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 | |
|---|---|---|---|---|---|
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 |
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)
Libertex trading account currencies vs. similar brokers:
Account Currencies | Libertex | Axi | InstaForex | Tickmill | Admirals |
|---|---|---|---|---|---|
US Dollar | Yes | Yes | Yes | Yes | Yes |
Euro | No | Yes | Yes | Yes | Yes |
British Pound | No | Yes | No | Yes | Yes |
Swiss Franc | No | Yes | No | No | Yes |
Australian Dollar | No | Yes | No | No | No |
Others | No | Yes | Yes | No | Yes |
Total | 1 | 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:
- Log into the Libertex client portal, click your name “Deposit,” and then “Fund your account.”
- Choose your desired payment processor and follow the on-screen instructions.
- 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
- Only US Dollar deposits
- Deposit fees (except bank wires)
Libertex Minimum Deposit Bottom Line
The Libertex minimum deposit is $10, and international traders have four payment processors. Deposit fees apply on transactions except for bank wires, which remain free.
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.
FAQs
Is Libertex legal?
Libertex is legal and regulated.
Are there fees for withdrawals from Libertex?
Libertex withdrawal fees are payment processor dependent.
What are the Libertex deposit methods?
Libertex offers bank wires, credit/debit cards, and e-wallets.
What is the minimum deposit for trading with Libertex?
The Libertex minimum deposit is $10.
Does Libertex offer a no-deposit bonus?
Libertex does not offer a no-deposit bonus.
