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Regarding the legitimacy of LegacyFX forex brokers, it provides a comprehensive investigation into the security aspects of regulatory CYSEC,VFSC, and WikiBit, as well as whether there are any negative scam reviews.

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WikiFX Detection

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Full License

Risk Control

Risk Manage

Is LegacyFX safe?

The regulatory license is the strongest proof.

CYSEC Market Making(MM) 18

Cyprus Securities and Exchange Commission

Regulatory Agencies Introduction

Current Status:

Regulated
License Type:
Market Making(MM)

Licensed Institution:
A.N. Allnew Investments Ltd
Effective Date:
2017-11-27
Email Address of Licensed Institution:
Compliance@legacyfx.eu
Sharing Status:
No Sharing
Website of Licensed Institution:
www.legacyfx.eu， www.xeprime.eu
Expiration Time:
--
Address of Licensed Institution:

47 Ioanni Kondylaki Street, Q Tower, CY 6042, Larnaca
Phone Number of Licensed Institution:
+357 25030673
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3 More

VFSC Retail Forex License

Vanuatu Financial Services Commission

Regulatory Agencies Introduction

Current Status:

Offshore Regulated
License Type:
Retail Forex License

Licensed Institution:
AN ALL NEW INVESTMENTS (VA) LIMITED
Effective Date: Change Record
2022-12-30
Email Address of Licensed Institution:
--
Sharing Status:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
--
Address of Licensed Institution:

--
Phone Number of Licensed Institution:
--
Licensed Institution Certified Documents:

Annex1 Annex2

Is LegacyFX a scam, or is it legit?

The latest exposure and evaluation content of LegacyFX brokers.

Arbitrary changes to customer agreements and misappropriation of customer assets.

On January 1, 2024, legacy changed the customer agreement at will, increased the account management fee tenfold, and misappropriated all my funds when it stopped operations. After giving them feedbacks many times, it still did not return my principal. This behavior is so bad that it has never been seen before.

Broker ALWAYS set the market against trader.

3 managers in the space of 1 year; signals wrong 90% of the time; then started trading on my own and making profits- suddenly noticed stop loss hunting, trades not being executed at the right time; final straw- NUMEROUS and OBVIOUS evidence of trading against my trade to ensure loss.

LEGACYFX stole my money

On the 18th of May 2021, I deposited 0.11 bitcoin or 498.96 dollars into my LEGACYFX account. Shortly after I deposited my bitcoin, the price dropped significantly. LEGACYFX then decided to reduce my balance by 86 dollars because they said they didn't receive 500 dollars! LEGACYFX said that they were expecting 0.011095 but only received. 0.11 and that the difference amounts to 86 dollars. Even at it's highest price of $65000/bitcoin, 0.000095 bitcoin only amounts to $6.175. LEGACYFX is a scam!

SPAM AND UNETHICAL

I have requested several times to delete all my data and don't spam me with marketing and this company keeps doing it! Obvious a serious company WILL NEVER chase clients!! Be aware of these guys, selling signals for free means company profit when you lose, pure market maker, they only want you to lose!!!!! UNETHICAL PRACTICES!!!

LegacyFX's latest industry rating score is 6.28, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. LegacyFX If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

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Is LegacyFX safe?

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