Libertex Review 2021

August 20, 2020

Libertex Vs IQ Option

Modern trading is possible on hundreds of various platforms. Some of them are easy and convenient to use, others are not. In this article, we will review two brokers that have gained popularity among many market participants. We will describe the main features of Libertex and IQ Option to facilitate the traders' choice.


The Libertex Forex Club broker was founded in 1997. Since 2016, it has been a member of the International Finance Commission. Currently, it has more than 100 offices around the world. The broker is an active participant of various public programs. Libertex has attracted more than 2 million customers worldwide. The platform employs over 700 employees, which allowed it to win 30 international awards and be represented in 40 countries around the globe. Libertex offers trading on the following assets: 43 currency pairs and 150+ CFDs (stocks, indices, metals, oil and gas), Gold and Silver, Bitcoin, Litecoin.

IQ Option has entered the market in 2013. It is one of the most famous and popular platforms, helping beginners to join the world of trading, as well as offering an innovative trading platform. It has already attracted 39 million users. The list of tools that the company's clients can use in the trading process include assets such as 53 currency pairs, 22 cryptocurrencies, 5 commodities, 25 ETFs, 186 shares, 53 options. IQ Option provides two types of options for trading - digital and binary options. IQ Option has clients from 151 countries. The platform is currently available in 13 languages, allowing investors from all over the world to trade in their preferred language.


Registration at Libertex Forex Club takes 5 minutes. For this, a user has to fill in a simple questionnaire. It is advisable to indicate real data so that there are no problems with identification at a later stage. Before submitting the first withdrawal request, it is necessary to go through the account verification procedure. Detailed instructions with a list of documents are usually sent by email.

The fastest access to IQ Option is through social networks. You just need to confirm the email specified in the social network profile and enjoy all the benefits of a personal account on the platform. If you want to create an account on the site, you can use a special form available on the main page. It is recommended to enter real data to avoid problems with account verification. After successful registration, you can log in to your IQ Option account. During the first authorization, you enter your username, password, then log in automatically. All necessary settings are made in your personal account.

Deposits and Withdrawals

Forex club Libertex offers the following methods of depositing funds:

  • transfer from a bank account via online banking;

To withdraw funds, clients are offered the following options:

  • QIWI payment system;
  • electronic payment system Yandex.Money and Webmoney;
  • transfer to a bank card;
  • transfer to Skrill and other electronic wallets
  • replenishing your mobile phone balance.

Libertex app review says that most of the withdrawal methods involve charging a commission, so before transferring you should read the terms of the transfer. In terms of time, the slowest option for withdrawing money is a bank transfer (2-5 banking days), and the most expensive variant u bank cards (a commission of 2.5% of the amount is charged).

The payment system at IQ Option is organized at a high-security level, where all transactions are carried out through protected communication channels. The choice of transfer methods was also focused on proven and reliable financial payment systems. Traders can make payments through bank transfers and cards, as well as popular internet wallets. Regardless of the chosen option, the broker will process your request within three working days. Bank cards and payment service providers may take an additional day for a transaction.

Mobile Version

The Libertex broker offers applications for the iOS and Android operating systems. These programs have a similar design, adapted to the relevant screen resolutions on tablets and smartphones. The registration process in the Libertex app is very simple and fast. By downloading the application to a mobile device, the user can go through authorization (if he is already registered in the system) or quick registration on the platform. At this point, you can choose the type of account (demo account, real account), replenish it with money and start working with the real market.

IQ Option has developed an app for mobile devices that allows you to continue trading even if you are away from your desk. The functionality of the mobile trading platform is almost the same as the full-screen version. The only difference is a slightly amended interface. The app is available for iOS and Android. You can download it from the official App Store and Google Play stores for free.

Demo Account

Every user can activate only one demo account on the Libertex trading platform, but there are no limits for other account types. The testing version is limitless, and it is permissible to enhance trading strategies at any time. There is $ 50,000 available on the virtual account. It is easy to open a demo account at Forex Club. Indicate e-mail, name and surname, country and city, phone number and confirm that you are 18 years old.

Clients of IQ Option can also test a platform before investing funds using an educational or demo account. This account is created automatically after the registration on the website. You will receive a virtual deposit of $ 10000, and this amount can be refilled as many times as you wish. You can use a demo account to trade options. But you will not be able to try the Forex, crypto or Digital options. Traders also receive access to an introductory webinar.

Types of Accounts

Forex Club Libertex has two main account types – demo and standard. But it offers several packages to its clients depending on trading experience and account turnover. There are 5 levels of accounts and their corresponding services, from Silver to Exclusive. The higher is the level, the more additional services you get. These include individual trading conditions, direct communication with the chief analyst, personal account manager, and the best terms of payment. The most popular account type is Platinum, which allows the traders to access all the services provided, such as training and consulting tools. The Platinum account is available for traders who have deposited $ 5000 or more.

It is very easy to create an account in just a few steps:

  • create a personal account;
  • log in;
  • go to the Profile section;
  • fill in personal information;
  • choose a trading platform;
  • specify the type of account (demo or trading).

Any existing demo account can be converted to live account status if you deposit the minimum required amount.

IQ Option offers real account and VIP account to its users:

  • The real account requires a deposit from $ 10. Traders get full access to the system's capabilities: more than 40 assets for trading, a refund of up to 45% of the amount in case of a wrong forecast, weekly webinars, sending signals for deposits from $ 100, up to 80% of deposit bonuses, participation in tournaments. Withdrawal requests are processed within 3 days.

  • VIP account can be activated with a deposit from 1000 $. Besides all the features of a real account, traders receive bonuses up to 100%, up to 60% refund in case of incorrect predictions, free signals, a personal manager. Withdrawal requests are processed within 1 day.


Libertex online trading APK has introduced a bonus system for its members:

  • 100% welcome gift for the initial deposit of funds from $ 100. The maximum bonus is $ 10,000.
  • bonus for bringing a friend. You get $ 1 daily for each mini-lot deal, a maximum of 10% of the amount of a friend's replenishment of the deposit per week.

The situation is a bit different with IQ Option. In December 2016 IQ Option cancelled all bonuses due to the changed rules of the regulator, but the number of shares remained the same. The company regularly organizes special tournaments. Thus, traders can significantly increase the size of their deposit.


All users of the Libertex mt5 are offered a course of special video lessons. They are available not only to clients registered in the system but also to anyone who is simply interested in trading. These lessons teach a novice the key notions:

  • how to choose a trading instrument;
  • what does it mean to trade "up" or "down";
  • how the multiplier works;
  • what constitutes the trader's profit.

According to Libertex review, there are 31 educational videos freely available on the platform. With the help of these materials, clients will be able not only to get acquainted with the nuances of working in Libertex but also to learn the main rules for Forex trading.

The IQ Option website offers interactive tutorials and weekly online seminars. It proves the company is interested in increasing the level of financial literacy and trading skills of its clients. On the official site, you will find a mini-course telling how to use the trading platform. The course consists of 12 pop-up tips that show the rules and main elements of the broker's trading platform. Besides interactive materials, the FAQ section provides a set of answers to main questions about cooperation with a broker.

Customer Support

Both Libertex and IQ Option have a professional expert support team. Every user will get detailed information in case of any issues concerning trading on this platform. If any trader or anyone needs support, they can easily get in touch via live chat, phone call, or email. Both platforms are also available for contact through various social media platforms.

Libertex advantages

Convenience (Liberty trading is carried out in one window, where the trader has at hand all working instruments and assets, as well as market analysis and news);

  • A simplified trading process (a trader does not have to understand the terminology to start making deals);
  • Simple and fast registration procedure.
  • A large selection of assets for trading, including the most modern (CFD, Forex trading, cryptocurrency, etc.).
  • High level of user data security.
  • Access to a wide range of modern financial instruments.
  • The ability to conduct an advanced technical analysis of the market.
  • Free demo account.
  • No hidden fees.
  • Simple and straightforward tracking of open positions.
  • Clear and informative content.
  • Quick access to your account from any device (computer, mobile phone).

Disadvantages of Libertex Forex Club:

  • high commissions for deposits and withdrawals;
  • useless loyalty program (high status does not provide significant privileges);
  • you cannot use robots and advisors;
  • it is difficult to create your own trading solutions without the support of built-in programming languages.

The main advantages of IQ Option:

  • simple and convenient trading platform;
  • the minimum deposit is only $ 10;
  • the minimum investment is only $ 1;
  • refundable training demo account up to $ 1000, which is excellent for beginners;
  • high profitability of options, a trader can get up to 92% profit when trading on ordinary options;
  • a wide selection of training materials on the site;
  • refund up to 45% of the amount in case of a wrong forecast;
  • convenient ways to deposit and withdraw funds.

Disadvantages of IQ Option:

  • not all instruments are available around the clock;
  • limited expiration time;
  • a bit unclear system for income calculation.

Closing Thoughts

Summing up the above, we can surely state that the number of positive characteristics of both brokers considerably exceeds all the negative moments. Both brokers offer attractive trading conditions and are considered the best platforms on the market today. It is advisable to new traders to start their acquaintance with the platforms by launching a demo account. And then, based on your preferences, you can continue trading on the active account. It is essential to thoroughly study all educational materials available on the sites to increase your chances for success. Though, everybody should remember that trading involves a high risk of losing capital, so be careful as profitability is not guaranteed.

Merrill Edge is a big trading platform and is available for any occasional trader, plus it is pretty good for the beginners.

TD Ameritrade is one the best platform available for the beginners and professionals alike for the trades of stock.

Zebu Trade is a full-service online broker that was founded in 1982 and since then has grown into one of the most successful online brokers, one that you will be happy to trade with.