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Libertex review

Libertex is one of the most popular online brokers available in the market right now. The company was founded back in 1997 and has over 2.2 million customers from 120 countries worldwide.  Libertex allows users to trade in 244+ assets in multiple markets. This includes Forex, Commodities, cryptocurrencies, stocks, shares, metals, ETFs, CFDs, and so…

Libertex is one of the most popular online brokers available in the market right now. The company was founded back in 1997 and has over 2.2 million customers from 120 countries worldwide. 

Libertex allows users to trade in 244+ assets in multiple markets. This includes Forex, Commodities, cryptocurrencies, stocks, shares, metals, ETFs, CFDs, and so on.. The broker executes orders based on the market marker model, and it does not offer any ECN/STP connection. Also, it is a part of the Forex Club Group.

Moreover, Libertex also has bagged 30 international awards, including best trading application in the European Union by Global Banking and Finance Review as well as the award for Best Trading Platform by FinEXPO.

What does Libertex offer?

Libertex is a unique platform that allows you to trade with stocks, indices, currency pairs, metals and energy resource without any concealed commissions.

Moreover, the platform also allows you to trade in cryptocurrencies, which are widely popular as an investment. The platform can be used to trade in popular cryptocurrencies like Bitcoin, Ethereum, Ripple, Monero, Dash, and so on.

Along with that, users get access to online learning materials. As a result, it becomes easy for any beginner to get started with the website. The best part of Libertex is that it offers you great customer support too.

Libertex 1

(Image credit: Future)

Getting started

You can sign up using your Facebook details or email account to register for an account. However, as part of anti-money laundering regulations, you will then need to upload relevant documents to prove your ID., and it may take three days for the application to be processed.

After that, you can either begin trading, or open a demo account with a virtual €50,000 to learn to trade with. The demo account aims to get users used to the platform and trading.

Once an account is funded for real trading, there are over 244+ types of assets available to invest in across multiple platforms. The highlight here is that all of the details are shown on the dashboard itself. So the user can get all the relevant info with just a few clicks. 

Libertex 3

(Image credit: Future)

Trading platforms

Libertex offers two different platforms to trade on, these are the standard Metatrader 4, and it is a desktop client. Also, there is the Libertex app each for Android and iOS platform along with a separate one for tablets.

Advantages of MetaTrader 4:

  • You will get more than 43 currency pairs and 100 effective trading tools. 
  • You will get no dealing desk. This means client orders are executed without the dealer’s intervention.
  • It gives you access to trading robots

Advantages of Libertex:

  • You can trade in metals like gold, silver, copper, platinum.
  • It allows you to trade in popular cryptocurrencies like Bitcoin and ethereum.
  • You can trade in oil and gas

Key features

Some of the key features of Libertex platform include:

Authorized and Regulated Broker: An authorized and regulated broker is important for any trading platform. Also, the platform covers the segregation of client funds, security standards for the broker’s platforms and tools, and privacy for user financial and personal information.

Generous Leverage for all instruments: All Libertex traders get access to leverage for each instrument available on the platform. It does not matter if the trader is a professional or an account holder. Even the basic retail account holders can trade forex with leverage of up to 1:30. Also, professional traders can access leverage up to 1:600.

Commission Discount for New Members: Libertex has a commission only trading platform. This means, it only applies a small, competitive commission to each trade. Also, the new members are eligible for the broker’s generous 50% discount on these commissions.

Simple, Convenient Platform: Libertex also offers a simple yet convenient platform for traders. It has its own web platform, a customer portal that is organized in a simple way. Also, it contains all the necessary order types and indicators that you may ever need. 

Zero Spreads: As Libertex has a commission only trading model. This means that the price traders see is what they get. There are no extra charges between the bid and ask price. As a result, it becomes easier for the trader to determine the exact levels of entry and exit

Libertex 4

(Image credit: Future)

Final verdict

Overall, the platform gives you a lot of features, and it is regulated by CySEC, which is one of the most trusted regulatory agencies.

It allows you to start with a demo account, so you can gain experience. And then only you can have a real account for trading. Also, it gives you access to learning platforms, and it is pretty easy to get started with.

Also, the good part is that you can deposit as low as 100 euros. So there is no need for you to invest huge money of amount. Instead, you can start low and steady.

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Broker news

Donald Trump blasts ‘fools’ who oppose good Russian ties

US President-elect Donald Trump has posted a progression of tweets censuring the individuals who contradict great relations with Russia as “‘dumb’ individuals, or nitwits”.

Mr Trump promised to work with Russia “to comprehend a portion of the numerous… squeezing issues and issues of the WORLD!”

His remarks came after an insight report said Russia’s leader had attempted to help a Trump race triumph.

Mr Trump said Democrats were to be faulted for “gross carelessness” in permitting their servers to be hacked.

In a progression of tweets on Saturday, Mr Trump said that having a decent association with Russia was “no terrible thing” and that “lone “idiotic” individuals, or simpletons, would believe that it is awful!”

He included that Russia would regard the US increasingly when he was president

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Broker news

Bulls and Bears Took on More Currency Exposure in Week Through January

he most striking improvement among theoretical situating toward the finish of a year ago and the primary session of 2017 is not that modification were little. There was just a single gross theoretical position modification of more than 10k contracts. With sterling apparently not able to maintain even humble upticks, the bears added 13.1k contracts to the gross short position, lifting it to 120.2k contracts.

Or maybe, it is eminent that examiners for the most part added to positions, long and short, as opposed to close positions at the very end of the year. Examiners added to net long outside cash prospects positions, aside from in the Japanese yen and Swiss franc where 2.6k and 2.5k contracts were exchanged separately. Examiners likewise added to gross short positions. Here there was just a single exemption, the Japanese yen. Despite the fact that the dollar shut comprehensively higher in front of the end of the week, every one of the monetary forms we track here, spare the Mexican peso, picked up against the dollar in the three sessions since the finish of the CFTC reporting period.

Every once in a while it is helpful to review why many market members take a gander at the theoretical situating in the cash fates advertise. It is not that the outside trade is essentially a prospects showcase. It is principally an over-the-counter market in which every day turnover midpoints in abundance of $5 trillion a day.

Trade exchanged monetary forms and alternatives represented around 3% of the normal day by day turnover as indicated by the BIS study. Be that as it may, past reviews have discovered some contemporaneous connection between’s market heading and net position changes. We think it additionally offers knowledge into a specific market section of pattern supporters and energy brokers. It is not by any means the only device, yet one of a few data sources.

One ramifications of this is albeit theoretical positions in the money fates market are moderately extensive, it is still little contrasted and the money showcase. Along these lines, it is difficult to see the genuine essentialness of a record vast position, as though there is some market top. At some point, examiners are not driving the costs, possibly there is another fragment, national banks, enterprises, as well as genuine cash that is more essential at any given minute.

We invest some energy taking a gander at gross positions instead of just net theoretical positions, which is the more customary approach. We think a more granular look is frequently fundamental. There is a distinction between short-covering, for instance, and new purchasing, however it appears to be identical in the net. Additionally, the gross position is the place the introduction is not the net position. A net position of zero does not mean the market is nonpartisan. Net positions could be huge, which implies a short press or a negative stun could in any case troublesome. The positions that must be balanced are captured in the gross measure not the net figure.

We find numerous customers are likewise keen on theoretical situating in the US Treasuries and oil. The net and gross short theoretical Treasury position has swelled to new records. The bears added 23.8k contracts to the as of now record net short position, lifting it to 616.2k contracts. The bulls attempted to pick a base and added about 20k contracts to the gross long position, which now remains at 471.2k contracts. These modification prompted to a 3.8k contract increment in the net short position to 344.9k contracts.

The bulls delayed in the oil prospects toward the finish of 2016. They exchanged short of what one thousand contracts, leaving 608.1k gross in length contracts. The bears added 4.1k contracts to the gross short position, giving them 168k. These conformities trimmed the net long position by very nearly 5k contracts to 440.1k.

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Broker news

3 ways to profit in the ‘year of the dollar’

In December, the Federal Reserve raised loan fees for the second time since the Great Recession and included the desire of a 2017 financing cost climb to its gauge. Furthermore, only a couple days prior, the abundantly anticipated minutes from the most recent Fed meeting demonstrated the most hawkish tone from the national bank in two years.

In the meantime, Europe has been dove into political turmoil after a year ago’s Brexit vote and the later abdication of Italy’s leader. Somewhere else, the Bank of Japan proceeds down the way of negative rates and forceful security purchasing.

Put it all together, and it isn’t astounding that the U.S. Dollar Index is up against 14-year highs.

Speculators may have missed so much discussion on account of babble about the Dow Jones Industrial Average at the end of the day almost hitting 20,000. Be that as it may, paying little respect to your assignment to stocks or your venture skyline, this sort of huge picture incline in the dollar implies right now is an ideal opportunity to position your portfolio to benefit and, maybe most critical, to keep away from a portion of the pitfalls that can originate from a solid local cash.

Here are a couple ideas dollar exchanges ought to consider:

Residential plays over multinationals

There’s a considerable measure of seek after shopper stocks in 2017 on account of an enhancing work market and any desires for a jolt under a GOP-controlled Congress and President Donald Trump. In any case, remember that not all retailers are made equivalent especially those with abroad operations that are adversely affected by the wide dissimilarity in monetary standards at this moment.

For example, retailer Wal-Mart Stores Inc.(WMT) said troublesome money trade rates shaved very nearly 2.5% off profit for each partake in the second quarter of 2016. On the other hand consider that in the monetary final quarter of 2016, athletic attire goliath Nike Inc.(NKE) saw its income development cut down the middle because of forex weights, from 12% year-over-year in consistent cash measures to only 6% including real money changes.

To take advantage of the “reflation” exchange that numerous financial specialists are counts on in 2017, you need to represent the headwinds that a solid dollar are making for multinationals at this moment. The most ideal approach to do that is to consider customer plays that do by far most of their business here in the U.S. – for example, Foot Locker Inc.(FL), which has been an uncommon splendid spot in retail throughout the most recent couple of years.

Supported money ETFs

Obviously, in the event that you need a steady portfolio, you can’t just purchase just local centered values. Geographic expansion is similarly as imperative as enhancement crosswise over parts and resource classes. Such a large number of financial specialists keep on holding worldwide plays in light of a legitimate concern for a balanced portfolio, regardless of the possibility that it implies battling a daunting struggle as a result of a solid dollar.

The uplifting news, notwithstanding, is that you don’t need to leave yourself to torment through a solid dollar and a powerless euro when you put resources into Europe. Nor do you need to stress over the yen-dollar conversion standard when you put resources into Japan. That is on account of there’s an entire group of cash supported ETFs to permit financial specialists to put their cash in outside business sectors yet keep away from forex issues.

Consider that Japan’s Nikkei 225 file is up around 25% from its July 2016 lows. The WisdomTree Japan Hedged Equity Fund(DXJ) is up 35% in a similar period on account of assurance from forex issues and a somewhat better-performing rundown of stocks – while the non-supported iShares MSCI Japan ETF(EWJ) is up only 10% in a similar period because of battling a difficult task against a solid dollar.

In the event that you need to differentiate your portfolio comprehensively, you ought to consider supported assets that incorporate the Japan-centered DXJ, the WisdomTree Europe Hedged Equity Fund(HEDJ) to play Europe or the iShares money Hedged MSCI EAFE ETF (HEFA) for developing markets.

Dollar list ETF

In the event that you are searching for an immediate play on a rising dollar as opposed to putting resources into stocks, figuring out how to exchange remote trade can appear like an overwhelming undertaking. Gratefully, there’s the PowerShares DB US Dollar Index Bullish Fund(UUP).

This ETF is attached to the U.S. Dollar Index, which is a measure of the greenback against a wicker container of other worldwide monetary standards including the yen and the euro. It’s a straight money play, however that doesn’t make it straightforward or hazard free. In the event that the dollar debilitates, you’ll lose cash similarly as though you’re putting resources into a stock that has fallen on difficult circumstances. Furthermore, obviously, PowerShares takes a little cut of your speculations en route that indicates 0.8% yearly, or $80 a year on each $10,000 contributed.

Still, in the event that you need to conjecture on the dollar or support against a solid U.S. cash keeping down other worldwide ventures on your rundown, it’s maybe the least demanding approach to do as such for generally financial specialists.

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