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Problem My account was imploded by Legacy FX

I am having an issue with a company

percy vere

Recruit
Messages
6
I have been trading with LegacyFX since May 2020. The trades were put forward by their Senior Account Managers, either Julian Bennet, or his superior Chris Miller. They set up the trades either by whatsapp chat or message, or via Anydesk connecting to my PC. However, although they suggested the trades, I always had to press the button to initiate the trade, (therefore absolving them of all responsibility, according to them.) They did not use any stop loss on any of the trades, and discouraged me from using them. The result is that on 16th February 2021, without any warning, the account imploded completely, leaving £1300 in the account , which had been funded to almost £400, 000. (That figure is correct !)
Since then, they have made a derisory offer of compensation , which I have refused. I am now having to try to recover the losses via the Cyprus regulator (Cysec), once i obtain my complaints reference number from LegacyFX.
PLease, please keep away from LegacyFX. They are unscrupulous criminals !
 

The Punisher

Captain
Messages
2,342
I have been trading with LegacyFX since May 2020. The trades were put forward by their Senior Account Managers, either Julian Bennet, or his superior Chris Miller. They set up the trades either by whatsapp chat or message, or via Anydesk connecting to my PC. However, although they suggested the trades, I always had to press the button to initiate the trade, (therefore absolving them of all responsibility, according to them.) They did not use any stop loss on any of the trades, and discouraged me from using them. The result is that on 16th February 2021, without any warning, the account imploded completely, leaving £1300 in the account , which had been funded to almost £400, 000. (That figure is correct !)
Since then, they have made a derisory offer of compensation , which I have refused. I am now having to try to recover the losses via the Cyprus regulator (Cysec), once i obtain my complaints reference number from LegacyFX.
PLease, please keep away from LegacyFX. They are unscrupulous criminals !
Is this the correct websites?

 

FxMaster

Colonel
Messages
11,534
I have been trading with LegacyFX since May 2020. The trades were put forward by their Senior Account Managers, either Julian Bennet, or his superior Chris Miller. They set up the trades either by whatsapp chat or message, or via Anydesk connecting to my PC. However, although they suggested the trades, I always had to press the button to initiate the trade, (therefore absolving them of all responsibility, according to them.) They did not use any stop loss on any of the trades, and discouraged me from using them. The result is that on 16th February 2021, without any warning, the account imploded completely, leaving £1300 in the account , which had been funded to almost £400, 000. (That figure is correct !)
Since then, they have made a derisory offer of compensation , which I have refused. I am now having to try to recover the losses via the Cyprus regulator (Cysec), once i obtain my complaints reference number from LegacyFX.
PLease, please keep away from LegacyFX. They are unscrupulous criminals !
Let's start with adding your story as a review https://www.forexpeacearmy.com/forex-reviews/16685/legacyfx-forex-brokers then follow the below suggestions.

Invite the company by using the invite company option to your thread. And if you are unable to locate the option then this thread "Tutorial: How to Invite a company to your thread." will help you to find out.

Note: The invitation button will be enabled when your first post reaches 4 days old.
Note 2: Make sure to share your account number (Only account number). Many time this help companies to find out you are genuine or not.
Note 3: Make sure to follow the suggestions correctly, when you do it correctly you will get the below message in your thread automatically.

OP Screen shot.jpg
 

percy vere

Recruit
Messages
6
An update on the situation with Legacy FX. As of today 5th April 2021, despite numerous requests by phone and text, I have still not received a complaint reference number. Communication with their Senior analyst Chris Miller has totally ceased, he does not answer his phone or messages. In any case, all he ever made was false promises and procrastination.
Last week I received a call from “Andrew” in the compliance department, who promised that he would review the situation with his senior management and get back to me. Since then - NOTHING.
I am now going down the legal route with Cypriot Lawyers, I will report back again as soon as I have further information.
Meanwhile, all you traders, take heed of my mistake, and give Legacy a wide berth !
 

Mrdutchrim

Private
Messages
14
They say its your account your responsibility if you choose to follow there trades or not. Learn to trade on your own if you cant accept losing on there trades
 

SteveFcKay

Recruit
Messages
6
I have been trading with LegacyFX since May 2020. The trades were put forward by their Senior Account Managers, either Julian Bennet, or his superior Chris Miller. They set up the trades either by whatsapp chat or message, or via Anydesk connecting to my PC. However, although they suggested the trades, I always had to press the button to initiate the trade, (therefore absolving them of all responsibility, according to them.) They did not use any stop loss on any of the trades, and discouraged me from using them. The result is that on 16th February 2021, without any warning, the account imploded completely, leaving £1300 in the account , which had been funded to almost £400, 000. (That figure is correct !)
Since then, they have made a derisory offer of compensation , which I have refused. I am now having to try to recover the losses via the Cyprus regulator (Cysec), once i obtain my complaints reference number from LegacyFX.
PLease, please keep away from LegacyFX. They are unscrupulous criminals !
We would love to hear your whole story if it is not too painful to go over again. How you heard about them and what the exact conditions were and how they explained themselves etc. Just if you get the chance.
 
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