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However, we cannot find you in our system, please contact our Support Department and provide your email address or account number, so we can assist you. LegacyFX provide dedicated 24-hours customer support via phone, chat and email. The broker values customers and are happy to answer all general, technical and account related questions that you may have. They also appreciate hearing how they can improve the support available to traders. I have always been pleased with the support and like how they have taken the time to respond to both positive and negative feedback online. You can discover TradingView’s premium analytics portal on LegacyFX, including real-time charts, fundamental data and cryptocurrency market widget.
They say they don’t charge inactivity fees, but I got deducted inactivity fees when I took a break from trading. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor .
Demo Account
If you may need any further clarification please contact us at Best Regards, The Compliance Team. LegacyFX is an established and trusted broker, while a trader may not be satisfied with the results of his/her own trading, that does not mean they were not treated fairly by the service provider. Trading forex does carry a high level of risk and the investor must be aware that they could either profit or lose their invested capital.
However, should you want additional top-tier regulation, you might want to take a look at another broker such as AvaTrade. LegacyFX is a broker catering to international traders as a duly registered and regulated broker from Vanuatu. All I can say is learn to trade yourself, find a regulated broker and never accept signals.
An experienced IB manager will provide a personal service. Needs to review the security of your connection before proceeding. By top financial experts on currency, commodities, stocks and more. Offers superior tools for comprehensive price analysis, use of algorithmic trading applications, and copy trading. AM GLAD ABOUT THE SUCCESS STORY I GAINNED FROM FINANCE CHARGE BACK,A bunch of scammers.
Develop your own signals, be consistent and risk max 2% per trade. MetaTrader5 platform, which provides a comprehensive trading feature and vast solutions. When it comes to online trading, security is paramount to understanding that your capital is secured and protected by the law and regulations. For full protection of investment LegacyFX operates negative balance protection along with complete segregation of client funds from company’s asset, Mainstay on customer popular MT5. We are sorry that You have had a negative experience on the market.
LegacyFX Demo Account
LegacyFX doesn’t pay for licenses but it does offer trading which is prohibited by law. They give a beautiful picture of profit (every month 15-25% profit) and try to suck all your money. Please don’t ever think to deposit 1$ to this scam broker. FOREX.com, registered with the Commodity Futures Trading Commission , lets you trade a wide range of forex markets plus spot metals with low pricing and fast, quality execution on every trade. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. All their trades has commission, they do not care if you lose or win.
For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. Some fees may be charged when using certain payment methods. Withdrawal requests are processed within the same day or next if outside working hours.
It worked well for a month – and slowly I began to develop trust with the senior trader. It appears to be one of the industry’s most promising brokers, established itself as a leader in the retail sector in recent years. Trade Forex and CFDs with the MetaTrader 5 web platform without installing or downloading any software application.
LegacyFX offer technical analysis videos from their in-house experts who analyse the market trends. These can help inspire trade ideas and assist in decision making. I found the analysis to be very useful and was actually made aware of some possible trade setups that I may have otherwise overlooked. I would legacy fx review just be sure to confirm any analysis with my own trading strategy. If you find that they do not allow clients from your country for any reason, please feel free to use our broker comparison tool to find an alternative option. Customer support is available Monday through Friday between 0800 and 2400 (GMT+3).
Here is a screenshot of the LegacyFX MT4 Premium trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Financial trading tools including an economic calendar, glossary, and calculators to support trading. European MiFID directive that also enables LegacyFX to offer its service within the EEA zone and beyond.
Nevertheless, they have given me insight on how to trade better with better assets. LegacyFX does not charge any fees on credit card/electronic wallet deposits as well, yet this may vary from rule to another. And of course, always learn how to use leverage smartly in order not to fall under inefficient risks. We tailor our strategies to each client, what is most important is that each client who works with us is not just a client, he is a member of the big, friendly and caring family of LegacyFX.
LegacyFX Review 2022 | Forex Broker Reviews
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. As So Called Account manger makes 10% or more on our deposit. If any one wants to see their money last time please part of this company. Their real business is Not making Trader money but make money on Deposits of people. After you lose all your money, they just blame it on the market. LegacyFX is a forex broker established in 2017 and registered with SySEC , and VFSC .
- We use dedicated people and clever technology to safeguard our platform.
- You must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk.
- When compared to similar brokers a viable alternative broker choice toLegacyFX isXM.
- Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money.
They offer a wide variety of assets to trade including; Forex / Currency pairs, Metals, Commodities , Crypto, Market Indices and European / US Stocks. Some of the exotic currency pairs they make available to trade are the Hungarian Forint, Polish Zloty, and Mexican Peso. Overall, LegacyFX can be summarised as a trustworthy and regulated broker that offers multiple account types to suit a range of requirements.
Slowly, the demands started for me to put the word out and quotas started regarding how many people I could get to sign up with Legacy Fx. This was so that it would be ‘worth their time’, ‘you do something for me, I do something for you ‘ etc. I disagreed with about 50% of the trading suggestions but mostly went along with them. I often risked 50% of the equity as stop loss without realising it.
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Anyway he’s the best I would recommend him and legacy FX to anyone who’s willing to change their financial situation. Each broker was graded on 113 different variables, including our proprietary Trust Score algorithm. This innovative scoring system ranks the level of trustworthiness for each broker based on factors such as licenses, regulation and corporate structure.
Overall, LegacyFX can be summarised as a trustworthy and regulated broker that offers 250+ instruments across several asset classes. Their spread is also very low with multiple account types offered to suit a range of requirements. Despite the many positive, the spreads starting from 0.6 pips are not the lowest and the minimum deposit of $500 is also quite high. I also feel like they could expand the trading instruments to include some more individual stocks. If you are primarily looking to trade forex and not fussed about spreads, I think they are a solid broker that is certainly worth consideration.
Trading is not for lazy people you need to do your share and can’t blame your broker if things don’t work out cause who made you do what. They were able to provide the opposite recommendations for the same product, at the same time. The calls I was https://forexbroker-listing.com/ receiving, were always to deposit more in order to protect the account. The calls to open or close positions at the right time, those never came. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.