Libertex is properly regulated and beginner friendly broker using own easy-to-use trading platform.


Libertex is properly regulated and beginner friendly broker using own easy-to-use trading platform.
Min Deposit $10
Max Leverage 1:300
Trading Platform Custom
Year Founded 1997
Instruments FX, CFD, Cryptos
Regulation CySEC
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Min Deposit
Max Leverage
Trading Platform
Year Founded
FX, CFDs, Crypto
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Company background

Operating since 1997, this broker is an international, trustworthy brand with more than 20 years of financial market and online-trading experience. Libertex is the trading platform of Indication Investments Ltd, member of Forex Club group with headquarter in Limassol, Cyprus.

During its years of operations, Libertex has won around 30 international awards from various reputable organizations and institutions (such as Best Trading App, Best Cryptocurrencies Trading Broker etc) for its quality services and solutions.

As a plus

  • Modern, easy-to-use trading platform
  • Great set of cryptos to trade
  • $10 initial deposit
  • Zero spreads, with clear trading fees

On the flip side

  • Doesn’t support MT4/MT5
  • Lack of research and educational materials

Our verdict:

Libertex is a reliable, well-regulated and beginner-friendly broker (thanks to a convenient platform and a low initial deposit). Also, it fits great for those who want to trade cryptocurrencies.


For this review we tested LIBERTEX, standard account, plus we collected secondary information from reputable sources, as well as user generated reviews.

Regulation & Security

LIBERTEX is a trading platform used by Indication Investments Ltd. a Cyprus Investment Firm which is regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12.

The regulatory requirement establishes set of rules that are governed by the MiFID, the EU authority that supervises the financial markets and investment services firms, their compliance and reliability within the zone and enables them to provide services within EEA (European Economic Area). This requires numerous operational standards, substantial capital maintenance that proves liability, customers protection procedures and membership of the Investor Compensation Fund. Thus, the client who invests or trades with the licensed company is assured by the authority about the strict compliance with the procedures.

What other Forex & CFD websites and Customers say about Libertex?

The abundance of the information on a broker of choice can help make a more thoughtful decision, but it can also quickly become overwhelming and confusing rather than providing clear answers.

We’ve gone through, authoritative user-generated and broker listings/reviews websites to, hopefully, offer more clarity on the Libertex reception among it’s clients.

User Generated

Most of the websites of this kind offer a raw stream of consciousness by angry and happy traders, praising the broker for their personal experience. It’s, therefore, important to keep in mind that some of the reviews will be nothing more or less than such.

Given that a lot of traders lose funds, and that they may go to a website like Forex Peace Army (FPA) to complain, we aim at distinguishing, well, more subjective from less subjective reviews and offer our limited view on the situation.

Forex Peace Army (FPA)

Being one of the most trusted user-generated Forex & CFD communities, FPA is making sure to mediate communication between traders and service providers.

Non-User Generated

Reviews from the non-user generated websites, like ours, often needs to be taken with the great attention to the nature of the website and its credibility in the industry. As you are mainly relying in the opinion of an entity that can directly benefit from referring you to the broker.

You can see Elite CurrenSea clients feedback on our website and FPA to see if you can trust our website with the opinion we provide on our trusted brokers. We do provide incentives to open an account with our trusted brokers, you can learn more about from ecs.TradersClub loyalty program.

Keeping in mind the info above, we can attest the Alvexo reviews appear fairly positive with only minor discrepancies from lesser known and sometimes suspicious website, that argue about Libertex as a scam. Keep in mind that sometimes, these reviews are the baits for brokers to pay the website to improve the review. Will you have doubts after reading some of those reviews, please address us directly and we will make sure to assist you with further investigation.

Customer Service

The website is available in 16 languages (English, German, Russian, Dutch, French, Italian and many more).

Account holders can connect with a Libertex email,  telephone and live chat to a number of different locations. Their multi-lingual support is on standby to answer questions and solve the problems. Before contacting, customers can check  an answers in the detailed FAQ section.

Overall, the client service is good, it didn’t strike us as exceptional, but we got the help we needed in a reasonable time. And that’s what matter most. We encourage you leave your comments below if you had different experience.

Account Types

Only 2 types of trading accounts are available at Libertex, Standard trading account and Demo trading account. The demo account is just like the standard trading account. It is available free of charge and comes preloaded with $50,000 virtual cash which castomers can use to make paper trades. Which is unique about Libertex’s demo account is the fact it can be used is on the web-based trading platform as well as on the mobile platform. In fact, the $50,000 virtual cash is divided into a $45,000 amount for the web platform and a $5000 amount for the mobile platform.

As for the standard trading account, you only need to deposit a minimum of $10 in order to open the standard account. However, you are highly recommended to deposit at least $100 as your open positions cannot be more than 10% of your trading balance. In other words, in order to open a position of $10, you need to have at least $100 balance inside your trading account.

Products/CFD Portfolio

Libertex offers their customers over 150 assets to choose from, including currency pairs, indices, stocks, commodities, in addition to huge cryptocurrency portfolio.

Product Libertex AxiTrader LCG Alvexo
CFDs on Forex 1:300 1:400 1:500 1:300 1:300
CFDs on Commodities 1:20 1:400 1:200 1:200 1:75
CFDs on Indices 1:50 1:400 1:500 1:150 1:75
CFDs on Crypto 1:10 1:2 ? limited up to the total position value of $2,000 1:5


Currency pairs are among the most volatile assets on the market. A total about 50 of currency pairs are available, ranging from major to some exotic pairs. At the moment of the review max leverage available for trading CFDs on Forex was 1:300 (multiplier 1:600), which is competitive enough.


There are 5 metal CFDs available: Gold, Silver, Copper, Platinum and Palladium. At the moment of the review leverage available for trading CFDs on metals was 1:20 (multiplier 1:50).


On Libertex platform customers can find over 50 stock CFDs with highest volatility on the market. Blue Chips of US market and the most popular stocks from Europe and Latin America available. At the moment of the review leverage available for trading CFDs on stocks was 1:20 (multiplier 1:50).


As of 2018, you can find the largest American, European, and Asian stock markets and indices to trade as CFDs. It includes variety from NASDAQ, DAX30, S&P500 to even Israeli TA25 index. At the moment of the review leverage available for trading CFDs on indices was 1:20 (multiplier 1:50).


There are some 6 old-school agricultural commodities available: coffee, corn, sugar, soybean, cocoa and wheat. At the moment of the review leverage available for trading CFDs on commodities was 1:10.


Libertex can be proud of his set of cryptocurrencies available for trading: 40(!) different pairs, including very exotic altcoins. Due to these instruments popularity brokerage fee for cryptos is reduced by 50%.  At the moment of the review leverage available for trading CFDs on cryptocurrencies was 1:2 (multiplier 1:10).

Fees & Commissions

Before opening a Libertex live account, a trader should consider several key issues with the company. The first is that the company charges a commission on every transaction. For example, if the trader wanted to buy or sell EUR/USD, Libertex would charge a commission of 0.011% on the monetary value of the trade. This is compensated for by deal execution taking place at the prevailing mid-market price.

Libertex’s tradable assets all carry a similar fee that varies significantly depending on the asset.  The lowest commission in forex is for EUR/USD among the major currency pairs, while the most expensive commission on currencies is charged for transactions in USD/RUB, which has a commission of 0.41% per transaction. The second highest is EUR/RUB, which has a charge of 0.386%. The highest commissions at Libertex are for cryptocurrency trades, with charges of 1.02% on Litecoin, 1.0% on Bitcoin, and 0.91% on BitcoinCash. Also broker offers 50% commission discount for new traders.

It should be noted that Libertex also charges a fee for accounts which are inactive. An inactive trading account is classified as one which has no trading activity for the last 180 days. Any attempts at withdrawing funds from an inactive account will be subjected to a 2% surcharge of the withdrawn amount. However, accounts which have a balance of more than $10,000 are exempted from the inactivity fee.

The second matter concerns the company’s use of a “multiplier” instead of a set leverage figure such as 200 to 1, for example. All Libertex trades can be leveraged with the multiplier, and it varies significantly for the different tradable assets. For example, the highest multiplier in forex is for EUR/USD at 500, which translates to leverage of 500 to 1, while the multiplier for USD/RUB is 10, which means that the maximum leverage for a USD/RUB trade is 10 to 1.

Payment methods

The funding methods offering a selection of the preferred payment options that are available through the client’s menu within the Trading Platform.  Currently, there are options to use either Bank Transfer, Cards, e-wallets alike Skrill, Sofort, Ideal, Trusty, P24 and Neteller. However, important to note that client of different jurisdictions may be entitled to a particular payment method, yet the Libertex do not charge any commission for deposits or withdrawals.

The withdrawal methods are slightly different while delivering funds either through Bank Transfer, Skrill, Visa card or Neteller.  Typically, the withdrawal requests are processed by the Libertex’s finance department within one business day, yet there are cases when there is a need to check additionally the client’s request due to the compliance and the security reasons.


Libertex employs its own proprietary trading platform. The trading platform features simplicity with user-friendly interface and deep market analysis that helps to make better decision. The cross-platform allows to access trading from any device, as the platform is a web-based feature that is enhanced with good news feed and with the support from the third-company provider Trading Central. Trading Central is a market leading company, which streams the trading signals or opportunities directly to the platform and is fairly offering selection from the according to the status list. Once the live account has been opened, the trader can pick an asset type, choose the quantity of funds to commit on the trade, and then decide whether the market will rise or fall.

As for the trading chart, traders can select the view of the chart as:

  • Area Chart
  • Candlesticks Chart
  • Heiken Ashi Chart
  • Hollow Candlesticks Chart
  • Line Chart

The chart can also be displayed with different timeframes ranging from one minute to one month. Real-time news and market forecast feeds are displayed at the lower part of the trading chart. Leveraged trading is also possible with the Libertex’s trading platform.

Due to the nature of the account, the use of the unique multiplier, and the lack of dealer spreads; variables such as margin, leverage and dealing spreads are inconsequential, thereby making for a more efficient execution. Libertex’s platform comes complete with a technical analysis component that features indicators divided into Volatility, Trend and Oscillator types. Also, the platform comes with a section on fundamental analysis, and it lets the trader change the time frame of charts from one minute to one month.

If you prefer MT4 platform you can also benefit from premium trading tools and trading community access. Traders should still be well-equipped to trade with Elite CurrenSea’s Wizz, Camarilla indicators and SWAT or CAMMACD tools (available with 25% discount to our clients). If you join Libertex via Elite Currensea. Just register an account with both Elite CurrenSea (choose Libertex as your broker) and Libertex using our link or contacting your Personal Senior Account Executive and letting them know that you are coming via the Elite CurrenSea website.

Mobile Trading

Libertex has also provided their traders with mobile-friendly versions of their trading platform. Depending on the operating system and type of the mobile devices, customers can download the Libertex smartphone/tablet trading apps from Google Play Store or Apple App Store.

Education & Analysis

Unfortunately, the broker does not pay attention to this section, so in addition to financial news there are only a few video lessons. with the basics of trading and using Libertex trading platform.

For advanced trading education, if you choose to trust our judgement, we suggest you to go through our trading strategies, tools and analysis to get professional help for free. Will you need more info on MetaTrader 4 tools and software, make sure to check Elite CurrenSea’s Youtube channel and make sure to check our SWAT software.

Fly or Frie Verdict

Libertex appears to be an efficient forex broker that is regulated by CySEC, which helps ensure the safety of client funds, which are kept in segregated accounts under its regulation. Another advantage is the company’s award-winning trading platform, excellent news feed, and the company’s limits on client risk exposure.

On the downside, the lack of support for MetaTrader4 is a deal breaker for many traders, especially those who want to automate trading plans, run EAs or use custom indicators. The lack of educational resources and research is another disadvantage, particularly for novice traders. However, its fixed commissions instead of spreads and multipliers can be regarded as an advantage or disadvantage, depending on the trading style.

Overall, each year, the company strengthens in both, in the markets where it has established the presence and in the new markets where the company is entering through innovative products and services that are comprised by the clients trust.

Research done by Chris Svorcik and Nenad Kerkez Co-founders of Elite CurrenSea, Nenad and Chris are award-winning traders with over 10 years of technical analysis and teaching experience. They also offer education and technical analysis on top industry websites and constantly works on his proprietary trading system based on wave analysis ecs.SWAT and technical analysis ecs.CAMMACD.

Trade with LIBERTEX via Elite CurrenSea – Special Offer

To get the special discounts open an account with LIBERTEX via Elite CurrenSea. We value LIBERTEX for its trading conditions, integrity, and strong worldwide regulatory status.

Free ecs.LIVE subscription

You will receive a 3 months of ecs.LIVE subscription access, where our Research Team publishes Entry, SL, TP levels on FX, weekly webinars and premium analysis on currencies, stocks, crypto & commodities as well (usually €295).

Free SWAT Trading System (exclusive)

For the limited time, every new LIBERTEX client also can get SWAT trading system . The SWAT system has been developed by Chris Svorcik – an award-winning educator and analyst.

How to Get the Special Offer?

* Make sure You have an account with Elite CurrenSea
* Open an account with LIBERTEX using the link on our website
* Deposit at least $700*
* Reach us out via a contact form with a proof of deposit (screenshot) and your MT4 account number. Then we will give you access, send you a link to pay for a discounted product or answer your question within the same day.

* An important notice: We provide discounts only to traders who deposit & trades with the underlying broker. If two weeks after the deposit we notice no activity without prior clarification, we will assume that is was made solely to receive free system/ecs.LIVE, hence, the access to ecs.LIVE will be removed and user banished from the community. Keep in mind that SWAT is a protected system, if we notice that you don’t use brokerage services as intended (for trading) access to the system will be permanently removed after the first month. If you have a valid reason to wait with trading or need to make a withdrawal due to unforeseen events please contact us whithin reasonable time. We Hope for your integrity and understanding. If you prefer to trade with another broker take a look at trusted providers section.

Regardless of the account size, ecs.LIVE & Trading Systems offer a strong set of tools to noticeably grow Your account, however, if you are looking to grow Your equity in a faster pace an optimal deposit could be within $2,000 to $10,000 range.