Forex Club launches renewed platform Libertex

Russian Forex broker Forex Club has officially presented an updated version of its own creation – trade and investment terminal Libertex.

The terminal provides access to the most popular financial instruments (currencies, metals, stocks, energy resources, indices, etc.) via a single application that works on all types of desktop and mobile devices.

Libertex (which stands for Liberty Exchange) is web-based, which is always a piece of good news for traders who shun installation complications. The solution operates on the basis of HTML5 and Backbone framework. It comes in versions for iOS and Android gadgets, with the developers promising to offer traders a Libertex app for Apple Watch soon.

Forex Club notes that the key advantage of Libertex is the incorporation of trading characteristics like spreads, lots, margin, bids, etc. into the core of the system, thus enabling investors to focus on their own investment decisions without paying too much attention to technical aspects of collaboration with a broker/dealer.

One interesting characteristic of the platform is that it offers traders to invest sums that exceed a user’s book value, but frees investors from complicated calculations of margin security. This happens via a multiplication mechanism (it replaces the traditional concept of leverage). For instance, when investing $5,000 into oil with multiplier X10, one enters into a transaction for $50,000, but the maximum amount of loss in this case does not exceed $5,000.

The broker says the terminal is good for both newbies and professionals but if you feel like trying something for beginners, probably StartFX is the right option for you. Those who wish to test Libertex in a safe environment would be happy to know that they can do so with a demo account.


To view the official announcement by Forex Club, click here.

To learn more about the trading terminal, click here.

Read Also: