Libertex Review – Are They Safe or a Scam?

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.

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.

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.

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.

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.

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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.

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.

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.

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.