Libertex stands as an online broker, facilitating CFD trading across various assets, including stocks, commodities, and cryptocurrencies. With a decade of market presence, the company distinguishes itself through its proprietary web trading platform, offering unique functionality tailored for novice traders. This platform boasts a user-friendly interface, rich informational content, and advanced technical features, providing an accessible and comprehensive trading experience.
Trade with this broker, if:
- You are interested in cryptocurrencies. Libertex offers several dozen cryptocurrency pairs, including with fiat. All assets are traded with no fee, and spreads start as low as 0 pips.
- You are open to both trading and cryptocurrency mining. The broker provides its own cryptocurrency mining application with a user-friendly interface, no contributions, and no fees. Coins obtained through this application can be used for trading immediately.
Do not trade with this broker, if:
- Your goal is to earn passive income, not just through mining. While the broker offers various affiliate programs, they all require high online activity. Copy trading and joint accounts are not available.
Expert Review of Libertex
Libertex is a brokerage firm offering CFD trading opportunities in stocks, currencies, cryptocurrencies, and commodities within the EEA area and Switzerland. At the forefront of its services is the Libertex platform, specifically designed for novice traders. The platform simplifies the trading process for beginners, with features like a straightforward calculation of lot and pip values (displayed in fiat currency), daily percentage change statistics, and filters for underlying asset selection based on volatility and profitability over 30 days. While the use of advisors for trading is not available, the Libertex platform serves as a user-friendly tool for learning the ropes of trading, especially for those new to the financial markets.
Libertex distinguishes itself through its transparent and flexible fee policy. On the demo account, users can access current prices and spreads for each underlying asset without the need for verification. The platform further eliminates the need to delve into specifications or print fee details, as fees for each underlying asset are readily visible upon initiating a trade within the Libertex platform. For novice traders in search of a broker, exploring Libertex through a demo account is recommended to experience its user-friendly features and gain insights into the world of trading.
Investment Programs, Available Markets and Products of the Broker
Libertex offers the option to open an Invest Account, providing traders with the opportunity to invest in real shares. However, the broker primarily focuses on delivering active CFD trading services, augmenting its platform with additional tools for informed decision-making. For those seeking alternatives, traders can opt for the integrated MT4 and MT5 platforms developed by MetaQuotes.
Here’s how it works:
Registration: Begin by registering on the Libertex website. After registration, download either MT4 or MT5, open an account, and link it to the platform. Your account details will be sent to the email address provided during registration.
MQL5 Registration: Next, register on the MQL5 website. In MT4 or MT5, link your MQL5 account, accessible in the “Service/Settings/Communities” tab.
Funding: Complete the process by funding both your MQL5 account and the account opened with Libertex.
By following these steps, traders can seamlessly integrate the MT4 or MT5 platforms, ensuring a comprehensive and interconnected trading experience with Libertex.
Detailed Review of Libertex
Libertex stands as an online broker specializing in CFD trading, operating under the regulation and supervision of the Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12. The Libertex platform is accessible through web and mobile versions designed for both iOS and Android devices, offering users flexibility in their trading experience. Additionally, traders have the option to utilize the renowned MT4 and MT5 platforms for their trading activities.
Libertex is one of the best brokers for a novice trader and a professional.
The Libertex broker program boasts a user-friendly interface. Retail clients can leverage up to 1:30, and the platform charges competitive spreads. The quote chart on Libertex features various time frames and a convenient scaling function. Users can alter the display format of the underlying asset value, choosing from options like a line, Japanese candlesticks, or a zone, providing comprehensive information.
With over 45 indicators and essential analysis tools embedded into the terminal, Libertex caters to traders’ analytical needs. The platform receives regular updates, positioning itself as a formidable competitor in the financial markets. Libertex offers both MT4 and MT5, preferred by a majority of global traders.
Withdrawal of funds is facilitated through standard channels, including electronic wallets, bank accounts, and cards.
Key features of Libertex’s trading terminals and services include:
1. **Libertex Platform:** A unique, versatile platform enabling trading across mobile devices, laptops, and desktop PCs. Compatible with operating systems such as Android, iOS, macOS, and Windows, it stands out as a singular trading platform without parallels.
2. **Compatibility:** Libertex accommodates a range of devices, ensuring seamless trading experiences on Android and iOS devices, as well as macOS and Windows systems.
Additionally, the platform’s creators provide valuable analytical materials on their website, contributing to enhancing the efficiency of trading operations.
