Libertex Review

General Information

Official Site:

Demo: Open Demo Account

Regulated By: CySEC

Foundation Year:2014

Headquarters: Iakovou Tompazi 1, Vashiotis

Min Deposit: $100

Max Leverage: 1:600

Publicly Traded: No

Deposit Options: Credit Card, Giropay, iDeal, Neteller, Skrill, Sofort, Wire Transfer

Withdrawal Options: Credit Card, Neteller, Skrill, Wire Transfer

Tradable Assets: Currencies, Commodities, Indices, Stocks, Crypto

Fixed spreads: No

Accepts Us Clients: No

About Libertex

Libertex is one of the oldest players in the game, that came to be way back in 1997. Now, they are an authorized and regulated broker that operates in more than 100 countries worldwide. Its offer of tradable asses is commendable almost every imaginable asset in the world.

They are a member of the Forex Club group, a multinational brand with nearly a quarter of a century worth of experience in the world of online trading. Over 20+ years, Libertex is recommended by several financial magazines and institutions for its customer service and groundbreaking trading solutions.

In our Libertex review, we looked deep into what this renowned brokerage has to offer traders in 2020. The big question Is whether Libertex has been sitting on laurels all this time or has it continued to innovate and provide a superior trading experience.


It’s important to note that Libertex is a part of a Cyprus investment firm that is functioning under the safe wing of CySEC (Cyprus Securities and Exchange Commission) with a CIF license number 164/12. In the world of online trading knowing that your selected broker is regulated goes a long way as in most cases it gives traders peace of mind, knowing that their brokerage must comply with strict rules and regulations.

In addition, Libertex takes part in Investor Compensation Fund (ICF) that is meant to cover eligible traders up to $20.000 in case there are any accusations against the company, and it is not able to provide financial compensation.

The clients funds are put in segregated accounts with other financial institutions. This practice serves to ensure all funds cannot be used for any other purpose other than business running costs. Finally, Libertex offers negative balance protection so that their clients are not able to fall below the initial investment amount.

Trading Platform

Libertex offers its clients two very different experiences when It comes to trading platforms. While both of them are easy to use, there are many differences which you will need to take into consideration when making your choice. Libertex has the popular MetaTrader4 (MT4) and its own in-house build trading platform.

  • MetaTrader4

MT4 is one of the best-known platforms for traders across the globe. It is famous for its user-friendly interface, and many trading tools on offer. It has been first choice for many novice traders due to its simplicity and uncluttered layout. When it comes to more advanced traders, opinions are quite different. Some feel there isn’t enough depth for implementing and executing more complex trading strategies.

It is free to use on Desktop, Web, and Mobile platforms (Windows, Android, and iOS are fully supported). Web-version can be accessed via any browser and does not include any downloads at all. Mobile versions are usually a top choice because of their flexibility and ability to offer clients to trade anywhere on the go.

MT4 can display real-time price quotes of trading instruments. Traders can load charts in as many as 9 different timeframes and order multiple times. You can create templates and save them for later use.

  • Libertex Platform

Libertex have created their own proprietary trading platform so that they can have more control over the trading activities. Similarly to MetaTrader4, it is user-friendly due to its simplicity. Traders can use all trading tools and instruments like Forex, CFDs, and Crypto.

This platform supports trading Central which is a third-party tool for market analysis. It is beneficial to traders because it can stream real-time trading signals. It also includes the most popular technical indicators which defer by volatility, trend, and oscillator types.

There is no spread charge on this platform, but there is a small commission fee that starts from 0.03%. If you feel you need a bit of practice first, there is a demo account that starts with $50.000 virtual currency. Libertex platform is available on desktop and mobile (Android and iOS).

Spreads & Commissions

This part of the Libertex review focuses on all trading costs you might encounter while trading with this brokerage. First of all, we need to mention that the cost varies, depending on the platform you choose.

All Libertex’s tradable assets have different charges, with the lowest commission is for EUR/USD when talking about the major pairs. Most expensive commissions come with trading USD/RUB with a commission of 0.41% per transaction. When it comes to Cryptocurrencies, charges are high with 1.02% for Litecoin, 1.0% for Bitcoin, and 0.91% for Bitcoin Cash.

There also seems to be a multiplier.  There is no set leverage number such as 300 to 1 for example. Instead, all Libertex trades can be leveraged but the multiplier will vary drastically depending on the tradable asset. The broker also charged a fee on positions that are kept open overnight. Aside from that, there seem to be no extra fees.

Customer Service 

Unlike many other brokers, Libertex does not offer a live chat pop up box with a live chat assistant. Your best course of action would be to contact them via email or phone. In most circumstances, you will have a pleasant experience with support, as they are swift to respond.

If you have a specific question, rather than a platform issue, you will be directed to the education tab. Sadly, it holds nothing more but the most basic solutions. If you were looking to expand your knowledge on Libertex before your first trade, you will be disappointed by what’s on offer. Social media pages exist, but they cannot offer much help as they are not regularly updated or managed.

Here are all the contact details you will need:

  • Email –
  • Phone – +35 722 025 100
  • Address – Indication Investments Ltd, Iacovou Tompazi 1, Vashiotis Center, 1st Floor Office 101, Neapoli, Cyprus


Choosing Libertex as your broker has several advantages. One of the biggest is the fact that it is fully regulated by SySEC, which helps to keep client funds safe. In addition, there are two platforms on offer, one that suits those looking for a familiar environment (MT4) and one to ensure that pro traders have enough room to develop and execute more complex ideas.

Trading features are very competitive with the rest of the market. Libertex is one of the few to offer no spreads at all. All in all, this brokerage has a lot to offer to all levers of traders, and it is no mistake they are around for such a long period of time. Finally, it is up to you to open a demo account and figure it out for yourself whether Libertex is fit enough to suit all your trading needs and ambitions.


  • Low minimum deposit
  • Powerful browser-based platform
  • Zero spreads on all accounts and instrument types


  • Limited learning resources
  • Only two account choices
  • Poor education tab