Libertex is a very popular Forex and CFD Broker nowadays and without a doubt it is one of the most reliable that you can choose because they are a respectable company and it would be where you can be sure that while you are trading in Forex your capital will be safe, that is to say, the risk of capital loss will be present at all times but you can be sure that your money will not be stolen because you open it deposited in a very reliable financial institution.
Broker Libertex is a broker that is online since 1997, this in turn gives us to understand that it is a company with a great trajectory and experience in everything related to trading, in all this time online has expanded its operations in more than 110 countries in all continents and has more than two million investors worldwide which is synonymous with an excellent investment service.
This Broker is authorized and regulated by the Cyprus Securities and Exchange Commission under license number 164/12 and of course this in turn allows you to have more confidence in them since the CySEC is a well known and reliable regulator that although it is aimed at Cyprus equally inspires confidence in any country since it regulates not only this Broker but many others as is the case of IQ Option.
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What types of accounts does Broker Libertex offer?
The Broker Libertex is a little bit like the Brokers Markets and Trade since it only offers one type of account for all its clients, while other entities offer more than one type of account this Broker does not do it but that does not mean that it is bad, on the contrary it is excellent since its characteristics are very good.
The only trading account offered by this Broker offers a maximum leverage of up to 1:500 and has all the assets and financial instruments that the platform makes available including the most popular crypto currencies of today; among the most popular assets are more than 40 currency pairs of the Forex market, more than 90 different shares of the most important companies in the world and more than 20 stock indexes. Remember that by the ESMA measures for residents of European countries the maximum leverage in any Broker is restricted from 1:2 to 1:30 depending on the asset used for trading.
If you choose to open a trading account with this Broker you must fully verify your identity and home address as with any other and make a minimum deposit of at least 10 currency units either in U.S. dollars, euros, pounds sterling or any of the other base currencies accepted by this Broker. On the other hand there is also a demo account with a fictitious balance of 5.000 USD and with it you can know the market and all the features and functions of Broker Libertex.
What platforms does Broker Libertex offer to trade Forex?
Although many people are used to the use of MetaTrader 4 or MetaTrader 5 in this Broker you will not have them available, well at least not directly because as such the operations that you execute in this Broker can be copied from the estimates that you make in MT4 or MT5 externally. In the case of the Libertex platform it is completely online, it does not require any installation of a program on the PC and it is very intuitive, in short it is all a Trader needs.
From my point of view it is a small flaw that this Broker does not offer the trading platforms most used by people and can represent a limitation as it decreases the number of people who want to trade through its interface, however this does not remove the fact that it is an excellent Forex Broker.
Has Trading on crypto coins in the Broker Libertex
Although crypto currencies are the most volatile assets in the market, they are the favorite trading instruments of many people and the best of all is that this Broker offers trades on the most popular and periodically add more according to the popularity of cryptos that begin to have a certain boom in the market.
If you want to trade on crypto currencies in one of the best Forex Brokers then open an account in Libertex and do it with them; cryptos are very volatile so you must be very careful when using them in your trades, they are even much more risky than other financial instruments so you have to be cautious.
Risk Warning: CFDs are a difficult product to understand and the CNMV believes that they are not suitable for retail investors due to their complexity and risk.
Warning for people in the European Union: CFDs are complex instruments that carry a high risk of losing money quickly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You need to understand how CFDs work and whether you can afford to take the high risk of losing your money.