HFM information and reviews
HFM
96%
Octa information and reviews
Octa
94%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
Vantage information and reviews
Vantage
85%

Tired of trading commissions? You've come to the right place


31 January 2022

Last December, Libertex announced that it was completely slashing commission, swap and exchange fees to zero on all crypto CFDs available on its platform as part of a special holiday promotion. But it was simply too good to let go since undoubtedly these are possibly the best trading conditions currently available on the market. The response from clients was so overwhelmingly positive that Libertex has decided to continue these trading conditions indefinitely.

The cryptocurrency sector is one of the most exciting areas of trading today, and Libertex is making it infinitely more exciting by eliminating some of the annoying fees that other brokers still charge. Essentially, this means that, with the Libertex platform, if you have €100 in your account, you can use your entire balance to trade crypto CFDs without wasting a big part of it on fees. That’s it! No catch, no fine print! With three different kinds of fees slashed to zero, Libertex lets traders save money that other brokers would normally charge as fees.

Libertex is possibly the only online broker to eliminate these three fees. Going forward, it plans to continue offering 0% swap, commission and exchange fees on all cryptocurrency CFD trades. These include Bitcoin, Ethereum, Litecoin, Stellar, Solana and any other cryptocurrencies on the Libertex platform. These special conditions are available for both new and existing Libertex retail clients (except UK retail clients, where cryptocurrency CFDs are not available).

How much money is a typical trader losing to broker fees?

In trading, while one can make or lose money on any individual trade, most brokers charge for their administrative services in several ways. The commission is charged for activity on a platform, such as deposits and trades. It is taken directly from the equity of the trading account, usually as a percentage, and deducted before any transaction happens, whether the trade is successful or not. Swap fees are interest charged on holding a trading position overnight. Exchange fees are charged for currency and asset exchanges.

So, what does it actually cost someone to trade crypto CFDs on Libertex?

The only thing a trader would pay on a crypto CFD trade with Libertex is the spread (the difference between the Ask and Bid prices). In other words, traders can expect to save a substantial amount of money with Libertex when making multiple trades, overnight trades, high-volume trades and more.

Fewer fees, more freedom in trading crypto CFDs

It is only natural for traders to do their best to minimize or avoid fees, but in the fast-moving crypto market, this can restrict their flexibility in responding to trends or cause unnecessary stress. Feedback from crypto CFD traders on Libertex indicated that they need cryptocurrency trading to be faster, more flexible and more friction-free than classic forex trading. By eliminating three different kinds of fees, Libertex continues its mission to make trading accessible for everyone and provide its clients with high-quality assets such as crypto CFDs and more. 

Trade for More with Libertex

With over 24 years of financial market experience and more than 40 international awards, including most recently Best Trading Platform (Forex Report, 2021) and Most Trusted Broker of Europe (Ultimate Fintech, 2021), Libertex has been one of the leading platforms combining classic market expertise with cutting-edge technology, designing user-friendly software that makes the market accessible from any device, anywhere, anytime. Used by everyone from professional traders to complete beginners (who can start with a practice demo account), Libertex features a full range of tools and information in order for its clients to get the most out of the platform.

It only takes a few seconds to register with Libertex and enjoy the potential advantage of these unique crypto CFD trading conditions as well as a full range of stocks, commodities, and forex CFDs. Say goodbye to crypto CFD commissions for good and sign up to trade with Libertex!

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Cryptocurrency instruments are not available to retail clients in the UK.
#source

Share: Tweet this or Share on Facebook


Related

FP Markets Named Best In Class for Commissions & Fees, Algo Trading and MetaTrader
FP Markets Named Best In Class for Commissions & Fees, Algo Trading and MetaTrader

Celebrating nearly two decades in the Forex and CFDs industry, FP Markets continues to excel in meeting the needs of traders and investors, earning it repeated industry acknowledgement in numerous key areas.

27 Mar 2024

RoboForex revolutionises financial trading with its Infinity partner program
RoboForex revolutionises financial trading with its Infinity partner program

In an increasingly competitive financial market, innovation becomes the engine of success. Recognising this need, RoboForex takes a bold step into the future with the launch of its Infinity Program.

6 Mar 2024

FP Markets Partners with Industry-Leading Platform Provider TradingView
FP Markets Partners with Industry-Leading Platform Provider TradingView

FP Markets’ customers around the world can now gain access to TradingView's advanced charts and analysis, powerful trading tools and interact with the world's largest social network of traders...

22 Jan 2024

FxPro Unveils a Lucrative Global Affiliate Program
FxPro Unveils a Lucrative Global Affiliate Program

FxPro, a leading online broker, is thrilled to introduce its new and highly anticipated global Affiliate Program, promising partners an enticing opportunity to earn substantial commissions...

22 Jan 2024

Introducing the ModMount VIP Account: Elevate Your Trading Game
Introducing the ModMount VIP Account: Elevate Your Trading Game

In the world of trading, success often depends on having the right tools and conditions to navigate the markets effectively. With the ModMount VIP Account, traders...

19 Jan 2024

Unlock the World of Copy Trading with BlackBull CopyTrader
Unlock the World of Copy Trading with BlackBull CopyTrader

Copy trading, a revolutionary way to engage in the financial markets, has reached new heights with BlackBull CopyTrader, an award-winning platform designed to seamlessly...

19 Jan 2024


Editors' Picks

The Top Forex Expert Advisors 2024: Performance, Strategy, and Reliability Review

An annual roundup reviewing the most successful Forex Expert Advisors (EAs) based on their performance, strategies employed, reliability, and user feedback. This piece would provide insights into which EAs have been market leaders and why.

The Evolution of Forex Expert Advisors: Navigating the Path of Technological Revolution

The concept of automated trading has been around for decades, but the accessibility and sophistication of Forex EAs have seen significant advancements in the past few years. Initially, automated trading systems were rudimentary, focusing on simple indicators like moving averages.

The Impact of EAs on Forex Trading: A Double-Edged Sword

By enabling continuous, algorithm-based trading, EAs contribute to the efficiency of the Forex market. They can instantly react to market movements and news events, providing liquidity and stabilizing currency prices through their high-volume trading activities.

MultiBank Group information and reviews
MultiBank Group
84%
XM information and reviews
XM
82%
FP Markets information and reviews
FP Markets
81%
FXTM information and reviews
FXTM
80%
AMarkets information and reviews
AMarkets
79%
BlackBull information and reviews
BlackBull
78%

© 2006-2024 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.