LegacyFx Journal

Journal status: live
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LegacyFx Profile
Year
2015
Country
Vanuatu
Branches
1
Regulation
VFSC Vanuatu
Registration
VFSC Vanuatu, CySEC Cyprus
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Canada, Iran, Iraq, Israel, Myanmar, North Korea, Somalia, South Sudan, Sudan, Syria, US, Yemen
Broker type
MM
Dealing book
B-book
Tier
3
Execution speed
0 ms
LPs total
2
LPs quality
Other
LPs names
UpTrend, X-Trade Brokers

LegacyFx Accounts
MM
Minimum Deposit
500 $
Leverage
200 : 1
Minimum Lot
0.01 lots
EURUSD spread
1.6 pips
Commission
0 $/lotRT
Volume
10000 lots
Margin Call
80 %
Stop Out
30 %
Execution
Instant, Market
Spread
fixed, floating
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card
Base currency
USD, EUR, GBP
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is LegacyFx safe?

  • Investor protection: no
  • Regulation: VFSC Vanuatu
  • Registration: VFSC Vanuatu, CySEC Cyprus
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: 20
  • Negative Balance Protection: no

Is LegacyFx trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • LegacyFx website: semi-detailed, updated ★★★
  • LegacyFx popularity (by visitor count): top visited ★★★★★

How LegacyFx works



LegacyFX is the counterparty in all transactions.


10. Clearing house protections
On many exchanges, the performance of a transaction by the Company (or the third party with whom he is dealing on your behalf) is "guaranteed" by the exchange or its clearing house.



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