He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.

Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Those who hope to find mention of the FCA in this Libertex UK review will be disappointed. Instead, its authorisation and regulation comes from the Cyprus Securities and Exchange Commission (CySEC). This is due to the broker’s location in Cyprus, under the name Indication Investments Ltd. They don’t not offer Exchange Traded Funds directly, only offering them via CFDs. They have more than 700 employees working for the group of companies, serving over 2,200,000 clients from Americas, Asia and Europe.

Why is Choosing the Right Account Type Important?

As you review Libertex cryptocurrency offerings, you will notice that the broker has a reasonable selection of cryptocurrency CFDs. These CFDs allow traders to profit off the volatile nature of cryptocurrencies without owning the underlying asset, which would require a separate cryptocurrency wallet. This Libertex UK review found seven majors, 21 crosses, and 21 exotic pairs available for trading. For transparency, clients can find all of the relevant commissions, along with swap rates, on the CFD Specification page. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites.

Libertex’s Web Trader Platform

There is also the choice to invest in CFDs of five oil and gas commodities and six agricultural commodities. No Libertex CFD review will be brief, as most of the instruments that the broker offers are Contracts for Difference, with the exception of forex. Traders have access to CFDs for stocks, cryptocurrencies, agriculture, oil-gas, ETFs, metals, and indices. MT4 is free to use for desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). The web version runs directly in most popular browsers and therefore does not require downloading or installing any software.

What did our traders think after reviewing the key criteria?

All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. This Libertex UK review appreciates the usability of the broker’s website. The layout makes it simple to review asset offerings, find deposit methods, and learn more about the broker. To add some vibrancy to the page, it utilises some unique imagery, such as a man in a rocket, which is on the homepage at the time of writing.

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. The Contact Us page offers an online form, an email, a phone number, and a mailing address. This Libertex review appreciates the presence of an FAQ section, although beginners who review Libertex CFD offerings may wish for it to be more extensive. Overall, however, alpari review the FAQ page is well-laid out and has all of the basic information that clients will need.

1. Through this sophisticated platform, you can get access to all of the tools you need for analysing charts and trading instruments including a great selection of Forex, Cryptos & CFDs.
2. Libertex has also developed a highly practical mobile app, which can be used to trade CFDs or invest in real stocks and generate dividends from them.
3. There is also the option of a demo account so clients can review themselves before creating a real money account.
4. These do not have a particularly coherent structure and are instead intended to provide the reader with a more abstract picture of market trends and economic developments.

CFDs in some asset classes like energies, indices, and shares can be traded commission- free. Libertex also charges very low floating spreads starting from 0.1 pips. As shown above, the Libertex platform displays the most important trading information, such as the latest news and technical indicators data, for each trading underlying asset. This can be used by traders to assess the underlying market bias and the market’s next likely direction. Libertex (Forex Club) offers 51 forex pairs and a total of 300 tradeable symbols.

Support

We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. When CFD trading you are buying or selling a contract, which means you agree to exchange the difference between the opening and closing price. Since being founded in 1997, the Libertex Group has grown into a diverse group of companies, serving millions of clients from several countries all over the world. In a world where inflation erodes your savings every day, it wouldn’t be wrong to call savings an antonym of investment. We found that Libertex (Forex Club) is regulated by MiFID, which ensures a certain level of trust and compliance. However, it is not a publicly traded company and does not have authorizations from ASIC or the FCA.

Founded in 1997, Libertex (Forex Club) has established itself as a reputable broker in the forex and CFD trading industry. The company offers a variety of trading platforms and tools, catering to different types of traders. Our research into Libertex (Forex Club) reveals that it offers a varied forex and CFD trading experience.

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. With many years of experience in financial markets Libertex is acknowledged by a number of awards and recognized by thousands of users. Steven Hatzakis is the Global Director of Research for BrokerNotes.co and power trend ForexBrokers.com.

Libertex (Forex Club) Review 2024

Even though this is not a major issue, I still would have expected a broker from the rank of Libertex to afford its clients an alternative source of information. In trading, it is important to gain as many perspectives as possible to understand general market behavior. Available on the Libertex platform, the market overview feature allows traders to be up to date with the current market news. I have always considered a platform’s chart screen its most important asset. Successful technical analysis is predicated on examining even minute price action behavior changes with ease.

Libertex Europe is headquartered in Cyprus, and it also has a representative office in Germany that is registered with BaFin. The CySEC-regulated broker was founded in 2012, and in the decade since its establishment, Libertex has grown into one of the most popular names in the European trading industry. The broker offers over 300 CFD underlying assets and over 300 real stocks to invest in. Libertex offers demo accounts that introduce traders to the broker’s services and allow 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 safe environment. You can set up a demo account for yourself alongside your live CFD account.