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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please click here to read our full Risk Warning.

79% of retail investor accounts lose money when trading CFDs with this provider.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please click here to read our full Risk Warning.

79% of retail investor accounts lose money when trading CFDs with this provider.

How can users verify a payment method on Libertex?

Payment verification is completed by submitting the required documents or confirmations requested during the deposit or withdrawal process. The specific requirements depend on the type of payment method being verified, and the platform provides clear instructions about what documentation is needed when verification is requested. In most cases, the process is straightforward and only needs to be completed once for each payment method.

For credit and debit cards, verification typically involves submitting a clear photo or screenshot showing the cardholder's name, the last four digits of the card number, and the expiration date — with other sensitive details such as the full card number and CVV code safely covered or hidden. For bank transfers, the platform may request a bank statement or transfer confirmation that displays the account holder's name, the bank account number or IBAN, and the details of the transaction made to the trading account. Electronic wallet verification usually requires confirming the registered e-mail address or account identifier associated with the wallet, and may involve submitting a screenshot of the wallet's profile or transaction page. At Libertex, we provide detailed comments on what we require every time with precise requirements.

To ensure the verification process goes smoothly and is completed as quickly as possible, users should follow several practical guidelines. All submitted documents and images should be clear, well-lit, and fully legible — blurry, cropped, or partially obscured submissions are the most common reason for verification delays or rejections. The name on the payment method must match the name registered on the trading account, as any discrepancy will prevent verification from being completed. Users should also ensure that any requested documentation is current and has not expired. Once a payment method is successfully verified, it remains linked to the account for future use, and subsequent deposits and withdrawals through that method are processed without requiring repeated verification — making the initial effort a worthwhile investment in long-term convenience and transaction efficiency.