LegacyFx is a well-established broker since 2017. LegacyFx has headquarters in United Kingdom, Cyprus, Germany, Belarus and Vanuatu. LegacyFx to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by FCA 797343, CySEC 344/17, BaFin 348194, NBRB (Belarus) 193180778 and VFSC 14579.
Apart from the forex demo account, this broker offers Silver, Gold, Platinum, Silver (EU), Gold (EU) and Platinum (EU). To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by LegacyFx is up to 1: 200. Meanwhile, you can open an account with a starting capital of $500.
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
CashU : If you live in the Middle East, CashU is one of the most popular online payment services there. CashU is a digital wallet that allows clients to pay or transfer money online instantly and offer users its own pre-paid MasterCard with no absolutely additional fees attached. Introduced in July 2002, CashU has targeted the Middle East and North African markets where it serves close to 2.3 million customers. This is the reason why many of the forex brokers that are expanding in the North African and Middle East market accept CashU as one of their payment methods.
LegacyFx also provides payment with iDEAL, giropay, Tether (USDT), Ripple, Perfect Money, Litecoin, Ethereum, Crypto Cash, Crypto and Credit/debit cards
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, LegacyFx offers you MetaTrader 5.
Do you have any question or find any trouble related to LegacyFx? If you do, you should reach LegacyFx's support to get the information that you need. Here is the detail of the broker's customer support:
FAQ About LegacyFx
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if LegacyFx is a good broker for you or not by reviewing the criteria. In general, LegacyFx provides trading service in Forex , Gold & silver , Stocks , Indexes , Energies and Crypto . As for the payment methods, you can choose between Skrill, Wire transfer, Credit/debit cards, Neteller, CashU, Perfect Money, Crypto, Litecoin, Ethereum, Crypto Cash, Ripple, Tether (USDT), iDEAL and giropay. The customer support is available via Email, Web form, Phone, Live chat and Skype.
The starting capital in LegacyFx is $500.
LegacyFx is regulated by FCA 797343, CySEC 344/17, BaFin 348194, NBRB (Belarus) 193180778 and VFSC 14579. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
LegacyFx is a brokerage company offering trading services for clients since 2017 with offices in United Kingdom, Cyprus, Germany, Belarus and Vanuatu.