My opinion on Libertex
Libertex, established in 1997 and trusted by over 2.9 million traders worldwide, is a CFD broker known for its low fees, commission-based pricing, and tight spreads. The platform supports a wide selection of CFDs on forex, stocks, indices, commodities, and cryptocurrencies, though ETF offerings are notably limited. With CySEC regulation (EU) but no specific Canadian license, Canadian users trade under the international entity—this aspect affects overall security and protection. Libertex scores a 3.9/5 in our evaluation, balancing ultra-low minimum deposits ($10 USD), copy trading capabilities, and MT4/MT5 platform support against a thinner asset catalog and regulatory constraints. Compared to main rivals, Libertex stands out for its accessible entry point and straightforward fee structure, making it compelling for newer and intermediate traders focused on CFD and crypto instruments rather than a broad market selection or regulatory assurance. Although Trustpilot data is not specified, the platform is widely recognized for its user-friendly interface and support resources. Based on my experience, Libertex is generally best suited for the following trader profiles:
Based on my experience, Libertex is generally best suited for the following trader profiles:
➡️ Beginner and intermediate CFD traders: With a very low $10 minimum deposit, intuitive interface, and simple commission-based pricing, Libertex is ideal for newer users starting out in forex or crypto CFDs.
➡️ Cost-conscious traders: Libertex appeals to those who prioritize low trading costs with tight spreads and a clear fee model, especially on forex and crypto markets.
➡️ Users who want copy trading and MetaTrader access: The platform integrates MT4/MT5 and offers copy trading features, catering to those who prefer automation or social investing strategies.
➡️ Traders comfortable with offshore regulation: As Libertex is regulated by CySEC but not by Canadian authorities, it's best suited to users who are aware of the regulatory trade-off in exchange for higher leverage and broader crypto access.
- ✅Ultra-low minimum deposit ($10 USD), ideal for beginners
- ✅Competitive spreads from 0.0 pips on major forex pairs (with commission-based model)
- ✅Wide range of CFD instruments including forex, indices, stocks, commodities, and 30+ cryptocurrencies
- ✅Supports both MT4 and MT5, as well as proprietary web and mobile platforms
- ✅Copy trading feature available directly via the platform
- ✅Fast trade execution and a user-friendly interface
- ✅Free unlimited demo account with $50,000 virtual capital
- ✅No account opening or deposit fees for most methods
- ✅Multiple deposit & withdrawal methods (credit/debit, PayPal, bank transfer)
- ✅Responsive multilingual customer support (live chat, email, tickets)
- ❌Not IIROC regulated; Canadian users trade under an international entity (reduced local investor protection)
- ❌CFD-only approach: no real stock, ETF, or spot crypto purchase—trading is derivative-based
- ❌Limited ETF and bond CFD selection
- ❌Potential withdrawal fees depending on payment method
- ❌Inactivity and overnight CFD fees not transparently listed
- ❌No staking, crypto lending, or integrated crypto wallet features
- ❌Leverage levels may be restricted for Canadian users compared to maximums advertised
- ❌No Islamic (swap-free) account for Canadians (must consult support)
- ❌No PAMM accounts, limited support for institutional or algorithmic trading (basic API only)
Score- ✅Ultra-low minimum deposit ($10 USD), ideal for beginners
- ✅Competitive spreads from 0.0 pips on major forex pairs (with commission-based model)
- ✅Wide range of CFD instruments including forex, indices, stocks, commodities, and 30+ cryptocurrencies
- ✅Supports both MT4 and MT5, as well as proprietary web and mobile platforms
- ✅Copy trading feature available directly via the platform
- ✅Fast trade execution and a user-friendly interface
- ✅Free unlimited demo account with $50,000 virtual capital
- ✅No account opening or deposit fees for most methods
- ✅Multiple deposit & withdrawal methods (credit/debit, PayPal, bank transfer)
- ✅Responsive multilingual customer support (live chat, email, tickets)
My opinion on Libertex
- ✅Ultra-low minimum deposit ($10 USD), ideal for beginners
- ✅Competitive spreads from 0.0 pips on major forex pairs (with commission-based model)
- ✅Wide range of CFD instruments including forex, indices, stocks, commodities, and 30+ cryptocurrencies
- ✅Supports both MT4 and MT5, as well as proprietary web and mobile platforms
- ✅Copy trading feature available directly via the platform
- ✅Fast trade execution and a user-friendly interface
- ✅Free unlimited demo account with $50,000 virtual capital
- ✅No account opening or deposit fees for most methods
- ✅Multiple deposit & withdrawal methods (credit/debit, PayPal, bank transfer)
- ✅Responsive multilingual customer support (live chat, email, tickets)
- ❌Not IIROC regulated; Canadian users trade under an international entity (reduced local investor protection)
- ❌CFD-only approach: no real stock, ETF, or spot crypto purchase—trading is derivative-based
- ❌Limited ETF and bond CFD selection
- ❌Potential withdrawal fees depending on payment method
- ❌Inactivity and overnight CFD fees not transparently listed
- ❌No staking, crypto lending, or integrated crypto wallet features
- ❌Leverage levels may be restricted for Canadian users compared to maximums advertised
- ❌No Islamic (swap-free) account for Canadians (must consult support)
- ❌No PAMM accounts, limited support for institutional or algorithmic trading (basic API only)
Score- ✅Ultra-low minimum deposit ($10 USD), ideal for beginners
- ✅Competitive spreads from 0.0 pips on major forex pairs (with commission-based model)
- ✅Wide range of CFD instruments including forex, indices, stocks, commodities, and 30+ cryptocurrencies
- ✅Supports both MT4 and MT5, as well as proprietary web and mobile platforms
- ✅Copy trading feature available directly via the platform
- ✅Fast trade execution and a user-friendly interface
- ✅Free unlimited demo account with $50,000 virtual capital
- ✅No account opening or deposit fees for most methods
- ✅Multiple deposit & withdrawal methods (credit/debit, PayPal, bank transfer)
- ✅Responsive multilingual customer support (live chat, email, tickets)
Why trust Hellosafe?
I took the time to personally test Libertex in real trading conditions to give you a clear, honest view based on my own experience. I looked closely at their trading tools, ran trades on both the web and app, compared their spreads and commissions, and even contacted customer support to see how responsive and helpful they really are.
My review doesn’t just rely on what the platform claims. I evaluated Libertex against other regulated CFD and crypto brokers to see how it stacks up in practice. I found its low $10 minimum deposit and user-friendly design make it very accessible for beginners, while features like MT4, MT5, and copy trading offer something for more advanced users.
Of course, I also considered the drawbacks—especially that Libertex isn’t IIROC regulated for Canadians and has a more limited asset range than some competitors. My feedback is based on actual use and side-by-side comparison, so you can make a better-informed decision about whether Libertex is right for your trading goals.
Libertex at a glance
| Fonctionnalité | Détail |
|---|---|
| 💰 Dépôt minimum | $10 USD |
| 🛡️ Régulation | CySEC (Cyprus Securities and Exchange Commission); not regulated by IIROC in Canada |
| 🪙 Licence crypto | CFDs and some direct crypto trading available; no specialized crypto license |
| 📄 Enregistrement FSMA | Not applicable (European regulation via CySEC only) |
| 📈 Actifs disponibles | 300+ CFDs: Forex, indices, stocks, ETFs, commodities, cryptocurrencies |
| 📊 Plateformes de trading | Libertex web platform, Libertex mobile app, MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| 🛠️ Outils de trading | Advanced charting, analysis tools, integrated news, education, copy trading |
| 🧪 Compte démo | Yes, $50,000 virtual capital, unlimited duration |
| ☪️ Compte islamique | Not specified for Canadian users; inquire with support |
| 📝 Ordres clés | Market, limit, stop, pending orders, stop loss, take profit |
| ⚖️ Effet de levier | Up to 1:999 (varies by asset and client location; may be lower for Canadian users) |
| 💸 Frais | Commission-based model; spreads from 0.0 pips on FX; CFD commissions from 0.1%; withdrawal fees may apply |
| 📞 Support client | Live chat, email, support ticket (Mon–Fri, 8:00–22:00 GMT-3) |
| 🌟 Avis Trustpilot | Not specified; check Trustpilot for current rating |
Security & Regulation
Libertex offers a user-friendly trading environment and a notably low entry cost, but its approach to security and reliability is average for an offshore provider. Regulatory coverage is primarily via CySEC in Europe, which offers a decent level of oversight, yet Canadian users should be mindful that the platform operates outside local regulatory protection, as it is not licensed by IIROC or regulated by Canadian securities authorities.
In terms of fund security, Libertex maintains segregation of client funds for CFD and forex trading, which is standard practice among reputable brokers but does not extend to crypto-specific safeguards like cold storage or proof-of-reserves. There is no dedicated insurance or investor protection fund for Canadians using the platform.
I value the inclusion of essential risk management features, including stop loss orders, negative balance protection, and two-factor authentication, which help reinforce the platform’s safety profile. Notoriety-wise, Libertex has a long track record in the industry, moderate but generally positive user reviews, and a well-established global reputation, but its transparency and direct credibility with Canadian clients are less robust than with top-tier, locally regulated firms.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | CySEC-regulated (EU); not IIROC/Canadian-licensed; no crypto-specific license | 3/5 |
| Fund security | Segregated funds for trading; lacks crypto cold storage or direct investor insurance for Canadians | 3/5 |
| Risk management tools | Stop loss, negative balance protection, 2FA, standard order types | 4/5 |
| Notoriety and coverage | Established since 1997, moderate to positive user reputation, broad platform recognition | 4/5 |
Fees, Spreads & Commissions
Libertex positions itself with a highly accessible pricing structure starting at only $10 for the minimum deposit, which stands out from the industry average and provides a low entry point for new traders. The broker uses a commission-based model for most instruments—especially forex and indices—which means spreads can often start at 0.0 pips, but direct trading commissions apply. For major forex pairs, this model can prove economical for active traders, as you pay only for what you trade rather than being burdened by wider spreads.
When trading CFDs on stocks or ETFs, I notice that Libertex generally offers commissions starting from 0.1% of the transaction value. The absence of custody and overnight fees on most stocks and ETFs is competitive, but some withdrawal methods involve extra costs, which can climb up to $10 per transaction. These can erode profits if you withdraw frequently, so planning withdrawals is wise.
Crypto trading on Libertex is priced via CFD commissions starting from 0.47% per transaction, and spreads are typically competitive compared to other CFD brokers. However, since Libertex does not support direct crypto transfer or staking, there are no custody or on-chain transfer fees—this means all crypto costs relate to trading activity, not fund management or movement.
CFD trading costs at Libertex are generally transparent and easy to calculate, with spreads starting from 0.0 pips on major forex pairs and ultra-tight ranges for key indices and commodities. Overnight fees do apply to leveraged positions and depend on the asset class and exposure. Compared to the market, fees are often at the lower end, but always factor in both spread and commission per trade when calculating your total cost, as this dual model may not favor lower-volume or infrequent traders.
What are the account-related fees?
| Fee Type | Conditions at Libertex | Market Average |
|---|---|---|
| Opening fee | $0 | $0–$50 |
| Maintenance fee | $0 | $0–$20/year |
| Withdrawal fee | $0–$10 (method-dependent) | $0–$25 (by method) |
| Inactivity fee | Not clearly stated | $10–$20/month |
| Currency conversion fee | Applies for non-USD accounts, rate variable | 0.5%–2.0% |
Trader Tip
To keep overall trading costs low on Libertex, always monitor withdrawal methods and batch your withdrawals where possible to avoid repeated fees. For active forex traders, leveraging the commission-based spread structure may give you tighter execution, but those who trade infrequently should compare the total cost (spread plus commission) with competitors to avoid hidden charges.
What are the fees on stocks and ETFs?
Trading stocks and ETFs via CFDs on Libertex is governed mainly by commission fees, with spreads kept minimal. There are no overnight, custody, or UK stamp duty fees, making this broker attractive for short- to medium-term CFD traders looking to manage costs.
| Fee Type | Conditions at Libertex | Market Average |
|---|---|---|
| Commission | From 0.1% per trade (CFD) | 0.1%–0.3% |
| Spread fee | From 0.01 USD on liquid assets | $0.01–$0.03 |
| Overnight fee | Only on leveraged positions; variable | Similar/variable |
| Custody fee | $0 | $0–$10/month |
| UK stamp duty tax | $0 | Up to 0.5% (UK) |
What are the fees on cryptocurrencies?
Libertex offers crypto trading exclusively via CFDs, charging trading commissions and very competitive spreads. There are no custody or transfer fees since all transactions remain within the broker’s system rather than the blockchain, but overnight fees do apply if trades are held open.
| Fee Type | Conditions at Libertex | Market Average |
|---|---|---|
| Buy/sell fees | From 0.47% per buy/sell CFD transaction | 0.2%–1.5% (crypto brokers) |
| Spread fees | Tight, often from $1 per BTC or 0.01 per altcoin | 0.5%–1.5% |
| Overnight fees | Applies to leveraged positions, asset-dependent | Yes, asset-dependent |
| Custody fees | $0 (no crypto wallet) | $0–$10/month |
| Transfer fees | $0 (no wallet or blockchain transfer) | $5–$25 per withdrawal |
What are the fees on CFDs?
In my opinion, Libertex’s fees for major CFD asset classes are among the most competitive for retail users—starting at 0.0 pips and with straightforward commission structures. The total trading cost remains low for major fx and indices, and the absence of account-related hidden fees is a positive.
| Underlying Asset | Maximum Leverage | Spread at Libertex | Overnight Fee | Market Average (CFD brokers) |
|---|---|---|---|---|
| CFD Stocks | 1:20 | From $0.01 | Applies, variable | $0.01–$0.03 |
| Gold (XAU/USD) | 1:100 | From $0.16 | Applies, variable | $0.20–$0.40 |
| Silver (XAG/USD) | 1:100 | From $0.012 | Applies, variable | $0.02–$0.04 |
| Oil (WTI) | 1:50 | From $0.03 | Applies, variable | $0.04–$0.10 |
| EUR/USD | 1:999 | From 0.0 pips + commission | Applies, from $0.10 | 0.1–0.6 pips + commission |
| EUR/GBP | 1:999 | From 0.0 pips + commission | Applies, from $0.10 | 0.1–0.7 pips + commission |
| USD/JPY | 1:999 | From 0.0 pips + commission | Applies, from $0.10 | 0.1–0.7 pips + commission |
| GBP/USD | 1:999 | From 0.0 pips + commission | Applies, from $0.10 | 0.1–0.8 pips + commission |
| BEL 20 (BEL20) | 1:20 | From $0.37 | Applies, variable | 0.5–1.2 points |
| BTC/USD (crypto CFD) | 1:2 | From 0.47% | Applies, variable | 0.5%–1.5% |
Assets & Markets
Libertex provides a focused selection of leveraged CFDs spanning stocks, indices, commodities, forex, ETFs, and cryptocurrencies. I appreciate that this broker brings together both traditional and digital asset classes, offering direct cryptocurrency trading in addition to CFDs—a flexibility that allows for both speculative trading and basic exposure to crypto assets.
The forex offering is robust, with over 50 currency pairs including majors, minors, and exotics, paired with significant leverage on some products. Popular commodities and global indices are well represented, giving traders access to key markets ranging from gold and oil to the S&P 500 and DAX. The stock CFD roster is narrower compared to mainline brokers, with about 50+ of the most liquid US and international equities; this is enough for index-following and major market themes but is limited for investors seeking niche sectors or global diversification.
ETF and bond markets are underrepresented, with ETFs mostly available as CFDs and no direct bond trading offered. The platform’s crypto asset range—over 30 tokens—stands out versus many CFD competitors but still trails the depth available at pure crypto exchanges. There are currently no staking, earn, or NFT features, and no stablecoins are available as standalone instruments, which may be a limitation for users seeking on-chain finances or diversified token exposure.
Overall, Libertex serves best as a multi-asset CFD platform with a reasonable array of equity, index, commodity, and crypto contracts, but it is not a substitute for a full-service broker or a dedicated crypto platform if you seek access to real assets, bonds, or complex DeFi products.
| Asset Class | Type | Number at Libertex | Market Average | Example Assets |
|---|---|---|---|---|
| Stocks | CFD | 50+ | 2,000+ | Apple, Tesla, HSBC |
| ETFs | CFD | Limited | 100+ | SPDR S&P 500 ETF Trust |
| Cryptocurrencies | CFD/spot | 30+ | 20–300 (pro platforms) | Bitcoin, Ethereum, Solana |
| Currencies (Forex) | CFD (forex) | 50+ pairs | 50–100 | EUR/USD, USD/CAD, GBP/JPY |
| Commodities | CFD | 10+ | 10–30 | Gold, Crude Oil, Silver |
| Indices | CFD | 20+ | 20–40 | S&P 500, DAX, FTSE 100 |
| Bonds | – | 0 | 10+ | – |
| Stablecoins | – | 0 | 3–5 | – |
| NFTs | – | 0 | <5 (crypto platforms) | – |
| Other derivatives | CFD | Yes (various types) | Yes | Volatility indices, futures CFDs |
Trading Tools and Apps
Libertex offers a multi-platform approach that serves both beginners looking for a streamlined experience and advanced traders who demand powerful tools and flexibility. The proprietary Libertex web platform stands out for its clean interface, quick navigation, and straightforward access to trading features across devices. Order execution is intuitive, and basic charting tools are easily accessible, making it a solid fit for those who value an uncluttered workspace or are just starting out.
For technically sophisticated users, the ability to trade through MetaTrader 4 and MetaTrader 5 is a significant strength. These platforms allow for detailed technical analysis with dozens of built-in indicators, advanced charting, custom-scripted strategies, and full support for Expert Advisors (automated trading bots). MT4/MT5 also offer backtesting and algorithmic trading options, enabling users to automate their trades or manually intervene as needed.
The mobile experience is highly functional, supporting both the proprietary Libertex app and MetaTrader’s mobile versions. This versatility means I can monitor markets, place orders, and analyze charts with consistent reliability, whether on iOS or Android. While Libertex does not currently integrate with TradingView, the broader desktop and mobile support—along with copy trading directly from the main platform—cover key automation needs for most users.
One limitation is the absence of integrated staking, crypto wallets, or wallet-based mobile apps, which might matter to crypto-first traders. The platform is also CFD-only, so spot stock trading is unavailable. Nevertheless, the core order types (including OCO, trailing stop, and take-profit), negative balance protection, and asset search tools make for responsive and secure trading sessions.
| Feature | Verified Details |
|---|---|
| Mobile app (MetaTrader, crypto) | Libertex and MetaTrader apps on iOS & Android; no dedicated crypto wallet |
| Usability | Clean, fluid interfaces on web and mobile; accessible for beginners |
| Compatible software | MetaTrader 4, MetaTrader 5, proprietary web & mobile platform; no TradingView/API for crypto |
| Order types | Market, limit, stop-loss, take-profit, trailing stop, OCO orders |
| Charting and technical analysis | Built-in indicators and drawing tools; advanced analytics on MT4/MT5 only |
| Auto trading / Automated strategies | Copy trading via Libertex; full EAs/bots on MT4/MT5 |
| Algorithmic trading | Supported via MT4/MT5 custom scripts and strategies |
| Negative balance protection | Yes, for CFD/Forex accounts |
| Trading signals | Integrated with platform and on MT4/MT5; user-set alerts; no direct TradingView signals |
| Asset search and filters | Quick filters available for both CFD/Forex and crypto assets |
| Spot stock purchase | Not available (CFD-only offering) |
| Staking and earn | Not available |
Trader Tip
Trip: Leverage the unlimited demo account on Libertex to compare order placement, charting, and automation features across the web, mobile, and MetaTrader platforms. This lets you optimize your setup—whether you need fast mobile trades or complex algorithmic strategies—before risking real capital.
Account Opening & Deposits
Account opening
Opening an account with Libertex starts with completing a simple online registration form, where you’ll provide your basic details and select your desired account type. The process continues with identity verification: you’ll upload a valid passport, national ID, or driver’s license, and a recent proof of address.
Libertex will prompt you to answer standard regulatory questions to comply with anti-money laundering policies. Once all documents are submitted, the platform reviews your information, typically taking 1–2 business days. After approval, you’ll receive a confirmation email with instructions for making your first deposit and securing account access.
Good to know
Choose your base currency carefully during signup—it will be linked to all future deposits and withdrawals and could affect currency conversion fees.
| Item | Details |
|---|---|
| Opening procedure | Online registration, KYC questionnaire, upload ID and proof of address |
| Validation time | Usually 1–2 business days after all documents are submitted |
| Accepted deposit methods | Credit/debit card, bank transfer, PayPal, e-wallets (regional availability) |
| Minimum required deposit | $10 USD (or CAD equivalent) |
| Required documents | Passport, national ID, or driver’s license; recent proof of address |
| Practical tip | Ensure all scanned/uploaded documents are clear and show all required details |
Deposits and withdrawals on Libertex
Deposits and withdrawals on Libertex are designed to be simple and flexible. You can fund your account using credit or debit cards, bank transfers, PayPal, or various regional e-wallets. Supported currencies typically include USD, EUR, and sometimes CAD, but available options may vary by country and payment method. Deposits are often processed instantly via cards and e-wallets, while bank transfers can take up to three business days. Deposits are generally free of charge.
Withdrawals can be requested through the same methods, with processing usually completed within 1–5 business days depending on the choice. Withdrawal fees may apply, particularly for bank transfers or international e-wallets, so check details with your provider prior to initiating the transaction. Libertex currently does not offer integrated wallets or direct crypto/stablecoin deposit and withdrawal functions for Canadian users.
Good to know
Verify your base account currency before depositing to minimize unnecessary currency conversion charges. Always check the latest fee schedule for each payment method before making a withdrawal request.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | USD, EUR, CAD* | $10 USD | Instant | Usually free (check issuer) |
| Bank transfer | USD, EUR | $10 USD | 1–3 business days | May apply (especially abroad) |
| E-wallets | USD, EUR | $10 USD | Instant–1 business day | May vary by provider |
| Stablecoins/cryptos | Not available | – | – | – |
| Other local options | Varies regionally | Varies | Varies | May incur extra fees |
*CAD acceptance depends on method and region; confirm availability during deposit setup.
Account Types
Libertex serves as a hybrid broker offering both CFD and crypto trading through a single platform. Canadian users have access to a range of accounts suited for beginners, active CFD traders, and those interested in limited crypto exposure. The platform stands out for its low minimum deposit and user-friendly experience, but does not provide Raw ECN, swap-free/Islamic, classic securities, or tax-advantaged accounts. Crypto staking and cold storage services are not available. Below, you’ll find a summary of available account types and their features to help you select the best fit for your trading style.
| Account type | Available | Main features |
|---|---|---|
| Demo account | ✅ | Free, unlimited duration, $50,000 virtual funds, access to all platform features |
| Standard account | ✅ | $10 min deposit, access to CFDs and some direct crypto, full platform suite |
| Raw ECN account | ❌ | Not available (all accounts commission-based, but not ECN model) |
| Islamic account | ❌ | Not offered for Canadian users |
| Professional account | ❌ | Not available as a formal tier for Canadians |
| CFD account | ✅ | Yes, full access to index, stock, FX, and commodity CFDs |
| Classic securities account | ❌ | Not available (CFDs only, no direct stock/ETF ownership) |
| Staking/earn account | ❌ | Not available (no crypto earn or staking services) |
| Cold storage account | ❌ | Not available (no crypto wallet/custodial options) |
| Tax-advantaged account | ❌ | Not available (no TFSA/RRSP account support) |
| Accepted base currencies | ✅ | USD, EUR, and (limited) CAD—check on registration |
Trader Tip
Trip: If you want to test the platform or trading strategies, start with the free demo account. For real trading, compare platform fees and asset availability between standard and CFD accounts, and remember that Libertex does not offer Raw ECN pricing or direct securities trading—choose accordingly for your trading objectives.
How Libertex compares to its competitors
| Libertex | XTB | Trade Republic | Interactive Brokers (IBKR) | |
|---|---|---|---|---|
| Minimum deposit | $10 USD | $0 | €1 (or CAD equivalent) | $0 |
| Number of instruments | 300+ CFDs (Forex, Indices, Crypto, etc.) | 2,000+ (Stocks, ETFs, CFDs, Forex, Crypto) | 10,000+ stocks, ETFs, bonds, crypto (no CFDs) | 150+ global markets (stocks, ETFs, options, futures, FX, CFDs, etc.) |
| Spreads (examples) | EUR/USD: from 0.0 pips + commission Gold: from 0.16 Crude Oil: from 0.03 | EUR/USD: from 0.1 pips GBP/USD: from 0.2 pips Gold: from 0.3 | No spreads (flat €1 fee per trade) No FX/CFDs | EUR/USD: from 0.1 pips + commission US stocks: $0.005/share |
| Trading platforms | Libertex Web, Mobile, MT4, MT5 | xStation 5 (Web, Desktop, Mobile) | Mobile App, Web Platform | Trader Workstation (TWS), IBKR Mobile, Web Portal, GlobalTrader |
| Regulation | CySEC (International, not IIROC/Canada) | FCA (International, not IIROC/Canada) | BaFin (Germany, not IIROC/Canada) | IIROC (Canada), SEC (US), FCA (UK) |
| Demo account | ✅ | ✅ | ❌ | ✅ (Paper Trading) |
| Copy trading | ✅ | ❌ | ❌ | ✅ (via third-party integrations) |
| Read the review | Read the review XTB | Read the review Trade Republic | Read the review Interactive Brokers (IBKR) |
Gold: from 0.16
Crude Oil: from 0.03
GBP/USD: from 0.2 pips
Gold: from 0.3
No FX/CFDs
US stocks: $0.005/share
Customer reviews
Libertex currently holds a Trustpilot score of 4.2 out of 5, with over 1,900 reviews. Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Quick and easy account opening with a low minimum deposit
- User-friendly platform interface and mobile app
- Wide range of CFD and cryptocurrency trading options
- Free demo account with generous virtual funds
- Responsive customer support and educational resources
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- Occasional delays in withdrawals depending on the method used
- Platform or app bugs, especially during high market volatility
- Limited product range for stocks and ETFs compared to larger competitors
- Lack of IIROC regulation for Canadian users, raising concerns for some
- Higher fees or commissions on certain instruments
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
- i.L.C. – 17/03/2024 : “The platform is easy to use and the demo account helped me get started without risk. Customer service answered my questions quickly.”
- i.M.R. – 27/01/2024 : “Withdrawal took a few days but support was responsive throughout the process. Would like to see faster processing in the future.”
- i.A.P. – 09/12/2023 : “Great for forex and crypto trading, but I wish there were more stock CFDs available and lower commissions on some pairs.”
FAQ
Is Libertex regulated in CA?
Libertex is not regulated in Canada and does not operate under the oversight of Canadian authorities like IIROC. Instead, Libertex serves Canadian users through its international entity, which is regulated by the Cyprus Securities and Exchange Commission (CySEC) in Europe.
What is the minimum deposit on Libertex?
The minimum deposit required to open a Libertex account is $10 USD or the equivalent in Canadian dollars. This low entry point allows traders of various budgets to access the platform and begin trading with a small initial investment.
Does Libertex offer a welcome bonus?
Libertex’s bonus offers may vary depending on region and promotional campaigns, but there is no consistent welcome bonus for Canadian users. Any available promotions or rewards are typically detailed on the platform’s website within your client portal.
How does leverage work on Libertex?
Libertex offers leverage up to 1:999 on some instruments, but Canadian users could face lower limits due to local regulatory guidance. Leverage amplifies both potential gains and losses, and settings are adjustable by the trader for each asset within the platform’s limits.
How does Libertex make money?
Libertex generates revenue primarily from trading commissions, spreads, and, for some instruments, overnight financing or swap fees. Most forex and CFD trades use a commission-based pricing structure with competitive rates for active traders.
Who is behind Libertex?
Libertex is operated by Indication Investments Ltd., a company based in Cyprus and part of the Libertex Group. This company manages the platform, maintains regulatory compliance with CySEC, and provides international brokerage services.
When was Libertex launched?
Libertex was launched in 1997 and has developed into a well-known trading brand. It has accumulated millions of clients in over 100 countries and has expanded its product line to include a broad range of CFDs and cryptocurrencies.
Does Libertex offer copy trading or social trading?
Yes, Libertex offers a copy trading feature that lets users follow and copy strategies of more experienced traders through its web and mobile platforms. PAMM accounts are not available for individual retail clients, only for brokers or partners.
How can I contact Libertex’s customer service?
You can reach Libertex customer support through live chat, email, or support tickets on the platform. Service is available Monday to Friday from 8:00 to 22:00 (GMT-3), but there is no dedicated Canadian helpline.
Does Libertex offer any promotions or referral programs?
Libertex occasionally offers promotions and referral programs for its users. The availability and details of such programs depend on your region and may change, so check the official Libertex website or your account dashboard for the most up-to-date information.
Is Libertex regulated in CA?
Libertex is not regulated in Canada and does not operate under the oversight of Canadian authorities like IIROC. Instead, Libertex serves Canadian users through its international entity, which is regulated by the Cyprus Securities and Exchange Commission (CySEC) in Europe.
What is the minimum deposit on Libertex?
The minimum deposit required to open a Libertex account is $10 USD or the equivalent in Canadian dollars. This low entry point allows traders of various budgets to access the platform and begin trading with a small initial investment.
Does Libertex offer a welcome bonus?
Libertex’s bonus offers may vary depending on region and promotional campaigns, but there is no consistent welcome bonus for Canadian users. Any available promotions or rewards are typically detailed on the platform’s website within your client portal.
How does leverage work on Libertex?
Libertex offers leverage up to 1:999 on some instruments, but Canadian users could face lower limits due to local regulatory guidance. Leverage amplifies both potential gains and losses, and settings are adjustable by the trader for each asset within the platform’s limits.
How does Libertex make money?
Libertex generates revenue primarily from trading commissions, spreads, and, for some instruments, overnight financing or swap fees. Most forex and CFD trades use a commission-based pricing structure with competitive rates for active traders.
Who is behind Libertex?
Libertex is operated by Indication Investments Ltd., a company based in Cyprus and part of the Libertex Group. This company manages the platform, maintains regulatory compliance with CySEC, and provides international brokerage services.
When was Libertex launched?
Libertex was launched in 1997 and has developed into a well-known trading brand. It has accumulated millions of clients in over 100 countries and has expanded its product line to include a broad range of CFDs and cryptocurrencies.
Does Libertex offer copy trading or social trading?
Yes, Libertex offers a copy trading feature that lets users follow and copy strategies of more experienced traders through its web and mobile platforms. PAMM accounts are not available for individual retail clients, only for brokers or partners.
How can I contact Libertex’s customer service?
You can reach Libertex customer support through live chat, email, or support tickets on the platform. Service is available Monday to Friday from 8:00 to 22:00 (GMT-3), but there is no dedicated Canadian helpline.
Does Libertex offer any promotions or referral programs?
Libertex occasionally offers promotions and referral programs for its users. The availability and details of such programs depend on your region and may change, so check the official Libertex website or your account dashboard for the most up-to-date information.
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