Libertex – Platform Overview and Traders’ Feedback
The broker provides access to trading in financial assets through specialized programs, one of which is Libertex. It is a licensed online platform equipped with features that enable the execution of a trader’s orders for transaction execution. Libertex grants access to currency markets, stocks, commodities, cryptocurrencies, futures, metals, and commodities. This platform empowers investors to profit from speculative operations based on fluctuations in the value of instruments without the need for actual buying or selling.
Trading Terms and Platform Features
The Libertex terminal was developed by programmers at the financial company Indication Investments Ltd, also known as Libertex Group. This Cypriot organization provides online trading services and utilizes its proprietary platform for this purpose. Regulators have recognized its merits, granting permission for other brokers to use this terminal. Consequently, the application from the developer company’s management to introduce its software product to the market was promptly approved.
The Libertex trading platform offers access to all types of assets, with which the broker works using a custom terminal. Trading conditions are not solely defined by platform settings; they also depend on the offerings of the investment company. Developers have taken care of its core aspects, including code within the program to support the most extensive functional service.
The Libertex app boasts a user-friendly and intuitive interface, making it suitable for traders of all experience levels. Not only experienced investors but also newcomers using the terminal for the first time will easily grasp its functionality.
Libertex is applicable to the Forex market and other financial instruments. The platform is versatile and suitable for all brokers, who simply need to configure it according to their specific partnership conditions. The terminal also offers the option to set stop-out and margin call levels.
Novices in the financial market can undergo basic training through the platform. A dedicated section of the site features educational materials and resources that, once studied, enable traders to formulate their own trading strategies.
To use Libertex, you need to download the software to your device from the broker’s official website and install it. Access to your account is achieved by entering the login and password provided when registering a trading account with the company.
How Scammers Deceive Traders on Libertex
In the world of Forex and financial markets, Libertex is used legitimately. The program is licensed, and its functional attributes have been thoroughly examined by regulatory experts, with continuous monitoring in place. Therefore, when dealing with the genuine version of the platform, there is no need to anticipate any hidden traps. The assurance of secure trading lies in partnering with a reputable broker. It is only with this status that the developer, who holds the copyright to the platform, provides access to installation files.
There are numerous positive reviews on the internet regarding experiences with Libertex. These favorable opinions are exploited by scammers who claim to offer opportunities for earnings within the Libertex terminal. These fraudulent individuals commission the creation of software that visually resembles the licensed version. While it may differ in terms of functionality, users often fail to notice these distinctions, especially as the offer is primarily directed towards beginners. Utilizing such software is bound to result in losses due to incorrect execution of orders, order slippage, and fund deductions initiated by the company.
Positive reviews abound for the original Libertex terminal. Traders who utilize the platform through a licensed broker have highlighted its advantages.
Access to all markets, an intuitive interface, a plethora of analytical tools, the capability for trade automation, and precise execution of investor orders – all of these merits make trading risk-free. User Max455 shared this sentiment in their review.
In a comment, Igor022 expressed dissatisfaction with the trading platform. He found it challenging to grasp its functional characteristics. Having previously worked with MT4 and MT5, he prefers using these terminals for short-term investments and reserves Libertex for long-term transactions.
Alamgir2013 operated on the Libertex platform through a pseudo-broker. He incurred substantial losses due to the incorrect execution of his orders, and his attempt to withdraw the remaining funds proved futile. The trader attributed these issues to the platform, but in reality, the problem lies with the broker, as they are responsible for approving withdrawal requests. Transactions are not automatically processed in the form of transfers from the terminal. The broker confirms all transactions, and the platform merely records them as reports on fund movements.
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