Libertex Review 2023: IsBroker Legit in the UK, Is It Safe

Is Libertex legit or scam
Is Libertex legit or scam

Trading CFDs on leverage involves significant risk of loss to your capital. Users caught spamming or abusing will be deleted from the site and prohibited from future registration at and affiliates. We recommend staying within the range of good taste and respectful language to avoid any unpleasantness. A good platform, especially cryptocurrency transactions are profitable. Overall this is an okay broker, but it could get a bit complicated for newbies and the platform is more complex than usual.

Is Libertex legit or scam

In addition, the company is a member of the Forex Club Group. Yes, there are some minor issues such as the lack of sufficient information on the website but it doesn’t really hurt Libertex’s reputation. According to the website, the Libertex requires from 3 business days to 5 business days to conclude the wire transfer. Withdrawal via Credit/Debit cards requires just one business day and same applies to Neteller and Skrill, a couple of eWallets facilitated by the platform. 1 currency unit is the fee the withdrawal via Credit/Debit card. For wire transfer, the fee is 0.5% of the withdrawal amount (max. 10 Currency Units).

Many top online brokers like Libertex have started allowing their customers to trade on the value of trading cryptocurrencies CFDs. This is because cryptos often feature much greater volatility. As a result, traders may be able to make quick short-term gains or losses when compared to less volatile commodities like gold. By reading this Libertex review, you’ll see that this broker gives you the option to trade CFDs on a wide range of stocks, indices and commodities such as metals, agriculture, oil, and gas. The broker also allows you trade CFDs on ETFs.The brand features more than 250 tradable assets. The most popular assets on the Libertex trading platform include CFDs on a DAX, Dow Jones, WTI Crude Oil, Brent Crude Oil, CAC 40, and Light Sweet Crude Oil.

Top 3 Forex Brokers

Technical analysis is accessible for free to help mobile traders. The app provides immediate access to news stories from the most popular financial news sources. The option to convert from demo mode to a genuine account with a single tap onscreen is a unique feature of the Libertex app. Since it’s easy to fund the app, mobile users will always have an advantage when it comes to on-the-go trading. Libertex offers as well one of the most popular professional trading platforms.This platform is MetaTrader 4 . It offers CFD on more than 43 currency pairs and 100 effective trading tools.

Is Libertex legit or scam

Demo accounts are also available, which is always a good thing. Please note that the information on this website should not be regarded as LimeFx advice. Crypto-currency trading involves a high level of risk and is not suitable for all investors. You should carefully evaluate your LimeFx objectives, level of experience and risk appetite before deciding to trade cryptocurrencies. There are no risks involved in using a demo account and it can be used without any restrictions.

How secure is Libertex Exchange?

This Libertex review gives you all the key facts you need to decide if it’s the right platform for you. It has to be said that the orange, black and white colour scheme of the Libertex site doesn’t really set it apart from its competitors. But what it lacks in originality, the Libertex website more than makes up for in terms of speedy page loading times and ease of navigation.

It is best to practice and enhance your trading skills first especially if you are new in the trading industry. A demo account will help you a lot with your market analysis skills, strategies, and trading decisions. The demo account is available on all platforms offered by Libertex. Beginners can find some educational materials in the form of courses, however, overall the educational section is poor and covers only basic trading information. We highly recommend traders use third-party education providers to enhance their trading skills. Also, the broker offers a demo account to practice skills and knowledge.

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The seller asks to be paid via international money orders, checks, direct bank wires or cryptocurrency and will not accept any other form of secure payment. We are happy to have failed to find limefx reviews Libertex scam alerts. The big reason is that the company is regulated by the World’s most trusted regulatory authority and that there have been no public warnings against the company.

On the negative side, education is insufficient hence may be suitable for professional traders only, the market range is limited to CFDs and FX, and support is not available on weekends. On top of that, the broker doesn’t provide Islamic accounts hence the broker is not suitable for those who want to trade in accordance with Sharia Laws. These days you’ll really struggle to find a broker that doesn’t offer multiple platforms across a range of popular device types. Different platforms will suit different traders after all. There are several platforms offered by Libertex and we detail them fully in our Libertex review UK.

Fees and costs for Libertex traders

SEPA and Bank transfers see funds deposited in 3 – 5 days. They can be classified as bank transfers, credit/debit cards, and eWallets. Most major eWallets like PayPal, Neteller, and GiroPay are supported. There’s a minimum limit of €10 for all methods except bank transfer.

  • Dividends are paid out quarterly and monthly, and there are no swaps.
  • This is because a brokers’ licensing tells you a lot about the standards that it will have to live up to when it allows customers to use its trading platform.
  • The platform is not owned by anyone and carries no risk of censorship.
  • Both virtually identical but libertex tries to hide the Russian connection.
  • Adding to that, the Libertex extensive video course actually teaches you how to use them properly.

Then it’s just a case of clicking on one of the tabs that allows you to trade CFDs on crypto. All of which makes for a very straightforward way to experience CFDs crypto trading. Opening an account at Libertex requires only a valid e-mail. This grants access to the back office, where traders must confirm their e-mail, phone number, and trading account.

Customer Service – Reaching real agent assistance in our Libertex review UK

Note that different payment methods, such as bank transfers and eWallets, may also have their charges. Traders have a high flexibility for financing their accounts on the platform. While most payments are processed instantly, bank transfers might take up to five days to reflect on the trading accounts. The available payment methods can be divided into Debit/credit cards, Bank transfers, and eWallets like Neteller, PayPal, GiroPay, and Trustly. We found out during this review that Libertex is a highly reputable crypto exchange and broker. The company has proven itself reliable, trustworthy, transparent, and safe in the over two decades it has been in operation.

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All payment methods used for depositing funds are absolutely free with Libertex. There are payment methods that instantly process your funds. However, it depends on what type of payment method is used. Usually, the maximum processing time takes only 3 days with Libertex.

Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial limefx resources. Opinions, market data, and recommendations are subject to change at any time. We recommend this broker due to is excellent in giving various choices to its traders, reasonable trading fees, great support to its clients.

As one of the international leaders of the industry, the Libertex Group company has won over 30 prestigious awards worldwide. Each year, its leading position strengthens both in markets where it has established its presence and in new markets, where the company is emerging with innovative products and services. Thank you so much for taking the time to share your experience at TrustPilot.

SEPA/Bank payments incur a 0.5% fee to a maximum of €10, while debit and credit card withdrawals will cost a flat fee of €1. Jeton and NETELLER withdrawals will incur a 1% fee for each transaction. There are fewer withdrawal options available but still more than many competitors. Skrill, NETELLER, Jeton, PayPal, Cards, and SEPA/Bank transfers can all be used to make withdrawals. Many methods provide instant to 24-hour withdrawals, but bank cards can take up to 5 days and SEPA/Bank transfers will take around 3 – 5 days.

We would recommend for you to complete the verification of your account before proceeding with trading real money for security. If you deposit funds without verifying the account and later have problems with verification, there might be difficulty in the withdrawal of funds. Libertex demo account is free and has €50,000 virtual funds with it.We highly recommend for you get a demo account first before trading live to avoid unintended trading executions. Also, this is due to the fact that trading requires skills.

This is because the brand puts forward all of the relevant values for trading CFDs on forex, shares, and crypto. We really appreciate you being a customer and helping to share the word about us. It’s a plus that it doesn’t charge any fees for deposits and only has little withdrawal fees that are easy to handle. One of the best charting systems for traders is being used by Libertex.

Libertex has implemented client fund segregation, meaning that if the company runs into financial difficulties, traders may be confident that their assets will be handled separately. Demo accounts are available on the web and through mobile apps. On the Libertex website/app, switching between demo and real mode is simple, which allows users to take advantage of quickly shifting market situations. (Applies to clients with a total account balance less than 5000 euros .

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