Libertex is operated by Indication Investments Ltd, regulated by CySEC. On July 16, 2021, we reported that Libertex was promoted via an illegal boiler room on Telegram. This boiler room was in turn promoted via fake articles. Please read the report here. CySEC partially suspended Libertex's license on 3 August 2021 but recalled this suspension on August 23, 2021. The regulator was satisfied with the broker's commitments to make its marketing strategy compliant and continuously monitor compliance procedures. Thus, Libertex wants us to remove the old report!

Finance Magnates has reported that the Cyprus CySEC partially suspends the license of the regulated Indication Investments Ltd. The broker regulated with No. 164/12 is doing business as Libertex with the approved domain www. Libertex.com. In its board decision, CySEC says that it seems that Libertex does not act honestly, fairly, and professionally in dealing with its clients. In addition, Libertex also seems to violate various compliance guidelines. This is not the first time Libertex has had such issues with CySEC.