Libramarkets review: Should you trust it or should you avoid it?
Libramarkets is a website that offers investment and trade facilitation services spanning an array of assets. The broker employs some impressive technology to create a multifunctional trading platform. Throughout our Libramarkets erfahrungen, we saw that the website offers risk management tools, personalized watch lists, powerful charts and other tools for analyzing your trades and many more functions also. This is done in order to make your work as a trader easier. But is Libramarkets legit? What are their trading practices? What’s their newly emerging reputation with the community?
What exactly does Libramarkets offer?
The broker describes itself as deeply committed to providing excellent trading experience for its clients. Among the trading assets listed on its site are commodities, Forex trading tools, shares and indices. Presumably, this is to allow the customer more freedom and choices in building their portfolio and also subsequently diversifying it.
The Libramarkets platform review
Here’s our Libramarkets opinion based on the first impression. First of all, the platform has a nice design. It’s intuitive, sleek, has a nice colour palette and is easy to navigate. It contains an impressive array of financial instruments and tools to help in your research and analysis. This is extremely important for both professional and beginner traders alike. Even though it’s important too, as an investor, you don’t just want a broker that allows you to perform trades in a secure, easy to use environment. You also need the necessary tools to carefully examine each trade before you open your position. Libramarkets allows you to do both.
Can Libramarkets be trusted?
Traders invest their money into assets they deem profitable. Therefore, when risking your finances, the most important part is knowing that you can trust your provider to keep them safe. Libramarkets website deploys cutting-edge security protocols in order to protect the funds and the information their clients entrust them with. Above all, a trader must be able to rely on a broker in that regard. From the Libramarkets reviews that people have submitted and from our personal impressions of the website, the funds and data you give to them appear to be well protected from third-party interference.
The website also offers a high degree of transparency in your activities, as well as risk protection and risk management mechanisms to securely guide you through your trading processes. You feel protected when engaging in financial transactions with the company.
Education and investment advice
The overall positive status of Libramarkets opinions is based on the fact that the company employs some of the best experts in the industry. The customers of the broker have access to layered professional analysis, both technical and fundamental from these people. The broker also offers customers a detailed analysis of the movements and the state of the market. What’s happening at the moment and furthermore, what’s to be expected in the future.
The experts also provide educational webinars to the clients. This is done in order to help you gain solid footing as an independent investor. Libramarkets isn’t aimed at constantly guiding your hand with your money in it. They want to help you gain a fundamental understanding of the market you operate in. This is done in order to benefit both the broker and its clients. An educated investor is better suited to take full advantage of the multitudes of services and tools Libramarkets is offering. Therefore, providing this education gains the company loyal users who will be able to make the most of their trading potential. They’re also the ones who spread the word of mouth to others willing to go down the same path. This practice increases Libramarkets rating.
Libramarkets client support
A website as multifunctional as Libramarkets can’t function efficiently without an enthusiastic and highly responsive customer support department. The professionals the broker employs are always willing to help you better navigate the platform and use its multitude of tools and services to your benefit. From the Libramarkets reviews circulating around the web, as well as the experimental dialogues we’ve had with their customer support operators, we’ve come to the conclusion that the broker is willing to assist its customers with the platform’s functions in every way it can. The people are engaged in solving your problems. They were eager to listen and to help use their services in a satisfactory manner.
Libramarkets account types review
In order to provide their users with a high degree of comfort, Libramarkets broker have devised three distinct account types for them. This is the standard amount of accounts usually available with investment brokers. In addition to that, a custom account creation feature is also available. If you contact the company and reach an agreement with it, they’ll be happy to provide a specialized account designed specifically with you in mind.
The base account still provides users with an array of services aimed to make your trading flow smoothly. Its functions are based on your decisionmaking abilities. The site provides you with the necessary tools and it’s up to you to use them in an effective manner. The Robo-trading account does what it sounds like it does. This account type allows the proprietary sophisticated algorithms to manage your finances, in case you’re unable or unwilling to do so yourself. The final type of account offers users to copy some of the best traders in the business to profit from their success.
The final verdict of our Libramarkets review
Are Libramarkets betrug allegations based on factual evidence? The company is a newcomer to the brokerage industry. And newcomers on the market are often treated with skepticism until they can prove otherwise. We were also skeptical from the get-go and we remain to be so still.
Despite the fact that Libramarkets provides great trading conditions on most of its features, we still need to consider the fact that they do not have a regulatory license to fully legitimize their business model.
The fact that the company is catering to EU citizens and is able to offer the leverage it is offering right now is a bit more than suspicious.
Therefore, we can’t necessarily recommend a broker that still has this many question marks regarding their business ethics. The safest route for everybody would be to simply avoid the company completely.