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Libertex Reviews Read Customer Service Reviews of libertex org
[ May 17, 2022 // Gary G Burrows ]They have more than 700 employees working for the group of companies, serving over 2,200,000 clients from Americas, Asia and Europe. This regulation helps to give me the peace of mind that I am using a reputable and trustworthy broker who must comply with strict rules and regulations to protect investors. It goes against our guidelines to offer incentives for reviews. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. The complexity of the company and the ability to make trades instantly is very impressive.The company’s bitcoin mining feature is also great. Stocks, currency and other commodities and instruments will be brought or sold by Libertex even if no buyer or seller is lined up.
There is also a separate Help and Support page that allows clients to search in the “knowledge base” for answers. Those who need to review CFD specific information that is unavailable can select the “Contact Us” button on the top right corner of this page. There is also a floating icon on all pages of the website for a live chat.
If you are a beginner, there is even the option of a risk-free demo account to get a feel of what they can offer you. Little wonder they have won over 30 prestigious awards in the past. Based on relevant Libertex reviews, the following information evaluates the details of various services offered by the platform. From different account types to a wide range of trading app features, this review unlocks how Libertex caters to its retail clients. Before trading with Libertex, retail traders should explore this review and try practicing with the demo account. This Libertex review also lists all the offerings available on the platform, including details on minimum deposit amounts, minimum trading limits, & commissions.
Libertex Mobile App
I found the guides easy to follow but perhaps quite basic for those of you who already have some trading experience. The website includes the most common technical indicators, which are divided into Volatility, Trend, and Oscillator categories. He improved code in MQL5 enables traders, developers, and trading specialists to design advanced indicators, operate trading robots, and implement utility apps. MQL5 applications are now based on the positioning system rather than the order system of MQL4.
Libertex accepts traders from the European Economic Area (EEA). Android and iOS apps are also regularly updated for security purposes. Libertex is not currently offering any bonuses or discounts as per CySEC requirements.
- You will be exposed to a high risk of loss regarding leverage and margin-based trading.
- They are a statement of the ongoing efforts by Libertex to maintain a competitive edge for its clients.
- Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store.
- From the same area of the site, users can look at their order history, wallet balance and pending orders.
Risk disclaimer – CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.8% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Withdrawal
By effectively managing risk, you can increase your chances of success in the markets. While learning, you can also use global trading times to practice making live buy or sell trades using Libertex. This hands-on experience can help you gain confidence and become more comfortable with trading. Below we give an overview of the account types that Libertex offer. Whatever you are looking to trade, the varying
Libertex account types will be able to provide you with what you need.
firest impression about the platform
Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. Libertex is an established broker that is regulated by the CySEC. The brand also has a high-profile sponsorship with FC Bayern Munich. Add in a secure login process and account measures and we are comfortable that the brokerage is serious.
The Trustpilot Experience
In this Libertex review, we explore how the platform provides its broker services for CFD trading. 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. Libertex, unlike other online brokers, claims to not provide various account types, and instead just a “real” account and a “demo” for trading and Invest account for investing in real shares. You can access the Libertex platform via mobile apps for Android and iOS. They are easily downloaded via the Google Play Store and Apple App store respectively.
You can trade a wide variety of instruments with Libertex
over 213 instruments in fact. Libertex have won numerious industry awards over the 26 years they have been operating as a financial broker. We have listed the most notable awards and mentions for Libertex below.
It maintains top of the line instruments in its databases which provide the correct answers to your trading needs. Libertex is considered good and reputable to trade with Libertex. Libertex offers Forex trading, Cryptocurrency trading, Indices trading, Stocks trading, Commodities trading, ETFs trading, and CFD trading. The effect of leverage on profits and losses magnifies them in both directions. In other words, Libertex leverage profits and losses are magnified when trading.
Is Libertex a market maker?
Choosing or shortlisting a trading platform like Libertex can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform’s various features and benefits, especially with a complex trading platform like Libertex. This minimum deposit amount was equivalent to libertex review ZAR 160 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing. Libertex allows traders to fund their accounts via several different methods. They don’t have a “classic” account structure and a live support rep told me that there’s no minimum investment, meaning that I can deposit how much I want.
Fund transfers via eWallets credit in 24 hours while the other payment methods could take 1-5 days. The CFD broker also charges a withdrawal fee, except for payments through Skrill. For payouts via debit/credit card, the charge is €1, fund transfer through SEPA/ International wire has a fee of 0.5% (€2-10), while payouts through Neteller incur a 1% charge. Trading metals in this way lets traders begin doing so with just $10, although 100 EUR is recommended. In terms of indices, a CFD review will show six North American, eight European, three Asian, one Middle Eastern, and one South American index.