“LegacyFX provides a simple and transparent trading offering to trade on 200+ CFD instruments covering Forex, Commodities, Stocks, Indices and Cryptocurrencies. Beginner traders may enjoy the simplicity of the offering – commission-free trading (except stocks) and swap-free trading.”
From our observations, LegacyFX provides a simple and transparent trading offering to trade commission-free (except stocks) and swap-free on more than 200+ CFD instruments covering Forex, Commodities, Indices, Stocks and Cryptocurrencies.
The broker offers four different types of trading accounts called Silver, Gold, Platinum and VIP. Users also have the choice between Variable Spread and Fixed Spread accounts, although the best spreads are on the higher minimum deposit accounts.
Users can trade from the MetaTrader 5 trading platform for desktop, web and mobile while accessing additional trading features such as AutoChartist, live market analysis and promotions such as the Safe Mode Program.
Is LegacyFX regulated?
Yes, by the Vanuatu Financial Services Commission (VFSC).
Where is LegacyFX based?
LegacyFX is based at Govant Building, Kumul Highway, P.O.Box 1276 Port Vila, Republic of Vanuatu.
How does LegacyFX make money?
LegacyFX makes money mainly through spreads on certain tradable asset classes and administrative fees in certain situations.
How do I deposit in LegacyFX account?
Funds can be deposited into a trading account via credit and debit cards, bank wire transfer, Neteller, Perfect Money, Rapid Transfer, Alipay and others.
What is the min. deposit for LegacyFX?
The minimum deposit is 500 USD.
How do I withdraw money from LegacyFX?
Withdrawals can be made using Credit Card, Cryptocurrencies, Neteller, Skrill and wire transfer.
What is the max leverage in LegacyFX?
The maximum leverage offered by LegacyFX is 1:200.
How do I open an account with LegacyFX?
An account can be opened at the click of a button on the LegacyFX website and can be done in just a few steps.
Does LegacyFX use MetaTrader?
Yes, MetaTrader 5.
“LegacyFX offers users the ability to trade on more than 200+ financial instruments covering CFDs on Forex, Metals, Oil, Cryptocurrencies, Indices and Stocks over 4 different account types on the MetaTrader 5 trading platform for desktop, web and mobile.”
LegacyFX was founded in 2012 and is regulated by the Vanuatu Financial Services Commission (VFSC), through its ownership company AN All New Investments (VA) Ltd.
The broker offers 4 different types of trading accounts called Silver, Gold, Platinum and VIP, with the ability to trade CFDs on Forex, Metals, Oil, Cryptocurrencies, Indices and Stocks. Each account offers commission-free trading on all asset classes with the exception of Stock CFDs, maximum leverage of 200:1 and no rollover fees for Silver, Gold and Platinum accounts which is useful for those looking for Islamic swap-free accounts.
Users can access the globally-recognised MetaTrader 5 trading platform for desktop, web and mobile, as well as, additional trading tools in the form of AutoChartist, online trading calculators and an economic calendar. The broker also provides market news and technical analysis reports, as well as, educational content in the form of videos and courses.
- Commission-free trading available.
- Swap-free trading available.
- Can trade on MetaTrader 5.
- Additional trading features include AutoChartist.