LegacyFX is a forex broker established in 2017 and registered with SySEC (Cyprus), and VFSC (Vanuatu).
LegacyFX offers MetaTrader 5 platform also accessible by web or using mobile apps. Over 200 CFD trading instruments are available including Forex, Stocks, Indices, Commodities, and Cryptocurrencies.
Additional features offered are signal service, AutoChartist plugin for MT5, market analysis, and news and trading opportunities.
Please read LegacyFX Reviews below and share live trading experiences with this broker.
|Minimum Trade Size:||0.01|
|Minimum to Open Live:||$500|
|Address:||Govant Building, Kumul Highway, P.O.Box 1276 Port Vila, Vanuatu|
|Regulators:||CySEC #344/17, VFSC #14579|
|Trading platforms:||MT5, WebTrader, MobileTrader (MobileApp)|
|Web Trading:||✅ Yes|
|Mobile Trading:||✅ Yes|
|Cryptocurrencies:||(4) Bitcoin, Litecoin, Ethereum|
|CFD:||(135+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities|
|Deposit Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, Neteller, Skrill, UnionPay|
|Withdrawal Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, Neteller, Skrill, UnionPay|
Recent User Reviews of LegacyFX
ok, not bad
No Problems have taken Trading Acc UP x 6
These people are unscrupulous fraudsters. KEEP WELL AWAY !
I am in the process of contacting the Cyprus FCA, and financial ombudsman of Cyprus, to look into my case, and hopefully stop these people from trading, and scamming anyone else. Beware in the U.K.,as they also have a temporary licence to ply their trade in the U.K.,although I have also alerted the FCA in London of their modus operandi.
Dec 11, 2020
Thank you for taking the time to post a review about LegacyFX.
LegacyFX is an established and trusted broker, while a trader may not be satisfied with the results of his/her own trading, that does not mean they were not treated fairly by the service provider. Trading forex does carry a high level of risk and the investor must be aware that they could either profit or lose their invested capital. The market does fluctuate and could become very volatile at times.
All trades are conducted according to our Terms and Conditions, which you signed and agreed to.
In case you need any further clarification , please contact us at Support@LegacyFX.com
The Support Team.
Extremely Bad Experience with such amateurs
Now the second bad thing about them is... there spreads are EXTREMELY high. Moreover, the minimum lots is very high as well compared to other competitors
When you ask about their bad review, they will tell you... even samsung and apple has bad reviews. Its funny how they link themselves to such huge companies. But I can assure you the bad reviews are not based on nothing. Those guys know how to manipulate facts to get you into wrong trades and/or maybe they are just guessing. Eventually, all those setups blew off my account.
Thank you for taking time to post a review about Legacyfx.com. Trading Forex carries a high level of risk and it may not be suitable for all investors since you may lose all your invested capital. The account holder is responsible for the trades placed in his/her own trading account, which is listed in our Terms and Conditions which you agreed to. However, we cannot find you in our system, please contact our Support Department and provide your email address or account number, so we can assist you.
The Support Team.
Do not trust them
All their trades has commission, they do not care if you lose or win.
Thank you for taking time to post a review about Legacyfx.com. Trading Forex carries a high level of risk and it may not be suitable for all investors since you may lose all your invested capital. The account holder is responsible for the trades placed in his/her own trading account, since you are the only one that has access to the account. If you may need any further clarification please contact us at firstname.lastname@example.org Best Regards, The Compliance Team.
Has been good
What else you call scam if not this co.
Thank you for placing a review about Legacyfx.com.
The Forex market carries a high level of risk and can be very volatile at times. All trades are conducted according to our Terms and Conditions, which you signed and agreed to. While a trader may not be satisfied with the results of his/her own trading that does not mean you were not treated fairly by your account manager.
If you may need any further assistance, please do not hesitate to contact us at email@example.com.
The Compliance Team.
Really fast to set up and payoffs are asap
Scammers to get to Trade like that so u need to put money in everytime
Firsts they have no Clue of something Call Risk Management .
i am with them from Sep-2020
At first start with contact availability apart from they can call you from VOIP which no one call back.
one person So called ACCOUNT MANAGER ( Same Person with different names to Different People)
First they will say Lets start with 250
I deposit 5K and Drunk Guy ( Oliver) have no clue apart from just asking to deposit and deposit and Deposit.
every call they make u is for Deposit.
their real business is Not making Trader money but make money on Deposits of people.
Their Spread is way too high.
i can honelty tell you these guys have no clue what to do just words and words.
I end up adding 6 K more and Lost all my money.
Its my request dont put even signle penny in this company.
i will proper complaint to FCA as well.iGot all proofs with me .
I will make sure they loose their licence if they have any in UK.
for Withdrawal it will take u 10 days . forget about it. if any one wants to see their money last time please part of this company.
And i am not writing all this in anger but to save others from these scammers and idiots sitting there to make u end up in sitution to loose all or need to add money so they can make big chunk of commission on your deposit. as So Called Account manger makes 10% or more on our deposit.
so its deposit game.
Thank you for placing a review about Legacyfx.com. We are very sorry the market did not go in the direction you expected. While a trader may not be satisfied with the results of his/her own trading that does not mean they were not treated fairly by your account manager. The Forex market carries a high level of risk and can be very volatile at times. The lot size of 0.1 is the minimum and standard size when trading commodities. All trades are conducted according to our Terms and Conditions, which you signed and agreed to. If you may need any further assistance, please do not hesitate to contact us at firstname.lastname@example.org.
The Compliance Team.
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Frequently Asked Questions
What is LegacyFX?
- Gold CFDs
- Oil CFDs
- Crypto CFDs
- Stock CFDs
- Indices CFDs
Is Legacy FX legit?
Being regulated doesn't automatically mean it is legit, it means there is a place to report or complain when it is needed.
The best way to understand if LegacyFX is a legit or good broker is to read the unbiased traders reviews on ForexPeaceArmy. https://www.forexpeacearmy.com/forex-reviews/16685/legacyfx-forex-brokers
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
Additionally, we'd recommend to check recent LegacyFX community discussions: https://www.forexpeacearmy.com/community/tags/legacyfx/