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

MethodCurrenciesMinimum DepositProcessing TimeFees
  credit cardsEUR, USD, GBP500 USDInstant, 24/7A closure fee of 50 EUR/USD/GBP
may be charged for withdrawals
wire transferEUR, USD, GBP500 USDDepends on the banks. Normally 1-3 days A closure fee of 50 EUR/USD/GBP
may be charged for withdrawals
NetellerEUR, USD, GBP500 USDInstant, 24/7A closure fee of 50 EUR/USD/GBP
may be charged for withdrawals
SkrillEUR, USD, GBP500 USDUsually between few minutes to half an hourA closure fee of 50 EUR/USD/GBP
may be charged for withdrawals
BitcoinEUR, USD, GBP500 USDUp to few hours, depends on the blockchainA 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. 

Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. This site will not be held liable for any loss or damage in result from using the information within the site including forex Broker reviews 2023, market analysis, trading signals, learning resources and comparison tables. The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees. Currency trading is not suitable for all investors. Before deciding to trade currency or any other financial instrument please consider consider your investment objectives, level of experience, and risk appetite. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice.