Broker Forex Club Libertex has been providing services since 1997, the size of its client audience has already exceeded 2.2 million traders from over 110 countries. It is a Europe-based CFD Broker that was established in Cyprus and now operates in many other countries. The company has a great selection of the following trading assets – shares, indices, metals, cryptocurrencies, commodity market instruments, and currency pairs.
During its work, the broker has received over 30 awards. So, in 2017 and 2018, Forex Awards recognized the trading platform as the best. During these years, Libertex proved it is one of the best cryptocurrency broker.
The broker offers traders to work on the Libertex trading platform, a terminal of its own production. It is used by other brokers as well. Thanks to the software provided by the company, investors can conclude liberty trading without any breaks and from anywhere in the world.
There is no spread at all on this platform, and the minimum trade is only $ 10. The multiplier allows you to increase the investment size up to 500 times. The broker offers a whole list of ready to use products, as well as bonuses and affiliate program to increase the chances for earnings. Keep reading this Libertex review to learn trading opportunities and conditions in detail.
Libertex is fully regulated and acts under the license issued by the Cyprus Securities and Exchange Commission (CySEC). It allows keeping clients' funds secure and segregated. This license provides a deposit guarantee of up to $ 20,000. Libertex can offer its products throughout Europe. Moreover, this broker's platform is secure and encrypted, so you don't need to worry about the safety of your information provided to this company.
The broker has enough experience on the financial market and managed to create a really favorable environment for traders:
Minimum deposit - no limits
Leverage - up to 1: 500
200+ trading instruments
Instant execution of orders using Non Dealing Desk technology with direct access to bank liquidity
Financial market reviews from leading analysts
Locking positions (MT4, MT5)
Auto Trading (MT4, MT5)
Available order modes - Instant Execution, Market Execution, upon request
Payment system commission compensation
Promotions and bonuses: Interest on deposit, welcome-bonus 100%, others
Service packages: Silver, Gold, Platinum, Diamond, Exclusive
Training seminars on current market events
To improve your trading results, you can use the additional services offered by Forex Club:
Libertex Show trading signals. You get access to video reviews, daily signals from analysts, additional trading signals within the day. Daily signals are sold in two 2 packages: $ 100 (20 signals for currencies and precious metals) and $ 500 (60 signals);
Trading Central. Analytics system for assessing trends in the global market;
Market indicator. Helps to get answers to the most important questions for a trader - the state of the Forex currency market, behavior forecasts, trends, the most popular orders, etc.;
Investment ideas. Libertex Forex Club offers a choice of ready-made ideas. The pilot version is launched after verification by the analytical department;
Model portfolios based on principles developed by Harry Markowitz, Nobel laureate in economics. Portfolios are formed at the beginning of the year, investing is allowed at any time. Libertex Forex Club clients receive accompanying signals to help optimize the portfolio, full analytical support, monthly reports on the performance of the selected portfolio;
Trading systems. You can buy the most efficient trading algorithms.
Closed Telegram channel with signals for cryptocurrency traders.
Libertex has only two types of accounts - standard and demo. The training account has no limitations in functionality and is designed to test the platform's capabilities. When registering a demo account, the user is provided with virtual funds - $ 50,000.
A standard account has a minimum limit. To start trading, you have to deposit at least $ 10. At the same time, a trading position in Libertex cannot exceed 10% of the balance. In other words, to place a position for $ 10, you need to fund your account with $ 100.
Within a Libertex account, a trader gets access to different levels of status depending on the amount deposited. See these layers below.
|Deposit amount||Up to $500||$500-5,000||$5000-50,000||$50,000-500,000||$ 500,000 and more|
|Analytical support||Every day news feed||Access to Trading Central||Access to Trading central and special indicators||Access to Trading central and special indicators||Access to Trading central and special indicators|
|Discounts||Lower commissions||Lower commissions||Lower commissions||Lower commissions||Individual trading conditions|
|Support||Around-the-clock consultations||Around-the-clock consultations||Around-the-clock consultations||Personal assistant and analytic||Personal assistant and analytic|
|Education||Webinars and basic course||Webinars and basic course||Full-fledged courses||Academy VIP support||Academy VIP support|
Libertex provides three main terminals:
Libertex – a proprietary platform of the company. There are browser and desktop versions for Windows and MacOS. Libertex online trading APK is a multifunctional terminal with an informative chart and additional functionality that allows you to analyze the history of transactions. Traders can quickly access the assets they want and open positions with one click. There is no need to use other platforms for technical analysis, since the Libertex broker provides a full set of necessary tools. Traders get access to a large list of indicators, including oscillators, trending instruments that allow expanding the arsenal of strategies for a speculative investor. You can have access to over 200 trading instruments and be able to trade with zero spreads. The platform has a user-friendly interface and it is very convenient to use.
MetaTrader 4. Libertex also offers one of the most popular professional trading platforms - MetaTrader 4 or MT4. It offers over 43 currency pairs and 100 effective trading instruments. This platform is free to download and available on the official Libertex website. It offers a No Dealing Desk (NDD) option. MT4 is renowned for its good performance and good features, and it comes as no surprise that a good broker like Libertex chose this platform.
MetaTrader 5. In 2017, the broker opened access to the popular MT5 platform. It allows traders to use additional instruments for market analysis. The traders can use sell stop limit and buy stop limit orders. Besides, trading here becomes easier as the traders can use expert advisors for their everyday activities. Copy trading is supported on Libertex MT5 terminal.
The development of mobile applications allows you to trade non-stop from anywhere in the world if you have stable Internet connection. Libertex also provides the possibility of the mobile trading via its Libertex App. This platform is developed by the broker and has the same features that the web option offers. The only difference is that mobile app needs to be downloaded. The application is available in the AppStore for iOS and GooglePlay for Android. It is a hassle-free option for traders to be participate in the trading at any convenient time. Libetex app review proves this mobile solution has powerful functionality:
A highly informative price chart. You can change its appearance, use graphical tools for analysis in trading.
Full access to all the markers and the possibility to choose the instruments you need.
News section is also available for the mobile platform. Traders can find out about current events affecting the market in the.
Traders can set stop-loss and take-profits orders, allowing them to fix profits in a timely manner.
You can track current transactions in real time from your smartphone.
Registration on the mobile platform is carried out immediately after its installation on the device. If the user has previously registered in the web version, then he can simply log in using the same account details. Traders who have not previously had an account with the Libertex broker must go through a quick registration procedure by choosing an account type and immediately replenishing a deposit.
The broker has developed an attractive bonus system for its clients:
Welcome bonus. It is a 100% bonus accrued for the first balance top-up in the amount of $ 100 or more. The more actively trading is conducted, the sooner the bonus is converted into assets that can be withdrawn or used for trading. The maximum possible bonus is $ 10,000.
Bonus to compensate commissions. 10% of all sums that the trader spent on commissions is returned to him in the form of a bonus. The broker credits the converted bonus to the trader's balance with a minimum amount of 2% of the bonus. The bonus must be converted within three months from the date of its receipt. Libertex analyzes the amounts paid by the trader every day and takes into account the converted part of the bonus. As soon as this part reaches the minimum payout, Libertex broker transfers the converted amount to the client's balance.
It should be noted that the size of the bonus payment, as well as the conditions for its receipt change from time to time.
Deposits and Withdrawals
The broker offers more than 25 methods of funds transfer. The commission and processing time of the transaction depends on the chosen method. Check the most popular payment channels in the table below:
|Payment method||Deposit Commission||Processing time||Withdrawal Commission||Processing time|
|Bank transfer||0%||2-3 days||From $10||Up to 5 days|
|Bank cards||2.5%||Instant transfer||2.5%||Up to 5 days|
|QIWI||5%||Instant transfer||0%||Usually 1 day|
|Skrill||1.9%||Instant transfer||1%||Usually 1 day|
|Neteller||4%||Instant transfer||1%||Usually 1 day|
For deposits from $ 1000 the company compensates the commissions by bonuses. To manage the funds transfer on the personal account, the trader must pass the verification procedure. For this, you will have to fill in personal data in your profile - full name and current address of residence. This procedure is obligatory. The broker asks the client to confirm the address and personal details within 15 days after the first deposit. You will have to submit a scan of your ID document – a passport or driver’s license. To verify the residential address, you may use a bank statement or utility bill not older than 6 months. The approval takes up to 1-2 business days.
You will find a special Support Center on the Forex Club official website. It covers most frequently asked questions concerning platforms, services for the clients, money transfers and others. Besides, you can make a free online call on the site – you will see a special banner for it. The broker also specifies a land line phone number to get in touch with the operator – 8-800-7754-964.
Forex Club Libertex has communities on all popular social networks – Instagram, Facebook, Twitter. The links to the accounts are also available on the broker website.
Earn with Libertex
Every member of the Libertex platforms can become a partner the Forex Club. The company has established a profitable partnership program for those wishing to increase their own capital. Your main task will be to promote Libertex with a personal affiliate link on your website, blog, social network, news feed or other high-traffic platform. Once a partner has been approved, the broker carries out an extensive analysis of your web page and traffic sources. Then a Libertex manager will suggest one of the following commission plans:
a fixed commission for each qualified trader (up to 1200 USD);
hybrid strategy - a combination of two types of all available commissions: CPA + revenue share;
share of gross profit - a kind of spread up to 50%;
an individual plan for partners is also available.
Payment can be credited to a wallet of any of the presented payment systems: Bitcoin, PayPal, Skrill, Union Pay, QIWI, WebMoney.
Advantages and Disadvantages of Libertex
|Simple and fast registration procedure||High commissions|
|A large selection of assets for trading, including CFDs and cryptocurrency||Only one real trading account is available|
|High level of user data security|
|The ability to conduct advanced technical analysis of the market|
|Attractive bonus system|
|Convenient app for mobile trading|
Numerous customers’ reviews of Libertex prove that Forex Club is far from being a scam, and it does fulfill its obligations to clients. Money is withdrawn on time and in full. Trades are executed instantly without delays. The broker has a lot of profitable offers for both beginners and experienced traders. You can start your acquaintance with a demo account to test platform characteristics and your own skills before getting involved in serious investment projects.