In your trading activities, you can use leverage, or multiplier, which is a feature increasing your trade's profit potential; however, it increases your risk, too.A Multiplier is one of the major tools in Libertex. It allows you to increase your trade's profit potential.How does it work? It’s Very simple.Let's assume you buy EUR/USD, your investment amount is $50, and your multiplier is one. If the price goes up 10%, your profit will be $5 ($50 x 10%).However if instead of one you specify 20 as a multiplier your investment amount will rise to $1,000 ($50x20).As you can see, your profit has been multiplied by 20, and this is how the multiplier works.This is like the speed of a car: the greater it is, the faster you reach your destination. However, high speed brings with it more risk. This is why every car driver chooses a speed which is good for themselves depending on their experience, road surface condition and the traffic code.For novice traders, we recommend using a minimum multiplier, which equals 1, in order to avoid risks in case the market moves against you.
What does the trading process look like and what is the Multiplier Feature?
The basic trading principle within Libertex platform is the following: the result of a trade changes in proportion to the price of the underlying asset the trade is based on.
To manage your money more effectively, a trader can use the Multiplier Feature, which is set at the moment of opening a trade. The Multiplier is a value that determines how the trade result changes relative to the underlying asset price.
For asset trading, you can only use integer numbers as multiplier values. To view the maximum possible multiplier value for each trading instrument, please refer to the Trading Instrument Specifications.
How do I open a live trading account?
Please note that you can only open a live account and use it for trading purposes if you are at least 18 years old or of legal age, whichever is greater.
1. To sign up for an account, please fill out the Email and Password fields in the mobile app sign up dialog or via Libertex Web platform at https://app.libertex.org/#modal_register
You can also use your Facebook details to register a trading account.
2. Once you have signed up, you will be asked a few questions by the trading platform. Please answer those.
What is Multiplier and how does it work?
What is Stop Out?
Stop out level is one of the basic trading conditions in Libertex.
If the stop out level is 100%, this means your position will be closed automatically when its loss is 100% or more of the initial investment amount. When stop out level is in place, the trade is closed at the first price available at the moment of closing, meaning that the eventual result may be different from the one expected based on the stop loss level you specified.
Stop out level is set for 100% for all financial instruments, except CFD's on stocks, where it is 80%.
What are the general financial instrument trading conditions?
General Financial Instrument Trading Conditions
For full financial instrument trading terms and conditions, please refer to Instrument Specifications on our website.
Below, you can find some of the most important terms and conditions:
- The minimum investment amount is 10 USD.
- The maximum multiplier** a trader may use when trading the respective financial instrument.
- Transaction fee: A fee a trader is required to pay when opening a transaction.
In Libertex platform, the fee is floating.
The amount of the floating fee may change in accordance with the market spreads.
Minimum fees and commissions are detailed in the Instrument Specifications. When opening a position, you will be shown the commission as a percentage; after you close it, you will be able to view the commission amount, too, in the Trade History section.
As the maximum spread in the market is unlimited, the maximum commission, which is based on spread values, cannot be limited either.
- Rollover or SWAP is an interested rate credited on your account or debited from it everyday at 9 pm GMT, depending on the position type.
- Trading hours are the hours during which you can make transactions in the financial markets.
For your convenience, the platform has tips on trading hours for each instrument you trade or are going to trade. If you see a red circle next to the instrument name, this means the instrument is currently not available for trading.
*Commissions and amounts credited are calculated based on the multiplier value set by the client upon opening a position. Trading commission may be higher during high volatility or low liquidity periods for the particular asset. Please refer to the commission amount shown at the moment of making your transaction.
** Maximum multiplier value may be reduced during high volatility or low liquidity periods for the particular trading instrument.
What is the minimum investment amount?
The minimum investment amount for any tradable instrument is 10 USD.