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Home/Broker ratings/LibertexLast updated: June 12, 2026

Libertex

Verified
Founded: 1997HQ:
CY flag
Cyprus
Website: libertex.org
Rating
TP3.84 400 reviews
Position in MX
#7
Regulators

Libertex is a trading brand of the Forex Club group, operating since 1997, headquartered in Limassol, Cyprus. A multi-asset broker covering forex, stock CFDs, indices, commodities, cryptocurrencies, ETFs and bonds.

Regulation

The Forex Club group holds three forex licences: CySEC (Cyprus) 164/12, FSC Mauritius C118023400 and FSCA (South Africa) FSP 47381. However, Mexican clients are not served by any of these regulated entities. The contracting entity for Mexico is Forex Club International LLC, registered in Saint Vincent and the Grenadines (registration No. 1277 LLC 2021). Payment processing for client deposits and card refunds is handled by Holcomb Finance Limited, registered in Cyprus (HE 183254).

The FSA of Saint Vincent and the Grenadines explicitly states on its website that it does not licence or regulate forex and CFD activities. A SVG registration number is therefore a corporate incorporation record only, not a forex broker licence. Forex Club International LLC operates legally as a registered SVG company and is not in breach of SVG or Mexican law, but it does not hold a forex licence itself: the CySEC, FSC Mauritius and FSCA licences belong to other entities of the Forex Club group that operate on different domains.

Mexico itself has no dedicated retail-CFD regulator: CNBV oversees banks and securities markets but does not cover retail CFDs, and CONDUSEF only handles complaints against entities licensed in Mexico. For a Mexican client this means there is no regulator to escalate a dispute to, neither in Mexico nor in SVG. In practice, disputes would be settled through SVG courts or under the jurisdiction specified in the client agreement.

Platforms and instruments

The proprietary Libertex terminal with a simplified interface, MetaTrader 4 and MetaTrader 5 (both Instant and Market execution variants) and a web platform. Instrument categories include cryptocurrencies, stocks, indices, forex, metals, agriculture, oil and gas, ETFs and bonds. A separate Swap-Free instrument list is available. Over 1,000 instruments in total.

Trading conditions

There is no classic spread. The commission is floating, charged as a percentage of trade volume: around 0.012% for EUR/USD. Leverage on the SVG entity is up to 1:999. On selected turbo instruments the position multiplier reaches x3000; exact values are shown in the terminal.

Minimum deposit $50. Swap-free mode is available. Account currency can be opened in USD or MXN.

Payments for clients from Mexico

  • SPEI / Online banking: deposit and withdrawal (withdrawal goes via Local bank transfer, 2-5 days, fee 5 USD + 2.5%)
  • OXXO and other cash points (7-Eleven, Walmart, Bodega Aurrera, BBVA Bancomer, Scotiabank, Banco Azteca, Soriana, Circle K, Sam's Club, Superama, Farmacias del Dr. Ahorro): deposit only
  • Visa, Mastercard: deposit, and withdrawal after deposit (1-5 days, $2 fee)
  • Skrill, Neteller: deposit, and withdrawal after deposit (24 hours, 0% fee)
  • BinancePay: deposit only
  • USDT (3 networks), Bitcoin, USDC, Litecoin, Ethereum, Ripple, Bitcoin Cash, ADA, Dash, Zcash: deposit and withdrawal (Ethereum 2-3 hours, fee 7 USD + 0.1%)
  • Bankwire transfer: deposit and withdrawal (2-5 days, $29 fee)

Withdrawals follow a return-to-source policy: funds are returned via the same method used for the deposit until the deposit amount is recovered; any excess profit can then be withdrawn through a different available method.

Localisation and support

The website and educational materials are translated into Spanish. The trading terminal interface remains in English. There is no published Mexican phone support line; support is contacted via web chat and email.

Copy Trading

Libertex offers a copy trading service available to clients with an MT4 account. Pre-built trading systems are filtered by yield, risk and required deposit. According to Libertex, each strategy is tested on real trading accounts for a minimum of three months before being offered. The rule "one trade account, one trade system" applies: connecting a second system requires opening another MT4 account.

Loyalty programme

Tier progression by accumulated trading volume:

  • Start (from $0): 24/7 support and in-terminal analytical support
  • From $400,000: up to 5% commission discount, $50 bonus limit, multiplier change for open deals
  • From $3,000,000: up to 10% commission discount, $250 bonus limit
  • From $10,000,000: up to 20% commission discount, $1,000 bonus limit, individual trading conditions, VIP manager
  • From $50,000,000: up to 30% commission discount, $5,000 bonus limit, exclusive trading conditions

Public sources

Trustpilot: 3.8 out of 5 across 4,400 reviews (May 2026).

In 2020 the Cyprus entity of Libertex (Indication Investments Ltd, CySEC 164/12) paid CySEC €160,000 under a settlement. Violations: client orders were not executed at the best available prices, weak internal control procedures, and offering EU clients leverage above the regulated cap (the EU retail cap is 1:30). In August 2021 CySEC briefly suspended part of the licence over compliance issues; the suspension was lifted later the same month. This does not directly affect Mexican clients, who are served by another group entity, Forex Club International LLC (SVG).

Pros and cons of Libertex

Pros
  • Mexican peso (MXN) account
  • MT4 and MT5 platforms
  • Proprietary trading terminal
  • Deposit bonuses
  • Copy trading service
Cons
  • Entity without forex licence, corporate registration only

Payment methods

Available deposit and withdrawal methods for clients from MX.

Deposit
BankBinance₿ BTCMCNETELLEROXXOSkrillSPEIUSDTVISA
Withdrawal
Bank₿ BTCMCNETELLERSkrillSPEIUSDTVISA

Regulation & Licenses