Information about the broker Libertex
Name |
Libertex |
Year of foundation |
1997 |
Jurisdiction |
Saint Vincent and the Grenadines |
Minimum deposit |
250 units of any currency |
Maximum income |
Is not limited |
Compensation at a loss |
No |
Currency |
Euro, British pound, Polish zloty, Swiss franc |
Interface language |
English, German, French, Spanish, Italian, Polish, Portuguese, Dutch |
Demo Account |
Yes |
trading signals |
Yes |
Mobile trading |
Yes |
Deposits and withdrawals |
Visa and MasterCard, Wire Transfer, Skrill, Rapid, Neteller, GiroPay, Trustly |
Libertex official website
Official website of the company https://libertex.com
To start making money on the exchange, you will have to decide on a trading broker. Now this niche has several dozen of the most diverse companies offering services for experienced and novice traders. Before making the final choice, I recommend that you carefully study all the candidates for potential financial partners and read the reviews for each broker.
This time, Libertex Club Forex came under the scope of my close attention. This is a company with an enviable declared record. Year of creation - 1997.
I will start the analysis of this broker from its official website. This is a full-size Internet resource, not a test one-page hastily made by a novice programmer. There are no complaints about the design as a whole, since all the necessary information is present here in the proper volume:
- description of trading platforms;
- standard warning about possible risks;
- list of available financial instruments;
- a set of licenses, agreements and legal documents (collected in the "Information" section);
- a calendar of important economic events with filters by dates and countries;
- a blog that has interesting articles for newbies;
- description of methods of payment and withdrawal of earned funds.
A little annoying is the flickering advertising line at the top, but the site itself has quite a pleasant color scheme, so the overall impression does not deteriorate. What alarmed me? The "Education" tab does not work. It would seem that with such an experience, such errors should be excluded by themselves. But we are still dealing with a simple site, and small joints are not alien to anyone. So I didn't sound the alarm because of the non-functional menu item.
There is no translation of the interface into Russian. I suppose that this broker is simply aimed at a foreign audience, since the list of other dialects is quite wide. An automatic translator in the browser helps out. The section with the company's news has been updated, so that we can talk about the active maintenance and control of the sections. Also on the site there is a detailed description of the advantages of the Libertex broker, reviews of which we will consider a little later:
- coverage of a wide area of traders around the world (more than 2,9 million people);
- work with clients from 120 countries;
- a team of 700 professional employees;
- about 40 awards awarded;
- a large number of available assets (250 positions);
- of course, experience.
Everything is pretty decent, everyone wants to present themselves in the best possible light. Here I did not find conflicting information. There is one more small drawback in the site design. There is no contact form with broker managers at hand. To do this, you will have to separately visit the "Contacts" tab.
Libertex platform
There are two of them to choose from. You can use your usual MT4 or give preference to the company's proprietary development. The second option is called similarly to a broker. Apparently, they decided not to bother too much.
As for me, MetaTrader 4 is the best and proven option. Here you will find all the tools you need to invest wisely. In addition, it has an intuitive interface and a great set of internal features:
- stop loss and take profit bars;
- automatic trading signals;
- high speed of work (personal hosting is available);
- a large number of analytical tools;
- support for automated trading using robots.
MT4 also has a great mobile app that lets you keep your finger on the pulse of the market at all times. If it is not always convenient to carry a laptop with you, then the smartphone is always in your pocket. The application completely repeats the functionality of the full-format version and is no different in terms of "stuffing" and the speed of processing applications. In a word, the Libertex Club was definitely right here.
But I cannot say something definite about the broker's proprietary platform. This is the second time I come across an inactive website tab. It is possible that at the moment the application is just under development. Or, project managers are testing an updated version. In any case, MetaTrader 4 is always at your service.
Registration in Libertex
In this case, the window is very small. You only need to provide your valid email address and generate a strong password. I recommend coming up with something more interesting than the hackneyed options, since we are still talking about access to an investment account.
After registration, a corresponding letter will be sent to the mail. Using the link, you can enter your already completed personal account. There, using the settings, all trading parameters are adjusted.
The company warns that if it detects suspicious user activity, it can block the account. Therefore, specify the correct mail, to which you have constant access. And also make sure that it will not be so easy to guess the password for this mailbox.
I cannot say that the protection system is at its best here. But for the most part, everything depends on the user everywhere. The better you protect your account, the less chances you will leave hackers to get money from your account. So take the registration procedure with the utmost seriousness.
Libertex trading account types
This broker did not reinvent the wheel and also offered traders to choose the desired account status. The more money you deposit on the account, the better the terms of cooperation are. Note that there is no way to open a dollar deposit here. But this does not prevent you from using any other currency at all. After all, you can deposit funds from any account.
The minimum amount to start cooperation with Libertex (reviews of regular customers claim that many usually put more than the starting threshold) is 250 currency units. It is logical that there is nothing special to do with less money on the exchange.
So what do these types of accounts give you? Everywhere there is a certain discount on the broker's commission. And the higher the status of the deposit, the more pleasant it is for the client. Traders who plan to invest at least 50 thousand in any currency can apply for the status of a VIP client (and with a plus sign). You just have to contact the project manager in advance to agree on the personal working conditions.
Starting at the Platinum level, you can count on priority withdrawals from your account. The remaining two levels contain mysterious "premium support". I assume that we are talking about a personal assistant who additionally analyzes the actions you have taken, and then makes recommendations from the height of his professional experience. Well, that sounds pretty good.
The broker can change the status of the account every month if he wants. In general, everything is at the discretion of Libertex. Feedback from the firm's clients also draws attention to the limited list of financial instruments that are eligible for the discount. That is, there are still some frameworks. It is quite possible that only super-VIPs get unlimited access to "goodies".
Trading with a broker Libertex
The firm's asset selection is really good. There is something to work with:
- Currency pairs;
- indexes;
- gas;
- oil;
- stocks of companies;
- cryptocurrency;
- Precious metals;
- products.
At the same time, directly on the site you can already find out about the most relevant ways to make money for the current day. There are illustrative tables showing the rise and fall in the value of a particular financial instrument in recent years. It is very convenient, everything is collected in one place, the trader does not have to surf the Internet in search of the necessary data.
Libertex has a demo account that allows you to pre-test an individual method of working with the exchange. It is registered in the same way as the real one. If you are worried about your own skills, I advise you to practice "on cats". The trial deposit is completely identical in functionality to the trading one using the current market situation.
Libertex broker deposit and withdrawal
As I wrote above, larger account holders have some advantages in the withdrawal process. Their applications will be processed first. Replenishment is the same for everyone. Funds are credited quickly, but much depends on the bank where you have a card or any other account.
There are many ways to replenish the deposit. There is a chance to choose the least expensive and most comfortable one for each user. By the way, you can withdraw funds only to the card from which the investment budget originally came. This is in its own way good for the broker's client, since no outsider will be able to steal them in this way.
Libertex: reviews on the Internet
Going through the specialized forums, I did not find any particularly angry comments. Someone mentioned certain shortcomings of the site, for example, a hanging menu. There were also users claiming that they could not "raise" money with this broker. But this, as you know, is a completely different story. If a client fundamentally does not listen to the opinion of his mentor or goes out to trade at the time of the release of economically important news, it is clear that the result will be sad.
Conclusion
Perhaps it's time to summarize. Libertex is an experienced broker that has been providing its services to traders since 1997. The company has many awards, a responsible approach to website design and offers fairly favorable conditions. As disadvantages, inactive items of the internal menu on the official resource were found, as well as the lack of information about the local trading platform. I did not find any particularly suspicious moments, so you can easily check the effectiveness of this broker on your own experience.