In this in-depth Libertex review 2025, we will analyze broker’s features, trading conditions, fees, regulations, and user experience. We will also explore trader reviews to understand how real users perceive the company. By the end of this article, you will have a clear understanding of whether Libertex (also called FxClub) is the best choice for your trading needs or if you should consider an alternative.
Libertex is a well-established online broker that has been operating in the financial markets for over two decades. It offers a variety of trading instruments, including forex, commodities, stocks, and cryptocurrencies. FxClub promotes a seamless trading experience through its proprietary platform, competitive fees, and advanced tools. However, does it truly meet the expectations of modern traders?
Key Features of Libertex
- Regulated Broker: Libertex is licensed by CySEC, providing a level of security for traders.
- Diverse Trading Instruments: Offers forex, stocks, indices, cryptocurrencies, and commodities.
- Commission-Based Pricing: Instead of spreads, traders pay a fixed commission per trade.
- Proprietary Trading Platform: Web-based and mobile trading platforms designed in-house.
- Leverage Trading: Provides leverage up to 1:30 for retail clients, with higher options for professionals.
- Demo Account: Allows traders to test strategies with virtual funds.
- No Spread Trading Model: Unlike traditional brokers, Libertex applies fixed commissions instead of spreads.
- Educational Resources: Offers beginner-friendly trading guides and tutorials.
- Multilingual Customer Support: Available via live chat, email, and phone.
Trading Platform
As the Libertex review shows, the broker does not support popular trading platforms such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5) in European countries. Instead, it provides its own proprietary trading platform, accessible via web and mobile devices. While this platform is beginner-friendly and easy to navigate, it lacks advanced features such as custom indicators, automated trading, and sophisticated analytical tools.
For traders from European countriesrelying on complex strategies and algorithmic trading, the absence of MT4/MT5 is a major drawback. Many traders prefer the flexibility of third-party platforms, and the lack of these options significantly limits customization and functionality.
Libertex Account Types & Minimum Deposit
Libertex simplifies its offering by providing a single trading account, which may not cater to the diverse needs of traders. The minimum deposit requirement is relatively low, making it accessible for beginners. However, the absence of multiple account types means that experienced traders seeking ECN, VIP, or cent accounts may feel restricted.
Additionally, Libertex does not offer Islamic (swap-free) accounts, which could be a disadvantage for traders requiring Sharia-compliant trading. Many competing brokers provide a range of account options to suit different trader needs, which Libertex lacks.
Fees and Commissions
One of the defining aspects of Libertex is its commission-based fee structure. Instead of traditional spreads, traders pay a fixed commission per trade. While this can offer more transparency, commission costs can accumulate quickly, making frequent trading expensive.
Other cost considerations include:
- Withdrawal Fees: Certain payment methods incur withdrawal charges.
- Inactivity Fees: If an account remains inactive for a specified period, a maintenance fee is applied.
These additional charges reduce the broker’s competitiveness compared to commission-free trading platforms or brokers with lower overall costs.
Libertex Regulation & Security
In our Libertex review, we found out that it operates under the regulation of the Cyprus Securities and Exchange Commission (CySEC), which provides a certain level of investor protection. However, it does not hold licenses from top-tier regulators like the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC), which raises concerns about its credibility and overall security.
While CySEC regulations ensure adherence to European financial laws—such as negative balance protection and investor compensation schemes—traders looking for the highest level of regulatory oversight may prefer brokers regulated by the FCA, ASIC, or NFA.
Pros
✅ Regulated by CySEC
✅ Wide range of trading instruments
✅ Commission-based pricing model instead of spreads
✅ User-friendly proprietary trading platform
✅ Leverage options available
✅ Demo account for practice
✅ Educational resources for beginners
✅ No spread trading model
Cons
❌ No support for MT4 or MT5 trading platforms in European countries
❌ High commission fees for frequent traders
❌ Limited account types available
❌ Not regulated by top-tier financial authorities
❌ No direct market access (DMA)
❌ Withdrawal fees on certain payment methods
❌ Inactivity fees for non-active accounts
Trader Reviews of Libertex: What Are Users Saying?
Positive Reviews
Some traders appreciate FxClub for its simple interface and commission-based pricing model. Here are a few positive reviews from Libertex users:
- “Libertex has a very user-friendly platform, great for beginners!” – Mark T.
- “I like that there are no spreads, just commissions, which makes my trading more predictable.” – Lisa W.
- “Fast execution and a decent range of assets to trade.” – Jason R.
- “The customer support team was helpful when I had an issue with my deposit.” – Rachel H.
Negative Reviews
However, many traders express dissatisfaction with Libertex’s platform limitations, high commission costs, and regulatory concerns:
- “Not having MT4 or MT5 is a dealbreaker for me. The proprietary platform is too basic.” – Daniel S.
- “The commission fees pile up quickly. If you trade frequently, it becomes very costly.” – Anna K.
- “Customer support is slow to respond, and withdrawals can take longer than expected.” – Robert D.
- “I don’t feel safe trading with a broker that is not regulated by top-tier authorities.” – Michael P.
- “They charged me an inactivity fee after a few months of no trading. That was frustrating.” – Laura G.
- “No option for automated trading or advanced charting tools. The platform is too simple for experienced traders.” – James L.
Is It the Best Choice for Traders?
In our Libertex review, we found that while it does offer some attractive features, it is far from being the best broker on the market. The lack of industry-standard trading platforms in EEA such as MT4 and MT5 is a major drawback, particularly for traders who rely on advanced charting tools, algorithmic strategies, and automated trading.
Additionally, the commission-based pricing model can make trading expensive over time, especially for active traders. The absence of regulation from top-tier financial authorities further diminishes its attractiveness, as does the presence of withdrawal and inactivity fees.
For traders looking for a more secure, feature-rich, and cost-effective trading experience, better alternatives exist in the market.
Conclusion on Libertex Review
Libertex markets itself as a user-friendly broker, but it has several major drawbacks that make it a less attractive option for serious traders. The absence of popular trading platforms, high commission fees, additional charges, and lack of strong regulatory oversight place it behind many competitors.
If you are considering opening an account with Libertex, weigh the pros and cons carefully. Many brokers provide superior features, lower fees, and stronger regulatory backing, making them a better choice for traders seeking reliability and long-term success.
Before making a decision, explore other brokers that may offer a more competitive and secure trading experience
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