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. This platform is free to download and is available on the official website of Libertex. MT4 is famous for its good indicators and good functions, and no wonder a good broker like Libertex chose this platform. You can have access to over 250 underlying assets and be able to trade CFDs with tight spreads. Libertex Web Platform has given a good impression to us due to its user-friendly interface.
For several years I have never had any misunderstandings with them. I think misunderstandings occur in newcomers, because limefx of their illiteracy. We can say that Libertex is a good and fair broker due to its trading conditions for its traders.
- Libertex has operated since 1997 and is an international brand with its base in Cyprus offering professional experience and a range of customers from 110 countries worldwide.
- Please read Libertex Reviews below and share live trading experiences with this broker.
- The customer support is excellent, the site is secure, and you will find everything you need to get the most out of the experience.
- They give support in English, German, Italian, Spanish, French, Dutch, Polish, Portuguese languages.
- All information should be revised closely by readers and to be judged privately by each person.
FAQ Get answers to popular questions about the platform and trading conditions. CySEC introduced an unnecessary questionnaire, which serves no other purpose than collecting data. There is no verification of responses necessary, and traders may answer at will, making it a nuisance and granting the regulator a good feeling about the regulatory environment. This is a regulatory requirement and nothing to do with Libertex. Libertex neither offers bonuses nor hosts promotions, which CySEC has prohibited since 2018. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database.
Sign up with FBS and try the Free bonus account by making a deposit of USD 100 in the FBS Trader account. Apart from offering the deal, the Quick Start Bonus program also serves as a teaching program of seven steps. Conduct trading with the entire bonus amount using the Standard Account to receive compensation bonus. The Cent Account displays the initial balance in the form of cents. It is recommended to the users to try out their new trading strategy and perform swing strategy through Cent Account before venturing into the live market with higher sums. Verify the email address and then make instant deposits in the real account.
The trade platform of FBS is currently offering quite a few attractive bonuses and promos to registered users. The user has to open a forex trading account to secure the Level up bonus amount of USD 70. The trading platform of FBS imposes an FBS overnight fee, along with a cancellation fee of USD 5 for each transaction that is made on the basis of the price latency. If a trading account stays inactive for more than 180 days then the platform charges a monthly penalty fee of USD 5 and this is one of the ways in which FBS makes money from the trade. The online brokerage platform of FBS allows access to international markets for trading in CFDs and forex.
Education covers the basics such as what is Multiplier, how to open a trade, setting Stop Loss, etc. and you will get live news and trading advice from Trading Central right on the platform. You’ll also find lots of technical indicators (moving averages, oscillators, etc.) so overall I like this platform but maybe newbie traders will find it a tad too complicated at first. Opening an account at Libertex requires only a valid e-mail.
The minimum deposit amount varies with the type of Account and lies between USD 1 and USD 1000. The international offices of FBS offer access to the MetaTrader 4 Multi Terminal to allow the clients to operate several live trading accounts at the same time. Setting up two-factor authentication on your live trading account is paramount to protecting your funds on the Libertex trading platform. Libertex supports two options for 2FA via text message and Google Authenticator.
There are several payment methods traders can use in funding their Libertex account and four types of payment methods in withdrawing them. Founded in 1997, Libertex is an online discount broker that provides direct access to CFD derivatives trading. This free trading platform covers a wide range of stock CFDs, forex pairs, cryptocurrencies, commodity CFDs, and more. Libertex also provides access to a demo account, MT4, and MT5, and leverage. This Account is recommended for those who have a high capital at their disposal as the minimum deposit fee required for opening an ECN Account is USD 1000. This Account offers the traders the advantage of the fastest execution of market orders.
The demo platform is available for both desktop and mobile traders so you can try on the go. Opening a demo account is the same as opening a live version, and it is easy to switch between the two at any point during your trading. But it is very easy to switch modes from a real account to a demo account and vice versa.
- Let’s see what factors determined if this site is a scam or not.
- Even AtoZ Markets is not responsible for any of the information.
- Generally, the platform is a perfect choice for both, novice or professional traders as it includes all necessary tools and functions along with highly customizable capabilities.
- Very few other online brokers can offer such a wide range of underlying assets to their clients.
It also features a commission-free LimeFX account ideal for long-term investors seeking to build dividend-paying portfolios via share purchases. Technical limefx courses scam analysis is accessible for free to help mobile traders. The app provides immediate access to news stories from the most popular financial news sources.
For a standard lot size of 1, the minimal spread varies between 275 and 25010. Offers opportunity of the trading process smooth in the forex, precious metals, energy commodities, cryptocurrencies, shares, indices, and stocks. ForexClub’s fixed spreads are above average, amounting to 3 pips for the EUR/USD pair. Its variable spreads, the ones on the MT4 start from 0.2 pips and involve a commission of $4. So the minimum trading costs per standard lot are around 1 pips for this pair.
This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The address on their site is just for CySec and not their real address. Actual HQ is in Montenegro and most people lose their money. Dubious at best, fraudulent at worst, the company is best avoided.
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. As you can see in the center of the picture of the Libertex Web Platform, there is the chart and the current market. For better analysis, charts can also be shown on a full screen. You will find several tradable markets offered by Libetex on the search option. The tradable markets are on the left side, and on the right are the current positions or account balances.
You can also download the app directly from the Libertex website. Both Android and iOS applications are updated on a regular basis for security and to improve the user experience. Trading since 1997, Libertex has over two decades experiences in financial and CFD trading during which time they have received 20 awards from various industry institutions and magazines. They are based in Cyprus and licensed and regulated by CySEC . There are some amazing features that this online broker offers to its clients.
The initial deposit varies for the users based on the trading region and account type payment provider of every user. The EU office of FBS mandates a minimum deposit of USD 100 for the Standard Account and USD 10 for the Cent Account. The international offices of FBS allow the users to make a minimum deposit of USD 1000, USD 500, USD 100, USD 5, and USD 1 for the ECN, Zero Spread, Standard, Micro, and Cent Accounts. The trading https://limefx.biz/ platform of FBS offers spreads that vary according to the regional boundary of the user and their trading account type. For the EUR USD pairing, the user is provided with a fixed spread of 3.0 pips for the Micro Account, 0.0 pips for the ECN and Zero FBS Accounts, and 1.1 pips for the Standard and Cent Accounts. If you are a beginner trader with little to no trading experience Libertex is likely a good broker to pick.
- Although other brokers (who have no obligatory stop-loss) told me the only necessity is to introduce a 50% margin close-out rule, Libertex told me they had no other choice.
- The withdrawal can be made both via the web platform and also via the mobile application.
- Whether you are a beginner or pro trader, Libertex can be a good choice for your trading.
- Also, Libertex offers Trading Central analysis right on the platform, which is another plus.
- Verify the email address and then make instant deposits in the real account.
“They kept asking me for documents before sending me money”… Of course they need all the proper info before pay your winnings, that shows you that they care for all things legal and that´s always a good thing. All information on 55brokers.com is only published for general information purposes. We do not present any LimeFX advice or guarantees for the accuracy and reliability of the information. The Libertex logo will now be visible on the back of both… Leverage is the tool which allows you to trade a large amount of money, due to its capability to magnify your initial balance.
Both the deposit and the withdrawal methods are very easy and user friendly. The withdrawal can be made both via the web platform and also via the mobile application. In case if the traders are using the web trading system, they need to click on the “withdraw” tab to initiate the withdrawal request. On the other hand, if they are using the mobile app, they need to first select “Wallet” and then click on the “Withdraw Funds” tab to initiate the withdrawal processing request.
Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. PublicFinanceInternational.org helps traders and investors, from around the world, navigate the complex world of online brokers. We spend thousands of hours a year, both researching and testing brokers, to give you unbiased and extensive reviews.
For making withdrawal requests, the users have to pay a commission fee as well as withdrawal fees. For VISA withdrawal, the commission fee is USD,1 whereas for withdrawing through Neteller, the commission fee is 2%, while the fee varies between USD 1 and USD 30. The Currency Convertor of the FBS broker is an online copy trading app that is used for the calculation of foreign exchange rates.
Conclusion of the review: Libertex is a legit CFD Broker
The maximum leverage available is up to1：1000，which is considered high. Traders, howeve, should be careful, because high leverage level may lead to heavy fund losses,exceeding initial LimeFX. WikiFX Internet and its mobile products are an enterprise information searching tool for global users.
The trader has to set the account type, trading instrument, lot size, major currency pairs to be traded, leverage rate, ask price, and bid price in order to use the calculator for forex trading. The feature-rich platform of FBS is accessible in mobile devices, like smartphones, tablets, and laptops, through the mobile app of FBS. The FBS copy trade app is compatible with every operating system and is available in the app stores of Android, Windows, and Apple. The app is accessible on iOS devices only beyond the EU region.