Libertex Review – Are They Safe or a Scam?

Our Libertex Review 2024

Welcome to the Crypto Parrot review of Libertex. Tottenham and Valencia’s official trading partner has managed to gain some popularity with the online trading community and our experts will be exploring the extent of what they have to offer.

The company has been operating since 1997 and their service now extends all over the world. They are close to having 3 million clients and provide a fairly comprehensive online trading service. All of our reviews here at Crypto Parrot have been compiled by our resident team with a wealth of experience when it comes to trading any cryptocurrencies.

Libertex Highlights
  • Enormous range of cryptocurrencies available
  • Brokerage fee reduced by 50% while trading crypto
  • Transactions are made easy using Libertex’s trading platform
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Offers and New Customer Experience - what does Libertex offer?

The world of online trading has become more accessible each year and more customers are looking to get involved than ever before. This has led to a fair amount of competition between the brokers that offer their services to any interested clients. Our Libertex review found that they have gone through an extraordinary effort to try and make new customers feel welcome to the industry. While browsing through their site, you will notice that there is an extensive education resource available to anyone. You won’t have to be a customer to take advantage of what there is to learn. This is similar to what our experts found within our Plus500 review.

Libertex also displays a warning for anyone that is interested in CFD trades, as 78,31 % of said trades result in losing money, so knowing your ins and outs in the CFD trading market is definitely recommended.

In terms of a new customer offer, our Libertex review determined that the entirety of their service was readily available to any customers who have opened an account. This means you can use our social trading service here at Crypto Parrot alongside what is available with Libertex. You won’t be able to claim any promotions, but you will be able to use all the information provided to get your trading career underway.

Usability - quality of the Libertex trading platform

Once you have arrived on the Libertex homepage, you will find that the layout is fairly familiar. Many online service providers make use of the header banner format with the tabs available for the relevant sections. Our Libertex review was made easy as our experts could find exactly what they were after. They have opted for a white and orange color scheme which clearly illustrates all the necessary information.

In terms of trading, you will be able to make use of Libertex’s own trading app which is only available for mobile devices. This app provides you with quick access to all of their available markets. Similar to our eToro review, if you prefer trading from your PC, you can also opt to open a MetaTrader account. The majority of online brokers include MetaTrader within their service offer so that customers don’t have to switch between different platforms when joining another service.

Accounts - many options to choose from

As with most online brokers nowadays, you will find that a variety of account options are made available to cater to anyone that’s interested in joining the online service. You will have to consider exactly which of these accounts are most suitable to your needs as an online trader before you commit to signing up. With our Libertex review, we found that they have scaling status levels which provide you with different rewards. These status levels are reached by making different deposits into the service and we will briefly run through them in this section.

Every member of the Libertex service will start with the Gold statues level which has a 3% commission discount. This requires any deposit to be made. If you deposit between €1450 and €1500, you can enjoy 4% discounts with Gold Plus. From there to €5000, you will have the Platinum status level and enjoy 20% off commissions with priority withdrawals. Excess of this amount will earn you VIP and 30% commission discount with premium support on your investments. Finally, an excess of €50 000 will award your account with VIP+ which is 50% commission discounts and the premium support mentioned in the VIP account.

Trading Platforms - more than just MetaTrader

One of the most important aspects within our Libertex review would be the trading platforms that they make available. These platforms will be your tool to completing transactions and invest in the markets you are interested in. Our experts usually find that a range of platforms might be put on offer, just as we found in our Robinhood review.  Your preference of these platforms will depend largely on what you have been exposed to and you can always use our review to figure out if your preferred option is available with each broker.

While exploring our Libertex reviews, we found that you can either make use of their trading platform that has been developed in-house. This is simply called the Libertex trading platform. Otherwise, you can also use MetaTrader 4 and 5. These two options are the most commonly used trading platforms and many readers will be familiar with how they operate. It is always a bonus seeing that there are options available in terms of trading platforms and Libertex has gone through the necessary steps to ensure that you have alternatives. This is important when you are looking to use our information here at Crypto Parrot to make your educated trades. Completing transactions from your mobile phone will also provide you with a competitive edge as you can trade from anywhere.

Trading Payments - funding your transactions

While you are trading online, you will have to fund your account before you can consider making any transactions. Most online brokers try to include a variety of options to attract customers with any preference. If you are considering this Libertex review, you need to make sure that your usual payment service is available. While reviewing the online operator, our team of experts take a close look at any fees that you might be eligible to pay and just how long the deposits and withdrawals will take when you use the payment method.

Bank Transfer
+ 4

There is an enormous amount of support for payment methods. These include the traditional VISA and MasterCard credit and debit card options. PayPal is available alongside Skrill and Neteller as the supported ewallets of the service. You can also use iDEAL, SOFORT, giropay, Trustly, Multibanco, P24, Rapid Transfer, Teleingreso and paysafecard. All of these methods are free to deposit and instantly processed. If you make a bank transfer, you will have to wait for your funds to clear which could take between 3 and 5 business days.

Customer Service - support when you need it

The customer support that you can expect to receive is one of the most important aspects when it comes to our online broker reviews. You might find a bug within a trading platform or your transaction is simply not being processed. Either way, you will need to get hold of the support team as soon as possible to address the issue. To find out just what our experts compare these teams to, head to our Coinbase review. It is vital for an online provider to have numerous methods of contact while providing a rapid and efficient response to the query.

While we were conducting our Libertex reviews, we constantly had the question on our mind, ‘is Libertex reliable?’. Well, our team had no complaints once we had browsed through the customer support that they make available. Our Libertex experience and rating found that they have a comprehensive FAQ available to all visitors of their webpage. You can also email them using the dedicated address that is available in the contact section. Both of these methods resulted in a reply that was less than a day and if you’re a bit hasty, you can always give them a call.

Our experts found that making contact was fairly easy. The team on the other end was very friendly and managed to address all of our concerns very quickly. This managed to score a great deal of points within our Libertex review and we are fairly confident that all customers won’t have anything to worry about once they have opened an account.

Regulation and Deposit Insurance - Libertex offers customer account protection of the highest calibre

It’s a fair concern, the security methods that are in place will be the only protection you have against cyber criminals out there. Each online broker will have their own security methods in place and will have to abide by certain regulations to offer their services. Our Libertex review found that they are regulated and supervised by the Cyprus Securities and Exchange Commission. This is the industry standard when it comes to brokers based in Cyprus.

In terms of deposit insurance, our Libertex review found that they have included support for reliable payment methods and all of the funds that they hold are stored in different bank accounts. This mitigates any risk of anyone gaining access to all of your money.

Additional Features - what can Libertex offer you?

With so many online brokers being available today, some of them try to include additional features in hopes of attracting customers to open an account. With the Libertex review, we found that they have a great demo account option that all customers can use and become familiar with their simple but efficient trading platform. You can also enjoy zero spreads while you are completing all of your trades and if you decide to join as a professional client, you can also apply leverage of 1:999.

Besides all this, their sliding scale of account levels will provide you with additional rewards when you decide to invest more into their company. Their mobile trading platform has been developed by their own team and this means that you can move away from all of the traditional platforms and try to complete your trades on the go. Besides this, they are affiliated with both Tottenham Hotspur and Valencia CF. Two big sporting clubs which should serve as testament to their online brokerage service.

Libertex Crypto

Libertex review FAQ

🤔 What is Libertex?

Libertex is one of the many online services that provide interested customers with the opportunity to trade online. That’s not all that the company manages to offer and our experts have been tasked with reviewing the full extent of their offer. We will be taking a look at all that they have made available and comparing it to the industry standard when it comes to online brokers. Our team of experts have plenty of experience with online trading within any market and you will be able to find the full extent available right here at Crypto Parrot. Head to our page now to learn more.

🔐 Is Libertex safe?

If you are considering trading online, you will need to realize that this will require you to deposit some of your hard-earned funds to invest in different markets. Whenever you are dealing with online transactions, you need to consider if what you are doing is safe. Fortunately, there are plenty of indicators towards a safe service and our team has listed the points within each of our reviews. You will be able to find out whether each broker is safe and just how they manage to keep your details secure while you are using their service. Browse through some of our reviews now to get your career started.

😟 Have there been any Libertex scams?

Another indicator towards an illegitimate service would be some scams that users have experienced while making use of the online broker. These scams are quite scarce and usually the scammers will do all that they can to try and hide the evidence. Our team has a keen eye for an illegitimate offer and knows what to look for when reviewing each of the online service providers. If there has been a Libertex scam, you can find out all about them right here on our page at Crypto Parrot. We have reviewed every reputable operator in the industry and you can find out all about them right here.

❓ Where can I find a detailed Libertex review?

Before you can commit to opening an account with any online broker, you will need to do your research to ensure that you are signing up with one of the better services on the scene. Our review format here at Crypto Parrot has been carefully compiled to bring you all of the necessary information to find your ideal match of an online broker. You can find this uniform review structure used within all of our reviews and this provides us with a fair reference to compare each offer out there. Head to our page now to find information like this and more here at Crypto Parrot.

Conclusion - Libertex manages to keep pace with the industry

This concludes our Libertex review here at Crypto Parrot. You can use our social crypto trading service that is available to complete your transactions with the Libertex online brokerage service. They have been on the scene for a number of years and this review should provide you with all you need to know when it comes to opening an account. If you are still not convinced, keep in mind that we have a number of reviews available here at Crypto Parrot and will detail our expert findings to help you determine your perfect match.

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