the only one being offered. However, that’s not the case with Libertex at all. You can try the OG MT4, the more advanced MT5, or explore the proprietary platform. The offered demo account can be a good testing ground for the company’s own trading platform. 

Types of Trading Accounts on Libertex

The available account types on Libertex are not as spread out as most brokers. Generally, most brokers have 5+ tiers with differences in commissions and other features. Libertex has a more simplistic approach with one account type for all, another for professionals with a high appetite for risk, and demo accounts to learn different strategies.

Retail Account on (Libertex Europe)

This is the standard account available to all traders on Libertex.com. This account has a straightforward €100 initial deposit to start trading. You get access to MT4, MT5, and proprietary trading accounts from the broker.The commissions on different assets on this account are as low as zero pips and leverage is maxed at 1:30. Lastly, you have negative balance protection which means you can not lose more money than you have in your account.

Professional Account

The professional account has a qualifying criteria. A trader must have two out of three things which are sufficient trading activity, certain experience in financial markets, and a portfolio > €500,000. So, it is clearly not accessible to most traders. 

To start trading with this account, the initial deposit is €100, the same as a retail account. The commissions are also very low. You also get access to MT4, MT5, and Libertex proprietary trading platforms. However, the main difference is the leverage that can be as high as 1:600 to even higher. Please note that when using this account, you lose many of the regulatory benefits. For traders who are outside of Europe (non-regulated markets), the leverage is quite high compared to Libertex.com.

Stock Investing

Stock investing account is different from the CFD trading account. This account allows traders to invest in real stocks and earn dividends in Libertex. This is a commission-free account from the company which means the broker does not charge commissions on buying or selling of stocks. The only spreads applied to these accounts are the market spreads. 

Demo Account

The demo account is a great platform for anyone who wants to learn trading. Libertex gives you 50,000 virtual currency units to try different trading strategies, develop an understanding of markets, and hands-on trading. It is highly recommended for new traders to benefit from it.

Leverage and Spread

Since Libertex Europe caters to the European regulated markets, the leverage is capped at 1:30 as per regulations. A good thing about Libertex is its low commissions that are close to zero.

Customer Service

Libertex offers high quality customer service, checking all boxes you expect from a leading broker. Support is available across all three channels (live chat, call, and email). You can email them at [email protected] or call them at +357 22 025 100. 

The support is available in 7 European languages. The support is multilingual, offering help in at least 7 languages: English, Spanish, German, French, Italian, Portuguese, Dutch and Polish. When it comes to availability, Libertex does not offer limited hours of service unlike many others. Customer service is available 24/5, which means you can contact them on all days when markets are open.

Educational Material

Educational material provided by a broker allows traders to upskill and make better trading decisions. Libertex has an Academy section where you can access 9 lessons and detailed research blogs. The video format and short length of the lessons makes them very to consume for most traders. However, the educational material from the company is not the most extensive when compared to other companies. But it can be helpful to new traders who are in the process of learning the basics. 

Besides the educational material, the economic calendar is also available. You can better prepare yourself for any events that can have an impact on the financial markets. 

Deposits and Withdrawal Methods

The flexibility to use your desired methods for deposit and withdrawals adds to the convenience. Usually, the deposit and withdrawal methods available from most brokers are via credit and debit cards with maybe the option of using 1 or 2 e-wallets. 

Libertex offers much more convenience in this regard by offering a wide range of deposit and withdrawal methods. The following are the withdrawal and deposit methods you get with Libertex:

• Bank cards (credit/debit)
• Bank wire transfer
• E-wallets (Skrill, PayPal, Neteller)

Besides different payment options, Libertex also offers a variety of currencies to fund your account. The following are the currencies you can use for funding accounts: 

• EUR (Euros)
• GBP (British Pounds)
• CHF (Swiss Franc)
• PLN (Polish Zloty)

However, it is important to note that the payment account and the currency you use for deposits will both be the same for withdrawals. Therefore, select the one that will be most easily accessible to you. 

Company Details

Libertex is a private company. The company is regulated in Cyprus under the CySEC license number 164/12. The company operates under Indication Investments Ltd.’s with a registered office located at Ksenos Building, 6th Floor, 10 Agiou Athanasiou, 4105 Limassol, Cyprus. The Indications Investments Ltd. also has an office in Germany, registered under BaFin license.

Regulations and Compliance

Libertex.com (Libertex Europe) being a CySEC regulated broker offers all the standard security features and benefits. You get negative balance protection, investor insurance, and segregated funds. 

Libertex.org (Offshore regulated Libertex) has a much higher leverage of above 1:500 but at a cost of no benefits of a Tier – 1 regulation as it is offshore regulated.

Conclusion 

Libertex is one of the most complete brokers we have reviewed. More trading platforms and a much higher number of tradable instruments makes it suitable for more brokers. Not to mention the ability to invest in real stocks in addition to CFDs makes it a great broker for people looking to diversify their investment portfolio. 

The broker is highly regulated and adds a ton of convenience with different deposit and withdrawal methods. With the facility of making payments with PayPal, Neteller, Skrill, conventional bank cards, and even wire transfer, deposits and withdrawals are hassle-free with the broker. 

All things considered, Libertex is a great broker with a very complete set of offerings. Traders can find most things they expect from a reputed broker from Libertex.