LegacyFX Broker Review

Author By Jeffrey Cammack
Updated: September 10, 2021
Overall Rating
3.49 3.49 / 5
🏦  Min. DepositGBP 500
🛡️  Regulated By
💵  Trading Cost 
USD 16
⚖️  Max. Leverage200:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 
Alert68% of retail investor accounts lose money when trading CFDs with this provider
Last updated on 10 Sep 2021
by Editorial Director Jeffrey Cammack
Jeffrey Cammack

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Our verdict on LegacyFX

🏦  Min. DepositGBP 500
🛡️  Regulated By
💵  Trading Cost 
USD USD 16
⚖️  Max. Leverage200:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 

Overall Summary

Regulation
1110.503.5/ 5
Trading Conditions
110.5002.5/ 5
Trading Platforms
111104/ 5
Deposit & Withdrawal
11110.54.5/ 5
Education & Research
110.5002.5/ 5
Assets Available
11110.54.5/ 5
Customer Service
1110.503.5/ 5
Beginner Friendly
Standard
Welcome Bonus

Account Information

Base Currencies
USD, EUR, GBP
Number of FX Pairs
41
Crypto Pairs
4
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Acct

Trading Conditions

Account Name
Trading Desk
Commission
Fees Included in Spread
EUR/USD
1.60 pips
GBP/USD
1.50 pips
USD/JPY
1.60 pips
Negative Balance Protection

Company Details

Company Name
A.N. Allnew investments Ltd
Founded
2012
Website Language
English
Support Language
English
Office Locations
Vanuatu

Pros

  • Wide range of assets
  • Innovative trading tools
  • Excellent education

Cons

  • No swap-free account option
  • High minimum deposit
Alert68% of retail investor accounts lose money when trading CFDs with this provider
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