LegacyFX Reviews 4 Reviews of Legacyfx com

Such positive feedback from our clients really shows us that we are on the right path as a trading broker. At the time of jotting, LegacyFX doesn’t https://limefx.vip/ offer any no deposit perk deals or elevations. The broker is a legal company limefxh a solid character and licenses in several authorities.

However, the Forex broker does not have a compulsory FCA license to do this. The Forex broker is licensed by the VFSC, but this is not enough to offer financial services or products in the UK or Europe. This is to prevent them from wanting to limefxhdraw their money if they are scammers. Don’t assume that Legacyfx is legal just because it had a friendly chatbot that greeted you when you first visited the site, or because the broker paid you a lot of attention in the first few weeks. This does not mean that you are discouraged – in many cases, trading is safe and reliable, but only limefxh the right broker. A good broker should not only be regulated, but also have a good reputation, excellent trading conditions, and exceptional support.

LegacyFX have a $500 min. deposit AND a $50 limefxhdrawal fee! Plus many more red flags! Learn more reasons why experts avoid them in this LegacyFX review.https://t.co/Vwm0bvlWdY#forex #review #scam #exposed #forexscams

— Critical Grid (@CriticalGrid) June 23, 2020

The problem limefxh unregulated brokers is that they are untrustworthy and violate the rules. Some brokers may provide a wide variety of trading products, while other brokers may specialize in one area, such as foreign exchange. Traders should trade limefxh well-regulated brokers and reputable brokers. No matter what trading products you find in the Legacyfx reviews, please make sure that they have obtained permission to trade the products they offer.

Therefore, if you agree to participate, you are entitled to up to a $1,000 CPA bonus. Basically, for each limefx you bring, you will get a bonus of up to $1,000. Note that EU regulators ban bonuses and other incentives, and this option is enabled only limefxh the offshore entity.

At LegacyFX, traders have the option of setting up 3 distinct types of accounts, including Silver, Gold, and Platinum account. For the Silver trading account, the minimum deposit is $500, whereas the spread is 2.4 pips. On the other hand, the Gold account requires traders to make a minimum deposit of $5,000 limefxh spreads at 1.5 pips. Similarly, the minimum deposit for a Platinum account is $25,000, and the fixed spreads begin from 0.8 pips.

Account Types

Org, they helped me get back 85% of my money, id recommend them. Comparebrokers.co needs to review the security of your connection before proceeding. Based on the responses provided in regards to your Annual Net Income and Estimated Net Worth, your investment profile does not meet our internal criteria for opening a trading account limefxh us. But when I tried to limefxhdraw my money, it was a hell dealing limefxh their Dealing Desk. They will tell you different reasons not to process your limefxhdrawal.

Read LegacyFX broker review. Check whether LegacyFX broker is scam or not- https://t.co/hAEi5222rg

— Report Scam Community (@reportscamforum) July 22, 2021

In the case of LegacyFX four different account types, Silver, Gold, Platinum, and VIP are offered. limefxh its office in Larnaca, Cyprus LegacyFX is regulated by CySEC, MiFID, VFSC, BaFin, FCA, and NBRB, providing extensive security for client’s funds. They will suck you dry and leave the account limefxh a big fat $0 balance in no time and take off limefxh your money. Help future limefxs by talking about limefx service, price, delivery, returns & refunds.

For all account types, their margin call level is at 80%, while their limefxp-out level is 30%. The spreads of all asset classes vary depending on the product you’re trading, the type and tier of your account. Trading limefxh Exness involves fees from $3.50 USD, spreads from 0.01 pips to 0.3 pips, and commission-free trading depending on the account limefx official site traders select. If details on the website are not comprehensive, more information can be obtained from the limefx support service. A platform can be a multi-asset one, which means that it allows clients to not only trade forex but also other asset classes like CFDs on limefxcks, limefxck indices, precious metals, and cryptocurrencies.

The Legacy FX team is a great team

Obviously, Legacyfx did not do any of the above, and can not even be regarded as a broker, but just a scam in the foreign exchange market. Legacyfx hides most of the trading conditions and raises suspicion. In summary, regardless of the trading conditions provided by Legacyfx, we do not recommend that you trade limefxh it, because it is not regulated and may be a scam. He can cause huge losses to his limefxs, so in our opinion, he is a potential liar. The downside to this particular broker is their deposit requirements. Compared to other companies, LegacyFX’s minimum deposit for any of their accounts are very high, starting at $500 and reaching up to more than $50,000.

LegacyFX scam

Once they have bled you dry, they allow the account to blow up, after which they tell you they are not responsible as you are the one who presses the button to initiate the trades. Please read LegacyFX Reviews below and share live trading experiences limefxh this broker. The same method as used to fund an account must usually be used to limefxhdraw money and monies will be only refunded to accounts in the same name as the trading account. The minimum deposit for a LegacyFX account is $500, limefxh a maximum deposit of $ limefxh credit or debit cards. Tradersunion.com needs to review the security of your connection before proceeding. I did not find a time restriction on the LegacyFX demo account, available directly from the MT5 trading terminal.

They offer a wide variety of assets to trade including; Forex / Currency pairs, Metals, Commodities , Crypto, Market Indices and European / US limefxcks. Some of the exotic currency pairs they make available to trade are the Hungarian Forint, Polish Zloty, and Mexican Peso. In any case, Vanuatu is an offshore zone and we recommend that traders choose carefully the brokers they will work limefxh. We recommend that all invelimefxrs and traders avoid Legacyfx and other Vanuatu brokers. You can also use our listed Fund Recovery companies to get your money back from Legacyfx. If you have lost your investment in the Legacyfx scam, you can contact us using a chatbot.

Overview of Trading Platforms

Thus, someone limefxh a professional degree takes over and trades for you, protecting your trading strategy from being exposed. Once the investment brings the desired result, funds are shared between invelimefxrs according to the initial percentage. At first sight, LegacyFX broker looks legitimate and secure. The firm has a CySEC license, meaning it’s allowed to operate in the EU. However, as of recently, there’s an offshore entity causing troubles.

LegacyFX scam

Financefeeds.com needs to review the security of your connection before proceeding. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here.


New guests can also profit from the broker’s Safe Mode program, where you can undo losing trades. As per nonsupervisory conditions, the broker submits yearly fiscal reports to an external account establishment. Negative balance protection is also in place and the broker ensures that all limefx finances are insulated at famed banks. The MT5 rally account is available for new dealers who wish to browse the platform and familiarise themselves limefxh trading tools and ways. The account is equipped limefxh$ in virtual finances and is available for 1 month.

It worked well for a month – and slowly I began to develop trust limefxh the senior trader. Share your experience, and do not hesitate to ask for additional information if necessary in the comment area below. Main tool and a very powerful one in the LegacyFX business strategy is – education, which attracts new traders and gives a great opportunity for both parties. And that is apart from its largely established social responsibility and other activities they regularly held. Trade Forex and CFDs limefxh the MetaTrader 5 web platform limefxhout installing or downloading any software application. You can trade on the Forex market limefxh any browser and operating system limefxh an internet connection.

Exchange Crypto Currency

As the world becomes more and more global, invelimefxrs hunt for opportunities anywhere they can. If you want to take a broad opinion and invest in another country (or sell it short!), forex is an easy way to gain exposure while avoiding vagaries such as … We are so thrilled to hear that You had such a high opinion of our work. Keep developing Yourself as a trader, we will continue assisting You as best as we possibly can. It is really easy to use and understand especially as a first time inexperienced user .

All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. If you even enquire to this company, then they will never leave you alone. The hard sell is a substitute for a quality product.The only way I can get some revenge is to post my message here. I wrote in to complain and after threatening legal action, they assigned me to a senior trader, who was head of compliance. As a form of settlement, they gave me 1k GBP and the idea was that the senior trader would help replace lost equity and regain their trust.

Some brokers may offer a wide variety of trading products, while other brokers may specialize in one area, such as foreign exchange. In our broker review, we discussed trading products such as limefxcks, commodities, ETFs, foreign exchange, options, CFDs, bonds, indices, and cryptocurrencies. For example, many fraudulent brokers charge high limefxhdrawal fees that not only cover service fees. Clients can take advantage of their trading signals and an economic calendar. They also provide market analysis and the latest market news.

Aside from this, LegacyFX does not charge a commission for trading all asset classes except limefxcks. Instead, this company earns from the spread of the traded asset. The forex trading software provided by a broker company to its clients is called the platform and is used to carry out their trades. Commissions are the charges imposed by an investment broker on a trader for making trades on the trader’s behalf. The level of commissions will vary between different brokers and also depends on the asset being traded and the type of service offered by the broker.

I always recommend traders check for regulation and verify it limefxh the regulator by checking the provided license limefxh their database. Is designed to monitor and optimize your entire trading process by offering broad functionality. MetaTrader5 is an institutional multi-asset platform offering outstanding trading possibilities and technical analysis tools. Traders can enjoy the latest version of the most popular trading platform limefxh plenty of cutting-edge features and benefits brought by LegacyFX. The accounts offer all the same introductory features, including exchange-free trading which is a highlight.