Libertex Broker Review

Written by Emmanuel Ifeanyi

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Emmanuel Ifeanyi

Emmanuel Ifeanyi is a Financial Research and Platform Testing Analyst at BestBrokers.com, specialising in forex, stock and cryptocurrency trading. He is responsible for most of the site’s broker reviews, contributing detailed research and hands-on testing of trading conditions, fees, account types, available assets, usability and suitability for different types of traders.

, | Expert Editor Eugene Lee, CFA

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Eugene Lee, CFA

Eugene Lee, CFA, is the Head of Research at BestBrokers.com, where he draws on more than two decades of experience in global markets, portfolio management, derivatives, and fintech to evaluate online brokers. His background in institutional investing and quantitative research helps ensure that broker reviews are based on data, risk assessment, and real-world trading conditions.

, | Updated: September 9, 2026

Founded in 1997, Libertex Group is a multi-asset trading company offering contracts for difference (CFDs) on forex, cryptocurrencies, indices, hard and soft commodities, shares, and ETFs. Long-term investing in physical shares is also available through a dedicated account.

In Europe, the Libertex trading platform is operated by Indication Investments Ltd., which is regulated by the Cyprus Securities and Exchange Commission (CySEC). Its global operations are handled by Forex Club International LLC, registered in St. Vincent and the Grenadines. On Trustpilot, Libertex Europe has a rating of 3.9 stars based on 9,532 customer reviews. More than half of Trustpilot reviewers (60%) rated Libertex Europe five stars, while 11% gave a one-star rating.

Key Pros and Cons

If you are interested in a summary of the key advantages and drawbacks of Libertext, you can refer to the overview below. Note that certain characteristics are entity-specific.

Company Information

The Libertex brand traces its history to 1997 and forms part of the privately held Forex Club group. The European business is operated from Cyprus by Indication Investments Ltd. This company is a Cyprus Investment Firm and is responsible for services offered through the European website to eligible European Economic Area clients and individuals based in Switzerland.

The separate international website is associated with Forex Club International LLC in Saint Vincent and the Grenadines. However, the company does not presently hold a license from the SVG Financial Services Authority.

• Indication Investments Ltd, a European investment-services provider authorized by the Cyprus Securities and Exchange Commission under CIF licence 164/12, with registered headquarters at 10 Agiou Athanasiou, Ksenos Building, 7th floor, Limassol 4105, Cyprus. The company operates a Representative Office in Germany and is registered with the Federal Financial Supervisory Authority (BaFin) under BaFin ID 10161686 and Bak No. 161686.
• Forex Club International LLC, an international Libertex operator registered as a limited liability company in Saint Vincent and the Grenadines under number 1277 LLC 2021.

The corporate group serves over 22 million customers spread across more than 120 nations worldwide. Its conduct has earned 45+ international awards over its nearly 30 years of operation, including but not limited to the “Best Online Trading Platform” award granted during the Fintech Breakthrough Awards held in 2025, and “Best Broker LATAM” (Ultimate Fintech Awards, 2024).

Libertex’s parent company, Indication Investments Ltd, is a reputable firm that maintains a relatively clean track record in terms of regulatory scrutiny. However, it has been subject to enforcement action by CySEC on several occasions. In 2020, it was handed a €160,000 fine for offering leverage of over 1:30 to retail clients, while 2021 saw its license partially suspended for advertising commission discounts. CySEC reinstated Indication Investments Ltd’s license once the firm introduced measures to prevent such misconduct.

Why Trade with Libertex?

Here is a quick list of the features that we like most about Libertex.

Regulation

Indication Investments Ltd has been authorized by the Cyprus Securities and Exchange Commission (CySEC) under CIF licence 164/12 since 31 January 2012. CySEC supervises conduct, capital, reporting, and client-asset requirements under the European investment-services framework. The authorization applies to the named company and its approved services. It should not be attributed automatically to another Libertex group entity.

European retail accounts are subject to product-intervention leverage limits. The maximum is 1:30 for major currency pairs, falling to 1:20 for non-major currencies, gold, and major equity indices, 1:10 for other commodities and non-major indices, 1:5 for individual equities and 1:2 for cryptocurrency CFDs. Professional clients may qualify for higher limits but give up important retail protections.

The Cypriot entity states that retail client money is segregated from company funds and provides Negative Balance Protection in accordance with applicable rules. Eligible clients may also be covered by the Cyprus Investor Compensation Fund up to €20,000 if the investment firm cannot meet its obligations. The scheme does not reimburse ordinary trading losses or adverse market movements.

Complaints against the European entity should first be submitted to the firm through its formal complaints procedure. An unresolved eligible complaint may then be referred to the Financial Ombudsman of the Republic of Cyprus. Regulatory supervision reduces certain legal and operational risks but does not eliminate counterparty, technology, or market risk.

Global operations for LBX are managed by MAEX LIMITED, an entity registered in the Republic of Mauritius under company registration 158250 C1/GBL. The company maintains full regulatory oversight from the Financial Services Commission of Mauritius (FSCM) under License No. С118023400.

Forex Club International LLC is registered in Saint Vincent and the Grenadines. The jurisdiction’s Financial Services Authority registers local companies but does not supervise retail forex and CFD activity in the same manner as CySEC. International customers consequently lack the same statutory leverage restrictions, compensation scheme, and external investment-services complaints framework. Offshore leverage can be materially higher and should be checked in the current contract specification.

KYC Procedure for Account Creation and Depositing

Registration begins with an email address and password, followed by confirmation of the applicant’s personal data, including first and last name, and date of birth.

Next, applicants provide information on country of residence, city, address, postal code, and nationality. The country selection is important because it determines the contracting entity and which products, leverage limits, and payment methods can be offered.

European CFD applicants also complete an appropriateness assessment covering leveraged products. The result may trigger a risk warning where the broker considers the customer’s knowledge insufficient.

Identity verification is required before unrestricted trading and withdrawals. Libertex typically requests a government-issued identity document and proof of residential address. Additional source-of-funds or source-of-wealth evidence may be requested under anti-money-laundering controls.

Applicants are also asked for a phone number. The last step in the onboarding process involves funding the account. EU-based clients can use several payment processors, including PayPal, Google Pay, debit or credit cards, online bank transfer, Skrill, Neteller, and bank wire transfers.

A demo account is available for practising with virtual funds. Live-account approval time is not guaranteed and can be extended when submitted documents are incomplete, unclear, or require additional compliance review.

In short, the account creation process includes the following steps:

1. Create Login Details: Enter an email address, establish a password, and provide personal data.
2. Country of Residence: The country selection determines the contracting entity.
3. Take the Assessment: European CFD applicants answer questions about trading experience and leveraged-product knowledge.
4. Verify Identity: Upload the requested identity and address evidence and respond to any supplementary compliance checks.
5. Select the Service: Choose the relevant Libertex, MetaTrader, or Portfolio account where available.
6. Fund the Account: Deposit from a payment source held in the verified customer’s own name.

Account Types

The account structure is organized primarily by product form and platform. The two main European retail services are the leveraged CFD account and the non-leveraged Libertex Invest account.

• Libertex CFD Account (Standard Trading Account): This account offers leveraged derivatives with commission-based pricing.
• Libertex Invest (Long-Term Investing): An investment account for purchasing supported shares without CFD leverage, available to eligible European customers.

Professional Account

Professional classification is available to experienced European traders who want to access leverage of up to 1:600. To open such an account, clients must meet two out of three eligibility criteria:

• Trading activity involving at least 10 significantly sized transactions per quarter over the past four quarters
• One or more years of professional experience in the financial sector in a position that requires CFD knowledge
• A financial portfolio of over €500,000

However, this account type does come with certain drawbacks. Namely, traders waive access to several core protective mechanisms upon approval for professional client status:

• Extended Risk Warnings: The account is exempt from standardized, comprehensive statutory risk disclosures aimed at highlighting retail trading hazards.
• Investor Compensation Fund (ICF) Access: Professional accounts lose eligibility for financial recovery schemes provided by the ICF during broker insolvency events.
• Financial Ombudsman Services: Account holders relinquish recourse to independent external dispute resolution via the Financial Ombudsman.
• Negative Balance Protection: Professional traders are not eligible for Negative Balance Protection.

Swap-Free Account

If you plan on holding leveraged positions past the daily rollover, you will typically be charged (or paid) swaps depending on whether the markets move against you or in your favor. However, interest is considered Haram according to Sharia principles, which means that Muslim traders typically stick to day trading strategies.

Under the CySEC-regulated entity, Libertex does not offer a traditional dedicated swap-free or Islamic account option, but it does provide swap-free CFDs, including Spot BTC, Spot ETH, Spot XRP, and Libertex iGold. For all other leveraged CFDs (Forex, Indices, Stocks, and Commodities), standard overnight funding/swap fees apply when holding positions open past the daily market roll.

International Accounts

The account structure of Libertex’s SVG-registered branch differs from that of the CySEC-regulated entity. The most crucial difference is that international clients have access to commission-free accounts in addition to the broker’s commission-based offering. Here is a summary of the available account types:

• Libertex CFD Accounts: This category encompasses five account types in total, and the selection of available instruments includes forex, stock indices, shares, soft and hard commodities, and exchange-traded funds (ETFs). The Libertex account as well as the MT4/MT5 Standard accounts do not charge traders any commissions and instead include all of the non-swap trading costs in the spreads. Standard spreads start from 0.60 pips. The Raw spread accounts, on the other hand, come with a $3.00 commission per standard lot per side, but offer significantly lower spreads from 0.00 pips. To open a CFD account, traders must meet the $50 minimum deposit requirement.
• Libertex Portfolio: This is the counterpart of Europe’s Libertex Invest. It is suitable for long-term investors seeking exposure to physical stocks and exchange-traded funds. The account comes with no commissions, no swap fees, and no inactivity fees. Traders can also purchase fractional shares from 0.01 shares and get dividend payouts from companies’ stocks.

Demo Account

Libertex allows its clients to open demo accounts immediately after registration. The two available options are MT4 Market and MT5 Market, and they come with $/€50,000 in virtual balance. These accounts grant access to real-time quotes, indicators, and more, allowing traders to practice and test strategies in a risk-free environment.

Users are free to use their demo accounts for as long as necessary, seeing as they do not expire. Additionally, the balance resets to $/€50,000 if the trader runs out of virtual funds.

Account Features Missing at Libertex

While examining Libertex’s account structure, we noted that some account structures are exclusive to one of its entities. Trading CFDs without commissions, for example, is only possible at the SVG-based subsidiary. On the other hand, swap-free CFD products cannot be accessed unless the client is registered with the European brokerage. In terms of features, the broker does not offer guaranteed stop-losses across either of its entities.

Trading Fees and Other Costs

Libertex does not apply one pricing model to every service. Instead, the European branch operates on a strictly commission-based model for CFD trading, whereas its international accounts offer both spread-only and commission-based options. A commission-free account tailored for stock and ETF traders is available at either operating branch.

Spreads and commissions fall under the broker’s trading costs, which is the first category of expenses Libertex users will encounter. The other category involves non-trading fees.

• Trading Fees: This includes the bid-ask spread, commissions, and overnight financing rates.
• Non-Trading Costs: This includes deposit and withdrawal fees, currency conversion, and inactivity fees.

Below, we provide an overview of the various costs associated with using Libertex:

Spreads

The spread represents the difference between the bid and ask prices of the two currencies that make up a forex pair. Spreads at Libertex are variable and can widen during illiquid periods, market openings, and significant news events. Their sizing is also dependent on the commission structure, which is different across its entities.

Libertex Europe

In Europe, Libertex offers low spreads since all of its CFD accounts come with commissions, and you can observe the average spreads of select FX majors below:

Libertex International

At the international entity, the minimum spreads are dependent on the account type at the international entity. As established, Standard accounts are commission-free, which is why their minimums and averages are higher than Raw accounts:

• MT4/MT5 Standard: from 0.60 pips
• MT4/MT5 Raw: from 0.00 pips
• Libertex Account: no set minimum

The broker also lists spread averages per instrument. At the global entity, these costs vary based on the account structure and your platform of choice.

The trading costs are fully incorporated into the spread when you trade with Standard accounts. When it comes to Raw accounts, however, you will be charged an additional fee in exchange for lower spreads. To compare the two, we will take a look at an example EUR/USD position traded with the MT4 Standard and MT4 Raw accounts. We will use standard lots where a one-pip price movement will translate to $10.

MT4 Standard

• EUR/USD Spread – 0.60 pips
• Commission – $0.00
• TOTAL COST – (0.60 x $10) + $0.00 = $6.00 per side ($12.00 per round-turn)

MT4 Raw

• EUR/USD Spread – 0.00 pips
• EUR/USD Spread Cost – 0.00 x $10 = $0.00
• Commission – $3.00 per side
• TOTAL COST – $0.00 + $3.00 = $3 per side ($6 per round-turn)

Essentially, the only trading cost when using the MT4 Raw account is the commission. As a result, you will pay half the price of trading the EUR/USD with an MT4 Standard account.

To get an idea of how the broker performs in the context of the overall forex market, we will now compare its MT4 Standard spreads with the commission-free spread averages of other popular brands:

Overall, Libertex outperformed the included brokers when it comes to most of its major pair spreads. USD/CAD and NZD/USD are the only exceptions, as both have a spread of 1.20 pips that is higher than Fusion Markets’ sub-one-pip spreads.

Commissions

European clients pay commissions on their CFD forex trades. The exact commission size varies per account type:

If you trade with mini or standard lots, the commission size will be adjusted accordingly. To demonstrate, we will take a look at the commissions of the MT4 Pro account:

• One Standard Lot (100,000 base currency units: $3.00 per round-turn and $1.50 per side
• One Mini Lot (10,000 base currency units): $0.30 per round-turn and $0.15 per side
• One Micro Lot (1,000 base currency units): $0.03 per round-turn and $0.015 per side

When using Libertex accounts, a commission of -0.005 % applies (€5.00 per standard lot per side). This commission is applied once upon opening and once upon closing a given FX position, and its dollar amount is based on the investment amount, the multiplier, and the current value of your position. If the position size is $100,000, for example, then the commission amount is €5 per trade.

The SVG-registered brokerage does not apply commissions on trades executed through its Standard accounts. However, both MT4/MT5 Raw accounts and the Libertex account come with an extra fee. You can see the forex commission per micro lot per round-trip for each account type below:

Keep in mind that the commission size will be different if you use a lot size other than micro lots. When focusing on the MT4 Raw account, you will pay the following forex commissions per lot during trading:

• One Standard Lot (100,000 base currency units: $6 per round-turn and $3 per side
• One Mini Lot (10,000 base currency units): $0.6 per round-turn and $0.3 per side
• One Micro Lot (1,000 base currency units): $0.06 per round-turn and $0.03 per side

Apart from forex, the broker also charges commissions for trading cryptocurrencies. Libertex charges a commission of 0.10% per round-turn on MT4/5 accounts, while the commission per trade when using a Libertex account is -0.1 % (this indicates a small rebate applied to the trade rather than a cost).

Financing Charges

Leveraged positions require that traders be charged or credited interest when they keep a given position open past daily market hours. This cost is known as the swap, and its size is based on the interest rate differential between the purchased and sold currencies of a forex pair. To compensate for the weekend, brokers also apply triple swaps once a week.

Libertex applies swaps at 21:00 GMT, and below, you can view the rollover charges that were listed on its platform on August 27, 2026.

European clients who adhere to Sharia principles trade several dedicated swap-free instruments. At present, the global Libertex subsidiary does not offer an Islamic account for trading forex and other derivatives. The only swap-free option is Libertex Portfolio, which is an account dedicated to long-term investments in real stocks and ETFs.

Deposit Fees

Libertex does not charge its clients for account deposits unless they top up via online banking, which comes with a fee of up to 6%. The fee applies solely to the clients registered through the SVG branch. For further details, see Deposit Methods.

Withdrawal Fees

Withdrawal pricing is method-specific. While some payment solutions involve fees, others come with no additional costs attached by the broker. For more details, see Withdrawal Methods.

Inactivity Fees

At Libertex, an account is considered inactive if a European trader has not conducted any trading or non-trading activity (deposits, withdrawals) over the course of 180 consecutive days. Once an account gains inactive status, Libertex will charge a non-refundable monthly fee of €10 for each consecutive month the account remains open.

The fee is only charged if the account has a balance no higher than €5,000. Moreover, the fee cannot lead to a negative balance, meaning users who have less than €10 remaining in their inactive account will be charged a lower fee until the balance drops to €0. Accounts with funds of €5,000 or higher are exempt from the inactivity charge.

As for the global Libertex brokerage, the fee amount is similar ($10 per month), but account dormancy applies to accounts that have been inactive for 90 days. On the other hand, this inactivity fee can be refunded. To do so, clients can contact their personal advisor and request a refund.

Overall on Fees

Libertex is suitable for traders who do not mind paying a commission in exchange for significantly lower spreads. Although European clients have no access to spread-only accounts, these account types are available at the SVG-registered entity.

Commission rates, as shown above, vary per entity and account type. The €1.50 commission of the EU MT4 Pro account is exceptionally low in the online forex market.

Apart from spreads and commissions, clients will also be charged swap fees if they keep CFD positions open for more than one trading day. Select swap-free products are exclusive to the European entity, and the only other account type without swaps is for long-term investments in stocks.

In terms of non-trading costs, the broker levies a $/€10 fee for inactivity, but this charge can be refunded on request if one is trading with Libertex SVG. While deposit methods are usually fee-free, most withdrawal solutions come with charges.

Desktop Trading Platforms

Libertex supports its browser-based proprietary platform alongside the third-party platforms MetaTrader 4 and MetaTrader 5. The SVG-registered entity adds the Libertex Social Copy Trading Platform to the range of available software.

Libertex Platform

The proprietary Libertex trading platform is available both as a web-based browser interface and as a mobile app for iOS and Android devices. This eliminates the need for desktop installations while offering full access to technical analysis tools, interactive charts, and account management across all operating systems.

• 1,000+ tradable instruments: Access a broad multi-asset portfolio comprising stock CFDs (major US/EU equities), global stock index CFDs, precious metals (such as gold, silver, and the proprietary iGold instrument), cryptocurrency CFDs, major and minor forex pairs, energy commodities (oil and gas), ETFs, and agriculture CFDs, alongside non-leveraged real shares via the Libertex Invest account.
• Order Controls: Users can define trade size and add stop-loss and take-profit instructions.
• Charting: Multiple timeframes, technical indicators, and drawing tools are available.
• Cost Display: The applicable percentage commission is shown before confirmation. Under the CySEC-regulated entity, for example, the commission is shown as 0.005%, which equates to €5 per standard lot per side.
• Account Access: Trading and general account functions are integrated into one user-friendly interface.
• Demo Account: A demo account with 50,000 in virtual balance is available, and traders can switch between demo and real trading.

The platform is accessible for less experienced users, but it does not provide the same scripting ecosystem as MetaTrader.

MetaTrader 4

MT4 is available for compatible Libertex CFD accounts through desktop, web, and mobile versions. The platform supports custom indicators, automated Expert Advisors (EAs), and the MQL4 programming language across a wide range of asset classes, including forex, stock CFDs, indices, metals, energy, crypto, and ETFs.

• Technical Analysis: Offers 24 analytical chart items, 30 built-in technical indicators, drawing objects, and nine timeframes.
• Automation: Supports automated trading through Expert Advisors (EAs) and built-in MQL4 algorithmic scripts, subject to broker execution rules.
• Strategy Testing: Features single-threaded backtesting for testing custom MQL4 algorithms against historical price data.
• Order Management: Market, limit, stop, and trailing stop orders are supported. Position hedging is permitted on MT4 accounts.

MT4 remains the industry standard for existing algorithmic traders and custom MQL4 EA setups, though it lacks the native depth of market (DOM) capabilities, built-in economic calendar, and expanded asset infrastructure provided by MT5.

MetaTrader 5

MT5 adds the MQL5 environment, more timeframes, additional pending-order types, and a more capable strategy tester.

• Expanded Charting: Features 21 timeframes (including 12 additional short-term options), 38 built-in technical indicators (compared to 30 on MT4), 44 graphical objects, and support for opening an unlimited number of concurrent price charts.
• Algorithmic Trading: The upgraded MQL5 object-oriented environment enables faster execution and easier development of custom Expert Advisors (EAs), indicators, and utility scripts. The environment transitions to a position-based system and supports operational structures like netting alongside traditional hedging.
• Strategy Testing: Incorporates a multi-threaded Strategy Tester that utilizes 64-bit processing to execute concurrent optimization passes across multiple assets using historical tick data.
• Market Tools: Replaces basic text news feeds with an integrated real-time Economic Calendar. Events display scheduled release times, actual vs. consensus figures, volatility impact rankings, affected financial instruments, and potential market reaction scenarios.
• Order Management: Supports six pending order types (adding Buy Stop Limit and Sell Stop Limit to standard Limit and Stop orders), partial order fills, depth of market (DOM) pricing data, and both netting and hedging execution models on compatible Libertex account structures.

Available CFD symbols, underlying asset coverage, maximum leverage limits, and execution models depend on regional entity regulations and individual account types.

Libertex Social Copy Trading Platform

Libertex’s offshore entity, registered in St. Vincent and the Grenadines (SVG), provides copy trading functionality via the specialized Libertex Social Copy Trading app, powered by FCA-regulated white-label provider Pelican Trading. The platform connects directly to client MT4 and MT5 accounts, allowing beginners to browse verified lead traders filtered by return on investment, win rates, and historical drawdowns. Once connected, open positions, modifications, and closures are automatically mirrored in real time with proportional position sizing. Traders maintain full capital control, with options to set custom risk limits, adjust stop-loss parameters, pause replication, or detach from strategy managers at any time.

Mobile Trading Platforms

The official Libertex mobile application is available for Android and iOS. It combines market access, watchlists, charts, trade placement, and account management. MetaTrader’s separate MT4 and MT5 apps can also be used with compatible accounts.
The proprietary app supports common order controls and monitoring functions, but detailed chart work and strategy development remain more practical on a larger screen. Expert Advisors do not run inside the MetaTrader mobile apps. They require a desktop terminal or externally hosted environment.

Trading Instruments

Libertex offers more than 1,000 CFD instruments. Its underlying markets cover forex, company shares, stock indices, commodities, ETFs, cryptocurrencies, bonds, and options. Exact totals change as symbols are added, suspended, or removed, and the complete range is not identical across entities or platforms.
A CFD gives economic exposure to a price movement without ownership of the underlying asset. This distinction is particularly important for stock, ETF, and cryptocurrency CFDs. Eligible European clients who want ownership of supported shares must use the separate Libertex Invest service.

Forex

Libertex provides access to over 50 foreign exchange markets, spanning major currency pairs like EUR/USD and GBP/USD alongside minor crosses and select exotic instruments. Trading conditions, commissions, and leverage limits vary depending on the operating entity under which the account is opened.

For European clients trading under the CySEC-regulated entity, leverage is capped in compliance with ESMA regulations at 1:30 for major pairs and 1:20 for minor and exotic pairs. Trading operates on a spread-plus-commission structure, charging a €5 fee upon opening a position and another €5 upon closing (€10 round-turn per lot). Positions held open overnight incur swap rates, which are updated daily on the broker’s contract specifications page. Trades carry a maximum execution volume of €10 million per transaction, with account liquidation triggered at a 50% stop-out level.

Under the international entity, leverage is dynamic and scaled based on the asset traded and total position size, reaching up to 1:1,000 for major currency pairs. Commission structures depend on the selected platform and account type: the Libertex account charges a $7 round-turn commission, while MT4 and MT5 Raw Spread accounts carry a $6 round-turn fee. Standard accounts on MT4 and MT5 operate on a spread-only model with zero commission fees. Maximum trade sizes under this entity are capped at 10 million units of the base currency.

Stock CFDs

Stock CFDs form a significant part of the broker’s asset catalog, offering exposure to leading companies across global equity markets. On the Libertex product specification page, traders can filter instruments by various sector subgroups, including Technology, Luxury, Healthcare, Consumer Goods, Energy, Industrials, Financials, Telecommunications, and Automotive. Trading CFDs enables both long and short market exposure on margin without conferring corporate voting rights or direct equity ownership.

For investors seeking direct share ownership, Libertex Invest accounts allow non-leveraged equity purchases in supported European jurisdictions. Under the CySEC-regulated entity, leverage for retail equity CFDs is capped at 1:5 in compliance with ESMA rules.

Under the international entity, leverage limits depend on the selected platform and individual equity. On the proprietary Libertex platform, stock CFDs use a dynamic multiplier capped at 1:999.

Cryptocurrencies

Where local regulations permit, Libertex offers access to a broad selection of over 100 cryptocurrency CFDs, an offering that exceeds the product catalog of many competing brokers. These derivative contracts allow traders to speculate purely on price movements in both rising and falling markets without acquiring underlying token ownership or requiring external wallet transfers. Under CySEC jurisdiction, retail crypto CFD leverage is strictly capped at 1:2 to comply with ESMA investor protection guidelines.

For clients registered under the international entity, leverage is flexible and governed by a dynamic multiplier system selected at order entry. Maximum ratios can reach up to 1:999 depending on the specific digital asset, market liquidity, and broader trading conditions, with exact limits displayed directly in the instrument specifications. Additionally, crypto CFDs form part of a specialized asset group where available leverage is automatically reduced by half on Friday evenings ahead of the weekend market close to mitigate gap risk.

Metals

The scope of metals CFDs and their underlying margin requirements depend directly on the operating entity. For European clients trading under the CySEC-regulated branch, the selection covers core industrial and precious metals, including Copper, Palladium, Platinum, Silver, and Gold, with Gold tradable against the US Dollar, Euro, and Silver, alongside a specialized Weekly Gold contract. Retail leverage is restricted in accordance with ESMA limits, capped at 1:20 for Gold pairs (XAU/USD, XAU/EUR, and Gold Weekly) and 1:10 for all other metal CFDs. The account liquidation threshold is set at a 50% stop-out level.

Clients under the international entity gain access to a broader metals lineup that incorporates standard physical contracts, synthetic products, and tokenized assets. The catalog features Copper, Palladium, Platinum, Silver, Gold (XAU/USD), Gold/EUR (XAU/EUR), Gold/Silver ratio (XAU/XAG), Crypto Gold 24/7 (XAUT), and high-velocity Turbo Gold (tXAU/USD) and Turbo Silver (tXAG/USD) contracts.

Leverage under the international branch is significantly higher and structured by asset volatility. Copper, Gold/EUR, Platinum, and Palladium carry maximum leverage of 1:100, while Silver reaches 1:200. Standard Gold, Gold/Silver, and Crypto Gold 24/7 offer leverage up to 1:300, whereas Turbo Gold and Turbo Silver allow maximum leverage scaling up to 1:1,000. Under this entity, positions are subject to a 10% stop-out level.

Commodities

Beyond precious and industrial metals, Libertex provides commodity CFDs covering major energy markets and soft agricultural products, with contract prices referencing underlying benchmarks.

The energy portfolio includes Brent Crude Oil, WTI Crude Oil, Light Sweet Crude Oil, Heating Oil Cash, and Henry Hub Natural Gas. Under CySEC regulation, retail leverage across all energy instruments is capped at 1:10. Under the international entity, maximum leverage reaches 1:100 for crude oil contracts and heating oil, while natural gas instruments carry maximum leverage of 1:60.

Agricultural coverage spans key soft commodities, including Coffee Arabica Cash, Cocoa Cash, Wheat Cash, Soybean Cash, Sugar Cash, and Corn Cash. European retail traders are restricted to 1:10 leverage on agricultural CFDs, whereas the international branch allows maximum leverage up to 1:100 across the entire soft commodities suite.

Indices

Index CFDs provide broad exposure to major equity benchmarks across US, European, and Asian markets. As over-the-counter derivative contracts rather than direct exchange-listed index futures, positions are subject to overnight financing charges, making them best suited for short- to medium-term trading strategies rather than extended holding periods.

The index catalog is segmented into key global regions. The US selection features the Dow Jones (US DJ 30), Nasdaq 100 (US NDAQ 100), S&P 500 (US SPX 500), and Russell 2000 Cash (US 2000 Cash), alongside specialized contracts like the U.S. Dollar Index Cash and the Volatility Index. European coverage encompasses the Germany 40 (DAX), EURO STOXX 50, UK 100 (FTSE 100), Netherlands 25 (AEX), and France 40 (CAC 40 Cash). Asian market exposure is provided through the China A50 Cash and Hong Kong 50 (Hang Seng Index Cash).

Leverage parameters vary according to the governing regulatory entity. Under CySEC rules for European retail traders, major equity indices such as the S&P 500, FTSE 100, and DAX carry a maximum leverage cap of 1:20, while minor or regional indices are restricted to 1:10. Under the international entity, leverage is dynamic and scales according to position size and underlying asset liquidity, ranging from 1:30 up to 1:500 for major global benchmarks.

ETFs

Libertex offers a targeted selection of exchange-traded fund (ETF) CFDs, allowing traders to gain leveraged exposure to broad equity indices, regional international markets, fixed income, and spot digital assets without purchasing the underlying shares.

The ETF CFD catalog covers major funds across multiple global asset classes, including spot digital assets through the iShares Bitcoin Trust ETF and fixed income via the iShares Core U.S. Aggregate Bond ETF. Developed and regional stock markets are accessible through the Vanguard FTSE Europe ETF, iShares MSCI Germany ETF, and iShares MSCI United Kingdom ETF. For broader geographical reach, exposure to emerging and international markets is provided by the iShares China Large-Cap ETF, iShares MSCI Brazil ETF, iShares MSCI Mexico ETF, and iShares Latin America 40 ETF, while US mid-cap equity exposure is covered by the iShares Core S&P Mid-Cap ETF.

Across both European and international operating entities, maximum allowable leverage for ETF CFDs is set at 1:5 or 1:20 depending on the specific underlying fund, asset tier, and local regulatory limits.

Bonds

Libertex provides targeted fixed-income exposure through bond ETF CFDs based on US Treasury securities across varying maturity spectrums. The selection includes short-term paper via the iShares 1-3 Year Treasury Bond ETF, intermediate durations through the iShares 7-10 Year Treasury Bond ETF, and long-term sovereign debt via the iShares 20+ Year Treasury Bond ETF.

Leverage terms depend on the operating entity. European retail traders under the CySEC-regulated branch are restricted to a maximum leverage cap of 1:5 in compliance with ESMA rules. Under the international entity, maximum leverage increases to 1:20 across the fixed-income catalog.

CFDs on Options

Libertex provides exposure to option markets through derivative contracts, allowing clients to trade options CFDs on benchmark assets. The selection covers key equity indices, including the DAX and US SPX 500, alongside major commodities such as Brent Crude Oil and Gold. Clients seeking a deeper understanding of these instruments can access an exclusive instructional webinar hosted on the platform, which breaks down options CFD mechanics, pricing models, and core risk management strategies.

Leverage for options CFDs is kept strictly conservative to manage the heightened volatility and rapid price fluctuations inherent to options pricing. Maximum allowable leverage is set to 1:5 for standard assets, while cryptocurrency options CFDs (such as BTC/USD and ETH/USD) are limited to 1:2. These restricted caps serve as a crucial risk mitigation control to protect traders from sharp market swings.

Availability varies by region and corporate structure. Options CFDs are offered exclusively under the European regulated branch, whereas the international entity of Libertex does not provide traditional options or options CFD trading.

Swap-Free CFDs

Libertex does not offer a standalone Islamic or swap-free trading account structure. Instead, swap-free trading is integrated into specific non-leveraged instruments and specialized product categories across the platform.

Real share investing is available through Libertex Invest, a dedicated account model designed for fractional and full equity purchases that operates completely free of overnight swaps, margin calls, and stop-out risks. For digital asset traders, selected benchmark spot crypto CFDs, including Bitcoin, Ethereum, and XRP, are engineered specifically to eliminate daily financing charges. Additionally, the broker provides iGold, a specialized gold investment instrument operating with 1:1 leverage that carries zero swap fees for extended holding periods.

Trade Execution

Under the CySEC-regulated EU entity (Indication Investments Ltd), Libertex operates as a Market Maker across its proprietary platform and MetaTrader offerings, executing client orders via Market Execution. Under this model, trade requests are matched at the best available market price drawn from liquidity sources at the moment the order reaches the broker’s servers. Because execution is market-based rather than instant-guaranteed, final execution prices reflect real-time market depth, live order book availability, and prevailing market volatility.

Execution speeds typically register within fractions of a second under standard market conditions, particularly across high-volume assets like major currency pairs and liquid equity indices. However, fill speeds and pricing stability can fluctuate during macroeconomic news releases, periods of high server loads, or low market liquidity. During these times, trades may experience positive or negative slippage, as orders are filled against the next available liquidity tier in the order book.

Libertex does not provide a native Forex VPS hosting program or subsidized server integration for automated trading strategies. Traders using MetaTrader expert advisors or high-frequency algorithms must procure and configure their own third-party VPS solutions independently.

Deposits

Funding options include credit and debit cards, bank transfers, and selected electronic wallets. The precise list is generated according to the client’s legal entity, country, account currency, and verification status, so a method visible to one customer may not be offered to another.

The European initial funding requirement is €100. Deposits at the international branch start from a minimum of $50. Libertex generally does not charge a deposit fee, but the customer’s bank or payment service may impose transfer, card, or conversion costs. Card and wallet payments are usually credited faster than bank transfers, subject to successful payment-provider authorisation.

Deposits must originate from an account or payment instrument held in the verified client’s name. Libertex may request source-of-funds evidence or return an unsupported third-party payment.

Withdrawal Methods

Withdrawals can be requested from the account cashier after identity verification. Libertex may require funds to be returned to the original payment source before allowing another method, particularly where this is necessary for card-network or anti-money-laundering compliance.

Internal review and payment-network settlement are separate stages. A request may be approved by Libertex before the funds appear on a card or bank statement. Additional checks can lengthen handling where account names do not match, or the transaction requires source-of-funds verification.

Fees and minimums are method-, currency- and entity-specific. The amount displayed in the cashier before confirmation is the relevant current figure, and intermediary banks or wallets may deduct separate charges.

Customer Support Contacts

Libertex provides several communication channels, including live chat, email, telephone, and an online help centre. The relevant contact route depends on whether the customer uses the European or international website.
The knowledge base covers registration, verification, funding, trading functions, and common technical questions. It is suitable for routine self-service enquiries, while account-specific payment or compliance matters require direct contact.

1. Live Chat: The chat widget is accessed through the website or personal client area when an agent is available. It is appropriate for general account and platform questions, but complex compliance cases may require written documents.
2. Email – The broker publishes separate addresses for the two websites:
   • European support: support@help.libertex.com
   • International support (including Latin America): info@help.libertex.org
   • Vietnam: cs@help.lbofficial.org
   • Thailand: cc@help.libertex.org
3. Telephone:
   +357 22 025 100 (Cyprus)
   +52 55 4163 8577 (Mexico)
   +56 2 3210 4905 (Chile)
   +57 300 916 2897 (Colombia)
   +447456417828 (Other countries)
4. FAQs: The help centre explains account creation, verification, deposits, withdrawals, fees, and basic platform operation. Legal or account-specific disputes still require direct contact.

Research and Educational Materials

Libertex combines market commentary and calendar-based tools with introductory trading education. The material is most useful to retail beginners and intermediate users rather than professional analysts requiring institutional datasets or deep quantitative research.

Research

The broker publishes market news, technical and fundamental commentary, instrument-focused trading ideas, and an economic calendar. Coverage follows major currencies, equities, commodities, indices, and cryptocurrencies. The value of individual forecasts depends on the author’s assumptions, and past analytical success does not indicate future performance.

• Market Analysis: Real-time financial news, technical breakdowns, macroeconomic coverage, and updates on major market-moving events like central bank rate decisions.
• Economic Calendar: A real-time tracking tool for scheduled economic indicators, earnings reports, and central bank announcements to help anticipate volatility.
• Daily Digest and News: Timely market commentaries and actionable trading signals derived from live currency and asset price feeds.
• Technical analysis tools: Comprehensive charting tools featuring key technical indicators (RSI, MACD, Bollinger Bands, Moving Averages) and drawing tools for mapping support, resistance, and trendlines.

Education

Educational resources include introductory articles, platform instructions, and explanations of trading concepts. A demo account allows users to practise order entry alongside the written material.

• Structured Lessons: Modules covering fundamental execution mechanics, position sizing, stop-loss and take-profit setup, and portfolio allocation.
• Platform Guidance: Step-by-step tutorials detailing order management and technical features across both the proprietary Libertex app and MetaTrader platforms.
• Online Courses: Structured courses designed for beginner and intermediate traders, exploring market analysis techniques, risk management, and trading psychology.
• Webinars and Articles:Expert-led online sessions and analytical publications exploring current market trends and practical trading strategies.
• Demo Account: Virtual funds allow users to test platform controls without exposing real capital.

Security and Money Guarantees

Money protection depends first on the legal entity. Indication Investments Ltd, the CySEC-regulated entity of Libertex, must apply retail leverage limits (1:30 on forex majors, 1:20 on minor/exotic forex, gold, and major indices, 1:10 on other commodities and minor indices, 1:5 on Stocks and ETFs, 1:2 on cryptocurrencies. The company must segregate client funds, apply Negative Balance Protection to retail CFD accounts and participate in the Investor Compensation Fund for eligible claims. These arrangements concern company failure and account liabilities, not losses caused by an unsuccessful trade.

International customers do not receive the same compensation-scheme protection or European retail leverage limits. They should assess the contractual entity and dispute venue before funding rather than relying on the group’s European licence.

Conclusion and Overall Rating

Libertex may suit self-directed retail clients who want a simple proprietary interface, the option to use MetaTrader, and access to a varied CFD catalog. The CySEC-regulated service is the stronger proposition from a legal-protection perspective, while the Libertex Invest account adds a useful non-CFD route to selected shares for eligible European investors.

Costs can be competitive for particular instruments, but the commission, spread, and financing structure must be checked on the intended platform. The inactivity charge is also relevant for occasional users.

Trading CFDs and other leveraged derivatives involves a high risk of rapid loss. This review is not investment advice or a personal recommendation, and past performance is not indicative of future results.

• The Libertex brand dates to 1997.
• Indication Investments Ltd operates libertex.com and is regulated by CySEC under CIF licence 164/12.
• Forex Club International LLC operates libertex.org. The international entity does not offer equivalent European regulatory protection.
• Libertex, MetaTrader 4, and MetaTrader 5 are supported.
• The broker offers more than 1,000 CFDs.
• Eligible European clients can use a separate real-share Libertex Invest account. The Portfolio account applies to international customers.
• An inactivity fee of $/€10 applies after 180 days at the European entity and 90 days at the international entity.
• Cards, bank transfers, and selected electronic wallets support account funding.
• Some withdrawal methods incur internal processing fees.

About the Editorial Team

Eugene Lee, CFA, is the Head of Research at BestBrokers.com, where he draws on more than two decades of experience in global markets, portfolio management, derivatives, and fintech to evaluate online brokers. His background in institutional investing and quantitative research helps ensure that broker reviews are based on data, risk assessment, and real-world trading conditions. He is also one of the key contributors responsible for developing and refining the testing methodology used across BestBrokers.com.

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Emmanuel Ifeanyi is a Financial Research and Platform Testing Analyst at BestBrokers.com, specialising in forex, stock and cryptocurrency trading. He is responsible for most of the site’s broker reviews, contributing detailed research and hands-on testing of trading conditions, fees, account types, available assets, usability and suitability for different types of traders.