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Forex & CFD broker

Libertex Canada Review: Is It Regulated in Canada?

Not registered in CanadaCanadian eligibility unconfirmed

By ForexCanada Editorial Team · Updated

Canada check

Libertex holds licences outside Canada but is not registered with CIRO or any provincial securities regulator. If it accepts you, your account will normally be opened with an offshore group entity rather than its better-regulated subsidiaries — so CIPF coverage, CIRO margin rules and OBSI complaint handling do not apply. We could not confirm that it currently accepts Canadian residents — check its restricted-countries list before applying.

Canadian status
Not registered in Canada
Canadian entity
None — not registered in Canada
CIPF coverage
No
OBSI complaints
No Canadian ombudsman access
Accepts Canadians
Canadian eligibility unconfirmed
Licences abroad
CySECSVG(offshore)
Founded
1997
Headquarters
Limassol, Cyprus

Our take on Libertex

Libertex is a long-running CFD brand with a commission-based model on its own platform. International clients are served by an offshore entity; not registered in Canada.

Libertex, part of a group that has operated since the late 1990s, differs from many CFD brokers by charging a commission on its own platform rather than relying mainly on spreads. International clients are generally served by an offshore entity. It isn't registered in Canada, and Canadian eligibility is unconfirmed.

What we like

  • +Long operating history

Watch out for

  • −Offshore entity for international clients
  • −Canadian eligibility unconfirmed
  • −Not registered in Canada — no CIPF, CIRO or OBSI protection

How Libertex scores

Canadian protection carries 40% of the weight, so an unregistered firm can't outrank a registered one on price alone. See the full methodology.

Canadian protection (40%)3.0
Costs (20%)6.0
Platforms & tools (15%)7.0
Product range (10%)7.0
Canadian convenience (15%)2.0
Overall4.0 / 10

Accounts, markets & platforms

Platforms
Proprietary web, MT4, MT5
Markets
Forex (50+ pairs) · CFDs · Crypto
Leverage
Offshore entities often advertise 100:1 to 500:1 or more
CAD / USD accounts
— CAD | — USD
Demo account
Available

Figures are taken from the broker's own disclosures at our last review (2026-09) and change often — always confirm on the broker's website. Spot an error? Tell us.

Verify Libertex yourself

  1. Look for the firm on CIRO's list of dealers it regulates.
  2. Search the legal entity name in the CSA National Registration Search and check it is registered in your province.
  3. Confirm CIPF membership in the CIPF member directory.
  4. Search the CSA investor alerts for the brand name and any look-alike websites.
  5. Make sure the account agreement you sign names the same legal entity — not an offshore affiliate.

Step-by-step guide: how to verify any broker in Canada →

Registered alternatives for Canadians

These firms are CIRO dealer members with CIPF-eligible accounts:

Libertex: frequently asked questions

Is Libertex regulated in Canada?

No. Libertex is not registered with CIRO or any provincial or territorial securities regulator, although it holds licences elsewhere (Cyprus (EU), St. Vincent & the Grenadines). Canadian protections such as CIPF coverage and OBSI complaint handling do not apply.

Can Canadians open an account with Libertex?

We could not confirm this. Check Libertex's restricted-countries list and account-opening terms, and remember that even if it accepts you, you won't have Canadian regulatory protection.

Does Libertex offer MetaTrader?

Yes — Libertex supports MT4 and MT5.

Canadian trader reviews

Reviews are submitted by readers and moderated by our editors for relevance and abuse. They are opinions, not verified facts, and never affect our score.

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