Libertex review

Spread from

0.0 pips

EUR/USD spread

Approx. 0.2 pips

GBP/USD spread

Approx. 0.5 pips

Commission

Instrument/platform-dependent; from 0%

All-in cost, EUR/USD

Approx. 0.7 pips

Spread type

Variable

Overnight swap

Both: overnight financing may be charged or credited; swap-free instruments available

Inactivity fee

€10/month after 180 days inactivity

Withdrawal fee

PayPal free; Skrill/Neteller 1%; cards €1; bank wire 0.5%, €2 minimum/€10 maximum

Currency conversion

Conversion charge applies where account and instrument currencies differ

Cost is where brokers in the same regulatory bracket actually differ.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Libertex lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Stocks, Indices, Commodities, Metals, Cryptocurrencies, ETFs, Bonds, Options

Currency pairs

45+

Total instruments

1,000+

Crypto CFDs

Yes

Maximum leverage

1:30

Execution model

Market execution / principal

Execution speed

Under 100ms

Order types

Market, limit, stop, stop-loss, take-profit

Servers

European/global financial data-centre infrastructure

Leverage is capped at 1:30, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.

Libertex covers forex, stocks, indices, commodities, metals, cryptocurrencies, etfs, bonds, options. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, bank transfer, paypal, skrill, neteller and regional payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

Libertex, MetaTrader 4, MetaTrader 5

Own platform

Yes, Libertex

Mobile app

Both proprietary and third-party

Browser trading

Yes

Automated trading

Yes, MT4/MT5 Expert Advisors and automated trading

Copy trading

No

Indicators

100+ analytical tools on MT4; extensive Libertex/MT5 indicators

Third-party tools

MetaTrader 4, MetaTrader 5

API access

Yes, institutional/partner connectivity

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

Regulated by

CySEC (164/12); BaFin cross-border registration

Regulator tier

Tier 1

Register entry

CySEC CIF Register, licence 164/12

Client money segregated

Yes

Held at

Regulated credit institutions

Negative balance protection

Yes, retail clients

Compensation scheme

Investor Compensation Fund up to €20,000 for eligible clients

Audited by

Independent external auditors

Not available to

United States, United Kingdom and other jurisdictions where Libertex services cannot legally be provided

Across a hundred brokers, the licence is what separates the field fastest.

Libertex holds tier-one authorisations from CySEC and BaFin. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

BaFin regulates in Germany under EU rules, including the 1:30 retail leverage cap.

Client money is held separately from the firm's own money, at Regulated credit institutions. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by Investor Compensation Fund up to €20,000 for eligible clients, which pays eligible clients up to its limit if the firm fails owing client money.

Check the licence yourself: the CySEC register of investment firms.

Minimum deposit

$100

Account types

Libertex CFD, Libertex Invest, MT4 Market, MT5 Market, Professional, Demo

Account currencies

EUR, GBP, CHF, PLN

Islamic account

Yes, swap-free instruments/account functionality

Demo account

Yes

Professional account

Yes

Minimum trade size

€20 on Libertex; 0.01 lots on MetaTrader

Time to open

Typically a few minutes

Libertex runs 6 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: EUR, GBP, CHF, PLN. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is €20 on Libertex; 0.01 lots on MetaTrader. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Deposit methods

Visa, Mastercard, bank transfer, PayPal, Skrill, Neteller and regional payment methods

Withdrawal methods

PayPal, Skrill, Neteller, credit/debit card, SEPA and international bank wire

Deposit time

Instant for many electronic methods; bank transfers follow normal banking settlement times

Withdrawal time

E-wallets generally fastest; cards and bank transfers can take several business days

Minimum withdrawal

€0 bank transfer; €10 PayPal/Skrill/Neteller/cards

Local payment methods

SEPA; PayPal and jurisdiction-specific electronic payment methods

Withdrawals are stated at E-wallets generally fastest; cards and bank transfers can take several business days, against Instant for many electronic methods; bank transfers follow normal banking settlement times for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: paypal, skrill, neteller, credit/debit card, sepa and international bank wire. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is €0 bank transfer; €10 PayPal/Skrill/Neteller/cards - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Support hours

24/5

Contact channels

Live chat, email, phone, Help Centre

Languages

Multilingual

Telephone

+357 22 025 100

Email

info@libertex.com

Live chat response

Typically under 2 minutes

Education

Extensive: trading courses, educational articles, webinars, tutorials and platform guides

Research

Market news, technical/fundamental analysis, trading ideas and market commentary

Support runs 24/5. Round-the-clock cover matters more than it sounds: a position held over a weekend or through an unexpected halt is exactly when you need somebody to answer.

Reachable by live chat, email, phone, help centre. A published telephone number is the one channel that is hard to fake and hard to ignore, so whether there is one says more than the number of channels does.

Languages: Multilingual. Being able to raise a complaint in your own language is worth more than it appears, because complaints are where precision matters most.

Education: extensive: trading courses, educational articles, webinars, tutorials and platform guides. Treat broker-published material as an introduction rather than as advice - it is produced by a firm whose revenue rises when you trade more.

Legal entity

Indication Investments Ltd

Company number

HE 290930

Headquarters

Limassol, Cyprus

Founded

1997

Publicly listed

No

Parent company

Libertex Group

Employees

700+

Also trades as

Libertex; Indication Investments

Libertex has been trading for around 29 years, through at least one full market cycle. Longevity guarantees nothing on its own, but a firm that came through 2008 and 2015 has been tested in a way a recent entrant has not.

The contracting entity is Indication Investments Ltd. This is the company you would actually have a relationship with, and it is worth checking that it is the same one named on the licence you are relying on: large brokers commonly operate several, and they are not equally protected.

Part of Libertex Group. A parent adds resources, but the protections that apply to you are the ones attached to the entity that holds your account, not to the group.