Ratings

Overall
3/5
Fees
5/5
Deposit and withdrawal
3.5/5
Asset selection
3.5/5
Regulation and security
3.5/5

The Libertex minimum deposit requirement for the CFD account is $10, except for bank wires, which have no minimum.

Libertex Minimum Deposit Overview

Minimum Deposit
Libertex
Axi
InstaForex
Tickmill
Admirals
Commision Free
$10
$0
$1
$100
$100
Commision Based
N/A
$0
$1
$100
$100

How to Make a Deposit with Libertex

The Libertex minimum deposit is $10, but it is insufficient to trade effectively, and traders should consider depositing more than this as a minimum.

Here is how to deposit with Libertex:

  • Log into your Libertex client portal with your username name and password
  • Click your name in the top-right corner.
  • Click “Fund your account.”
  • Choose the preferred payment processor.
  • Follow the on-screen instructions.

Libertex Deposit Fees and Deposit Methods

Libertex levies no internal deposit fees on bank wires. Credit/debit cards face a charge of 2.50% with a $0.50 minimum, Skrill 1.90% with a $0.50 minimum, and Neteller 4.00%.

Libertex deposit methods, internal processing times, and known transaction limitations:

Deposit Method
Processing Time
Deposit Currencies
Minimum Single Deposit
Maximum Single Deposit
Withdrawal Option
Bank wires
Two to five days
USD, EUR
Unlimited
Unlimited
Yes
Credit/debit
Instant
USD
$10
$25,000
Yes
Skrill
Instant
USD
$10
$1,500
Yes
Neteller
Instant
USD
$10
$5,000
Yes
PayPal (EU-only)
Instant
Undisclosed
Undisclosed
Undisclosed
Yes
Sofort (EU-only)
Instant
Undisclosed
Undisclosed
Undisclosed
Text
iDeal (EU-only)
Instant
Undisclosed
Undisclosed
Undisclosed
No
Trustly (EU-only)
Instant
Undisclosed
Undisclosed
Undisclosed
No
GiroPay (EU-only)
Instant
Undisclosed
Undisclosed
Undisclosed
No
Paysafecard (EU-only)
Instant
Undisclosed
Undisclosed
Undisclosed
No
Multibanco (EU-only)
Instant
Undisclosed
Undisclosed
Undisclosed
No
P24 (EU-only)
Instant
Undisclosed
Undisclosed
Undisclosed
No
BLIK (EU-only)
Instant
Undisclosed
Undisclosed
Undisclosed
No
EPS (EU-only)
Instant
Undisclosed
Undisclosed
Undisclosed
No

Noteworthy:

  • The Libertex deposit screen lists all payment methods, as geographic restrictions apply.

Libertex deposit methods vs. similar brokers

Deposit Methods
Libertex
Axi
InstaForex
Tickmill
Admirals
Bank wires
Yes
Yes
Yes
Yes
Yes
Credit/debit card
Yes
Yes
Yes
Yes
Yes
Skrill
Yes
Yes
Yes
Yes
Yes
WebMoney
No
No
Yes
Yes
No
China UnionPay
Yes
Yes
No
Yes
No
Perfect Money
No
No
Yes
No
No
Other e-wallets
Yes
Yes
Yes
Yes
Yes
Localized Methods
Yes
Yes
Yes
No
No
Crypto - currencies
No
Yes
Yes
No
No

Libertex Deposit Currencies

Traders should differentiate between account base and deposit currencies to avoid confusion and potential currency conversion fees. The former is the base currency of a trading account, and the latter are currencies available for deposits through payment processors. Libertex fails to disclose potential internal currency conversion fees.

Libertex supports the following account base currencies:

  • US Dollar
  • Euro (EU-only)

Libertex supports the following deposit currencies:

  • US Dollar (international-only)
  • Euro
  • British Pound (EU-only)
  • Swiss Franc (EU-only)
  • Polish Zloty (EU-only)

Libertex trading account currencies vs. similar brokers:

Account Currencies
Libertex
Axi
InstaForex
Tickmill
Admirals
US Dollar
Yes
Yes
Yes
Yes
Yes
Euro
Yes
Yes
Yes
Yes
Yes
British Pound
Yes
Yes
No
Yes
Yes
Swiss Franc
Yes
Yes
No
No
Yes
Australian Dollar
No
Yes
No
No
No
Others
Yes
Yes
Yes
No
Yes
Total
5
10
3
3
10

Steps for Sending the Libertex Minimum Deposit

The secure Libertex client portal handles the Libertex minimum deposit, which functions similarly to online banking. Only verified accounts can make the Libertex minimum deposit, and the name on the payment processor must match that of the Libertex account.

Here is a step-by-step guide to sending your Libertex minimum deposit:

  1. Log into the Libertex client portal, click your name “Deposit,” and then “Fund your account.”
  2. Choose your desired payment processor and follow the on-screen instructions.
  3. Libertex notifies clients once it credits the deposit amount to the trading account.

Libertex Minimum Deposit - Pros & Cons

Traders should evaluate the pros and cons of the Libertex minimum deposit.

The pros of the Libertex minimum deposits are:

  • No internal deposit fees.
  • Instant processing times
  • Segregation of client deposits
  • Founded in 1997

The cons of the Libertex minimum deposits are:

  • Lack of transparent deposit process
  • No information on currency conversion fees
  • Limited deposit currencies
  • Deposit fees (except bank wires)

Libertex Minimum Deposit Bottom Line

The Libertex minimum deposit is $10, and international traders have four payment processors, while the EU-based subsidiary features fourteen. Deposit fees apply on transactions with the international subsidiary, except for bank wires, which remain free. The EU-based unit fails to disclose costs.

Only verified traders can make the Libertex minimum deposit, and the name on the payment processor must match that of the Libertex account.

For additional up-to-date information on Libertex, read our full broker review.

Broker Comparison

FAQs

Is Libertex legal?

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Libertex is legal and regulated.

Are there fees for withdrawals from Libertex?

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Libertex withdrawal fees are payment processor dependent.

What are the Libertex deposit methods?

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Libertex offers bank wires, credit/debit cards, and e-wallets.

What is the minimum deposit for trading with Libertex?

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The Libertex minimum deposit is $10.

Does Libertex offer a no-deposit bonus?

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Libertex does not offer a no-deposit bonus.

DailyForex.com Team
About DailyForex.com Team
The DailyForex.com team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading.