LegacyFX Review

LegacyFX is a well-regulated broker that has been operating since 2017. LegacyFX offers a lucrative Introducing Broker and Affiliate Program. The typical spreads with LegacyFX start from 0.6 pips on major currencies. LegacyFX supports MetaTrader 5 across devices.

🛡️Regulated and trusted by CySEC, MiFID, VFSC, BaFin, FCA, and NBRB
🛡️807 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.

★★★

Minimum Deposit: $500 Regulated by: CySEC, MiFID, VFSC, BaFin, FCA, and NBRB Crypto: Yes

Get startedRead Review

Analysis of LegacyFX’s Main Features

1. ☑️Overview
2. ☑️Regulation and Safety of Funds
3. ☑️Awards and Recognition
4. ☑️LegacyFX Account Types and Features
5. ☑️LegacyFX Account Registration
6. ☑️Broker Comparison
7. ☑️LegacyFX Trading Platforms
8. ☑️Range of Markets
9. ☑️Fees and Spreads
10. ☑️LegacyFX Deposit and Withdrawals
11. ☑️Education and Research
12. ☑️Bonuses and Promotions
13. ☑️Affiliate Program
14. ☑️Customer Support
15. ☑️Current Partnerships
16. ☑️Social Responsibility
17. ☑️Final Verdict
18. ☑️Pros and Cons
19. ☑️Frequently Asked Questions

Overview

LegacyFX has been gaining attention in the online trading industry ever since it was established in 2017. Our team has personally witnessed the vast opportunities provided by the MetaTrader 5 platform, which offers a wide range of CFD markets and forex pairs. With a total of 425 tradable symbols and 48 forex pairs, it presents a substantial selection for traders.

However, what truly distinguishes LegacyFX, based on our experience, is its unwavering commitment to providing educational resources. Whether you’re just beginning your trading journey or consider yourself an experienced professional, their vast collection of videos and tutorials offers valuable resources for all levels of expertise.

Their regulatory status is quite varied. The Cyprus Securities and Investment Commission (CySEC) is primarily responsible for overseeing them, but they also have a license from the Financial Services Commission (FSC) in Mauritius. The adoption of a multi-jurisdictional approach highlights a strong emphasis on security. However, it is important to mention that their Trust Score of 67 out of 99 suggests a certain degree of risk.

We value the wide range of account options provided by LegacyFX. EU traders have three options to consider, while international clients have a broader range of seven choices available to them. These options include Standard, Bronze, and VIP, among others.

Every account type offers unique benefits, such as access to live support, a comprehensive trading academy, and advanced trading tools. We were also thoroughly impressed by LegacyFX’s zero-fee policy on deposits and withdrawals, which is made possible through its innovative Safe Mode Program.

What distinguishes LegacyFX from other brokers?

LegacyFX stands out for its commitment to providing substantial educational tools, offering a choice of account types, and maintaining attractive spreads on key currencies beginning at 0.6 pips.

When was LegacyFX founded?

LegacyFX was founded in 2017 and has since garnered popularity in the online trading sector due to its broad offers and customer-centric services.

Regulation and Safety of Funds

LegacyFX Global Regulations

LegacyFX’s Protection of Client Funds

Which regulatory bodies supervise LegacyFX?

LegacyFX is largely regulated by the Cyprus Securities and Investment Commission (CySEC) and has a license from Mauritius’s Financial Services Commission (FSC).

What risk warnings does LegacyFX give its clients?

LegacyFX clearly warns its clients of the possible hazards associated with trading, emphasizing the need to recognize these risks before engaging in trading activities.

Awards and Recognition

While exploring LegacyFX’s website, we found the following most recent awards:

• In 2022, LegacyFX was awarded for providing the best trading education in MENA.
• LegacyFX was named the “Most Innovative Forex Broker” in Africa in 2022.
• LegacyFX won the “Best STP Forex Broker” award from AtoZMarkets in 2020.
• In 2019, DailyForex awarded LegacyFX as the “Best Forex Broker in the Middle East.”

LegacyFX Account Types and Features

What we appreciate about LegacyFX is the sheer number of available account options. Each account level will suit a different type of trader according to their trading needs, preferences, risk tolerance, and financial objectives.

Standard Account

The Standard Account provides a reliable foundation for individuals beginning their trading journey. The $500 minimum deposit is quite accessible, and the package also includes daily trading signals, live support, and a comprehensive Trading Academy.

These resources are designed to equip novice traders with the essential tools and knowledge they need to succeed. The swap-free trading feature is especially beneficial for effectively managing overnight positions and avoiding rollover fees.

We also found that the auto-charting tool makes technical analysis easier for beginners by visually highlighting possible trading opportunities.

Bronze Account

Upgrading to the Bronze Account allows you to access exclusive mentoring sessions that provide advanced guidance.

To open this account, a minimum deposit of $1,000 is required. Based on our extensive experience, these sessions have proven extremely valuable, offering detailed insights into market dynamics and effective trading strategies.

We had the privilege of working with mentors who possessed extensive expertise, were easy to approach, and had a knack for customizing their advice to suit our unique trading preferences and objectives.

Silver Account

The Silver Account is designed for traders who have acquired experience and are seeking to refine their approach. It requires a minimum deposit of $3,000.

Having three protected trades at your disposal is a valuable asset that enables you to explore new strategies and effectively mitigate risk. We believe this feature will prove especially advantageous during market volatility, offering protection against unforeseen losses.

Gold Account

The Gold Account is tailored for experienced traders who want to enhance their performance and maximize profits.

It requires a deposit of $5,000. The five protected trades provide enhanced flexibility and risk management capabilities, while the advanced mentoring sessions explore market nuances, technical analysis, and risk management strategies in greater depth.

The personalized guidance traders can receive at this level will greatly improve their decision-making process and play a vital role in their overall trading success.

Platinum Account

For high-volume traders or individuals with significant capital, the Platinum Account’s minimum deposit of $10,000 can be considered reasonable.

The direct dealing desk ensures fast and efficient trade execution, while the seven protected trades provide an extra level of risk management.

While we did not personally use this account, its features are specifically designed for professional traders who require advanced tools, priority support, and enhanced risk management capabilities.

Premium Account

The Premium Account is designed for high-net-worth individuals seeking a customized trading experience. It requires a minimum deposit of $25,000.

Although we have not personally tested this account, it seems to enhance the features of the Platinum Account, potentially providing extra benefits such as customized trading plans, exclusive market insights, and priority access to customer support.

VIP Account

The VIP Account is the highest-tier option available from LegacyFX, requiring a significant minimum deposit of $50,000. It showcases the pinnacle of the company’s offerings.

Although we may not have direct expertise in this particular category, it is designed to meet the needs of institutional traders and individuals with significant wealth who desire a trading experience tailored to their specific requirements.

With this account, traders can expect exceptional personalized assistance, customized solutions, and exclusive access to the firm’s top-tier resources.

Demo Account

Our extensive experience with LegacyFX revealed that their demo account is an incredibly valuable resource. They have demonstrated a strong commitment to assisting traders in acquiring knowledge and effectively mitigating risk.

Their demo environment is not just a basic setup but rather a comprehensive simulation of real market conditions. This makes it perfect for refining your skills without the risk of losing any real money.

Using virtual funds from LegacyFX, this experience provides a genuine understanding of market dynamics and allows for a thorough exploration of various strategies.

The virtual balance they provide often aligns with the amount that a professional trader would typically invest (often up to $100,000), enhancing the authenticity of the experience.

Islamic Account

The Islamic Account provided by LegacyFX is not exclusive to Muslim traders. It is open to anyone who wishes to engage in interest-free trading. LegacyFX recognizes that interest-free trading can be a matter of personal choice, not just religious beliefs.

The Islamic Account, also known as a “Swap-free” or “Rollover fee-free” account, is designed to eliminate the fees usually charged for holding positions overnight.

Regular accounts incur fees that function similarly to interest charges, which are applied if a trade is held open beyond the end of the trading day. By eliminating these, LegacyFX ensures that the Islamic Account adheres to Sharia law, which strictly prohibits any form of interest.

What makes the LegacyFX Gold Account ideal for experienced traders?

The Gold Account needs a $5,000 deposit and includes five protected transactions and advanced mentorship sessions to improve risk management and trading methods.

What is the minimum deposit required for a LegacyFX Standard account?

The LegacyFX Standard Account has a $500 minimum deposit, making it affordable to traders just starting out.

★★★

Minimum Deposit: $500 Regulated by: CySEC, MiFID, VFSC, BaFin, FCA, and NBRB Crypto: Yes

Get startedRead Review

LegacyFX Account Registration

The process involved with getting started with LegacyFX is extremely easy, and here are the steps to follow to register a new account:

• Navigate to the LegacyFX website. Hover over the “Trade” tab in the top menu of the webpage. Navigate to the “Accounts” dropdown menu and choose “All Accounts.”
• On the “All Accounts” tab, you can check the LegacyFX accounts’ trading conditions, features, spreads, and other details. Choose an account that fits your risk tolerance, trading objectives, and style.
• To begin the registration process, click the “Open Account” link below the account comparison tables after selecting the best account type for you.
• You will be asked to provide your personal information, including your complete name, email address, phone number, and country of residence. You will need to establish a password for your account.
• Please include any extra information, such as your trading experience and educational background. This is a common technique to assist the broker better understand your trading profile.
• Complete the account verification procedure by supplying the required identity papers. Typically, this comprises a government-issued ID and evidence of address, such as a utility bill or bank statement.
• Once your account has been validated, fund it with one of the available payment options. Make sure you fulfill the minimum deposit requirement for your account type.
• After you’ve funded your account, you’ll receive login information for LegacyFX’s major trading platform, MetaTrader 5. The MetaTrader 5 platform can be downloaded from LegacyFX’s website or used online.

What personal information is required for LegacyFX account registration?

During registration, you must provide your name, email address, phone number, and country of residence and create a password for your account.

Is account verification necessary for LegacyFX, and what papers are required?

Yes, LegacyFX needs account verification, which entails providing a government-issued ID and proof of residence, such as a utility bill or bank statement.

Broker Comparison

Trading Platforms

MetaTrader 5

Web

The MT5 web platform is a highly flexible solution that eliminates the hassle of software installation. Traders have the convenience of accessing their accounts and trading directly from their web browsers, which is perfect for individuals who utilize various devices or operating systems.

The platform’s extensive features, encompassing a wide array of trading orders and strong data security measures, guarantee a smooth and safe trading experience across all internet-connected devices.

Mobile

Many traders we’ve spoken to highly recommend the MT5 app for Android and iOS. It is an ideal option for individuals who are constantly on the go, providing the convenience to engage in trading from practically any location.

The app’s intuitive interface and robust features make it an invaluable tool for traders of all levels of experience. In today’s fast-paced trading environment, executing trades, monitoring markets, and accessing real-time news and alerts on a mobile device is truly revolutionary.

Desktop

The MT5 desktop platform is the ultimate tool for traders seeking a sophisticated trading environment. It provides advanced features, such as a comprehensive set of trading orders, sophisticated technical analysis tools, and a personalized interface.

The platform’s ability to support multiple languages and strong data protection measures make it suitable for a global audience. Traders also value the convenience of one-click trading and the ability to access real-time quotes in Market Watch, allowing them to respond to market fluctuations promptly.

Web API

Unfortunately, LegacyFX does not provide a publicly available Web API for seamless integration with their trading platform.

Traders can use third-party providers such as cTrader Automate (previously cAlgo) or MetaTrader to create personalized trading algorithms and automated strategies. These tools allow for indirect interaction with LegacyFX’s trading infrastructure.

What are the main features of the LegacyFX MT5 mobile application?

The MT5 mobile app offers real-time news, notifications, and the option to execute trades while on the go, making it perfect for traders who need to stay connected to the markets from any location.

Can you use automated trading methods with LegacyFX?

Yes, LegacyFX offers automated trading techniques via the MetaTrader 5 platform, allowing traders to create and test numerous algorithms.

★★★

Minimum Deposit: $500 Regulated by: CySEC, MiFID, VFSC, BaFin, FCA, and NBRB Crypto: Yes

Get startedRead Review

Range of Markets

Leverage and Margin

LegacyFX offers traders a wide range of leverage options, ranging from 1:2 to 30:1, depending on the asset being traded.

This allows traders to manage risk and potential returns according to their trading style and risk tolerance.

However, we must mention that EU regulations limit the maximum leverage to 30:1 for major Forex pairs, which might be restrictive for some.

LegacyFX follows a systematic approach to margin requirements, ensuring sufficient funds to cover positions. This is as follows:

• Major Forex pairs have a margin rate of 3.33%.
• Minor and exotic pairs have a 5% margin rate.
• Indices and commodities have a 10% margin rate.
• Shares and other reference values have a 20% margin rate.
• Cryptocurrencies have a 50% margin rate.

Furthermore, we also discovered that the Margin Close-Out rule is 50% for Silver, Gold, and Platinum accounts, allowing positions to be automatically closed if account equity falls to 50% of the required margin.

Another benefit is that LegacyFX maintains consistent margin requirements, remaining unchanged overnight and during weekends.

Does LegacyFX provide cryptocurrency trading?

Yes, LegacyFX trades ten different cryptocurrencies, with leverage of up to 1:2, allowing traders to participate in the burgeoning digital asset market.

What leverage does LegacyFX offer for forex trading?

LegacyFX provides leverage of up to 1:30 for forex trading, allowing traders to control risk and possible profits based on their trading style and risk tolerance.

Fees

We explored LegacyFX and were pleased to see transparency in the trading and non-trading fees charged. Join us as we explore each typical fee category for traders.

Spreads

LegacyFX offers competitive spreads across various account tiers, starting from 1.6 pips for Standard, Bronze, and Silver accounts. Gold and Platinum accounts start at 1 pip, while Premium and VIP accounts offer low spreads as low as 0.6 pips for high-volume traders.

Commissions

LegacyFX doesn’t charge any commission fees on forex trades, benefiting forex traders. However, stock traders should be aware of the commission structure.

Platinum account holders pay a competitive 0.15% per share commission, Gold account holders pay 0.30% per share, and Silver account holders pay 0.45% per share.

Overnight Fees, Rollovers, or Swaps

LegacyFX applies overnight fees, also known as swap fees, on positions held open past the end of the trading day.

These fees are applied right before the server time reaches 23:59:59. Being mindful of these fees and closely monitoring them is crucial, as they have the potential to significantly affect your overall profitability in the long run, particularly for positions held over an extended period.

Deposit and Withdrawal Fees

One advantage of LegacyFX is that they do not impose any fees for deposits or withdrawals. This is particularly beneficial for traders who frequently transfer funds to and from their accounts.

Inactivity Fees

If your account remains inactive for 90 days or longer, a monthly fee of $10 or 10% of your account balance (whichever amount is higher) will be applied.

Currency Conversion Fees

When trading in a currency other than your account’s base currency, it’s important to note that LegacyFX does charge currency conversion fees. It is advisable to directly inquire about the current rates from the relevant parties, as these fees may differ.

Are there any commissions for forex trading on LegacyFX?

No, LegacyFX does not impose commission fees on forex trades, which makes it ideal for forex traders trying to cut expenses.

Is LegacyFX charging for deposits and withdrawals?

No, LegacyFX offers a zero-fee policy for deposits and withdrawals, so traders can move funds without paying additional fees.

Deposits and Withdrawals

Deposits

Deposit using Bank Wire Step by Step

• Access your LegacyFX trading account and visit the ‘Deposit Funds’ area.
• Choose ‘Bank Wire’ as your desired deposit method.
• Fill in your deposit amount and bank information.
• Please review the wiring instructions and confirm the deposit request.
• To initiate a bank wire transfer, use the given LegacyFX bank information.
• After the transfer, the funds will be transferred to your LegacyFX trading account within 3 to 5 business days.

How to Deposit using Credit or Debit Card Step by Step

• Navigate to the ‘Deposit Funds’ option under your LegacyFX account.
• Select ‘Credit/Debit Card’ as the deposit method.
• Enter your card information, including number, expiration date, CVV, and cardholder name.
• Enter the deposit amount and confirm the transaction.
• Deposited funds are quickly credited to your trading account after successful verification.

Deposit using Cryptocurrency Step by Step

• Access your LegacyFX account and go to the ‘Deposit Funds’ area.
• Choose ‘Cryptocurrency’ as your deposit method.
• To deposit crypto, establish a deposit address or scan the QR code.
• Make the transfer from your crypto wallet to the LegacyFX deposit address.
• Once the blockchain network approves the transaction, the crypto deposit is immediately added to your LegacyFX account.

How to Deposit using e-Wallets or Payment Gateways Step by Step

• Log in to your LegacyFX trading account and navigate to the ‘Deposit Funds’ area.
• Select your chosen e-wallet or payment gateway for deposits, such as Neteller, Skrill, Klarna, iDEAL, Giropay, Avo Payments, or eft Pay.
• Enter the deposit amount and follow the on-screen instructions to complete the transaction.
• After successful processing, the funds will instantly be available in your trading account.

Withdrawals

Withdraw using Bank Wire: Step by Step

• Access your LegacyFX account and go to the ‘Withdraw Funds’ section.
• Choose ‘Bank Wire’ as your desired withdrawal method.
• Enter the withdrawal amount and essential banking information.
• Review transaction information and confirm the withdrawal request.
• Withdrawals will be processed and credited to your bank account within 3 to 5 business days.

How to Withdraw using Credit or Debit Cards Step by Step

• Navigate to the ‘Withdraw Funds’ area under your LegacyFX account.
• Select ‘Credit/Debit Card’ as the withdrawal method.
• Enter the withdrawal amount and card information.
• Verify transaction information and validate the withdrawal request.
• Withdrawals will be processed within 3 – 5 business days.

Withdraw using Cryptocurrency Step by Step

• Access your LegacyFX account and go to the ‘Withdraw Funds’ section.
• Choose ‘Cryptocurrency’ as your withdrawal method.
• Select the coin for withdrawal and enter the amount.
• Provide the destination wallet address.
• After confirming your withdrawal request, the funds will be credited to the specified wallet address.

How to Withdraw using e-Wallets or Payment Gateways Step by Step

• Log in to your LegacyFX trading account and navigate to the ‘Withdraw Funds’ area.
• Select your favorite e-wallet or payment channel for withdrawals, such as Neteller or Skrill.
• Enter the withdrawal amount and follow the on-screen instructions to complete the transaction.
• Following successful processing, the withdrawn funds will be accessible in your chosen e-wallet or payment gateway account.

Can you get money out of your LegacyFX account?

After completing the required verification requirements, withdrawals can be done using the same ways as deposits, such as credit/debit cards, bank wire transfers, e-wallets, and cryptocurrencies.

Are there any costs for withdrawing from LegacyFX?

LegacyFX does not impose withdrawal fees, making it affordable for traders to retrieve their assets.

★★★

Minimum Deposit: $500 Regulated by: CySEC, MiFID, VFSC, BaFin, FCA, and NBRB Crypto: Yes

Get startedRead Review

Education and Research

Trading Reports

LegacyFX offers comprehensive trading reports that provide valuable insights into their trading history and performance.

In our experience, these reports help identify trade entry and exit moments, assess profits and losses, and gain a comprehensive understanding of their trading experience.

The thoroughness of the information allows for a thorough analysis of strategies, identifying successful areas and areas for improvement. These reports are a game changer for traders seeking to enhance their approach.

Trading Calculators

LegacyFX’s calculators, including pip, margin, and risk management, are crucial for efficient risk management in trading.

These tools help assess potential profits and losses, manage risk exposure, and optimize trade sizes based on account balance and risk tolerance. They have become a vital part of trading routines, enabling informed decisions with certainty.

Seminars

LegacyFX’s educational seminars are valuable for traders, providing a wide range of topics.

We believe that the exceptional content and profound knowledge of LegacyFX’s presenters will be instrumental in shaping trading strategies and expanding market understanding.

What type of webinars does LegacyFX offer?

LegacyFX offers webinars on various topics, from basic trading methods to sophisticated technical analysis, appealing to new and experienced traders.

How can AutoChartist help LegacyFX traders?

AutoChartist, accessible for deposits above $1,000, does automatic technical analysis to find trading opportunities and trends, allowing traders to make educated decisions.

Bonuses and Promotions

Loyalty Program

We believe that traders will value the Loyalty Membership Program. It’s not only about the presents, although those do add a pleasant touch.

The tiered system is an intelligent method for acknowledging and incentivizing regular engagement. Furthermore, the personalized phone sessions and the exclusive content are extremely useful, providing more in-depth insights than what is publicly available.

Safe Mode Program

In our experience, LegacyFX has developed a well-balanced approach to bonuses and promotions, combining practical support with enticing rewards.

Their Safe Mode Program, for instance, is truly exceptional. We’ve seen the significant impact of the three reversible trades in volatile markets and can confidently say that this is not just marketing hype.

Instead, Safe Mode provides a safety net that doesn’t limit your trading style; it allows you to make informed decisions and take calculated risks.

Rebates for Clients

LegacyFX’s rebate program is designed to Introducing Brokers (IBs) seeking a trustworthy, transparent, regulated brand. Our research shows that it offers real-time monitoring and reporting, allowing IBs to track commission payments and clients’ trading activities.

Furthermore, experienced IB managers provide tailored service, and the compensation plan offers IBs up to 5% of clients’ First Time Deposit and 20% of revenue share, making it a lucrative opportunity for those with a strong client network.

Does LegacyFX offer any client rebates?

Yes, LegacyFX’s rebate program provides real-time monitoring and reporting, allowing Introducing Brokers (IBs) to earn commissions on their clients’ trading activity.

What benefits does LegacyFX provide to new clients?

LegacyFX offers a range of incentives and promotions, including the Safe Mode Program and loyalty awards, although individual benefits differ and should be verified directly with the broker.

Affiliate Programs

Features

The LegacyFX Affiliate Program is a standout option among similar programs, particularly if you are interested in generating income from the forex market without the requirement of being an active trader.

In our experience, the payouts for Cost Per Acquisition (CPA) are quite impressive, with potential earnings of up to $1,000 per client. The earning potential mentioned here can be quite significant, especially for individuals who excel at attracting new clients to the platform.

We were also impressed by the seamless integration of CellXpert, a robust marketing tool. It offers excellent resources ideal for attracting traders and boosting conversion rates.

In addition, they provide a customized plan option that lets you personalize your approach, enhancing the effectiveness of your marketing efforts. If you’re inclined towards a more hands-on approach, you might want to consider exploring the Introducing Broker (IB) option.

How to Register an Affiliate Account with LegacyFX Step-by-Step

• Begin by visiting the LegacyFX website using your choice web browser.
• Once on the homepage, look for the “Promotions” item in the navigation menu.
• Hover over “Promotions” to see a dropdown menu, then select “Partnership” to get to the partnership overview page.
• The Partnership page offers two primary options: “Affiliate Program” and “Become an Introducing Broker.” Take your time reviewing both by selecting “Learn More” under each choice. This will offer you specific information on each alliance, allowing you to decide based on your preferences and skills.
• After analyzing the two partnership types and determining which suits your needs, search for the registration banner on the partnership program page you’ve chosen.
• Clicking on the registration banner will take you to an online application form.
• Complete the application form, including your full name, email address, phone number, and other necessary information.
• Be comprehensive and honest in your replies to demonstrate your potential as a partner.
• Review LegacyFX’s terms and conditions for affiliates or introducing brokers, depending on your selected program. Understanding the legal and operational basis of your collaboration with LegacyFX is critical.
• To submit the application form, click the relevant submit button. You might need to validate your email address by clicking a verification link.
• After submitting your application, wait for LegacyFX to respond. It could take a few days for them to assess your application and verify that you match their partnership standards.

How can LegacyFX affiliates track their performance?

Affiliates can use LegacyFX’s real-time monitoring and reporting capabilities to ensure transparency and accurate commission computations.

Can LegacyFX help affiliates modify their marketing strategy?

Yes, LegacyFX provides customizable programs to affiliates, allowing them to tailor their marketing campaigns to optimize success and customer acquisition.

Customer Support

LegacyFX Response Time

How can traders contact LegacyFX customer service?

Their customer service can be reached by live chat, email, or phone.

What changes can be made to LegacyFX’s customer support?

LegacyFX can improve customer assistance by expanding service hours to 24 hours a day, seven days a week, and embracing other communication channels, such as Telegram and WeChat, for more accessibility.

Current Partnerships

Our research shows that LegacyFX has a sponsorship agreement with the Spanish football team Real Betis Balompié.

Furthermore, LegacyFX has been actively cooperating with technology vendors to incorporate innovative trading tools and services, demonstrating its dedication to offering a strong trading platform for its customers.

Social Responsibility

After thoroughly examining LegacyFX’s dedication to corporate social responsibility, we found their participation in community events highly commendable. The sponsorship of the Larnaca & Famagusta Classic Cars Festival in Cyprus strongly indicates their commitment to social responsibility. This event, originally celebrating automotive heritage, has been transformed into a charitable initiative. LegacyFX and other sponsors made sure that every penny raised, from entrance fees to food and beverage sales, supported the Christakis Hassapis home.

In Larnaca, they are dedicated to providing care for individuals with special needs.

Our Verdict

In our thorough investigation of LegacyFX as a forex and CFD broker, we discovered it to be a reputable platform that caters to a diverse range of traders.

The broker’s powerful trading platform and wide range of trading products give traders the flexibility and diversity they need to navigate the financial markets successfully.

LegacyFX’s unique features, such as the Safe Mode Program and the Loyalty Membership Program, are there to improve trading results and reward loyalty. These features considerably improve the trading experience and create a competitive advantage.

The broker’s affiliate program is also noteworthy, with large CPA rewards and sophisticated marketing tools. This makes it an appealing choice for individuals wishing to profit from recommendations.

Furthermore, LegacyFX’s support of the Larnaca & Famagusta Classic Cars Festival demonstrates the company’s commitment to combining business with social consciousness.

Customer Reviews

🥇 Very Happy!

“Customer service responded immediately to my inquiries. I recommend LegacyFX for beginners and experienced traders.”

🥈 5 Stars!

“I’ve had no major issues with LegacyFX’s MetaTrader 5. The only drawback was that account verification took longer than planned. However, after that, things went great. I recommend them to anybody seeking a reliable broker.”

🥉 Best for Beginners.

“I love the learning tools from LegacyFX since they improved my trading. I like that customer service is nice and helpful. The platform freeze was minor and immediately fixed. Overall, I like the service and would recommend it to other traders.”

Pros and Cons

You might also like:

• AvaTrade Review
• HFM Review
• Exness Review
• Eightcap Review

References:

• LegacyFX.com
• MetaTrader 5

Conclusion

LegacyFX is a suitable broker for many global traders. Traders are constantly looking for ways to lower their trading costs. LegacyFX will appeal to more traders by providing more competitive spreads, particularly on popular currency pairings. While it allows for customer care, there is always the opportunity to improve.

Faq