Libertex Review: Is It a Trustworthy Trading Platform?

Key Advantages and Drawbacks

Libertex’s published terms for the first quarter of 2026 set out a clear pattern of strengths and weaknesses. The points that matter are the two platforms on offer, the firm’s own Libertex platform and MT5, the published cost of trading major currency pairs, shares and indices, and the stated deposit and withdrawal terms. Cost figures in this review are worked out against a reference balance of 300 euros. The short summary comes first, before the detail.

Advantages

• A tier-one licence from CySEC in Cyprus, which imposes strict European conduct requirements on the licensed entity
• A commission-based pricing model with spreads quoted from 0.0 pips, which makes the cost of a trade explicit
• A proprietary trading platform (Libertex Platform) with a simple interface that a beginner can navigate
• Commission-free purchase of real shares through the Libertex Invest account
• A record of more than 27 years in brokerage, with more than 3 million clients across 120 countries
• Negative balance protection, and membership of the ICF investor compensation fund, whose stated ceiling is 20,000 euros
• More than 45 international awards, including “Best CFD Broker in Europe” (Global Forex Awards 2025)

Drawbacks

• No conventional swap-free Islamic account, which rules the broker out for anyone who needs Sharia-compliant trading
• Customer support is not offered in Arabic, which makes contact harder for a trader who does not read English
• An inactivity fee of 10 euros a month, charged after 180 days without trading
• The commission structure varies from one instrument to the next, at differing percentage rates, which makes the total cost harder to work out than at brokers using a fixed spread
• A bank-transfer withdrawal fee of 0.5%, subject to a minimum of 2 euros and a maximum of 10 euros

Taken together, Libertex suits European traders who want strong regulation and a straightforward interface. It is a weaker fit for an Arabic-speaking trader who needs an Islamic account and support in their own language. Anyone looking for those features can compare other broker reviews on this site.

Company Information

Libertex traces its origins to the Forex Club group, founded in 1997, which makes it one of the oldest names in online brokerage. In 2015 the group launched the Libertex trading platform as a separate brand operating from Cyprus under CySEC supervision. The legal entity behind the platform is Indication Investments Ltd, registered in Limassol, Cyprus.

As published in February 2026, Libertex sets out its legal structure on its own website and states that it has served more than 3 million clients in more than 120 countries. In August 2025 the Libertex group launched a further brand, LBX, operating from Mauritius through MAEX Limited to serve clients outside the European Economic Area.

On the sponsorship side, Libertex backed the Kick Sauber team in Formula 1 from February 2025 onwards, the outfit that later became Audi Revolut F1 Team. A commitment on that scale points to a substantial marketing budget and an ambition to grow internationally.

Is Libertex a scam? The question comes up repeatedly in Arabic-language search. On the public register the answer is no: the company holds a licence from CySEC in Cyprus, one of the tier-one European financial regulators, and has been in the market for more than 27 years. That does not make trading with it free of risk, and 79% of retail client accounts lose money trading contracts for difference on the platform. For a way to check any brokerage independently, see the guide on how to avoid scam brokers.

Why Some Traders Choose Libertex

Several features set Libertex apart from other brokerages, judged on what the firm publishes about itself. None of them makes it the right broker for everyone, but together they make it worth considering for particular kinds of trader.

Strict European regulation: Unlike many brokers that serve clients through offshore entities, Libertex operates directly under CySEC supervision in Cyprus, inside the European Economic Area. The requirements attached to that authorisation include segregation of client money, negative balance protection, and membership of the ICF scheme, whose stated ceiling is 20,000 euros. The firm also states that it meets the MiFID II rules applying in the European Union, including leverage caps and risk disclosures.

A transparent commission model: Where most brokers earn mainly from the spread, Libertex charges a proportional commission and quotes spreads from 0.0 pips. The cost of a trade is therefore known before the order is placed rather than buried in the quoted price.

A simple interface for beginners: The proprietary Libertex platform is built to be easy to follow. On the firm’s own description, opening a position takes three steps: pick the instrument, set the amount, and confirm the trade. That simplicity is useful for anyone still learning the basics of trading.

Commission-free purchase of real shares: The Libertex Invest account allows the purchase of real shares rather than contracts for difference, with no commission charged. That is a competitive feature next to brokers whose offering stops at contracts for difference. The commission-free share list covers large-capitalisation names including Apple and Tesla.

A long record in the industry: With more than 27 years in brokerage, the Libertex group (Forex Club) has a longer history than many of its competitors. A record of that length is an indicator of stability, though not a guarantee of it.

Licences and Regulation

On the public registers as they stood in February 2026, Libertex holds one principal licence from an established European supervisor, CySEC in Cyprus, together with a registration with BaFin in Germany covering a representative office. That register carries the licence number, which is set out in the table below.

Is Libertex genuinely licensed? Yes, and the record is public. The CySEC register is searchable on the authority’s own site (cysec.gov.cy): a search for number 164/12 returns Indication Investments Ltd, registered and authorised as a Cyprus Investment Firm (CIF). For more on what a licence means in the trading industry and how to check one, see the detailed guide.

What does a CySEC licence mean for an Arabic-speaking trader? The CySEC rulebook imposes a set of obligations on the licensed entity: client money must sit apart from the firm’s own operating funds, negative balance protection must be in place so that an account cannot fall below zero, and the entity must belong to the ICF investor compensation scheme, whose stated ceiling is 20,000 euros in the event the firm fails. The other side of that strict European regime is a leverage cap of 1:30 for retail accounts on major currency pairs, which some traders regard as a constraint on flexibility. Reading the guide to checking a broker’s licence before opening any trading account is worthwhile.

It is worth noting that Libertex has received a regulatory warning from the Indonesian authorities (OJK) for operating without a local licence in Indonesia. That does not affect the legality of its business in Europe or in the countries it serves under the CySEC licence, but it does show that the group has expanded into some markets without first obtaining the local authorisations required.

Opening an Account and Verification

The account-opening process, as documented in February 2026, is relatively simple, though it takes a few more steps than at some competitors. Initial registration through the website is a short form that the broker describes as taking under 3 minutes. Sign-up is possible with an email address or through a Google, Facebook or Apple account.

Identity verification (KYC) is the step that takes longest. The broker asks for proof of identity, either a passport or a national identity card, and proof of address, either a recent utility bill or a bank statement. No target turnaround for the check is published, so the length of the wait is not quantified here; a competitor such as Exness advertises a turnaround measured in hours rather than days.

The point worth noting is that Libertex does not allow trading on a live account until identity verification is complete. Only the demo account is available while the check is pending. That differs from brokers who permit trading in small amounts before verification finishes.

For Arabic-speaking traders, registration and verification run entirely in English, since the website is not published in Arabic. That is an obstacle for anyone who does not read the language comfortably. Readers new to trading who want the general sequence can consult the guide to opening a trading account.

The account-opening steps, in brief:

• Visit the Libertex website and register with an email address or a Google, Facebook or Apple account
• Complete the appropriateness assessment questionnaire CySEC requires (questions on trading experience and financial circumstances)
• Upload the verification documents (proof of identity plus proof of address)
• Deposit at least 100 euros and choose a trading platform

Account Types

Libertex offers several account types that differ by the platform they run on rather than by the conventional price tiers. On the firm’s own description, the substantive difference between them lies in the platform and the pricing mechanism, not in levels of service.

On the published specifications, the Libertex Platform account has the simplest interface of the four. Commission is worked out automatically and displayed before the order is confirmed, which removes any doubt about the total cost. This account does not support automated trading, nor the advanced technical indicators available on MT4 and MT5.

The Libertex Invest account is a distinctive addition the company launched in 2024. It allows the purchase of real shares, rather than contracts for difference, in companies listed on international exchanges, with no commission charged. The account suits investors building a long-term portfolio without recurring costs.

The Islamic account: This is one of the clearest weaknesses at Libertex for Arabic-speaking traders. The company does not offer a conventional Islamic account free of overnight financing charges (swap). What it offers instead is the Libertex Invest account, which permits the purchase of real shares with no overnight charge, because it is not a margin trading account in the first place. For anyone who wants to trade forex or contracts for difference without swap, Libertex is not the right choice. Whether forex trading is permissible under Islamic law is a question of religious ruling that sits outside the scope of this review, but the absence of a conventional Islamic account narrows the options for a trader who wants to stay inside those rules.

Leverage: The maximum leverage varies by account and by location. On the proprietary Libertex platform it reaches 1:30 for clients in the European Economic Area, in line with the ESMA rules. On MT4 and MT5 accounts outside Europe it can reach 1:999. The size of that gap reflects the European restrictions set against the terms available through offshore entities.

Fees and Trading Costs

Trading costs at Libertex work differently from most brokers, because they rest mainly on a proportional commission rather than on the spread. The published costs across several instruments are set out below, compared with three principal competitors: eToro, Plus500 and Capital.com.

Spreads

Libertex’s model is unusual in this respect. The spread genuinely begins at 0.0 pips on the proprietary Libertex platform, because the cost is charged as a proportional commission instead of being built into the quote. On MT4 and MT5 accounts the spread also begins at 0.0 pips, with a separate commission per lot. On the rates published during February 2026, the EURUSD spread on MT5 accounts sat between 0.0 and 0.3 pips through active trading hours.

To compare fairly with competitors that price through the spread alone, the figures below express the total cost, spread plus commission, as a pip equivalent. The table sets out the approximate total cost on the most heavily traded instruments.

As the table shows, trading costs at Libertex are broadly competitive on the major currency pairs and close to those at Capital.com, which is also low-cost. Set against the eToro review, Libertex comes out ahead on total cost across most instruments. Set against Plus500, Libertex is appreciably cheaper on the major currency pairs.

One caveat deserves attention: the commission rates differ sharply from one instrument to the next. Where the commission on EURUSD may be 0.011%, the rate on some shares or digital assets runs a good deal higher. That makes the total cost less simple to work out than at a broker quoting a fixed spread across every instrument.

Commissions

On the proprietary Libertex platform, commission is charged as a percentage of the value of the trade. That percentage varies by instrument and is shown plainly before the order is confirmed. On MT4 and MT5 accounts, commission is charged per standard lot and again varies by instrument.

The Libertex Invest account for real shares carries no commission at all. Only the ordinary market spread applies when buying and selling shares, with no further charge from the broker.

Overnight Financing Charges (Swap)

Overnight financing is charged on every contract-for-difference position still open when the market closes for the day. The charge varies by instrument and by the direction of the position. On the rates Libertex publishes, overnight financing sits close to the industry average and moves with prevailing interest rates in the global markets.

There is no route to waiving overnight financing through an Islamic account, because Libertex does not offer that option on contract-for-difference accounts. The single exception is the Libertex Invest account for real shares, where no overnight charge applies because the trading is not on margin.

Deposit and Withdrawal Fees

Libertex charges nothing to deposit, on any of the available methods. Withdrawal fees vary by method:

Card and e-wallet deposits are credited without a charge on the broker’s published terms. The bank-transfer withdrawal fee (0.5%) is not high, but it does weaken Libertex’s position against brokers such as Exness, which charges nothing to withdraw.

Inactivity Fees

This is a plain weak point. Libertex charges an inactivity fee of 10 euros a month after 180 days without a trade, a deposit or a withdrawal. Leaving an account dormant for 6 months is therefore enough for the charges to start accumulating. Against brokers such as Exness, which charges no inactivity fee at all, that counts as a noticeable drawback. Closing the account or withdrawing the balance is the sensible course for anyone not intending to trade for a long stretch.

Overall Assessment of the Fees

Taken as a whole, the Libertex fee structure is competitive on the major currency pairs, thanks to the commission model paired with a low spread. But the difficulty of pricing a proportional commission that changes by instrument, together with the inactivity fee and the bank withdrawal charge, reduces overall transparency against brokers offering a simpler schedule.

Desktop Trading Platforms

Libertex publishes three main options for trading on the desktop and in the browser, covering experience levels from beginner through to professional.

The proprietary Libertex platform (WebTrader): This is the flagship platform carrying the company’s name. It runs in the browser with nothing to download. The interface is simple and uncluttered, built for traders who prefer it that way. Opening a position takes fewer steps than on MetaTrader: pick the instrument, set the amount to invest rather than a lot size, and press “buy” or “sell”. The platform works out the commission and displays it before execution. Sizing by amount rather than by lot is what makes it approachable for a beginner.

MetaTrader 4 (MT4): The classic platform of the forex world. It supports automated trading through expert advisors (Expert Advisors) and carries more than 100 technical indicators alongside advanced charting tools. MT4 is offered on Libertex accounts, both as a Windows download and as a web version.

MetaTrader 5 (MT5): The newer generation, with additional features: 21 timeframes against 9 on MT4, 107 built-in technical indicators, market depth (DOM), and support for a wider range of order types including Stop-Limit orders. MT5 also supports trading in real shares alongside contracts for difference.

For a detailed look at the strengths and weaknesses of each trading platform, see the guide to the different trading platforms and how they compare.

Mobile Trading Apps

For trading from a phone, Libertex offers an app of its own alongside the official MetaTrader apps. The Libertex app as published in February 2026 has several points worth noting.

The Libertex app on Google Play carries a rating of 4.2 out of 5 stars from more than 78,000 ratings, with more than 10 million downloads. It is currently listed as “Libertex: Stocks & CFD Trading” on Google Play. On App Store the app is published with comparable ratings.

The app’s interface follows the web version closely. It supports opening and closing positions, watching the basic charts, and running the account, deposits and withdrawals included, directly from the phone. Order routing from the app uses the same execution arrangements as the browser platform, and no separate speed figure is published for mobile.

The app does not support Arabic, which means an Arabic-speaking trader works in an English interface. The charts in the app are also simpler than those on MT4 and MT5, adequate for checking a position quickly but not for advanced technical analysis.

Alongside its own Libertex app, the company launched “Libertex Social: Copy Trading”, which allows the trades of successful traders to be copied. That app is published on App Store and adds a social dimension to the trading experience. Anyone interested in mobile trading who wants to compare brokers’ apps can consult the guide to the best trading apps.

Tradable Instruments

Libertex offers more than 250 financial instruments across a spread of asset classes. The lists published for the proprietary Libertex platform and for MT5 are not identical, and the categories below follow the broker’s own breakdown.

The range of currency pairs is good and covers majors, minors and some exotics. The number of shares tradable as contracts for difference, more than 100 shares, is acceptable but well short of brokers such as eToro, which lists thousands. Adding the Invest account for real shares makes up part of that shortfall.

Digital currencies are tradable as contracts for difference, at commission rates the broker describes as competitive. Anyone interested in the precious metals can consult the guide to learning to trade gold for the basics of that market.

One point matters here: the number of instruments differs between the proprietary Libertex platform and the MT4 and MT5 platforms. MT5 carries the widest selection, while the proprietary Libertex platform can be narrower in some categories.

Order Execution

Libertex publishes no target execution latency and no fill-speed statistic, so execution speed is not quantified in this review. The firm states that orders on its proprietary platform are filled at the best available price, and it does not market itself as an ultra-low-latency venue in the way brokers specialising in execution speed do.

On slippage (Slippage), no figure is published by the broker and none is asserted here. Slippage on the major pairs is a function of liquidity and of volatility around scheduled economic releases, American and European data in particular. Brokers licensed in the European Economic Area must publish an order-execution policy, and that document, rather than any measurement, is the place to look.

On the MT4 and MT5 platforms, Libertex runs two different execution models. MT4 Market and MT5 Market accounts use market execution (Market Execution), where the order fills at the best available price with no requote. MT4 Instant and MT5 Instant accounts use instant execution (Instant Execution), where a requote is possible if the price moves appreciably while the order is being processed.

The order types available include immediate market orders, pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop, Buy Stop-Limit and Sell Stop-Limit on MT5), stop loss, take profit, and advanced orders such as Trailing Stop.

Deposit Methods

Libertex offers a range of deposit methods with a single minimum of 100 euros across every account type. On the published terms, card and e-wallet deposits are credited immediately, while a bank transfer takes several working days.

The positive point is that every deposit method is free from Libertex’s side. PayPal is offered as a deposit option, which many brokers do not provide. Worth noting, though, is that several payment methods used locally in the Arab region, Mada, STC Pay and Fawry among them, are not supported, which may be an obstacle for some Arabic-speaking traders.

The minimum deposit of 100 euros is higher than at some competitors, such as Exness at 10 dollars or Capital.com at 20 euros, but it stays within the range most traders would accept.

Withdrawal Methods

The withdrawal routes at Libertex mirror the deposit list closely, with differences in fees and processing times. A withdrawal is requested from the account dashboard, and the published terms for each route are set out below.

Can money be withdrawn from Libertex, and what about the reported withdrawal problems? This is one of the questions that surfaces in Arabic-language search. On the terms published for the first quarter of 2026, a withdrawal is requested in the client area and returned to the method used to fund the account: an e-wallet such as PayPal, a card, or a bank transfer. No withdrawal has been made from an account for this review, so no timing is asserted here; the published processing windows and fees appear in the table below.

Complaints on Trustpilot and in the trading forums about withdrawal problems at Libertex describe delays, and pressure from account managers to leave funds in place. Read against the group’s structure, most of them appear to concern accounts where verification was incomplete, or clients dealing with an offshore entity rather than the licensed European one. Caution is still warranted, and completing verification in full before depositing a large sum is the prudent course.

Customer Support

Support quality is one of the criteria that weighs most heavily in a review of this kind, and here the offering is constrained less by responsiveness than by the languages it covers. The channels the broker publishes, and the languages each of them handles, are set out below as they stood in February 2026.

Live Chat: The broker advertises live chat as its primary support route, available through the client area and the public site. It publishes no target response time, and reply speed and answer quality are not assessed here. The chat opens with an automated assistant that handles common questions before a request is passed to a human agent. Arabic is not among the languages the chat covers.

Email: An email address is published for written enquiries. No target response time is published for it, and reply times are not assessed here. On the Islamic account question, the broker’s own documentation states that no conventional swap-free account is offered and that the Libertex Invest account is the alternative.

Telephone: A telephone line is published for support during business hours. Answer times on it, and the quality of the advice given, are not assessed here.

The most prominent drawback: the complete absence of Arabic-language support. The website, the app, live chat and the help centre are all in English or another European language. Support is offered in roughly 8 languages, English, Spanish, German, French, Italian and Portuguese among them, but Arabic is not one of them. That is a material weakness for an Arabic-speaking trader who may need to settle a complicated financial question in a first language.

Research and Educational Material

The educational and research material Libertex publishes amounts to a reasonable set, but it is aimed entirely at traders working in English and the European languages.

Educational content: The site carries a body of teaching articles covering the basics of trading, an explanation of contracts for difference, technical and fundamental analysis, and risk management. The material suits beginners and intermediate traders. There is also a standalone learning app, “Libertex: Learn & Trade”, published on Google Play, which offers an interactive course.

Demo account: Libertex offers a demo account with a virtual balance, letting a trader try the platform and a strategy without risking real money. The demo carries the same instruments, indicators and order types as the live platform. Execution conditions on a demo feed are never identical to a live one, which is a general limitation of demo accounts rather than a criticism of this broker.

Analysis: The analysis Libertex provides is thin next to brokers such as IG or Saxo. Some daily commentary appears on the site and in the app, but it tends towards the general rather than the detailed.

Overall, the educational material at Libertex is adequate without being one of the broker’s principal strengths. The absence of any Arabic-language content makes this side of the offering weak for an Arabic-speaking trader. Anyone looking for a deeper treatment of financial analysis and its tools is better served by specialist Arabic-language sources.

Fund Safety and Safeguards

Fund safety is among the most important factors in choosing a broker, and here Libertex has a clear advantage thanks to its European licence from CySEC. The safeguards recorded in the firm’s own disclosures and in the regulator’s rulebook, as they stood in February 2026, operate in several layers.

Client money segregation: Under the CySEC requirements and the European MiFID II directive, Libertex must hold client money apart from the company’s own operating funds, in separate bank accounts. In an insolvency, segregated client money does not form part of the firm’s estate and is not available to its creditors. That level of separation is stricter than what many brokers operating through offshore entities provide.

Negative balance protection: Libertex applies negative balance protection across all retail accounts, meaning an account cannot fall below zero however violent the market move. That obligation is mandatory under the European ESMA rules rather than a discretionary policy.

The investor compensation fund (ICF): Libertex is a member of the Cypriot Investor Compensation Fund. Where a member firm fails to meet its financial obligations, an eligible claim against the scheme is capped at 20,000 euros. That is a meaningful additional backstop, though the ceiling is modest set against the equivalent schemes in some other jurisdictions.

Compliance with European regulation: As a Cyprus Investment Firm (CIF) licensed by CySEC, Libertex is bound by capital adequacy requirements, regular financial reporting, external audit, and the anti-money-laundering (AML) and know-your-customer (KYC) standards.

In summary on fund safety: Libertex operates at an above-average level of protection thanks to direct European regulation. An account opened with the CySEC-licensed entity carries genuine safeguards: segregation of client money, negative balance protection, and access to the compensation scheme. That differs from many brokers who serve Arabic-speaking traders through offshore entities offering less. Note, though, that the newer LBX entity (MAEX Limited), operating from Mauritius, does not provide the same level. Checking that the account is opened with the European entity (Indication Investments Ltd) is what secures the fuller set.

Conclusion

On its published terms and its regulatory record as they stood in the first quarter of 2026, Libertex is a broker with a long history and strong European regulation, offering a sound proposition on cost and on fund safety, but missing elements an Arabic-speaking trader is likely to need.

Who Libertex suits:

• Traders who put strict European regulation and the highest available level of fund segregation first
• Beginners looking for a simple platform that is easy to operate
• Investors who want to buy real shares with no commission through the Invest account
• Traders comfortable in English who do not need support in Arabic
• Anyone who prefers commission-based pricing paired with a low spread

Who it may not suit:

• Arabic-speaking traders who need a conventional swap-free Islamic account for forex and contracts for difference
• Anyone who does not read English and needs both support and a platform in Arabic
• Anyone looking for a very low minimum deposit, below 100 euros
• Traders who deal infrequently and do not want to pay an inactivity fee

Addressing the common concerns:

On the question “is the broker a scam or a fraud?” as it appears in Arabic-language search: on the register, the answer is no. The company has operated under European CySEC supervision for years and holds a verifiable licence (164/12), with roots reaching back to 1997 through the Forex Club group. The presence of complaints on platforms such as Trustpilot, where the company carries a score of 4.3/5 from roughly 9,500 reviews, does show that some clients have had a poor time of it, particularly over contact with account managers and over delayed withdrawals. Set against what search results say about Capital.com and fraud allegations or about other firms, complaints of this kind are common across the brokerage industry and do not on their own make a company untrustworthy. For more on telling a trustworthy firm from a fraudulent one, read the guide to fraud in the trading market.

On “is the broker licensed in Saudi Arabia?”, Libertex is not authorised by the Saudi Capital Market Authority (CMA). It holds the Cypriot CySEC licence only. That does not prevent a Saudi trader from opening an account, but it does mean any dispute would fall under Cypriot law rather than Saudi law.

Taken as a whole, this is a strong broker on regulation, safety and cost, but the absence of an Islamic account and of Arabic-language support makes it less suitable for an Arabic-speaking trader than brokers providing both. The one rating this site publishes for each broker is derived from the weights set out in the rating methodology, and no separate figure is asserted in this text. Anyone looking for an alternative with an Islamic account and Arabic support can consult the Markets.com review, or the other brokers listed on the broker reviews page.

Related reviews on this site: LiteFinance.