Libertex Review 2023 Legit? Pros&Cons, Fees, Features

Most major eWallets like PayPal, Neteller, and GiroPay are supported. Withdrawal periods range from instant to five days, depending on the method chosen. Like with deposits, cashing out via bank transfers libertex overview might take up to five days. EWallets are mostly processed instantly, but funds can delay up to 24 hours in some cases. Debit/credit cards take two to five days, depending on the card type and your bank.

Compare Libertex with the top 3 similar brokers that accept traders from your location. There will always be opportunities to trade, although your trading options are time-restricted – especially if you only want to trade on a certain market. There is a live chat option available, or the customer service team will generally provide you with a reply to your query within an hour. Clients can also view market research and analysis from the broker’s team. However, these are not kept regularly updated and do not rival the insights provided by some competitors.

From a design perspective, the application is clear and user-friendly, with full market access, the ability to pre-order, a stop loss and profit taking feature, and live quotes. Alternatively, users may wish to install the app directly from the Libertex website. Both Android and iOS apps are regularly updated for security purposes and to enhance the features. Withdrawals via Skrill and PayPal are free, the cost of other withdrawals varies depending on the payment method.

Clients should always confirm that companies they interact with online are legitimate before sharing personal information or conducting business. If you’re unsure about where to start, what instruments to select or what to expect in the market, you can check out some of our Libertex Academy products. Natural disasters and global warming will be towards the top of the agenda for yet another year. In 2022, we expect world governments to take clearer, more practical steps towards fighting for higher environmental standards.

77% of retail investor accounts lose money when trading CFDs with this provider. Libertex is a reputable online Stocks and CFD broker established in 2012. It has since gained millions of users, mostly traders and aspiring traders. It is overall a great broker for traders who seek a reputable platform and a good choice for those who wish to trade CFDs across different industries. MT4 offers real-time access to all market prices, including details on their liquidity. The platform runs several technical analytics and fundamental analysis throughout various levels of the trade.

Why didn’t you withdraw my money

Traders can also switch between live and demo trading in one tap. As a fully regulated online broker with years in the industry, Libertex is a strong and reputable brand. With over 250 underlying assets to choose from, it’s a good choice for those who want to trade CFDs across a variety of different industries. Libertex offers a modest selection of useful tools, beyond its platform and app. This includes an economic calendar whereby you can filter by the importance of events and announcements. This is available for free directly from the broker’s website.

• Those who need to review CFD specific information that is unavailable can select the “Contact Us” button on the top right corner of this page.
• As a beginner, one may find this brokerage firm more accessible and feature-rich than other platforms.
• Against this backdrop, reliable borrowers will become even more valuable.
• The brokerage offers little in terms of trading tutorials, platform manuals, and jargon busters.
• The Libertex platform also comes with a range of features including charts, timeframes and indicators which are useful for technical analysis.

The crypto decline is unlikely to be as dramatic as on previous occasions. We estimate that if energy prices double, the cost of mining will also double. This will put the price of mining 1 BTC at $45,000-$55,000, so the price is unlikely to drop below these levels.

The Contact Us page offers an online form, an email, a phone number, and a mailing address. Additionally, those looking to review cryptocurrency offerings or those of other assets will appreciate the basic information displayed on the home page. At a glance, website visitors can see the rates and changes for the Dow Jones, GBP/USD, EUR/USD, Gold, USD/JPY, and Bitcoin. Other users’ trading activities on Libertex are announced in the Live Trades section.

Part of the Libertex Group, Libertex is an online broker offering tradable CFDs with underlying assets being commodities, Forex, ETFs, cryptocurrencies, and others. Libertex also offers commission-free investments in real stocks (market spreads apply). They have good trading conditions with plenty of handy tools for conducting market analysis to find trading signals and make informed decisions. Each and every client is treated with the same respect and provided with simple and convenient trading platforms.

Get Libertex on any device

Trading Central streams real time trading signals and gives potential setups directly into the platform. I think this is an excellent software that gives all traders easy access to professional market analysis. It can literally save you thousands of hours from learning how to spot signals and staring at charts. You can set it to alert you to customised signals according to your preferred trading strategies. It is great that the broker makes this available to you for free.

Libertex Leveraged Products

Apart from holding a license from a strong jurisdiction, all info shared by clients on the site is encrypted by a 256-bit SSL. The main benefit is that you get exposed to multiple tradable assets in one platform. Libertex tries its best to actively identify all clone firms but must advise that some do go unidentified by the company for some time.

Libertex Account Opening Process

This is particularly useful for traders who wish to keep an eye on trends or maybe mimic other traders’ profitable decisions. ETFs offered include iShares Core U.S. Aggregate Bond ETF, iShares MSCI Germany ETF, iShares MSCI United Kingdom ETF and others. I don’t see ETFs available on many brokers so I feel that this can help to set them apart from the competition if you are looking for an ETF broker. If you have experience trading with Libertex please share your personal review of the broker and what you think are strong and weak points. Compare the markets and instruments offered by Libertex and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Libertex Trading Platform

During this time, broker has earned more than 30 awards around the world. You can reach out to customer support that is provided via online chat, telephone and email. Customer service is available during office hours from Monday to Friday. There is also a knowledge base on the brokers website that covers a variety of topics including funding, accounts, platforms, trading and other general questions. I have also been pleased with the support that I have received on the rare occasion that I have reached out to them.

In addition to SEPA and international bank wire transfers, it accepts payments via SOFORT, which are processed instantly. Bank wires, including SEPA and international wires, take three to five days to process. Other instant banking solutions are regional and include GiroPay in Germany, iDEAL in the Netherlands, P24 in Poland, Multibanco in Portugal, and Rapid Transfer throughout Europe. UK clients are unlikely to use most of these, other than Rapid Transfer.

Despite the positives, I think the account types are limited whilst leverage is restricted for those who do not qualify as professional clients. The non-fx instruments are also not as extensive as some other brokers. If you are looking to trade in a regulated environment with, then I would say they are certainly worth further consideration. Libertex is a powerful trading app that is designed to try and help boost your online trading.