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Score
Saint Vincent and the Grenadines
Regulated in Cyprus
Market Maker (MM)
White label MT4
Global Business
High potential risk
Influence
Add brokers
Comparison
Quantity 41
Exposure
Score
Regulatory Index6.67
Business Index8.07
Risk Management Index0.00
Software Index9.46
License Index6.67
Single Core
1G
40G
Danger
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Company Name
Forex Club International LLC
Company Abbreviation
Libertex
Platform registered country and region
Saint Vincent and the Grenadines
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
Do not invest in Libertex, it is a scam, they are bloodsuckers.
It's been more than a month and no technical answer about what happened. Lastly, they no longer respond to emails. The famous worst account advisor is not responsible for anything.
It's a scam, they make promises to deposit money, but they don't let you withdraw, they impose conditions, they put a condition on me that I had to earn 8000 USD and additionally I have to trade as they say. And if you don't follow instructions, they won't let you withdraw, all of this is so that one loses money in the accounts.
Well, first, I was contacted by Melania from the Libertex broker. She told me about the broker and encouraged me to invest. I was led by her promises of big earnings within a few months, which prompted me to make an initial deposit of $1,000, followed by another $8,000 and then another $2,000. This was to start trading and generating profits. Everything was going well with six successful trades. Then, she suggested making a trade in gas, which opened with a $3,500 investment. Within minutes, the trade was at risk of an 80% loss. An auto-boost was activated, the trade increased, and started to fall into negative territory. Despite seeing this, the analyst didn't advise me, just assured that it would bounce back in my favor. Sadly, as the minutes passed, the trade closed in negative, resulting in losing all my capital and earnings.
do not register under this broker. after complet register, u cannot sign in and never find the login page.
On January 20 the advisor Jorge Robles scammed me 313 dollars. as I was learning he told me. Open this operation. And I was already more than 50 % in loss. Then he disappeared. Be careful with this gang of thieves.
They made me put in 1000 dollars according to my advisor (Cristian) and Ricardo. They were going to give me a bonus of a thousand dollars if I made the deposit of 1000 dollars, and there were 4 operations where, in the last one, my advisor made me lose all the capital. And I asked the service, they told the client that I did not have any bonus. There were calls that they made for almost a month so that I could make the deposit.
I was working with the Libertex broker and I hadn't had any problems, I could deposit and withdraw without any issues. However, my profits were less than $1,000.00 USD. But as soon as I managed to make profits, I have $3141.52 USD in my account and since Friday, September 19, 2024, my withdrawal has not been processed. On Tuesday, September 24, 2024, after calling, I received a notification stating that my account was not verified. So I uploaded the verification data. And it said that I would receive a response within 1 to 2 business days. The next day, Wednesday, September 25, 2024, I logged into the application and there was a notification stating that if I didn't add a screenshot of the payment method showing the name of their company, the amount of money deposited, date and time, my email address, the link of the platform where the payment was made, and the logo of the company I used to make the payment, my account would be suspended.
I made the deposit and it told me that I had to verify, I sent everything required and then they blocked it.
The broker Libertex falsely advertises a 100% deposit bonus, which in reality cannot be used. This is a deceptive marketing tactics. The bonus cannot be withdrawn, and if your account balance decreases, they will cut the bonus altogether.
What happened to the balance of my account that went from SU$868 to US$27 ???? Are you not a professional who has all the tools like Bloomberg??? Why, if you knew that I know nothing about trading, did you not protect me and put all the capital plus the profits in one operation??? What kind of advice is LIBERTEX providing to its clients that makes them lose all their invested capital? Isn't there a loss limit to protect the investment??? LIBERTEX STOLE MY US$868 IN A FRAUDULENT OPERATION. THEY KEPT THE BALANCE AND ARE UNABLE TO VERIFY MY IDENTITY AND BLOCKED MY ACCOUNT. THIEVES!!!!!!!!
It's been several months since I fell into the Libertex trap and they still haven't returned the money. I, like many, was the victim of calls at the moment to invest and see how your account remains at zero and then they tell you that there is no worry. And you deposit 5000 dollars and they recover everything and double the capital. They continue to rob you and the worst thing is that the Czech regulatory cysec does nothing but makes these criminals continue stealing. something has to be done... currently my account remains in zeros. Because even the last 500 usd that I consigned to try to save that last operation and which did not enter I used them for some operations in oil wti. They were in minus and after a while they also closed them, they said that due to expiration. It has never happened in etoro where I have lasted months with negative operations and they never close the account. So my account is left with 10 usd and now at 0 usd.
after register the web unable to open eror 404. first unable tu login, then after refresh the web, that web under eror 404
I try deposit small amount 30u and registered an account with support doc. after a week ask for withdrawal and need to wait for 1day processing, after a day email asking support doc??? pls alert 🚨Scammer!!!! Money in easy, Money out hard (a lot occur n issued)
On June 27, an operation that I never carried out appeared in my account. I made the respective claim and they told me that they had no responsibility since supposedly I had not taken care of the password. Then by insisting and indicating that I never lost or shared my password with anyone. They told me that the operation came from the same computer in which I performed the last operation, which was in the EUR/USD pair. It is clear that there was no loss of password. I closed the last operation at 8:42 p.m. and went to sleep with my phone. No one could have operated it because it has a password. And the operation was opened at 2 in the morning, a time when I was asleep like everyone else in the house.
This broker is a scam, they reach you through fake traders and then affiliate you to the platform, they contact you, make false promises and make you invest, inflate your account and then make you lose all your capital with supposed advice from an "expert" person from that company. Finally, they steal from you and what little is left they don't let you withdraw due to identification error. That's how they have me now, with my account blocked. In short, IT'S AN ABSOLUTE ROBBERY. WHERE ARE THE INTERNATIONAL AUTHORITIES LIKE INTERPOL???? Good afternoon Gabriel. What happened to the balance of my account that went from SU$868 to US$27???? Aren't you a professional who has all the tools like Bloomberg??? Why, if you knew that I know nothing about trading, didn't you protect me and put all the capital plus the profits in a single operation??? What kind of advice is LIBERTEX providing to its clients that makes them lose all their invested capital.
LibertexReview Summary | |
Founded | 2016 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Regualted |
Market Instruments | Stock CFDS, cryptocurrencies, forex, metals, indices, commodities, ETFs, Bonds |
Demo Account | ✅ |
Leverage | Up to 1:999 |
Spread | From 0.0 pips |
Trading Platform | MT4/MT5/Libertex |
Min Deposit | $10 |
Customer Support | Live chat |
Tel: Mexico: +52 (33) 4162 - 3933Chile: +56 (2) 2582 - 9768Colombia: +57 (60) 2240 - 9192Other countries: +447456417828 | |
Email:Latin America: info@help.libertex.orgVietnam: cs@help.lbxofficial.orgThailand: cc@help.libertex.orgOther countries: info@help.libertex.org | |
Regional Restrictions | Russia, USA, Japan, Brazil and European Union; countries identified by FATF as high risk and non-cooperative jurisdictions having strategic AML/CFT deficiencies; and countries that are under international sanctions' clients are not allowed |
Libertex is a regulated broker, offering trading on Stock CFDS, cryptocurrencies, forex, metals, indices, commodities, ETFs and Bonds with leverage up to 1:999 and spread from 0.0 pips on MT4/MT5/Libertex trading platforms . The minimum deposit requirement is $10.
Pros | Cons |
With demo account | USA clients are not allowed |
Various trading products | |
MT4/MT5 platform | |
Low minimum deposit requirement |
Yes. Libertex is licensed by CySEC to offer services.
Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
![]() | Cyprus Securities and Exchange Commission | Regulated | Indication Investments Ltd | Market Maker (MM) | 164/12 |
Tradable Instruments | Supported |
Stock CFDS | ✔ |
Cryptocurrencies | ✔ |
Forex | ✔ |
Metals | ✔ |
Indices | ✔ |
Commodities | ✔ |
ETFs | ✔ |
Bonds | ✔ |
Here are two account types Libertex offers:
Account Type | Min Deposit |
Libertex Portfolio | $10-50 |
Libertex CFD | $10-50 |
Demo | ✅ |
The broker offers max leverage at 1:999. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.
Trading Fees
The broker requires no fees for trades or inactivity.
Libertex Spreads
The broker offers spreads from 0.0 pips.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, mobile, online web trader | Beginners |
MT5 | ✔ | Experienced trader | |
Libertex | ✔ |
The broker accepts payments via bank transfer,Bank card, WebMoney (not present in Asia), Skrill (except EU wallets),
Neteller (except EU wallets), Perfect money, visa and mastercard.
The minimum deposit amount vary depending on your region, payment provider and selected method. Most methods support deposits within 10-50 USD equivalent.
Processing times for withdrawal requests may vary depending on the withdrawal method. No minimum withdrawal amount defined.
Deposit Options | Min. Deposit | Fees | Processing Time |
Bank transfer | / | Bank commission only (please check with the bank). Additional conversion is possible on the bank's side. | 2-5 business days |
Bank card | 10 USD.50 USD for Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. | 1% - most countries.2,5%- mostly CIS countries. | Instant |
WebMoney (not present in Asia) | 10.00 USD | 18%+ 0,8% ( not less than 2 and not more than 50 USD on WebMoney's side) for Russia.15%+ 0,8% ( not less than 2 and not more than 50 USD on WebMoney's side) for Kazakstan.17%+ 0,8%( not less than 2 and not more than 50 USD on WebMoney's side) for Uzbekistan.12% + 0,8% (not less than 2 and not more than 50 USD on WebMoney's side) - other countries. | Instant |
Skrill (except EU wallets) | 10 USD | 1,9% (min. 0,5 USD)Malasia, Indonesia- 0% | Instant |
Neteller(except EU wallets) | 10 USD | 4% (min. 0,5 USD)Malasia, Indonesia- 0% | Instant |
Perfect money | 10 USD | 0.5% | Instant |
Has Libertex played a significant role in the forex trading industry for decades? WikiFX created a comprehensive review in today's article to help you better understand this broker. We will analyze its reliability based on specific information, regulations, etc. Let’s get into it.
Libertex collaborates with Bundesliga Champions FC Bayern for the 'Push For More' campaign, inspiring global confidence and self-belief. This innovative campaign is part of their multi-year alliance.
The Arbitrum network is a layer-2 functionality, developed by the New York-based company Offchain Labs, which seeks to solve the congestion that the Ethereum network has been experiencing by improving how smart contracts are validated.
Libertex is an online forex broker offering a series of financial instruments. However, recent complaints raise our concern over the reliability of Libertex. Does this broker still appear to be trustworthy? WikiFX made a comprehensive review of this broker from different perspectives, such as specific data, regulation, exposure, etc.
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