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LegacyFX Review

LegacyFX Review

 

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. LegacyFX has a trust score of 94 out of 99.

 

🔎 Broker🥇 LegacyFX
💰 Minimum Deposit$500 USD
🆓 Demo Account✅ Yes
5️⃣ MetaTrader5✅ Yes
📉 Min.Trade Size0.01 Lots
©️ Copy Trading❎ No
☪️ Islamic Account✅ Yes
📈 Leverage1:200
⛔ Stop LossNone
🚀 Open an Account👉 Click Here

 

Overall Rating

Min Deposit

USD 500

Regulators

VFSC

Trading Platform

MT5

Crypto

Yes

Total Pairs

41

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

 

LegacyFX Review – Analysis of Brokers’ Main Features

 

  1. LegacyFX Overview
  2. LegacyFX Detailed Overview
  3. LegacyFX Advantages over Competitors
  4. LegacyFX Safety and Security
  5. LegacyFX Sign-Up Bonus
  6. LegacyFX Affiliate Program
  7. LegacyFX Referral Program
  8. LegacyFX Introducing Broker
  9. LegacyFX Loyalty Membership Program
  10. LegacyFX Minimum Deposit
  11. LegacyFX Account Types
  12. How to Open a LegacyFX Account – Step-by-Step Guide
  13. LegacyFX Islamic Account
  14. LegacyFX Demo Account
  15. LegacyFX PAMM Account
  16. LegacyFX Trading Platforms
  17. LegacyFX Range of Markets
  18. LegacyFX Fees, Spreads, and Commission
  19. LegacyFX Deposit and Withdrawal
  20. LegacyFX Education and Research
  21. LegacyFX Customer Support
  22. LegacyFX Best Countries by Traders
  23. LegacyFX Countries Not Accepted
  24. LegacyFX vs Avatrade vs XM – A Comparison
  25. LegacyFX Alternative – XM
  26. LegacyFX Customer Reviews
  27. LegacyFX Current Popularity Trend
  28. LegacyFX Pros and Cons
  29. Conclusion
  30. Frequently Asked Questions

 

 

LegacyFX Top Bar

 

LegacyFX Overview

 

LegacyFX is one of the most trusted and transparent brokers in the industry.  LegacyFX is fully regulated by Vanuatu Financial ServicesCommissions (VFSC) and offers access to 200+ Trading Instruments and spreads starting from 0.5 pips.

 

🔎 Broker🥇 LegacyFX
💰 Minimum Deposit$500 USD
🆓 Demo Account✅ Yes
5️⃣ MetaTrader5✅ Yes
📉 Min.Trade Size0.01 Lots
©️ Copy Trading❎ No
☪️ Islamic Account✅ Yes
📈 Leverage1:200
⛔ Stop LossNone
🚀 Open an Account👉 Click Here

 

LegacyFX Overview

 

LegacyFX Detailed Overview

 

🔎 Broker🥇 LegacyFX
💰 Minimum Deposit$500 USD
🆓 Demo Account✅ Yes
5️⃣ MetaTrader5✅ Yes
📉 Min.Trade Size0.01 Lots
©️ Copy Trading❎ No
☪️ Islamic Account✅ Yes
📈 Leverage1:200
⛔ Stop LossNone
4️⃣ MetaTrader4❎ No
📱 Mobile Trading✅ Yes
👥 PAMM Account✅ Yes
🚀 Open an Account👉 Click Here

 

LegacyFX Detailed Summary

 

LegacyFX Advantages over Competitors

 

Trading with LegacyFX comes with multiple advantages.  The main advantages of trading with LegacyFX include:

 

  • 7 Account Types
  • Daily Market Analysis
  • Segregation of Client Funds

 

 

and much, MUCH more!

 

Legacy FX Advantages

 

LegacyFX Safety and Security

 

LegacyFX is fully regulated by Vanuatu Financial ServicesCommissions (VFSC) and all client funds are kept in segregated accounts.  LegacyFX main objective is to offer financial transparency and greater client protection.

 

LegacyFX Safety and Security

 

LegacyFX Regulation

 

LegacyFX is fully regulated by Vanuatu Financial ServicesCommissions (VFSC). The Vanuatu Financial Services Commission (VFSC) is the financial regulatory authority of Vanuatu.

 

LegacyFX Regulation 1

 

LegacyFX Protection of Client Funds

 

With LegacyFX, all client funds are kept in segregated accounts.  A segregated account is an account that is different from the broker’s core banking account and client funds will not be used by the broker for any reason.

 

LegacyFX Security of Funds

 

LegacyFX Sign-Up Bonus

 

LegacyFX does not offer a Sign Up Bonus. LegacyFX also does not offer a welcome bonus or deposit bonus or the advantage of a no-deposit bonus when traders register a real account for the first time.

 

🔎 Broker🥇 LegacyFX
🎉 Sign Up BonusNone
❤️ Welcome BonusNone
🎁 Deposit BonusNone
🚀 Open an Account👉 Click Here

 

LegacyFX Sign Up Bonus

 

LegacyFX Affiliate Program

 

LegacyFX does offer an affiliate program paired with highly effective marketing tools.  The LegacyFX Affiliate program offers a tailor-made plan and flexible commission structures – CPA, Revenues Share, or Hybrid deals.  Features of the LegacyFX Affiliate Program include:

 

  • A Wide Range of Marketing Tools
  • A Real-Time Reposting System

 

and much, MUCH more.

 

LegacyFX Affiliate Program

 

LegacyFX Referral Program

 

Participants of the LegacyFX Referral Program will get rewarded for inviting their friends to trade with LegacyFX via a unique referral link.  Commission will be earned according to a designated 3-level program.

 

LegacyFx Refferal Program

 

LegacyFX Introducing Broker

 

Interested Parties can become an Introducer and take advantage of the opportunity to partner with a powerful MT5 broker and benefit from high commissions.  Both Introducing Brokers and their Customers will benefit from the program in a selection of ways:

 

Benefits for customers:
  • Access to the Award-winning MetaTrader5  trading platform
  • Access to thousands of global markets
  • Exceptional liquidity, low spreads, and swap-free conditions

 

Benefits of introducing brokers:
  • A Partnership with a regulated, trusted brand
  • Real-time monitoring & reporting
  • An experienced IB manager will provide a personal service.
  • An Attractive compensation plan

 

LegacyFX IB Program

 

LegacyFX Loyalty Membership Program

 

LegacyFX does make a Loyalty Membership Program available in which the Rewards will get bigger and better with each tier – Smart, Wise, Expert, and Genius.  Rewards will range from branded gifts to gift cards.

 

LegacyFX Membership Program

 

LegacyFX Minimum Deposit

 

The minimum deposit required to open a LegacyFX Account is $500 USD.  LegacyFX provides 7 different live trading accounts, Standard, Bronze, Silver, Gold, Platinum, Premium, and VIP.

 

🔎 Account💰 Minimum Deposit🚀 Open an Account
📌 Standard$500 USD👉 Click Here
🥉 Bronze$1000 USD👉 Click Here
🥈 Silver$3000 USD👉 Click Here
🥇 Gold$5000 USD👉 Click Here
💎 Platinum$10'000 USD👉 Click Here
📍 Premium$25'000 USD👉 Click Here
🚩 VIP$50'000 USD👉 Click Here

 

LegacyFX Min Deposit

 

LegacyFX Account Types

 

LegacyFX provides 7 different live trading accounts, Standard, Bronze, Silver, Gold, Platinum, Premium, and VIP.  The minimum deposit required to open a LegacyFX Account is $500 USD.

 

🔎 Account📌 Standard🥉 Bronze🥈 Silver🥇 Gold💎 Platinum📍 Premium
💰 Minimum Deposit$500 USD$1000 USD$3000 USD$5000 USD$10'000 USD$25'000 USD
💵 Commission❎ No❎ No❎ No❎ No❎ No❎ No
👥 Live Support✅ Yes☑️ Yes✅ Yes☑️ Yes✅ Yes☑️ Yes
☪️ Islamic Option☑️ Yes✅ Yes☑️ Yes✅ Yes☑️ Yes✅ Yes
🍎 Commodities✅ Yes☑️ Yes✅ Yes☑️ Yes✅ Yes☑️ Yes
📊 Auto Charting❎ No✅ Yes☑️Yes✅ Yes☑️ Yes✅ Yes
🚩 Protected Trades❎ No33577
🤝 Mentoring❎ NoBasicBasicBasic✅ Yes☑️ Yes
🚀 Open an Account👉 Click Here
👉 Click Here
👉 Click Here
👉 Click Here
👉 Click Here
👉 Click Here

 

🚩 Note: The LegacyFX VIP Account is a customized account option.

 

LegacyFX Account Types

 

How to Open a LegacyFX Account – Step by Step Guide

 

1.  Step 1: Start the LegacyFX Account Registration Process

In order for the LegacyFX Account Registration Process to start, the applicant can simply click on the gold “Open Real Account” button located on the LegacyFX webpage.

 

LegacyFX Account 1

 

2.  Step 2:  Complete an Online Registration Form.

The applicant can now select their desired account option, Personal, Demo, or Corporate.  Each account will have its own specific registration form.  Here is an overview of each:

 

LegacyFX Personal Account:

 

LegacyFX Account 2

 

LegacyFX Demo Account:

 

LegacyFX Account 3

 

LegacyFX Corporate Account:

 

LegacyFX Account 4

 

LegacyFX Islamic Account

 

LegacyFX offers Islamic swap-free trading on seven account levels, Standard, Bronze, Silver, Gold, Platinum, Premium, and VIP.  LegacyFX offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.

 

🔎 Account📌 Standard🥉 Bronze🥈 Silver🥇 Gold💎 Platinum📍 Premium
💰 Minimum Deposit$500 USD$1000 USD$3000 USD$5000 USD$10'000 USD$25'000 USD
💵 Commission❎ No❎ No❎ No❎ No❎ No❎ No
👥 Live Support✅ Yes☑️ Yes✅ Yes☑️ Yes✅ Yes☑️ Yes
☪️ Islamic Option☑️ Yes✅ Yes☑️ Yes✅ Yes☑️ Yes✅ Yes
🍎 Commodities✅ Yes☑️ Yes✅ Yes☑️ Yes✅ Yes☑️ Yes
📊 Auto Charting❎ No✅ Yes☑️Yes✅ Yes☑️ Yes✅ Yes
🚩 Protected Trades❎ No33577
🤝 Mentoring❎ NoBasicBasicBasic✅ Yes☑️ Yes
🚀 Open an Account👉 Click Here
👉 Click Here
👉 Click Here
👉 Click Here
👉 Click Here
👉 Click Here

 

LegacyFX Demo Account

 

LegacyFX Demo Account

 

LegacyFX does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The LegacyFX demo account expires after 30 days.

 

🔎 Broker🥇 LegacyFX
🆓 Demo Account✅ Yes
⏰ Time Limit30 Days
💰 CostNone
🚀 Open a Account👉 Click Here

 

LegacyFX Demo Account 1

 

LegacyFX PAMM Account

 

The LegacyFX PAMM Account is an effective tool specifically designed for an effective trading experience.  Interested Parties can select to become either a PAMM Account Manager or a PAMM Account Investor.

 

Benefits for Managers:

 

  • Manage multiple accounts from a single account
  • Large volumes at prices
  • Choice of trading conditions, commissions, margin calls, and more
  • Flexible commission system

 

Benefits for Investors:

 

  • Earn income without being an expert on forex and CFD trading
  • Choose/Join one or several accounts
  • No statements made – no fees are subtracted
  • No one can withdraw funds other than the investor himself

 

Legacy FX PAMM Account

 

LegacyFX Trading Platforms

 

LegacyFX makes the market-leading MetaTrader5 trading platform available across desktop, web, and mobile.  Investors can choose to trade currency pairs, stocks, commodities, and more.

 

🔎 Platform🥇 MT5
📌 AccountsNano, Standard, Max
📈 Indicators80+
📊 Custom indicators☑️ Yes
💻 EA trading✅ Yes
📉 Auto chartistMT4 Plugin
📍 Detachable chartsNo
💻 One-click-trading☑️ Yes
🖥️ Pending order types4
🔍 Trailing Stop✅ Yes
⏳ Chart time frames9
📝 Depth of MarketNo

 

LegacyFX MT5

 

LegacyFX Range of Markets

 

LegacyFX offers access to a wide range of markets including Forex and CFDs on Stocks, Commodities, Indices, and Crypto.

 

Legacy FX Range of Markets 1 Legacy FX Range of Markets 2 Legacy FX Range of Markets 3

 

LegacyFX Fees, Spreads, and Commission

 

Trading with LegacyFX will involve fees from $500 USD, spreads from 0.05 pips, and commission-free trading depending on the account traders select.

 

🔎 Broker🥇 LegacyFX
💰 Min. Deposit$500 USD
🔁 Spreads from0.5 Pips
📈 Leverage1:200
🪙 Crypto SpreadVariable
🚀 Open an Account👉 Click Here

 

LegacyFX Fees and Spreads

 

LegacyFX Deposit and Withdrawal

 

LegacyFX makes multiple International and Country-Specific deposit options available.  International Deposit options include Visa, Neteller, Skrill, and Wire Transfer.  All Legacy FX withdrawal requests submitted – regardless of the withdrawal method chosen – will be processed within 3-5 business days.

 

LegacyFX Deposit and Withdrawal

 

LegacyFX Education and Research

 

LegacyFX does make an educational section available under the “Learn” tab.  Here traders will find introductions to Forex and Futures, eBooks, and a glossary.

 

LegacyFX Education

 

LegacyFX Customer Support

 

The LegacyFX Customer Support team can be contacted via multiple channels including phone, email, and WhatsApp.  LegacyFX is also available across all major social media channels.

 

LegacyFX Customer Support

 

LegacyFX Best Countries by Traders

 

🌎 Country of Trade📌 % of Traders
🥇 Bulgaria19.57
🥈 South Africa9.10
🥉 India7.18
🏅 Kenya7.12
📌 Canada4.49

 

LegacyFX Best Countries

 

LegacyFX Countries Not Accepted

 

LegacyFX is regulated by Vanuatu Financial Services Commission (VFSC) and Clients’ who apply from the U.S., Yemen, North Korea, and Iran will not be accepted.

 

LegacyFX Countries not Accepted

 

LegacyFX vs Avatrade vs XM – A Comparison

 

🔎 Broker🥉 AvaTrade🥈 XM🥇 LegacyFX
💰 Minimum Deposit$100 USD$5 USD$500 USD
⚙️ Tradeable Symbols12601372425
📊 Forex Pairs555741
4️⃣ MetaTrader4✅ Yes☑️ Yes❎ No
5️⃣ MetaTrader5☑️ Yes✅ Yes☑️ Yes
📱 Mobile Trading✅ Yes☑️ Yes✅ Yes
🚀 Open an Account👉 Click Here
👉 Click Here
👉 Click Here

 

LegacyFX Versus

 

LegacyFX Alternative – XM

 

When compared to similar brokers a viable alternative broker choice to LegacyFX is XMXM is a MetaTrader-only broker that is known to offer an outstanding selection of high-quality educational content and market research.  XM is available globally and has some of the lowest fees in the industry.

 

🔎 Broker🥈 XM🥇 LegacyFX
💰 Minimum Deposit$5 USD$500 USD
⚙️ Tradeable Symbols1372425
📊 Forex Pairs5741
4️⃣ MetaTrader4☑️ Yes❎ No
5️⃣ MetaTrader5✅ Yes☑️ Yes
📱 Mobile Trading☑️ Yes✅ Yes
🚀 Open an Account👉 Click Here
👉 Click Here

 

XM Landing Page

 

LegacyFX Customer Reviews

 

Great Broker.

LegacyFX is a great broker choice.  The minimum deposit may be on the high side but what they have on offer makes it worth every cent. – Debra

 

TrustPilot 5 Star

 

Great for Beginners.

LegacyFX is a perfect choice for beginners and pros alike.  The education and customer support are excellent. – Michael

 

TrustPilot 4 Star

 

Impressive!

Legacy FX has earned its place as one of the best Forex Brokers in the industry. Its educational content is massive and market insights are very impressive. – Steve

 

TrustPilot 3 Star

 

LegacyFX Current Popularity Trend

 

According to Google Trends, here is an overview of how frequently the search term “LegacyFX” is entered into Google’s search engine over a given period of time.

 

LegacyFX Google 1 LegacyFX Google 2

 

LegacyFX Pros and Cons

 

✅ Pros❎ Cons
Wide range of educational materialsHigh Minimum Deposit
Availability of investment programsLacking Customer Support
Segregated accountsLimited Stock Trading

 

 

Overall Rating

Min Deposit

USD 500

Regulators

VFSC

Trading Platform

MT5

Crypto

Yes

Total Pairs

41

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

 

Conclusion

 

Overall, LegacyFX can be summarised as a trustworthy and regulated broker that offers multiple account types to suit a range of requirements. LegacyFX has a trust score of 94 out of 99.

 

 

You might also like: LegacyFX Review (2025)

You might also like: LegacyFX Sign-Up Bonus

You might also like: LegacyFX Minimum Deposit

You might also like: LegacyFX Account Types

You might also like: LegacyFX Islamic Account

You might also like: LegacyFX Demo Account

You might also like: LegacyFX Fees, Spreads, and Commission

 

 

Disclaimer

 

Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader. Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital.

 

 

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading,
you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. You should not start investing capital that you cannot afford to lose, because you could incur a loss of part or your entire original investment.

 

 

Our Review Methodology: For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker. This evaluation is comprised of positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements. Our broker review should not be considered financial advice and traders are urged to seek professional financial advice before making any investment or trading decisions.

 

 

Frequently Asked Questions

 

Is LegacyFX trusted and well-regulated?

Yes, LegacyFX is fully regulated by Vanuatu Financial ServicesCommissions (VFSC).

 

What are some of the advantages of trading with LegacyFX?

The main advantages of trading with LegacyFX include the Segregation of Client Funds.

 

What is a LegacyFX Segregated Account?

A LegacyFX segregated account is an account that is different from the broker’s core banking account and client funds will not be used by the broker for any reason.

 

Does LegacyFX accept US Traders?

No, LegacyFX is regulated by Vanuatu Financial Services Commission (VFSC) and Clients’ who apply from the U.S., Yemen, North Korea, and Iran will not be accepted.

 

Once I have opened a Legac

 

 

 

 

 

 

 

Author Details

Picture of Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

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