The LegacyFX brand has provided a wide range of products and services to traders worldwide since 2017, its company "AN All New Investments BY LLC" (operating under the LegacyFX brand) was registered on December 14, 2018 (UNP 193180778), The business activities of AN All New Investments BY LLC are regulated by the National Bank of Belarus (NBRB) and hold a retail foreign exchange license authorized by it with license number 193180778.
Traders can trade currency pairs, indices, commodity CFDs, metals, cryptocurrency pairs and stocks on the LegacyFX platform.
LegacyFX offers four account options: Silver, Gold, Platinum and VIP. The minimum deposit is $500 for Silver accounts, $5,000 for Gold accounts, $25,000 for Platinum accounts, and over $50,000 for VIP accounts. In addition, LegacyFX also offers swap-free accounts.
Depending on the asset traded, the leverage varies from 1:5 to 1:200. Stocks are 1:5, Forex 1:200, Metals 1:100, Indices 1:100, Commodities 1:100, Cryptocurrencies 1:5.
Spread & Commission
Traders can choose between fixed or variable spread accounts. Variable spreads start from 1.6 pips on major FX pairs such as EUR/USD for silver accounts. Spreads are even tighter on Gold and Platinum accounts, as low as 0.6 pips. The fixed spread on EUR/USD for silver accounts is around 3 pips. LegacyFX claims to be commission-free on all assets except stocks, which vary from 0.15% to 0.45% depending on the account.
LegacyFX offers a web version and a downloadable desktop version of the MT5 trading platform, MT5 is the latest version of MT4 with all the positive features of MT4.
The minimum deposit for a LegacyFX account is $500, while the maximum credit/debit card deposit is $10,000. LegacyFX claims that it covers all deposit and withdrawal fees for transactions over $200 via major credit/debit cards, Skrill, Neteller and bank wire transfers.
LegacyFX claims to offer 24/5 customer support, traders can email, call support, or get in touch with the trader via the live chat feature, English, Russian is supported.