LegacyFx Broker Review
LegacyFx has been a regulated broker since 2017. The company is owned by All New Investments Ltd (ANI).
The brokerage firm offers more than 200 trading instruments across multiple markets. LegacyFx is a specialist in trading Forex and CFDs, including cryptocurrencies and indices. It holds expertise in commodities and stock trading services as well.
You can find our transparent LegacyFx Broker review below. Broker reviews are updated frequently!
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Due to its regulation by the VFSC, it provides greater financial transparency and better customer protection. In addition, the broker submits monthly financial reports to an external accounting firm. This is one of its major advantages.
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LegacyFx offers multiple fast and free deposit options to their customers. You can use Mastercard, Visa, Vload and many others. As a result, trading becomes much easier. The processing time for withdrawal is one business day in most cases. However, bank withdrawals may take up to five business days.
The lowest spread is 0.6 pips, and the minimum deposit is USD 500. Thus, the maximum leverage is 1:200. On top of that, Legacyfx also provides a 50% welcome bonus to its customers. This makes the entire experience much more beneficial.
Pros / Cons
- Offers Competitive Spreads
- No FSCA Regulation
- No ZAR Account Currency
- Broker Not Verified
Brokers offer both MT5 desktop and web-based versions. This makes it the best choice for advanced traders.
As a final point, Legacyfx places great importance on its customer service. Therefore, it provides a 24-hour support service, 5 days a week.
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Heinrich is a forex and CFD enthusiast with a passion for writing good informative quality content. He strives to showcase the best forex brokers in Africa. Join him on his Journey!
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