Libertex Review 2021
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| Libertex - Trade Online. Libertex offer CFD and Forex trading, with fixed commissions and no hidden costs. | ||
Libertex is broker that gives traders access to Forex, Cryptocurrencies, Metals, Indices, Stocks, Oil and Gas, Agriculture, ETF. Libertex allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.
In terms of features offered to traders, Libertex has Demo Accounts, Signals and Auto Trading but is missing Islamic Accounts and Social Trading.
Libertex also gives traders access to 1 cryptocurrencies: 50+.
Libertex is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.
Libertex Summary
Libertex - Trade Online. Libertex offer CFD and Forex trading, with fixed commissions and no hidden costs.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, Cryptocurrencies, Metals, Indices, Stocks, Oil and Gas, Agriculture, ETF |
| Demo Account | ✓ |
| Min. Deposit | €100 |
| Min. Trade | €20 |
| Regulated By | CySec |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✗ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | iOS and Android + Browser based platform |
| Auto Trading | ✓ |
| Trade Signals | ✓ |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✗ |
CFD Trading
| Leverage | 1:600 |
|---|---|
| FTSE Spread | |
| GBPUSD Spread | |
| Oil Spread | |
| Stocks Spread |
Forex Trading
| GBPUSD Spread | 0 |
|---|---|
| EURUSD Spread | 0 |
| EURGBP Spread | 0 |
| Assets | 50+ |
Cryptocurrency Trading
Libertex provide trading on the largest number of crypto currencies with zero spread.
| Spread | Commission up to 50% discount |
|---|---|
| Coins | 50+ |
Payment Methods
Libertex accepts the following payment methods:
- Sofort
- Rapid Transfer
- Credit Card
- iDeal
- Giropay
- Neteller
- Trustly
- Skrill
- Visa
- Wire Transfer
FAQ
Is Libertex Safe?
Yes, most likely, as we gave Libertex a trust score of 50% in this review. The main negative factor in this score is that Libertex is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does Libertex Accept PayPal?
No, Libertex does not accept PayPal payments.
Is Libertex Halal?
Probably not, as Libertex does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.
What trading platforms does Libertex support?
Libertex only supports the MetaTrader 4 trading platform at this time.
Is Libertex Regulated?
Yes, Libertex is regulated by CySec.
The fact that Libertex is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for safer options.
Libertex vs Other Brokers
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| Libertex - Trade Online. Libertex offer CFD and Forex trading, with fixed commissions and no hidden costs. | ||