Reviewed by 3 analysts over 6 months
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Libertex Review 2026

3.8/5 Zero Spread Commission Broker

Zero spreads with transparent commissions since 1997. CySEC regulated with 50+ cryptocurrencies, MetaTrader 4 & 5, and $100 minimum deposit.

$100 Min Deposit
0 pips Spreads
250+ Instruments
1997 Founded
CySEC Regulated Zero Spreads 50+ Cryptos MT4 & MT5
Libertex Review - Updated: February 2026
About

Libertex Overview

Commission-based zero spread broker with extensive crypto selection

Libertex is a CySEC-regulated broker that takes a fundamentally different approach to pricing: zero spreads with transparent commissions. Operating since 1997 through parent company Indication Investments Ltd, they've built a reputation for pricing transparency and have attracted over 3 million users globally.

What sets Libertex apart is their fee model. Instead of marking up spreads like traditional brokers, you pay the raw interbank price plus a small commission. This approach appeals to traders who want to know exactly what they're paying without hidden markup. Their platform also stands out for its extensive cryptocurrency selection, offering 50+ coins — far more than most CySEC-regulated competitors.

Founded 1997
Headquarters Limassol, Cyprus
Regulation CySEC
Parent Company Indication Investments Ltd
Min Deposit $100
Max Leverage 1:30 (EU retail)
Instruments 250+
Execution Commission-Based
Deep Dive Zero Spread Reality, Market Position & Crypto Angle

Libertex occupies a unique niche in the brokerage landscape. Their zero spread model isn't just marketing — it's a fundamentally different business model that appeals to specific trader types. Understanding whether this model benefits you requires honest cost analysis, which most traders don't do.

Read full analysis

"Zero spreads" sounds revolutionary, but the math matters. Libertex charges commissions starting from 0.006% for forex trades. On a standard lot of EUR/USD ($100,000 notional), that's $6 per side or $12 round turn. Compare this to a traditional 1-pip spread broker where you'd pay approximately $10 round turn. For forex, Libertex's model is actually slightly more expensive for single-lot trades but can be competitive for larger positions.

With only CySEC regulation, Libertex can't compete with FCA/ASIC-regulated giants for safety-conscious traders. However, they've carved out a loyal following among EU traders who appreciate pricing transparency and crypto enthusiasts who want regulated access to 50+ coins. Their 25+ year track record provides credibility that newer fintech brokers lack.

Libertex's cryptocurrency offering is genuinely impressive for a regulated broker. While most CySEC brokers offer 10-20 crypto CFDs, Libertex provides 50+. If you want regulated exposure to altcoins like Solana, Polkadot, or Avalanche through a European broker, Libertex is one of few options. The 1.5-2.5% commission on crypto is higher than pure crypto exchanges but comes with regulatory protection.

How to Get Started

1

Open Account

Complete the online application with ID verification. Choose between the Libertex platform or MetaTrader for your trading.

2

Fund Account

Deposit $100 minimum via credit/debit card, bank transfer, Skrill, Neteller, or Trustly. All deposits are free.

3

Start Trading

Access 250+ instruments with zero spreads via the Libertex platform, MetaTrader 4, MetaTrader 5, or mobile apps.

Why Choose Libertex

Key Strengths

What makes Libertex stand out from the competition

Zero Spreads

No spread markup whatsoever. Pay only a transparent commission you can calculate before trading.

25+ Years Experience

Parent company Indication Investments operating since 1997. Award-winning platform recognized globally.

50+ Cryptocurrencies

One of the largest regulated crypto selections. Trade Bitcoin, Ethereum, Solana, and 47+ more coins.

$100 Minimum

Low barrier to entry makes professional-grade trading accessible to beginners.

MetaTrader Support

MT4 and MT5 platforms available for traders who prefer industry-standard tools and EAs.

EU Regulated

CySEC license with €20,000 investor compensation and negative balance protection.

Deep Dive The Case for Libertex: Transparency & Crypto Access

Libertex's value proposition centers on pricing transparency and crypto access. In an industry where brokers often hide costs in widened spreads, Libertex's commission model lets you know exactly what you're paying. This transparency appeals to traders tired of guessing whether they're getting fair execution.

Read full analysis

The zero spread model works best for position traders and those with larger position sizes. If you're trading multiple lots, the fixed commission becomes more competitive than traditional spread-based pricing. For example, trading 5 lots on EUR/USD at Libertex costs approximately $60 round turn (0.006% × $500,000 × 2). At a 1-pip spread broker, you'd pay approximately $50. The difference is minimal, but you get price transparency.

For crypto enthusiasts, Libertex offers something genuinely valuable: regulated access to 50+ cryptocurrencies. While pure crypto exchanges offer more, they lack EU regulatory protection. Libertex bridges this gap — you get altcoin exposure with CySEC oversight, €20,000 compensation protection, and the ability to use traditional payment methods without navigating crypto wallets.

In an industry plagued by fly-by-night operations, Libertex's 25+ year history through Indication Investments provides genuine credibility. They've survived multiple market cycles, regulatory changes, and industry upheavals. This longevity isn't marketing — it's evidence of sustainable business practices.

Pricing

Fees & Spreads

Zero spreads with transparent commission-based pricing across all instruments

Fee Type Cost
EUR/USD Spread 0 pips (commission)
GBP/USD Spread 0 pips (commission)
Forex Commission From 0.006%
Index Commission From 0.01%
Stock Commission 0.1% - 0.2%
Crypto Commission 1.5% - 2.5%
Deposit Fees Free
Withdrawal Fees Free (€1 bank)
Inactivity Fee €10/mo after 180 days
Commission Structure

Commission by Asset Class

How Libertex commission-based costs break down by instrument type.

Asset ClassCommissionExample Cost ($10,000)Winner
ForexFrom 0.006%$0.60 per side Competitive
IndicesFrom 0.01%$1.00 per side Average
Stocks0.1% - 0.2%$10-20 per side Average
Cryptocurrencies1.5% - 2.5%$150-250 per side Expensive
CommoditiesFrom 0.01%$1.00 per side Average

Zero spreads means all costs are in the commission. Calculate total cost based on your position size and trading frequency.

Deep Dive Understanding the Commission Model & Total Cost

Libertex's commission model requires different thinking than traditional spread-based brokers. Instead of paying through wider buy/sell prices, you pay a percentage of your position value. This is more transparent but can be more or less expensive depending on what and how you trade.

Read full analysis

At 0.006% commission, a standard lot trade on EUR/USD ($100,000) costs $6 per side, or $12 round turn. Compare this to a typical 1-pip spread broker where you'd pay approximately $10 round turn. Libertex is slightly more expensive for single lots, but the gap narrows for larger positions where spread-based costs scale proportionally while commission minimums stay fixed.

The 1.5-2.5% crypto commission is significant. On a $1,000 Bitcoin position, you'd pay $15-25 per side. This is substantially higher than pure crypto exchanges (typically 0.1-0.5%) but comes with regulatory protection. If you value CySEC oversight and €20,000 investor compensation, this premium may be worth it. If cost is your primary concern, crypto exchanges are cheaper.

Libertex charges €10 monthly after 180 days of inactivity. This is mid-range for the industry (some charge after 3 months, others after 12). If your base currency differs from your trading instrument's currency, conversion fees apply. Factor in approximately 0.5% for currency conversion when calculating total costs. Always calculate expected costs based on your actual trading patterns.

Trust & Security

Safety & Regulation

CySEC regulated with EU investor protections

CySEC

Cyprus
License 164/12
Tier Tier 2
Protection €20,000 ICF

Segregated Funds

Client funds held separately from company operating funds in EU banks

Negative Balance Protection

Cannot lose more than deposited under ESMA retail client rules

€20,000 ICF

Investor Compensation Fund protects up to €20,000 per client

25+ Year Track Record

Parent company Indication Investments operating since 1997

Deep Dive CySEC Regulation, Track Record & Realistic Assessment

Libertex's CySEC regulation places it in a middle tier of broker safety. CySEC is a legitimate EU regulator, but it doesn't carry the same weight as FCA (UK), ASIC (Australia), or FINMA (Switzerland). For EU traders, CySEC provides adequate protection; for those with options, Tier-1 regulated brokers offer more robust oversight.

Read full analysis

CySEC regulation requires Libertex to maintain minimum capital requirements, keep client funds segregated, provide negative balance protection to retail clients, and participate in the Investor Compensation Fund (€20,000 coverage). These are meaningful protections, but enforcement historically hasn't been as rigorous as FCA or ASIC.

Indication Investments Ltd (Libertex's parent) has operated since 1997. This longevity matters — brokers that survive 25+ years have demonstrated operational stability through multiple market crises. While past performance doesn't guarantee future safety, it's a positive indicator of sustainable business practices. However, the company isn't publicly traded, so there's no external financial transparency through quarterly reports.

Libertex is adequately safe for most EU retail traders. The CySEC license provides real protections — segregated funds, negative balance protection, and compensation scheme. However, UK traders should avoid (no FCA license), and those with substantial capital should consider Tier-1 regulated alternatives like IG, Saxo, or Pepperstone for enhanced protection.

Technology

Trading Platforms

Proprietary platform plus MetaTrader 4 and MetaTrader 5

Libertex Platform

4.0

Proprietary web and mobile platform designed for zero spread trading. Clean interface with essential features, economic calendar, and real-time quotes.

  • Zero spread display
  • Economic calendar
  • Risk management tools
  • One-click trading

MetaTrader 4

4.5

Industry-standard platform with full Expert Advisor support, custom indicators, and automated trading capabilities.

  • Expert Advisors (EAs)
  • Custom indicators
  • 30+ built-in indicators
  • Strategy backtesting

Mobile Trading

4.0

Both Libertex and MetaTrader mobile apps available. Libertex app optimized for zero spread model with intuitive touch trading.

  • iOS and Android apps
  • Push notifications
  • Price alerts
  • Full account management
Deep Dive Platform Ecosystem: Proprietary vs MetaTrader

Libertex's platform strategy is straightforward: their proprietary platform for casual traders and crypto enthusiasts, MetaTrader for serious forex traders and those using automated strategies. This dual approach works, though neither platform is best-in-class.

Read full analysis

The proprietary Libertex platform is designed for simplicity. It displays commission costs clearly, has a clean interface, and includes essential features like economic calendar and basic charting. However, it lacks the depth of MetaTrader — limited indicators, no automation, and basic analysis tools. It's adequate for position traders and crypto CFD traders but frustrating for technical analysts.

Libertex's MT4/MT5 implementation is standard — no special customizations or added features. If you're coming from another MT4/MT5 broker, the experience will be identical. The advantage is familiar workflow and full EA support; the disadvantage is that the zero spread model isn't as clearly displayed in MetaTrader's interface. The mobile apps work well for monitoring and simple trading.

Libertex lacks advanced platform options that competitors offer: no cTrader, no TradingView integration, no proprietary advanced platform. Research and analysis tools are basic. Use MetaTrader 5 if you want full trading functionality, EAs, or advanced charting. Use the Libertex platform if you prioritize simplicity and clear cost visibility, or primarily trade crypto CFDs.

Accounts

Account Types

Simplified single account type with consistent commission pricing

Libertex offers a simplified single account type with consistent commission-based pricing for all traders. No tiered accounts or volume-based discounts.

Libertex Pros & Cons

Balanced evaluation based on our research

Pros
  • Pro: Unique zero spread pricing model - pay only commission
  • Pro: 25+ years of operation (parent company founded 1997)
  • Pro: CySEC regulated with EU investor protections up to €20,000
  • Pro: Extensive cryptocurrency selection with 50+ coins
  • Pro: Low minimum deposit of just $100
  • Pro: MetaTrader 4 and MT5 platforms available
  • Pro: Transparent commission structure - no hidden markup
  • Pro: Multiple industry awards for trading platform
Cons
  • Con: Commission-based model may cost more for frequent scalpers
  • Con: Smaller instrument range (250+) than larger competitors
  • Con: Limited research and market analysis tools
  • Con: Only CySEC regulation (no FCA or ASIC license)
  • Con: €10/month inactivity fee after 180 days of no trading
  • Con: No copy trading or social trading features
Common Questions

Libertex FAQ

Is Libertex safe and regulated?

Yes, Libertex is regulated by CySEC (Cyprus Securities and Exchange Commission) with license number 164/12. The parent company Indication Investments Ltd has been operating since 1997, giving them over 25 years of industry experience. EU clients receive investor protection up to €20,000 through the Investor Compensation Fund.

What is the minimum deposit for Libertex?

Libertex requires a minimum deposit of $100 (or equivalent in EUR/GBP). This low entry point makes it accessible for beginners while still providing full access to all trading features, platforms, and instruments including 50+ cryptocurrencies.

How does Libertex zero spread model work?

Libertex operates on a commission-only model with zero spreads. Instead of paying the spread (difference between buy and sell prices), you pay a small commission on each trade. For forex, commissions start from 0.006% per trade. This model provides transparent pricing where you know exactly what you're paying.

Does Libertex offer MetaTrader platforms?

Yes, Libertex offers both MetaTrader 4 and MetaTrader 5 platforms alongside their proprietary Libertex web platform. MT4/MT5 users have full access to Expert Advisors (EAs), custom indicators, and automated trading strategies.

What cryptocurrencies can I trade on Libertex?

Libertex offers 50+ cryptocurrency CFDs including Bitcoin, Ethereum, Solana, Cardano, Polkadot, Avalanche, Chainlink, and many altcoins. This is one of the larger crypto selections among CySEC-regulated brokers, making it attractive for crypto enthusiasts.

Does Libertex charge inactivity fees?

Yes, Libertex charges a €10 monthly inactivity fee if there has been no trading activity for 180 days (6 months). This can be avoided by making at least one trade every six months to keep your account active.

What leverage does Libertex offer?

Libertex offers leverage up to 1:30 for major forex pairs, 1:20 for indices and commodities, 1:5 for stocks and ETFs, and 1:2 for cryptocurrencies. These limits comply with ESMA regulations for EU retail clients to protect against excessive risk.

Can UK traders use Libertex?

No, following Brexit, Libertex no longer accepts UK clients as they only hold a CySEC license, not FCA authorization. UK traders should consider FCA-regulated alternatives like IG, CMC Markets, Pepperstone UK, or Saxo Markets.

How fast are withdrawals from Libertex?

Withdrawal speeds at Libertex vary by method: e-wallets (Skrill, Neteller) process within 24 hours, credit/debit cards take 1-5 business days, and bank transfers take 2-5 business days. Most withdrawal methods are free or have minimal fees (€1 for bank transfers).

Is zero spread trading better than traditional spread pricing?

It depends on your trading style. Zero spreads with commissions can be more cost-effective for larger position sizes and less frequent trading. However, for small positions or high-frequency scalping, traditional spread-based brokers may work out cheaper. Calculate your expected costs based on typical position size and frequency.

Our Rating

Libertex Verdict

3.8 /5
Overall Rating
Fees
4.2
Safety
4
Customer Service
3.8
Education
3.8
Platforms
3.7
Research
3.5

Best For

Transparent commission pricingCrypto enthusiasts (50+ regulated coins)Position traders (larger sizes)EU residents (CySEC protection)Those tired of hidden spread markups

Not Ideal For

UK traders (not available)Frequent scalpersResearch-focused tradersThose requiring Tier-1 regulation

Libertex offers a genuinely different approach with zero spreads and transparent commissions. Their 25+ year track record, CySEC regulation, and exceptional 50+ cryptocurrency selection make them a solid choice for EU traders who value pricing transparency. Not the cheapest for every trading style, but refreshingly honest about what you pay.

Deep Dive Strengths, Limitations & Value Proposition

Libertex offers a genuinely different approach to trading costs with their zero spread model. Whether this benefits you depends entirely on how you trade. For some traders, it's a cost-effective transparent alternative; for others, it's actually more expensive than traditional brokers.

Read full analysis

The transparency of Libertex's pricing is refreshing. You know exactly what you're paying without guessing whether your broker is marking up spreads. The 50+ cryptocurrency selection is exceptional for a CySEC broker — if you want regulated altcoin exposure, few competitors match this. The 25-year track record provides genuine credibility.

CySEC-only regulation means UK traders are excluded and safety-conscious traders might prefer Tier-1 alternatives. The crypto commissions (1.5-2.5%) are substantially higher than pure crypto exchanges. Platforms and research tools are adequate but not industry-leading. The €10 monthly inactivity fee after 180 days can erode capital for inactive accounts.

Our 3.8/5 rating reflects Libertex's strengths (pricing transparency, crypto selection, longevity) balanced against limitations (CySEC-only regulation, basic platforms, crypto commission costs). They're a solid choice for their niche but not a universal recommendation. The score reflects "good for specific needs" rather than "great for everyone."

Ready to trade with Libertex?

$100 minimum deposit. Zero spreads. CySEC regulated.

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JD

James D. from London

matched with AvaTrade

2 minutes ago