Trading platform for beginners and pros - Libertex

The Libertex trading platform is a unique web development from Forex Club, which aims to transform the approach to financial markets from speculation to investment.

The developers have simplified the platform's operation as much as possible, eliminating the concepts of leverage and lot size, allowing us to select the desired asset and specify the investment amount, with the option to limit risk as a percentage of the investment amount.

The platform is designed so that beginners won't encounter any difficulties with the various intricacies of the Forex market, as is often the case when trading via MT4. It's worth noting that Libertex is a web terminal, so it doesn't require any operating system or computer. A good internet connection and a browser are sufficient.

Similar to the familiar MT4, the left column contains a selection of investment tools. The central part of the screen displays the asset chart itself, while the right column displays data on open trades. It's worth noting that the chart opens in full-screen mode, so market analysis won't be an issue.

Unlike other similar platforms, Libertex offers a wide range of assets to trade, from currency pairs to stocks, commodities, metals, and global indices. This platform has a very clever approach to symbol grouping, as all of them are grouped into specific categories. Clicking "Indices" in the "Tools" panel displays a selection of symbols from that category.

It's worth noting that in addition to sorting by group, the platform also filters assets by their highest growth and lowest decline, allowing you to quickly find the right trending currency pairs or CFDs

Technical Capabilities: Advantages and Disadvantages of Libertex 

When you open the platform and explore its technical capabilities, you'll be truly amazed. Unlike other web platforms, the range of technical indicators and graphical analysis tools far exceeds the capabilities of MT4.

As with our familiar platforms, there are three standard chart types, as well as a Heiken Ashi candlestick chart. The terminal's workspace can be divided into three sections: the left column contains graphical analysis tools, the top column contains indicators, and the center column contains the chart itself.

Graphical analysis

In addition to standard graphical analysis tools such as trend lines, Fibonacci , and channels, Libertex has implemented additional tools for the correct recognition of graphical figures.

Below the pattern recognition tools are the head and shoulders, Hartley Butterfly, triangle, three touch patterns, and Elliott Wave Theory tools. To add a tool, click the corresponding icon in the left column and mark it on the chart.

Technical analysis

In terms of technical analysis, Libertex developers have significantly expanded the set of standard indicators. While MT4 has no more than 30, Libertex has around 45. Working with indicators is quite simple: select "Indicators" in the top column and choose the tool you're interested in from the three available categories.  

The Libertex trading platform is a truly modern development that addresses virtually every need for manual trading. Its only significant drawback is that Libertex lacks expert advisors and scripts, which eliminates the possibility of automated trading like MT4.

You can trade using Libertex with the ForexClub broker.