Libertex

Regulation

The Forex Club group holds two forex-related licences: FSC Mauritius and FSCA South Africa. The FSCA licence FSP 47381 is held by SAEX (Pty) Ltd, authorised as a Category I intermediary under the FAIS Act. The libertex.org platform used for this account is operated by Forex Club International LLC, registered in Saint Vincent and the Grenadines (registration No. 1277 LLC 2021), with card payment processing handled by Holcomb Finance Limited, registered in Cyprus (HE 183254).

The FSA of Saint Vincent and the Grenadines states on its website that it does not licence or regulate forex and CFD activity, so an SVG registration number is a corporate incorporation record, not a forex broker licence. The contracting entity therefore holds no forex licence of its own, and it is not the FSCA-authorised SAEX entity. Negative balance protection applies, so a client cannot lose more than their deposit.

Platforms and instruments

The Libertex terminal has a simplified interface; MetaTrader 4 and 5 come in both Instant and Market execution variants. Account types include Libertex Portfolio, an investment account with no fees and no swaps that pays dividends monthly and quarterly, plus the MT4 and MT5 accounts. Instrument categories include cryptocurrencies, stocks, indices, forex, metals, agriculture, oil and gas, ETFs and bonds, with a separate Swap-Free list. 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 0.007% for EUR/USD, 0.003% on metals and 0.1% on cryptocurrencies. It is charged once when the position opens and covers the full cycle.

The multiplier depends on the instrument; the turbo (t-prefixed) versions carry the higher caps. Exact values are shown in the terminal, and the trader sets the multiplier when opening a position. Minimum deposit $100. The account is denominated in USD. Swap-free mode is available.

Payments for clients from South Africa

The account is denominated in USD. Binance Pay is deposit-only. Cryptocurrency deposits and withdrawals cover Bitcoin, USDT (ERC-20, TRC-20, BEP-20), Litecoin, Ethereum, USD Coin, TUSD, Ripple, Bitcoin Cash, ADA, Dash and Zcash. Card, Skrill and Neteller withdrawals follow a return-to-source policy: funds are returned via the method used for the deposit until the deposit amount is recovered, and any excess can then be withdrawn through another available method. Processing times and limits are shown in the Personal Area.

Localisation and support

The website, platform interface and educational materials are in English, the primary language of financial services in South Africa. There is no dedicated South African phone line; phone support runs through the international number +44 7700 174755, with 24/7 web chat and email at [email protected].

Copy Trading

Libertex offers a copy trading service, Libertex Social Copy Trading, 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

Five status levels, reached by account balance or trading volume (whichever qualifies first), each raising the commission discount and the bonus limit:

• Silver: entry level, no commission discount, $0 bonus limit
• Gold: from $500 balance or $1,000,000 volume, up to 5% commission discount, $50 bonus limit
• Platinum: from $5,000 balance or $10,000,000 volume, up to 10% commission discount, $500 bonus limit
• Diamond: from $50,000 balance or $100,000,000 volume, up to 20% commission discount, $5,000 bonus limit
• Exclusive: from $500,000 balance, up to 30% commission discount, $10,000 bonus limit

Public sources

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