LegacyFX review 2025 ++ Scam or not? Real broker test

LegacyFX review 2025 ++ Scam or not? Real broker test

Trading and support queries can be directed to the customer services team, who can help with issues ranging from technical aspects of the site to booking trades over the telephone. During our testing, we found the support team to be highly client-focused and knowledgeable, with all our test issues being resolved at the first time of contact. It is worth noting the telephone service is available from 8.00 a.m. To midnight (GMT +3hrs), which could be an issue for some in different time zones. Fortunately, the broker has made the highly regarded and super-effective MetaTrader MT5 trading dashboard available. It’s razor-sharp graphics comes with an extensive range of powerful software tools and indicators.

• One of the best benefits that you can enjoy here is the swap-free account.
• Judging from the wide range of educational tools offered, LegacyFX is great for beginning traders.
• You will find everything you need for conducting in-depth market analysis with technical indicators, drawing tools and an economic calendar for fun mental analysis.
• Additionally, MT4 supports automated trading capabilities through Expert Advisors (EAs), enabling traders to set up and execute trades automatically based on pre-defined strategies.
• It displays the previous, expected and actual impact of each release whilst it can also be filtered to only display the news that is relevant to you.
• LegacyFX clients get access to the MetaTrader 5 or MT5 platform.

LegacyFX Review – Latest 2025 Review by Traders

The LegacyFX MT5 Android Platform is perfect for trading on the go. By installing MetaTrader5 on my Android smartphone, I could stay updated with market news and trade whenever and wherever I wanted. The platform is tailored for Android devices, ensuring seamless operation and control over my trading account.

User Feedback

This account type is ideal for those who engage in high-volume trading and require fast, efficient market entry and exit. The lower spreads are particularly beneficial in reducing overall trading costs, while the superior execution speeds minimize slippage, maximizing potential trading outcomes. Additionally, ECN accounts offer greater transparency legacy fx review in pricing and are compatible with high-frequency trading strategies, making them an excellent choice for scalpers and algorithmic traders. This setup ensures that professional traders can leverage market opportunities effectively, capitalizing on the precision and agility that ECN accounts provide.

LegacyFX Spreads

Yes, LegacyFX offers swap-free Islamic accounts that comply with Sharia law, catering to Muslim traders who wish to avoid interest fees. The multi-jurisdictional regulation of LegacyFX means that traders from different regions can choose the regulatory body that best aligns with their preferences and requirements. This flexibility enhances LegacyFX’s global appeal, making it a preferred option for traders seeking a broker with comprehensive regulatory oversight. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments.

Trading Instruments

However, it’s important to note that while LegacyFX takes steps to protect clients, it does not take responsibility for accounts where clients have given third-party access. This emphasizes the need for personal vigilance in managing account security. Almost every platform provides its users with a list of necessary benefits.

LegacyFX provide dedicated 24-hours customer support via phone, chat and email. The broker values customers and are happy to answer all general, technical and account related questions that you may have. They also appreciate hearing how they can improve the support available to traders. I have always been pleased with the support and like how they have taken the time to respond to both positive and negative feedback online. You can discover TradingView’s premium analytics portal on LegacyFX, including real-time charts, fundamental data and cryptocurrency market widget. TradingView is the most active social network for traders and investors where you can connect with millions of traders from around the world and learn from the experiences of others.

Platform Overview

LegacyFX is committed to providing competitive pricing structures and flexible leverage options for these commodities, catering to the needs of various trading strategies and risk appetites. By including these valuable and often volatile commodities, LegacyFX ensures that its clients can take advantage of market fluctuations and potential opportunities across different sectors. The MT4 platform offered by LegacyFX is highly regarded for its intuitive user interface, making it accessible for beginners while still providing advanced features that appeal to experienced traders. This platform is equipped with sophisticated charting tools that allow for detailed market analysis and decision-making. Additionally, MT4 supports automated trading capabilities through Expert Advisors (EAs), enabling traders to set up and execute trades automatically based on pre-defined strategies.

• LegacyFX has a somewhat high minimum deposit compared to other forex brokers at $500.
• However, at the same time, some are not satisfied with its services at all.
• Whichever path you take, you must complete a client profile questionnaire.
• They are very patient and they do not give up on their clients.
• This broker grants a free trading signals package, and its education center, video library, and Autochartist premium tools are accessible to everyone.
• They may look like your typical multi-asset trading specialist, but they have a couple of tricks up their sleeve.
• Select one or more of these brokers to compare against LegacyFX.

In terms of assets that can be traded, LegacyFx offers a large selection of stock CFDs, with more than 300 stocks listed in the US, UK and EU countries to choose from. The broker also has more than 45 forex pairs, a handful of crypto pairs, and the most popular stock indices and commodities available for trading in the form of CFDs. Ezekiel Chew, founder and head of training at Asia Forex Mentor, is a renowned forex expert, frequently invited to speak at major industry events. Known for his deep market insights, Ezekiel is one of the top traders committed to supporting the trading community. Making six figures per trade, he also trains traders working in banks, fund management, and prop trading firms.