legacyFX MT4 Broker Review
LegacyFX is a Fully Regulated Forex Broker offering Forex Trading services on the trading platforms :MetaTrader 4, MT4 Mobile and Metatrader 5 trading platforms. LegacyFX offers trading of currencies, Cryptocurrencies, indices, CFDs and commodities.
LegacyFX supports several different methods of funding ones account.
the Types are: credit/debit cards, bank wire transfer, as well as e-wallets WebMoney, AstroPay, cashU, safecharge, e-pay, iDEAL and others.
Legacy FX Forex Broker
Legacy FX broker is not a new player on the market.
before Legacyfx Leverate was on the market for a few years, but this broker was immature in its development and thou the legacy fx forex trading was doing OK, and the legacy fx Forex software was provided but the renowned company Leverate the broker itself did not perform as it should.
they started basically all over again and build the company this time around legacy fx CYSec regulation and vowed to do this time properly. they have not looked back since.
if you also then read the legacyfx reviews of then even my own legacyfx review and You read the legacyfx reviews of today you understand that you are talking about to totally separate brokers in operation and actions. this broker is by the way not affiliate to the 'legacy Bank 'in any way.
Today you have am mature broker that offers different services of the highest order. their aim for the more experienced traders when it comes to their legacyfx forex news and legacyfx forex forecast features.
the other part of the broker is that Legacyfx Trader education is simple one of the better education packages offered by brokers.
the Legacy FX signals service which they call recommendations are of the highest quality.
the biggest difference between this version of the broker compared to the previous one is besides the regulation also that this time there is a legacyFX MT4 and MT5 trading platform.
Legacy FX Trading Platforms
As we have mentioned above , LegacyFX MT4 and LegacyFX MT5 are the options of trading platforms.
LegacyFX MetaTrader 4 is of course the is the most popular platform in the forex industry " the MT4".
There are no traders that has not at least heard of this platform and for good reasons.
The reason for that is probably that MT4 offers everything a trader could possibly needs.
LegacyFX Metatrader 5
they have opted to go for also the big brother of the metatrader 4 trading platform , the metatrader 5.
Access the world’s most popular and powerful trading platform. Employ the major indicators and tools in industry.
Multiple Order Execution Types
- Trailing Stops, Stop limit, and Market orders
Chart-Based Trading and Position-Keeping.
- Modify and optimize positions on-chart
Expert Advisors and Custom Indicators
- Download or write your own advisors & indicators
Instant Response to Trading Alerts & Signals
Legacy FX MT4Broker offers 3 different kinds of account types.
There's the silver account, which is for basic training for beginners. There is the gold account, which is for people that are more familiar with the industry.
And there is a platinum account for the more experienced investors.
The leverage on each account is 1:50. The biggest difference between he accounts will be on the spread. You see the table with all the Legacy FX account features included below.
It is important to note that even the lowest account still requires a deposit of $500, on the other hand, trading with anything less is somewhat pointless.
The Broker offers a full-service demo account with $10,000 virtual money, which allows you to trade their meta trader 4 as well as the metatrader 5 platform.
Islamic account offered by Legacy FX.
Legacy FX Islamic account holds true to the principle of the principles of the Islamic law regarding banking activity and interest. It's an interest free or swap free account available for everyone that for religious reasons cannot trade on the accounts that have interests.
Regardless, with your account is silver, gold or platinum, you have access to this opportunity. In order to receive this, you need to contact your account manager.
Our Conclusion concerning Legacy FX MT4 Forex Broker
this is a solid broker properly regulated and operation according to the rules book. they are somewhat on the more expensive side with their spreads and account. but it has to be mentions that their trading signals are of the highest order and their platform offering makes sure that they are able to cater to traders of every level.
Risk Warning: Trading Foreign Exchange (Forex) and Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. FX and CFDs carry a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all of your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Seek independent advice, if necessary. Risk Disclosure.
Restricted Regions: Legacy Fx does not provide services for residents of certain regions, such as the United States of America, Israel, Iran, Syria, Afghanistan, Myanmar, North Korea, Somalia, Yemen, Iraq ,Sudan, South Sudan, British Columbia, Ontario and Manito
LegacyFx is owned and operated by A.N. Allnew investments Ltd - A.N. Allnew investments Ltd is a Cyprus Investment Firm, authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), under the License No. 344/17 | Q Tower, 5th floor, Ioanni Kondylaki 47, 6042, Larnaca, Cyprus
Customer Services: Support@legacyfx.com