LegacyFX Company Details
Established in 2017, LegacyFX is registered in Vanuatu and regulated by the Vanuatu Financial Services Commission (VFSC). It’s also regulated by CySec (Cyprus) and NBRB.
The brokerage is possessed by its EU reality,A.N. Allnew Investments Ltd, which is authorised by several European controllers, including the CySEC (Cyprus), FCA (UK), and BaFIN (Germany).
The broker offers over 200 fiscal instruments including FX, goods, cryptos, stocks, and indicators. New and endured dealers also profit from a selection of free trading tools and educational coffers.
MetaTrader 5 Platform
LegacyFX offers both the web- grounded and downloadable desktop performances of MT5, the successor to the popular MT4. The software complements all situations of experience but is a particular favourite among advanced dealers.
Over 80 pointers and graphical tools
Depth of Request view and profitable feed
One-click trading function with rapid-fire prosecution
Literal data centre and fast EA strategy tester
Multiple time- frames, ranging from one nanosecond to one month
LegacyFX provides over 200 instruments in several asset classes
Forex – 40 majors, minors, and exotics
Indicators – 12 major and minor global indicators
Precious Essence – 7 essence including gold and tableware
- Cryptocurrencies – Bitcoin, Ethereum, Litecoin, and Ripple
- Goods – 11 husbandry, energy, and other goods
- Stocks – Dozens of global equities from Germany, the USA, the UK, and more
- Spreads & Commission
Dealers can choose between fixed or variable spread accounts. Variable spreads for major forex dyads similar as EUR/ USD launch at1.6 pips with the Tableware account. Spreads get tighter with the Gold and Platinum accounts, going down to0.6 pips. Fixed spreads are around 3 pips for EUR/ USD with the Tableware account.
All means are commission-free, except for stocks where charges range from0.15 to0.45 depending on the account.
Influence varies from 15 to 1200 depending on the asset traded
Stocks – 15
Forex – 1200
Essence – 1100
Indicators – 1100
Goods – 1100
Cryptocurrencies – 15
Periphery conditions are listed on the Trading Conditions runner but range from0.5 to 20.
LegacyFX offerscross-platform trading with the accessible MT5 mobile app. Dealers can manage open positions, access interactive charting tools, and view full trading history on-the- go. You can also stay informed with the rearmost request news with the profitable timetable and take advantage of optimised strategies for expert counsels.
The MT5 mobile app is easy to download onto iPhone (iOS) and Android (APK) smart bias and receives positive online conditions for its stoner-friendly design. On the strike, mobile trading is only available to Platinum account holders.
Deposits can be made via several fast and figure-free styles. Processing times vary
- Neteller – Instant
- Skrill – Up to 30 twinkles
- Line transfer – 1 – 3 days
- Visa/ Mastercard – Instant
- Bitcoin – Up to a many hours
- MyFatoorah – Up to a many hours
Recessions take 3 – 5 business days to reuse. There’s a 150 minimum pullout quantum in the chosen currency for bank transfers and no minimum for other styles. LegacyFX doesn’t charge any check freights for recessions but they do pass any fresh costs onto the customer.
The MT5 rally account is available for new dealers who wish to browse the platform and familiarise themselves with trading tools and ways. The account is equipped with$ in virtual finances and is available for 1 month.
Lagniappes & Promos
Piecemeal from its referral program, Heritage FX doesn’t offer any perk deals or elevations at this time. You can check the website and social media runners for news of any unborn no deposit lagniappes and rebate deals.
LegacyFX is regulated by the Vanuatu Financial Services Commission (VFSC) under license number 14579. The holding company,A.N. Allnew Investments Limited, is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number344/17. The company also holds licenses with the Financial Conduct Authority (FCA) in the UK and the Federal Financial Supervisory Authority (BaFIN) of Germany.
As per nonsupervisory conditions, the broker submits yearly fiscal reports to an external account establishment. Negative balance protection is also in place and the broker ensures that all customer finances are insulated at famed banks.
LegacyFX Fresh Features
LegacyFX offers a decent selection of educational coffers for all experience situations, including courses,e-books, videotape tutorials, and request news. Practical tools include an profitable timetable, FX calculators, and the AutoChartist plugin for MT5.
The broker also provides live signals and the TradingView gate, conforming of real- time maps, abecedarian data, and crypto request contraptions.