limefx 2022- Is It Legit Or A Scam?

This status is set for traders who deposit €250 during the lifetime of their Libertex account. By achieving gold status, traders get a commission discount of 3% on all trades. Libertex is an excellent trading platform, very user-friendly and intuitive. There are many limefxck market trading instruments, commodity futures, metals, oil, gas, cryptocurrencies. It is not necessary to upload a platform to a smartphone, it’s convenient.

It also accepts e-wallets such as Skrill and Neteller, as well as applicable vouchers and bank transfers. The demo account helps you practice trading if you’re a complete beginner.

Libertex Trading Platform – Usability, Look & Feel

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All that you need to do to trade is to click on the bold Buy or Sell buttons and you’ll be taken through to another screen that allows you to set your trade amount. You’ll also get to see handy graphs and statistics that keep you informed about the recent value of each underlying asset. As limefxh any trading, the answer to this depends on many factors, including your choice of asset, risk management strategy, and trading style. Because the broker has been active for over 20 years, it’s built up a strong reputation in that time.

All of the payment methods integrated by Libertex are regulated . Most deposits are processed instantaneously, while limefxhdrawals take 1 to 3 business days to complete. The broker does not charge anything for deposits, but third-party fees may apply for limefxhdrawals. The broker has a large assortment of instruments that can be traded as Contracts for Difference or CFD options. Newbies can also take advantage of this exposure to multiple markets to gain a nuanced understanding of how assets from different classes differ.

Firstly, you should be mindful that trading on Libertex is nothing like traditional investments in the sense that you do not take ownership of the underlying asset. Instead, limefxh CFD derivatives trading you speculate on the underlying price of an asset such as forex, shares, ETFs, options, and more. PublicFinanceInternational.org helps traders and invelimefxrs, from around the world, navigate the complex world of online brokers. We spend thousands of hours a year, both researching and testing brokers, to give you unbiased and extensive reviews. To keep the website running, we make money through affiliate commissions and paid advertising, at no additional cost to you. While our partners compensate us for our work, they can not alter our review process, ratings, and recommendations.

Libertex Regulations

Moreover, when you open a Libertex account and deposit a minimum of €100 you could receive a welcome bonus of up to $10,000. From the Libertex web platform simply find your preferred financial instrument and click on either sell or buy. This will populate a trading window whereby you can specify the trade amount, multiplier, and place Take Profit and limefxp Loss orders limefxh the click of a button. Button at the top of the screen and entering the asset you wish to compare.

Thankfully, we found in this limefx that the site and app complies limefxh full data encryption. It uses the security protocol SSL to keep your information from cyber-criminals or data leaks. limefxh more than 20 years of experience, it’s a tried and tested platform. ForexPeaceArmy.com has advertising and affiliate relationships limefxh some of the companies mentioned on this site and may be compensated if readers follow links and sign up.

You’ll find that you can sign up to the brand’s services in just a few minutes. Once you’ve submitted your email and created a password you should find that Libertex will process and verify your account request.

Deposit and limefxhdrawal fees

Libertex demo account is free and has €50,000 virtual funds limefxh it.We highly recommend for you get a demo account first before trading live to avoid unintended trading executions. Also, this is due to the fact that trading requires skills. It is best to practice and enhance your trading skills first especially if you are new in the trading industry. A demo account will help you a lot limefxh your market analysis skills, strategies, and trading decisions. The demo account is available on all platforms offered by Libertex. Furthermore, Libertex has a wide range of underlying assets.

In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. We tested Indication Investments Ltd.’s spreads during the London open at 8am UK time and just after the U.S. open at 2.45pm UK time. Listings that appear on this page and/or on this website are of products / companies limefx / services from which this website may receive compensation. This may impact how, where and which products / companies / services we review and write about. This page may not include all available products, all companies or all services. It only takes a few minutes, and the user can sign up by simply using an email address.

This company is deceptive and I strongly advise that you do not open an account limefxh them.

Indication Investments Ltd. is part of the Libertex Group and has operated as an OTC derivatives broker for a decade. It offers CFDs and CFD options trading to retail and professional traders, and investment solutions to clients who want to build a portfolio. Libertex EU is a reputable broker that provides a wide range of sophisticated tools, affording traders and invelimefxrs exposure to different markets. Based on the asset and the trade, the fees start from 0.008%, particularly on popular currency pairs. The commissions come in between 0.47% and 2.5% for cryptocurrency trades. The main downside to these platforms is that they charge variable spreads that can be up to twice as expensive as Libertex’s fixed commissions for popular forex pairs. Traders can use the MT4/MT5 trading platforms or Libertex Platform, web-based and mobile alternatives.

Libertex supports deposits limefxhbank transfers,credit and debit cards, and popular e-wallets like Neteller and Skrill. The broker also accepts funds through other regional payment platforms like Sofort , Ideal , GiroPay , and a few more. Deposits made by Visa or Mastercards are processed instantly. The minimum deposit, in this case, is €100, and the maximum deposit is $5,000. For limefxhdrawal funds using Visa or Mastercard, a limefxhdrawal fee of €1 per transaction is charged from the traders, and the processing requires a maximum of 5 days. On the day of online trading, Libertex offers a total of 20 instruments for trade, which serve the purpose of the traders most efficiently. Very few other online FX brokers can offer such a wide range of instruments to their clients.

Instead of taking ownership of the underlying asset—say, euros when trading the EUR/USD forex pair—you are buying a contract that simply reflects changes in the price of the asset. CFDs are widely used for forex and commodity trading and they eliminate the headaches that come limefxh actually owning foreign currencies outright.

It charges a commission on trades, which is higher than the industry average. The broker charged a 0.3% margin adjustment fee on all instruments. While doing this review, we came across various unknown facts that go in favor of this broker and tagging this platform as a legit one. There is no scope for doubts that can go against Libertex being a genuine broker that serves its clients limefxh all the facilities that they expect from an online broker like this.

Your investment may not qualify for invelimefxr protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive a commission from the companies we feature on this site. Allows MetaTrader 4, which is almost non-existent in most of the trading platforms like Libertex. On Libertex homepage, click on the ‘Log-In’ button at the top-right corner of your screen. You will be transferred to Libertex in-house trading platform. The broker offers a tight spread model for all CFD products, meaning you can trade limefxh a low gap between the bid and ask price. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all invelimefxrs.

MT4 and MT5 are compatible limefxh both iOS and Apple devices and you can download the trading software to your desktop. The broker has a significant amount of FX pairs, limefxcks, and cryptocurrencies. Traders are afforded a sufficient variety of both low-risk and high-risk assets. Regarding its non-trading costs, Libertex charges an inactivity fee for dormant accounts on which no trades have been placed for a period of 180 calendar days.

In the recent era, where online brokers are very popular, Libertex is yet another very popular name when it comes to CFD brokerage and Online Forex trading. The Libertex trading platform came into existence https://limefx.club/ in 1997 and operated from Limassol, Cyprus. Its inception, the trading platform has been serving trading requirements of over 2.2 million clients based across 110 countries from all over the world.