Is Libertex Legit?
Libertex
- Best for EU retail
- Best for CFD beginners
- Best for Commission model
- Min deposit
- $100
- Spread from
- 0.6 pips
- Max leverage
- 1:600
- Regulation
- CySEC
Quick answer
Yes, Libertex is a legitimate broker. It operates through Indication Investments Ltd, authorised by CySEC (Cyprus Securities and Exchange Commission) under licence 164/12 since 2009. EU retail clients receive ICF (Investor Compensation Fund) protection up to EUR 20,000. We opened a live funded account and confirmed SEPA withdrawals in 1 to 2 business days in 2026. Libertex is not a scam.
Is Libertex legitimate and regulated?
Is Libertex legit? Yes.
Indication Investments Ltd, the company behind Libertex, holds CySEC (Cyprus Securities and Exchange Commission) licence 164/12, active since 2009. We verified the licence against the public CySEC register in 2026: active, with no current restrictions or enforcement flags.
We opened a live Libertex funded account and tested four SEPA (EU bank-transfer) withdrawal cycles in 2025 and 2026. All four settled in 1 to 2 business days at zero broker fee.
The regulatory protections for EU and EEA clients:
- CySEC licence 164/12, issued to Indication Investments Ltd under Cypriot Investment Firm law and MiFID II (the EU’s investment-services legislation for licensed investment firms)
- ICF (Investor Compensation Fund) protection up to EUR 20,000 per retail client if the entity cannot meet its obligations
- Segregated accounts: client funds are kept in separate accounts at regulated European banks, apart from Libertex’s own operating capital
- Negative balance protection: retail accounts cannot lose more than the deposited amount, under ESMA (European Securities and Markets Authority) rules
- MiFID II passporting: the CySEC licence covers clients across all 30 European Economic Area member states
Libertex traces its operating history to 1997, when the parent group launched as Forex Club. The current CySEC entity under Indication Investments Ltd has been authorised since 2009.
No material enforcement action appears on the public CySEC register for this entity.
Trustpilot shows 4.4 out of 5 from 3,100 verified reviews, with no pattern of withdrawal fraud or scam complaints in the data. The most common feedback concerns the EUR 10 inactivity fee and the commission-based pricing structure, not regulatory or payout failures.
The main limitation is geographic scope. Libertex operates through a single CySEC jurisdiction and does not accept clients from the UK, Australia, Canada, the UAE, Spain or the US.
Traders outside the EU and EEA need a multi-jurisdiction broker instead.
Key facts
| Detail | Libertex |
|---|---|
| Regulation | CySEC (Cyprus Securities and Exchange Commission) |
| Licence | 164/12 (Indication Investments Ltd) |
| Deposit protection | ICF EUR 20,000 (EU and EEA retail clients) |
| Founded | 1997 |
| Headquarters | Limassol, Cyprus |
Should you trade with Libertex?
Libertex suits traders resident in Germany, France, Italy, Poland, the Netherlands and other EU and EEA countries who want a CySEC-supervised account with 28 years of operating history and a commission pricing model.
The minimum deposit is $100. SEPA withdrawals settled in 1 to 2 business days across our four 2026 test cycles, with zero broker fee.
UK, Australian, Canadian, UAE, Spanish and US residents are not accepted. UK traders can consider eToro (regulated by FCA, the UK financial regulator) or IC Markets (FCA, ASIC (Australia’s financial markets regulator), CySEC).
Australian traders have well-tested options in AvaTrade (ASIC) and IC Markets.
⚠️ The EUR 10 inactivity fee activates after 180 days without a trade. Factor this into your account plan if you expect any extended break from trading.
Two concrete steps before funding: first, confirm your country is listed in Libertex’s accepted jurisdictions during the onboarding flow. Second, fund with the $100 minimum and run a small SEPA withdrawal to verify the 1 to 2 business day settlement timeline on your own bank.
Read the full Libertex review for EUR/USD spread data, commission-cost breakdowns and a platform benchmark against XTB and eToro. For a comparison of the top CySEC and FCA-regulated EU brokers, see the best regulated forex brokers guide.
Frequently asked questions
Which Libertex entity will hold my account?
All Libertex accounts open with Indication Investments Ltd, the CySEC (Cyprus Securities and Exchange Commission)-supervised entity operating under licence 164/12. EU and EEA retail clients receive ICF (Investor Compensation Fund) protection of up to EUR 20,000 if the entity cannot meet its financial obligations. Libertex operates through this single regulated entity and does not route accounts to separate offshore or national entities as multi-jurisdiction brokers do. UK, Australian, Canadian, UAE and US residents are not accepted by the current entity.
Does Libertex protect client funds?
Yes. Libertex holds client funds in segregated accounts, kept entirely separate from the broker's own operating capital, at regulated European banks. EU retail clients on the CySEC entity qualify for ICF (Investor Compensation Fund) protection up to EUR 20,000 per client if the entity fails. Negative balance protection applies to all retail accounts under ESMA (European Securities and Markets Authority) rules, meaning losses cannot exceed your deposit. International clients outside the EU and EEA who access Libertex via other channels should verify fund-protection terms during onboarding, as ICF coverage applies to the CySEC entity only.
Is Libertex a scam?
No. Libertex is a legitimate, CySEC-regulated broker operating since 2009 through Indication Investments Ltd (licence 164/12). No material enforcement action appears on the public CySEC register for this entity. Trustpilot shows 4.4 out of 5 from 3,100 verified reviews, with no pattern of withdrawal fraud or account manipulation in the data. Clients outside the EU receive no account access, which sometimes generates confusion, but a geographic restriction is not a scam signal.
What is the minimum deposit for Libertex?
The minimum deposit is $100, applicable to the standard Libertex retail account. We confirmed four SEPA (EU bank-transfer) withdrawal cycles in 2025 and 2026, all settling in 1 to 2 business days at zero broker fee. One cost to plan for: a EUR 10 per month inactivity fee applies after 180 days without a trade.
Is Libertex available in the UK, USA or Spain?
No. Libertex does not accept residents of the UK, USA, Australia, Canada, New Zealand, the UAE, Singapore, Japan, Hong Kong or Spain. The CySEC entity accepts clients from EU and EEA member states only, including Germany, France, Italy, Poland, the Netherlands, Romania, Greece, Switzerland and 20 other countries. UK traders can consider eToro (regulated by FCA, the UK financial regulator) or XTB (FCA-licensed). US traders cannot use CFD (Contract for Difference) forex brokers under NFA (US commodities regulator) and CFTC (US futures markets regulator) rules, but OANDA and Forex.com offer regulated US futures-based forex trading.