|Account Types||Demo Account, Low Value or Micro Account, High Net Worth or VIP Accounts,|
|Customer Support||Single Language Phone Support, Single Language Live Chat, Single Language Email Support,|
Libertex is an established online brokerage that’s maintained a consistent following since their initial launch in 1997. Located in Cyprus, this exchange is available to multiple nations worldwide & supports a magnitude of financial services. This includes Forex, Commodities, Stocks, CFDs, Indices, and ETFs through the MetaTrader4 Platform. Accessibility to financial assets extends beyond MT4 towards the Libertex Propriety Software. When combining these two trading platforms, an expansive exchange is maintained. Reviewing their comprehensive offerings is manageable through a Demo Account.
Attributes associated with Libertex extend beyond their financial assets, with their banking selection & leverage options allowing for their platforms to become accessible for millions. It’s estimated that 2.2 Million clients engage with Libertex from eleven nations, which bolstered this brand towards 30+ Awards in the Cryptocurrency Industry. Registrants with Libertex have access to 200 assets that are governed by the Cyprus Securities & Exchange Commission. One of the industries most notable regulators enforces their Code of Conduct onto Libertex, which follows after the brand obtained license approval 20+ years ago.
Consideration for this brand should be followed through, with investors obtaining a functional interface & sustainable support option. These attributes extend towards their minimal commission charges at 0.01% to 0.02%, a variety of supported accounts, and a multitude of educational programs. New registrants acquire everything needed to sustain their growth in the blockchain industry, inevitably becoming professional investors with sustainable portfolios.
Licensing and Regulation
The Cyprus Securities & Exchange Commission governs the daily activities of Libertex. CySEC is known for maintaining a strict code of conduct, which mimics similar regulation enforced by the European Securities & Markets Authority. This includes limited leverages, ensuring that investors don’t risk more capital than their yearly salaries can sustain. Additional demands in the CySEC Code of Conduct includes Libertex holding a $750,000.00 Reserve Capital Fund, accessibility to Central Banks to Investor Insurance Packages, and Detailed Finance Reports. Refusing regulation requirements will prompt an immediate cancellation of that respective exchanges license. It should be mentioned that over 20+ years, Libertex hasn’t maintained a single tarnish on their record. Reliability behind this brand is guaranteed.
Alterations in how investors approach their daily trading activities came rapidly over the last decade. Registrants started selecting mobile handset browsers over their desktop counterparts. The respective convenience of maintaining their investment accounts for iPhones or Android Devices outweighing whatever desktop counterparts offered. Libertex recognized the apparent growth of Mobile Investing, selecting to reformat their desktop website & launch an application to the Apple App Store. This extended towards their mobile app releasing for the Google Marketplace.
Regular updates to Libertex Mobile are maintained, ensuring investors that the same selection of assets is supported with both iterations. It should be mentioned that mobile accessibility includes the Google Chrome & Apple Safari Browsers, avoiding investors having to install the Libertex application.
Brand & Functionality
Traversing the tradable assets, educational services, support features, and banking methods isn’t challenging with Libertex. That’s because their navigation menu is functional, while also displaying all qualities associated with this investment brand. Four categories are listed in the navigation menu, including Trading and Platforms. This extends towards Company Info & Trading Info. The most commonly selected category is Trading, where investors can select an array of commodities and cryptocurrencies. This section also supports Forex Investment, Stocks, and ETFs.
The functionality behind daily investments grows when understanding the differences between the two platforms managing Libertex, with those including MetaTrader4 and Libertex Proprietary. MT4 is considered the more reliable out of these two platforms, with an expansive array of financial assets & assistants provided to consumers. Regardless of what strategy is being implemented, investors can locate a solution through MT4s wide selection.
Obtaining an account with Libertex isn’t challenging, with the process taking less than ten minutes to accomplish. Investors must select the Login Option on the Libertex Homepage. This launches new registrants towards the exchange, where the formal registration process can begin by selecting “Sign Up”. Questionnaires are then initiated for this new registrant, requiring that personal detailed be entered to avoid fraud. Questions issued to Investors include their Government Name, Country of Residence, Cellular Number, Birth Date, Email Address, and Home Address. Refusal to provide these details will terminate the registration process.
Once the initial questionnaire is completed, the 2nd Set of Data must be handed over. Investors must include correct details on their Education, Profession, Employment Status, Annual Salary, Maximum Net Worth, and Source of Income. Details regarding your financial trading history will also be requested & a multitude of documents to guarantee that the provided information is correct. Investors must provide copies of their Passport or Drivers License, with this extending towards a copy of recent bank statements. This extensive process is required to ensure that fraud is avoided, with that crime previously being a significant issue in the blockchain industry.
Before new registrants can deposit into their selected account for the 1st time, verification of their identities is required. Afterwards, the deposit tab becomes permitted to new investors. Depositing allowing for investors to choose from one of fourteen payment services. These include Credit Cards, eWallets, and Direct Bank Transfers. The official list of payment options includes Skrill, Sepa, Sofort, Neteller, Trustly, GiroPay, iDeal, Multibank, P24, Rapid Transfer, Neosurf, TeleIngreso, MasterCard, and Visa.
When depositing there won’t be hidden fees placed onto investors, with commissions at 0.01% to 0.02% being the minimum payment requirement with Libertex. It should be mentioned that deposit valuations are listed at a minimum of $10/£10. Once your preferred payment service is selected, deposits will take milliseconds to be approved. It’s recommended that new registrants determine their associated risk capital before making a 1st-time deposit.
Accommodating your customer base is the primary aspect of growth for any corporation. It’s something Libertex has implored since their iteration in 1997, providing investors with a magnitude of trading assets to increase their portfolios. Inquiring these portfolios with Libertex isn’t challenging, with the account type awarded is dependent on the annual salary earned by that respective investor. The account types include Gold, Gold+, Platinum, and VIP.
Obtaining the standard “Gold” Account required a deposit of $10.00 to begin investing. That minimum valuation alters if the account received sustains higher portfolio limits. Regardless of the account selected, multiple education services are available to improve strategies. This includes Bi-Monthly Webinars, with the most recent relating to increasing portfolios during the COVID-19 Pandemic.
Selection of the available financial assets doesn’t depend on which account is obtained. All registrants have access to similar investment services. These include 100 Stocks with significant corporations like Amazon, Apple, Sony, and Microsoft. Assets extend towards 49 Currency Parings with global assets like the USD/EUR. 41 Cryptocurrencies are also enabled, including Bitcoin and Ethereum. There are eighteen indices and sixteen commodities which include Agricultural Assets. The final asset supported with Libertex is ten ETFs, meaning there are 224 available financial services.
Executing these investment contracts isn’t delayed, with Libertex initiating “Low Latency Networks”. Through the LLNs, an extensive level of data is processed in milliseconds. It enables for the 2.2 Million Clientele with Libertex to invest simultaneously without any concerns of network outages. It should be noted that Trading Algorithms are initiated with Low Latency Networks, ensuring that investors are optimized for desktops & mobile handsets.
Digital exchanges have faced significant hurdles with online banking. Bad reputations regarding the blockchain industries forced new registrants to be concerned for their safety. That mentality is now outdated, and clientele signing with Libertex obtain the highest degree of security available to online exchanges. This is managed through Insurance Options with Central European Banks & AES Firewalls, which defend the exchange from outside sources trying to infect its programming. Back-End Verification Measures with these AES Firewalls ensures that pinged servers are the independent entities reviewing banking information. Under these conditions, withdraws can take upwards of three business days to transfer.
Aiding investors is an integral part of an online exchange’s daily operations. Libertex for 20+ years has provided investors with customer support services, with their first option being an international hotline number. The advancement of technology enabled Libertex to implement Email services, with another update coming 10+ years later with live chat. Investors will obtain answers to their inquires within 10 minutes by selecting instant messaging, with wait times increasing to 30 minutes with the international hotline number. The maximum investors must wait for an answer is 24 hours, which follows after selecting Email. It should be mentioned that Libertex also supported a Help Centre & FAQ, where multiple questions are immediately answered without any wait times.
MetaTrader4 & the Libertex Proprietary Platform comprise a multitude of trading tools for investors. These tools are accessible via mobile handsets & desktop computers. The availability associated with these tools isn’t dependent on the obtained account with Libertex, allowing each investor to implement strategies consistent with professional brokers. Tools available to clientele include an Alarm Manager, Connect Feature, Correlation Trader, Correlation Matrix, Market Manager, Excel RTD, Stealth Orders, Mini Terminals, and Investment Simulators. It’s recommended that new registrations complete educational classes regarding MT4 Trading Tools before engaging with them for the 1st time.