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BROKER REVIEW · RANK #43 OF 139

Libertex review

Libertex is operated by Indication Investments Ltd (CySEC 164/12, founded as a brand in 2012) and offers MT4/MT5 alongside its own Libertex platform, with a separate group entity also holding an FSCA license in South Africa.

3.18 / 5 overall CySEC No. 164/12 · est. 2012
Data last reviewed: 8 October 2026 Regulation last reviewed: 8 October 2026 Pricing last checked: March 2026 Next scheduled review: January 2027
Worth knowing: FSCA held by a separate Libertex group entity, not Indication Investments Ltd. Group also holds offshore licenses (Mauritius FSC, Vanuatu VFSC) which are excluded per the approved regulator list. No FCA license; UK/AU/US clients not accepted.
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Regulated entityIndication Investments Ltd
RegulationCySEC No. 164/12
Other Tier-1 regulatorsFSCA
Founded2012
HeadquartersLimassol, Cyprus
Minimum deposit$100 (varies by region/promo, as low as $10 on some entities)
Avg. spread (EUR/USD)0.5 pips
PlatformsMT4, MT5, Proprietary (Libertex)
InstrumentsRoughly 1,000+ CFDs and real-share offerings spanning forex, indices, commodities, ETFs, bonds and cryptocurrencies.

See Libertex's full regulation dossier → · How to check whether a forex broker is regulated

Strengths

  • Low cost to start: $100 (varies by region/promo, as low as $10 on some entities) minimum deposit, 0.5 pip average EUR/USD spread
  • Broad platform choice: MT4, MT5, Proprietary (Libertex)

Weaknesses

  • Thinner regulatory footprint than most peers on this list
  • Shorter operating history than most peers, trading since 2012

Score breakdown

Regulation & client protection
2.6 / 5
Trading costs
4.35 / 5
Non-trading fees
1 / 5
Platforms & tools
3.4 / 5
Execution / trading conditions
4 / 5
Product range
4 / 5
Deposits & withdrawals
3 / 5
Transparency
5 / 5
Track record
1.9 / 5

Who Libertex is -- and isn't -- a good fit for

Likely a good fit if you're...

  • Traders who want platform choice -- 3 platforms are confirmed, including MT4, MT5.
  • EU- and/or UK-based traders who want the regulatory protections and investor compensation scheme that come with a CySEC and/or FCA licence (see Investor protection below).
  • Cost-sensitive traders -- this broker scores well on our cost factor (low spread and/or low minimum deposit relative to peers).

Look elsewhere if you're...

  • No specific "not for" signal in our researched criteria -- still confirm current terms directly with the broker.

Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.

Investor protection

Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.

Accounts, costs & support in more depth

Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.

Account typesTwo main products: a Portfolio Account (long-term stock investing, no commission, no swap, no inactivity fee) and a CFD Account (leveraged trading up to 1:999, spread-based pricing). No separate Islamic, professional, or ECN tier was found.
Execution modelLibertex states it uses "Market Execution" -- orders filled at the best available price rather than a requoted or fixed model -- but isn't classified by independent sources as specifically ECN or STP.
Withdrawals & depositsNo minimum deposit requirement and no fee on bank-wire deposits. Card deposits carry a 2.5% fee (minimum $0.50), Skrill 1.9% (minimum $0.50), and Neteller 4.0% (no minimum). Withdrawals carry a 0.5% fee (minimum €2, maximum €10), with card withdrawals a flat €1 and Neteller withdrawals 1.0%. Methods include bank transfer, cards, Skrill, Neteller, PayPal and crypto.
Overnight financing (swap)Rollover interest is applied at 9pm GMT, tripled Wednesday-to-Thursday for FX pairs and Friday-to-Monday for CFDs, the standard triple-swap convention. Libertex does not offer an Islamic/swap-free account, so this applies universally. At least one independent source criticizes its broader commission/fee disclosure as confusing and not fully transparent.
Currency conversion costA fee applies when an asset's currency differs from the account's base currency, but the exact rate is explicitly described by one source as undisclosed.
Inactivity feeSources differ on the exact trigger period (90 vs. 180 days), though both corroborate a fee of roughly €10/month -- treat the fee amount as reasonably confirmed and the trigger period as unconfirmed.
Customer serviceTwo separate Trustpilot listings exist for the Libertex group (libertex.com and libertex.org) showing similar overall scores around 3.8-4/5 from very large review bases (several thousand each), but differing negative-review response rates (83% within a week vs. 100% within 48 hours). Users commonly praise the interface as beginner-friendly.
Mobile experienceiOS App Store rating of 4.3/5 from 435 reviews; a Google Play rating wasn't found.
Educational offering"Libertex Academy" offers courses, videos, guides, tutorials and hour-long webinars with company presenters, plus a demo account with up to $100,000 in virtual funds. At least one independent reviewer notes a shortage of educational material variety despite decent quality -- a mixed assessment.

See how Libertex's spread cost compares across every researched broker → · Forex broker fees explained

Frequently asked questions

Is Libertex regulated?

Yes -- CySEC No. 164/12. See the regulation dossier on this page for the underlying licence numbers.

Is my money protected if Libertex fails?

Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.

What is the minimum deposit at Libertex?

Our research confirms a minimum deposit of $100 (varies by region/promo, as low as $10 on some entities).

What trading platforms does Libertex offer?

Libertex offers MT4, MT5, Proprietary (Libertex).

What is Libertex's average spread on EUR/USD?

Our research confirms an average EUR/USD spread of 0.5 pips. See our cost calculator to compare this across every broker we've reviewed.

When was Libertex founded?

Libertex was founded in 2012.

How is Libertex's overall score calculated?

Libertex currently scores 3.18/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.

How this score is calculated: Nine weighted categories against a fixed, disclosed rubric -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5% -- not a ranking relative to other brokers, and not hands-on tested. See the full methodology. Verify current terms directly with the broker and its regulator's public register before depositing funds. This is not personalized financial advice.

Recent changes

A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.

01 8 October 2026 Baseline recorded -- change tracking starts here. No prior change history is available for this broker.

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