Updated: 30 may 2024
10 minutes

With a presence in the industry for many years, Libertex is a reputable broker in EEA and Switzerland. Many advantages come to mind when trading CFDs on Libertex, the most prominent being a transparent fee structure, a wide variety of underlying assets to trade including CFDs on cryptocurrencies and real stocks, and very competitive trading fees. 

What You Need To Know About Libertex

Libertex is an online broker that offers CFD trading of a wide variety of underlying assets including CFDs on stocks, currency pairs, cryptocurrencies, indices, ETFs, bonds, precious metals, oil/gas, agricultural products, and a lot more. 

It is the trademark of Indication Investments Ltd. which is a company registered in Cyprus under License Number 164/12. This allows Libertex to operate in EEA and Switzerland.

During its time, the company has gained a lot of momentum and currently boasts of having numerous registered clients. Although investments are always risky, Libertex reports that only 73.77% of registered accounts have already lost funds, a better record than many other brokers.

All these factors make this company worth considering, so this Libertex review takes a deeper look at the Libertex broker so that you know exactly what it can offer you.

Libertex

  • Regulated broker by CySEC
  • Crypto CFD trading with leverage
  • 50k Demo account

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.91% 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.

The History of Libertex

Founded in 2012, Libertex has rapidly expanded and now serves numerous clients in EEA and Switzerland.

During these years, the companyhas made a name for itself in the financial markets and has been recognized and awarded several times. Most recently, the company received awards such as:

  • Best Trading Experience (Ultimate Fintech Awards, 2023)
  • Best CFD Broker (World Finance, 2023)
libertex primes

Libertex is operated by Indication Investments Ltd., a company registered in Cyprus and with a representative office in Germany registered with BaFin.

What Libertex Offers

Libertex is a trading and investment platform, an online broker that offers individuals an opportunity to trade various underlying assets and invest in real stocks. Among the available underlying assets on the platform are:

  • CFDs on:
    • Stocks
    • Cryptocurrencies
    • ETFs
    • Bonds
    • Metals
    • Oil and gas
    • Agricultural products
libertex CFD

Like many of its competitors, Libertex also has an ‘Education’ tab for training traders, but it’s not as comprehensive as we expected. However, what sets this company apart is its reputation aspect, allowing users to connect and trade with confidence.

At Tokize, we are always on the lookout for good deals and online platforms that allow traders to get the most out of their trading. Libertex is on our list of the best available options and this review will present everything else you need to know about it as you’re trying to make a choice.

The Libertex Ecosystem

Libertex promises to offer a wide range of underlying assets for its clients across a multitude of asset classes. These include:

Libertex crypto CFD list

Cryptocurrencies CFDs

On Libertex, it is possible to trade cryptocurrencies in the form of CFDs. This means that you won’t be trading real cryptos but rather a derivative product that follows the real price of the underlying crypto. there are clear trading commissions incurred and you will also have to pay for:

  • Spreads – variable depending on the underlying market conditions
  • Swaps – charged for open positions held overnight
  • Margin adjustment – when the client’s base currency is different from the quoted currency of the underlying asset (only on the Libertex platform)

Thankfully, Libertex keeps spreads tight to avoid overcharging traders on the platform so you don’t have to worry about high trading costs. Nor do you have a shortage of cryptocurrencies CFDs to trade, which include Bitcoin, Ethereum, and altcoins such as:

Stocks

Trading stocks on Libertex can be done as CFDs or can invest in real stocks. Over 50 stock CFDs are listed on the platform and include US blue chip stocks as well as the most popular stocks in Europe and Latin America.

When you trade these stock CFDs, you will be charged similarly to the crypto CFDs above through spreads and swaps, both of which change according to market conditions and the platform you choose. 

libertex buy real stocks

However, you can also invest in real stocks on Libertex, for which there are no commissions involved (market spreads apply).

Forex CFD Trading

The Forex market is the largest financial market with a daily trading volume of USD 6.6 trillion! This presents a very exciting market because there is a large variety of currency pairs CFDs and Libertex offers a decent selection of over 50 pairs.

Libertex forex cfds

They consist of major currency CFD pairs such as EUR/USD and GBP/USD, crosses such as EUR/JPY and EUR/GBP, and exotic pairs like USD/SEK and USD/RUB. All these can be traded as CFDs with the same low spreads charged by Libertex to keep trading costs low without taking away from the trading experience.

Precious Metals CFDs

The most common precious metals you can think of are also available on Libertex for trading as CFDs. They include CFDs on gold, silver, copper, platinum, and palladium.

Libertex commodites CFDs

With CFDs, this makes it a good opportunity to trade products that you may not have been able to access before because you don’t need a lot of capital. Besides, margin trading allows you to trade metals CFDs with a lot more value than you have in your trading account.

Stock Indices CFDs

Indices CFDs are a great way to get exposure to a large sector of a financial market using a single instrument. For instance, the S&P 500 Index represents the top 500 US stocks, which you can trade simultaneously by trading the SPX 500 index on Libertex.

libertex indices CFDs

And you’re not limited to the US either, because on Libertex you can trade CFDs on indices from all over North America, Europe, Asia, Middle East, and South America. Now that’s how you can diversify your portfolio across the world from the comfort of your home or mobile phone.

CFDs on Agricultural Products

Whether it’s coffee, soybeans, corn, or even sugar, Libertex allows trading a wide variety of agricultural products CFDs. These are among the ‘old-school’ underlying assets to be traded in the financial markets but they don’t receive a lot of attention nowadays.

Nevertheless, these markets can still be quite exciting and you can trade such CFDs on the Libertex app and find exciting trading possibilities

CFDs on Oil and Gas

From Brent crude oil to WTI and natural gas CFDs, you can diversify your trading and trade such energy products. The range of underlying assets is limited, but these are among the most demanded and recognized underlying assets in the market, often dictating the state of the global economy.

This creates a lot of volatility and thus a lot of potential to make a large profit. Through Libertex, you can get the one of the best trade conditions for CFDs on oil and gas products at the most competitive spreads so that you’re ahead of the rest.

With Libertex, investors have access to global markets, allowing them to diversify their investments and take advantage of opportunities in different regions. This can also help mitigate risks by spreading out investments across various markets.

Amber Couron, Owner, House Buying Heros

ETFs and Bonds CFDs

Here are other trading options across the financial markets and many popular traders enjoy them.

libertex etf CFDs

Now Libertex is offering you the opportunity to trade CFds on US treasury bonds and ETFs from countries around the world such as Mexico, Brazil, Germany, and many other countries. So this should be another way to diversify your portfolio and get exposure to major and developing economies.

Options CFDs

You may have already heard of options CFD trading as a speculative tool for various markets. Indeed, options CFD trading on Libertex will allow you to get exposure to stocks, precious metals, and oil and gas products with the potential for high returns.

libertex option CFD

That being said, options are especially volatile by nature and we discourage beginners from getting into this market. the risks involved are high which could lead to extreme losses.

Additional Services

Aside from offering a large selection of underlying assets to trade, Libertex has complementary services meant to enhance your trading experience and even improve your performance. Some of these services include:

Economic Calendar

Libertex presents its economic calendar as the most accurate, complete, and timely on the market. We checked it out and found that it has some advantages such as being able to filter upcoming events by country and importance while also seeing which currency pairs may be impacted by the news and likely forecast. 

libertex economic calendar

However, it’s not so remarkable compared to other economic calendars except for the fact that you can jump from the calendar into the currency pair in question on the Libertex app. Unfortunately, the calendar cannot be used for other markets except Forex, making its purpose limited and not very useful for investors in other markets. 

Research and Market Analysis

We were excited at this additional service from Libertex because it can be the most useful, especially for beginners who need guidance to trade with success. After all, Libertex claims to provide valuable trading insights through in-house analytical reports and premium market reviews.

However, we were disappointed because the analyses have not been updated since 2022. It was a huge letdown for a company that prides itself on being client-focused and disappointing that Libertex doesn’t cater to the needs of new traders. 

Education

Libertex did a commendable job providing educational material for new traders, offering them the opportunity to learn the basics of trading with a beginner’s trading educational materials. Video and written content allows users to learn at their own pace and gain more knowledge about CFDs and many other aspects.

You can also create a demo account to trade with unreal capital. The trading conditions don’t change and are the same as the real market, except that the capital isn’t. This is a great way to get started by getting a taste of the actual financial markets.

Libertex

  • Regulated broker by CySEC
  • Crypto CFD trading with leverage
  • 50k Demo account

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.91% 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.

How to Trade Cryptocurrencies CFDs on Libertex?

If you want to start trading cryptos CFDs on Libertex, just follow these 5 steps:

Step 1: Sign Up On The Platform

Go to the Libertex website on your browser and click on ‘Sign Up’. A signup page will appear, in which you will enter your email address and preferred password. Alternatively, you can download the Libertex app on your phone from the Android Play Store or Apple App Store and sign up through your device. 

Libertex open account

Step 2: Enter Profile Details

You will be redirected to the Libertex trading app, but although your account is created, you will need to first complete your profile details. 

Libertex account

This will require you to enter your details such as your name, physical address, and phone number. Remember to enter these details accurately because they will be confirmed in the next stage. 

Step 3: Verify Your Account

Regulations require online brokers to follow KYC regulations, meaning you will have to upload a picture of your identification document such as a passport or national ID. A bank statement or utility bill will also be required to verify your physical address. Checking these documents may take a few hours, so you will need to be patient. 

Libertex verification

Step 4: Fund Your Account

Click on the ‘Deposit’ button on the app dashboard and a popup display will appear. On it, select how you want to make the deposit (PayPal, debit/credit card, bank transfer, Google Pay, rapid transfer, Skrill, or Neteller), the amount you want to deposit, and the particulars of your deposit method e.g. card number. The minimum deposit is EUR 100.

libertex fund account

Step 5: Place Your Order

Once all the requested information is filled and documentation approved, you can start trading cryptos CFDs or any other underlying assets on the platform. Use the trading charts to perform technical analysis and the ‘News & Signals’ tab for fundamental analysis.

libertex bitcoin cfds

From your analysis, click on Buy or Sell and a trading window will pop up. Here, enter the value of the trade you want to make, the leverage (multiplier), and other trade conditions like take-profit and stop-loss. Complete the trade by executing the order and that’s it, you have just made your first crypto CFD trade on Libertex.

Fees on Libertex

The first minimum deposit on the platform is EUR 100. No fees are charged on deposits regardless of the method you use, although you may be charged by your payment provider.

libertex fees

As for trading fees, they are typically floating spreads because Libertex mostly offers CFD trading. However, you can always view the live spread on the trading window. From our Libertex review, we found that the spreads are around the market average and you can get even lower spreads by opening a professional account. 

With an ‘Invest’ account, you can buy real stocks with no commissions whatsoever. The only fee is the market spreadwhich are usually a small percentage of the trade value and negligible.

Regulation of the Libertex Platform

Libertex is a recognized platform, regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) under CIF Licence number 164/12. It has held the license since 2012 proving that it has a long and reputable history while operating across the EEA and Switzerland.

libertex regulation

Indeed, the company also has a representative office in Germany that is registered with the Federal Financial Supervisory Authority (BaFin) (BaFin ID: 10161686 / Bak No.: 161686). 

Both of these regulators allow Libertex to sign up users in the EU, while international users sign up to Forex Club International registered in St. Vincent and the Grenadines (Registration No. 1277 LLC 2021). 

Is Libertex a Sserious Broker?

From our review of Libertex, it appears to be a serious broker to use based on the level of regulation and client reviews. Most of its users have left positive feedback about their experiences and say they would recommend the platform to others.

In addition, Libertex has received multiple awards and certifications from major broker review platforms to show that it has exemplary services. It is often listed among the top online brokers, particularly in the EU. 

After being around for many years, it has never experienced high-profile attacks leading to the loss of funds for its users, another sign of the care it takes to protect its clients. Finally, the company has a fraud monitoring team that oversees the activity of all accounts to detect any theft or suspicious transactions.

Pros and Cons of Using Libertex

  • Secure broker regulated by CySEC (Cyprus)
  • Evolving spreads and commissions, but presented transparently
  • Large catalog of underlying assets to trade
  • Fast and understanding customer service
  • Educational materials and support for new users
  • Real stocks to invest in at 0% commission
  • Cryptocurrencies only accessible through CFDs
  • Not available in the US

Frequently Asked Questions (FAQ) about Libertex

Yes, Libertex is a platform regulated in Cyprus by CySEC.
The minimum deposit required for the initial deposit is EUR 100.
To create an account on Libertex, simply fill in the essential information, especially related to your identity. Don’t forget to have all the necessary documents with you (ID card or passport and utility bill or bank statement) for taking pictures.
There are no commissions when buying real stocks on an ‘Invest’ account (market spread apply). As for CFDs, the spread is variable and can be seen on the trading window so that it’s transparent.
Unfortunately, no. But you can trade crypto CFDs on margin and increase your returns significantly.