Libertex – Is it scam or safe?

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Libertex is the trading platform of the financial company Indication Investments Ltd. The firm is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). The CySEC license allows it to conduct financial services, including forex.

However, there are some publications in forex forums that inform about deliberately misleading of clients and problems with withdrawing. There are two versions of the site – ending of .com and ending of .org and you should be careful which one you deal with. The version ending of .org leads to the proved scamming company TheForexClub.

In addition, the financial regulator of Cyprus (CySEC) announced in May 2020 that the the brokerage group Indication Investment Ltd, which is the parent company of the Libertex brand, has settled a EUR160,000 fine for a number of violations. Libertex does not appear to have executed client orders on the most client-favorable terms and has offered more than the maximum leverage of 30:1 allowed to retail clients.

So far, we haven’t received any complaints from clients of Libertex.

If you feel frustrated by Libertex and have something to share with us, please fill in the form below, describing your case:

1 COMPLAINT

  1. They are heartless scammers, they ruined my life, by making me develop interest to invest my hard earn money. I deposited 45.7850eur in June 2018,which was R8,700.263 in Rands, the was an impressive improvement in few days, 2 months later I had a car accident and needed money to pay my insurance access, Suddenly I was been send from Pilar to post, they cut the live chats and got harassed from 1 to the other, until they told me I will forever be poor its their JOB to help me with withdrawal. I just want my money back! God so kind i was able to reach out to recovery guru on every binary, forex and Bitcoin trade, i was able to recover my funds with the help Mr Rodriguez Jones his an expert on binary, forex recovery, I feel obligated to recommend him and his team, there recovery strategies, and for working relentlessly to help recover my funds. feel free to reach out to him via his email address: [email protected] .com and will guide you on how to recover your invested capital, i advise everyone to be careful with this heartless motherfuckers stealing people’s money.

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