General Information & Regulation

The Brand LegacyFX is an established broker providing a wide range of products and services for traders worldwide since 2017. It grants traders access to a broad spectrum of tradable assets, encompassing currencies, stocks, indices, commodities, and cryptocurrencies. Through its MT5 trading platform, LegacyFX provides users with a seamless and intuitive interface, known for its robust functionality and ease of use.

The company “AN All New Investments BY LLC” (operating under the LegacyFX brand) was registered on 12/14/2018 (UNP 193180778) with Company Registration number 193180778 (Certificate of the National Bank of the Republic of Belarus No. 17). The activities of AN All New Investments BY LLC are regulated by Decree of the President of the Republic of Belarus No. 231 dated June 4, 2015 “On the implementation of activities in the OTC Forex market”.

Is LegacyFX Legit？

LegacyFX is regulated, operating under the supervision of the National Bank of the Republic of Belarus and licensed under number 193180778. It ensures that brokers operate legally, minimizing the risk of fraudulent activities and fostering a secure trading environment. Regulated brokers adhere to stringent financial reporting standards, offering investors transparent and dependable information to make informed decisions. However, while regulation enhances oversight and accountability, it does not entirely eliminate risks. Therefore, traders should maintain vigilance and exercise caution when participating in online trading activities.

Pros and Cons

LegacyFX offers a diverse range of trading instruments, providing traders with ample opportunities to diversify their portfolios and explore various markets. The platform utilizes the popular MetaTrader 5 platform, known for its advanced trading tools and user-friendly interface, enhancing the trading experience for users. Additionally, LegacyFX operates with regulatory oversight, providing clients with an added layer of security and peace of mind. However, the platform's website is currently inaccessible, which could pose challenges for users trying to access essential information or execute trades. Furthermore, high account minimums can be a burden to most traders, especially beginners.

Market Instruments

Besides a good selection of currency pairs, traders can diversify their portfolio with indices, commodity CFDs, metals, cryptocurrency pairs, and stocks on LegacyFX platform.

Account Types

There are four account options on offer: Silver, Gold, Platinum, and VIP. The Silver account is available from a minimum deposit of $500, the Gold account for a deposit of $5,000, $25,000 for the Platinum account, and the VIP account is yielded for deposits exceeding $50,000. Swap-free Accounts are available, but swap-free accounts are granted to all traders.

LegacyFX Leverage

Leverage varies from 1:5 to 1:200 depending on the asset traded: Stocks – 1:5, Forex – 1:200, Metals – 1:100

Indices – 1:100, Commodities – 1:100, Cryptocurrencies – 1:5.

Spreads & Commissions

Traders can choose between fixed or variable spread accounts. Variable spreads for major forex pairs such as EUR/USD start at 1.6 pips with the Silver account. Spreads get tighter with the Gold and Platinum accounts, going down to 0.6 pips. Fixed spreads are around 3 pips for EUR/USD with the Silver account. All assets are commission-free, except for stocks where charges range from 0.15% to 0.45% depending on the account.

LegacyFX Trading Platform

LegacyFX offers traders access to the MetaTrader 5 (MT5) trading platform, renowned for its advanced features and versatility. With the MT5 platform, traders can execute trades across various financial markets, including forex, stocks, indices, commodities, and cryptocurrencies.

Deposit & Withdrawal

The minimum deposit for a LegacyFX account is $500, while there is a maximum deposit of $10,000 with credit/debit cards. LegacyFX‘s website clearly states that withdrawals to credit cards can only be in the amount of the deposit from that particular card; the remainder will be wired to the client’s bank account. Clicking on Bank Wire Transfers returns the bank wire information, while all other buttons lead to a log-in screen. Legacy FX covers all deposit and withdrawal fees for transactions via major credit/debit cards, Skrill, Neteller, and bank wires above $200.

Customer Support

LegacyFX offers customer support through email at info@legacyfx.by and phone at +375 291788410.

Conclusion

In summary, LegacyFX offers traders a wide array of trading instruments and account types, coupled with the renowned MetaTrader 5 platform, fostering flexible and accessible trading opportunities. The platform operates under regulatory oversight, ensuring adherence to industry standards and bolstering investor confidence. However, the inability to access the website and the lack of clarity regarding account types may hinder the trading experience for some users. Traders are advised to proceed with caution, conduct thorough research, and verify information directly with LegacyFX to mitigate potential risks and ensure a safer trading journey.

FAQs

Q: Is LegacyFX regulated？

A: Yes, LegacyFX is regulated by the National Bank of the Republic of Belarus and holds license number 193180778.

Q: What trading instruments are available on LegacyFX？

A: LegacyFX offers a diverse range of trading instruments, including currencies, stocks, indices, commodities, and cryptocurrencies.

Q: How can I contact LegacyFX's customer support？

A: You can contact LegacyFX's customer support via email at info@legacyfx.by or by phone at +375 291788410.

Risk Warning

Trading online carries inherent risks, and there's a possibility of losing your entire investment capital. It's crucial to acknowledge these risks and understand that the information presented in this review may not always be up-to-date due to changes in the company's services and policies. Therefore, readers are encouraged to verify the information directly with the company before making any decisions. Ultimately, it's the responsibility of the reader to use the information provided in this review wisely and make informed decisions.

ATFX Information

ATFX is a global online forex and CFD broker established in 2014, offering trading on various markets including forex, precious metals, commodities, stocks, ETFs, share, energies, indices, cryptocurrencies. The broker also offers Standard accounts. Besides, the demo account is also provided. Regarding trading platform offerings, MetaTrader 4 (MT4) and MT5 are supported.

Pros & Cons

On the positive side, ATFX is a well-regulated broker and offers forced liquidation at a 30% margin level to protect security of clients' funds. It also offers various trading instruments with competitive spreads via the industry-leading MT4 platform. You can also test their trading conditions via risk-free demo accounts.

Is ATFX Legit?

Yes. ATFX operates under the oversight of multiple authoritative regulatory bodies across key financial jurisdictions, ensuring transparency, client protection, and operational integrity. Its regulatory portfolio spans global hubs (e.g., UK, Cyprus) and strategic regions (e.g., Seychelles, UAE), reflecting a commitment to compliance with diverse market standards.

Market Instruments

ATFX supports trading on CFDs: Precious Metals, Commodities, Stocks, ETFs, Share, Energies, Forex, Indices, Cryptocurrencies.

Account Type

ATFX offers a dual trading ecosystem comprising its Demo Trading Account and Standard Trading Account, designed to cater to traders at every stage of their journey—from learning to live execution.

The Demo Trading Account serves as a risk-free entry point, providing a real-time simulated environment with a $50,000 virtual balance. Ideal for novices or those refining strategies, it mirrors live market conditions across MT4 (desktop, mobile, or web), enabling users to practice trading forex, indices, and commodities; test and optimize strategies; build discipline; and master platform navigation (e.g., chart analysis, order execution) without exposing real capital. It eliminates the pressure of financial risk while fostering confidence and familiarity with trading mechanics.

For traders ready to transition to live markets, ATFXs Standard Trading Account delivers a seamless bridge to real-money trading. Linked directly to MT4, this all-in-one account supports diverse instruments (forex pairs, equity indices, commodities) with competitive spreads, minimizing transaction costs. It empowers users to manage funds (deposits/withdrawals), monitor balances, and execute trades or automated strategies, combining essential functionality with accessibility.

Leverage

ATFX offers 500:1 leverage depending on the type of trading account and financial instrument.

Non-Trading Fees

Aside from trading fees, ATFX also charges non-trading fees that traders should be aware of.

Trading Platform

ATFX supports a range of trading platforms and tools tailored to diverse trader needs. MT4® (desktop, web, mobile/tablet) offers flexible trading with 30+ technical indicators and customizable charts, while MT5® expands multi-asset trading capabilities across forex, indices, commodities, stocks, ETFs, energies, and cryptocurrencies with advanced charting and professional execution features.

For strategy replication, ATFX CopyTrade (web-based) enables users to follow and mirror top traders in real time, making it suitable for both beginners and experienced traders. Integrated into MT4/MT5 and the ATFX web platform, Trading Central provides actionable insights with real-time signals and market research across a wide range of instruments.

In addition, the ATFX Support & Resistance Indicator (MT4 & MT5) helps traders identify key price levels directly on charts, supporting more informed technical decision-making across different trading strategies.

Deposit & Withdrawal

ATFX offers a diverse range of payment and withdrawal methods to ensure convenience and security for its clients. The supported payment systems include:

• VISA: A widely recognized global payment network for credit and debit cards.
• Mastercard: Another leading global payment system, facilitating secure transactions via credit and debit cards.
• Neteller: A digital payment platform enabling fast and secure e-wallet transactions.
• Skrill: A popular e-wallet service that allows quick transfers and manages digital finances.
• Perfect Money: A financial service designed for efficient online money transfers and transactions.
• Bank Transfer: Direct banking solutions for sending or receiving funds through traditional banking channels.

These methods are supported by efficient, automated processes and undergo strict audits to guarantee the safety of users funds, ensuring a reliable and seamless experience for all payment and withdrawal needs.

Customer Support

ATFX customer support can be connected through the following channels:

Live chat, contact form

Email: cs.gm@atfx.com

Headquarters: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom

FAQs

What is the minimum deposit requirement for ATFX?

$50 is required to start real trading.

What trading platforms does ATFX offer?

ATFX offers the popular MetaTrader 4 and MetaTrader 5.

Does ATFX offer demo accounts?

Yes. ATFX offers demo accounts with up to $50,000 demo money.