Libertex offers commission-free real stocks and spread-based pricing on CFDs, with commission starting from 0.0% depending on the underlying asset, on its own platform alongside MetaTrader 4 and 5.
Spreads from
1.6 pips
Commission
$0 (spread-only)
Min deposit
$100
Established
1997
Regulated by
CySEC · BaFin · FSC Mauritius
Written byLaverlane Team·Updated16 Oct 2026
Researched with AI assistance and verified by our editors
Regulation
Supervised by CySEC for EU clients, with an offshore LBX brand regulated in Mauritius.
Libertex services are provided by Indication Investments Ltd, a Cyprus Investment Firm supervised by CySEC under licence 164/12 and subject to investor protection rules under the Markets in Financial Instruments Directive (MiFID II). The firm also operates a representative office in Germany, registered with BaFin (BaFin ID 10161686).
Indication Investments Ltd no longer accepts clients from the United Kingdom.
Clients outside the European Economic Area (EEA) are served by the Libertex Group brand LBX, operated by MAEX Limited, a company registered in Mauritius (registration no. 158250 C1/GBL) and licensed by the Financial Services Commission of Mauritius (FSC Mauritius) under licence C118023400.
Key facts
Multi-decade market history backed by a private group corporate structure.
Client-facing entity
Indication Investments Ltd
Regulators
CySEC, BaFin, FSC Mauritius
Restricted countries
ES, GB, US, CA, JP, IR, KP
Negative-balance protection
jurisdiction-only
Minimum deposit
$100
Max leverage (UK/EU retail)
1:30
Max leverage (offshore entity)
1:1000
Typical EUR/USD spread
0.3 pips
Platforms
MT4, MT5, Proprietary
Account currencies
EUR, GBP, CHF, PLN
Founded in 1997, Libertex represents one of the longer-standing brand names in retail CFD brokerage. The firm maintains a privately held corporate structure and has adapted its trading delivery over time to incorporate both third-party platforms and proprietary technology.
Best for
Pros & cons
Fund safety
Client funds are segregated and covered by the Investor Compensation Fund for retail clients.
Libertex stores client funds across several banks to diversify risk and segregates them from operational capital. Retail clients benefit from Investor Compensation Fund coverage of up to €20,000.
Professional clients waive Investor Compensation Fund coverage, extended risk disclosures, and Financial Ombudsman access.
LBX clients under MAEX Limited do not have access to the Investor Compensation Fund, and no statutory compensation scheme is published for that entity.
Account terms
Standard contract terms with an inactivity fee and market execution.
Libertex charges an inactivity fee of €10 per month (or 10 GBP, 10 CHF, or 50 PLN) once an account has had no trading, open positions, deposits, or withdrawals for 180 calendar days. A maintenance fee of the same amount applies if a remaining balance is not withdrawn within two months of terminating the agreement.
Orders execute at market prices on the Libertex platform. Margin adjustment of up to 0.3% applies when the account currency differs from the quoted currency of the underlying asset.
Costs
Variable spread pricing with commission from 0% depending on the underlying asset.
Libertex says spreads are variable and shows live spreads per instrument in its platform; it does not publish a fixed EUR/USD figure on its terms and fees or specification pages. Commission starts from 0.0% depending on the underlying asset, and real stock investing is commission-free with market spreads applying.
Swaps are charged for each night a position is held, and a margin adjustment of up to 0.3% applies when the account currency differs from the asset's quoted currency. Deposits are free, but withdrawals carry fees on most methods.
| Instrument | Asset class | Typical spread | Unit |
|---|---|---|---|
| EUR/USD | Forex CFD | 0.3 | pips |
Spreads shown are typical, not guaranteed, and widen during volatile sessions or outside main market hours. Figures reflect the broker's standard retail account.
Markets
Over 1,000 trading instruments spanning currency pairs, indices, metals, shares, and crypto.
Forex CFD
46 pairs
Index CFD
20 indices
Commodity CFD
Metals, energies, softs
Single-Stock CFD
1313 shares
Crypto CFD
Available ✓ · Weekend trading ✓
Real ownership: Stocks / ETFs
Stocks
Instrument coverage includes forex pairs, stock indices, metals, oil and gas, agricultural commodities, and individual share CFDs. Libertex also offers commission-free investments in real stocks.
Cryptocurrency CFDs are available, although retail clients in some jurisdictions are restricted from crypto derivatives.
Platforms
Multiple platform choices including MetaTrader 4, MetaTrader 5, and the Libertex app.
Traders can choose between MetaTrader 4 and MetaTrader 5, which both support automated trading and hedging. The proprietary Libertex platform offers trading from the chart, an economic calendar, and a streamlined mobile and web order layout.
A demo account is available for practice, and the Libertex app is available on iOS and Android.
Execution
Libertex lists market execution as its order execution method and does not publish an execution model.
Libertex states that orders execute at market prices on its platform. The broker does not clearly publish whether it acts as a market maker or routes orders to external liquidity, and independent reviewers note that only market execution is stated across all account types.
You won't find public execution quality statistics, slippage metrics or fill speed data on the main site.
Leverage
Retail leverage is capped at 1:30 for EU clients and reaches 1:1000 on the offshore LBX entity.
Libertex offers up to 1:30 leverage for retail clients, consistent with ESMA limits for EU-regulated firms. Professional client status allows a higher maximum multiplier but waives Investor Compensation Fund coverage and other retail protections.
The offshore LBX entity advertises maximum leverage of 1:1000 on its Standard and Zero accounts, well above the EU cap and the 1:500 threshold. The margin call level (when you're warned your margin is running low) is 50% and the stop-out level (when positions start closing automatically) is 30% on LBX accounts.
LBX mentions negative balance protection on its Standard account page, but its Risk Warning says clients remain liable for any deficit, so check LBX's terms before relying on it.
Account types
Low-friction account setup, with different minimum deposits for EU and offshore accounts.
| Account | Min deposit | Commission | Swap | Spread | Demo | Islamic |
|---|---|---|---|---|---|---|
| Libertex platform | $100 | Spread-only | Variable overnight swap | Not offered | Yes | No |
| MetaTrader 4 / 5 | $100 | Spread-only | Variable overnight swap | Not offered | Yes | No |
| LBX Standard (offshore) | $10 | Spread-only | Variable overnight swap | From 1.6 pips · Variable | Yes | No |
| LBX Zero (offshore) | $500 | $6 Other | Variable overnight swap | From 0 pips · Variable | Yes | No |
Libertex offers its proprietary platform and MetaTrader 4 and MetaTrader 5 accounts, all with a €100 minimum first deposit. Account currencies include EUR, GBP, CHF, and PLN.
The minimum trade volume is €20 on the Libertex platform and 0.01 lot on MetaTrader.
On the offshore LBX brand, the Standard account has a $10 minimum deposit, zero commission and spreads from 1.6 pips. The Zero account requires $500 and charges a $6 per lot commission, with spreads from 0.0 pips on EUR/USD and 0.1 pips on other majors.
Funding
Multiple payment methods with free deposits and fees on most withdrawals.
Deposits and withdrawals can be made via PayPal, Skrill, Neteller, bank cards, and bank wire, and deposits are free. The minimum first deposit is €100 for EU accounts.
PayPal withdrawals are free, Skrill and Neteller charge 1%, card withdrawals cost €1, and bank wires cost 0.5% (minimum €2, maximum €10). Processing time depends on the method: e-wallets are typically settled within minutes or a few hours, while bank transfers can take several business days.
On the offshore LBX brand, most deposits and withdrawals carry a 0% fee. Cards, Neteller, Skrill and crypto are typically instant, while some local bank rails take 1–3 business days and a few charge a small provider fee.
Support
Support is available through live chat, email, and phone, with 24/7 coverage on the offshore LBX brand.
The offshore LBX brand advertises 24/7 live chat with a typical reply under two minutes, although its Help Centre lists live chat during business hours (Monday to Friday), email, and local phone lines in Argentina, Colombia, Thailand, and Vietnam, staffed in English, Spanish, Thai, and Vietnamese.
Market research materials include real-time news, an economic calendar, and a daily digest, while the Education hub offers trading guides and a demo account.
Availability
Services are focused on EEA and Swiss residents, with Spain and the UK excluded.
Libertex.com serves residents of EEA countries and Switzerland through Indication Investments Ltd. The company has not onboarded new clients from Spain since 29 July 2024 and no longer accepts clients from the United Kingdom.
If you live outside the EEA, you'll be directed to a separate website, so check you're eligible during registration before you submit identification documents.
Residents of other regions are served by the separate LBX brand, which lists clients across Latin America and South-East Asia, including Argentina, Colombia, Mexico, Peru, Thailand, the Philippines, and Vietnam.
Verdict
Libertex is an easy way in if you like a choice of platforms and simple funding. Its proprietary platform alongside MetaTrader support accommodates varying experience levels, though active traders should account for variable spreads, withdrawal fees on several payment methods, and the inactivity fee. Clients outside the EEA are served by the offshore LBX brand, which offers leverage up to 1:1000 but without Investor Compensation Fund coverage.
If you prioritise a simple app, access to real stocks alongside CFDs, and MetaTrader support, Libertex meets those needs well. If you need Tier-1 regulatory protection, you may want to look at other brokers.
Best suited for casual position traders and cryptocurrency CFD enthusiasts who trade through standard account types.
FAQ
Libertex trading services are provided by Indication Investments Ltd, a Cyprus Investment Firm supervised by CySEC under licence 164/12. Retail clients benefit from Investor Compensation Fund coverage of up to €20,000, although professional clients waive this protection. Clients outside the EEA are served by the Libertex Group brand LBX, operated by MAEX Limited under an FSC Mauritius licence.
Libertex is an online broker founded in 1997 that offers CFDs on forex, indices, commodities, shares, and cryptocurrencies, plus commission-free real stocks. Libertex says the wider Libertex Group serves millions of clients across several countries. Libertex orders execute at market prices with variable spreads.
Libertex supports MetaTrader 4, MetaTrader 5, and its own proprietary web and mobile platform. MetaTrader allows automated expert advisors and hedging. Users can trade from the chart, follow an economic calendar, and practise on a demo account.
Libertex offers more than 1,000 trading instruments including forex pairs, stock indices, metals, oil and gas, agricultural commodities, shares, and cryptocurrency CFDs. Real stocks can be bought commission-free, with market spreads applying.
Withdrawals process through PayPal, Skrill, Neteller, bank cards, or bank wire. PayPal withdrawals are free, Skrill and Neteller charge 1%, card withdrawals cost €1, and bank wires cost 0.5% (minimum €2, maximum €10). Processing time depends on the method: e-wallets are typically settled within minutes or a few hours, while bank transfers can take several business days.
The minimum first deposit on Libertex is €100. Later deposits can be smaller, and the exact minimum depends on the payment method shown during the deposit process. Deposits are free of charge.
Alternatives
Eightcap offers CFDs on 850+ markets through TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker, with a Raw account that starts from 0.0 pips. Clients outside the regulated regions contract with Eightcap Global Limited in The Bahamas, which carries no statutory compensation scheme.
Octa offers swap-free forex and CFD trading on OctaTrader, MetaTrader 4 and MetaTrader 5, with no trading commission and a $25 minimum deposit. Accounts on octabroker.com are with Versustrategy Inc, registered in Saint Lucia, and the legal documents page lists no financial regulator.
JustMarkets offers leverage of up to 1:3000, swap-free trading and MT4, MT5 and its own app, but international clients contract with an offshore Seychelles entity without a statutory compensation scheme.
FXCM offers forex and CFD trading on Trading Station, MetaTrader 4 (MT4) and TradingView. Accounts on the international website are with Stratos Global LLC, an offshore entity in St Vincent and the Grenadines that sits outside the group’s regulated companies.
ThinkMarkets offers ThinkTrader, TradingView, MT4 and MT5 with 4,000+ instruments and leverage of up to 1:500 on Standard and ThinkZero accounts. International clients contract with a Seychelles-licensed entity.
IronFX operates as a retail CFD broker providing high leverage up to 1:1000 on MetaTrader 4, but international clients contract through an offshore entity without statutory compensation protection.
CFI Financial offers MT5, TradingView and its own app with no minimum deposit and leverage of up to 1:500. International clients trade with CFI International Ltd, licensed in Mauritius.
EC Markets offers MT4, MT5 and its own app with a $10 minimum deposit on STD and ECN accounts and leverage of up to 1:1000. International clients trade with the Mauritius-licensed entity.
General CFD risk warning
CFDs are complex leveraged products and carry a high risk of rapid losses. They do not give you ownership of the underlying asset. Depending on your jurisdiction, broker entity and client classification, protections such as leverage limits and negative-balance protection may differ or may not apply. Where negative-balance protection is not provided, losses may exceed the funds you deposit. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Disclaimer
This page is provided for general information only. Nothing on this page constitutes investment, tax or trading advice, or a recommendation to open an account or trade with a particular broker. Laverlane does not provide personalised investment advice. We are not a broker or financial institution, we do not arrange or execute trades, and we do not hold client funds.
Broker availability, spreads, fees, leverage, products and legal protections, including compensation schemes and negative-balance protection, vary by the broker’s legal entity, your country of residence and your client classification, and may change over time. Where a broker is required to publish its retail CFD loss rate, that figure is shown on its review page. Spreads shown are typical figures as at our verification date; they are not guaranteed and may widen, particularly during volatile market conditions.
Laverlane Scores reflect the information available at our most recent review. They are editorial assessments, not guarantees of a broker’s financial strength, reliability or future performance. Where we report a regulator warning or enforcement notice, it reflects the official public information available at the time of our review.
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