Search

Rating Index

Pros

Regulated by the Cyprus Securities and Exchange Commission (CySEC), providing a level of security for traders.
User-friendly trading platform, including access to MetaTrader 4 and MetaTrader 5 for enhanced trading experience.
Low minimum deposit requirement of just €100, making it accessible for beginners.

Cons

Limited selection of over 250 underlying assets compared to other brokers, which may restrict trading options.
Low leverage ratio of up to 1:30 for retail clients, potentially limiting profit opportunities.
Inactivity fees apply if there are no trades or account activity for 180 days, which could be a drawback for infrequent traders.

Libertex broker Accounts

Libertex Account Types

Libertex offers two main types of accounts:

  • Libertex Portfolio Account:
    • Purpose: Designed for long-term investment in stocks with zero commission fees.
    • Minimum Deposit: $10.
    • Trading Fees: No fees for trades, no swap fees, and no inactivity fees.
    • Features: Allows buying fractional shares from 0.01 shares, no leverage, and regular dividend payouts credited to the account balance.
    • Libertex CFD Account:
      • Purpose: Suitable for active trading with leverage on various instruments including cryptocurrencies, forex, metals, and more.
      • Minimum Deposit: $10.
      • Trading Fees: Commissions apply based on the asset traded.
      • Features: Offers leverage from 1 to 999 depending on the instrument, allows both buying and selling, and supports pending orders.

      Libertex Broker Account Opening Process

      To open a Libertex account, follow these steps:

      • Visit the Official Website: Go to the Libertex website and click on the "Sign Up" option.
      • Complete the Registration Form: Fill in your email address, create a password, and provide your mobile phone number. Agree to the terms and conditions, then click "Sign Up."
      • Email Verification: Check your email for a confirmation link and click on it to verify your email address.
      • Account Verification: After signing up, you will need to upload documents for identity verification, such as a government-issued ID and proof of residence. This process typically takes up to 3 business days.
      • Make a Deposit: Once your account is verified, you can fund your account with a minimum deposit of $10 to start trading.
      • For more detailed information, you can visit the following sources:

        • Libertex Account Types Reviewed - Updated 2024
        • Libertex Review 2024

Libertex Similar Broker Accounts

Explore broker markets account types: forex/trading accounts with demo access.

Libertex accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Libertex Account