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Libertex Review: Is Libertex a good broker?

Libertex is a Cyprus based broker, operating since 1997. Over the past 23 years, this broker is an authorized and regulated broker that provides clients in over 120 countries access to 244+ assets in multiple markets with over 2.2 million clients. Libertex operates under the increasingly uncompetitive regulatory framework of CySEC, which stems from ESMA stipulations. More than 83.0% of traders manage their portfolio at a loss, which is an above-average loss rate. Libertex does feature a competitive pricing environment, and its proprietary trading platform won Trading Platform of the Year 2020, as awarded by financial magazine European CEO. 

Libertex Review

A Reliable Broker

Liberal is regulated and supervised by the CySEC with a CIF license. Libertex broker is a premium plus partner for the Valencia and Getafe football clubs. If you visit the official sites to double-check, you will find the name of Libertex to partner with these clubs. This will make you feel secure that you are trading on a trusted platform.

Easy Demo Switch Account Opening

You can easily switch between your demo account and trading account.

It’s beneficial for beginners to test their trading ideas first in the demo account without any loss. Other brokers permit you to use the trading account for some days, and then you have to deposit some money, but in Libertex there is no time or money limitation.

The account opening process in this is relatively easy. Firstly you can either start with a demo account to practice trading or directly switch to the main trading account. 

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User-friendly and Convenient Platform

It provides such a platform that is easy for both beginners and experienced people to use. It has an accessible search, you can find an asset and add it to your favorite, and later you can see it on the right side of the screen.

Enhances Efficiency

It analyses your efficiency and shows you tips on how you can improve your trading.

Educational Features

Libertex has a series of over 30 video lessons on their website that covers a range of trading topics including technical analysis, fundamental analysis, price action, money management, trading psychology, and more. They also conduct online webinars for traders to interact with experienced traders and give them tips on trading.

Liberal: Trading Platforms

Libertex 

Libertex has its trading platform, which is user-friendly and convenient because of its simple features. Traders can access all trading tools and instruments including Forex, Cryptos & CFDs via this platform.

The Libertex platform supports a third-party market analysis tool called Trading Central. It streams real-time trading signals and gives potential setups directly into the platform.

There is always an option for the traders to choose to view area charts, line charts, and other such charts. These Charts can be viewed multiple times may it be from one minute or one month.

Libertex charges a small commission fee of 0.03%. It has Practice demo accounts with €50,000 are available to get used to the main platform. The platform is available from any device, including desktop/laptop and mobile. The mobile app is useful for traders who wish to trade whilst there is an internet connection from anywhere in the world.

In the 20+ years of operating, Libertex has been recognized by financial magazines and institutions with over 30 prestigious awards won for its customer service and innovative trading solutions. They have received awards for the best cryptocurrencies broker 2017, 2018, and best trading app 2017, 2018 (Forex Awards).

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