Libertex Review: Best Forex Trading Platform UK

Libertex is a broker for online stock and CFD trading with extensive background in the financial industry and online trading. In 2021, the broker received awards for Best Trading Platform and Most Trusted Broker. The broker’s current trading web-platform is one of its benefits and defining qualities. It is defined by a user-friendly interface, a wealth of information, and best technological tools. 

You can use the terminal thanks to all of these parts. The fact that the Libertex brand has more than 20 years of expertise in the financial market and online trading and is a member of the 1997-founded Libertex Group serves as a dependability signal. They have developed a solid reputation as a trustworthy broker over this time. Libertex and RoboForex both are the best forex trading platform uk that provides a lot of facilities to online traders.

They have developed a solid reputation as a trustworthy broker over this time. Libertex has won 40 awards from financial periodicals and organizations throughout the world for its superior customer service and cutting-edge technical innovations.

When it comes to finding the best forex trading platform, several key factors come into play to ensure a seamless and profitable trading experience. One platform that consistently stands out is MetaTrader 4 (MT4). Renowned for its user-friendly interface, powerful analytical tools, and customizable features, MT4 has become the go-to choice for both novice and experienced traders alike. Its comprehensive charting package allows for in-depth technical analysis, while its wide range of indicators and expert advisors facilitate automated trading strategies. Moreover, MT4’s mobile compatibility enables traders to stay connected and execute trades on the go, ensuring flexibility and convenience. With its reliability, security, and extensive community support, MetaTrader 4 remains a top contender as the best forex trading platform for traders seeking efficiency, functionality, and reliability in their trading endeavors.

Leverage

Libertex allows for a maximum leverage of 1:30, which I believe to be competitive for active traders and increases traders’ flexibility. Negative balance protection is a thing, and it’s an important element for trading with leverage.

Hours of Libertex Trading

Libertex provides 24/7 CFD trading.

I advise MT4/MT5 traders to take the next action to access trading hours:

  1. In the Market Watch window, right-click the selected symbol and choose Specification.
  2. Down the page, find Sessions.

Libertex gives customers access to its own distinctive trading platform

There is no need for any downloads because it is entirely web-based. Any web browser can use the Libertex platform, which has a user-friendly interface and works without a hitch.

The platform offers solid services and rapidly completes trades. While many brokers employ pre-existing platforms (like cTrader), Libertex has taken the time to create an interface with the user’s needs in mind.

They have, however, also included Metatrader into their offering. Customers can therefore use MetaTrader 4 (MT4) or MetaTrader 5 (MT5), two well-known trading platforms that offer a wide range of functions and features, in addition to their own custom platform. The best forex broker is reputable and trustful in all manners.

Commission & Spreads

All underlying assets are subject to tight spreads applied by Libertex. Although spreads differ by asset class, Libertex is still competitive on the majority of trades. Notably, there are no commission fees for trading CFDs on cryptocurrency. Tight spreads apply; specifics can be found at Libertex.com.

Fees

For deposits, Libertex does not charge any fees. The down payment is just €100.Skrill and PayPal withdrawals are free; the cost of other withdrawal types depends on the payment method. For complete, current information, please see the payment options page; however, any fees will be made clear at the time of confirmation. The majority fall between 0.5% and 1%. Some techniques rely on the area as well.

The Libertex welcome bonus

Libertex provides a deposit bonus and welcome bonus to traders who open genuine accounts. Frequently, brokers will provide a broker bonus. Such a broker bonus is frequently provided to new traders by brokers in order to attract new clients and promote trading activity. The easiest technique to reassure traders that they will receive some money back depending on the original deposit made is to offer a deposit or welcome bonus. You can choose the best forex broker by check the rankings and reviews and also the market demand.

The Welcome Bonus is only available with deposits of at least $100. $10,000 is the maximum bonus amount. Recover 10% of all bonus trading commissions that were paid in actual money. Libertex transfers the conversion bonus in 2% payment increments to your trading account. Within 90 days, you should engage in enough trading to convert the entire bonus.

Minimum Deposit for Libertex

At the time of writing, the average current exchange rate between the US dollar and the South African rand made this minimum deposit amount equal to 160 ZAR. Libertex gives traders a variety of ways to fund their accounts.

Demo Account for Libertex

Libertex demo accounts are accessible via online and mobile apps and include €50,000 in fictitious currency. Users create both an actual account and a demo account at the same time (although they will be unable to access the real account without first making a deposit).

The Islamic Account

Sharia-compliant traders at Libertex are not given the choice of an Islamic account. Frequently, traders are given the option to convert their live trading account to an Islamic account, or alternatively, an Islamic account is offered as a standalone account with a different application process.

 

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