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Libertex Review 2024: Is Libertex Legit or Scam? Can i make profits trading with libertex broker.
The Libertex.org is also libertex.com, the platform allows users to trade CFDs on stocks, cryptocurrencies, FX, commodities, and over 250+ unique instruments. Just like binarycent, you can trade on the go without having to download or install any software. In addition, with libertex, you can mine cryptocurrency and or earn by borrowing. If you agree that libertex is legit, we need you to prove it by telling us your experience.
Libertex Review 2024
Libertex broker is an online trading platform offering tradable CFDs with underlying assets being commodities, Forex, ETFs and cryptocurrencies. The platform was first registered 2016-07-06 and ever since then have grown large with over 3M+ clients worldwide in 120+ countries covered. Apart from being aged in the industry, libertex also offers commission-free investments in real stocks. Thereby making them to stand out above other brokers.
Over the years, Libertex has received more than 40 prestigious international awards and recognitions, including “Most Trusted Broker LATAM” (Ultimate Fintech Awards, 2022) and “Best Trading Platform” (FX Report Awards, 2022).
About Libertex.org, Is Libertex Regulated?
Since the founding of libertex, the Group has grown into a diverse of business.
The company is a trademark of Libertex International Company LLC.
Libertex.org is operated by Forex Club International LLC, a company registered in St. Vincent and the Grenadines (Registration No. 1277 LLC 2021).
However, the entity, which accepts payments from clients and transfers credit card payments back to clients, is Holcomb Finance Limited, a company registered in Cyprus (Kennedy, 12, KENNEDY BUSINESS CENTRE, Floor 2, 1087, Nicosia, Cyprus, Registration No. HE 183254).
Account Types
Libertex offer just two account types to everyone. Every trader gets the same account type and trading conditions, and there is no upgrade for more substantial deposits. Therefore the accounts available is Demo and real account.
Demo Account: The demo account is free and come with $50,000 for trading. Secondly it has all the features that the real account have except that you won’t make real profits. You can open a this demo account directly from the MT4/MT5 trading platforms. In fact it doesn’t require KYC to trade demo
Real Account: This account is the only real available trading account with minimum deposit of EUR 100. However it gives you access to all the features of the platform and most importantly, you will make real profits. With their real account, you can trade MT4/MT5 on web-based and app.
Libertex Trading Platforms
Libertex offers a competitive trading platform and most importantly gives traders opportunities to trade around the world. Therefore traders can use the MT4/MT5 trading platforms or Libertex Platform. However for those who don’t want to download any software can trade directly with the web-based. There’s equally mobile trading app, which serves as alternative to the platform. The MT4 software remains the market leader for algorithmic trading, and Libertex MT4/MT5 has an integrated copy trading system. The trading platform have a user-friendly interface. More-so, from our findings in libertex review, beginners can confidently start with the broker likewise advanced traders.
Is Libertex Legit?
Both libertex.com and Libertex.org is legit, users can put in their money and withdraw it back without complaining. However investing with the broker doesn’t guarantee you profitable investment. However, It’s very important to understand how trading works, especially when using mt4 mt5 on forex. Even though libertex is legit your profit is not sure. You can learn more on how to trade forex successfully here.
How Good Is The Libertex System?
In the process of our Libertex Review, we visited the platform and opened account. On trading with the platform we can say that they are good but not as eay as supposes. Therefore when trading with the platform, we suggest you use their mt4 or mt5. However for web-based trading, go for iqcent broker. In trading at libertex broker, we can say that beginners might find it difficult to understand.
How to Split on Libertex account?
The split portfolio account is the process of dividing one expensive stock into several cheaper stocks of the same company so that the total value does not change.
Example: You have 5 shares of TSLA on 31.03 at a price of $1,000/share, that is, a value of $5,000. The company announces that from 01.04, a 10-for-1 stock split is being carried out, that is, 10 shares will be given for 1 share.
That means that on 1 April, at the opening of the market, you will already have 50 (5 * 10) TSLA shares at a price of $100 each. In this case, the total cost will remain the same at $5000. Visit platform to get full information.
Customer Support
Libertex.org offers customer support service to users via email, phone, livechat and contact form/ticket. However, you can visit the office location Cyprus. More-so you can use the FAQs which is loaded with material for solutions.
Latin America: E-mail us at cs@libertex.org
By phone: Mexico: +52 (24) 4980 – 0526 Chile: +56 (2) 2938 -1702. For Colombia: +57 (60) 1665 – 9304, Vietnam: E-mail at cs.asia@libertex.org. By phone: +6566535650. Thailand, E-mail at cs.asia@libertex.org. However other countries
E-mail at support@libertex.org, By phone:
+44 745 641 78 28.
Libertex Trading Assets
Conclusion
Finally we will conclude our Libertex.org review by telling you that they are legit. You can start trading with the platform and enjoy transparency. However, If you are a beginner looking to start trading forex, libertex broker is equipped with educational resources to help you succeed. Other brokers you can compare with libertex for web-based is iqcent, Raceoption or you can pick here.
Overall: trading forex can be profitable and as well difficult. Therefore we advise that when investing with any broker, you should invest what you can afford to lose. The foriegn exchange involves higher level of risk and can lead to total loss of investment. However, See review on Miningrigrentals and ABmining platform if you do mine cryptocurrencies. It will help you to making decisions before investing.