Is Libertex legit or scam

The quickest mode of withdrawal is through e-wallets, like Neteller and Skrill, which takes less than half an hour. One needs to visit the Financial Operations section in the Personal Area of the FBS website to deposit funds in the account for trading through the MetaTrader platforms of FBS. The platform allows the deposit of money in EUR USD currencies through wire transfer VISA, Neteller, Sticpay, Skrill, Perfect Money, and Local exchanges.

  • ReportScamOnline now considers Libertex to be operating an online scam.
  • Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
  • However, there is a need to make a few improvements, like the launch of more trading instruments and the removal of geo-blocking restrictions.
  • It has become a reputable brand in the financial market over the last 10 years.

There is no trading limit for the ECN Account users, unlike for the other account types that use STP. It seems from the FBS review that the users only have to make higher minimum deposits to upgrade the account tier and gain access to more competitive trading requirements. Traders can use the MT4/MT5 trading platforms or Libertex Platform, web-based and mobile alternatives. Unfortunately, Libertex does not offer any add-ons for MT4/MT5. MT4 remains the market leader for algorithmic trading, and MT4/MT5 has an integrated copy trading system. The Libertex trading platform features a user-friendly interface.

Access to a wide variety of tools and cutting edge trading technologies that include trading calculators, technical indicators, and more for raking in rich returns. An FBS side Forex trading TV for the telecast for weekly insight reports, informational videos, and trading strategies. Accessibility to a wider variety of order variety and different timeframes for copy trading. A request to settle a debt, taxes or other amount owing and to send money via courier, prepaid bank card or gift card. Traders needing assistance from ForexClub staff can receive direct responses 24/5 via phone, chat and email.

Since its operations years ago, it has received more than 40 international awards. The clients of the FBS online forex broker platform are provided with the opportunity of providing multiple types of account types. The traders of the EU region are offered the Cent and Standard Accounts. The international offices of the FBS allow the users to open ECN, Zero Spread, and Micro Accounts.

Is a Scam? What Is Your Opinion?

Libertex is great for traders from different countries since it can show information in 8 languages. They have, however, made their service compatible with Metatrader. Clients can use MetaTrader 4 or MetaTrader 5 , two limefx broker reviews well-known trading platforms with a wide range of capabilities and features, in addition to their own customized platform. The bonus on offer is a match deposit bonus from a minimum of $100 to a maximum of $10,000.

Beginning traders engage in forex trading or copy trading by signing up with the Cent Account of FBS. The users have to make an initial deposit of only USD 1 to initiate low-risk trading in the markets. For dealing in stocks, the users need to conduct trading with a minimal spread between 1 and 50, while the typical spread lies between 2 and 200. In stock trading, the order value is estimated by multiplying the lot volume with the opening price of the stocks. The commission fee for trading in stocks is 0.7% of the order value.

No complaints to the company.

Libertex has more than 250 available underlying assets to trade on. This includes CFDs on 50 different cryptocurrencies, EAA countries covered and has more than 2 million clients. When you decide to trade live and not demo, you can fund your account directly and the minimum deposit is €100 with no fees. We would recommend for you to complete the verification of your account before proceeding with trading real money for security. If you deposit funds without verifying the account and later have problems with verification, there might be difficulty in the withdrawal of funds.

The mobile application has a seamless and intuitive interface that allows access to top FBS trading tools and statistical reports that get updated in real time and offers reliable trading conditions. Libertex offers as well one of the most popular professional trading platforms. It offers more than 43 currency pairs and 100 effective trading tools.

On the other hand, we also found lots of positive reviews, so I don’t think there’s any fear of a huge scam here but caution should be used as always. Libertex’s traders have access to detailed charting for each asset. There is also the option to view the chart in full-screen mode, which allows for a thorough analysis. There are several free indicators and sketching tools available with this broker. In most cases, chart analysis is the most crucial tool for making trades.

Is Libertex legit or scam

These training programs are available in 8 different languages. Also, there is a Frequently Ask Questions Section on the website of the broker itself that you will surely find useful and helpful. For withdrawals, some small fees may be charged, but are limefx broker reviews still manageable. Knowing how to trade and knowing how trading works is obviously very essential in the trading industry.Before going live, one must know first how to execute a trade. You can make any setting you prefer before opening any position.

It has been a week since I applied for withdrawal

After going through the review, you will be able to make your broker decision. has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. Two months ago on Oct 17, I placed a withdrawal request which was rejected one, two, a number of times. Each time they requested a different document, supposedly for AML verification. I’m posting here too because this is the same company than the one operating (you can see this by going to and selecting any other language like English or Spanish from the top right).

  • We recommend you to contact the Customer service of that broker you are registered and trade in.
  • With the Libertex platforms, there is not only a mobile compatible version of the website but also an app to download for both iOS and Android users.
  • Firstly, you should be mindful that trading on Libertex is nothing like traditional LimeFXs in the sense that you do not take ownership of the underlying asset.
  • All information on is only published for general information purposes.
  • The action you just performed triggered the security solution.
  • According to Libertex, the welcome bonus rules state that you can get back 10% of all trading commissions paid as a bonus that is converted into real capital.

Libertex is an excellent trading platform, very user-friendly and intuitive. There are many stock market trading instruments, commodity futures, metals, oil, gas, cryptocurrencies. It is not necessary to upload a platform to a smartphone, it’s convenient. It’s a plus that it doesn’t charge any fees for deposits and only has little withdrawal fees that are easy to handle. Beside being user-friendly, the platform features a lot of unique tools, such as charts, indicators, and timeframes that are important during technical market analysis.

Libertex’s proprietary web trader platform is ideal for beginner traders seeking a user-friendly online trading platform without any complex and advanced technical features. The non-dealing broker system of FBS and the FBS copy trade apps enable the rapid market execution of trading orders. Post registration and login, the website of FBS allows the users to access two types of MetaTrader trading platforms for trading and LimeFX in a wide range of assets. In comparison to other trading platforms, we can conclude that this stocks and CFD broker has a lot to offer.

Overall, the international broker site of FBS is highly secure and customers may trade safely at all times. The platform offers cashback bonuses for every order placed by the traders. Activate the Cashback reward at every level to win more cashback. The traders are also provided with up to 20% spreads for trading in assets profitably. The ECN Account also allows the users to conduct unlimited trading orders and maintain multiple open positions at the same time. The Account offers competitive spreads and charges a commission fee of USD 6.

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Here the minimum deposit is €100 that can be made via any of the payment solutions like Sofort, iDeal, rapid transfers, P24, etc. There are no processing fees attached to any of these payment solutions. In case the traders use Skrill for making the payments, withdrawal takes 24 hours to initiate processing. However, Libertex does not charge any commission for Skrill transactions. As per the review FBS, the regulatory compliance of the trade FBS forex broker platform with the license organizations ensures the highest security for the FBS clients against suspecting fraudulent activity. The members of the global broker site of FBS submit KYC documents during registration and follow AML guidelines to stay protected against financial scams.

But sometimes especially when critical news announced, platform doesn’t respond. Libertex has a consumer rating of 2.78 stars from 9 reviews indicating that most customers are generally dissatisfied with their purchases. needs to review the security of your connection before proceeding.

When it comes to withdrawals, the options include PayPal and Skrill which incur zero withdrawal fees, while credit/debit card, SEPA bank transfer, and Neteller withdrawals incur a small withdrawal fee. With a Libertex trading account, you will find more than 50 stock CFDs with the highest market volatility and liquidity. These include the blue-chip stocks of the US exchanges and major stocks of companies listed on European and Latin American markets. When you trade classic financial instruments in Libertex, they have two types of fees and commissions.

This company is deceptive and I strongly advise that you do not open an account with them.

It offers a « credit facility » to increase its initial margin in view of being able to open positions with a larger volume than that proposed by the ESMA regulations. It is a pass-through, which circumvents the rules, so that the private investor can invest more, without margin restriction. From my point of view, it is therefore a circumvention of regulations, and an incentive to trade, with always more . I am a particular trader and I have a very big problem with the general issue of fund protection and the incentive for big volume trading at Lirbertex. Don´t blame the broker, blame your lack of effective trading strategies. All these other losers who claims that they « stole » their money are just angry newbies who can´t trade for poop and then choose to blame the broker.