All Share (J203) = 89 573
Rand / Dollar = 18.39
Rand / Pound = 23.81
Rand / Euro = 19.91
Gold (usd/oz) = 3 084.70
Platinum (usd/oz) = 984.67
Brent (usd/barrel) = 72.61
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Libertex – Demo Account

Libertex Demo Account

 

Yes, Libertex does offer a Demo Account that mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account

 

🔍 Broker🥇 Libertex
📉 Regulation and LicensesNone
🎁 Bonuses✅Yes
⏰ Support Hours24/5
📊 Trading PlatformsLibertex App, MetaTrader 4, MetaTrader 5
🖱️ Account TypesLibertex Portfolio, Libertex CFD Account
🪙 Base CurrenciesEUR, GBP, USD, CHF, PLN
📌 SpreadsFrom 0.0 pips EUR/USD
📍 LeverageUp to 1:1000
💷 Currency Pairs50+; major, minor, and exotic pairs
💶 Minimum Deposit10 USD
💵 Inactivity Fee10 EUR after 6 months of inactivity
🔊 Website LanguagesEnglish, Spanish, Vietnamese, Chinese
💴 Fees and CommissionsSpreads from 0.0 pips, commissions vary
🥰 Affiliate Program✅Yes
🅰️ Scalping✅Yes
🅱️ Hedging✅Yes
📐 Trading InstrumentsForex, metals, indices, soft commodities, ETFs, bonds, energies
🚀Open an Account👉 Open Account

 

Min Deposit

USD 10

Regulators

CySEC

Trading Platform

MT4, MT5, Libertex Platform

Crypto

Yes

Total Pairs

0

Trading Fees

Low

Account Activation

24 Hours

 

Libertex Demo Account Revealed – A Key 8 Point Quick Overview

  1. Libertex at a Glance
  2. Libertex Overview
  3. How to set up a Libertex Demo Account – Step by Step
  4. Libertex Demo Account Features
  5. Libertex Customer Reviews
  6. Libertex Pros and Cons
  7. Conclusion
  8. Frequently Asked Questions

 

Libertex Overview

 

Libertex Overview

 

Libertex is a popular online forex and CFD broker. Libertex.org is registered in St. Vincent and the Grenadines. Libertex is the trading arm of Indication Investments Ltd, which itself forms a part of the Libertex Group that has been in operation since 1997, and currently serves over 2.2 million clients across 11 different countries.

 

With several industry awards to its name, Libertex is a trustworthy platform that only charges commission as opposed to spreads.

 

Libertex Overview

 

Libertex provides users with access to its own unique trading platform which is completely web-based, with no downloads required. With over 200 assets to choose from, Libertex is an excellent choice for those who want to trade across a variety of different industries. The company’s trading instruments include Forex currency pairs, stocks, metals, indices, commodities, and more.

 

How to set up a Libertex Demo Account – Step by Step

 

To register for, and set up a demo account with Libertex, traders must visit the website and follow the simple steps.

 

You can open a live account or demo account (also called a practice account) from start to finish on the Libertex website and choose to open a demo account first. Brokers usually require an e-mail and password to complete the initial step and if more than one currency can be used, traders must select their preferred account currency.

 

Follow these steps to open a Demo account:

 

  • Step 1 – Navigate to the Libertex website

 

The first step in registering for a Libertex demo account involves traders navigating to the Libertex website, and clicking on “start trading” to proceed.

 

How to open a Libertex Demo account step 1

 

  • Step 3 – Fill out the Libertex registration form

 

The second step in the registration process requires traders to fill in their: email address, password and cellphone number.

Click ‘open account’ to proceed.

 

How to open a Libertex Demo account step 2

 

  • Step 3 –  Open Libertex Dashboard and select “Libertex demo”

 

Traders will immediately gain access to the Libertex live dashboard, click “Libertex Demo” to start trading on the demo account platform.

 

How to open a Libertex Demo account step 3

 

Demo accounts are not intended for beginners only but provide more advanced traders an opportunity to explore what Libertex has to offer.

 

Libertex Demo Account Features

 

Libertex’s demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free. Due to this, traders cannot withdraw any profits which are made on the demo account.

 

📌 Demo Account Features:Virtual money
No expiration date
Mimics live trading conditions
Risk - free

 

Libertex demo accounts can be accessed via web and mobile apps and come with virtual money to trade with. It is easy to switch between the Libertex demo account and real mode on the Libertex website or within the app, allowing users to take advantage of rapidly changing market situations.

 

Libertex Demo Account Features

 

Libertex Customer Reviews

 

If you’re looking for buying stocks…

If you’re looking for buying stocks online without commissions best service best price This company is what you’re looking for I’ve been dealing with them for a while and they’re amazing –  James

IG 5 Star Review

Trading CFD’s on the website

Trading CFD’s on the website. I enjoy the information provided, the ease with which to trade, the tools and indicators. Only thing I miss is the possibility to use a trailing stop. It would be great if Libertex could take care of this. – J

IG 4 Star Review

Withdrawal money takes inacceppatle long time

After clarifcation no more issues – Andres

IG 3 Star Review

 

Libertex Pros and Cons

 

✔ PROS❌ CONS
Demo account can be openedCharges additional fees and commission
Easy switching between demo and real accountsOffers only two account types
Offers a user-friendly trading platformThe broker does not offer an ECN/STP model
Regulated by FSC

 

Libertex Pros and Cons

 

You might also like: Libertex Review

You might also like: Libertex Account Types

You might also like: Libertex Fees and Spreads

You might also like: Libertex Minimum Deposit

You might also like: Libertex Sign up Bonus

 

Min Deposit

USD 10

Regulators

CySEC

Trading Platform

MT4, MT5, Libertex Platform

Crypto

Yes

Total Pairs

0

Trading Fees

Low

Account Activation

24 Hours

 

Conclusion

 

Libertex is a broker with more than 20 years in operation, and provides decent offerings, though in a somewhat limited variety of trading instruments. While the company does offer the popular MetaTrader4 platform, Libertex’s offering in this category is fairly limited, with its own in-house platform failing to meet the standards of many of its competitors.

 

The company has garnered numerous awards and excels in the category of cryptocurrencies, but its other market instruments are also fairly limited when compared to many other brokers in the industry. Libertex is well-regulated and ensures a safe and secure trading environment for potential traders.

 

Contact Libertex

 

Frequently Asked Questions

 

Can traders from South Africa open a Libertex demo account?

 

A demo account is offered by broker companies like Libertex to South African traders on their international site, Libertex.org. Demo accounts are usually funded with virtual money and give a prospective customer the opportunity to experiment with the company’s trading platforms and its features.

 

Does Libertex offer a demo account?

 

Yes. Libertex offers a demo account to all expert and advanced traders.

 

How long is the Libertex demo account valid?

 

The demo account can be used unlimited and next to a real account.

 

Which live trading accounts does Libertex offer?

 

Only one live account, but with different status levels:

  • Gold status
  • GoldPlus status
  • Platinum status
  • VIP status

 

Can you withdraw money from a Libertex demo account?

 

No, Libertex does not allow the withdrawal of demo funds as these are virtual monies for practice trading.

5/5 - (2 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

September 26, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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