Reviewed broker: LegacyFX
Company: A.N All New Investments Ltd.
Location: Cyprus
Regulation: VFSC (Vanuatu). It is also regulated by the CySEC (Cyprus) and the National Bank of the Republic of Belarus (NBRB).
Competitive trading conditions
No rollover fees on long-term positions, negative balance protection, client funds are separate fro m LegacyFX’s funds.
Free trading tools
trading signals and indicators, Algo-trading services and copy-trading
Simple and easy execution
of deposit and withdrawal by renowned banks.
Legacy FX Review : Trading Platform
MT5 Mobile Platform
- More Pending Order Types: Traders can place eight types of pending orders to get more precise control over open positions.
- Cryptocurrency Trading:MetaTrader5 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, which provide options to choose from over 21 timeframes for charting and nine additional techniques for chart structuring.
- Clear Segretion: MT5 allows segregation between the terms of order, position, and transaction.
- Optimised Strategy Tester: Improved testing capabilities for expert advisors and detailed presentation of results.
- Improved EAs: 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 MT5 Desktop Platform
Offers superior tools for comprehensive price analysis, use of algorithmic trading applications, and copy trading.
Test free Metatrader 5 demo account before jumping on metatrader 5
Opening a Metatrader 5 Demo Account is the best way for a new trade to check out the platform, get familiar with the tools and learn trading techniques.
Legacy FX Review : Account Types
SILVER – Basic Trading For Beginners
Min First Deposit $500Leverage Up to 200:1Spread As low as 1,6 pipsOption of Fix SpreadSwaps 0
- Education
- Economic Calendar
- Technical Analysis Reports
- Market Analysis and News
GOLD – Gold traders
Min First Deposit $5,000Leverage Up to 200:1Spread As low as 1 pipsOption of Fix SpreadSwaps 0
- Education
- Economic Calendar
- Technical Analysis Reports
- Market Analysis and News
- Educational Bonus
- MT5 Platform
- MetaTrader 5 Webtrader
- Legacy Webtrader
PLATINUM – Experienced investors
Min First Deposit $25,000Leverage Up to 200:1Spread As low as 0,6 pipsOption of Fix SpreadSwaps 0
- Education
- Economic Calendar
- Technical Analysis Reports
- Market Analysis and News
- Educational Bonus
- MT5 Platform
- MetaTrader 5 Webtrader
- Legacy Webtrader
- MetaTrader 5 Mobile
- MetaTrader 5 Mobile App
- Analysis Insights
- 1-on-1 Support
- Dealing Room Direct Line
ISLAMIC ACCOUNT:
The LegacyFX Islamic account adheres to the principles of Islamic law regarding banking activity and Riba (interest). It is an interest free or swap free account type, for those who, for religious reasons cannot trade on interest/swap incurring accounts.
Legacy FX Review : Trading Conditions
Minimum trade size: 0.01
Maximum leverage: 1:200
Fixed spreads: start from 2.4 pips
Islamic account: available
Trading instruments: forex, commodities, CFDs
Free educational material: available
Market analysis: yes
Mobile trading: yes
Payment Options for Deposit and Withdrawals
Minimum deposit: $500
| Method | Currencies | Minimum Deposit | Processing Time | Fees |
|---|---|---|---|---|
| credit cards | EUR, USD, GBP | 500 USD | Instant, 24/7 | A closure fee of 50 EUR/USD/GBP may be charged for withdrawals |
| wire transfer | EUR, USD, GBP | 500 USD | Depends on the banks. Normally 1-3 days | A closure fee of 50 EUR/USD/GBP may be charged for withdrawals |
| Neteller | EUR, USD, GBP | 500 USD | Instant, 24/7 | A closure fee of 50 EUR/USD/GBP may be charged for withdrawals |
| Skrill | EUR, USD, GBP | 500 USD | Usually between few minutes to half an hour | A closure fee of 50 EUR/USD/GBP may be charged for withdrawals |
| Bitcoin | EUR, USD, GBP | 500 USD | Up to few hours, depends on the blockchain | A closure fee of 50 EUR/USD/GBP may be charged for withdrawals |
Promotions and bonuses: not available
Customer Support and Forex Education
Customer support: phone, email, chat
Wide range of tutorials and courses
covering all levels, from beginners to experienced traders.
Live webinars
examining main events in the market and analyzing different approaches.
Periodical market research and analysis
by top financial experts on currency, commodities, stocks and more.
Financial trading tools
including economic calendar, glossary and calculators to support trading.
How was the rating of LegacyFX performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Legacy FX broker performance and features.
Overall our online Legacyfx review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Legacyfx or you find inaccurate details Legacyfx broker review please get in touch with us and the changes will be applied.
