Libertex

Libertex is a brand name of Indication Investments Ltd, a Cyprus-based broker founded on 14 March 2019. The company is headquartered in Cyprus and operates as a market maker, offering both CFD trading and real stock investment services through its Libertex CFD and Libertex Portfolio account types. Despite being relatively young, Libertex has gained notable visibility through sponsorships in motorsports, such as its appearance on F1 cars, and has attracted a substantial user base as reflected by over 9,500 Trustpilot reviews.

Indication Investments Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 164/12, holding a Market Making (MM) license. This regulatory status subjects the broker to European MiFID II standards, including client fund segregation, negative balance protection, and participation in the Investor Compensation Fund (ICF) for eligible clients. While CySEC regulation is respected, it is important to note that leverage is capped at 1:30 for retail clients, which is standard for EU brokers but may disappoint traders accustomed to higher leverage elsewhere.

Libertex offers two primary account types. The Libertex CFD account is designed for trading CFDs on a range of instruments including forex, cryptocurrencies, stock indices, commodities, stocks, metals, oil and gas, and ETFs. The Libertex Portfolio account focuses on real stock and ETF investing, allowing users to purchase underlying shares without commission. Both accounts require a minimum deposit of 100 EUR and offer maximum leverage of 1:30. According to the broker, spreads are from 0.0 pips with no commission charged on either account.

Libertex provides trading via the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as its proprietary web and mobile applications. The broker's own platform integrates CFD trading and real stock investing in a single interface, which reviewers find convenient. The range of tradable instruments covers over 200 assets: over 40 currency pairs, major cryptocurrencies, stock indices like the S&P 500 and DAX, commodities including gold and oil, individual stocks from global exchanges, and a selection of ETFs.

Libertex advertises low fees and no commission on trades, with spreads starting from 0.0 pips. However, as a market maker, the broker may generate revenue from the spread and from overnight swap fees. Users should be aware that spreads can widen during volatile market conditions. The broker also charges no deposit or withdrawal fees, though payment processors may apply their own charges.

Deposits can be made via VISA, Mastercard, Neteller, and Skrill. Withdrawals are available through Neteller, Skrill, bank transfer, and VISA. Importantly, while crypto deposits are accepted (as seen in user reports), crypto withdrawals are not supported, which has caused confusion among some users. The broker does not specify processing times, but user reviews indicate that deposits are usually instant while withdrawals can take from a few days to several weeks.

Libertex positions itself as a broker suitable for both novice and experienced traders. The free unlimited demo account and educational materials make it particularly attractive for beginners. The availability of real stock investing without commission also appeals to long-term investors. However, the 1:30 leverage cap and the market-maker model may not suit professional traders or those seeking high-frequency scalping strategies.