LegacyFX Account Types

LegacyFX offers a variety of account types tailored to meet the needs of different traders. The available accounts include:

• Standard Account
• Minimum Deposit: $500 / 209,600 NGN
• Average Spread: 1.6 pips
• Commission: 0.45% on stocks
• Average Trading Cost: $16
• Bronze Account
• Minimum Deposit: $1,000 / 410,000 NGN
• Average Spread: 1.6 pips
• Commission: 0.45% on stocks
• Average Trading Cost: $16
• Silver Account
• Minimum Deposit: $3,000 / 1,250,000 NGN
• Average Spread: 1.6 pips
• Commission: 0.45% on stocks
• Average Trading Cost: $16
• Gold Account
• Minimum Deposit: $5,000 / 2,000,000 NGN
• Average Spread: 1.0 pips
• Commission: 0.30% on stocks
• Average Trading Cost: $10
• Platinum Account
• Minimum Deposit: $10,000 / 4,190,000 NGN
• Average Spread: 1.0 pips
• Commission: 0.30% on stocks
• Average Trading Cost: $10
• Premium Account
• Minimum Deposit: $25,000 / 10,400,000 NGN
• Average Spread: 0.6 pips
• Commission: 0.15% on stocks
• Average Trading Cost: $6
• VIP Account
• Minimum Deposit: $50,000 / 20,900,000 NGN
• Custom features and conditions depending on trader's needs.

All accounts can be converted to Islamic accounts, which are swap-free.

LegacyFX Broker Account Opening Process

The process to open a trading account with LegacyFX is straightforward and can be completed in a few steps:

• Choose Account Type: Decide which account type suits your trading needs based on the minimum deposit and features.

• Registration: Visit the LegacyFX website and click on the 'Open Account' button. Fill out the registration form with your personal details, including your name, email address, and phone number.

• Verification: After registration, you will need to verify your account by providing a valid form of identification and proof of residence (e.g., utility bill or bank statement).

• Funding Your Account: Once your account is verified, you can deposit funds using various methods such as credit/debit cards, bank wire transfers, or e-wallets. The minimum deposit for most accounts starts at $500.

• Start Trading: After funding your account, you can start trading using the MetaTrader 5 platform, which is available for desktop, web, and mobile devices.

The account activation time is typically 24 hours, allowing you to begin trading promptly.