Legacy FX Review | Regulated Forex Broker
leverate. They closed their doors towards in 2015 to only reopen them again in 2017.Legacy FX is a fully Regulated broker that originally started their operations in around 2011. They belonged at that time or at least part of the ownership belonged to the company that also created the platform called
The restart of 2017 version is very different from the original one. The company itself has become fully regulated. The team of professionals this is today running the operations are all very different from the original team members.
Today, Legacy FX is it full service broker that Office trading. In currencies, Indices commodities and stocks. The mission statement is to provide perfect trading conditions as well as transparency to traders of all levels.
The broker offers 4 different trading platforms.
There is the webtrader which is an easy to use browser trading platform that requires no download.
There is the mobile trading platform for anybody who looked trade on their mobile which more and more traders are using every day.
There is the Meta Trader 4. Trading platform, which does not really need an introduction as it is the most used trading platform among all brokers.
and Most Important there is the MetaTrader 5 Trading platform,which offers the latest in trading technology in the retail trading industry
Legacy FX Accounts Types
Legacy FX offers 3 different kinds of accounts
The different Levels of trading account there is the silver, gold and platinum,
- silver is for basic trading in for the beginning Traders
- Gold is for people that already have more to invest in and are not newbies and then there is the experience investors those are the investors that are. FC OK.
- Platinum account. Experienced investors trade is that have been on the market for some time and know what they're doing.
The main difference between the accounts is the amount of investment.
The deposit amount for the basic one? Which is the silver account? Is only $500 where for gold you already are talking about $5000
in the platinum you are talking about at least $25,000.
Legacy FX also offers Islamic accounts
accounts that are in compliance to the principles of the issue is Sharia law concerning interest. This is an interest free account or swap free account for those that for religious reasons cannot trade on regular account.
For those that are interested in in Islamic account:
the moment you open an account with LegacyFX you notify your account manager. They can open this possibility for you.
For Beginning Traders
LegacyFX Takes Education to a new Level
One area where legacy effects. excels, it's in their preparation of beginning traders for trading life on their trading platform they put themselves above the competition.
Their educational tools are of the highest quality. They offer huge number of tools and materials to get new traders started the correct way.
Their Academy gives lessons in forex trading, market analysis, trading psychology, trading strategies, technical indicators. Trading signals, stocks,CFD's and the Meta Trader 4, trading platform.
This course will start any trader. This Forex trading course will provide any trader with the right tools or at least a basic knowledge, to start reading properly.
In addition, the broker offers you demo account or practice account. This account will allow you to learn more about the broker, the way they are working and if they are the right broker for you at the same time.
The demo account amount holds is $10000. This should be more than sufficient enough for you to develop your own trading strategy. And become a responsible Trader.
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. Risk Disclosure.
Restricted Regions: LegacyFx 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