LegacyFx Review

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LegacyFx is a well-established broker since 2017. LegacyFx has a headquarter in Cyprus. It is are generally well-suited for LegacyFx to provide their Forex/CFD trading services to global clients.


This broker has also been regulated by BaFin 348194, CySEC 344/17, FCA (UK) 797343, NBRB (Belarus) 193180778 and Vanuatu Financial Services Commission 14579. Simple yet detailed information upon this broker can be seen below.


Company Information

Website
www.legacyfx.com

Established
2017

Country
Cyprus

Regulation
BaFin 348194
CySEC, 344/17
FCA (UK), 797343
NBRB (Belarus), 193180778
Vanuatu Financial Services Commission, 14579

Features

Interest rate on funds

Trading contests

Free education

Personal manager

Trading by telephone

PAMM accounts

LAMM accounts

MAM accounts

Segregated accounts

Affiliate program

Islamic accounts available

Vps



Account Information

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 further information about this broker's offered account(s), please take a look at the list below.


Minimum Deposit

$500

Maximum Leverage

1:200

Spread

Fixed


Minimum Deposit $500

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, LegacyFx also offers some instruments you would like to trade on, such as Forex, Gold & silver, Stocks, Indexes, Energies and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:200

Gold & silver
1:100

Indexes
1:100

Energies
1:100

Cryptocurrencies
1:5


Minimum Deposit $5000

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, LegacyFx also offers some instruments you would like to trade on, such as Forex, Gold & silver, Stocks, Indexes, Energies and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:200

Gold & silver
1:100

Indexes
1:100

Energies
1:100

Cryptocurrencies
1:5


Minimum Deposit $10000

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, LegacyFx also offers some instruments you would like to trade on, such as Forex, Gold & silver, Stocks, Indexes, Energies and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:200

Gold & silver
1:100

Indexes
1:100

Energies
1:100

Cryptocurrencies
1:5


Minimum Deposit $500

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, LegacyFx also offers some instruments you would like to trade on, such as Forex and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:30

Cryptocurrencies
1:5


Minimum Deposit $5000

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, LegacyFx also offers some instruments you would like to trade on, such as Forex and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:30

Cryptocurrencies
1:5


Minimum Deposit $10000

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, LegacyFx also offers some instruments you would like to trade on, such as Forex and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:30

Cryptocurrencies
1:5

Payment Methods

Bitcoin : As a payment method, Bitcoin is reliable for its low cost and quick process. Brokers have been integrating Bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

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.

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.

LegacyFx also provides payment with Credit/debit cards



Trading Platforms

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.

Customer Support

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:

Website Languages

Arabic
English
German
Italian
Russian
Spanish

Office
Support

Email
Support

Call
Support

Chat
Support



FAQ About LegacyFx

Is LegacyFx a good broker?

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 Cryptocurrencies . As for the payment methods, you can choose between Bitcoin, Credit/debit cards, Neteller, Skrill and Wire transfer. The customer support is available via Email, Live chat, Phone, Skype and Web form.


What is the minimum deposit for LegacyFx?

The starting capital in LegacyFx is $500.


Is LegacyFx regulated?

LegacyFx is regulated by BaFin 348194, CySEC 344/17, FCA (UK) 797343, NBRB (Belarus) 193180778 and Vanuatu Financial Services Commission 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.


Is LegacyFx legit?

LegacyFx is a brokerage company offering trading services for clients since 2017 with offices in Cyprus.


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