LegacyFX Review 2025

What is LegacyFX?

LegacyFX is a trading broker that offers contract for differences (CFDs) on stocks, commodities, indices, metals, cryptocurrencies and forex trading. CFDs are derivatives that allow traders to speculate on the price movements of an underlying asset without owning it. LegacyFX is regulated by the International Financial Services Commission (IFSC) of Belize and has been operating since 2017. Some of the features and benefits of LegacyFX are:. It offers a variety of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader. MT4 and MT5 are the most popular platforms among forex traders, as they provide advanced charting tools, technical indicators, automated trading systems, and market news. WebTrader is a web-based platform that allows traders to access their accounts from any browser. It provides competitive trading conditions, such as no rollover fees on long-term positions, negative balance protection, segregated client funds, swap-free accounts for Islamic traders, and low spreads and commissions. It has a dedicated education section on its website, where traders can find tutorials for beginners and sophisticated educational tools for advanced traders. The education section covers topics such as forex basics, technical analysis, risk management, trading psychology, and more. It also offers a unique Safe Mode Program that allows traders to trade with peace of mind by using a special mode that limits their losses in case of adverse market movements. The Safe Mode Program also enables traders to access premium tools such as Autochartist and Trading Central. It supports crypto trading with superior functionalities and trading tools. Traders can trade over 40 cryptocurrencies on LegacyFX’s platform with low spreads and high leverage. Crypto trading also comes with features such as margin trading, copy trading, arbitrage opportunities, and market analysis. LegacyFX is a trusted broker that aims to make trading possible for everyone. Whether you are a beginner or an experienced trader, you can find the right platform and tools to suit your needs and preferences on LegacyFX’s website. You can also join one of its PAMM accounts to discover new opportunities by either being a manager of other people’s funds or as an investor following an established trader.

What is the Review Rating of LegacyFX?

What are the Pros of LegacyFX?

LegacyFX, a Vanuatu-based brokerage firm established in 2012, has been recognized globally for its services. Here are some of the key advantages:. Trading Platform: LegacyFX uses the popular MetaTrader5 (MT5) software from MetaQuotes as its trading platform. This platform is known for its robust features, including automated trading. Variety of Trading Instruments: LegacyFX provides over 200 trading instruments. In addition to forex trading, it offers contracts for difference (CFDs) on spot gold, oil, cryptocurrencies, indices, and stocks. Account Protection: LegacyFX provides its clients with segregated accounts with negative balance protection. This means the clients’ funds are kept separate from the company’s funds, providing an extra layer of security. Educational Resources: LegacyFX has extensive resources for beginning traders and offers a variety of account types to fit the needs of traders at all levels of experience. It also provides free trading tools like indicators and trading signals. Copy and Algorithmic Trading Services: LegacyFX offers copy trading and algorithmic trading services. These services can be beneficial for both novice and experienced traders. Language Support: International traders benefit from LegacyFX’s platforms and interface that can be accessed in English, Spanish, Arabic, German, and Russian. Trust Score: LegacyFX has a trust score of 94 out of 99. , indicating a high level of reliability. However, it’s important to note that LegacyFX does not accept clients from the United States or Canada. , and it has a somewhat high minimum deposit compared to other forex brokers at $500.

What are the Cons of LegacyFX?

LegacyFX, a Vanuatu-based brokerage firm, has been in operation since 2012 and has garnered multiple awards for its services. However, like any other financial institution, it has its share of drawbacks. Here are some of the cons associated with LegacyFX:. Geographical Restrictions: LegacyFX does not accept clients from the U.S. or Canada. This limitation restricts the broker’s reach and prevents potential clients in these regions from accessing its services. High Minimum Deposit: Compared to other forex brokers, LegacyFX has a somewhat high minimum deposit. The broker requires a minimum deposit of $500. , which might be a barrier for novice traders or those with limited capital. Limited Customer Support: LegacyFX’s customer support is not available at night and on weekends. This could be inconvenient for traders who operate in different time zones or those who prefer to trade during off-peak hours. Lack of Certain Trading Features: LegacyFX does not allow hedging. Additionally, it does not offer negative balance protection or guaranteed stop loss. These features are important for managing risks in forex trading. Restrictions on Stock Trading: Stock trading is not available to Standard and Bronze account holders. This limits the trading options for clients with these account types. While LegacyFX offers a range of services, including access to trade contracts for difference (CFDs) on spot gold, oil, cryptocurrencies, indices, and stocks. , the aforementioned drawbacks may influence a trader’s decision to choose this broker. As always, potential clients should conduct thorough research and consider their individual trading needs before choosing a forex broker.

What are the LegacyFX Current Promos?

LegacyFX, a multi-regulated, award-winning broker, offers a variety of promotions and features that cater to the needs of forex traders. Here are some of the key offerings:. Safe Mode Program: This exclusive program is designed to maximize your results and minimize your losses. It provides traders with peace of mind, allowing them to trade more confidently. MT5 Trading Platforms: LegacyFX provides access to the MetaTrader 5 (MT5) platform, which is widely used in the forex trading community. It’s available for iOS, Android, Web, and Desktop. PAMM Account: LegacyFX offers a PAMM account option, which allows traders to discover new opportunities by either managing other people’s funds or investing and following an established trader. Educational Resources: LegacyFX provides unique tutorials for beginners and sophisticated educational tools for advanced traders, designed to help you trade at the highest level. Competitive Trading Conditions: Through their Safe Mode Program and zero fees on deposits and withdrawals, LegacyFX offers advanced trading conditions. Crypto Trading: LegacyFX also offers superior functionalities and trading tools for tackling the cryptocurrency market. Please note that the minimum deposit required to open a LegacyFX Account is $500 USD. They offer seven different live trading accounts: Standard, Bronze, Silver, Gold, Platinum, Premium, and VIP. The VIP Account is a customized account option. Remember, forex trading involves significant risk, and it’s important to understand the terms and conditions of any promotions or features offered by a broker.

What are the LegacyFX Highlights?

LegacyFX is a multi-regulated, award-winning, and leading broker trusted by clients and global financial institutions. Here are some of the highlights:. Multi-Asset Investment Brokerage: LegacyFX is a multi-asset investment brokerage that offers trading in assets such as Forex and CFDs. Educational Content: LegacyFX provides educational content through online video seminars. They offer unique tutorials for beginners and sophisticated educational tools for advanced traders. Trading Platforms: LegacyFX uses the MetaTrader 5 (MT5) platform, which is the world’s most widely used forex trading platform. It is available for iOS, Android, Web, and Desktop. Safe Mode Program: LegacyFX offers a Safe Mode Program to maximize results and minimize losses. PAMM Account: LegacyFX provides the opportunity to join a PAMM Account. This allows clients to discover new opportunities by either being a manager of other people’s funds or as an investor following an established trader. Partnerships: LegacyFX has an official FX Partnership with the Spanish football club, Real Betis Balompié. Company Highlights: LegacyFX regularly updates promotions, events, news, and major updates directly. Please note that trading Forex and CFDs is risky, and there is a risk of losing all your invested capital. This information is not investment advice and is intended for informational purposes only. Always do your own research before making any investment decisions.

Is LegacyFX Legit and Trustworthy?

LegacyFX is a forex broker that claims to offer a wide range of trading instruments, low spreads, and various account types. However, is LegacyFX legit and trustworthy? In this article, we will examine the pros and cons of LegacyFX based on the available information from different sources. Pros of LegacyFX. LegacyFX is regulated by the Vanuatu Financial Services Commission (VFSC). , which is a reputable regulator in the offshore financial sector. The VFSC has strict rules and standards for its licensees, such as maintaining adequate capital, segregating client funds, and reporting suspicious activities. LegacyFX offers over 250 instruments across several asset classes, including forex, metals, indices, commodities, cryptocurrencies, and stocks. This gives traders a lot of options to diversify their portfolio and trade according to their preferences. LegacyFX has very low spreads starting from 0 pips on its ECN account. This means that traders can enjoy tight margins and high profitability. LegacyFX also offers no commissions on its ECN account. LegacyFX has multiple account types to suit different trading styles and needs. The minimum deposit for its standard account is $100, while the minimum deposit for its ECN account is $500. The maximum leverage for both accounts is 1:500. LegacyFX also offers Islamic accounts for Muslim traders who follow Sharia law. LegacyFX provides various educational resources and tools for traders to improve their skills and knowledge. These include webinars, videos, articles, ebooks, glossary, market analysis, trading signals, and a private club with VIP signal providers. Cons of LegacyFX. LegacyFX does not have any Tier 1 regulation from reputable authorities such as the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC) in Australia. These regulators are known for their stringent oversight and protection of investors’ rights. Tier 1 regulation also enhances the credibility and trustworthiness of a broker among other brokers and clients. LegacyFX does not have any Tier 2 or Tier 3 regulation from other jurisdictions such as Japan or Singapore. These regulators are also considered reliable and reputable in the global financial market. Tier 2 or Tier 3 regulation may provide some additional benefits or guarantees for traders who choose to trade with a broker that operates in these regions. LegacyFX does not have any customer support channels other than email support. This may limit the accessibility and responsiveness of traders who encounter any issues or queries with their accounts or services. Some traders may prefer to contact their brokers via phone or live chat instead of email. LegacyFX has received mixed reviews from its customers on various platforms such as Trustpilot. , Forex Suggest. , ForexBrokers.com. , iotspynet.com. , etc. Some customers have praised LegacyFX for its low spreads, high leverage, educational materials, trading signals, etc., while others have complained about its withdrawal issues, account closure without notice, poor customer service, etc. Conclusion. Based on our analysis of the pros and cons of LegacyFX above, we can conclude that LegacyFX is a legit forex broker that offers some attractive features and benefits for traders who are looking for an offshore broker with low spreads and various instruments. However, we also recommend that traders exercise caution and due diligence before choosing to trade with LegacyFX. Some of the factors that traders should consider are:. The regulatory status of the broker. The customer support options available. The reputation and feedback from other customers. The terms and conditions of the trading platform. We hope this article has helped you gain more insight into.

Is LegacyFX Regulated and who are the Regulators?

LegacyFX is a well-known entity in the forex trading industry. It is regulated by multiple authorities, ensuring a high level of trust and reliability for its users. Regulatory Authorities:. LegacyFX is primarily regulated in Cyprus. The Cyprus Securities and Exchange Commission (CySEC) is a major regulatory authority that oversees the operations of forex brokers in Cyprus. In addition to CySEC, LegacyFX is also regulated by the Vanuatu Financial Services Commissions (VFSC). VFSC is the financial regulatory authority of Vanuatu. Furthermore, LegacyFX is authorized by a Tier-1 regulator, which is considered highly trusted. It is regulated in the European Union via the MiFID passporting system. Trust Score: LegacyFX has a trust score of 67 out of 99. This score is considered high risk. It’s important for traders to understand that while LegacyFX is regulated by reputable authorities, trading in forex and other complex instruments comes with a high risk of losing money rapidly due to leverage. Offerings: LegacyFX offers a wide range of trading instruments. It provides access to 425 CFDs across various popular asset classes, including equities, ETFs, commodities, metals, forex, and cryptocurrencies. In conclusion, LegacyFX is a regulated forex broker with multiple regulatory authorities overseeing its operations. However, potential traders should be aware of the risks involved in forex trading.

Did LegacyFX win any Awards?

LegacyFX, a multi-asset trading specialist, has indeed been recognized with numerous awards since its inception. These accolades reflect the company’s commitment to excellence in various aspects of forex trading. Best Trading Education: LegacyFX’s dedication to trader education has been acknowledged multiple times. They were awarded the ‘Best Trading Education’ at the Mena Awards 2022. Most Innovative Forex Broker: The company’s innovative approach to forex trading has also been recognized. They were named the ‘Most Innovative Forex Broker’ at the Africa Awards 2022. Best Forex Broker: LegacyFX’s quality of service has led to them being named the ‘Best Forex Broker’ in the Middle East at the DailyForex.com 2019 Awards. , and in Western Europe at the 2021 Awards. Best STP Forex Broker: The company was awarded the ‘Best STP Forex Broker’ at the AtoZ Markets 2020 Awards. Best Trading Signals Provider: LegacyFX’s trading signals have been highly rated, earning them the ‘Best Trading Signals Provider’ at the PipsoFX.com 2021 Awards. and the TejaraForex.com 2021 Awards. Broker of the Year: In 2021, LegacyFX was named ‘Broker of the Year’ at the PipsoFX.com Awards. Fastest Growing Forex Trading Platform: The company’s growth has been acknowledged at the globalbrandsmagazine.com Cyprus 2020 Awards. Most Trusted Trading Education Provider: LegacyFX’s educational offerings were deemed the most trustworthy at the UAE Awards 2022. Most Transparent Forex Broker: The company’s transparency was recognized at the Europe Awards 2022. These awards, among others, highlight LegacyFX’s commitment to providing a high-quality, transparent, and innovative forex trading experience. Their continuous efforts to improve and expand their services have been recognized by various organizations, further solidifying their reputation in the forex trading industry.

How do I get in Contact with LegacyFX?

LegacyFX, a renowned name in the forex trading industry, offers multiple channels for potential traders, existing clients, and partners to get in touch with them. Email Communication LegacyFX provides several email addresses for different purposes. For general support, you can reach out to Support@legacyfx.com. For compliance-related queries, you can email Compliance@legacyfx.com. If you have any complaints, you can send them to Complaints@legacyfx.com. For dealing-related queries, you can contact Dealing@legacyfx.com. If you’re interested in their affiliate program, you can email Affiliate@legacyfx.com. Phone Support You can also reach out to LegacyFX via phone. Their customer service is available from Monday to Friday, 8:00 to 24:00 (GMT+3). The contact number is +41315087455. Office Address If you prefer to contact them via traditional mail, their office is located at the Govant Building, Kumul Highway, P.O.Box 1276, Port Vila, Republic of Vanuatu. Social Media LegacyFX is also present on various social media platforms. You can follow them there for the latest updates. Please note that it’s important to choose the right communication channel based on your specific needs to ensure your queries or concerns are addressed effectively. Always remember to keep your communication professional and concise for the best response.

Where are the Headquarters from LegacyFX based?

LegacyFX, a renowned name in the world of forex trading, operates from two primary locations. The first location is in the Republic of Vanuatu, specifically at the Govant Building, Kumul Highway, P.O.Box 1276, Port Vila. This Pacific island nation is known for its robust financial services sector and favorable business environment. The second location is in Larnaca, Cyprus. Cyprus, a member of the European Union, is recognized for its strong regulatory framework, particularly in financial services. This location is significant as LegacyFX received its CySEC licence in 2017, which covers trading within the EU. These strategic locations enable LegacyFX to cater to a wide range of clients across different geographical regions, offering over 200 leading assets in the financial markets. The company’s commitment to transparency and client satisfaction has made it a preferred choice for many forex traders worldwide. Please note that this information is accurate as of the last update and may be subject to change. For the most accurate information, please visit the official LegacyFX website or contact their customer service directly.

What kind of Customer Support is offered by LegacyFX?

LegacyFX, a worldwide brand holding a trademark registry under AN ALL NEW INVESTMENTS (VA) LIMITED, offers a comprehensive customer support system. This investment firm is regulated by the Vanuatu Financial Services Commission (VFSC), under license number 14579. The customer service at LegacyFX operates from Monday to Friday, 8:00-24:00 (GMT+3). They provide multiple channels for communication, ensuring that customers can reach out to them conveniently. Email Support: LegacyFX provides various email addresses for different types of inquiries. These include: Support@legacyfx.com for general support. Compliance@legacyfx.com for compliance-related issues. Complaints@legacyfx.com for lodging complaints. Dealing@legacyfx.com for dealing-related queries. Affiliate@legacyfx.com for affiliate-related inquiries. Phone Support: Customers can also reach out to LegacyFX via phone. The contact number provided is +41315087455. Social Media: LegacyFX maintains a presence on various social media platforms, providing another avenue for customers to get in touch. . LegacyFX is committed to providing a safe and reliable trading environment for its customers. They offer a Safe Mode Program to maximize trading results and minimize losses. LegacyFX also provides educational resources for both beginners and advanced traders through the LegacyFX Academy. This includes unique tutorials and sophisticated educational tools designed to help traders operate at the highest level. Customer testimonials highlight the excellent customer care and support services offered by LegacyFX. These include direct trading signals to your email, technical analyses to your inbox, and more. Overall, LegacyFX’s customer support system is designed to provide a seamless and efficient trading experience for its customers.

Which Educational and Learning Materials are offered by LegacyFX?

LegacyFX offers a comprehensive suite of educational and learning materials designed to cater to both beginners and advanced traders in the forex market. For Beginners: LegacyFX provides a range of resources specifically tailored for beginners. These include introductory courses that cover the basics of the Forex Market and Basic Forex Terms. The aim is to provide beginners with a strong, solid base of knowledge that will ultimately transform into success in trading and profits. For Advanced Traders: For more experienced traders, LegacyFX offers sophisticated educational tools. These resources are designed to help traders refine their strategies and stay updated with the latest market trends. Key Features of LegacyFX’s Educational Materials:. Trading Journal: LegacyFX emphasizes the importance of maintaining a trading journal where traders record all of their positions, whether they are profitable or loss positions. This can be a valuable tool for self-assessment and continuous learning. Trading Platform: LegacyFX provides access to the MetaTrader5 trading platform. This platform is where all sell and buy trades are executed in the forex market. Continuous Learning: LegacyFX believes in continuous learning. As long as you keep trading, you keep learning new things and expanding yourself in the process of becoming a better trader. Goal Setting: LegacyFX encourages traders to define clear goals first. It will help traders to stay focused and strengthen the desire to obtain a proper education. LegacyFX’s educational materials are designed to provide traders with the knowledge and skills they need to navigate the forex market successfully. Whether you’re a beginner just starting out or an experienced trader looking to refine your strategies, LegacyFX has resources to support your trading journey.

Can anyone join LegacyFX?

LegacyFX, a multi-asset broker established in 2017, offers a wide range of financial instruments including Forex, commodities, cryptos, stocks, and indices. It is regulated by the Vanuatu Financial Services Commission (VFSC), the CySEC (Cyprus), and the National Bank of the Republic of Belarus (NBRB). To join LegacyFX, there are certain requirements that need to be met. The minimum deposit requirement is $500. The broker offers various trading platforms including MT5, TradingView, AutoChartist, and TradingCentral. LegacyFX also provides free market signals and a selection of free trading tools and educational resources. These resources are particularly beneficial for beginners who are looking to understand and learn how to trade. In addition to these, LegacyFX has a loyalty membership program. To qualify for this program, a user must meet certain criteria such as a specific number of transactions, equity, trades, and referrals or positive posts/reviews within a 30-day period. It’s important to note that while anyone can join LegacyFX, success in trading requires dedication, self-control, and continuous learning. As with any other business, one never stops learning in Forex trading. Therefore, potential traders should be prepared to invest time and effort into learning about Forex and trading in general.

Who should sign up with LegacyFX?

LegacyFX is a multi-regulated, award-winning broker that offers a variety of services to its clients. Here are some categories of individuals who might find LegacyFX particularly beneficial:. 1. Forex Traders LegacyFX provides a platform for trading FX, Stock Indices, Gold, and Oil. This makes it an excellent choice for Forex traders, both beginners and experienced ones. The platform is user-friendly and offers fast-paced deposits, trading, and withdrawals. 2. Corporate Entities LegacyFX offers a Corporate Account option. This could be beneficial for businesses looking to diversify their investment portfolio or hedge against market volatility. 3. Beginners in Trading LegacyFX provides free educational sessions and personal mentorship. This makes it a great choice for individuals who are new to trading and would benefit from guided learning. 4. Advanced Traders For advanced traders, LegacyFX offers sophisticated educational tools designed to help you trade at the highest level. They also provide daily market analysis, trading signals, and access to Autochartist premium tools. 5. Investors and Fund Managers LegacyFX offers a PAMM Account service. This service allows investors to follow an established trader, and fund managers to manage other people’s funds. 6. Crypto Enthusiasts LegacyFX provides superior functionalities and trading tools for tackling the cryptocurrency market. In conclusion, LegacyFX is a versatile platform that caters to a wide range of individuals. Whether you’re a beginner looking to learn, an advanced trader seeking sophisticated tools, or a corporate entity aiming to diversify, LegacyFX could be a good fit. As always, potential users should do their own research and consider their financial situation and risk tolerance before signing up with any trading platform.

Who should NOT sign up with LegacyFX?

LegacyFX is a regulated broker that offers forex and CFD trading. However, it may not be suitable for everyone. Here are some categories of people who might want to reconsider signing up with LegacyFX:. 1. Traders who prioritize regulatory oversight: LegacyFX’s recent lapse of FCA license has brought down its Trust Score. It is primarily regulated in Cyprus. , which might not provide the same level of oversight as regulators in other jurisdictions. 2. Traders who prefer detailed educational content: LegacyFX’s educational content is heavily video-focused. Its ebooks lack detail, and the educational user interface is outdated. Traders who prefer comprehensive written materials for learning might find this a drawback. 3. Traders who value transparency in trading costs: LegacyFX does not publish average spread data, making it difficult to assess trading costs. The spreads for the Silver account appear expensive at 1.6. 4. Traders who require smooth withdrawal processes: Some users have reported issues with withdrawing funds. They have mentioned that LegacyFX charges a fee even after a withdrawal request is submitted. 5. Traders who need reliable trading platforms: There have been instances where users were unable to open trades due to the company ceasing trading. This could be a significant issue for traders who need to react quickly to market movements. In conclusion, while LegacyFX might be a suitable platform for some, it may not meet the needs of all traders. Potential users should carefully consider these points before deciding to sign up with LegacyFX.

Does LegacyFX offer Discounts, Coupons, or Promo Codes?

LegacyFX, a renowned player in the forex market, offers a variety of promotions and incentives to its clients. Here are some of the key offerings:. Safe Mode Program: This program allows up to 3 reversible trades, helping traders to maximize their results and minimize losses. Refer a Friend: LegacyFX encourages its users to refer their friends to the platform. As a token of appreciation, they offer up to 10% of the referee’s deposit transferred automatically to the referrer’s account. Zero Fees: LegacyFX offers zero fees on deposits and withdrawals for all account types. Loyalty Program: LegacyFX values its long-term clients and partners. To reward their loyalty, they have a program that offers various awards. Please note that these promotions are subject to change and it’s always a good idea to check the official LegacyFX website for the most up-to-date information. Remember, trading in forex involves risk, and it’s important to understand the terms and conditions before participating in these programs. Happy trading!.

Which Account Types are offered by LegacyFX?

LegacyFX is a forex broker that offers various account types for its clients, depending on their initial deposits and trading preferences. Here is a summary of the account types offered by LegacyFX, along with some of their features and benefits:. Standard Account: This is the basic account type for beginners who want to trade forex with low spreads and commissions. The minimum deposit required to open this account is $500 USD, and the leverage is 30:1. The standard account offers swap-free trading, live support, trading academy, commodities auto-charting tool, 3 protected trades, trading psychology, stocks basic analysis, basic mentoring, premium ideas, personal success goal, direct dealing desk, trading plan, dealing room and direct line. Bronze Account: This is the intermediate account type for traders who want to trade forex with higher leverage and more opportunities. The minimum deposit required to open this account is $1,000 USD, and the leverage is 30:1. The bronze account offers swap-free trading, live support, trading academy, commodities auto-charting tool, 3 protected trades, trading psychology, stocks basic analysis, basic mentoring, premium ideas and personal success goal. Silver Account: This is the advanced account type for experienced traders who want to trade forex with even higher leverage and more benefits. The minimum deposit required to open this account is $3,000 USD. The silver account offers swap-free trading, live support and trading academy. It also includes commodities auto-charting tool (7 protected trades), trading psychology (advanced mentoring), stocks basic analysis (basic mentoring), premium ideas (premium ideas), personal success goal (personal success goal) and direct dealing desk (direct dealing desk). Gold Account: This is the elite account type for professional traders who want to trade forex with the highest leverage and the most exclusive services. The minimum deposit required to open this account is $5,000 USD. The gold account offers swap-free trading (5 protected trades), live support (live support), trading academy (trading academy), commodities auto-charting tool (5 protected trades), trading psychology (advanced mentoring), stocks basic analysis (basic mentoring), premium ideas (premium ideas) and personal success goal (personal success goal). Platinum Account: This is the ultimate account type for sophisticated traders who want to trade forex with the highest leverage and the most personalized services. The minimum deposit required to open this account is $10,000 USD. The platinum account offers swap-free trading (7 protected trades), live support (live support), trading academy (trading academy), commodities auto-charting tool (7 protected trades), trading psychology (advanced mentoring) and stocks basic analysis. It also includes a direct dealing desk where you can communicate directly with a senior trader. Premium Account: This is a customized account option for traders who want to trade forex with their own terms and conditions. You can choose from a variety of accounts that suit your needs. You can also enjoy all the benefits of the platinum account plus access to a dedicated relationship manager. VIP Account: This is another customized account option for traders who want to trade forex with their own terms and conditions. You can choose from a variety of accounts that suit your needs. ^ 2. You can also enjoy all the benefits of the platinum account plus access to a dedicated relationship manager. ^ 2. Additionally, you can get exclusive bonuses such as free education courses, free webinars, free market analysis reports, free technical analysis reports, free economic calendar, free news updates, free tips and free updates. I hope this answer helps you understand the different account types offered by LegacyFX in detail. If you are interested in opening an account with LegacyFX or learning more about their services, you can visit their website.

How to Open a LegacyFX DEMO account?

Opening a LegacyFX DEMO account is a straightforward process. Here’s a step-by-step guide:. Navigate to the LegacyFX homepage: The first step is to visit the LegacyFX homepage. This is where you’ll find all the information you need about LegacyFX and its offerings. Click on the demo account button: Once you’re on the homepage, look for the demo account button. It’s usually located on the middle left of the page. Fill out the form: After clicking on the demo account button, you’ll be taken to an online registration form. Here, you’ll need to provide your full name, email address, and phone number. You’ll also need to create a password for your demo account. Submit the form: Once you’ve filled out all the necessary information, submit the form. After submission, you should receive a confirmation email. Start trading: Once your demo account is set up, you can start exploring the platform and practicing your trading strategies. Remember, a demo account is a great way to familiarize yourself with the platform and practice trading strategies without risking real money. It’s an invaluable tool for both beginner and experienced traders alike. Please note that the exact process may vary slightly depending on your location and the specific version of the LegacyFX website you are using. Always ensure you’re on the official LegacyFX website before providing any personal information.

How Are You Protected as a Client at LegacyFX?

LegacyFX, a forex and CFD trading broker, provides several layers of protection to its clients. Regulation and Compliance LegacyFX is regulated by multiple top-tier authorities, including CySEC (Cyprus), FCA (UK), BaFin (Germany), VFSC (Vanuatu), and NBRB (Belarus). This regulatory oversight ensures that the broker adheres to strict standards of operation, enhancing financial transparency and offering greater client protection. Segregated Accounts LegacyFX provides its clients with segregated accounts. This means that the clients’ funds are kept separate from the company’s assets, providing an additional layer of security. Negative Balance Protection In addition to segregated accounts, LegacyFX also offers negative balance protection. This feature protects clients from losing more money than they have deposited into their accounts. Trading Platform LegacyFX uses the popular MetaTrader5 (MT5) software from MetaQuotes as its trading platform. This platform includes automated trading features and provides access to free trading tools like indicators and trading signals. Diverse Trading Instruments LegacyFX offers over 200 trading instruments. In addition to forex trading, clients can trade contracts for difference (CFDs) on spot gold, oil, cryptocurrencies, indices, and stocks. Educational Resources LegacyFX provides extensive educational resources for traders at all levels of experience. These resources can help clients make informed trading decisions. Customer Support LegacyFX offers 24/7 customer service and support. This ensures that clients can get help whenever they need it. In conclusion, LegacyFX provides a secure and regulated environment for forex and CFD trading. Its features such as segregated accounts, negative balance protection, a robust trading platform, diverse trading instruments, educational resources, and round-the-clock customer support all contribute to providing a high level of protection for its clients.

Which Funding methods or Deposit Options are available at LegacyFX?

LegacyFX offers a variety of funding methods and deposit options for its clients. Here are some of the key details:. Deposit Methods:. International Options: These include base currencies like USD, EUR, GBP, JPY, CHF, AUD, RUB, PLN, HUF, SGD, ZAR with a maximum deposit per transaction of 10,000. The transaction is instant and available internationally. Country-Specific Options: For Germany, there are options available in EUR with a maximum deposit per transaction of up to 10,000. The transaction is instant. For the Netherlands, there are options available in EUR. Cryptocurrency Options: BTC, LTC, BCH, XRP are available with a maximum deposit per transaction of 200,000. The transaction is instant and available internationally. Withdrawal Methods:. International Options: These include base currencies like USD, EUR, GBP, JPY, CHF, AUD, RUB, PLN, HUF, SGD, ZAR with a maximum withdrawal per transaction of 10,000. The transaction takes 3-5 business days and is available internationally. Country-Specific Options: For Germany, there are options available in EUR with a maximum withdrawal per transaction of 5,000. The transaction is instant. For South Africa, there are options available in ZAR with a maximum withdrawal per transaction of 500,000. The transaction takes 3-5 business days. Cryptocurrency Options: BTC, LTC, BCH, XRP are available with a maximum withdrawal per transaction of 200,000. The transaction is instant and available internationally. Please note that withdrawals are processed 3-5 days upon your request in order to allow LegacyFX to complete various security checks before initiating payment. The time frame for receipt of the payment is dependent upon the payment method and processing time of the third-party remitter. In order to protect all parties against fraud and minimize the possibility of money laundering and/or terrorist financing, LegacyFX will only process withdrawal/refunds back to the source of the original deposit. Credit/Debit Card Withdrawals: All withdrawal requests submitted – regardless of the withdrawal method chosen – will be processed via this channel. E-wallet Withdrawals: Will be processed to the wallet address from where the initial deposit came from. Please note that LegacyFX does not subsidize currency exchange rate differences incurred by payment providers or financial institutions. When a client registers for either a demo or a live account with LegacyFX, the company is required to collect some personal data from its clients for business purposes. Such data collection is required by the company for regulation as well as fraud and anti-money laundering purposes.

What is the Minimum Deposit Amount at LegacyFX?

LegacyFX, a renowned player in the Forex market, offers a range of live trading accounts to cater to the diverse needs of traders. The minimum deposit required to open an account varies based on the type of account. Standard, Bronze, and Silver Accounts The minimum deposit for these accounts is $500 USD. These accounts are designed for beginners and intermediate traders who are still exploring the Forex market. Gold and Platinum Accounts For more experienced traders, LegacyFX offers Gold and Platinum accounts. The minimum deposit for a Gold account is $5,000 USD, while for a Platinum account, it’s $25,000 USD. LegacyFX ensures a smooth and secure transaction process for its clients. It covers all deposit and withdrawal transfer fees for payments made via various methods such as Neteller, Moneybookers, and all major credit cards. However, it does not subsidize currency exchange rate differences incurred by payment providers or financial institutions. Please note that the information provided here is based on the latest available data and may be subject to change. For the most accurate and up-to-date information, it’s recommended to visit the official LegacyFX website or contact their customer service.

Which Withdrawal methods are available at LegacyFX?

LegacyFX, a renowned Forex broker, offers a variety of withdrawal methods to cater to the diverse needs of its international clientele. Here are the details:. Credit/Debit Card: This method supports base currencies such as USD, EUR, GBP, JPY, CHF, AUD, RUB, PLN, HUF, SGD, and ZAR. The maximum withdrawal per transaction is 10,000. The processing time is typically 3-5 business days. E-Wallets: LegacyFX supports e-wallets like Neteller and Skrill. These methods support EUR, USD, and GBP as base currencies. The maximum withdrawal per transaction is 50,000, and the processing time is instant. Bank Transfer: This method supports USD, EUR, and GBP as base currencies. There is no limit on the maximum withdrawal per transaction. The processing time is typically 3-5 business days. Cryptocurrency: LegacyFX also supports cryptocurrency withdrawal methods like BTC, LTC, BCH, and XRP. The maximum withdrawal per transaction is 200,000, and the processing time is instant. Please note that the processing time for receipt of the payment is dependent upon the payment method and processing time of the third-party remitter. In order to protect all parties against fraud and minimize the possibility of money laundering and/or terrorist financing, LegacyFX will only process withdrawal/refunds back to the source of the original deposit. It’s important to mention that when you request a withdrawal from your LegacyFX account, the funds will be returned to the same method of payment that was used to initially fund the LegacyFX account, unless you pick an alternative LegacyFX withdrawal method. Please remember to review your information carefully before submitting a withdrawal request to avoid any delays. LegacyFX assumes no responsibility for errors or inaccuracies made by the account holder.

Which Fees are charged by LegacyFX?

LegacyFX, a well-regarded broker in the forex industry, charges a variety of fees that traders should be aware of. Minimum Deposit The minimum deposit required to open a LegacyFX Account is $500 USD. This broker provides 7 different live trading accounts, each with its own minimum deposit requirement. Here are the details:. Standard: $500 USD. Bronze: $1000 USD. Silver: $3000 USD. Gold: $5000 USD. Platinum: $10,000 USD. Premium: $25,000 USD. VIP: $50,000 USD. Spreads LegacyFX offers spreads starting from 0.5 pips. The actual spread can vary depending on the account type selected by the trader. Commissions LegacyFX offers commission-free trading, which means traders do not have to pay a separate fee for each trade. This can be a significant advantage for active traders who execute a large number of trades. Other Fees It’s important to note that while LegacyFX does not charge fees, commissions, or rollover on Islamic Accounts, sale and purchase transactions are implemented immediately in the market. All transactions are closed before 5:00 PM Eastern Standard Time and then reopened, so as to avoid interest on swap transactions. In conclusion, while LegacyFX offers competitive spreads and commission-free trading, potential traders should be aware of the minimum deposit requirements and other associated costs. As always, it’s recommended to thoroughly review the fee structure and terms of service of any broker before opening an account.

What can I trade with LegacyFX?

LegacyFX offers a wide range of trading options for its users. Here’s a detailed look at what you can trade with LegacyFX:. Forex and CFDs: LegacyFX provides a platform for trading Forex and CFDs. The MetaTrader 5 web platform allows you to trade on the Forex market with any browser and operating system with an internet connection. Stocks: LegacyFX also offers the opportunity to trade stocks. This allows users to participate in the global stock market and trade shares of companies from around the world. Futures: Futures trading is another option available on the LegacyFX platform. This involves buying or selling a particular commodity or financial instrument at a predetermined price at a specified time in the future. Cryptocurrencies: LegacyFX supports the trading of cryptocurrencies. This includes popular digital currencies like Bitcoin, Ethereum, and others. LegacyFX provides a variety of platforms for trading, including the LegacyFX MT5 Desktop Platform, LegacyFX MT5 Web Platform, and LegacyFX MT5 Mobile Platform. These platforms offer a range of features such as One-Click Trading, Optimized Strategy Testing, Fully Customizable Charts, and more. In addition to these trading options, LegacyFX also provides a range of tools and resources to assist traders. These include technical analysis tools, financial news, alerts, and push notifications. Traders can also stay up-to-date on economic events, data, and indicators in real-time. Please note that trading involves risk and it’s important to understand the risks involved before you start trading.

Which Trading Platforms are offered by LegacyFX?

LegacyFX offers a variety of trading platforms to cater to the diverse needs of traders. Here’s a detailed look at each of them:. 1. LegacyFX MT5 Trading Platforms LegacyFX provides the MetaTrader 5 (MT5) platform, which is widely used in forex trading. The MT5 platform is available in different versions to suit various devices and operating systems. Web Trader: The MT5 Web Platform allows traders to trade Forex and CFDs without installing or downloading any software application. It is accessible with any browser and operating system with an internet connection. Desktop: The MT5 Desktop Platform is designed to monitor and optimize the entire trading process by offering broad functionality. It is an institutional multi-asset platform offering outstanding trading possibilities and technical analysis tools. Android: The MT5 Android Platform allows trading of forex, stocks, futures, and much more anytime and anywhere. It includes Android-native options for all types of devices. iOS: The MT5 iOS Platform is a full-fledged trading app for iOS-powered mobile devices. It offers outstanding trading possibilities and technical analysis tools. 2. LegacyFX MT5 Mobile Platform The MT5 Mobile Platform offers several features to enhance the trading experience. These include:. More Pending Order Types: Traders can place eight types of pending orders for more precise control over open positions. Cryptocurrency Trading: MT5 supports the trading of cryptocurrencies with a set of new and unique crypto features. One-Click Trading: MT5 simplifies the process of opening a new position with a single click. More Technical Analysis Tools: MT5 includes additional technical tools, providing options to choose from over 21 timeframes for charting and nine additional techniques for chart structuring. Clear Segregation: MT5 allows segregation between the terms of the order, position, and transaction. Optimized Strategy Tester: It offers improved testing capabilities for expert advisors and detailed presentation of results. Improved EAs: MT5 has integrated MQL Forex market product tabs for EAs. Economic Calendar: Traders can now stay up-to-date on economic events, data, and indicators in real-time, every hour, for market monitoring. LegacyFX ensures a secure trading experience on these top platforms. It is important to note that the choice of trading platform can significantly influence a trader’s success in the market. Therefore, traders should choose a platform that best fits their trading style and needs.

Which Trading Instruments are offered by LegacyFX?

LegacyFX is a global forex broker that offers a wide range of trading instruments to suit different trading styles and preferences. Whether you are a beginner or a professional trader, you can find the right instrument for your needs at LegacyFX. Here are some of the trading instruments that LegacyFX offers:. Forex: LegacyFX gives you access to the forex market 24 hours a day, five days a week, allowing you to trade the most popular, major, minor, and exotic currency pairs. You can choose from over 140 currency pairs, including EUR/USD, GBP/USD, USD/JPY, AUD/USD, and more. You can also trade with leverage up to 1:1000 and enjoy low spreads and fast execution. CFDs on Stocks: LegacyFX allows you to diversify and upgrade your portfolio with stocks from around the world: Germany, the USA, the UK, and more. You can trade CFDs on over 1000 stocks across various sectors and industries. You can also benefit from high leverage up to 1:500 and access advanced charting tools and indicators. CFDs on Commodities: LegacyFX enables you to gain a competitive edge with quick access to the commodities market—trade on the price movements of metals, energies, oil products, and more. You can trade CFDs on over 20 commodities, including gold, silver, platinum, palladium, copper, oil (WTI), natural gas (Henry Hub), coffee (NYC), sugar (NYC), corn (NYC), wheat (NYC), soybeans (NYC), cotton (NYC), cocoa (NYC), rubber (NYC), and more. You can also leverage up to 1:200 for some commodities. CFDs on Indices: LegacyFX provides exposure to the major global stock indices via CFDs at competitive leverages. You can trade CFDs on over 12 indices from different regions of the world: S&P 500 (USA), NASDAQ-100 (USA), Dow Jones Industrial Average (USA), FTSE 100 (UK), DAX 30 (Germany), CAC 40 (France), Nikkei 225 (Japan), Hang Seng Index (Hong Kong SAR China Mainland Region), Shanghai Composite Index (China Mainland Region), Shenzhen Component Index (China Mainland Region), India Nifty 50 Index ,and Brazil Ibovespa Index .You can also leverage up to 1:500 for some indices. CFDs on Crypto: LegacyFX supports the trading of cryptocurrencies with a set of new and unique crypto features. You can trade CFDs on Bitcoin , Ethereum , Litecoin , Ripple , Bitcoin Cash , Dash , Monero , Zcash , Stellar Lumens , Cardano , Chainlink , Polkadot , Uniswap , Aave , Compound , MakerDAO , Compound Finance , Synthetix Network Token , Decentraland Token , Axie Infinity Shards Token .You can also leverage up to 1:3 for some cryptocurrencies. . As you can see, LegacyFX offers a variety of trading instruments that cater to different markets and strategies. Whether you want to trade forex for short-term profits or long-term growth; invest in stocks for capital appreciation or dividend income; diversify your portfolio with commodities for hedging or speculation; follow the trends of indices for market analysis or trend following; or explore the potential of cryptocurrencies for innovation or risk-taking; you can find it all at LegacyFX. If you are interested in opening an account with LegacyFX or learning more about their services and features; please visit their website or contact their customer support team. They will be happy to assist you with any questions or inquiries you may have.

Which Trading Servers are offered by LegacyFX?

LegacyFX offers a variety of trading platforms to cater to the diverse needs of traders. Here are the details:. LegacyFX MT5 Trading Platforms: This is the world’s most widely used forex trading platform. It offers one-click trading, optimized strategy testing, and fully customizable charts. It is available on PC, smartphones, tablets, and web-based platforms. Web Trader: The LegacyFX MT5 Web Platform allows you to trade Forex and CFDs without installing or downloading any software application. You can trade on the Forex market with any browser and operating system with an internet connection. Desktop: The MetaTrader5 for Desktop is designed to monitor and optimize your entire trading process by offering broad functionality. It is an institutional multi-asset platform offering outstanding trading possibilities and technical analysis tools. Android: The MetaTrader5 for Android allows you to trade forex, stocks, futures, and much more anytime and anywhere. It includes Android-native options for all types of devices. iOS: The MetaTrader5 iOS is a full-fledged trading app for iOS-powered mobile devices. It offers outstanding trading possibilities and technical analysis tools. Each of these platforms offers unique features such as more pending order types, cryptocurrency trading, one-click trading, more technical analysis tools, clear segregation, optimized strategy tester, improved EAs, and an economic calendar. Please note that LegacyFX server’s time and charts are GMT + 2 or GMT + 3 (when daylight savings is in effect). The server name for the LegacyFX-Demo MT4 is located in the United States.

Can I trade Crypto with LegacyFX? Which crypto currencies are supported by LegacyFX?

Yes, you can trade cryptocurrencies with LegacyFX. LegacyFX offers a form of cryptocurrency trading known as CFD (Contract for Difference). This form of trading allows traders to speculate on the fluctuating prices of cryptocurrencies and make a profit from their speculation without actually owning the asset. LegacyFX supports trading of the following cryptocurrencies. LTC/USD: Litecoin against US dollar. BCH/USD: Bitcoin Cash against US dollar. XRP/USD: Ripple against US dollar. BTC/USD: Bitcoin against US dollar. BTC/ETH: Bitcoin against Ethereum. ETH/USD: Ethereum against US dollar. In the context of forex, LegacyFX provides a platform for trading cryptocurrencies against major world currencies like the US dollar. This is similar to forex trading where traders speculate on the price movements of currency pairs. The significant difference between CFD and traditional cryptocurrency trading is that in CFD trading, the trader does not own the asset. There are two basic ways of trading Contract for Difference: going long and going short. Going long is when a trader expects the price of the digital currency they invest in to rise. On the other hand, going short is when a trader anticipates a drop in the price of a particular digital currency. LegacyFX offers both the web-based and downloadable desktop versions of MT5, the successor to the popular MT4. The software complements all levels of experience but is a particular favorite among advanced traders. Please note that trading in cryptocurrencies, like any other form of trading, involves risk. It’s important to understand the market and the trading platform before you start trading.

What is the Leverage on my LegacyFX Trading Account?

Leverage on LegacyFX Trading Account. Leverage is a trading tool that allows you to trade with more money than you have in your account. It is expressed as a ratio, such as 50:1, 100:1, or 500:1. This means that for every $1 you have in your account, you can trade up to $50, $100, or $500 respectively. LegacyFX is a forex broker that offers different leverage levels depending on the instrument you trade. According to their Leverage and Margin Policy, they offer the following leverage levels for their clients:. Major FX: 30:1 Minor FX: 20:1 Exotic FX: 20:1 Gold: 20:1 Major Indices: 10:1 Minor Indices: 10:1 Commodities (other than gold): 5:1 Shares and other reference values: 2:1 Cryptocurrencies: 5:1 . The margin level indicates how close your account is to a margin call. It is calculated as Equity/Initial Margin and is typically shown in percentage. For example, if your equity is $10,000 and your initial margin is $2,000, then your margin level is 50%. This means that your account has enough funds to cover the potential losses from your trades. The higher the leverage level, the higher the risk of losing more than your initial investment. Therefore, it is important to use leverage wisely and manage your risk accordingly. You should also be aware of the negative balance protection feature that LegacyFX offers. This means that if your account balance falls below a certain threshold (currently $50), you will not be able to open any new trades until you restore your balance. If you want to learn more about leverage and margin trading with LegacyFX, you can visit their Leverage and Margin Policy document or contact their customer support team.

What kind of Spreads are offered by LegacyFX?

LegacyFX, a trusted and transparent broker in the industry, offers a variety of spreads depending on the account traders select. Trading with LegacyFX involves fees from $500 USD, spreads from 0.05 pips, and commission-free trading. The broker is fully regulated by Vanuatu Financial Services Commissions (VFSC) and offers access to 200+ Trading Instruments and spreads starting from 0.5 pips. LegacyFX provides 7 different live trading accounts, namely Standard, Bronze, Silver, Gold, Platinum, Premium, and VIP. The minimum deposit required to open a LegacyFX Account is $500 USD. Standard Account: Minimum Deposit $500 USD. Bronze Account: Minimum Deposit $1000 USD. Silver Account: Minimum Deposit $3000 USD. Gold Account: Minimum Deposit $5000 USD. Platinum Account: Minimum Deposit $10’000 USD. Premium Account: Minimum Deposit $25’000 USD. VIP Account: Minimum Deposit $50’000 USD. . When it comes to leverage, LegacyFX offers from a minimum of 1:5 to a maximum of 1:200, which also depends on the asset to be traded. For stocks, the usual spread is 1:5, forex 1:200, precious metals 1:100, indices 1:100, cryptocurrencies 1:5, and commodities 1:100. The Crypto Spreads made available by LegacyFX are variable. LegacyFX does offer leverage of up to 1:200. LegacyFX deposit options include Visa, Neteller, Skrill, and Wire Transfer.

Does LegacyFX offer MAM Accounts or PAMM Accounts?

LegacyFX does indeed offer both MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts. These types of accounts are designed to allow experienced traders or IBs to manage the funds of several clients (Investors) through a single trading account. MAM/PAMM Accounts. MAM/PAMM is a service that allows traders to manage funds of many investors on a single trading account. The traders manage multiple forex trading accounts using their capital and pooled money, intending to generate profits. The performance of a PAMM or MAM account manager is then distributed among the investors. Benefits for Investors. Investors have the opportunity to earn income without being an expert on FOREX and CFD. They can choose and join one or several accounts, maintained by reliable and professional Managers. If no statements are made, no fees are subtracted. No one can withdraw funds other than the investor himself. Benefits for Managers. MAM and PAMM accounts allow traders to manage multiple accounts from a single account without creating an investment fund. Managers enjoy large volumes at the prices. MAMs and PAMMs can provide you the tighter control you need to maximize returns. Managers can choose their trading conditions, commissions, spread mark-ups, performance fees, margin calls, and other parameters easily. A flexible commission system for managers based on results helps in the choice of strategy. IB / Partner with LegacyFX MAM/PAMM. If you are an IB looking for an additional income source, you can earn extra commission from promoting a Master of a PAMM account of your choice, in addition to your usual rebates. What makes the PAMM system so appealing is its public transparency: money managers can have their results publicly displayed, thus giving them the opportunity to attract more funds. In conclusion, LegacyFX’s MAM/PAMM accounts provide a comprehensive and innovative solution for both investors and managers, offering a range of benefits and opportunities in the forex market.

Does LegacyFX allow Expert Advisors?

LegacyFX, an international broker that has been providing financial services since 2017. , does indeed allow the use of Expert Advisors. This feature is part of the MetaTrader5 (MT5) software from MetaQuotes, which is the trading platform used by LegacyFX. LegacyFX offers a variety of account types to fit the needs of traders at all levels of experience. These include the Silver Account for newcomers and beginners, the Gold Account for traders who are familiar with foreign exchange, and the Platinum Account for advanced/experienced foreign exchange traders. In addition to forex trading, LegacyFX gives you access to trade contracts for difference (CFDs) on spot gold, oil, cryptocurrencies, indices, and stocks. One of the key features of the MT5 platform is its automated trading capability. This includes the use of Expert Advisors, which are software programs that automate analytical and trading processes. These programs follow a set of programmed rules to monitor the market and execute trades automatically, thus allowing traders to establish specific trading strategies without having to manually oversee every aspect of their trading operations. However, it’s important to note that while Expert Advisors can automate trading, they are not infallible. There can be issues due to possible faulty MQL programming or high volatility. Therefore, traders using Expert Advisors should still monitor their trading activities and be prepared to intervene if necessary. In conclusion, LegacyFX does allow the use of Expert Advisors as part of its MT5 trading platform. This feature, along with the wide range of trading instruments and account types offered by LegacyFX, makes it a versatile choice for both beginner and experienced traders.

Does LegacyFX offer Copytrading?

LegacyFX, a Vanuatu-based brokerage firm, has been in operation since 2012 and has garnered multiple awards for its services. The broker utilizes the popular MetaTrader5 (MT5) software from MetaQuotes as its trading platform. This platform offers a wide range of features, including automated trading. Copy trading and algorithmic trading services are indeed offered by LegacyFX. Copy trading is a portfolio management strategy where one tracks the performance of another trader by replicating their moves. This feature is available on their trading platforms. It’s important to note that while copy trading can be a useful tool for traders, it also carries risks, as the success of trades depends on the performance of the copied trader. In addition to forex trading, LegacyFX provides access to trade contracts for difference (CFDs) on spot gold, oil, cryptocurrencies, indices, and stocks. The broker offers a variety of account types to cater to traders at all levels of experience. LegacyFX provides its clients with segregated accounts with negative balance protection, as well as free trading tools like indicators and trading signals. However, LegacyFX does not accept clients from the United States or Canada. It’s always recommended to thoroughly research and understand the terms and conditions of a broker before engaging in trading activities.