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Libertex Cryptocurrency Review: Learn About This Well-Known Crypto Trader

Last updated & tested: 2019-07-23

Libertex, one of the best crypto broker, has carved out a special place for itself in the last 20 years and become the most trustworthy name in the world of cryptocurrency.

As a renowned cryptocurrency broker, Libertex lets the investor chose from two dozen cryptocurrencies. In our broker comparison, we discovered that with Libertex Cryptocurrency platform, an investor can invest as free-standing asset or as a currency pair with fiat or another cryptocurrency of their choice.

Highlights
  • Global award winner
  • The best cross-platform solutions
  • One of the best crypto brokers
  • Years of experience
10.
of 18 Crypto Broker
Libertex
Libertex Experience
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
Headquarters and regulation

Cyprus (CySEC)

Tradable crypto currencies

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Dash

Number of crypto currencies

40

Market Model

Market Maker

Trading platform

MT4, MT5, Broker-owned Software

Mobile Trading & Apps

Demo account

Yes, unlimited

Fees / BTC spread

0

Minimum deposit

£ 100

Services & additional benefits

Live
Hotline
E-mail
Economic Calendar
Videos
Courses/Seminars

1. Trading Offer

1. Crypto Trading Offer: Cryptocurrency Trading, Investment, Returns and More

Libertex Cryptocurrency trading platform, the world leader in cryptocurrency brokering has deservedly earned the title of the best. It not just offers 40 CFD opportunities which are based on 19 different cryptocurrency prices. Libertex bitcoin trading platform being the pioneer as it is, it gives the exclusive opportunity to its investors to invest in CFDs for some of the digital currencies that are not offered by others. The investors can choose between investment as fundamental assets or even in currency pairs.

On the Libertex Cryptocurrency trading platform, you will find the following options in various forms.

40
Crypto currencies
Number
44
Other currency pairs
Number

Ethereum Classic (ETC), Ethereum (ETH), Bitcoin (BTC), Nem (XEM), Ripple (XRP), Bitcoin Cash (BCH), Dash (Dash), Litecoin (LTC), OmiseGo (OMG), IOTA (MIOTA), NEO (NEO), Monero (XMR), EOS (EOS), Stellar (XLM), QTum (QTUM), Stratis (STRAT), ZCash (ZEX), Cardano (ADA), Tron (TRX).

According to our extensive Libertex crypto review, Libertex by and large offers the most varied assortment of cryptocurrencies, far surpassing any of its competitors.

The best news for potential investors is Libertex offers half of its trading fee for all the digital currencies. It is a clear win-win for the investors who not only get a variety of cryptocurrency to choose from but also pay significantly less trading fee.

Trader Rating
Libertexreview_summary_group_1_image
  • Offers over a dozen cryptocurrencies
  • Low trading fee
  • One of the best crypto trading platform
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
2. Costs

2. Crypto Trading Costs: Transaction fees, Cost Calculations, Spreads and Commissions

Unlike any other brokerage, Libertex has taken a novel approach to reduce trading costs for investors. Another brokerage can trick investors and charge hefty amounts under the various pretence of spread, commission etc. They simply pile up the net charge for the investors even though they use the same system. But at Libertex, there is a simple “trading-fee”. It is the only commission free broker.

For every open position on the platform, Libertex charges a trading fee. The best thing about the system is that it is all considered before the investor actually places the order, thus he stays fully abreast of all charges. The transparency in the system attracts the buyers.

0
BTC Spread
1:2
Max Lever
£ 100
Min. deposit
Market Maker
Market Model

It is easy to navigate the fees. One can easily do it by taking note of the projected fees on the Libertex trading platform. This evades the danger of facing stupendous and hiked fees by other brokers.

While conducting our Libertex crypto review, we found that an additional standard fee is also charged for holding assets after the market shuts down. Libertex offers very standardised rates but the calculations and the clarity of presentation of fess makes it very user-friendly for investors who can trade with much-needed ease.

Trader Rating
Libertexreview_summary_group_2_image
  • Commission-free broker
  • Simple trading fee structure
  • Standardised rates
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
3. Account

3. Accounts: All in One Account For Hassle-Free Trading

The outstanding approach that Libertex has taken is that of having only one trade account. It makes the process so much more hassle-free and convenient. A 1:30 leverage can be used. The account needs no spread at all and the broker just takes a commission for few assets. The simplicity and usability make it the most practical choice of the happy 2 million plus global customers who daily trade using Libertex and easily make a profit only to return and invest more.

A new investor can benefit from a demo account, currently available for all three trading platforms. It is a recent inclusion which lets the user grasp a proper understanding of the product before they sign-up.

Though most brokers offer demo accounts of 10,000 even up to 100,000 dollars, Libertex Cryptocurrency platform offers only 5,000 dollars. The good news to it is that the demo account at Libertex is actually unlimited so you can go on adding refills as and when the investor might choose.

Not just virtual funds, as an investor, you might decide to use a small amount of investment which can act as leverage. It can be done immediately after you open the account. Choosing real money over the virtual money generally works in the favour of the investor as they avoid taking of uncalled for risks.

Trader Rating
Libertexreview_summary_group_3_image
  • All in one account
  • Demo account offered
  • Unlimited access to demo account
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
4. Platform

4. Crypto Trading Platforms: Libertex, MT4, and MT5

Libertex is very IOT friendly making it compatible with all your devices according to our findings from Broker Comparison – Crypto Trading Comparison. So choosing from the preferred assets, the amount to be invested and the direction all becomes very easily doable across a single platform. Also, you can trade using:

Libertex Platform

The development and design of Libertex platform have received praises from many. What makes it truly unique and one of a kind is its navigation is devoid of any complication. The product fits well. It also offers virtual money of 5000 dollars in its demo account so you can grasp the usage before your actual investment or participation.

MT4
metatrader
MT5
metatrader
IOS
Android
Broker owned Software

Libertex and the Metatrader 4

If you are a pro in the world of cryptocurrency, you must be aware of Metatrader 4 or MT4. It is considered to be the best and the most popular currency platform that is presently available in the market.

Libertex and the Metatrader 5

Based on our thorough Libertex crypto review, we can say that while MT4 works as a currency platform, for the ease of crypto traders, Libertex has created a separate crypto platform called Metatrader 5. It is specially designed and laid with benefits to garner the best crypto trading experience. MT4 and MT5 together contribute to making Libertex the path-breaking leader as cryptocurrency broker, according to our crypto broker comparison.

Trader Rating
Libertexreview_summary_group_4_image
  • MT4 available
  • MT5 available
  • Own software available
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Risk warning: Capital can be lost. Terms and conditions apply.
5. Usability

5. Usability of the Website: User Interface, Educational Material and Trader-Friendly Environment

Libertex is a global brand with over two decades of experience in the financial sectors. It offers a simple and user-friendly interface along with market analysis reports to help traders. With amazing security features, you can work on their platform without worrying about the security of your financial transactions.

Libertex has a clean user interface which is easy to browse even for the new clients. And if a client does need a little help, they can find a lot of helpful tips and articles in the education section. Libertex also has a blog that’s updated regularly.

It is one of the international leaders with over 30 awards from various global organisations. Libertex offers 0 spreads and 0% withdrawal commission if you’re in Latin America. Also, it offers up to 1:30 leverage, which makes it an attractive option. All this information is easily accessible on their website.

With as many as 170 trading assets and a reach in 27 countries, Libertex is a favourite broker for several customers. Funding and withdrawal are very easy and there is a lot of online help on their website if you ’re stuck somewhere.

If you’re unable to find an answer in their education section, you can open a ticket and request help. They generally reply within a few hours and help the clients out.

Trader Rating
Libertexreview_summary_group_5_image
  • Good user interface
  • Education material available
  • Helpful articles
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
6. Support

6. Customer Support: Efficient and Friendly Support Staff Round The Clock

There is a detailed and comprehensive FAQ page on the website. You can find it on: support.libertex.com. On this Libertex bitcoin trading platform, the FAQ comprises of the most practical questions and solutions to it. There is no unnecessary information and you can expect to quickly find solutions to any problem that you may encounter. The page enlists several ways of getting in touch with the broker. It can be done through email, the phone even an option of live chat is there. The detailed response and problems enumerated along with their solutions make their FAQ page extremely impressive.

E-Mail
Telephone
Live-Chat
On the spot

The Libertex bitcoin trading platform support has received many accolades. The most popular choice is the Livechat. At the push of a button, you will be put across a support system providing you with answers to all your queries. Unnecessary use of jargon and the promptness of action from the support led it to win many prestigious awards from all across the globe. It is recognized as one of the best support systems.

If you like the conventional method of sending emails then direct it to [email protected] for further clarifications. Alternately you can also reach out via +357 22 025 100.

Trader Rating
Libertexreview_summary_group_6_image
  • Live chat feature
  • Phone and email support
  • Exhaustive support page
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
7. Payment

7.) Methods of Payment: How To Pay, Where to Pay

Like other trading forums, payment options depend on where users reside. There are not too many options for payment to choose from and doesn’t really change in different regions. A simple bank card can be used to make the fund transfer. Bank transfer is also accepted. For those who might choose an online payment option, you can consider using Neteller or Skrill. It is better to setup an account so that you may explore the payment methods that are available to you depending on the type of leverage that you may seek.

  • banktransfer
  • creditcard
  • paypal
  • skrill

If you wish to withdraw all your profits, you can either chose to do so in your bank account by using a bank wire transfer or you may choose to make a withdrawal through the use of Skrill. For bank transfers, you have to make a minimum withdrawal of 20 dollars and the maximum has no limit set. In case you are using Skrill, the transaction has to fall within the range of $1 upto $500.

Third party deposit and withdrawals are not allowed to ensure the safety of the account holders. It is mandatory that account holders carry out transactions be it deposit or withdrawal.

The company also has the legal right to reserve funds and returns to a sender in case of inactivity for a duration of a month or more.

Trader Rating
Libertexreview_summary_group_7_image
  • Minimum withdrawal $20
  • Skrill available
  • Not too many payment options
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
8. Offers

8.) Additional Offers: Extra Benefits, Perks, and Monetary Bonuses

The Libertex Group has a whole list of bonuses and offers on their list of Terms & Conditions only after they sign in as a member.

The users can view all the offers available for them on their account portal that is renewed all year long.

The bonus section of the Libertex portal usually flocked with heavy traffic is a hit amongst its satisfied group of customers.

E-Mail
Economic calendar
E-Book
Videos
Courses or Seminars
Demo Account

Some of the annual bonuses and offers include:

Revenue Share Plan

Libertex enlists some of the best and the most qualified traders through its advanced web portal. Clients who opt for the Revenue Share Plan are accredited with some percentage of Gross Revenue sum that is generated by the top listers.

The Gross Revenue which is more or less equivalent to the Revenue generated by Spreads with no chargebacks and only bonuses has a pay-out for a lifetime.

When a beginner creates a Libertex account, the customer is offered a free educational ebook, with 10 lessons developed by the Libertex experts to help understand market trends.

Libertex offers Referral bonuses equivalent to 5 percent of the earnings made by every person who is referred to, throughout the subscription lifetime.

Trader Rating
Libertexreview_summary_group_8_image
  • Good bonuses and offers for registered members
  • Revenue share plan
  • Free ebook
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
9. Regulation

9.) Regulation & Deposit Protection: How Safe is Your Investment With Libertex

The CySEC, is not only an esteemed oversight organisation but also the monitoring body of Indications Investments Limited, the godfather of Libertex.

The company is strict in its vigilance on both traders as well as the brokers who do not offer legal and authentic services.

The users can count on the diligence of CySEC and its oversight.

CySEC
Regulatory Authority
MIFID II
Yes
20000
Dep. Protection

In addition to CySEC’s overlooking and surveillance over Libertex’s operations and functioning, the brokerage is also an eminent member of Finacom, the Financial Commission which is an independent and autonomous organisation that provides its customers with a guaranteed unbiased conflict resolution service amongst traders and brokers from across the globe.

All sorts of grievances and complaints put forth by the traders against their brokers are solved by the Finacom experts.

Being a renowned member of the group- Investor Compensation Fund puts a final stamp on Libertex’s authenticity and reliability. With the influence of this scheme, all the libertex’s clients own the right to claim for refund, paybacks, and compensations and in case if the company is unable to do so, the customers and clients, by all means, can file a legal complaint against the broker.

Trader Rating
Libertexreview_summary_group_9_image
  • Cysec authorised
  • Finacom experts resolve issues
  • Strict trader vigilance
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
10. Awards

10.) Awards : The Award-Winning Crypto and Forex Broker

Libertex has been showered with awards and recognition for their pioneering service, their outstanding product, and unparalleled platform and their awesome customer support experience. Over 30 international awards from the best in the industry show the promising future of Libertex that lies ahead of it.

The most noteworthy recognition or award received by Libertex are “The Best Broker”,2016, at the Forex Expo Awards, and “Brand of the Year” at the EFFIE Awards. There are plenty more awards to the kitty of Libertex. These awards significantly point to the bright prospect of Libertex.

As a recognition for their creativity and adaptability, Libertex was highly recognised in 2017. The stand-out awards from 2017 were:

  • Best Forex Trading App
  • Best Trading App
  • Best Cryptocurrency Broker, all at the Forex Awards to name a few.

The industry leaders, the forecasters have nothing but praises for Libertex. Great things are expected as they have achieved so much. Libertex is known for its drive to evolve and stay relevant. The 2 million happy customers are ready to stand by Libertex as they welcome more and more new clients.

Trader Rating
Libertexreview_summary_group_10_image
  • Won best Trading App
  • Awarded with best Forex Trading App
  • Best Cryptocurrency Broker
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.

Conclusion: Here’s why Libertex are a winning Crypto Broker

Libertex stands out from other brokers because of their commitment to standard. They have set a bar for themselves and stay true to it even over the years. Now not just limited to the 27 countries, the brokers are gaining license and penetrating deeper markets that had been unreachable and untapped till now. It is spreading its reach far and wide and becoming available to more and more global customers.

The cross-platform solution at Libertex comprises of two well-known platforms, merged with one of their own. That adds to the uniqueness of Libertex. The Metatrader 4 and 5 in association with the Libertex platform offers the most comprehensive system which blends convenience and practicality. Clients are immediately put at ease by the simple usage.

The option to choose from 170 common yet highly profitable assets makes it a highly coveted option in the world of crypto. For currency pair, the choices on offer are stocks, crypto, commodities such as CFDs.

The recognition in form of awards speaks volume of the work Libertex has been doing in the past two decades. 30+ awards show the determination and the strength Libertex has shown over the years. The constant developing and hardworking character of Libertex holds the promise of a great future.

Strengths

  • Regulated and licensed, part of an international group
  • Only commission, no spread
  • Limited risk exposure
  • Crypto leverage up to 1:2

Weaknesses

  • Only 2 account types - Standard and Demo
  • No E A s
Test result
Total

Ratings
0
Broker
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
Libertex
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.

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