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Libertex Forex Broker provides real users with 12 positive reviews, 6 neutral reviews and 45 exposure review!

Libertex Broker Review

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 Review 73

Latest All(63) Positive(12) Neutral(6) Exposure(45) Market(10)
Exposure
Scammed by libertex

It's been several months since I fell into the Libertex trap and they still haven't returned the money. I, like many, was the victim of calls at the moment to invest and see how your account remains at zero and then they tell you that there is no worry. And you deposit 5000 dollars and they recover everything and double the capital. They continue to rob you and the worst thing is that the Czech regulatory cysec does nothing but makes these criminals continue stealing. something has to be done... currently my account remains in zeros. Because even the last 500 usd that I consigned to try to save that last operation and which did not enter I used them for some operations in oil wti. They were in minus and after a while they also closed them, they said that due to expiration. It has never happened in etoro where I have lasted months with negative operations and they never close the account. So my account is left with 10 usd and now at 0 usd.

mauro6737
2023-08-02
Exposure
Operation not performed

On June 27, an operation that I never carried out appeared in my account. I made the respective claim and they told me that they had no responsibility since supposedly I had not taken care of the password. Then by insisting and indicating that I never lost or shared my password with anyone. They told me that the operation came from the same computer in which I performed the last operation, which was in the EUR/USD pair. It is clear that there was no loss of password. I closed the last operation at 8:42 p.m. and went to sleep with my phone. No one could have operated it because it has a password. And the operation was opened at 2 in the morning, a time when I was asleep like everyone else in the house.

bufalo
2023-07-28
Positive
Profitable Journey: Seamless Learning, Smart Earnings with Robust Advisory Support

The truth is very good, you always have an advisor helping you with anything you don't understand and the platform is easy to navigate. They have several options so that you can start earning an income and they even offer courses for you to learn. Personally I started with the courses and signals, I had a very good start and soon I will start using your bot options. I already removed 3 times and no problem arose.

Sueco
2023-07-19
Positive
Global Broker with Unmatched Service: Personal Analysts & Robust Security Measures Ensure Safe Trading Experience

Professional broker with excellent customer service. It is noteworthy that they have offices open to the public in almost all the countries where they operate. They assign you an analyst who gives you unlimited advice at no cost. It has a very strict verification process for withdrawals, which gives me confidence that it is not possible for a third party to withdraw money if my accounts are hacked. I have been working with them for years and I plan to continue.

Sark
2023-07-18
Positive
Reliable Broker Found: Efficient Withdrawals Despite Room for Process Speed Improvement

hello After several years I was able to find a broker that had everything I need, they have good customer service, the processes could be faster but I have always been able to get my money back when I want to withdraw.

Traderinfo
2023-06-30
Positive

I am a newbie here and honestly I have felt very supported in the process, the Libertex´s sales team took the time to explain and help me understand the exact moment to make moves so my investment is profitable and sustainable, even when the scenario is not on my side.

IsaLov
2023-06-29
Positive

excellent platform. Very easy to use and learn. The customer services is responsive and willing to assist.

Kiki3818
2023-06-02
Exposure
Scammers

On January 20 the advisor Jorge Robles scammed me 313 dollars. as I was learning he told me. Open this operation. And I was already more than 50 % in loss. Then he disappeared. Be careful with this gang of thieves.

FX3411687804
2023-05-19

Libertex 2025 In-Depth Review: Opportunity or Trap?

Executive Summary

Libertex, a regulated online broker operating since 1997, caters primarily to retail traders seeking a user-friendly platform to engage in CFD trading across various asset classes, including cryptocurrencies, stocks, and commodities. With a low minimum deposit requirement of €100, Libertex appeals to novice traders eager to explore the financial markets without significant upfront investments. However, potential users should be cautious; while the platform offers diverse trading options, notable shortcomings in its fee structure and customer service could impact the overall trading experience.

As traders consider their options, it's important to weigh the benefits of Libertex, such as its diverse asset offerings and competitive spreads, against the criticisms regarding withdrawal processes and customer support responsiveness, which could deter those prioritizing a seamless user experience.

⚠️ Important Risk Advisory & Verification Steps

Before engaging with Libertex, potential users must acknowledge certain risk signals that warrant careful consideration:

  • Customer Complaints: Numerous reports highlight issues with the withdrawal processes and the responsiveness of customer service, which could lead to frustrations for traders attempting to access their funds.
  • Regulatory Concerns: Libertex is regulated by the Cyprus Securities and Exchange Commission (CySEC), but its coverage is limited compared to tier-1 regulators, potentially raising concerns regarding fund safety.
  • Fee Structures: Users often report unexpected fees, particularly for withdrawals and account inactivity.

To verify the legitimacy and security of Libertex, new users should follow these steps:

  • Confirm the broker's regulatory status through the CySEC website using the license number 164/12.
  • Review detailed user experiences on third-party review sites.
  • Contact customer support with inquiries to assess responsiveness before making large deposits.
  • Rating Framework

    Dimension Rating (out of 5) Justification
    Trustworthiness 3.5 Regulatory oversight by CySEC, but limited compared to top-tier regulators.
    Fees 3.0 Competitive trading fees, but reports of high withdrawal fees and inactivity fees raise concerns.
    Platforms & Tools 4.0 Offers both in-house trading platform and popular MT4/MT5 functionality.
    User Experience 3.5 Intuitive platform but issues with customer service impact overall experience.
    Customer Support 3.0 Mixed reviews; some reports of slow response times are concerning.
    Educational Resources 2.5 Limited educational materials diminish its appeal to beginners.

    Broker Overview

    Company Background and Positioning

    Libertex operates under the umbrella of Indication Investments Ltd, a firm licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). Founded in 1997, the broker has cultivated a significant presence, boasting a client base of over 2.2 million users from diverse regions, primarily within the EEA and Switzerland. The company's long-standing experience positions it as a notable player in the online trading landscape, providing a range of financial instruments including forex, commodities, shares, indices, and cryptocurrencies.

    Core Business Overview

    Libertex primarily focuses on offering contracts for difference (CFDs) across various asset categories. Its platform supports trading in over 250 instruments, including more than 50 cryptocurrencies and other asset classes such as stocks, commodities, indices, and ETFs. The minimum deposit to start trading is €100, making it accessible to a wider audience, particularly novice traders. The brokers fee structure is designed to be competitive, aiming to facilitate cost-effective trading without significant upfront costs beyond the initial deposit.

    Quick-Look Details Table

    Feature Details
    Regulation Cyprus Securities and Exchange Commission (CySEC)
    Minimum Deposit €100
    Maximum Leverage Up to 1:30 for retail clients
    Trading Platforms Proprietary Libertex platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
    Major Fees Withdrawals (~0.5%), inactivity fees after 180 days for accounts under €5,000
    Account Types Real account and demo account, both with minimum deposit of €100

    In-depth Analysis of Each Dimension

    Trustworthiness Analysis

    Analysis of Regulatory Information Conflicts

    Libertex is principally regulated by CySEC, which provides a level of oversight that supports user trust. However, concerns regarding its limited coverage compared to tier-1 regulators exist, leading to questions about the overall safety of client funds.

    User Self-Verification Guide

    To verify the regulatory status of Libertex:

    • Visit the CySEC website.
    • Search for Indication Investments Ltd using license number 164/12.
    • Assess regulatory compliance and any active warnings or sanctions.
    • Consult user reviews and expert opinions on third-party platforms.
    • Industry Reputation and Summary

      While Libertex boasts a generally positive reputation due to its longevity and regulatory compliance, complaints regarding its withdrawal processes have surfaced. Users should exercise caution and conduct their own due diligence before engaging in trading activities on the platform.

      Trading Costs Analysis

      Advantages in Commissions

      Libertex offers a competitive commission structure with rates starting as low as 0.0003% depending on the asset. This makes it an attractive platform for high-frequency traders seeking minimal transaction costs.

      The "Traps" of Non-Trading Fees

      Despite its competitive trading fees, users have reported high costs related to:

      "Withdrawal fees of €1 when using debit/credit cards and approximately €2-10 for bank transfers, depending on the amount withdrawn."

      Inactivity fees also pose an issue, with charges of €10 per month for accounts with balances under €5,000 after 180 days without activity.

      Cost Structure Summary

      While beginner traders benefit from low commission rates, the hidden costs from withdrawal and inactivity fees may create unexpected burdens, especially for less active traders. Its critical to understand the fee structure fully before committing funds.

      Platforms & Tools Analysis

      Platform Diversity

      Libertex provides traders with a proprietary platform, along with established options such as MT4 and MT5, catering to a range of user preferences. The proprietary platform is geared towards simplicity, making it accessible for novices.

      Quality of Tools and Resources

      The in-house platform boasts a variety of features, including:

      • A range of charting tools and technical indicators
      • User-friendly navigation for trade execution

      However, it lacks advanced trading tools typically found in platforms like MT4/MT5, such as automated trading capabilities.

      Platform Experience Summary

      User feedback leans positively regarding platform usability, with many appreciating the ease of access. However, specific negative experiences have been reported regarding customer service interactions, which may complicate the overall trading experience.

      User Experience Analysis

      Overall User Experience

      User experience on Libertex is generally rated well, particularly for its ease of use. However, several complaints highlight challenges with customer support responsiveness, which can hinder trading experiences post-registration.

      Feedback and Reviews

      Reviews indicate mixed experiences, with many users satisfied with the platform's usability but frustrated with withdrawal difficulties and the speed of customer support.

      Customer Support Analysis

      Assessment of Customer Support Quality

      Libertex provides support through multiple channels, including email and phone. However, some users report slow response times and inadequacies in resolving issues effectively.

      Summary of User Experiences

      Despite the broker's multilingual support capabilities, customer service has received varying feedback—often characterized by long wait times for responses, leading to user dissatisfaction.

      Account Conditions Analysis

      Trading Account Options

      Libertex offers a straightforward account management experience with options limited to real trading and demo accounts. All users face the same initial deposit requirements and trading conditions, promoting equality among traders.

      Availability of a Demo Account

      New users can explore the platforms capabilities through a demo account, providing an essential tool for practicing trading strategies without risk.

      Conclusion

      Libertex represents a compelling option for traders interested in a regulated environment with access to a broad array of CFDs. However, shortcomings related to customer service and hidden fees associated with withdrawals and inactivity warrant careful consideration. Retail traders focusing on low-cost trading, particularly in cryptocurrency CFDs, may find value in Libertex, but should approach with due diligence regarding its fee structures and customer support reliability.

      As always, exercising caution and thorough research is imperative before engaging with any trading platform.

      This completes the detailed Libertex review. Potential users are equipped with comprehensive insights to make informed decisions amidst the complexities of online trading.

Libertex review