Libertex is a forex broker that offers CFDs on indices, stocks, commodities, ETFs and cryptocurrencies in addition to currency pairs. The company is licensed in Europe by the regulatory authority CySEC, which allows it to legally offer its services to citizens from the Czech Republic, Slovakia and other European countries. The minimum deposit is set at just $10. The broker’s website is also available in the Czech language.
Libertex – Broker Overview
| Minimum deposit | 10 USD |
| Regulated broker | Yes |
| Regulation | CySEC |
| Trading platform | MT4, own |
| Demo account | Yes |
Libertex Fees (spreads)
Unlike most CFD brokers, Libertex does not charge a spread, but a commission for opening trading positions. For the current value of this fee, please visit the Libertex website.
| Asset | EUR/USD | USD/JPY | GBP/USD | AUD/USD |
| Libertex* | 0.0045% | 0.0065% | 0.0048% | 0.0074% |
*Data was removed from the broker’s web platform on 18.06.2019 at 12:52.
Libertex Review Summary
Libertex must adhere to the strict regulatory guidelines of the CySEC regulatory authority (License Number 164/12). The broker offers its own trading platform, which looks modern and is basically simple to use. Unfortunately, however, Libertex does not have as many assets available as, say, Plus500. On the other hand, there is quite a good number of cryptocurrency pairs (CFDs). The fees are solid and comparable to the competition on the market. Read more about competing brokers here.
Pros
- regulated broker
- modern trading platform
Cons
- limited selection of assets
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