Note, you can hit F9 to enable one-click trading on your chosen asset. The brokerage is registered in Vanuatu where it is regulated by the Vanuatu Financial Services Commission (VFSC). It is also regulated by the CySEC (Cyprus) and the National Bank of the Republic of Belarus (NBRB). The use of MT5 is a huge point in LegacyFX’s favor, as not many other brokers use this software, preferring, instead, to stick to MT5’s predecessor, MetaTrader 4. The fact that MetaTrader 5 is a mainstay of this broker makes it unique—in a good way.
Trading Hours
LegacyFX offers cross-platform trading with the convenient MT5 mobile app. Traders can manage open positions, access interactive charting tools, and view full trading history on-the-go. You can also stay informed of the latest market news with the economic calendar and take advantage of optimized strategies for expert advisors. Support is available 24 hours and clients can either send an email, call support, or engage with customer support via a live chat feature. The broker values customers and is happy to answer all general, technical, and account-related questions that you may have.
Please, VERIFY ACCOUNT !
We’re happy LegacyFX is a legitimate online broker and not a scam. There is also a 10.00 inactivity penalty after 90 days of zero activity. Alternatively, you can access the WebTrader straight from your internet browser.
What Can I Trade
In addition, publishing its average spread data each month and improving its research and education offerings would help bring LegacyFX closer to the industry average. The range of accounts available from LegacyFX will vary, depending on whether you choose its EU entity regulated by CySEC, or its international entity in Vanuatu. Unfortunately, there are no average spreads available to assess the true cost of trading with LegacyFX, which is something I’ve come to expect from the best brokers in this category.
LegacyFX Customer Support
- Tackle the cryptocurrency market with superior functionalities and trading tools.
- The account is equipped with $10,000 in virtual funds and is available for one month.
- Always available to answer messages (calm me down when I’m panicking lol), always keeping us abreast with the current news and events and stocks, always providing opportunities for investments etc.
- The difference in price from when you enter and exit the position will be the profit or loss minus any broker fees.
They have superb Customer care and support services, am talking trading signals direct to your email, Technical analyses to your inbox, Highly recommendable. Tackle the cryptocurrency market with superior functionalities and trading tools. We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.
Best Offers
By clicking on “Continue” you confirm that you have read and understood this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from AN Allnew investments Ltd (VA) . We are proud to sponsor the professional Spanish football club, Real Betis Balompié, with whom we share the same core values and drive for success. I’ve always wanted to be a trader but I wasn’t getting the right legacy fx review broker to equip me with the relevant knowledge. At the time of writing, the popular ‘friend referral’ program is also live. Note, several additional payment solutions are available depending on your location, including AVO Payments, EFT Pay, Volt, PayRedeem, Jeton and GIGADAT. The MT5 mobile app is easy to download onto iPhone (iOS) and Android (APK) smart devices and receives positive online ratings for its user-friendly design.
This is pretty standard procedure for a regulated brokerage firm. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some payments can be instant. You can also check out the appropriateness of LegacyFX’s services and its supported MT5 platforms for your needs by opening up a demo account before funding a live account.
The economic calendar is a popular tool for fundamental analysis of various markets. I think this is a vital tool that I like to try and utilise before making any trade decision. I can tell you from experience that it is not nice to be caught on the wrong side of a major news event.
As per regulatory requirements, the broker submits monthly financial reports to an external accounting firm. Negative balance protection is also in place and the broker ensures that all client funds are segregated at renowned banks. It appears to be one of the industry’s https://forexbroker-listing.com/ most promising brokers, established itself as a leader in the retail sector in recent years. Besides, the main tool and a very powerful one in the LegacyFX business strategy is – education, which attracts new traders and gives a great opportunity for both parties.
All accounts feature the same competitive trading conditions and available services, while higher-grade accounts will add extra benefits. LegacyFX is GDPR compiled and fully regulated by CySEC, FCA and BaFin, with the main objective to enhance financial transparency and offer greater client protection. Its trading conditions are among the tightest spreads in the market, starting from only 0.6 pips. LegacyFX provide a good selection of trading guides that can assist traders of all experience levels to help them improve their trading skills and knowledge. There are a variety of important trading topics covered including money management, trader’s psychology, market analysis, advanced strategies and more.