Check The LegacyFX Review Before Starting Trading

Currently, LegacyFX is not one of the most talked about brokers. However, the company has been established as a leader in the retail sector in recent years. Its customer support is very efficient and professional. Its education is highly appealing to beginners and experienced traders alike. The broker offers several accounts and a wide selection of assets. They are regulated by the Vanuatu Financial Services Commission. The company also has a registered office in Vanuatu. LegacyFX offers a wide variety of tradable assets, including forex, CFDs, cryptocurrencies, and stocks. The company offers leverage of up to 1:200. Its trading platform is based on the MetaTrader 5 platform. The company also offers a PAMM account for investors looking for passive income.

Demo Account At LegacyFX

The company offers a demo account that allows users to backtest trading conditions. It is best to use a demo account before opening a live account. It also offers free trading signals. However, the company does not offer third party insurance. The legacyfx review website is not clear about its regulating body. However, the company has cross-border licenses because of its European location. It does not accept dealers from the United States or Korea.

LegacyFX does not provide a way to withdraw money. It also does not provide third-party insurance, which is a common feature of some of the top brokers. It takes at least 3 business days to process a withdrawal request. It also does not list any promotional schemes on its withdrawal timetable. To participate in the referral program, you need to have a referral code. After that, you can invite your friends to join your team and earn rewards. The referral code must be entered into the referral box and the new user must have a first-time deposit of at least $10 equivalent in any asset. You can refer as many people as you want.

 Best Forex Trading Platforms

Choosing the right forex trading platform is no simple task. Some brokers build their own proprietary platforms, while others rent the services of a third party. You can expect your broker to offer a range of trading platforms, from desktop applications to mobile apps. One of the best forex trading platforms is MetaTrader 4, which is available on both desktop and mobile devices. The Best Forex Trading Platforms are known for stability and stability is a plus in the forex market. It supports nine timeframes and four different types of orders. You can also trade based on entire economies, rather than specific currency pairs.

MetaTrader 4 also boasts a mobile app, which is available for both iOS and Android. It comes with a comprehensive suite of educational resources. This platform is available for both novice and experienced traders. Another trading platform to consider is cTrader. It is a transparent alternative to MetaTrader 4. It is hosted by the platform developer and is available as a web-based platform or an app. The platform is available in several languages, and is optimized for both PCs and mobile devices.

Wrap Up

Another forex trading platform to consider is Saxo Bank’s platform. It’s not the most comprehensive in the world, but it’s well built and offers a wide variety of technical indicators and customization options. It also offers excellent brokerage and spreads. Interactive Brokers is a large financial services company that offers a wide range of services, including traditional stocks, ETFs, forex and cryptocurrencies. The company is well known for its low commissions and excellent trading platform.