LegacyFx Journal

Journal status: live
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LegacyFx Profile
Year
2015
Country
Vanuatu
Branches
1
Regulation
VFSC Vanuatu
Investor protection
Fund protection
...
Publicly traded
no
Restricted countries
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
...
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
Unlimited
Margin Call
80 %
Stop Out
50 %
Execution
Market
Spread
fixed, floating
Scalping
no
Update broker

Is LegacyFx safe?

  • Investor protection: ...
  • Regulation: VFSC Vanuatu
  • Registration: ...
  • 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): average ★★★

How LegacyFx works

LegacyFX is the counterparty in all transactions.

https://www.legacyfx.com/legal-information/terms-and-conditions

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.

https://www.legacyfx.com/legal-information/risk-disclosure-statement

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