An introduction to Libertex

Libertex has over two decades’ worth of experience in the global trading scene. Are they the right broker for you? What do Libertex do really well? Find out all you need to know in our comprehensive broker review.

Broker Feature Libertex
Maximum Leverage: 1:600 (1:30 Retail)
Minimum Deposit: $10
Trading Platforms: Libertex (proprietary), MT4, MT5, WebTrader, Mobile
Trading Options: CFDs, Forex, Stocks, Crypto
Allows Hedging: Yes
Allows Scalping: Yes
Demo Account: Yes, €50,000 in virtual funds
Founded: 1997
Headquarters: Limassol, Cyprus
Regulating Authorities: CySEC, FSCA

Libertex – Pros

  • Award-winning proprietary platform – Libertex
  • Vast experience within the industry (20+ years)
  • Up to 50% commission discount for all clients

Libertex – Cons

  • Thin educational resources
  • No social trading
  • Commissions vary among various jurisdictions

Libertex Rating

  • Presentation
  • Safety and Regulation
  • Financial Instruments
  • Unique Features
  • International Presence
  • Accounts
  • Fees
  • Depostis & Withdrawals
  • Platforms
  • Education
  • Customer Support
  • Bonuses and Promotions
  • Awards
  • Trading Experience

Overall Rating




Libertex, part of the Libertex Group (‘the Group’), is one of the pioneers of the online trading industry, having launched operations in 1997.

One of the group’s major benefits is that it offers the ability to trade over 213 assets in financial markets, namely CFDs on Forex, commodities, indices, stocks, cryptocurrencies and ETFs.

As a market maker broker, Libertex Group serves over 2.2 million clients from 110 countries across the globe, covers 27 countries and employs more than 700 people. Astonishingly, more than 10 of their clients have become USD millionaires while using their trading services.

The Group was initially founded in Russia and today has its headquarters in St. Vincent and the Grenadines. Indication Investments Ltd is a regulated entity under the Libertex brand and has its headquarters in Limassol, Cyprus, as well as offices in Belarus, Russia, Asia and Europe.

Libertex Trusted Broker

Libertex is a trusted CFD and Crypto Broker

Libertex ranks highly in the preferences of traders worldwide thanks to their particular pricing model, which is based only on commissions, and the reliable trading platforms they provide.

The Libertex brand is operated by the CySEC and FSCA regulated entities. Their services rely on the MetaTrader platforms from MetaQuotes Software Corporation as well as their own proprietary trading platform called Libertex.

Over their two decades’ long existence, Libertex has forged a brilliant reputation among global brokers, which is highlighted by over 100 awards won by the group and 30 by Libertex alone. These awards include “Best Trading Platform 2020” and “Best FX Broker Europe 2020”, both chosen by Forex Awards.

Safety and Regulation


A primary concern for every trader is the security of their funds. No one wants to see their hard work compromised by an unreliable broker or find themselves unable to withdraw funds. Hence, one of the major criteria that a broker should meet is obtaining the appropriate licenses and regulations.

The Libertex brand is operated by the regulated entities under the following authorities:

In order to provide a secure trading environment for its customers, Libertex has implemented the following policies:

  • Segregated accounts for clients’ funds – this is an express requirement of CySEC regulation. Essentially it means the company’s accounts are different from the accounts that hold the clients’ trading. Hence, in case the company has financial trouble then the clients’ accounts are not affected. This policy is only valid for clients from the European Union.
  • Investor Compensation Fund (ICF) – as the company is a member of the ICF, Libertex retail clients are entitled to compensation of up to €20,000, if the broker faces bankruptcy or similar financial issues.

Libertex does its best to provide a secure trading ecosystem, which is protected against major cybersecurity threats. All of their websites and trading platforms have Secured Socket Layer (SSL) encryption protocol implemented.

Libertex does its best to provide a secure trading ecosystem, which is protected against major cybersecurity threats. All of their websites and trading platforms have Secured Socket Layer (SSL) encryption protocol implemented.

Libertex Safety

Libertex implements SSL Source: CySEC

Financial Instruments


Libertex’s offer of trading assets is rather reduced. Overall they offer only 213 instruments, but this does include all of the world’s most popular financial instruments.

With Libertex, a trader can trade Forex pairs, cryptocurrencies, stocks, indices, commodities (incl. agricultural products), energies, precious metals and ETFs.

The list of assets offered by Libertex includes the following:

  • Forex – 49 currency pairs (7 major pairs, 21 crosses and 21 exotic pairs)
  • Shares – a selection of 125 CFDs on stocks, among which the most popular shares in the world. One can choose shares from the following industries:
    • Medical Cannabis – 5 CFDs
    • Materials – 4 CFDs
    • Technologies – 28 CFDs
    • Industrials – 5 CFDs
    • Finance – 14 CFDs
    • Consumer Services – 13 CFDs
    • Luxury – 9 CFDs
    • Telecommunications – 5 CFDs
    • Automobile Industry – 9 CFDs
    • Consumer Goods – 7 CFDs
    • Healthcare – 7 CFDs
    • Energy – 14 CFDs
    • Potential Trading Assets – 5 CFDs
  • Indices – a selection of the most prominent 19 CFDs on global indices from S&P500 to the Israeli TA35 trading on different exchanges across the globe.
  • Metals – 5 CFDs – gold, silver, platinum, palladium and copper.
  • Agriculture – 6 CFDs – coffee, sugar, cocoa, corn, wheat and soybean.
  • Oil and Gas – 5 CFDs – WTI crude oil, Brent crude oil, natural gas, light sweet crude oil and heating oil.
  • Cryptocurrencies – A selection of 40 CFDs on crypto coin pairs (crosses and cryptos against flat currencies) including Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple.
  • Exchange Traded Funds (ETFs) – A selection of 10 ETFs, including Vanguard FTSE Europe ETF, iShares Core U.S. Aggregate Bond ETF, SPDR S&P 500 ETF Trust and iShares China Large-Cap ETF.
Libertex Earnings Season

Libertex Earnings Season

It’s worth mentioning that each Libertex instrument is presented in a lot of detail. For example, the Forex pairs are introduced with explanations about each currency, price charts on 9 timeframes and the latest news that might impact the pair’s quotation.

As an example, below is the write-up for AUD/USD:

Libertex AUD/USD Forex Pair

Libertex AUD/USD Forex Pair page example

Almost all stocks on the Libertex website are also accompanied by such descriptions. They provide a short brief on the company, information regarding the rating, the share’s evolution and the revenue of the company is also displayed.

For example, this is their Airbus share write-up:

Libertex Airbus SE share page

Libertex Airbus SE share page

Unique Features


In comparison with other prominent Forex brokers – many of which aim to offer as many unique features as possible – Libertex simply doesn’t offer much variety.

Although it does have some particularities, there are not many unique features available solely for Libertex customers.

The list characteristics that are unique to Libertex are:

  • Awarded proprietary trading platform
  • Commission based pricing model
  • Extended leverage for professional clients
  • Discounted commissions for new clients
  • List of top 10 performing instruments of the day

Awarded Proprietary Trading Platform

The Libertex app has a user-friendly and simple trading interface, with both a web trader version and mobile version that offers all the essentials needed for successful trading activity. The app has a custom portal that comprises the most commonly-used trading indicators, order types and charting features.

The Libertex proprietary platform is (while not exactly pleasing to the eye) very intuitive and straightforward, and is also available in 10 languages. It also has custom categories that traders might find interesting, like Top Rising, Top Falling and Top Volatility assets, a favourite instruments panel, a news and analytics tab and a section to place orders.

The Libertex App Instruments

The Libertex App showing popular instruments

Commission Based Pricing Model

When you’re trading with their proprietary platform, Libertex implements a commission-based pricing model, with no spreads for all instruments and all account types. This means the ask and the bid are the same and have no markup added. This model might be preferred by some traders as it is very easy to work with.

Extended Leverage For Professional Clients

Professional clients with Libertex have the option to use a 1:600 leverage, which is among the highest available in the industry.

Discounted Commissions For New Clients

The commission-only pricing model Libertex employs means they also have small, competitive commissions for each trade instead of a spread.

All new customers get up to 50% discount on the commissions they pay during their first phase, which can add up to significant amounts when trading frequently.

List of Top 10 Performing Instruments of the Day

In the Hot Assets, section traders are able to find the most traded and popular instruments at any given moment of the day.

International Presence


Libertex covers 27 countries, has clients in 110 jurisdictions, and operates in a vast number of countries under the guise of different entities.

For European clients, the service provider is Indication Investments Ltd, which can be accessed via their site.

For international clients outside of the E.U., the company that provides Libertex services is Libertex International Company Limited, which can also be accessed via their website.

All clients are accepted except those that belong to the following countries: USA, Quebec of Canada, Vanuatu, Japan, Afghanistan, Tunisia, Iran, Azerbaijan, Bosnia and Herzegovina, Brazil, Venezuela, Trinidad and Tobago, Burundi, Cuba, Guyana, Iraq, Lao PDR, Sri Lanka, Yemen, Uganda, Syria, Ethiopia, North Korea, Sudan, Zimbabwe, Democratic Republic of the Congo, Libya, Mali, Nicaragua, Somalia.



Unfortunately, Libertex does not present their account types in a clear and evident manner and to find any account information, clients will have to hunt for it.

Libertex does offer two types of accounts; one for retail clients and one for professional clients. The major difference between the accounts is the leverage. Retail accounts have a maximum leverage of 1:30 for European clients and 1:500 for non-EU clients, while professional accounts have a maximum leverage of 1:600. Professional clients are not covered by the Investor Compensation Fund (ICF).

To qualify for a Professional account, a trader must meet at least three of the following criteria:

  • Relevant experience in the financial industry and at least 1 year in a position pertinent for the trading activity
  • Significant trading activity in the past year with a minimum 40 trades of considerable size (trading provider irrelevant)
  • An investment portfolio of over €500,000, including financial instruments and cash savings.
Libertex Professional Account comparison table

Libertex Professional Account comparison table

Account Opening

To open a live account with Libertex, potential clients need to follow an easy procedure:

  • Simply click on the “Log in” button highlighted in orange on the top right corner of any page. You will be redirected to the Libertex proprietary web trading platform
  • Click again on the “Log in button” placed on the top right corner of the web trading interface
  • Click on the “Sign up” button on the menu that opens and complete the required information
  • Insert your payment details and fund your account
  • Start trading

If you register with Indication Investments Ltd, according to the anti-money laundering regulations you will need to upload documents to prove your identity and residency. It will then take a couple of days to process your application.

To open a real trading account you will need to deposit a minimum of €100. This is also the level to qualify for bonuses.

You should be aware that you will not be able to open an order that contains larger than 10% of your balance.

Demo Account

As with most Forex brokers, Libertex offers their clients a demo account that comes pre-loaded with €50,000 Euros worth of virtual funds.

Libertex Demo Account

Libertex €50,000 Demo Account

The process of opening a demo account is similar to that of opening a real account.

A demo account is a fantastic tool to test the services of a broker, as it exactly mirrors a real account. That means you can check on the tools provided, trading platform, assets that can be traded, orders execution, fees, etc.

It is highly recommended to use a demo account, particularly if you are a beginner and just starting to trade. It will help you get familiarised with the financial markets, build a solid base of knowledge and acquire the necessary skills to become a profitable trader. Use the demo account to learn how to trade for free, without risking your hard-earned money.

A demo account is a useful tool for advanced traders too, as everyone at some stage will need to improve trading strategies or to test new ones.

It is also wise to test new tools and instruments on a demo account before using them on a real account. This precaution may save you a lot of money if you use it correctly.



In terms of spreads and commissions, Libertex doesn’t follow the industry standard bid/ask spreads for their proprietary platform, and implements a commission-only pricing model with zero spreads for all financial instruments offered. This means all commissions are variable.

When using the MetaTrader platform the usual pricing model based on spread applies, with variable spreads and commissions depending on your country of residence. Note: Libertex is not exactly transparent about the commissions and fees they charge for MetaTrader platform users.

On their site, Libertex has published the information concerning the trading costs involved when using the Libertex platforms. This includes details regarding:

  • Commissions
  • Minimum Trading Volume
  • Multiplier
  • Swaps
  • Minimum distance for placing an order
  • Minimum limit of loss/profit.

Each instrument offered by Libertex has detailed specifications for Libertex platform users.

The costs of trading depend on the traded instrument or asset and vary also during a trade. European clients trading on have different commissions from clients outside EU trading under

By way of example, the Libertex commission for EUR/USD is 0.011%, so for an order of $1,000 without leverage, the commission they take will be $11. More details can be found here.

Check below some examples of contract specifications for various assets:

Forex Trading

Commissions for Forex pairs are variable. They start at 0.001%, the leverage varies from 1:10 to 1:600, minimum trading volume is 20 EUR and minimum limit for loss/profit is 1%.

Libertex CFD Specification

Libertex CFD Specification

Stocks Trading

Commissions for stocks on are variable and can fluctuate between 0.0% and 0.78%. At the time of writing this Libertex broker review, leverage is 1:20, minimum trading volume is 20 EUR, minimum limit for loss/profit is 1% and the minimum distance for placing orders varies from 0 to 1.5.

Libertex Stocks

Libertex Stocks

Libertex charges swaps (overnight fees or rollovers) for all trades that are kept open overnight. For orders that remain open over the weekend, a triple swap will be charged.

Libertex also charges an inactivity fee for clients with total account balances smaller than $5,000 that are inactive for more than 90 days. The inactivity fee is €10 (Euros) per month.

Taking into consideration a typical pricing model, it may be hard to compare the fees charged by Libertex with other brokers. That’s why it is always wise to use a demo account to check prices and see exactly if Libertex is right for you.

Deposits and Withdrawals


Libertex offers a diverse selection of payment methods to be used for deposit and withdrawals. These operations can be done only from and to accounts that belong to the trading account holder – which means they will all need to have the same name.

To deposit/withdraw funds from your Libertex trading account you do so either via the web trading app or via its mobile version.

Here are the payment options for deposits:

  • Credit/debit card – Visa and Mastercard are accepted
  • Skrill eWallet
  • Sofort
  • SEPA/International bank wire
  • Neteller
  • Giropay
  • Trustly
  • iDeal
  • Przelewy24
  • Multibanco
  • Teleingreso
  • Rapid Transfer
  • Neosurf

All deposits are instant and free except the bankwire, which may take up to 5 days to process.

Libertex Payment Methods

Libertex Payment Methods

Libertex Payment Methods

Withdrawing funds from a Libertex trading account attracts fees. Before withdrawing funds, you will also need to undergo a verification procedure called “Know Your Customer” (KYC).

Payment options for withdrawals:

  • Credit/debit card – withdrawal process takes up to 5 days and attracts €1 commission
  • Skrill eWallet – withdrawal process takes up to 24 hours but is free
  • SEPA/International bank wire – withdrawal process takes up to 5 days and has a 0.5% commission of minimum € 2 and maximum € 10
  • Neteller – withdrawal process takes up to 24 hours and attracts 1% commission
Libertex Withdrawal Options

Libertex Withdrawal Options

Minimum Deposit

The minimum deposit required to trade with Libertex is 100 euros. This is an acceptable level that allows virtually anyone to trade, no matter their incoming revenue.

However, if your goal is to make consistent profits from trading, this minimum deposit will not be enough for most people to make a profit.



Depending on your country of residence you may be able to access a different set of platforms on Libertex.

As of 2020, Libertex offers their clients the following trading platforms:

  • Libertex – their proprietary built in-house platform
  • MetaTrader 4 – the classic MT4, the world’s most popular trading software
  • MetaTrader 5 – available solely for non E.U. clients


This is the trading platform created by Libertex. It is a web-based platform built in HTML 5 and has options for PC, MAC and mobile devices.

Thus, there is no need to download anything to start trading with the Libertex platform. You can access it easily from the main website even before opening an account.

Even if this platform doesn’t exactly have an outstanding design, its interface is intuitive and user-friendly. It is light, but includes all the essentials for high performing trading activity and can be used in 10 languages.

Libertex Trading Platform

Libertex Trading Platform

The main features of the Libertex platform are:

  • 9 types of timeframes for charts, from 1 minute to 1 month
  • 43 technical indicators, including 22 trend indicators, 13 oscillators and 8 volatility indicators
  • The classic 3 types of charts and 73 drawing tools
  • Live quotes, market sentiment indicator for each instrument and the ability to create a favorite list of assets
  • Order management with trades history, account balance, TP, SL and pending orders
  • Live trades section with news and signals
  • An overview of the top performers on the markets at each moment via the “Top Rising”, “Top Falling” and “Top Volatility” sections.

Given Libertex’s trading platform is fairly basic, you will not have the ability to use advanced technical indicators and you cannot open multiple charts simultaneously.


The most popular trading platform in the world, MetaTrader 4, is available for all Libertex clients with its versions for Windows, web and mobile. It is available for download on the Libertex site.

Libertex offers the standard version of MT4 without any supplementary add-ons.

MetaTrader 4 Trading Libertex

MetaTrader 4 Trading on Libertex

MetaTrader 5

This version of the MetaTrader platform is available for Windows, web and mobile devices. To download the platform, access the section called “Platforms” on the Libertex site and choose the “MetaTrader 5” option on This option is available for all clients except those in the European Union.

Libertex offers the standard version of MetaTrader 5 without supplementary add-ons.

Mobile Trading Platforms

In terms of mobile trading platforms, Libertex offers its own platform (“Libertex”), MetaTrader 4 and MetaTrader 5, both for Android and iOS. Each can be installed via the Libertex site or from the App Store and Google Play.

Libertex Mobile Trading App

Libertex Mobile Trading Platform

The mobile version of Libertex retains all the features of the web version and same for the MetaTrader platforms.
The main characteristics of Libertex’s mobile app are:

  • Clean, simple and intuitive
  • Essential features for technical analytics, including charts, drawing objects, indicators
  • Order management facilities: placement, live quotes, preorders, stop loss and take profit
  • Trading signals and market sentiment
  • News sourced from and Trading Central are available directly on the app
  • Account management options: deposit, withdraw funds, switch among accounts

Configure Trading Accounts

No matter which trading platform you choose (either Libertex or MetaTrader), configuring your account for trading with Libertex is an easy task.

For MetaTrader, you follow the same procedure as for any other broker and will only need the credentials you were sent by the broker. You will need to download and install the platform following the steps as indicated. Your platform should be up and running within minutes.

After that, you will need to personalise and set the parameters that are important for your trading activity. If you are just starting, then you will likely need to get familiarised with the platform first.

If your chosen platform is Libertex, your task is even simpler as this platform does not allow much customisation and is very appropriate for beginners.

When you decide to open an account with Libertex, you will be instantly redirected to the Libertex platform.



Education is not an area where Libertex excels.

There is an Education section on the site that presents a short course for beginners which consists of a series of videos detailing how the Libertex platform works. From time to time their team also organises online webinars.

The “Blog” section of Libertex is not updated and consists of less than a dozen articles. It is not very useful in terms of education.

With such a thin offering in this area, Libertex cannot really compete with the other top brokers that have developed comprehensive training libraries with video content, articles, courses and ebooks.

In terms of research and analytics tools, Libertex doesn’t shine either. They do have a News section to help traders in terms of analytics, but no other tools.

The “News” section is updated daily with between one and four articles that cover current events, market overviews and analysis performed by professionals and top things to know concerning the markets, among other articles.

The News section includes several categories like:

  • Financial – with subsections central banks, cryptocurrency news, economy news
  • General – with subsections politics news, technology news, world news, most popular news
  • Forex – with subsections commodities, economic indicators, stock market
  • Company news

It is worth noting that the News section is updated on, but not on

Libertex News

Libertex News section

Customer Support


Customer service is extremely important for a broker, because in the trading world a technical issue or some other administrative problem can translate into lost opportunities and financial losses.

Depending on your country of residence, the options of contacting the Libertex customer support department are different.

For European clients, the support is available by chat online (but works very slowly) daily from 8.00 to 18.00 Central European Time. You can also use email, phone, Facebook messenger and Whatsapp.

International clients (except European customers) may access the customer support department via email and web form.

Libertex may also be reached via their social media channels.

A Frequently Asked Questions section was created to answer the most common questions that clients have and where they can quickly find the needed information.

Bonuses and Promotions


In accordance with European regulations, the CySEC regulated entity of the Libertex brand ( does not offer bonuses or promotions.

International (non-EEA) clients of the Libertex brand may, however, benefit from a “Welcome Bonus 100%”, which gives you the amount of your deposit as a bonus.

To qualify for the bonus you need to deposit at least $100. The maximum amount that you can receive as a bonus is $10,000.

The bonus is paid by giving you 10% of all the trading commissions you pay. You then have 90 days to convert your bonus, which will be paid directly into your trading account in 2% payment slices.

All clients of Libertex also can benefit from up to 50% commission reduction.

Libertex is one of the top brokers to run event-specific promotional specials and offers for their customers.

Libertex "Black Friday" Special

Libertex “Black Friday” Special, November 2020



Libertex is a multi-award-winning broker. During their long existence, they have received over 30 industry awards, including:


  • “Best Trading Platform, 2020” awarded by Forex Report
  • “Best FX Broker, Europe, 2020” awarded by Forex Report
  • “Best Trading Platform” awarded by European CEO Awards 2020
  • “Best trading application in the European Union” awarded by Global Banking and Finance Review in 2017 and 2018
  • “Best Trading Platform” awarded by FinEXPO
  • “Best Crypto Currencies Broker” awarded by Forex Awards in 2018
  • “Best Crypto Currencies Broker” awarded by Forex Awards in 2017
Libertex Awards

Trading Experience


Libertex is a solid broker, with vast experience in the industry. It could be a viable option for traders that prefer a pricing model based on commissions, or for intermediate traders that want a simple, intuitive platform and do not require an extended selection of trading assets. It would also be good for traders that prefer simple strategies and don’t need complex analytics tools, EAs or VPS.

Libertex’s offer could suit complete beginners if they choose to learn and use trading educational services from other providers. This broker is definitely not an option for advanced and sophisticated investors or traders that need a large selection of assets and use complex trading strategies.

Libertex Pros

  • Global presence
  • Vast experience within the industry (23 years)
  • Entities regulated by authorities as CySEC and FSCA
  • Award-winning proprietary platform – Libertex
  • Zero spread and commission-based pricing model for trading
  • The industry-leading family of platforms MetaTrader
  • A good selection of payment methods
  • up to 50% commission discount for all clients

Libertex Cons

  • A small selection of instruments
  • Commissions vary among various jurisdictions
  • Thin educational resources
  • Reduced collection of analytics tools
  • Only two types of accounts
  • No social trading
  • No ECN/STP model for orders execution
  • No VPS
  • Does not provide services in US

Is Libertex a Good Option for Me?

Choosing the best Forex broker for you is a matter of personal preference, based on your trading goals, trading style, strategies and experience.

Libertex is a good option for you if you already have a solid trading background, are looking for commission only based trading costs and want a simple, solid trading platform that is not MetaTrader.


Libertex is a veteran broker with over twenty years experience in the industry serving millions of clients worldwide. These are achievements that deserve recognition, and clients from over 110 countries know why – Libertex is an award winning, regulated broker with some fantastic feature.

This review of Libertex recognises that it is a reputable broker providing quality services at decent costs for traders across the globe.


Libertex has two decades worth of experience in the global trading scene. Are they the right for you? Find out in our comprehensive broker review.

Product Brand: Libertex

Product Currency: USD

Product Price: 100

Product In-Stock: InStock