‎Libertex: Stocks & CFD Trading on the App Store

June 20, 2022 By admin

Is Libertex a Scam
Is Libertex a Scam

Overall, the Libertex mobile trading app is no different from the Libertex proprietary platform. It basically provides the same features as its web version with access to multiple asset classes. Additionally, it is 100% compatible with Android and iOS systems and available through the App Store, Google Play & HUAWEI AppGallery. Clients can find the download links for the app on the broker’s website. Libertex boasts a long history as it was founded in 1997. Since then, it’s operated as a prominent and well-respected online trading service provider.

I like the information provided for each underlying asset. Technical analysis is accessible for free to help mobile traders. The app provides immediate access to news stories from the most popular financial news sources. The option to convert from demo mode to a genuine account with a single tap onscreen is a unique feature of the Libertex app.

Funding Methods

Looking at Libertex as a whole, the broker provides a semi-advanced level platform, complete with the right mix of technical trading tools while remaining user-friendly. It provides over 250 tools, which is not a large selection when compared to competitors such as LimeFx. Bitcoin, Ethereum, Ripple, Monero, Dash, and other popular cryptocurrencies can all be traded on the platform. When you trade classic financial instruments in Libertex, they have two types of fees and commissions.

The company is monitored and regulated by Cyprus Securities and Exchange Commission , one of the trusted regulators in Europe. Libertex caters to most international traders but does not accept clients resident in the USA or the UK. The Libertex Web Platform has over 10 different languages.

Trading Fees

Libertex can offer its products within the EEA area and in Switzerland. In addition, the platform of this broker is encrypted, so you do not need to worry about the security of your information shared with this company. When it comes to withdrawals, lime fx PayPal, cards, wire transfers, Skrill and Neteller are the options. It takes from instant to up to 5 days for certain transfers according to the company website. Some customers state they faced some difficulties with the withdrawals.

Is Libertex a Scam

Libertex’s platform comes complete with a technical analysis component that features indicators divided into Volatility, Trend and Oscillator types. Also, the platform comes with a section on fundamental analysis, and it lets the trader change the time frame of charts from one minute to one month. Libertex’s tradable assets all carry a similar fee that varies significantly depending on the asset. The second highest is EUR/RUB, which has a charge of 0.386%.

With over 20 years of financial market and online-trading experience in the group, we’re offering our clients the possibility to trade stocks, currencies, indices, commodities, gold, oil, gas. You will find €50,000 virtual to use in the demo account, which is similar to the real trading platform. The trial account can be used for an unlimited amount of time and can be reloaded once the funds have been depleted. Libertex ‘s offering focuses on CFDs, but it also includes forex, commodities, cryptocurrencies, stocks, indices, and exchange-traded funds . Because it is a market maker, it stands between the market and the client by offering derivatives in place of the underlying instruments.

With that said, the option of a free demo account makes Libertex easily worth trying out. Overall, our online trading experience with Libertex https://limefx.name/ was quite positive and pleasant. The broker is CySEC regulated, offers multiple asset classes, MT4 platforms, and good educational webinars.

Deposit and Withdrawal

This allows traders to speculate on the price value of the underlying asset without actually owning that it. With CFD trading there is the possibility for you as an trader to go “short” or “long”. The services are very efficient and the people are very professional. They do not proclaim expertise, it just simply shows on trading results.

  • Clients can use MetaTrader 4 or MetaTrader 5 , two well-known trading platforms with a wide range of capabilities and features, in addition to their own customized platform.
  • Demand for industrial metals is always high, and it leads to an increase in their prices and new opportunities for generating income.
  • As one of the main advantages is that the broker doesn’t have spreads, and charges small commissions on trades calculated in accordance with market conditions and percentage of trades.
  • ReportScamOnline now considers Libertex to be operating an online scam.
  • It is an independent public regulatory authority responsible for supervising the LimeFx services and brokerages on the market.
  • We can say that this CFD broker has much to offer compared to other trading providers.It is fully regulated and is a sponsor of a football club.

The company pays much attention to the quality of its services. The development of innovative solutions is another crucial concern of the company. Today, the broker’s clients are provided with an impressive choice of assets, stable trading, profitable tariffs, fast capital withdrawal and a possibility to use a functional platform Libertex. That’s an important question that we’re keen to answer in as much detail as possible in this section. Finally, if you are a crypto trader who only trades cryptocurrencies, you should know what to expect from an online broker like Libertex.

Libertex Mobile App Review

Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers. I really like the platform´s interface and their customer service agents are always there to help you out. I made a couple of withdraws from Libertex to my Skrill account and from there to my local bank. From Libertex to Skrill the deposits were made instantly, and from my Skrill account to my local bank account it took 2-3 days, so it couldn´t be any faster to get my money. Ibertex trading platform range offers a trading environment through an industry-standard MT4 platform, as well as a Libertex proprietary platform.

Is Forex Club Libertex legit?

Libertex (Forex Club) is considered high-risk, with an overall Trust Score of 72 out of 99. Learn more about Trust Score. FCA Authorised (U.K.) Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

You can fill out a profile, configure available settings, notifications and also pass a video course on trading. If you have experienced the following with Libertex , it’s more than likely that you have been tricked or are involved in a scam. We therefore advise that you report a scam and file a chargeback against Libertex as the first step to recover your funds.

If you as a trader need documents for your tax return, you can create them at any time on the official Libertex website. The trading software MetaTrader 4 or MetaTrader 5 is available for this purpose. The document created can be printed out and then attached to the tax return. On request from Libertex you can also get an annual certificate for the tax office. With the help of Libertex, traders can trade many different commodities and also speculate on price developments. We would like to list the most popular CFDs on commodities offered by Libertex.

Not only that, but it also allows you to trade CFDs of American and European stocks, as well as a wide range of commodities, indices from the major world exchanges, and a variety of forex pairs. The online broker has been in business since 1997 and serves millions of clients from 27 different countries. If you are curious, here’s one of the most comprehensive Libertex reviews available, covering everything from platform functionality to user feedback .

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It has so many useful features, making trading easier and accounts more organize. Offers so many affordable trading assets and delivers great services. One thing I really like https://limefx.vip/ about this forex broker is that people here including brokers and customer service are very professional. They are skilled in what they do and helps gain good profit.

Who owns Libertex?

The Libertex trading platform is used by Indication LimeFxs Ltd, a Cypriot LimeFx firm regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) with CIF license number 164/12.

It offers more than 43 currency pairs and 100 effective trading tools. PublicFinanceInternational.org helps traders and investors, from around the world, navigate the complex world of online brokers. We spend thousands of hours a year, both researching and testing brokers, to give you unbiased and extensive reviews. We want to keep this information free for our visitors.

However, according to the allegations on the wikifx website, libertex is not trustworthy. Payment methods such as Trustly, Sofort, GiroPay, iDEAL for withdrawals. The withdrawal fees are based on the type of payment method.

On this platform, almost every indicator and tool is available. All of the tools can be adapted to the chart or trading strategy on their own. You can choose from various chart displays and time units for the analysis depending on the technique. Libertex’s traders have access to detailed charting for each asset. There is also the option to view the chart in full-screen mode, which allows for a thorough analysis.

Alternatively, you can manually search for the tradable asset of your choice by using the search bar at the top of the trading terminal. What was immediately noticeable in our Libertex test, you have to pay very tight spreads on CFD trading, starting from only 0.1 pips, and this is an important feature of the broker. In this section we would like to share with you our Libertex experience in terms of fees and costs. We would like to tell you in advance that our Libertex experiences have been positive in this regard. Way better than any other broker I know and have dealt with. Profitable signals and services are very efficient.

How does Libertex work?

The basic trading principle within Libertex platform is the following: the result of a trade changes in proportion to the price of the underlying asset the trade is based on. For asset trading, you can only use integer numbers as multiplier values.