Libertex review
Featured review
Libertex
Libertex has operated since 2012, building a presence in the retail CFD space. EEA and Switzerland clients are served by Indication Investments Ltd (CySEC licence 164/12). The core product is a tight spread CFD trading with a per-trade commission. Platforms include the proprietary Libertex web and mobile app as well as MT4 and MT5. 84% of retail investor accounts lose money when trading CFDs with this provider.
Table of contents
Important risk warnings
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Clients benefit from CySEC's leverage limits: maximum 30:1 on major forex pairs, 20:1 on minor pairs and gold, 10:1 on commodities, 5:1 on major index CFDs and individual equities, and 2:1 on cryptocurrency CFDs.
- Past performance is not a reliable indicator of future results. CFDs are not suitable for all investors. You should only invest money you can afford to lose.
Fees, charges, and key terms
- Libertex uses a tight spread model + each CFD trade carries a per-trade commission. Forex CFDs commissions start from approximately 0.005% per side on major pairs.
- Overnight financing (swap) fees apply to CFD positions held past the daily market close. These costs accumulate over time and can significantly increase the total cost of leveraged positions held for multiple days.
- Deposits are commission free and withdrawals on some payment methods are free too, such as Skrill and PayPal. Processing times may vary.
- No account inactivity fee for accounts with balance above 5000 euros. Account opening and maintenance are free.
Terms and conditions: The minimum first deposit is โฌ100 for EEA and Switzerland clients (Indication Investments Ltd, CySEC 164/12). Always read the full Terms and Conditions, Key Information Documents (KIDs), and risk disclosures before opening an account.
At a glance
Overview
Libertex has been active since 2012, positioning itself as a multi-asset CFD broker for retail traders. The platform's key differentiator is its tight spread model with transparent per-trade commissions, where traders benefit from competitive spreads and clearly visible commission figures displayed alongside each underlying asset. 84% of retail investor accounts lose money when trading CFDs with this provider.
For EEA and Switzerland residents, the relevant entity is Indication Investments Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 164/12. CySEC regulation means Libertex EEA operates under strict CySEC rules, including mandatory retail leverage caps, negative balance protection, and access to the ICF. The ICF provides compensation of up to โฌ20,000 per eligible client.
The product range covers over 1000 underlying assets as CFDs: forex pairs, individual equities, ETFs, stock indices, commodities (oil, natural gas, metals), and cryptocurrency CFDs. The underlying assets are offered exclusively as CFDs โ which does not imply direct ownership of the underlying assets. A CFD on a stock does not confer shareholder rights, dividend entitlements, or ownership of the underlying share. Note that with the Invest account available at Libertex you may invest in real shares.
Platform experience
The proprietary Libertex platform is available as a web app and a mobile app (iOS and Android). The interface is clean, user-friendly, and designed around the tight spread and low commission CFD model. The app is categorised by asset class, which makes it straightforward to filter between CFDs on forex, stocks, ETFs, commodities, and crypto.
In addition to the proprietary app, Libertex supports MT4 (MetaTrader 4) and MT5 (MetaTrader 5), two industry-standard platforms widely used for charting, automated trading (Expert Advisors), and broad technical indicator support. MT4/MT5 access is available through Libertex and the tight spread, and low commission-based model applies there as well.
A demo account is available with simulated funds โ useful for testing the platform, understanding commission mechanics, and practising trade execution without real-money risk. The demo account does not expire, which allows longer periods of practice before committing capital.
The educational section includes video materials, tutorials, and market analysis content addressing leveraged trading, risk management, and instrument-specific information.
Fees and cost structure
The defining feature of Libertex's pricing model is tight spreads and transparent commissions. In a conventional CFD broker, the spread โ the gap between the opening and closing position โ represents the primary trading cost for short-term positions. Libertex instead charges very tight spreads (from 0,1 pips) and a per-trade commission, a percentage of the position value per side. For major forex CFD pairs, this rate starts at approximately 0.005% per side, though the exact rate varies by underlying asset and is visible in-platform before any trade is executed.
Overnight financing (swap) fees apply to CFD positions held past the daily market close. These costs accumulate over time and can significantly increase the total cost of leveraged positions held for multiple days.
There are no deposit fees for all payment methods and withdrawal is possible without fees via PayPal and Skrill. Account maintenance is free and there is no inactivity fee for dormant accounts with a balance over EUR 5000, removing the cost pressure associated with maintaining an account between active trading periods. If the Client's Account balance is lower than EUR 5000 and it is inactive for 180 calendar days (i.e. there is no trading, no open positions, no withdrawals or deposits), the Company reserves the right to charge an account maintenance fee of 10 EUR (10 GBP, 10 CHF, 50 PLN respectively) per month.
Regulation and safety
CySEC is a recognized authority, which means Libertex operates within a well-regulated framework. Indication Investments Ltd holds CySEC licence number 164/12. For retail clients, the applicable protections include mandatory negative balance protection (clients cannot lose more than they deposit), CySEC leverage caps, and a requirement to present standardised risk disclosures and Key Information Documents (KIDs) for each product.
Client funds at Indication Investments Ltd are held in segregated accounts with reputable financial institutions, separate from the company's operating capital. In the event of firm insolvency, this segregation is designed to prevent client assets from being used to satisfy creditors. Libertex is a Cyprus Investor Compensation Fund (ICF) member, which provides compensation of up to โฌ20,000 per eligible client.
Libertex has been operating since 2012, providing a relatively established track record in the retail CFD sector. Regulation history alone does not guarantee future conduct, and investors should always verify a platform's current status directly with the regulator's public register.
Pros and cons
See the summary below.
What works well
- Tight spread and low commission model provides transparent, predictable per-trade cost
- Operating since 2012 โ one of the longer-established CFD brokers
- CySEC regulated for clients from EEA and Switzerland with full MiFID II investor protections
- ICF protection up to โฌ20,000 per eligible client
- Negative balance protection mandatory for retail accounts
- Available on proprietary platform and app (web, iOS, Android) plus MT4 and MT5
- Demo account with no expiry for risk-free practice
- Minimum first deposit โฌ100 (EU)
- No deposit or withdrawal fees on most payment methods
What to consider
- Leverage capped at 30:1 for major forex under CySEC rules (regulatory requirement protecting retail clients)
- Overnight financing costs accumulate significantly for positions held more than 1โ2 days
- For CFD trading: No direct ownership of underlying assets โ underlying assets are traded as CFDs
- Investment account is available for the clients interested in investing in real shares
- Educational resources are relatively basic compared to some larger platforms
Editorial verdict
Libertex earns a score of 8.3/10 in the BrokerFind editorial assessment. The platform's standout features are its tight spread and low commission model which provides pricing transparency for active traders, its long operational history since 2012, and its CySEC regulatory status that delivers meaningful investor protections for the clients โ including ICF coverage up to โฌ20,000, mandatory negative balance protection, and full MiFID II compliance.
The platform is a reasonable choice for active traders who trade frequently and short-term, as the tight-spread and low commission-based cost model tends to be more efficient for higher-frequency trading compared to fully spread-based pricing. The EUR 50 000 demo account, MT4/MT5 support, and the clean proprietary app make it accessible across skill levels.
Points to weigh carefully: overnight financing costs accumulate significantly for positions held longer than a day or two; the CySEC leverage caps that apply to EEA retail clients reduce profit and loss magnification (this is a regulatory protection, not a broker shortcoming); and the fundamental risk inherent to all CFD trading โ 84% of retail investor accounts lose money when trading CFDs with this provider.
Investors should always review the latest Key Information Documents (KIDs), full Terms and Conditions, and specific risk warnings for each asset before trading. This review is based on publicly available information as of April 2026 and is subject to change as platform terms and regulatory requirements evolve.
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