Libertex Review 2025

Trust

Libertex Regulations

In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.

This is what I discovered about the single entity operating under the Libertex trade name:

• Indication Investments Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 164/12. We rate CySEC as a Tier-1 regulator.

Watch the video ‘Best CySEC-regulated Brokers’, which features Libertex:

Understanding the Regulatory Protections of Your Account

Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with.

Here is what you need to be looking for in a broker in terms of safety mechanisms:

• Segregation of client funds. Keeping client funds in segregated bank accounts from the ones used for the broker’s corporate capital negates the risk of accounting errors. Client funds with Libertex are held separately from the company’s corporate capital in segregated accounts.
• Negative balance protection. This safety mechanism removes the risk of trading losses exceeding the account balance. In other words, the losses you incur from trading are capped at the amount you have put in your trading account. Libertex guarantees negative balance protection.
• Compensation scheme. A compensation scheme protects traders against the broker’s liabilities if the company becomes insolvent. Libertex clients are protected by a compensation scheme.
• Maximum leverage. Capping the maximum leverage restricts the extent of market exposure to retail traders. The higher the leverage, the higher the potential profits and potential losses. The maximum retail leverage with Libertex is 1:30.

Stability and Transparency

In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency.

I reviewed the ‘Legal Docs’ section on the Libertex website and determined that the broker is quite transparent. I learned that Libertex has a ‘best execution policy,’ which is a legal mandate to provide optimal price quotes under the prevailing market conditions.

I also checked the broker’s Client Agreement, which is readily available and highly informative. It presents all important details regarding broker-client responsibilities and rights clearly and comprehensively.

Is Libertex a Reliable Broker for Trading?

I determined that Libertex is quite a reliable broker due to the following factors:

• Is licensed and regulated by CySEC
• Adheres to the strictest requirements of the regulator
• Has transparent legal documents

Fees

Libertex Trading Fees

Libertex Spreads

I tested Libertex’s spreads on 10 December 2024 during the London and New York opens. The results are shown in the table below:

According to my findings, Libertex charges low spreads on CFDs on currency pairs, commodities (except crude oil), shares and indices, and average spread on Bitcoin CFD, compared to the industry average.

Libertex Commissions

Libertex is rather unique in that its commissions are quoted in EUR as opposed to USD. Given that the standard commission per lot (100,000 units) in the industry averages $6 (EUR 5.82), I assessed that the Libertex platform features marginally better conditions than the industry average.

Libertex Swaps

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.

The values listed below are for one full base currency contract (100,000 units).

I discovered that Libertex’s swaps are average to high compared to the industry benchmark. However, rollover and swap fees change over time.

Libertex Non-Trading Fees

Dormant accounts with Libertex are liable for an inactivity fee of 10 EUR per month (or 10 GBP, 10 CHF, or 50 PLN, respectively) to keep the account open. After 180 days of inactivity, an account is considered dormant. An inactivity fee is charged only when the account balance is less than 5000 EUR (4500 GBP, 5300 CHF, and 22,500 PLN, respectively).

The broker does not impose a handling fee for deposits, though most withdrawal methods entail such a processing fee. The fee rate varies depending on the chosen method.

Accounts Comparison

I have compiled the table below to help you better understand the difference between the trading fees with Libertex’s three retail account types and the industry average. It illustrates the spreads and commissions I have recorded for the EUR/USD pair and compares them against the typical costs for ECN and STP accounts in the industry at large.

The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) in EUR/USD with a pip value of $10 (EUR 9.69) for each account.

To calculate the cost of such a full-sized trade, I used this formula: Spread x pip value+commission

According to my live tests, Libertex’s EURUSD fees are markedly lower than those of the typical STP account and marginally better than those of the typical ECN account.

Are Libertex’s Fees Competitive?

Based on my assessment, Libertex offers low to average spreads and competitive commissions on well-known underlying assets, making its trading fees generally attractive. However, I observed average to high swap fees, and the broker charges an inactivity fee of EUR 10 after 180 days of inactivity.

While Libertex does not impose deposit handling fees, most withdrawal methods involve a processing fee. Overall, the competitiveness of Libertex’s fees depends on the preferred account type and traded underlying asset.

Platforms and Tools

Libertex Web Trader

The Libertex platform features a wide array of analytical tools and chart configurations. The high-definition charts help represent price action behavior in great detail. While the platform lacks some essential tools, like alert settings and one-click trading, it features the pretty rare chart overlays tool.

The chart overlays tool allows traders to stack two or more prices on top of each other, presenting how one underlying asset is performing compared to another. This is a great tool for determining cross-market price correlations and resulting trading possibilities.

General Usability

The Libertex web trader has seamless navigation and an intuitive and pleasant design. It is available on Windows and Mac in 10 different languages, including English, French, Spanish, German, and Russian.

In addition to the above-mentioned chart overlays tool, the platform also features:

• Watchlists: Traders can populate watchlists with their favorite underlying assets and track market changes more easily.
• Trading from the Chart: Traders can place conventional trading orders directly from the chart, specifying the entry price, volume level, stop and take-profit levels, and more.
• Robust Market Research: The platform is fully integrated and features regular market updates and technical analyses by Trading Central.
• Live Chat: Libertex’s customer support can be contacted directly from the platform.

Charts

I consider the charts screen a platform’s most important feature. It facilitates technical analysis by providing an overview of price action behavior. Traders use many analytical tools and chart configuration possibilities to examine it from multiple angles. In my experience, the really important aspect of a chart is how you can scale price action up and down.

I was impressed by the fluidity and detail of the charts on the Libertex platform. Furthermore, unlike MetaTrader, the Libertex platform allows you to add multiple indicators and drawing tools without obscuring the price action. This feature makes the Libertex platform an exceptional choice for conducting comprehensive technical analysis.

I have broken down the available analytical tools and chart configurations below:

• 43 Technical Indicators: These include trend-based and volume-based indicators, along with oscillators to analyze price action and assess market sentiment, helping predict market movements.
• 50 Drawing Tools: Tools like Fibonacci retracement levels and Elliott waves help identify price patterns, support/resistance levels, and breakout points. However, MT5’s design can make price action harder to interpret.
• 10 Timeframes: For multi-timeframe analysis, enabling detailed price action analysis.
• 6 Chart Types: Price action can be displayed as line, bars, or candlesticks, offering diverse perspectives on trading opportunities.

Orders

The Libertex platform features a multiplier (leverage) for each underlying asset, allowing traders to manage their market exposure depending on their risk aversion. The maximum leverage is 1:30.

I have broken down the available order types on the Libertex platform below:

• Market Orders: Used for immediate entry at the best available price. They guarantee volume filling, though the entry price may differ from the requested price.
• Limit Orders: Guarantee exact price entries but won’t be filled if the price doesn’t reach the trigger level.
• Stop Orders: They are used to support open positions by limiting the maximum loss that can be incurred if the market turns in the opposite direction. A stop-loss order is placed at a fixed price below or above the spot price. If the market does indeed turn and triggers the stop-loss, it will transform into a market order and get filled at the best possible price.

Libertex Platform: My Key Takeaways

I appreciated the Libertex web platform for its sleek design and highly versatile charts. Its high-definition visuals and advanced tools, like the chart overlays feature, make it an excellent choice for in-depth technical analysis. Additionally, the ability to adjust leverage for each position allows traders to manage their risk more effectively.

Libertex App

The Libertex trading app affords quick and easy access to trading on the go. It is very useful for opening, closing, and adjusting open positions. The app is available for both IOS and Android.

You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.

Libertex App: My Key Takeaways

The Libertex app retains the flexibility of the web trader. I enjoyed using it, even though I am highly skeptical of mobile apps in general. I find it impossible to examine price action behavior in depth on small-resolution devices.

Libertex Execution Model

Libertex operates as a market maker. The broker acts as a counterparty and principal to client orders. It creates liquidity by trading against the client – selling against buyers and buying against sellers – which allows it to achieve fast execution speeds.

Tradable Instruments

Compared to the industry average, Libertex offers an average number of currency pairs and share CFDs, and a high number of CFDs on commodities, indices, and cryptocurrencies.

What Are CFDs?

Contracts for difference (CFDs) are derivatives that speculate on the underlying asset’s price without physical ownership.

For example, a long position on gold would generate potential profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.

One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative.

What CFDs Can You Trade With Libertex?

Currency Pairs	Commodities
EURUSD | GBPJPY | USDJPY |   EURCHF | AUDUSD | USDZAR	Gold | Crude Oil | Brent Oil | Silver | Natural Gas | Copper | Wheat | Corn

Shares	Indices
Apple | Amazon.com | Tesla | Microsoft | Citigroup | Barclays | JP Morgan Chase	Dow Jones 30 | Germany 40 | Australia 200 | Nasdaq 100 | France 40 | Japan 225

ETFs	Bonds
iShares MSCI United Kingdom ETF | VanEck Bitcoin Trust | Vanguard FTSE Europe ETF | SPDR S&P 500 500 ETF Trust	iShares 1-3 Year Treasury Bond ETF | iShares 7-10 Year Treasury Bond ETF | iShares 20+ Years Treasury Bond ETF

Cryptocurrencies

Bitcoin | Ethereum | Litecoin | Ripple | Cardano | Polkadot | Doge Coin | Dash

Libertex Products: My Key Takeaways

Libertex offers a well-rounded selection of CFDs and real stocks, enabling traders and investors to explore diverse possibilities across various markets. I particularly appreciated the mix of ETFs and bonds CFDs and share CFDs and cryptocurrencies CFDs.

Libertex boasts one of the largest selections of cryptocurrency CFDs in the industry. Additionally, the broker provides CFDs on option contracts.

Customer Support

Customer Support Channels

Customer Support Test

When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.

I conducted my test on 10 December at approximately 13:08 CET via live chat. Before being connected to an agent, I interacted with a chatbot to specify the nature of my query. Within 30 seconds, an agent joined the chat, and I proceeded to ask a series of questions of varying complexity.

The agent responded promptly and concisely. For questions where immediate answers were unavailable, he took the initiative to double-check with colleagues, which I found commendable. The agent was polite, attentive, and genuinely eager to assist, making the interaction both efficient and pleasant. Overall, this was one of the best customer support experiences I’ve ever had with a broker.

Deposit and Withdrawal

Libertex Deposit Methods

Libertex Withdrawal Methods

Account Types and Terms

Libertex Account Opening Process

To set up an account with Libertex, follow these simple steps:

1. Click ‘Sign Up’ at the top-right corner of the main page.
2. Enter your email address and choose a password.
3. Confirm your email.
4. Provide the rest of your personal information.
5. Upload proof of ID and proof of address.

Libertex Account Types

My findings indicate that the Libertex trading account offers the most favorable trading conditions, featuring a slightly lower commission than the other two accounts. Plus, I find the Libertex platform more flexible and feature-rich than MT4 and MT5.

Demo Accounts

Libertex offers a demo account that introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a demo environment. You can set up a demo account for yourself prior to or alongside your live CFD account.

Islamic Accounts

Indication Investments Ltd does not provide Islamic accounts.

What is CFD Leverage?

Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades.

Maximum Leverage By Asset Class

In the table below, I have listed the maximum retail leverage available with Indication Investments Ltd for underlying assets from different asset classes:

Libertex Restricted Countries

Libertex does not accept as clients residents of the US, North Korea, Russia, Iran, or any other jurisdiction where trading and investing may be prohibited by law. Libertex doesn’t support traders from non-EEA countries (except Switzerland).

Research

Research Tools

I have broken down the most important research tools with Libertex below:

• Economic Calendar: The economic calendar is the most rudimentary research tool in a trader’s arsenal. It informs him of upcoming market releases and events that can potentially create viable trading opportunities.
• Trading Central: Detailed technical analyses incorporated from the seamless Trading Central provider.
• News Screener: The news screener is also integrated into the platform and regularly updated. Each article presents the reader with a quick breakdown of an economic release (e.g., inflation reports and unemployment rate reports).

Libertex Research: My Key Takeaways

Libertex offers practical market research that informs the reader of how and why the market is behaving a certain way. The broker’s content developed in-house is well-researched and updated regularly. Moreover, Libertex incorporates probing technical analyses from the seamless Trading Central.

Education

I have broken down Libertex’s educational content below:

• Blog: I found the articles in the blog to be very informative, but unfortunately, new content is not published regularly. The articles cover general trading and investing topics, cryptocurrencies, forex, and trading option CFDs. Little attention is paid to classic trading topics, such as how to read price action, apply various indicators, understand fundamental analysis, adopt a trader’s mentality, or implement tight risk management.
• Course: Libertex’s educational course comprises 7 lessons available from the website. These cover rudimentary topics, such as how to place a trade or protective stop-loss order. While not particularly exhaustive, I appreciated that each lesson is supported by illustrations.

The Bottom Line

Founded in 2012 and headquartered in Cyprus, Libertex is a Stock and CFD broker offering retail trading and investing services to clients across EEA and Switzerland. It provides access to over 350 underlying assets spanning various markets, which can be traded as CFDs.

Libertex is regulated by CySEC and adheres to strict industry safety standards. The broker stands out for its competitive fees and user-friendly proprietary trading platform with advanced functionality and robust charting features. Additionally, Libertex offers a mobile trading app for trading on the go.

The broker also supports the MetaTrader 4 and MetaTrader 5 platforms and integrates premium research content from Trading Central. However, its educational resources are limited in scope and lack diversity.

I concluded that Libertex is perfect for casual traders, news traders, and investors.

FAQ