Search

For more information about Libertex Forex Broker company profile, come to WikiBit!

Rating Index

Pros

User-friendly platform with a variety of trading tools and options.
Low minimum deposit requirement of €100, making it accessible for beginners.
Regulated by the Cyprus Securities and Exchange Commission (CySEC), providing a level of security and trust.

Cons

Limited to over 250 underlying assets, which is lower compared to some competitors.
Fees and commissions can apply, including withdrawal fees and inactivity fees.
Maximum leverage for retail clients is capped at 1:30, which may restrict trading strategies.

Libertex Company

Libertex Company Overview

Founding Date and Background

Libertex is a well-established online trading platform that was founded in 1997. Originally known as Forex Club, it has evolved over the years to become a prominent player in the financial trading industry, focusing on contracts for difference (CFDs) and forex trading.

Parent Company/Ownership Structure

Libertex operates under the Libertex Group, which is a conglomerate of financial services companies. The group has diversified its offerings to include various trading services and products, maintaining a strong presence in the global market.

Headquarters Location

The headquarters of Libertex is located in Limassol, Cyprus. This location is strategic, as Cyprus is known for its favorable regulatory environment for financial services and trading.

Global Business Scope

Libertex serves clients in over 120 countries worldwide, providing access to a wide range of financial instruments. The platform has garnered a client base of over 3 million traders, reflecting its global reach and popularity.

Main Regulatory Bodies

Libertex is regulated by several reputable authorities, including the Cyprus Securities and Exchange Commission (CySEC) under license number 164/12, and it also adheres to regulations in other jurisdictions such as Mauritius and South Africa.

Back to Top

Company History and Development

Key Milestones

Since its inception in 1997, Libertex has achieved several key milestones, including the launch of its proprietary trading platform and the introduction of various financial instruments. The company has continuously adapted to market trends, enhancing its offerings to meet the evolving needs of traders.

Business Expansion Journey

Over the years, Libertex has expanded its business operations significantly. Initially focused on forex trading, the company diversified into CFDs, cryptocurrencies, and commodities, allowing it to cater to a broader audience. This expansion has been supported by technological advancements and strategic partnerships.

Customer Base Growth

Libertex has experienced substantial growth in its customer base, now boasting over 3 million clients globally. This growth can be attributed to its user-friendly platform, competitive trading conditions, and a wide range of available assets.

Platform Development History

The Libertex trading platform has undergone significant development since its launch. It now includes advanced features such as real-time data analysis, various order types, and compatibility with popular trading tools like MetaTrader 4 and 5. The platform is designed to accommodate both novice and experienced traders.

Important Awards or Recognitions Received

Libertex has received numerous awards and recognitions throughout its history, including accolades for being one of the best CFD brokers in Europe and for its innovative trading solutions. These awards reflect the companys commitment to quality and customer satisfaction.

Back to Top

Trading Services Offered

Forex Trading Options

Libertex offers a diverse range of forex trading options, with more than 49 currency pairs available. This includes major pairs like EUR/USD and GBP/USD, as well as exotic pairs, providing traders with various opportunities to engage in the forex market.

Stock Trading Options

The platform also allows trading in over 121 stocks from various sectors, including technology, finance, and healthcare. This extensive selection enables traders to diversify their portfolios and invest in global markets.

CFD Trading Products

Libertex specializes in CFD trading, offering access to more than 300 underlying assets. Traders can speculate on price movements without owning the underlying assets, allowing for greater flexibility and leverage.

Other Financial Instruments

In addition to forex and stocks, Libertex provides trading options for cryptocurrencies, commodities, and indices. With over 79 cryptocurrencies available, including Bitcoin and Ethereum, traders can participate in the rapidly growing digital asset market. Commodities such as gold, silver, and oil are also available, allowing for further diversification.

Special Services or Unique Advantages

Libertex offers several unique advantages, including competitive spreads starting from 0.0 pips, the ability to trade without commission on certain asset classes, and a user-friendly mobile app that allows for trading on the go. The platform also provides educational resources to help traders enhance their skills.

Back to Top

Regulatory and Legal Background

Detailed Regulatory Information

Libertex is regulated by multiple authorities, including:

  • Cyprus Securities and Exchange Commission (CySEC)
  • Financial Services Commission (FSC) in Mauritius
  • Financial Sector Conduct Authority (FSCA) in South Africa

This regulatory framework ensures that Libertex adheres to strict standards of operation and client protection.

Libertex operates through various legal entities based on the region, including:

  • Indication Investments Ltd. (Cyprus)
  • Libertex International Company Ltd. (St. Vincent and the Grenadines)

This structure allows the company to provide tailored services to clients in different jurisdictions while complying with local regulations.

Client Fund Protection Measures

To protect client funds, Libertex employs several measures, including:

  • Segregation of client funds in separate accounts from the companys operational funds.
  • Negative balance protection, ensuring that clients cannot lose more than their deposited amount.

Countries/Regions Served

Libertex serves clients from over 120 countries, including regions in Europe, Asia, and Africa. However, it is important to note that some countries are restricted from accessing the platform due to regulatory limitations.

Compliance History

Libertex has maintained a good compliance history, adhering to the regulations set forth by the governing bodies. The company has established protocols to ensure transparency and accountability in its operations.

Back to Top

Competitive Landscape

3-5 Main Competitors

Libertex competes with several other brokers in the financial trading industry, including:

  • eToro
  • IG Group
  • Plus500
  • AvaTrade
  • Forex.com
  • Positioning in the Industry

    Libertex positions itself as a competitive broker offering low trading costs, a wide range of financial instruments, and a user-friendly trading platform. Its focus on CFDs and forex trading, along with its regulatory compliance, enhances its credibility in the market.

    Market Differentiation Factors

    Libertex differentiates itself through several key factors:

    • Competitive spreads and commission-free trading on select asset classes.
    • A comprehensive selection of over 300 underlying assets.
    • Advanced trading tools and a proprietary platform that caters to both novice and experienced traders.
    • Strong regulatory oversight, providing clients with confidence in the safety of their investments.

    Back to Top

    In conclusion, Libertex is a reputable and established online trading platform with a strong regulatory framework and a diverse range of financial products. Its commitment to providing competitive trading conditions and a user-friendly experience makes it a suitable choice for traders looking to engage in the global financial markets. For more information and to explore trading options, learn more.

Libertex Similar Companies Brokers

Explore broker companies: forex/fx trading, investment, and global limited. Check company details.