Welcome to the Trading Apps review of Libertex, a fully regulated global trading platform founded in 2014. Before we jump in with the review, I’d like to make a personal recommendation for this trading app. Why? It’s extremely fast, has great security and is a great all round app for trading.
| App | Libertex |
|---|---|
| Website URL | libertex.com |
| Founded | 1998 |
| Intruments | Stocks, Crypto, Forex, Indices, Commodities |
| Headquarters | Cyprus |
| Languages | English, German, Russian, Dutch, French, Italian + others |
| Trading Platforms | Web & Mobile Apps |
| Minimum Deposit | €100 EUR |
| Maximum Leverage | 30x |
| Demo Account | Yes |
| Regulated | Yes |
| Pros | Cons |
|---|---|
|
|
Introduction
What is Libertex?
Libertex is a regulated trading platform founded in 2014. The Libertex company however, has been operating since 1997 so it comes to no surprise that they are one of the most experienced trading platforms with years of experience under their belt. Libertex serves over 2 million clients worldwide and has gained over 30 international awards over the years.
Features
- 200+ tradable assets
- Free signals
- Demo account
- IOS & Google Play Apps
- Live trades feed
Trust & Safety
Is Libertex safe?
Yes. Libertex is a fully regulated broker by the EU & CYSEC. The highest security standards are adhered to ensure that your funds and data are kept safe.
- Regulated by CYSEC & EU
- 2+ million clients
- Secure mobile apps (SSL)
- FaceID (IOS devices)
Trading & Account
What can you trade on Libertex?
- Forex
- Crypto
- Stocks & Shares
- Indices
- Commodities
- ETFs
Account Types
Libertex offers 5 main account types. Below you will find a list of the account types and below that, we have provided a detailed summary of each account type. All retail accounts as standard offer zero spreads, no hidden fees, access to 200+ instruments and up to 30x leverage on select assets.
- Libertex Retail Account (Gold)
- Libertex Retail Account (GoldPlus)
- Libertex Retail Account (Platinum)
- Libertex Retail Account (VIP)
- Libertex Professional Account
Libertex Retail Account (Gold)
This account is for regular entry level traders who wish to trade the financial markets either at home or on the go.
Account Requirements
- Minimum deposit of €250
Account Features
- 3% commission discount
- Online chat with customer service
Open a Libertex Retail Account (Gold)
Libertex Retail Account (GoldPlus)
The Libertex GoldPlus account is for traders with a slightly deeper pocket, with a higher minimum deposit than the Gold account. This account is suitable for more frequent traders than the regular Gold account.
Account Requirements
- Minimum deposit of €1450
Account Features
- 4% commission discount
- Online chat with customer service
Open a Libertex Retail Account (GoldPlus)
Libertex Retail Account (Platinum)
The Platinum account by Libertex is a no-brainer if you’re looking at the GoldPlus account mentioned above. For only an extra €50 deposit, you get much higher fee discounts and some other exclusive features.
Account Requirements
- Minimum deposit of €1500
Account Features
- 20% commission discount
- Online chat with customer service
- Priority withdrawals
Open a Libertex Retail Account (Platinum)
Libertex Retail Account (VIP)
Coming in at the top account type for retail accounts, the VIP Libertex account provides traders with a premium trading experience with even higher fee discounts.
Account Requirements
- Minimum deposit of €5,000
Account Features
- 30% commission discount
- Online chat with customer service
- Priority withdrawals
- Premium support
Open a Libertex Retail Account (VIP)
Libertex Professional Account
Libertex not only provides retail customers, they also have a dedicated account for professional traders. Using the advanced Libertex technology, professional account managers can trade the global financial markets using some of the world’s highest execution levels.
Account Requirements
- Financial instrument portfolio of €500,000
- Sufficient previous trading activity
- Relevant experience in the Financial Sector
Account Features
- Professional support
- Advanced trading platform
For more information on professional Libertex accounts, and to open an account, visit this page on the Libertex site.
Leverage
As standard, Libertex offers leverage on many instruments on the platform. Leverage allows you to trade with more than your account balance. This means that you can increase profits, but also, increase losses.
The maximum leverage on Libertex retail account is 30x (essentially you can trade up to 30 times more than your balance).
The maximum leverage on Libertex professional account is 600x.
How to open a Libertex account
Opening an account with Libertex is simply and easy. It only takes a few minutes.
- Download app
- Enter details
Enter the email address and password you would like to associate with the account
- That’s it!
You’re in. Simply fund your account or start with a demo account.
Demo Account
Libertex offers a demo account to every retail account holder when they open an account. You can practice trading on Libertex with all the features with a €50,000 demo balance.
Fees
The fees on Libertex are impressive to say the least. With zero spreads, commissions from only 0.03% and potential discounts on fees, Libertex is a great trading app for those that want to trade frequently, without destroying their profits with fees.
| Deposit Fees | Free |
| Withdrawal Fees | 0-1% |
| Spreads | 0 |
| Trading Commissions | 0.03% |
Deposit & Withdrawal
Deposit Methods
- Credit/Debit Card
- Skrill
- Sofort
- SEPA
- Giropay
- Bank Wire
- Trustly
- iDEAL
- Teleingreso
- Neosurf
How to deposit on Libertex?
For the Libertex Desktop App (laptops & computers)
On the right hand side, click the ‘Fund your account‘ button.
Enter your deposit amount and preferred method, you will then be redirected to make the deposit payment.
For the Libertex Mobile App (iPhone, Samsung etc.)
Open the app and click on the ‘More’ section in the bottom left hand corner.
Select the account you wish to deposit to – the default is your primary account.
Click on the ‘Fund account now‘ button
Select the amount you would like to deposit, along with the payment method and proceed with your deposit.
Minimum Deposit
The minimum deposit on Libertex is €100.
Are there any deposit fees on Libertex?
No – there are no deposit fees on Libertex.
Withdrawal Methods
Libertex offers a wide range of withdrawal methods to suit every traders needs. See the table below for more information.
| Method | Time | Fees |
| Credit/Debit card | 1-5 days | €1 |
| Skrill | Within 24 hours | Free |
| SEPA | 3-5 days | 0.5% (max €10) |
| Bank Wire | 3-5 days | 0.5% (max €10) |
| Neteller | Within 24 hours | 1% |
How to withdraw from Libertex?
For the Libertex Desktop App (laptops & computers)
Go to your account menu in the top right and then click ‘Withdraw funds‘
You should see a pop up like this. Now click the ‘New request‘ button.
Select the amount you wish to withdraw along with the method and then click ‘Withdraw‘. Can’t see your preferred payment method? You can add new ones by clicking on ‘Manage payment methods‘.
For the Libertex Mobile App (iPhone, Samsung etc.)
Go to your account section (instructions above) and click the ‘Withdraw money‘ button.
Click ‘New request’ and proceed with your withdrawal.
Minimum Withdrawal
There is no minimum withdrawal on Libertex.
Are there any withdrawal fees on Libertex?
Yes – there are some small withdrawal fees on Libertex, although this depends on the method you are using to withdraw. Some methods are free to withdraw. To see more details on the Libertex withdrawal methods & fees, refer to this section of our Libertex review.
Bonuses & Promotions
Libertex offers a very nice promotion whereby new traders can get up to 50% discount on trading comissions when they open a retail account. In addition, Libertex offers bonuses depending on your deposit amount, see more information on these bonuses here.
Customer Support
Libertex offers a wide range of customer support solutions to ensure customers are satisfied with their account.
| help@libertex.com | |
| Phone | +357 22 025 100 |
| Live Chat | Live Chat |
Libertex FAQs
Libertex App
Libertex has a brilliant mobile app for Google Play & IOS devices. It is fully secure and packed full of features. We enjoyed trading on the Libertex app during testing and found that it was very responsive and easy to navigate.
Download Libertex App for iPhone
Follow the instructions below to download the Libertex app for iPhone.
- Go to the app download page
- Download the app
- Create an account
- Deposit
- Start trading
Download Libertex App for iPad
Follow the instructions below to download the Libertex App for iPad.
- Go to the app download page
- Download the app
- Create an account
- Deposit
- Start trading
Download Libertex App for Android
Follow the instructions below to download the Libertex App for Android (Google Play).
- Go to the app download page
- Download the app
- Create an account
- Deposit
- Start trading
Conclusion
In conclusion, Libertex is a professional trading application suited to every trader from beginners right through to advanced. It’s an industry leader with years of experience to bring you an un-matched trading experience without any hidden fees. Their customer support is top-notch and we think that this is one of the best trading apps available on the market.