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I am a binance trader but I can say comparing both that you have a best customer or affiliate rewards program. That is why I am going to continue using your web and also the mining BTC option is great. 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. There are several free indicators and sketching tools available with this broker.
This means that you have the choice of either withdrawing via bank transfer, PayPal, credit/debit card, Skrill, Jeton, or Neteller. Then it’s just a case of limefx website clicking on one of the tabs that allows you to trade CFDs on crypto. All of which makes for a very straightforward way to experience CFDs crypto trading.
Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. I like the cryptocurrency CFDs selection and the competitive commission-free trading crypto CFDs environment at Libertex. Beginner traders get educational materials, and I recommend they consider them.
Customer support is available via e-mail and phone. The FAQ section answers a range of questions, and Libertex states its response time as one business day for e-mail queries. A separate help and support section exists, but the separation from the FAQ section is not ideal. A direct line to the finance department would be an improvement. Users caught spamming or abusing will be deleted from the site and prohibited from future registration at thatsucks.com and affiliates. We recommend staying within the range of good taste and respectful language to avoid any unpleasantness.
LIBERTEX FROM MY LENS
We are committed to the fair handling of reviews and posts regardless of such relations. Two months ago on Oct 17, I placed a withdrawal request which was rejected one, two, a number of times. Each time they requested a different document, supposedly for AML verification. I’ve also posted this review on the fxclub.com page as this is the same company.
- Forex trading will commonly see a commission fee that varies from 0.0003%.
- The firm may suffer financial difficulties, but the traders can be assured that their funds are held separately in segregated bank accounts.
- I will keep this broker service and will recommend this to all.
- There are no deposit fees and your funds are credited to your account instantly except for wire transfers that take between 3-5 days.
They have helped me recover some losses from my previous brokers. Do your own research, read more about CFD-s and brokers that you are going to invest in. Liberetex outlines the ease and flexibility of using its mobile platform. Libertex is regulated by a European regulator – CySEC. Thus, it adheres to strict client safety protocols such as the segregation of client funds and providing a negative balance protection policy.
Big scammers
We found that Libertex has managed to put together a very user-friendly and stylish trading site. While some brokers like to hide behind lots of complicated jargon, our Libertex review found that this site is great for newcomers to trading. This is because the brand puts forward all of the relevant values https://limefx.club/ for trading CFDs on forex, shares, and crypto. Many reviews say it’s a good place to start investing, from the demo account to the live account. It should be noted that the majority of the comments are written in a foreign language, and there is no shortage of negative and constructive criticism.
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. Demo accounts are available on the web and through mobile apps. On the Libertex website/app, switching between demo and real mode is simple, which allows users to take advantage of quickly shifting market situations. The Libertex platform is great in many regards, with fast execution times that can help users gain a competitive advantage.
Is Libertex a Legitimate Trader or a Scam Broker?
This broker service had provided me with the best services, the best signals, and the easiest withdrawal process. Deposits are commission free but you may be charged a commission for withdrawal depending on the payment method you choose, if you withdraw through Skrill or PayPal it’s commission free. Libertex traders can also identify unique trading opportunities via the trading signals from the top-rated third-party provider Trading Central.
Users can easily deposit funds to their accounts and can request withdrawals anytime. 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. Libertex offers costs through the 0 spreads at all times, with the service cost calculated as a trading commission through a specified percentage according to your opened position.
For instance, the FTSE 100 index is a measurement of the price performance of the 100 major companies that make up the LSE. Index trading gives investors full exposure to a country’s economy or sector, with a single trade. CFD trading comes with several added benefits such as the ability to go long or short. This means that if you forecast that the price of the underlying asset will rise you buy and if you believe that the price will drop you sell.
In this Libertex review, we explore how the platform provides its broker services for CFD trading. The broker provided excellent customer service, when I had some difficulties with understanding the trading platform system. Among the brokers I have used in the past, they have the most advanced trading platform. It has so many useful features, making trading easier and accounts more organize. Overall, the Libertex mobile trading app is no different from the Libertex proprietary platform.
Fast execution of trades is more practical for day traders and helps them get a competitive edge. The platform offers flexible methods to pay through wire transfer, VISA credit cards, and electronic payment gateways such as iDeal, Giropay, Rapid Transfer, Neteller, Sofort, Skrill, and Trustly. They’ve been very professional and easy to deal with. I had a very positive trading experience with this broker. I am very happy to trade with this broker, they are one of the best. They act so professional and are very accomodating.
According to these standards and our Terms of service we can request documents in order to verify clients’ identity . Please, contact our Customer service department to resolve the issue. The agent who attends me is 24 hours to respond, the “analytical support” to solve my case is more than 5 days to verify a clear error of the platform . Please read Libertex Reviews below and share live trading experiences with this broker.
How to open your account
Libertex serves clients from more than 100 countries and provides access to well over 250 financial instruments. In contrast to most of its competitors, Libertex keeps its brokerage offerings as simple and streamlined as possible. After all, this CFD broker focuses mainly on CFD derivatives trading and covers just over 200 markets. This includes a wide range of stocks, cryptos, indices, ETFs, and more.
- Many reviews say it’s a good place to start investing, from the demo account to the live account.
- The latest Libertex review suggests that the company operates illegally and without a proper financial regulatory license.
- Not all options are available to every trader, dependent on their geographic location.
- Button at the top of the screen and entering the asset you wish to compare.
For negative side, education is missing, proposal might be more suitable for experienced traders. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Libertex caters to most international traders but does not accept clients resident in the USA or the UK.
Also, always consider rollover or overnight fee as a cost, which is charged on the positions held longer than a day and determined by the particular instrument. The example of swaps you may also see in the table above. The back-office handles withdrawal requests at Libertex, including Skrill and PayPal.
Is Libertex A Scam?
One thing I really like 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. As we’ve mentioned above in our Libertex.com review, trading costs with the broker vary depending on your account status level. Moreover, larger funded accounts have a much higher status level with more significant discounts on spreads and commissions. If you’ve never heard about regulatory authorities and especially The Cyprus Securities and Exchange Commission, then let us inform you that CySEC is quite a big deal.
Even AtoZ Markets is not responsible for any of the information. Also, in case you prefer to use market proven software MetaTrader4 you still having this option with Libertex. Traders may open a demo account directly from the MT4/MT5 trading platforms, and I did not find a time limit or any other restrictions, which is good.
We recommend reading the Libertex terms and conditions for additional details. The best chance for a successful chargeback is to start the process as soon as possible. A request to settle a debt, taxes or other amount owing and to send money via courier, prepaid bank card or gift card.
Libertex is an award winning brand, a multinational brand since 1997. The demo account allows you to perform all types of trades that are available on the real account, testing your trading strategies and getting used to the platform without investing real money. Libertex security is implemented at every end-point. A client funds segregation is also implemented by this broker.
