✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in Libertex. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Libertex and tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | libertex.com – libertex.org |
| 🏠 Company | Indication Investments Ltd. |
| ️ Regulatory | CySEC |
| [email protected], [email protected], [email protected] | |
| 📈 Leading | MetaTrader 4 and MetaTrader 5 |
| 📌 Direction | 10 Agiou Athanasiou, Ksenos Building, Floors 6 and 7, 4105, Limassol, Cyprus |
⚠️ Libertex is owned by Indication Investments Ltd., the company is located in Cyprus, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. ⚠️
Account types
Libertex does not offer different accounts to operate.
Information on the web
Libertex provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, educational section, personal experiences, really not much more than this.
List of phone numbers
+357 22 025 100
🚫 Final valuation of Libertex 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Libertex.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about Libertex:
| Date | Update – news |
|---|---|
| August 2021 | Complaint against Libertex of CySEC. |
Video about Libertex
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Libertex.
At the end of the review you will find customer comments.
How to Claim Money Scammed by Libertex
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report Libertex
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report Libertex?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is Libertex a scam – is it scam?
Yes. We believe that Libertex is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is Libertex trustworthy?
No. Libertex is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from Libertex?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to Libertex?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
One of the problems may be that Libertex is a Market Marker, meaning that, in addition to the commissions, spread and swap that they always charge you, (whether you win or lose), every time you win they lose, and vice versa. More than once I asked myself if the advisors who call you make commissions for your profits or your losses, because they almost always induce you to make investments of large percentages of your deposit, with significant leverage and with automatic increase, it means that if you have For example U$1000, you make an operation of 300 and set automatic increase, if the operation goes wrong you not only lose the 300, but you can lose the account. They NEVER tell you that. It's not a scam but it's close to it.
Hi Mike, thanks for writing about Libertex. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
Be very careful with these people, they dedicate themselves to swindling others, they ask you for money, they tell you that they are going to teach you, and they ask you for money in a very rude way. When you ask to withdraw money, they send you to do many procedures and if you tell them something They get defensive saying that it is not convenient for things in the market, they have several pages in which they are in charge of putting good comments and that you get carried away by all the theater that they themselves manipulate
Hi Jorge, thanks for writing about Libertex. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
Sorry, I lost $4000 overnight on Libertex.
Since I am a beginner, a supposed adviser called me and urged me to make 2 movements in which I lost everything. Passed 5 days ago.
Is it possible to do a recovery? I am from Bolivia
Hello Jesus, thanks for writing about Libertex. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.