Let’s review Libertex, part of Forex Club who’ve been around for ages (1997) and who offer a decent range of products: stocks, currencies (forex), cryptocurrencies, indices, commodities, gold, oil and gas.
Sponsors of Valencia CF and Getafe CF in LaLiga and with James Rodríguez as brand ambassador (guess what language their main target audience speak), these guys are an ECN broker with a simple, single account type: zero spreads and charging commission only. More pro orientated than most.
Massive 600:1 Leverage
On that note, if you are an experienced trader and/or professional, there is 600:1 leverage on offer which is pretty high, and beats most other brokers out there. For non-EU traders, you don’t need to be a pro and get this massive leverage from the off – handle this leverage with care please.
Libertex offers its own trading platform – a user-friendly interface which features some really innovative concepts including plenty of risk management tools. Enjoy instant withdrawals and practice for free on their demo account with 50,000 Euros. Libertex even provides an App for those who cannot bear to be away from small screens.
For the “own platform” haters out there, Libertex MT4 is also available.
Libertex boast that each client is treated with “special care and offered a variety of high-speed, reliable, cutting edge technology platforms to choose from”; quite a lofty claim, however they are ok to deal with, and have a varied range of nationalities on the support team, based out of Limassol, Cyprus.
Upon reviewing Libertex funding methods, its clear they have worked hard to provide multiple payment processors for traders, from different Banking methods, to eWallets like Skrill and Neteller to Credit and Debit cards and even vouchers such as teleingresso and Neosurf which is innovative.
Cyprus, because the brand Libertex is regulated by the CySEC.
Only real negative is that their website is very thin – it lacks detail and deep information on the platform, company and trading conditions. Still, keeps the cost of translations down (in ten languages other than English. Let us know what you think of Libertex and/or if you know anyone else trading with them.