Trading platform for beginners and pros - Libertex

The Libertex trading platform is a unique web development from the Forex Club company, which is aimed at changing the approach to financial markets from speculation to investment.

The developers have simplified working with the platform as much as possible, removing the very concept of leverage and lot, allowing us to select the asset we need and indicate the investment amount, with a possible limitation of risk as a percentage of the investment amount.

The platform is built in such a way that a beginner does not have any special difficulties with various subtleties, as happens in the Forex market when trading through MT4. It is worth noting that Libertex is a web terminal, so there is no connection to the operating system or computer, but it is enough to have a good Internet connection and a browser.

Like the familiar MT4, the left column contains a set of investment tools. In the central part of the screen there is a chart with the asset itself, and in the right column there is data on open transactions. It is worth noting that the chart opens in full screen mode, so there will be no difficulty in analyzing the market.

Unlike other similar platforms, the Libertex platform allows you to trade a very wide range of assets, from currency pairs to stocks, commodities, metals and global indices. This platform has approached the grouping of symbols very intelligently, since they are all brought together into certain groups, and when you click on “Indices” in the “Tools” panel, a set of symbols from this group will appear.

It is worth noting that in addition to sorting by groups, the platform selects assets by maximum growth and maximum decline, which allows you to quickly find the necessary trending currency pairs or CFDs

Technical capabilities. Advantages and disadvantages of Libertex  

When you open the platform and review the technical capabilities of the platform, you will be very surprised. Unlike other web platforms, the range of technical indicators and graphical analysis tools exceeds the capabilities of MT4 by an order of magnitude.

As is the case with the platforms we are used to, there are three types of standard charts, as well as a chart in the form of Heiken Ashi candles. The terminal's working area can be divided into three parts, where graphical analysis tools are present in the left column, indicators in the top column, and the chart itself in the center.

Graphical analysis

In addition to standard graphical analysis tools such as trend lines, Fibonacci and channels, Libertex has introduced additional tools for correct recognition of graphic patterns.

Under the shape recognition tools, there are head and shoulders, Hartley butterfly, triangle, three-tap patterns, as well as tools for Eliot wave theory. To add an instrument, click on the corresponding icon in the left column and mark it on the chart itself.

Technical analysis

In terms of technical analysis, the Libertex developers have greatly expanded the set of standard indicators, and if in MT4 there are no more than 30 of them, then in Libertex there are about 45 of them. The process of working with indicators is quite simple; to do this, select the “Indicators” line in the top column and select the instrument that interests us from the three proposed categories.  

The Libertex trading platform is a truly modern development, which takes into account almost all the wishes of a trader for manual trading. The only, but very significant drawback is that Libertex does not provide advisors and scripts, which simply eliminates the possibility of using automatic trading as is done in MT4.

You can trade using Libertex at the broker ForexClub