Libertex Review 2022- Tranding Platform

 

Libertex is a trading platform for CFD trading (Contract for differences) meaning is a financial contract that pays differences in the settlement price between the open and closing trades.

The Libertex broker has been into this financial business for almost 25 years. The company was established in the year 1997, with millions of customer worldwide. Libertex users can trade Stocks, forex, Crypto, ETF, Indices and many more digital assets.

Libertex allow their users to trade on leverage, leveraged CFD derivatives maximize potential profits as well as losses, note that trading on leverage only if you’re a professional trader.

Trading on leverage mean if you invest $1,000 on libertex platform you can get a maxium of 1:3 leverage, with that $1000 you have the opportunity to get $30,000 to trade.

The lebertex users have access to metatrade 4 & 5 platforms to connect and trade with more advanced tools, robot advisory services and automated trading tool.

Libertex Pros & Cons

Pros:

·         User friendly web trading platform

·         Trade CFD derivatives with zero commission on certain assets such as options and some forex pairs.

·         Trade different digital assess crypto CFDs, forex CFDs, Commodity CFDs, and more with leverage. 

·         Libertex is a regulated broker and authorized by CySEC. 

·         Varieties of payment methods available.

·         Zero charge fees on deposit

·         Access to MT4 and MT5 platforms

·         Direct access to real-time trading signals and news 

Cons:

·         Limited on educational resources material

·         Only provides access to CFD derivatives trading

Lebertex Tradable Assets

Forex Trading on CFDs

Libertex offer different pair for forex trading including major, minor, and exotic currency pairs such as:

·         EUR/USD

·         EUR/AUD

·         GBP/JPY

·         USD/CAD

·         NZD/USD

·         USD/CHF

·         USD/JPY

·         USD/ZAR

The minimum trading volume per trade for all forex pairs is £20, and you can trade with up to 1:30 and 1:20 leverage depending on the FX pair you choose.

Crypto CFD Trading

 Traders have access to a wide range of cryptocurrencies from Bitcoin to crypto-to-fiat and crypto-to-crypto pairs. This means that you can buy Bitcoin (BTC/USD) and other digital assets with 0% commission.  

Stock CFD Trading 

Libertex trading account, users can get access to more than 50 stock CFDs with the highest market volatility and liquidity. These include the stocks of the US exchanges and major stocks of companies listed on European and Latin American markets. 

However, you can browse through the entire stock CFD offerings or you can select shares of stocks based on their corresponding sector and industry. These include: 

·         MEDICAL CANNABIS

·         MATERIALS

·         TECHNOLOGIES

·         INDUSTRIALS

·         FINANCE

·         CONSUMER SERVICES

·         LUXURY

·         TELECOMMUNICATIONS

·         CONSUMER GOODS

·         ENERGY

·         HEALTHCARE

·         AUTOMOBILE INDUSTRIES

Commodity Trading on CFDs

Libertex users have access to three main branches of commodity trading: metals, agriculture, and oil and gas.

·         Metals – Copper, Palladium, Platinum, Silver, Gold. 

·         Oil and gas – Brent Crude Oil, Brent Crude Oil Cash, Light Sweet Crude Oil, Heating Oil, Henry Hub Natural Gas, WTI Crude Oil. 

·         Agriculture – Cocoa, Coffee, Corn, Soybean, Sugar, and wheat. 

Note that trading commissions vary depending on the underlying asset but they generally fall in the range of 0.0% and -0.516%. 

Stock Indices Trading on CFDs

Libertex traders have access to European, US, and Asian markets with the most popular stock indices. You can choose from a wide range of indices such as:

·         S&P 500 – measures the performance of the top 500 major cap US companies

·         NASDAQ 100 – tracks the value of the 100 biggest non-financial US companies

·         DAX – measures the price performance of the top 30 stocks listed on the Frankfurt Stock Exchange

·         Hang Seng Index – monitors the price performance of the top companies listed on the Hong Kong Stock market

·         Nikkei 225 – tracks the value of 225 top companies on the Tokyo Stock Exchange

ETF CFDs                    

Libertex users can have access the following ETFs with commissions as low as -0.08%:

·         iShares Core U.S. Aggregate Bond ETF

·         iShares MSCI Germany ETF

·         iShares MSCI United Kingdom ETF

·         iShares MSCI Mexico ETF

·         iShares MSCI Brazil ETF

·         iShares China Large-Cap ETF

·         iShares Core S&P Mid-Cap ETF

·         iShares Latin America 40 ETF

·         SPDR S&P 500 ETF Trust

·         Vanguard FTSE Europe ETF

Options CFDs

 Libertex offers the following Options CFDs with leverage of up to 1:5 and 0.0% commission:

·         Bitcoin

·         Brent Crude Oil

·         DAX

·         S&P 500

·         Gold (XAU/USD)

Deposit & Withdrawals Options

Libertex offers a different types of funding methods including

·         Debit/credit cards

·         Bank wire transfer

·         PayPal

·         Skrill

·         Neteller

·         Jeton

·         And many more

Is important to know that all the deposition methods above is free of charge, Livertex charge zero commission fees for funding your live account. And instantly deposition except on bank wire transfer which may take maximum of 3-5 days business days.

Withdrawals

Withdrawal Method	Commission Fees	Time Frame
Debit/Credit Card	1 EUR	1-5 days
Bank Wire Transfer	0.5% min 2 EUR,  max 10 EUR	3 -5 days
PayPal	Free	Instant
Skrill	Free	Within 24 hours
Neteller	1%	Within 24 hours
Jeton	1%	Within 24 hours

Libertex Fees and Commissions

 CFD trading with zero spreads

The spread is the difference between the buy and sell price of an asset. 

This means that if the spread is 0.5% you will need to make a minimum of 0.5% in profits to break even. This zero-spread offering is great opportunity for your potential trading returns. 

Commission charges 

The commission ranges from 0% to -1.623% depending on the underlying asset. All the commissions can be found on the CFD specification page or the trading terminal when you click on an asset. 

Non-trading fees

The overnight finance fee, also known as the swap fee is a charge incurred to keep your position open past standard trading hours. If the custmer Account is inactive for 180 calendar days (i.e. there is no trading, no open positions, no withdrawals or deposits), the Company reserves the right to charge an account maintenance fee of 10 EUR per month. (Applies to clients with total account balance less than 5000 euros). 

Web and Desktop Trading Platforms

Both the web and desktop of libertex are user-friendly and their customers have the ability to trade on the Libertex Web Platform as well as the MetaTrader 4 and MetaTrader 5 platforms for personal computer.

Below are the main features of the platforms:

Libertex Web Platform

• Trade multiple asset classes.
• Interactive charts.
• Great range of technical tools and indicators.
• No installation is needed.

Libertex MetaTrader 4 (PC)

• Fully customisable.
• Multiple analytical instruments.
• Advanced charting.
• Over 30 built-in indicators.

Libertex MetaTrader 5 (PC)

• 21 timeframes.
• 6 order types.
• Expert Advisors.
• Advanced charting capability.

Mobile Trading Platforms

Libertex mobile app are very user-friendly and their user can download and install the app and the app are compatible with both Android and IOS devices. Android users can download the app in Google play store and Apple store for iPhone user and the MetaTrader 4 and MetaTrader 5

Below are the main feactures of Libertex mobile app provides including:

• Trade and manage your account on the go.
• Access order types.
• Real-time quote streaming.
• Access multiple asset classes.

Bonus & Promotions

Due to regulatory restrictions, Libertex does not offer any bonuses or promotions.

Regulation & Licensing

Libertex is regulated and authorised by CySEC (the Cyprus Securities & Exchange Commission).

Customer Support 

    Libertex offers multilingual (English, Spanish, Italian, German, Dutch, French, Polish and Greek)

·          customer support between 9 AM – 9 PM (EEST)

Ø  Live Chat

Ø  Whatsapp,

Ø  Email: help@libertex.com

Ø  Phone : +35722 025100

Ø  Facebook Messenger.

There is also a detailed FAQ section covering questions regarding Trading Transactions, Verification, Trading Conditions and Trading platforms and terminals.

After submitting a question through the live chat we were connected to an agent who answered our question within 10 seconds, as shown below:

Livertex Account Opening

Customers can open a new account in just a few steps. After clicking the ‘Open Account’ button on the broker’s homepage, users will be guided through the following steps:

1. Sign Up: Name, email and phone number.
2. Employment details: Employment status, industry of employment and education level.
3. Trading Experience: Questions relating to CFD trading, trading knowledge and experience.
4. Financial details: Questions relating to source of wealth, net worth and annual income.
5. Personal Details: Name, address, nationality, contact number and date of birth.
6. Document Verification: Proof of identity (passport ID) and proof of residence (utility bill or bank statement – not more than 6 months old).

>>>Visit Livertex>>>

RISK DISCLAIMERS

This website includes information about cryptocurrencies, (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. knowaboutcryptocurrency.blogspot.com encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved. All contents on this site is for educational, and informational purposes only and does not constitute any financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. Knowaboutcryptocurrency.blogspot.com may receive compensation from the brands or services mentioned on this website at no additional cost to you.

Risk Warning: Trading CFDs on leverage involves significant risk of loss to your capital.