For today´s article on Best EA Forex, we have a very different post this time. So, we are doing a Libertex review, which is a Forex broker with over 20 years in the market and is very popular. You must have heard about it already, and you might even use it as well. So, for this time, we are going through all the most important aspects of it, from the basics to legal information.
Also, make sure to stay tuned because we are coming in with many other brokers’ reviews on this website. That way when you are reading our articles you can easily find the broker that works best for you and what you want to achieve. Let´s not forget that having a good broker is a key point to succeeding in the Forex market. Because we have already seen how much trouble and disadvantages you can get from using the wrong one. So let´s be smart and find out some of the best brokers that operate on both the MT4 and MT5 platforms!
Make sure to share this Libertex review with other traders who might need it, especially new traders in the industry. Don´t forget to post your thoughts and opinions by the end of the article and let us know if you have tried this broker already. So, let´s get started!
What´s Libertex about?
Libertex is a highly innovative tool that helps you trade on the Forex market. It works as a broker and a system that can easily help you achieve any of your desires in the industry. And it can easily be customized to meet your expectations and goals with your account. Also, even if you are just getting started with it or you are a professional trader already, you can get good benefits from it. The Libertex broker provides you with over 250 different instruments, tools, and services that you can choose from. So, you can try any of their vast majority of products on Forex, cryptocurrencies, stocks, oil and gas, commodities, hot assets, metals, and ETFs.
Also, as this company has thousands of millions of clients, it operates using 15 different languages that you can customize to your needs. This software is available in many countries worldwide as well. So, no matter which continent you live in, you can give it a try. When you search online you can find other Libertex Review articles. But our goal is to make it easy for you to understand everything. As far as this Libertex review goes, we got so much more information to disclose about it! So make sure you are not missing out on trading using this amazing broker.
Libertex Company Details Overview
Libertex is a highly popular international Forex company that has been in the market since 1997. It sells brokers for traders to use on their accounts on the market. And they have a very wide and vast range of products online that you can choose from. Also, there are many different types of investments you can make while operating using this software. It can go from the basics using stocks or metals, to commodities, cryptocurrency, agriculture, or gas. So, the possibilities are almost endless, and rely 100% on you and what you wish to achieve with them.
Libertex is part of the famous Libertex Group, they have been in this industry for 23 years now, and operates in 23 countries across the globe. And they are a very reliable and trustworthy broker because throughout the years they have won different awards and such. Also, you get to choose from over 213 different assets to trade with, depending on what you are looking for. This company is responsible for over 2 million Forex accounts worldwide. And plenty of those clients, have been highly successful traders since the very beginning. So, if they were able to succeed using this broker, why can´t you be one of them!? Nothing is stopping you, but you. Make sure to jump in with this company as soon as you can! And you will see how your performance while trading changes for the better.
When it comes to the legal part of this company, there is nothing we have to worry about. On the official website, you can easily find this information if you want to know further on the subject. So far, this company is fully regulated by the Cyprus Securities & Exchange Commission. But, what does this exactly mean then? The CySEC is an authority that protects traders and their accounts from invasive companies and brokers. So, it is a firm that provides credibility to traders and allows you to know whether or not a company is trustworthy in the business.
Trading Platforms Supported
As we have been disclosing all subjects on this Libertex review, we have said some things about the trading already. But, we are getting into detail into this section to provide you with the best content. So, the first thing to say is this software has a very user-friendly platform that everyone can easily use. There are many guides and videos online if you have some trouble, but the interface is easy to understand. But, if the web platform is not for you at all, then you can easily switch up to the trading apps. These are available for both Android and iPhone, and you can do the same things as you would with your laptop. And the Libertex platform has two different trading forms available for you to choose. The first one is the one Libertex created, and the second one is the basic MT4 everyone knows already.
This broker supports the MT4 only, so if you are looking to trade on the MT5 as well, this one might not be for you. Also, the minimum deposit you can do as soon as you get started is 100 Euro. So, the size of your account is not a problem because you can choose the one that fits you best.
Assets & Markets
Finally, in this part of the Libertex review, we get to go through the different options we have to trade. So, as we said before, there are 213 different assets that you can choose from to trade with. These go from the basic stocks, precious metals, and Forex currencies. But, you also get commodities, oil and gas, agriculture, ETFs, indices, cryptocurrencies, and hot assets. And you can choose from a wide range of options depending on what you wish to accomplish with your account.
Some of the stocks offered include the famous ones from Google, Apple, Coca-Cola, Nike, Adidas, Amazon, and such. So the range goes from all the most famous companies in America to the rest of the world. You will be surprised by the gems you can find there! Into the currencies you get a good selection as well, going from Bitcoin, Litecoin, Ethereum, and some altcoins too. And for the metals, apart from the basics gold and silver, you also get copper, palladium, and platinum.
Deposit and Withdrawal
As we have gone already through some of the most relevant parts of this Libertex review, we have to let you know about the payments as well! So, the first positive thing to mention is you don´t need to make a huge first deposit to start trading with this broker. Because, unlike some famous systems, you only need at least 100 EUR to open your account. So, it is up to you to choose how big or how small you want your account to be at first.
When it comes to the platforms available to make the funds for your account, there are far too many to choose from. And you get full security in all of them as well, which is one of the most important things because you don´t want your money missing. So, right now you can use international credit cards, bank transfers, Neteller, and those types of easy transfer apps and websites. But, sadly PayPal is not supported at the moment.
And, for the withdrawal process, the website doesn´t accept transactions from third-party websites, and the pending time may vary. Some of the reasons your payment might be taking longer than usual it´s because of the platform you are using to get your funds. Also, if you withdraw your money outside of working hours, then you will have to wait for the next day. In some very specific cases, you might have to pay a fee after transferring your money. And you can choose the currency as well, so it can be euros or dollars.
An important note to keep in mind is you can withdrawal your money from Libertex even if you are using the mobile app. So it doesn´t matter what device you are working with, you can still request to get your money. Some of the platforms supported to get the funds are Neteller or bank transfers. So choose the ones that work best for you.
Mobile Apps Available
Into this Libertex review, we strike just to give you all the resources and information you need to easily succeed using this software. So, now we can talk about a subject that resonates with traders the most, especially younger ones. Libertex has many platforms that you can use to operate with the platform, and there are special apps for that. At the moment, you can get these apps on both the AppStore and the Google Play Store. So, it doesn´t matter what kind of device you own, you can still get the app. The best part about these apps is they are user-friendly and very easy to understand and figure out. And you can do all the same things on the go as you can do from your computer.
Libertex Accepted Countries: EEA
But, sadly, if you live in the United States, Brazil, New Zealand, South Africa, Australia, Japan, Canada, or the Russian Federation, then you won´t be able to use this broker.
Although, you don´t have to be discouraged if your country is not supported by the platform right now. So far, since this broker came out to the market, it has gone through many different test phases. And it has been able to match many countries’ regulations and laws. So, keep an eye open because you never know if your country might be able to support it soon! Remember that Forex is a business that keeps growing day by day, and this amazing company will try to reach people from all across the globe.
Customer Service & Support
In all of our reviews, we provide information about the companies behind the services we recommend. So, in this part of the Libertex review, we are highlighting some of the ways you can get in touch with this company. For us, as traders, having customer service available is as important as the good performance of the service. But no worries, this time the developers and the team behind this broker have created tons of different ways traders can reach out to them.
Some of these are already listed on the official website, so even if you are not their client yet, you can still contact them. We can find a section of frequently asked questions online, a section for news, and a blog. These little things allow traders to feel welcomes in the community and trust the company even more. And that´s because they don´t feel like they are people who are out of reach, but instead, a group of traders who will help them in their journey.
Right now, the Libertex company has customer support available through WhatsApp, email, phone calls, by filling the customer support form on the site. And also you can get in touch with them through live chat, skype, and Facebook messenger.
So, as you can see, there no limitations when it comes to being able to talk to them if needed.
Benefits & Drawbacks
- You can easily customize your account by doing all the different changes and updates you need.
- The Libertex company is highly trustworthy and reliable in the market.
- There are many ways you can contact customer support if you need to.
- You get a very vast range of assets to choose from before trading.
- There is a demo account available to use before you start trading with real money.
- The software´s broker is not available yet in all countries worldwide.
Conclusions Libertex Review
This part is the end of the Libertex review already. We disclosed all the major key points you need to know before your decision of operating with this broker or not. But, we need to hear you right now, would you use this broker? As traders with years in the industry, we recommend it because it is one of the safest ones in the market right now. But, we do understand there are still some limitations like the supported countries. And also the fact that it works on the MT4 only can be quite a dilemma. But besides, all the experiences we have had with it have been positive. Also, you get really good security for your account and investments, which is a huge plus.
So, if you have used or are using this broker currently let us know what do you think of it! We recommend it 100%, but we want to hear about your experiences as well!