LegacyFX — Forex Broker Rating and Review 2020

LegacyFXLegacyFX website
Status
Regulation CySEC, BaFin, FCA
Trading software MetaTrader5
Headquartered 47 Ioanni Kondylaki Street, Q Tower, CY 6042, Larnaca, Cyprus

LegacyFX has been providing brokerage services since 2017. The MiFID-compliant broker is regulated by CySEC and the National Bank of the Republic of Belarus. Originally founded in 2012, LegacyFX rebranded and relaunched its services under new management in 2017. Presently, LegacyFX is owned and operated by “A.N. All New Investments Ltd”, a financial investment firm, based in Larnaca, Cyprus. The brand provides currency pairs, metals, commodities, stocks and indices for trading on its platform across multiple devices.

The company provides its clients with a competitive trading conditions; no overnight fees, negative balance protection and funds segregation. LegacyFX states on its website: “We execute each order you place with us in Financial Instruments provided us by always being your counterparty; we act as a principal and not as an agent on your behalf”. This describes the brokerage model of LegacyFX as that of a dealing desk/market maker, with all client orders fulfilled in-house.


Some of LegacyFX’s most notable features:

  • The broker is authorized and regulated by CySEC.
  • Trade over 200 financial instruments using the MetaTrader5 platforms.
  • “LegacyFX Academy” has over 80 video lessons for training of beginner traders.
  • Multiple payment options for deposit and withdrawals.

LegacyFX trading information

WWW https://www.legacyfx.eu/
Address 47 Ioanni Kondylaki Street, Q Tower, CY 6042, Larnaca, Cyprus
Headquarters Larnaca
Free phone +35725030673
24 hour support
Mobile trading
Demo account
Swaps
24 hour trading
Digits after the dot in quotes 2
Minimum position size 0.1
Pip spread on majors
Spread Type variable, fixed
Leverage 30
STP, $
ECN, $
Standard account, $ 5000
Micro account, $ 500
Popular payment methods E-wallets (Neteller, Skrill and more), wire transfer, Credit
Account currencies UDS, EUR, GBP
Other instruments Forex, CFDs on Indices, Commodities, Metals, Cryptocurrencies and Stocks
Languages English, Spanish, Italian, German
Platforms MetaTrader5
Broker type STP
Regulation CySEC, BaFin, FCA
Foundation 2017

Hello, my name is Khaled Zidan and i have recently joined to Leagcyfx and my account manager is Mr. Hani who i would like to thank her for his support taking me from 0 knowledge till this level a the past 6 month so tanks a lot and happy to use the trading platform, market reviews and trading education.

khaled zedan   16 January, 2020  

Mario the super cheater, in the beginning he will make so much promises but as soon as you deposit the money he changes like a chameleons. They will convince you by telling so much lies. My account was closed two times before i joined them. Mario the cheater convinced me that my account will never closed by following their strategies. I started by depositing 200 dollars and had to deposit 300 dollars after a week to save my account. Its not over here, I had to deposit another 700 dollars and finally my account get closed. They claim their signal are 80% accurate and are profitable but its opposite and actually 20% signals are true. They are always late in sending you the signals. I am not the only one who is affected from their services there are so many but they dont know where to complaint against them.

Imran Riasat   25 December, 2019  

I agree with Henry, after my spouse deposited an amount of $500, they did a disappearing act on him. Deleted him from the watsapp group, not replying to his mails, no more signals and avoiding is phone calls. We now wants our money back after this act, and we will by any means recover those funds. we are still waiting on the response from the a consultant Mohammed in compliance dept.

Mrs upset   7 November, 2019  

Please don't! You will burn your money. They will start by sending you WhatsApp signals. then request you register on their website. Once you register and transfer money in trouble. The so called Account manager will care no less, asking for more funding. If you don't, then you in trouble. Your money stuck. So Please so not get yourself in troubles.

Henry   20 October, 2019  

Maybe you did not deposit up to the minimum amount to activate the account, otherwise its working well with me here and their instructor works well for me

Abdur-Rasheed   30 October, 2019
All Reviews & Comments
LegacyFX Rating and Review

LegacyFX Rating

57 %   43 %


LegacyFX Reviews Rating

Reviews Rating LegacyFX - 5

Reviews & Comments

LegacyFX offers MetaTrader 5 to traders

The international broker's clients can now trade over 200 financial instruments using the desktop and mobile platforms. The company offers access to Forex currency pairs, as well as contracts for indices, precious metals and commodities. LegacyFX has been providing brokerage services since 2017. The MiFID-compliant broker is regulated by CySEC.

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