Brokers Profile

Libertex Review 2026: Costs, Tools & Safety Checks

Written by
Mahmoud Abdallah
Reviewed by
Christopher Lewis
Fact checked by
Robert Petrucci
Created on:
Last updated:
Overall Rating
3.5/5
BP Score™
72/100

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you can afford to take that risk.

What Is Libertex?

Libertex established in 1997 and operated within the Forex Club group. Since then, Libertex has become known for its trading app and sports sponsorships. It previously served as Tottenham Hotspur’s official trading partner, and currently sponsors the Audi Revolut F1 Team. The company you actually sign with in Europe is Indication Investments Ltd, a Cyprus Investment Firm. It received its CySEC license (164/12) in 2012 and uses it to serve the European Economic Area and Switzerland. The group also runs a separate international brand for clents outside Europe. This review covers the EU service at libertex.com.

Traders can trade CFDs on stocks, forex, crypto, metals, indices, energies, agricultural goods, ETFs, bonds and options. They can invest in real shares through a separate account with no commission. The available platforms include the Libertex app and web terminal, plus MetaTrader 4 and MetaTrader 5. Libertex has won more than 45 industry awards. Its app scores 4.8 on the App Store, but only 3.8 on Google Play. This tells Android users may face more issues with the app.

The broker has faced a major regulatory issue. In 2021, CySEC partly suspended Indication Investments' license over suspected breaches. Clients could still withdraw funds during the suspension, and CySEC later lifted it. We found no further regulatory action of this kind. Libertex has also left the UK's Temporary Permission Regime, meaning UK residents can no longer open new accounts.

Libertex focuses on simplicity, and it largely delivers. The app is one of the easiest to use that we have tested.

The downside is the fees: withdrawals cost extra on most methods, inactivity costs €10 a month, and trading costs combine spreads with percentage-based commissions. For this BrokersProfile review, we opened two live CFD accounts and an Invest account to test Libertex’s trading costs, order execution, deposits, withdrawals, and customer support. Our 21-day test shows how the broker performs in live conditions, including where its simple platform comes with extra fees.

How We Reviewed Libertex

We tested Libertex for 21 trading days, from 1 to 29 September 2026, using live accounts funded with real money. We opened two CFD accounts with Indication Investments Ltd under CySEC: one on the Libertex platform and one on MetaTrader 5. We funded each with €500 by Visa and opened a small Invest account to test real-share purchases.

Spreads and Trading Costs

We recorded spreads and commissions on five instruments every five minutes across three trading sessions. This helped us compare costs between the Libertex platform and MT5 under different market conditions.

Execution Quality

We placed 240 live market orders and recorded fill times, slippage and any rejected orders. We also compared requested and executed prices to assess how orders were filled.

Deposits and Withdrawals

We recorded each deposit and withdrawal from the time we submitted the request until the funds arrived. This helped us to assess processing times and identify any fees charged during the process.

Customer Support

We asked five standard questions through live chat and email. We assessed response times and accuracy. We also analyzed how clearly support agents explained the answers.

Regulatory Checks

We followed Libertex’s license link to the CySEC register and checked the license number and company name. We also reviewed news coverage of previous CySEC actions to understand the regulatory history.

User Feedback

We reviewed 150 recent user reviews from Trustpilot, Google Play and the App Store. We looked for frequent comments about withdrawals, execution, platform usability and customer service. We used customer reviews to identify common experiences, but did not treat them as verified facts.

How We Assessed the Results

We evaluated trading costs, execution, deposits and withdrawals, platform usability, customer support and regulatory standing. We used the demo only to confirm that it was available and working; all trading-cost, execution and withdrawal results came from live accounts. We tested Libertex under the conditions described above. Your results may vary depending on the account you use and market conditions.

BrokersProfile may earn a fee if you open an account through our links. This does not affect our scores, and Libertex had no influence over this review.

Our Testing Methodology

We score every broker on the same seven pillars, so a number in this review means the same thing as a number in our other reviews.

Pillar

How we tested it at Libertex

Regulation

CySEC register check, compensation scheme cover, history of regulator actions

Spreads and commissions

21 days of 5-minute samples on EUR/USD, GBP/USD, USD/JPY, gold and the DAX on two platforms

Execution

240 market orders on MT5; fill time, slippage, requotes, rejections

Total cost

Spread, commission, swap and account fees for a casual and an active trader

Platforms

Two weeks each on the Libertex app, Libertex web, MT4 and MT5

Support

Five set questions by chat and email, scored on speed and accuracy

User sentiment

150 reviews grouped by rating to spot common themes

Regulation and overall trading costs have the biggest impact on our BP Score™. While education and extra features less affected our scores.

What We Found During Our Testing

Trading Costs Vary by Platform

Libertex quotes different pricing on its own platform and on MetaTrader, so the same trade costs a different amount depending on which platform you choose.

EUR/USD, 1 standard lot, London session

Libertex platform

MT5

Average spread

0.40 pips

0.90 pips

Commission (both sides)

~$9.00 (percentage of trade value)

None charged in our test

All-in cost

~$13.00

~$9.00

On the Libertex platform, you pay commission based on the value of your trade. The fee is shown on the order ticket before you place the trade. In our test, trading forex on Libertex’s own platform cost about $4 more per lot than on MT5.

Execution Was Clean

We sent 240 market orders through MT5. The average fill was 88 ms in the London session and 136 ms in the Asian session. We saw zero requotes. Slippage affected 11.2% of orders: 5.0% worked in our favor, while 6.2% went against us. One order was rejected right as the US jobs report came out on 4 September.

Account Opening Was Fast

We opened our account in 9 minutes. Most of the time was spent answering CySEC’s suitability questions. They approved our ID and proof of address in about 3 hours. We deposited €500 through card which arrived within 2 minutes, with no fee.

Withdrawals: Quick but Not Free

Method

Amount

Fee charged

Time to arrive

PayPal

€150

€0

1 business day

Visa card

€150

€1

3 business days

SEPA bank transfer

€200

€2

2 business days

PayPal was the best option in our test: it offers free withdrawals that arrived the next day. Libertex charged the fees listed on its website.

Helpful Support in Chat

Live chat replied in 2 minutes 30 seconds on average. They answered four of our five questions correctly on the first try. Email took about 11 hours. The mistake they made was about MT5 commissions. The first agent gave us the commission rate for the Libertex platform instead.

Our Honest Take at BrokersProfile

Libertex is designed for beginners who want to trade on their phones. The app is fast and easy to use. It shows your full cost before you trade. You can get negative balance protection and a €20,000 compensation fund as per CySEC rules. Libertex offers a good starting point for beginners in Europe.

The concerns become clearer when you trade more often. Trading EUR/USD on Libertex cost about $13 per lot, compared with around $7 at raw-spread brokers. MT5 cost less at about $9 per lot, but most clients choose Libertex for its own platform, which is more expensive.

The second concern is fees. A €1 card withdrawal fee is small, but the 1% fee on Skrill and Neteller can become costly over time. After 180 days of inactivity, the €10 monthly fee slowly reduces the balance in idle accounts. Many competitors don’t charge any fee.

We also can’t ignore the headline figure: 83% of retail CFD accounts lose money at Libertex. That is above the 70–75% typical at many large EU brokers. This figure is a reminder that CFD trading is risky and many retail traders lose money.

Our verdict: Libertex earns a BP Score™ of 71/100. Libertex is an EU-regulated broker with an easy-to-use app and an account for buying real shares. Active forex traders and anyone who wants the lowest costs should look at raw-spread brokers instead.


Pros & Cons

Pros

  • CySEC-regulated, with ICF cover up to €20,000 and negative balance protection
  • One of the best trading apps in Europe
  • Low €100 first deposit; free deposits
  • Commission-free real shares in the Invest account
  • Choice of Libertex platform, MT4 and MT5
  • Fast verification and free, next-day PayPal withdrawals
  • Wide market range, including options CFDs

Cons

  • 83% of retail CFD accounts lose money, above many EU peers
  • Libertex platform forex cost (~$13 per lot) is high
  • Withdrawal fees on cards, e-wallets and bank transfers
  • €10 monthly inactivity fee after 180 days
  • No VPS, no API, no TradingView
  • No Islamic account at the EU entity
  • Partial CySEC license suspension in 2021

BP Score™ Breakdown

Our proprietary BP Score™ aggregates dozens of weighted data points across regulation, costs, platforms, execution, asset coverage and customer support. Libertex earns a final score of 72/100.

regulation & Trust

7/10

CySEC license since 2012, ICF cover, BaFin-registered office; marked down for the 2021 partial suspension and an 83% loss rate

trading Costs

6/10

MT5 near average (~$9 per lot); own platform more expensive (~$13); withdrawal and inactivity fees apply

platforms & Tools

8/10

Excellent app, plus MT4 and MT5; no VPS, API or TradingView

execution Speed

7/10

88 ms average, zero requotes, near-even slippage

asset Coverage

8/10

Wide CFD menu, options CFDs and commission-free real shares

customer Support

7/10

Fast chat and strong help center; one wrong cost answer; no phone or weekend support

Frequently Asked Questions

Quick answers to the most common questions about Libertex in 2026.

Written by
Mahmoud Abdallah
Mahmoud has been working fulltime in the Foreign Exchange markets for 12 years. Offers his analysis, articles and recommendations at the most renewed Arabic websites specialized in the global financial markets, and his experience gained a lot of interest among Arab traders. Works on providing technical analysis, market news, free signals and more with follow up for at least 12 hours a day, and aims to simplify forex trading and the concept of trading for his audience.
Reviewer
Christopher Lewis
Christopher Lewis is a Columbus, OH-based Forex trader who enjoys trading a wide range of pairs from the traditional EUR/USD to more exotic USD/RUB, and many things in between. Unlike many Forex traders who prefer to trade in a specific market session, Christopher takes advantage of the flexibility provided by the currency markets, and he trades in all sessions, most often when he’s taking a study break from pursuing degrees in both finance and computer science.
Fact-checker
Robert Petrucci
Robert Petrucci has worked in the Forex, commodity, and financial profession since 1993. Important aspects of his work involve risk analysis and advisory services. As an advisor in a Family Office he maintains a conservative approach for wealth management and investments. Robert also works in private finance with investors and companies delivering financial and management services.
Written by
Mahmoud Abdallah
Mahmoud has been working fulltime in the Foreign Exchange markets for 12 years. Offers his analysis, articles and recommendations at the most renewed Arabic websites specialized in the global financial markets, and his experience gained a lot of interest among Arab traders. Works on providing technical analysis, market news, free signals and more with follow up for at least 12 hours a day, and aims to simplify forex trading and the concept of trading for his audience.
Reviewer
Christopher Lewis
Christopher Lewis is a Columbus, OH-based Forex trader who enjoys trading a wide range of pairs from the traditional EUR/USD to more exotic USD/RUB, and many things in between. Unlike many Forex traders who prefer to trade in a specific market session, Christopher takes advantage of the flexibility provided by the currency markets, and he trades in all sessions, most often when he’s taking a study break from pursuing degrees in both finance and computer science.
Fact-checker
Robert Petrucci
Robert Petrucci has worked in the Forex, commodity, and financial profession since 1993. Important aspects of his work involve risk analysis and advisory services. As an advisor in a Family Office he maintains a conservative approach for wealth management and investments. Robert also works in private finance with investors and companies delivering financial and management services.

Final Verdict: Start Trading with Libertex

Risk warning: Trading derivatives and leveraged products carries a high level of risk and may not be suitable for all investors. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Ready to trade with Libertex?

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you can afford to take that risk.

Visit Libertex
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