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LegacyFX Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.legacyfx..., the company's legitimate regulatory information BelarusNBRBForex Trading License (EP) to enhance the security of the company's address 220020, Minsk, Pobediteley Ave. 89, building 3, office 7

LegacyFX Forex Broker

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LegacyFX

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LegacyFX Basic Information Company Name LegacyFX Headquarters Belarus Regulations Regulated Tradable Assets Currencies, stocks, indices, commodities, and cryptocurrencies Payment Methods International banks Trading Platforms MT5 trading platform Customer Support Email (info@legacyfx.by)Phone (+375 291788410) General Information & Regulation The Brand LegacyFX is an established broker providing a wide range of products and services for traders worldwide since 2017. It grants traders access to a broad spectrum of tradable assets, encompassing currencies, stocks, indices, commodities, and cryptocurrencies. Through its MT5 trading platform, LegacyFX provides users with a seamless and intuitive interface, known for its robust functionality and ease of use. The company “AN All New Investments BY LLC” (operating under the LegacyFX brand) was registered on 12/14/2018 (UNP 193180778) with Company Registration number 193180778 (Certificate of the National Bank of the Republic of Belarus No. 17). The activities of AN All New Investments BY LLC are regulated by Decree of the President of the Republic of Belarus No. 231 dated June 4, 2015 “On the implementation of activities in the OTC Forex market”. Is LegacyFX Legit? LegacyFX is regulated, operating under the supervision of the National Bank of the Republic of Belarus and licensed under number 193180778. It ensures that brokers operate legally, minimizing the risk of fraudulent activities and fostering a secure trading environment. Regulated brokers adhere to stringent financial reporting standards, offering investors transparent and dependable information to make informed decisions. However, while regulation enhances oversight and accountability, it does not entirely eliminate risks. Therefore, traders should maintain vigilance and exercise caution when participating in online trading activities. Pros and Cons LegacyFX offers a diverse range of trading instruments, providing traders with ample opportunities to diversify their portfolios and explore various markets. The platform utilizes the popular MetaTrader 5 platform, known for its advanced trading tools and user-friendly interface, enhancing the trading experience for users. Additionally, LegacyFX operates with regulatory oversight, providing clients with an added layer of security and peace of mind. However, the platform's website is currently inaccessible, which could pose challenges for users trying to access essential information or execute trades. Furthermore, high account minimums can be a burden to most traders, especially beginners. Pros Cons Various trading instruments to trade High minimum deposit Utilizes the popular MetaTrader 5 platform Unable to access the website Operates with regulatory oversight Market Instruments Besides a good selection of currency pairs, traders can diversify their portfolio with indices, commodity CFDs, metals, cryptocurrency pairs, and stocks on LegacyFX platform. Account Types There are four account options on offer: Silver, Gold, Platinum, and VIP. The Silver account is available from a minimum deposit of $500, the Gold account for a deposit of $5,000, $25,000 for the Platinum account, and the VIP account is yielded for deposits exceeding $50,000. Swap-free Accounts are available, but swap-free accounts are granted to all traders. LegacyFX Leverage Leverage varies from 1:5 to 1:200 depending on the asset traded: Stocks – 1:5, Forex – 1:200, Metals – 1:100 Indices – 1:100, Commodities – 1:100, Cryptocurrencies – 1:5. Spreads & Commissions Traders can choose between fixed or variable spread accounts. Variable spreads for major forex pairs such as EUR/USD start at 1.6 pips with the Silver account. Spreads get tighter with the Gold and Platinum accounts, going down to 0.6 pips. Fixed spreads are around 3 pips for EUR/USD with the Silver account. All assets are commission-free, except for stocks where charges range from 0.15% to 0.45% depending on the account. LegacyFX Trading Platform LegacyFX offers traders access to the MetaTrader 5 (MT5) trading platform, renowned for its advanced features and versatility. With the MT5 platform, traders can execute trades across various financial markets, including forex, stocks, indices, commodities, and cryptocurrencies. Deposit & Withdrawal The minimum deposit for a LegacyFX account is $500, while there is a maximum deposit of $10,000 with credit/debit cards. LegacyFX‘s website clearly states that withdrawals to credit cards can only be in the amount of the deposit from that particular card; the remainder will be wired to the client’s bank account. Clicking on Bank Wire Transfers returns the bank wire information, while all other buttons lead to a log-in screen. Legacy FX covers all deposit and withdrawal fees for transactions via major credit/debit cards, Skrill, Neteller, and bank wires above $200. Customer Support LegacyFX offers customer support through email at info@legacyfx.by and phone at +375 291788410. Conclusion In summary, LegacyFX offers traders a wide array of trading instruments and account types, coupled with the renowned MetaTrader 5 platform, fostering flexible and accessible trading opportunities. The platform operates under regulatory oversight, ensuring adherence to industry standards and bolstering investor confidence. However, the inability to access the website and the lack of clarity regarding account types may hinder the trading experience for some users. Traders are advised to proceed with caution, conduct thorough research, and verify information directly with LegacyFX to mitigate potential risks and ensure a safer trading journey. FAQs Q: Is LegacyFX regulated? A: Yes, LegacyFX is regulated by the National Bank of the Republic of Belarus and holds license number 193180778. Q: What trading instruments are available on LegacyFX? A: LegacyFX offers a diverse range of trading instruments, including currencies, stocks, indices, commodities, and cryptocurrencies. Q: How can I contact LegacyFX's customer support? A: You can contact LegacyFX's customer support via email at info@legacyfx.by or by phone at +375 291788410. Risk Warning Trading online carries inherent risks, and there's a possibility of losing your entire investment capital. It's crucial to acknowledge these risks and understand that the information presented in this review may not always be up-to-date due to changes in the company's services and policies. Therefore, readers are encouraged to verify the information directly with the company before making any decisions. Ultimately, it's the responsibility of the reader to use the information provided in this review wisely and make informed decisions.
How to login to LegacyFX?

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Basic Information

Registered Region
Belarus
Operating Period
--
Company Name
"AN ALL New Investments BY" LLC
Abbreviation
LegacyFX
Company employee
--
Customer Service Email Address
info@legacyfx.by
Contact Number
+375291788410
Company Address
220020, Minsk, Pobediteley Ave. 89, building 3, office 7
How to login to LegacyFX?
LegacyFX Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a LegacyFX Account Creating a LegacyFX account is straightforward and can be completed in just a few steps. Below is a detailed guide to help you navigate the registration process. Steps to Register Step 1: Accessing the Registration Page To begin the LegacyFX registration process, visit the official LegacyFX website. Click on the “Sign Up” or “Open Account” button prominently displayed on the homepage. This will redirect you to the registration form. Step 2: Filling in Required Information You will need to provide essential details such as your full name, email address, phone number, and country of residence. Make sure the information is accurate to avoid issues later in the process. Step 3: Email/Phone Verification After submitting your information, you will receive a verification link via email or a code via SMS. Click the link or enter the code to verify your contact information. This step is crucial for account security. Step 4: Identity Verification (if required) Depending on your region and the regulations applicable, you may be required to complete identity verification. This typically involves submitting a valid ID (passport or drivers license) and proof of address (utility bill or bank statement). Step 5: Registration Confirmation Once all information is verified, you will receive a confirmation email indicating that your LegacyFX registration is complete. You can now proceed to log in to your account. Common Registration Issues and Solutions Email Not Received: Check your spam folder or ensure that you entered the correct email address. Verification Code Issues: If the code doesnt work, request a new code via the registration page. Identity Verification Delays: Ensure that the documents submitted are clear and legible. If issues persist, contact customer support. Regional Differences in Registration Some regions may have additional requirements or restrictions. For instance, U.S. residents are not permitted to register due to regulatory limitations. Always check the specific policies for your country on the LegacyFX website. Part Two: LegacyFX Account Opening Detailed Guide Understanding Account Opening While registration is the initial step to create an account, opening a LegacyFX account involves selecting an account type and providing additional documentation. This section will guide you through the account opening process. Preparation Work Before Account Opening Before you begin the account opening process, ensure you have the necessary documents ready. This includes your identification documents and proof of address. Familiarize yourself with the different account types offered by LegacyFX to select the one that best fits your trading needs. Detailed Account Opening Steps Step 1: Selecting Account Type LegacyFX offers several account types, including Standard, Silver, Gold, Platinum, and VIP accounts. Each account has different initial deposit requirements and features. Choose the account type that aligns with your trading experience and capital. Step 2: Submitting Required Documents After selecting your account type, you will need to upload the necessary documents for verification. This usually includes a government-issued ID and proof of residence. Ensure that these documents are clear to expedite the review process. Step 3: Account Review Process Once your documents are submitted, LegacyFX will review them. This process can take anywhere from a few hours to a couple of days, depending on the volume of applications they are processing. Step 4: Account Activation Upon successful verification, you will receive an email confirming that your account is activated. You can now fund your account and start trading. Step 5: Initial Setup Log in to your account to set up your trading preferences. This includes setting up your trading platform preferences, notifications, and any additional features you wish to enable. Frequently Asked Questions about Account Opening What is the minimum deposit? The minimum deposit varies by account type, starting at $500 for the Standard account. Can I open multiple accounts? Yes, you can open multiple accounts, including both live and demo accounts. How long does the account opening process take? The account review can take several hours to a few days. Next Steps After Opening an Account After your account is opened, consider taking advantage of the educational resources and demo accounts offered by LegacyFX to familiarize yourself with the platform and trading strategies. Part Three: LegacyFX Login Process Explained Basic Web Login Process Once your LegacyFX account is set up, logging in is your next step. Heres how to do it: Step 1: Access the Login Page Visit the LegacyFX website and click on the “Login” button located at the top right corner of the homepage. Step 2: Enter Your Credentials Input your registered email address and password in the designated fields. Ensure that your caps lock is off and there are no typographical errors. Step 3: Complete Any Additional Security Checks If prompted, complete any additional security measures, such as CAPTCHA verification. Step 4: Click “Login” After entering your credentials and completing any security checks, click the “Login” button. Step 5: Access Your Account You will be redirected to your account dashboard, where you can manage your trading activities. Mobile App Login Process If you prefer trading on the go, LegacyFX provides a mobile app. The login process is similar: Open the LegacyFX mobile app. Enter your registered email and password. Complete any security verifications. Tap “Login” to access your account. Other Login Methods Currently, LegacyFX does not support third-party logins or Single Sign-On (SSO) methods. Users must log in with their registered email and password. Common Login Issues and Solutions Forgotten Password: Use the “Forgot Password?” link on the login page to receive password reset instructions. Account Lockout: If you enter incorrect credentials multiple times, your account may be temporarily locked. Follow the instructions provided in the lockout message to regain access. Technical Issues: Ensure that your internet connection is stable. Clear your browser cache or try a different browser if you encounter issues. Overview of Features After Login Once logged in, you can access various features, including trading platforms, account management tools, market analysis, and educational resources. Additional Sections Account Security Recommendations To ensure your LegacyFX account remains secure, consider the following best practices: Use a strong, unique password and change it regularly. Enable two-factor authentication if available. Regularly monitor your account activity for any unauthorized transactions. Best Practices for Account Management Keep your personal information updated. Utilize demo accounts to practice trading strategies without risk. Take advantage of educational resources to enhance your trading skills. How to Get Technical Support If you encounter issues or have questions, LegacyFX offers support through various channels: Live Chat: Available on the website. Email Support: Reach out to support@legacyfx.com. Phone Support: Available during business hours. Conclusion This guide provides a comprehensive overview of the LegacyFX registration, account opening, and login processes. By following these steps and recommendations, you can ensure a smooth experience while trading on the LegacyFX platform. Image Suggestions Insert a screenshot of the registration page here. Insert a screenshot of the account types offered. Insert a screenshot of the login page. Citations and Attribution LegacyFX Official Website: legacyfx.com User Experiences and Reviews: Various user feedback gathered from search results. By adhering to these guidelines, you can navigate the LegacyFX platform with confidence and security.

LegacyFX Forex Broker - Complete Information Guide

1. Broker Overview

LegacyFX, founded in 2012, is an international brokerage firm that provides a wide range of trading services in the financial markets. The company is headquartered in Larnaca, Cyprus, and operates under the parent company A.N. All New Investments Ltd. LegacyFX is a private entity, not publicly traded, which allows for a more personalized approach to client services.

Since its inception, LegacyFX has aimed to cater to both retail and institutional clients, focusing on providing a comprehensive trading experience. The broker has made significant strides in the industry, achieving various milestones, including multiple awards for its services, such as "Best STP/ECN Forex Broker" and "Fastest Growing Broker."

LegacyFX primarily serves individual traders and investors looking for access to forex, CFDs, commodities, and cryptocurrencies. The firm's business model focuses on retail forex trading and CFD trading, providing clients with the tools and resources necessary to navigate the financial markets effectively.

2. Regulation and Compliance Information

LegacyFX operates under several regulatory authorities to ensure compliance and protect its clients. The broker is regulated by the following entities:

  • Cyprus Securities and Exchange Commission (CySEC) – License No. 344/17
  • Vanuatu Financial Services Commission (VFSC) – License No. 14579
  • National Bank of the Republic of Belarus (NBRB) – License No. 193180778
  • Financial Conduct Authority (FCA) in the UK – License No. 797343

The regulatory licenses cover a broad range of services, allowing LegacyFX to operate within Europe and other regions. The company implements a segregation of client funds policy, ensuring that client funds are kept separate from the company's operational funds, which adds an extra layer of security.

LegacyFX adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to verify their identity and provide necessary documentation during the account opening process. This compliance helps to mitigate risks associated with financial fraud and ensures that the broker operates within legal frameworks.

3. Trading Products and Services

LegacyFX offers a diverse range of trading products, catering to various investor interests. The broker provides access to:

  • Forex: Over 41 currency pairs, including major, minor, and exotic currencies.
  • CFDs: A wide array of CFDs on indices, commodities, and stocks, allowing traders to speculate on price movements without owning the underlying assets.
  • Cryptocurrencies: Trading options on popular cryptocurrencies, although this service may be subject to regional regulations.

The broker continuously updates its product offerings, aiming to include new and trending assets to meet market demand. Retail clients benefit from comprehensive trading services, while institutional clients can explore tailored solutions that suit their trading strategies.

4. Trading Platforms and Technology

LegacyFX exclusively utilizes the MetaTrader 5 (MT5) platform, which is recognized for its advanced trading capabilities and user-friendly interface. The platform supports:

  • Comprehensive trading tools, including over 80 technical indicators and graphical tools.
  • Multiple order types and execution modes, ensuring flexibility for traders.
  • Automated trading capabilities through Expert Advisors (EAs), allowing for algorithmic trading strategies.

The MT5 platform is available in various formats, including desktop applications for Windows and Mac, a web-based platform, and mobile applications for iOS and Android devices. This flexibility ensures that traders can access their accounts and execute trades regardless of their location.

LegacyFX employs a Market Making execution model, which allows for quick order execution and competitive spreads. The broker's technical infrastructure is designed to support high-speed trading and minimize latency, enhancing the overall trading experience for its clients.

5. Account Types and Trading Conditions

LegacyFX provides a variety of account types to cater to different trading needs:

  • Standard Account: Minimum deposit of $500, offering competitive spreads starting from 1.6 pips.
  • Bronze Account: Requires a minimum deposit of $1,000 and includes additional features such as three protected trades.
  • Silver Account: Minimum deposit of $3,000, providing access to stock trading and basic analytics.
  • Gold Account: Requires a deposit of $5,000, offering premium trading ideas and access to a direct dealing desk.
  • Platinum Account: Minimum deposit of $10,000, with tighter spreads and additional personalized services.
  • Premium Account: Requires $25,000 to open, providing advanced mentoring and access to exclusive opportunities.
  • VIP Account: Customizable account with a minimum deposit of $50,000, tailored to individual client needs.

All account types feature swap-free trading options, allowing clients to hold positions overnight without incurring additional fees. The broker offers leverage of up to 1:200, depending on the asset class, and a minimum trade size of 0.01 lots.

6. Fund Management

LegacyFX supports various deposit and withdrawal methods to facilitate client transactions:

  • Deposit Methods: Clients can fund their accounts through credit cards (Visa and Mastercard), electronic wallets (Neteller, Skrill), and bank wire transfers. The minimum deposit requirement varies by account type, starting from $500.
  • Withdrawal Methods: Withdrawals can be made using the same methods as deposits. The broker does not charge any fees for deposits or withdrawals, although a $50 fee may apply for bank wire withdrawals.
  • Processing Times: Deposits are generally processed instantly or within a few hours, while withdrawals can take between 3 to 5 business days to process.

LegacyFX emphasizes transparency in its fee structure, with no hidden costs for deposits or withdrawals. The broker ensures that clients are informed about any potential fees associated with third-party payment processors.

7. Customer Support and Educational Resources

LegacyFX provides robust customer support to assist clients with their trading needs. Support channels include:

  • Live Chat: Available on the website for immediate assistance.
  • Email Support: Clients can reach out via support@legacyfx.com for inquiries.
  • Phone Support: The broker offers telephone support at +41-315087455.

Customer support is available from Monday to Friday, ensuring that traders can receive help during key trading hours. The support team is fluent in multiple languages, including English, Arabic, and Russian.

In terms of educational resources, LegacyFX offers a comprehensive array of materials, including:

  • Webinars: Covering various trading strategies and market analysis.
  • Video Tutorials: A library of instructional videos designed for traders of all experience levels.
  • E-books: Covering essential trading concepts and advanced techniques.
  • Market Analysis: Daily and weekly insights to help traders make informed decisions.

8. Regional Coverage and Restrictions

LegacyFX serves clients from various regions, including countries such as:

  • Australia
  • Canada
  • United Kingdom
  • South Africa
  • Singapore

However, the broker does not accept clients from specific countries, including the United States, North Korea, Yemen, and Iran. This restriction is due to regulatory compliance and the broker's operational policies.

Overall, LegacyFX aims to provide a secure and reliable trading environment for its clients, with a focus on transparency and customer satisfaction. The broker's commitment to regulatory compliance and client protection makes it a suitable option for traders looking for a trustworthy trading partner.

Latest Reviews

NetSphere

NetSphere

United Kingdom

LegacyFX has user-friendly trading platforms and smooth deposit processes, making it a great choice for traders looking for convenience and efficiency.But I think one drawback is the potentially high minimum deposite for entry for some traders, especially those with limited capital.

37130

2024-07-04

谢天亿(中国人寿) Alice

谢天亿(中国人寿) Alice

Singapore

It's so weird that the company's website takes a long time to load and shows a lot of Russian language on it. Is it because the server is in Russia that the speed is so slow?

37130

2023-02-23

LegacyFX Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.38, Software Index 4.00 Risk Control Index 0.00.