All Share (J203) = 89 640
Rand / Dollar = 18.15
Rand / Pound = 23.49
Rand / Euro = 19.55
Gold (usd/oz) = 3 073.95
Platinum (usd/oz) = 987.50
Brent (usd/barrel) = 73.86
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Libertex – Minimum Deposit

Libertex Minimum Deposit

 

Libertex offers a minimum deposit requirement of only $10. This minimum deposit amount is equivalent to R170 ZAR at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

🔍 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 Minimum Deposit Revealed – A Key 9-Point Quick Overview

  1. Libertex at a Glance
  2. ✅Libertex Overview
  3. Libertex Minimum Deposit
  4. Libertex Deposit fees and deposit methods
  5. Step-by-step guide to depositing the Libertex minimum amount
  6. Libertex Pros and Cons
  7. Libertex Customer Reviews
  8. Conclusion
  9. Frequently Asked Questions

 

Libertex Overview

 

Libertex Overview

 

According to research in South Africa,  Libertex is an online broker, Founded in 1997, offering the trading of currency pairs and CFD contracts via online trading platforms. The company executes orders based on a ‘Market Maker model’ and does not offer an ECN/STP connection.

 

Libertex operates as a brand under the brokerage division of Indication Investments Ltd, which is part of the Forex Club Group based in Russia. Libertex.org is registered in St. Vincent and the Grenadines. The company has offices located in Cyprus, Russia, and Belarus and is regulated by the Financial Sector Conduct (FSC).

 

The company offers 213 tradable assets available on a reliable, award-winning platform performed by high-speed execution of orders, processed through market execution. The company’s trading instruments include Forex currency pairs, stocks, metals, indices, commodities, and more.

 

Libertex Overview

 

Moreover, Libertex enables its clients to trade Cryptocurrencies through a range of the popular or even less common pairs alike, including BitcoinEthereum, RippleMoneroDashStellarZcashEOS, NEO, and many more. 

 

Libertex Minimum Deposit

 

Libertex has a minimum deposit requirement of only $10. This minimum deposit amount was equivalent to R170 ZAR at an average current exchange rate between the US Dollar and the South African Rand at the time of writing. Libertex allows traders to fund their accounts via several different methods.

 

💳 Minimum deposit$10
ZARR170 ZAR
📊 LeverageUp to 1:500
💰 Commissions Yes
📌 Open an account👉 Click Here

 

Libertex’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.

 

Libertex - Minimum Deposit

 

Libertex Deposit fees and deposit methods

 

Libertex offers traders various deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account. Most deposit methods are processed instantly except for bank transfers which can take several hours on occasion. Traders must ensure that they verify whether their financial institution charges its own fees.

 

Deposit methods that can be used include:

 

💳 Bank transfer
💳 GiroPay
💳 Debit/credit card
💳 iDEAL
💳 Skrill
💳 Multibanco
💳 Neteller
💳 P24
💳 Sofort
💳 Rapid Transfer

 

Step-by-step guide to depositing the Libertex minimum amount

 

Traders can fund their accounts by sending the funds to one of the Libertex segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.

 

  • Step 1 – Log in

 

Traders then log into their personal area to deposit the Libertex minimum amount

 

How to deposit the Libertex minimum amount step 1

 

  • Step 2 – Select deposit

 

Select the option for deposits, and follow the instructions to make a deposit into the trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.

Funds must be transferred in the same currency as the bank account to which they are sending it to, to prevent currency conversion fees from being charged.

 

How to deposit the Libertex minimum amount step 2

 

  • Step 3 –  Fill out personal information 

 

Traders must fill out their personal information and follow the KYC process to deposit the Libertex minimum amount.

 

How to deposit the Libertex minimum amount step 3

 

Libertex Pros and Cons

 

✔ PROS❌ CONS
An attractive ‘zero spreads’ modelCharges additional fees such as inactivity fee, withdrawal fee, and transaction fee
Easy switching between demo and real accountsOffers only two account type that limits traders and investors
Great customer service
Offers a user-friendly trading platform

 

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, and the tools and indicators. The 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 unacceptable long time

After clarification no more issues – Andres

IG 3 Star Review

 

Libertex Customer Reviews

 

You might also like: Libertex Review

You might also like: Libertex Account Types

You might also like: Libertex Demo Account

You might also like: Libertex Fees and Spreads

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 that ensures a safe and secure trading environment for potential traders.

 

Libertex - Minimum Deposit

 

Frequently Asked Questions

 

What is the minimum deposit required to open an account with Libertex?

 

R170 ZAR.

 

How do you make a deposit and withdraw money with Libertex?

 

Libertex offers the following deposit methods:

  • Bank transfer
  • Debit/credit card
  • Skrill
  • Neteller
  • Sofort
  • Trustly
  • GiroPay
  • iDEAL
  • Multibanco
  • P24
  • Rapid Transfer

 

The same method that was used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account.

 

Are my deposits safe with Libertex?

 

Yes, deposits made are safe as Libertex is regulated

 

Does Libertex charge withdrawal fees?

 

Yes, depending on the withdrawal method.

 

How long does it take to make a withdrawal?

 

Most payment methods are processed in an instant. However, bank transfers could take several hours – days on occasion.

3.7/5 - (3 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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