At a glance
- Minimum deposit
- $100
- Platforms
- Libertex, MetaTrader 4, MetaTrader 5
- Regulators
- CySEC, FSC, VFSC, FSCA
- Leverage
- 999
Our Verdict on Libertex
4.3/5Overall score
Risk warning: CFDs and leveraged products can move rapidly and may result in losses. Leverage magnifies both gains and losses, and you may lose money.
Libertex suits CFD traders who want a proprietary web or mobile platform without giving up access to MT4 and MT5. That combination is useful for traders choosing between the in-house interface and MetaTrader’s Expert Advisors, while the listed markets extend beyond forex to shares, commodities and other products. The main trade-off is less uniform pricing: costs depend on the instrument and platform and may include spreads or markups, commission and overnight financing. Withdrawal fees also depend on the payment method. The legal entity determines which protections apply, so establish which company would hold your account before funding it.
| Best for | CFD traders seeking an accessible in-house platform with MetaTrader alternatives. |
|---|---|
| Not ideal for | Traders who require an Islamic swap-free CFD account or a single, uniform trading-cost structure. |
| Biggest strength | Choice of a proprietary web/mobile platform and MT4 or MT5. |
| Main drawback | Instrument- and platform-specific costs, plus payment-method-dependent withdrawal fees. |
How we reviewed it: This review assesses the available account, fee, regulatory, platform, instrument and payment terms; it does not claim first-hand trading or withdrawal testing. See our review methodology.
What stands out
- Offers its proprietary web and mobile platform as well as MT4 and MT5.
- MT4 and MT5 support Expert Advisors and custom indicators.
- Lists a broad range of markets, including forex, indices, commodities, shares, bonds, crypto, ETPs and options.
What to consider
- CFD costs vary by instrument and platform and can include spreads or markups, commissions and overnight financing.
- Withdrawal charges vary by payment method.
- Does not offer Islamic swap-free accounts for standard CFD positions.
Libertex at a Glance
| Feature | Broker disclosures and checked findings |
|---|---|
| Founded | 1997 |
| Regulator / licence | CySEC; Indication Investments Ltd, licence 164/12, for covered EEA/Cyprus clients |
| Minimum initial deposit | €100 first deposit |
| Account types | Libertex, MT4 Market and MT5 Market |
| Trading platforms | Libertex, MetaTrader 4 and MetaTrader 5 |
| Markets | Forex, indices, commodities, stocks, bonds, cryptocurrencies, ETPs and options |
| Maximum leverage | Depends on jurisdiction, account and instrument; up to 1:999 is stated for some offshore accounts. EEA retail major FX is capped at 1:30. |
| Account / funding currencies | EUR, GBP, CHF and PLN |
| Demo account | Yes |
Is Libertex Safe, Legit and Regulated?
4.2/5Area score
Overall review score: 4.3
For EEA clients contracted with Indication Investments Ltd, Libertex lists Cyprus’s CySEC as regulator (licence 164/12). The broker says it segregates client funds and provides negative balance protection; the Cyprus ICF is available only to eligible accounts at its covered Cyprus company. These protections therefore depend on the contracting entity and account eligibility, not simply on using the Libertex brand.
Regulation and Client Protections
| Regulatory question | Documented finding and limitations |
|---|---|
| Contracting legal entities | Indication Investments Ltd (EEA / Cyprus) |
| Regulators / jurisdictions | CySEC (EEA / Cyprus) |
| Licence / registration | CySEC: 164/12 |
| Client-money arrangements | Libertex says it segregates client funds. Its stated European arrangement is separate accounts for client deposits and company operating funds. |
| Negative balance protection | Libertex says it offers negative balance protection; confirm the protection applying to the specific contracting entity and account. |
| Investor compensation | For eligible accounts at the covered Cyprus company, Cyprus ICF compensation is capped at 90% of a valid claim or €20,000, whichever is lower. It does not cover trading losses. |
Segregation and negative balance protection do not remove leveraged-trading risk or guarantee recovery in every circumstance. ICF compensation is capped at 90% of a valid claim or €20,000, whichever is lower, and does not cover market losses.
Libertex Fees, Spreads and Commissions
4.2/5Area score
Overall review score: 4.3
Libertex pricing is not captured by a single spread figure: costs vary with the instrument, platform and time a CFD position remains open. For active traders, the entry cost can include a spread or markup and commission; for positions held overnight, financing adds another cost. Deposits are listed as broker-fee-free, but withdrawal charges depend on the method.
Spreads, Commissions and Total Trading Costs
The Libertex account combines instrument-specific spreads or markups with CFD commission. MT4 Market and MT5 Market use floating CFD spreads and may also carry instrument-specific commission and swap charges. No verified account-level EUR/USD spread figure is available here, so compare the live quote and commission for the instrument you plan to trade rather than assuming one account is cheaper.
Other Trading and Non-Trading Fees
| Fee | Amount / trigger | Conditions |
|---|---|---|
| Overnight financing, swap or margin interest | A swap is charged each night a CFD position remains open; the charge depends on the instrument. | A swap is charged each night a CFD position remains open; the charge depends on the instrument. |
| Currency conversion | A margin/FX adjustment may apply when the trading account currency differs from the underlying instrument’s currency. | A margin/FX adjustment may apply when the trading account currency differs from the underlying instrument’s currency. |
| Inactivity | €10 per month | After 3 months of inactivity. |
| Deposits / withdrawals | Deposit: No; Withdrawal: Withdrawal costs vary with the payment method: the fee schedule includes free PayPal, 1% Skrill/Neteller, €1 card withdrawals and 0.5% bank wire with minimum/maximum. | Deposit: No general broker deposit fee is listed (method-specific or third-party charges may apply); Withdrawal: Withdrawal costs vary with the payment method: the fee schedule includes free PayPal, 1% Skrill/Neteller, €1 card withdrawals and 0.5% bank wire with minimum/maximum. |
Financing is most relevant to traders who keep CFDs open overnight; currency conversion can affect positions or cash movements when account and instrument currencies differ. Inactivity charges also apply after the stated period.
Which Libertex Account Should You Choose?
4.0/5Area score
Overall review score: 4.3
The €100 first-deposit requirement is the same across Libertex, MT4 Market and MT5 Market, so the decision is primarily about workflow rather than entry threshold. Choose Libertex for its proprietary web and mobile platform, or the corresponding Market account if you specifically want MT4 or MT5. Pricing differs between the in-house account and MetaTrader accounts, so compare the costs for your intended instruments; the minimum deposit alone says nothing about an appropriate trade size.
Libertex Trading Platforms
4.5/5Area score
Overall review score: 4.3
The proprietary Libertex platform is the in-house option for web and mobile trading and account management. Traders who rely on Expert Advisors or custom indicators need MT4 or MT5 instead; MT5 also includes a Strategy Tester. This makes the platform choice consequential for automated workflows, not just interface preference.
Desktop, Web and Trading Platforms
| Platform | Availability | Evidence-backed strength or limitation |
|---|---|---|
| Libertex | Web, Mobile | Libertex focuses on straightforward trading and account management through web and mobile. It doesn't provide a general-purpose environment for writing trading algorithms. For custom indicators or Expert Advisors, MetaTrader is the more suitable option. |
| MetaTrader 4 | Web, Desktop, Mobile | MT4 supports MQL4 Expert Advisors and custom indicators. Bots and scripts run in the desktop terminal or on a VPS, not in the browser or mobile app. |
| MetaTrader 5 | Web, Desktop, Mobile | Automated trading is one of MT5's strengths, thanks to MQL5 Expert Advisors and its Strategy Tester. You'll still need desktop MT5, possibly on a VPS, to run the code. |
Automated code must run in the desktop terminal; a VPS may be used, but Libertex does not provide its own VPS service. The proprietary platform also does not support external API trading.
Markets and Instruments Available
5.0/5Area score
Overall review score: 4.3
| Asset class | Products offered | Restriction |
|---|---|---|
| Forex | Leveraged FX (CFD / rolling spot); 46 | Keeping a forex trade open overnight can result in swap or financing charges. Available currency pairs and margin requirements depend on the account. Leverage can reach 1:30 for eligible clients. |
| Indices | Index CFDs; 20 | Trading an index CFD does not mean owning the shares that make up the index. Trading hours, contract terms and financing costs can differ between cash and futures versions. Leverage can reach 1:20 for eligible clients. |
| Commodities | Commodity CFDs; 22 | Commodity CFDs track prices without requiring physical delivery. Trading hours vary by contract, and some contracts expire or need to be rolled over. Eligible clients may use leverage up to 1:20. |
| Stocks | Direct shares / stock CFDs; 1130 | A direct share purchase makes you a shareholder, unlike trading a share CFD. CFD positions held overnight may incur financing charges. The instruments available and margin requirements depend on the account. Leverage can reach 1:5 for eligible clients. |
| Bonds | Direct bonds / bond CFDs; 3 | Buying bonds directly and trading bond CFDs involve different ownership rights and financing terms. Funding charges and margin depend on the contract, and the number of available instruments is unverified and may depend on the account. Leverage may reach 1:5 for eligible clients. |
| Crypto | Spot crypto / crypto CFDs (by entity); 110 | Spot crypto and crypto CFDs differ in ownership, custody and the number of available products. CFDs may allow up to 1:2 leverage abroad, but they are unavailable to UK retail clients. |
| ETFs | ETF CFDs; 23 | ETF CFDs track fund prices without giving traders ownership of ETF units. Overnight positions may incur financing charges. The ETFs available and their margin requirements depend on the account and region. The leverage available depends on the product and account. |
| Options | Option CFDs; Live option-CFD contract count not verified | Option CFDs on indices, gold and Brent track prices but do not give you the rights of a listed-option holder. Available contracts, strikes and margin requirements vary. |
The key distinction is whether a product is a direct holding or a derivative: a CFD follows an underlying price but does not confer ownership, while direct shares and bonds are listed alongside their CFD counterparts. ETF CFDs likewise do not confer ownership of fund units, and option CFDs do not give the rights of listed-option holders. Crypto product type depends on the entity; crypto CFDs are unavailable to UK retail clients, and spot crypto and CFDs differ in ownership and custody.
Execution, Trading Tools and Research
4.3/5Area score
Overall review score: 4.3
The economic calendar and market analysis, alongside articles, webinars and introductory guides, support market preparation and learning about trading concepts and platform functions. Copy and social trading instead provide ways to mirror other traders through Libertex tools, including a dedicated app and an integrated option; they are not research resources. For execution, MT4 and MT5 support automated strategies, while the proprietary platform does not allow external API trading. During fast markets, trades may fill above or below the targeted price.
Libertex Deposits, Withdrawals and Account Opening
4.0/5Area score
Overall review score: 4.3
Real-money accounts require identity verification, and the first deposit is €100 subject to regional and payment-method limits. The available funding options and contracting entity are presented during registration, so confirm these before sending money.
Account Opening and Identity Verification
Libertex requires KYC verification. Its stated documents typically include government-issued photo identification and proof of residential address, such as a recent bank statement or utility bill. The contracting entity is assigned during registration, so review the account agreement and applicable protections before proceeding.
Deposit and Withdrawal Methods
| Method | Deposit / withdrawal availability | Broker fee | Processing time |
|---|---|---|---|
| Bank transfer | Deposits are available. Minimum requirement: EUR 100 (initial). Withdrawals are available with no minimum amount. | No broker fee applies to deposits. Withdrawal broker fee: 0.5% (min EUR 2,). | Deposit processing time: Instant–5 business days. Withdrawal processing time: 2–5 business days. |
| Debit / credit card | Deposits are available. Minimum requirement: EUR 100 (initial). Withdrawals are available. Minimum requirement: EUR 10. | No broker fee applies to deposits. Withdrawal broker fee: EUR 1. | Deposits are processed instantly. Withdrawal processing time: up to 7 business days. |
| E-wallets | Deposits are available. Minimum requirement: EUR 100 (initial). Withdrawals are available. Minimum requirement: PayPal / Skrill / Neteller: EUR 10. | No broker fee applies to deposits. Withdrawal broker fees are not specified. | Deposits are processed instantly. Withdrawals are processed instantly. |
Customer Support
Listed support channels include email, phone and a Help Center. The listed contact details are [email protected] and +357 22 025 100. Support languages include English, Dutch, French, German, Italian and Spanish.
Who Should Choose Libertex?
The clearest choice is between workflow and account requirements: the proprietary platform is suited to traders who want web or mobile access, while users relying on Expert Advisors need MT4 or MT5 and must run code through the desktop terminal. Traders requiring an Islamic swap-free account should look elsewhere, as Libertex does not offer one for standard CFD positions.
| Profile | Fit | Decisive reason |
|---|---|---|
| Trader seeking a straightforward web or mobile CFD platform | Good | Libertex has a proprietary platform for web and mobile, with MT4 and MT5 also available. |
| Algorithmic trader using Expert Advisors | Conditional | MT4 and MT5 support Expert Advisors, but the proprietary platform does not offer external API trading and Libertex does not provide its own VPS. |
| Trader requiring an Islamic swap-free CFD account | Poor | Libertex does not offer Islamic accounts; standard leveraged CFD positions held overnight incur swaps or rollover charges. |
Libertex vs Alternatives
ActivTrades1:1000Maximum leverageDetailed Review
Capital.com- No inactivity fee
- No withdrawal fee
- No commission
AvaTradeForex Pairs, ETFs, Commodities, Cryptocurrencies, Indices, OptionsDetailed Review
ACY SecuritiesASIC, FSCA, SVGDetailed Review
For a trader who needs automation, the practical decision is whether the MetaTrader desktop workflow fits; those seeking an overnight CFD account without swap charges are not a match.
FAQs
Which regulator oversees Libertex for EEA clients?
The listed EEA/Cyprus entity is Indication Investments Ltd, regulated by CySEC under licence 164/12. Check that this is the company named in your account agreement before relying on Cyprus-specific protections.
What is Libertex’s minimum initial deposit?
The first-deposit requirement is €100 for the Libertex, MT4 Market and MT5 Market accounts. Regional and payment-method limits can vary.
What fees can Libertex traders pay?
CFD costs may include floating spreads or markups, instrument-specific commissions and overnight financing. Withdrawal fees depend on the payment method, and currency conversion or inactivity charges may also apply under the relevant conditions.
Which platforms does Libertex offer?
Libertex offers its proprietary web and mobile platform, MetaTrader 4 and MetaTrader 5. MT4 and MT5 support Expert Advisors, while the proprietary platform does not support external API trading.
Can I buy real shares through Libertex?
Libertex lists direct shares as well as stock CFDs. Buying a direct share differs from a share CFD: a CFD tracks the price and does not give you ownership of the underlying shares.
How long do Libertex deposits and withdrawals take?
Processing estimates depend on the method. Bank-transfer deposits are listed as instant to five business days and withdrawals as two to five business days; card deposits are instant and withdrawals can take up to seven business days. E-wallet deposits and withdrawals are listed as instant.