Libertex Review: A Unique Experience For European Traders

October 20, 2020
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Libertex is quite an interesting broker that focuses on trading in a whole new way. The most prominent point of Libertex is its own trading platform, which has the same utility as something like MetaTrader does while providing a beautiful experience that can be used by almost everyone regardless of experience. Aside from that, Libertex offers both trading on spreads or without them with fixed commissions, which is an experience traders can choose willingly while benefitting from multiple ways to fund and withdraw from their accounts after earning on trades of its wide array of assets.

However, from another perspective, Libertex has some really glaring issues that don’t let it really outshine other similar brokers with all of its uniqueness. Some of those being the fact that it charges withdrawal fees, an account verification can take at least 3 days, it offers little to no educational resources and the fact that it’s available in Asia and Latin America but without local regulation.

Overall, Libertex offers one of the most unique experiences a broker could ever give out, but it’s severely hampered by its lacklustre service on its other features. Recommending Libertex outside of Europe and Africa is a tough sell, but for those traders in said regions, there’s quite a unique experience to be had with this brokerage account. So, what are you waiting for?

On the other hand, for all the things we recommend Libertex we can also recommend, our highest-rated broker to date. On top of that, has a bigger asset repertoire reaching up to 3,000+ assets with excellent 24/7 customer support, free dedicated account managers and a proprietary platform that can possibly rival or even perform better than Libertex’s. So, whether you’re new or an experienced trader, we can confidently say that you’ll feel right at home with this broker. Why not try it with just a menial $20 minimum initial deposit?

We analyzed hundreds of data points relevant to the costs, benefits and features of trading with Libertex and scored our findings on a 10-point scale across 10 distinct categories.
Fees 8
Signup Process 5
Minimum Deposit 10
Ease of Use 9
Deposit & Withdrawal Options 10
Customer Support 6
Asset Classes 9
Referral Program 0
Demo Account & Educational Resources 7
Safety & Regulation 8
Total 72

Looking for a new brokerage account is getting harder and harder by the day. The industry is flooded with new and upcoming brokers with very different pros and cons that might fit you or not. That’s why here at Yore Oyster we’ve given ourselves the responsibility of reviewing the most renowned brokers out there to give you an insight into what they’re all about. This time we’ll be reviewing Libertex, a prominent broker in Europe, Africa, Asia and Latin America.

An Introduction To Libertex

Libertex is a brokerage service that has been operating since 2015, belonging to an organization called the Forex Club. The latter has been operating since 1997, which makes them have at least 23 years of experience in the market, even though the trading platform has only been active for 5.

The broker focuses on offering a trading platform that extends beyond regular trading and improves on factors like execution reliability, speed and technology. All of this makes Libertex a juggernaut that offers a unique and powerful trading platform focused on giving more tools and power to the trader. This also complements the wide range of assets that are available with this broker, including the following:

  • Stocks
  • Cryptocurrencies
  • Forex pairs
  • Commodities
  • Indices
  • ETFs

Throughout its years of service, Libertex has gotten multiple awards, particularly in regard to its innovative trading platform. Some of the most recent ones are:

  • Best trading platform, 2020 by EuropeanCEO
  • Best trading platform, 2020 by FX Report
  • Best trading platform, 2020 by World Finance
  • Best Forex broker in Europe, 2020 by FX Report
Libertex getafe partner footbal europe
Libertex is also well known in Europe for being a sponsor partner of several soccer clubs like for example the Getafe CF, Valencia and more.

With all of these tools and awards, it’s worth noting that Libertex is not available in every single country in the world. The broker claims to be broadly available throughout Europe, Africa, Asia and Latin America, however, there’s not an exact list of where it actually is available. Although, we did find a list of the countries where it isn’t, which includes the following nations:

United StatesAustraliaNew Zealand
South AfricaRussian FederationJapan

Although, there are 2 versions of Libertex, and The first one covers Europe while the latter represents Libertex in Latin America, Asia and Africa. It’s certainly handy having this in mind because one does not accept clients from the other’s jurisdiction, so if you’re a European trader, you can only use and so on.

With that said, let’s stop talking about what the broker is and let’s focus on what the broker is actually good at:

Pros & Cons


  • One of the most unique trading platforms in the whole industry.
  • Being able to choose between trading on spreads or with fixed commissions.
  • A varied range of assets including stocks, indices, Forex, commodities, ETFs and cryptocurrencies.
  • One of the most varied cryptocurrency repertoires we’ve ever seen with 43 crypto pairs and 23 unique cryptos.
  • Regulated by CySEC and also protecting customers in the EU for up to €20,000


  • The only desktop platform is MetaTrader.
  • Customer support isn’t as responsive as other brokers and there’s not an actual schedule to know when you can contact them.
  • Overall, offers only over 200 assets, but we feel that for all the instruments it offers, that amount should be much higher.
  • It’s not regulated in Latin America nor Asia.
  • Has a convoluted welcome bonus program.
  • Account verification takes at least 3 days before being reviewed.

With that said, let’s head into the different types of accounts that Libertex offers!

Libertex Account Types

Here’s where we start getting a slight hint of how unique Libertex actually is. Aside from its demo account, Libertex only offers a single type of live account, the Standard Account. Although,the properties of this account can change depending on how big of a deposit a user makes throughout the lifetime of its account. Here’s a table depicting the deposit amount needed for the account to reach a certain status and the benefits they provide:

Account StatusBenefitRequirement (deposit)
Regular StatusNone£10 to £249
Gold Status3% Commission discount£250 to £1,449
GoldPlus Status4% Commission discount£1,450 to £1,499
Platinum Status20% Commission discount£1,500 to £5,000
VIP Status30% Commission discount£5,000

The good thing about these statuses is that they’re not set in stone or attached to minimum initial deposits. This means that if you open your account with regular status, you can jump to Gold or Platinum whenever you’d like. These statuses are updated on a monthly basis so your account won’t automatically upgrade until a certain date has been reached, though.

However, it’s worth mentioning that traders are eligible for statuses, which means that the broker goes on a case by case scenario before granting these. So, even though you might deposit the amount needed for the VIP status that doesn’t mean you will be 100% sure to get it.

So, now that you have an idea of what the broker is and does, let’s get into the actual meat of this review, which delves into specific categories that either make or break a broker.

Here’s a breakdown of our 10 scoring categories, each scored out of 10 for a total of 100 points.

#1 Libertex Fees

Here’s where we first reach a category that represents how unique Libertex really is. You see, the broker offers 2 trading platforms, Libertex and MetaTrader 4, but these differ not only in the overall look, but the fee structure they implement. Here’s how they work:

MetaTrader 4 Fee Structure

When using MetaTrader you’ll find that there are no trading commissions whatsoever. Instead, there will be spreads on all assets, which are generally on the narrow side. Instead, trading on the Libertex platform works in a completely different way.

Libertex Platform Fee Structure

While using the Libertex platform you’ll find that the broker implements trading commissions that can range from 0.03% to 0.07%, and at the same time, you’ll trade on raw spread prices. Yes, this means that the zero commission/raw spread accounts that you see in other brokers can simply change here at Libertex just by the trading platform you use. The commissions aren’t even that high, averaging at a £0.3 charge per each £1,000 trade.

Continuing on, we have that Libertex doesn’t charge inactivity fees at all, which also extends to deposit fees. However, the broker does actually charge withdrawal fees, which range from 0.5% to 1%, but more on that later.

The broker also offers leverage of up to 1:30 to retail traders and 1:600 to professional traders, but these need to provide an ample portfolio to be approved as a professional trader. There is no fee for using leverage at all, which is awesome, but it’s always worth mentioning that reckless use of this feature can end up in major losses.

fee money cash euro dollar
Commission fees are a surefire way to burn cash without noticing, so it’s one of the features you gotta look out for the most.

Overall, a pretty good performance! We certainly like the fact that the broker gives the option either to avoid or embrace commissions. However, we do think that withdrawal commissions may be somewhat tacked on and are not needed at all, but they don’t hinder the broker’s overall usability in a noticeable way.

Libertex Fees Score: 8/10

#2 Signup Process

Here’s where the broker takes its first slight dip in performance according to our scoring system. Overall, the signup process is pretty seamless, everything’s digital right from the registration to the part where you have to upload your documents. So, account creation is instant, but account verification isn’t, and if your account isn’t verified, you won’t be able to place any trades at all.

The broker states as per rule that once your documents have been uploaded their representatives will need at least 3 days to verify newly registered accounts. Sure, 3 days doesn’t sound as bad as 2 weeks like with Tastyworks, but we also live in a world where accounts can be verified instantly or at least on the same day. This makes the process pale in comparison when compared to Tickmill or even Exness, which have instant or at least same-day verification systems.

Overall, the signup process is really simple, only needing a government-issued ID and a bank statement from the last 6 months. However, the process is clearly hampered by asking the trader to wait 3 days, which in our opinion is more than enough time to look for a broker that’s better than Libertex. Average performance in this category.

Libertex Signup Process Score: 5/10

#3 Libertex Minimum Initial Deposit

Here Libertex gets back up to speed in terms of quality by offering a pretty low minimum initial deposit of only  USD $10. This is one of the lowest required deposits we’ve seen in any broker so far, which means that it makes Libertex a very accessible broker to both experienced and new traders who are looking for a fresh start.

For your reference, here’s a table depicting other similar brokers’ minimum initial deposits just so you can get an idea of how good this requirement actually is:

Minimum Initial Deposit ComparisonMinimum Deposit
Interactive Brokers$0.00
Fidelity International$1,160.00

As you can see, overall a great performance in this category, but there’s one more thing we have to talk about before moving on:

Welcome Bonus

Libertex has always been known amongst its users for always offering bonuses to newer traders in order to get them to choose their platform. The current bonus they’re offering seems to be the most famous to date because it offers 100% of your first deposit as a welcome bonus. At first glance, it might seem like a great offer, but there’s some fine print as to how it actually works.

You see, your welcome bonus is composed of the total amount you deposit, meaning that if you deposit $1,000, you get $1,000 as a bonus. The caveat here is that you have to somewhat earn your bonus before a certain period of time passes, otherwise it will be lost. Now, the only way to acquire your bonus is through trading and spending money on commissions. Here’s a table depicting the main aspects of how it works:

Initial DepositWelcome BonusRedeeming SpeedPayment ChunkConversion Period
$1,000$1,00010%2%90 Days

The first thing we can understand from this table is that we get a 100% bonus of our initial deposit. Regarding the other elements on the table, let’s go through all of them one by one:

Redeeming Speed

Redeeming speed equates to the percentage that you’re going to redeem from your welcome bonus into real money, according to the trading commissions you pay on a daily basis. So, let’s say that you’ve spent USD $200 on commissions in a single day, according to the redeeming speed, you should have redeemed USD $20 (10%) of the amount that’s charged in commissions on a daily basis.

If these conditions ever change and for example your Redeeming Speed changes to 20% instead of 10%, you would redeem twice the amount redeemed on the example we gave. Now, let’s keep explaining:

Payment Chunk

Here’s where things get a little confusing. You see, the Payment Chunk is directly related to the Redeeming Speed. This Payment Chunk represents another part of your welcome bonus that can be redeemed, but only if the Redeeming Speed reaches 2% of the total amount of your welcome bonus.

So, in this instance, you’ve spent $200 in commissions, which nets you $20 (10%) from your welcome bonus. Now, given this exact case scenario, the amount you redeemed ($20) is exactly 2% of the total amount of your welcome bonus ($1,000), which lets you redeem another $20 of your welcome bonus. This is very important to have in mind because some traders might sign up at Libertex unknowingly of how this convoluted system works.

The Conversion Period is just the amount of time you have to redeem your welcome bonus in its entirety. If there are any leftovers you haven’t redeemed before this period of time passes, you will be unable to claim them.

Overall, a great performance in this category thanks to a really low minimum initial deposit, but we can’t say the same for the very convoluted welcome bonus scheme of this broker. Either way, an accessible experience for most if not all traders out there, and a welcome bonus is better than no welcome bonus at all!

Libertex Minimum Initial Deposit Score: 10/10

#4 Libertex Ease of Use

Here’s where we cross paths with the category that probably definest Libertex the most, the ease of use of its platform. As we had mentioned, Libertex offers its own trading platform, which has the same name as the broker. This platform has been awarded as one of the best tools for trading Forex and stocks in Europe and we really gotta give credit where it’s due, because it’s great.

Libertex’s proprietary platform bears a visual flair that ranges from being beautiful to subtle while also being extremely easy to use and understand. It boasts a black background with white letters that pop right out of the screen when accompanied by the accents of reds and greens normally associated with trading. But the major point of the platform is not if it’s pretty or not, but the power of trading execution it grants to the trader, which is something only uniquely experienced at Libertex.

libertex web platform terminal
A relatively simple but elegant look that works on top of very poweful framework.

Libertex’s proprietary platform is available as a web terminal and on mobile devices, with a rating of 4.2 and 4.6 stars on Google and Apple stores respectively. Alas,  this is not the full availability we were waiting for, but it works. Instead, as a desktop alternative, Libertex offers MetaTrader 4 which may offer the same or even a broader functionality by throwing all the visual flair out the window.

All in all, Libertex’s proprietary platform is more than enough to get the job done, especially with its smooth and subtle but elegant looks. However, we’re severely missing a desktop version of the platform that doesn’t have such an outdated look as MetaTrader does. But either way, a great performance, to say the least.

Libertex Ease of Use Score: 9/10

#5 Deposit & Withdrawal Options

Knowing how to fund and withdraw from your broker account can be the final stepping stone before choosing a broker over another. That’s why it’s important to mention that Libertex offers one of the most varied repertoires of deposit methods and withdrawal methods in a lesser manner. Here’s a list of most deposit methods available with this broker:

  • Mastercard and Visa debit and credit cards.
  • eWallets (Skrill and Neteller).
  • Smart bank transfers (ACH).
  • Wire transfers.
  • Banking solutions like:
    • Sofort
    • GiroPay
    • Multibanco
    • Etc.
  • Voucher services like:
    • Neosurf and Teleingreso for Spaniards.

Without a doubt, one of the amplest deposit repertoires we’ve seen in any broker so far. It’s also worth mentioning that all deposit methods are fee-free and most are instantly credited except bank and wire transfers, which may take from 3 to 5 business days.

Now, on the other side of the pond, withdrawal methods are not as widely available as deposits are. On top of that, there are withdrawal fees to take in as we had mentioned in the fees category. Here’s a table depicting all withdrawal methods, any fees associated with them and how much they take individually:

Withdrawal MethodWithdrawal FeeDuration
Credit/Debit Cards$1.001-5 Days
Bank/Wire Transfers0.50%3-5 Business Days

From a very general perspective, Skrill would be the most beneficial way to withdraw, but the fees on most methods are not bad at all.

Overall, Libertex does a great job of offering multiple ways for its users to fund and deposit money into their accounts and even though its withdrawal methods are not as varied, we believe it ticks the most important boxes out of any crucial deposit methods. Great performance in this category as well.

Libertex Deposit & Withdrawal Options Score: 10/10

#6 Customer Support

Here’s where we see Libertex taking its second dip in terms of performance in this review. While writing this review we found Libertex’s customer support to be relatively okay. It’s available in live chat, phone and email forms, although it’s worth noting that we experienced email support to be the most unresponsive. Livechat support is not the quickest out there but it gets the job done, the same thing applies to phone support, both of which are offered in 8 languages.

Here are all the ways you can get in contact with this broker:

From an overall standpoint, customer support service works, but it does so in an average manner. The broker doesn’t even list the hours in which its phone lines are open, so traders are left guessing when they can call and actually get in contact with a representative. On top of that, the broker doesn’t offer dedicated account managers, and even though it’s not a must, it’s always a plus. Average performance, to say the least.

Libertex Customer Support Score: 6/10

#7 Libertex Asset Classes

As we had mentioned, Libertex is a broker that deals in a variety of assets including stocks, Forex, commodities, indices, ETFs and cryptocurrencies. Here’s a table with the total number of assets that Libertex offers:

Total Stocks130
Total Cryptocurrencies23
Total Forex pairs51
Total Commodities16
Total Indices19
Total ETFs10
Total Range of Assets249

Libertex deals with CFDs (Contracts For Difference) on most of its assets instead of the real asset, which makes trading a whole lot more accessible. However, CFDs also bring some benefits and risks into trading that should be in your mind whenever trading with them. With that said, let’s head into the actual meat of this category.

Stocks & Indices

As it’s depicted in our small table, Libertex offers up to 130 different stock CFDs to trade at your leisure. Although what’s really important here is not the number of stocks per sé but the number of stock markets the broker has access to. Libertex has stocks from the following stock markets:

  • NYSE (New York Stock Exchange)
  • FWB (Frankfurt Stock Exchange)
  • EPA (Euronext Paris)
  • HKEX (Hong Kong Stock Exchange)

So, as you can see it’s got a pretty varied repertoire of stocks which range from American to European and even Asian. But now let’s hop onto the second part of this category.

When it comes to indices Libertex also does a great job. It offers 19 indices which cover 5 main regions of the planet, including:

  • North America
  • Europe
  • Asia
  • Middle East
  • South America

Overall, Libertex has a great variety of both stocks and indices, covering any major markets out there that traders might be interested in. So, stock traders surely won’t get bored here!

Currency Pairs

Libertex offers a total of 51 Forex pairs which includes major, exotic and what they call cross pairs. Here’s a couple of examples of each category in order:


Even though the Forex pairs repertoire is not the biggest out there, it’s still got something for everybody, which is great for traders who focus on this instrument.

Gold & Commodities

Libertex also does a great job in this category as well, offering up to 16 commodities including precious metals, agricultural products and oil and gas. Some of those you’ll find here include:

  • Gold
  • Silver
  • Platinum
  • Coffee
  • Cocoa
  • Corn
  • Wheat
  • WTI Oil
  • Brent Oil
  • Heating Oil
  • Etc.

Again, great performance from Libertex.


Sadly, this is the only asset that Libertex doesn’t currently offer.


ETFs are a category of assets that are normally swept under the rug, meaning that not many brokers actually offer them. Libertex takes a step forward and offers 10 types of this instrument, which include:

  • IShares MSCI Germany ETF
  • IShares MSCI Mexico ETF
  • IShares China Large-Cap ETF
  • SPDR S&P 500 ETF

It’s worth mentioning that most ETFs offered here belong to IShares, but still, it’s better than nothing even if there’s not much variety.


As with ETFs, Cryptocurrencies are an instrument that’s commonly left outside brokers that market themselves as “professional tools for professional traders”. Again, Libertex manages to offer these assets in a way no other broker does, offering up to 23 unique cryptocurrencies to invest in while also providing 43 exclusive cross pairs to trade as well. Some of the cryptocurrencies included are:

  • Bitcoin
  • Litecoin
  • Bitcoin Cash
  • Ethereum
  • Ripple
  • NEO
  • Monero
  • Tron
  • Stellar
  • EOS
  • Etc.

Overall, Libertex does a near-perfect job in this category by offering almost near every asset out there. However, we notice that bonds are missing and that Libertex has no way to participate in the Canadian stock market, which is quite the bummer. But otherwise, a pristine performance in this category.

Libertex Asset Classes Score: 9/10

#8 Referral Program

Libertex doesn’t offer any referral program whatsoever or anything that works in a similar way, so its performance is pretty obvious in this category.?

Libertex Referral Program Score: 0/10

#9 Demo Account & Educational Resources

One of the most important parts of a broker is its educational content and resources. If a broker doesn’t have the necessary means of teaching the ropes of trading to newer traders, then it practically can’t introduce new people to trading as a whole. On this front Libertex does a relatively good job, mostly depending on its demo accounts as the quintessential tool for newer traders. Let’s break down both, demo account and educational resources, to see how they compare individually.

Libertex’s Demo Account

The good thing about this demo account is that it’s offered on both trading platforms available in this broker. So, traders have the possibility to learn trading both on a broad platform or in the special Libertex platform that’s readily available. What really makes these demo accounts the top educational resource is that they’re not limited in any way at all. Traders get unlimited access to all assets with a paper deposit of €50,000 so they can play around for as long as they want. However, the same can’t be said for its other educational resources.

demo account educational resources
Some traders think that the best way to get into trading is reading all the theory and books out there, but some rather have a more direct approach to trading as with demo accounts.

Educational Resources

 On this front, Libertex doesn’t have such a strong presence as it does with its demo accounts. This is because Libertex has very little educational resources, only including webinars (live and recorded) and a very simple course explaining the basics of Forex and how to use the Libertex trading platform. It’s very easily overshadowed by other brokers’ educational content like that of TradeStation, Exness and ATFX, but it’s still better than nothing.

Overall, what really makes Libertex stand on its own two feet in this category are its unlimited demo accounts. Otherwise, we think that the broker has only the most barebone tools to get traders into the actual theory of trading with knowledge instead of poorly based assumptions. Relatively good performance to say the least, and that’s thanks to demo accounts, but still, few resources are better than none.

Libertex Demo Account & Educational Resources Score: 7/10

#10 Libertex Safety & Regulation

Out of all categories we consider this one to be one of the most critical for a broker since safety is directly related to how many users a broker will have. On this front, Libertex does a pretty good performance by being regulated by the CySEC (Cyprus Securities Exchange Commission) and the SAFCA (South African Financial Conduct Authority), which are some pretty well-known authorities in both Africa and Europe.

Although, the CySEC only protects customers inside of the EU and the SAFCA only does so in the African continent. This means that Libertex has no real customer protection nor regulation in all other regions it’s available in, which include Latin America and Asia. For that same reason, even though it’s pretty known worldwide, we can’t fully recommend traders in those regions to sign up with this broker.

At least, for customers in the EU, the CySEC offers customer protection of up to €20,000 thanks to the ICF (Investor Compensation Fund). This is in case the broker becomes incapable of actually giving you your money, i.e., in case it goes bankrupt. However, the same can’t be said for the SAFCA.

When it comes to actual regulation the broker fares pretty well by being under the mantle of two pretty well-known regulating entities. Nevertheless, its regulation doesn’t extend to some areas where the broker is available, which can spell disaster for traders of those jurisdictions. For that same reason, we advise traders from Asia and Latin America to think twice before signing up with Libertex. A great performance in regulation… although only if you’re in one of those regions.

Libertex Safety & Regulation Score: 8/10

Those have been our main categories for this review, which leaves Libertex with a total score of 72/100, which is an overall good score. However, Libertex ran into some issues that left it dry before even reaching some of our top-rated brokers, with being our highest-rated broker to date. So, just for educational reasons let’s compare both brokers and see what makes the difference between being good and being the best.

While researching 100+ of the world’s top brokers, we’ve noticed what works and what doesn’t from the customer’s point of view. That’s why our final test for any broker is to compare it to, which scores 91/100 points across the 10 categories mentioned in this review.

Libertex vs.

Let’s take a brief look into Libertex weaknesses and how a better broker deals with those issues:

Signup Process Comparison

Earlier in this review, we mentioned that Libertex’s sign up process is pretty quick and easy to do, but this does not apply to its verification process, which can take at least 3 business days. Instead, offers instant or at least same-day verification processes for each user. This is one of the most glaring issues due to the fact that making a trader wait for 3 days is enough for anyone to think that there might be something better and quicker out there.

Customer Support Comparison

This is one of the most glaring issues we found to be hindering Libertex’s overall performance. Earlier we mentioned that the broker offers only 8 languages and that their support channels aren’t as responsive as other brokers’. Instead, offers 24/7 customer support in 13 languages accompanied by a dedicated account manager for each and every user on the platform. On top of that, the support is top-notch and it’s always there when you might need it, so it’s very different from what Libertex manages to offer. platform unique trading also bears a unique trading platform exclusive to it, which is only different in visuals to Libertex’s.

Educational Resources And Safety And Regulation Comparison

We’ve mixed these categories here so as to not extend ourselves on this last stretch because we think these categories are equally important.

Earlier we mentioned that Libertex has almost no educational resources except a short introductory course to trading and live webinars. In terms of regulation, we also mentioned that it was regulated by the CySEC and the SAFCA, which is okay but leaves traders of Latin American and Asia without protection. Now let’s see how compares:

First off, does a much better job when it comes to education, offering a complete glossary and trading guides and courses for each and every asset the broker offers. Now, in terms of regulation is also regulated by the CySEC, but also by the FCA (Financial Conduct Authority) in the UK. This means that every trader who signed up with the broker is treated as a UK citizen and has the protection of up to €85,000 if the broker ever becomes insolvent.

The biggest differences between and Libertex really come down to its inability to protect customers outside of the EU and Africa and not being able to educate and prepare newer traders as does. And there are more differences out there, like how offers 3,000+ assets to trade with, its narrow spreads and much more. So, all in all, we think that is the best brokerage experience out there as of now, all with just a $20 minimum initial deposit.

If you would like to apply for the broker you can do so by clicking the button below, but if instead, you want to do a bit more reading about it, you can check this full review as well.

However, let’s do a quick summary of what Libertex is actually good at and who might have a fun time there!

Libertex Review In Summary

And so, we finally reach the end of this review. As you might have thought, Libertex isn’t a bad broker at all, but it certainly isn’t the best out there. However, the broker has some clear points where we think it stands on its own two feet, even more so than other brokers. In this sense, Libertex’s strongest points are as following:

  • Its proprietary platform, which is as strong as MetaTrader or’s with a unique visual flair to it.
  • Offering several platforms and letting traders choose without any repercussions.
  • One of the lowest minimum initial deposits in the market as of now.
  • Its varied range of deposit and withdrawal methods.
  • The variety of assets it manages to offer.
  • Letting users choose between a zero commission/fixed commission scheme.

But for all of its pros, there’s a thing or two that really bothers us. For example its withdrawal fees, it’s average poor customer support and its lacklustre performance in education and regulation.

So, if you’re a trader who’s either in Europe or Africa, we fully recommend Libertex as a broker for you. This applies even more if you’re really into unique trading platforms and diversifying your investments on a broad scale 

However, if you’re new to trading and you’re not in one of those regions, the broker really represents a hard sell. But that’s something that can totally fix for you. As we’ve mentioned, not only because you’ll be protected as a customer and trader, but also because you’ll have access to a much wider range of assets. On top of that, with a platform that’s equally unique to Libertex with only a $20 minimum initial deposit. So, what are you waiting for?

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