"Libertex is an online CFD and forex broker who is a part of multinational brand Forex Club Group. Founded in 1997, this European broker has since extended its reach in 27 countries, offering its 2.2 million clients worldwide services in currencies, commodities, stocks, indices, and cryptocurrencies. |
The firm has also earned 30 international awards, with the latest including the Best Crypto-Currencies Broker and the Best Trading App in 2017 and 2018. Its platform features 213 assets available for trading.
When it comes to trading platforms, this broker offers its own proprietary platform, which is accessible through the web or mobile phones (iOS and Android).
Once traders have funded their live Libertex accounts, they can simply select an asset type, the amount of money to commit, and then speculate on a market’s movement.
Libertex Account Types The Libertex keeps its account types to a minimum. The platform offers a Demo and two live accounts, i.e., the Libertex and Libertex Pro account. The process of switching from a Demo account to a live account and vice versa is easily done as well.
Clients may start trading with Libertex for as low as €10, and the process would only take 5-10 minutes.
Here’s a rundown of each account:
Demo Account Web-based and mobile trading available Terminal used is the same as where live trading takes place Virtual money worth €50,000 will be automatically credited Libertex Account Leverage up to 1:600 No spread charges Commission starts from 0.03% $100 minimum transaction amount for all tools Marker order execution available Mobile (iOS and Android) trading available Libertex Pro Account Clients of Libertex with Pro accounts can benefit from not being subjected to the new European leverage restrictions and a maximum leverage of 1:600, although traders must first meet at least two of the following requirements to be able to register for a Pro account.
Traders must have done at least 10 transactions per quarter, of considerable size, over the last four quarters on the relevant market. They need to have a background in the financial industry. At least one year of experience in a job involving financial-related transactions or services. The size of the portfolio should be more than €500,000 (including cash savings and financial instruments. Trading Products at Libertex The Libertex platform caters to a wide range of trading assets, including currencies, metals, indices, stocks, ETFs, oil and gas, agriculture, as well as cryptocurrencies. All assets use a market execution method. Details of each asset are as follows:"
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