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LegacyFx Reviews Read Customer Service Reviews of legacyfx eu

legacy fx scam

It is easy to install the MT5 plugin and get a simple interface with all of the Autochartist features which your can customise according to your preferred trading environment. MT5 is available on personal computers, MAC and smartphones (iOS & Android). It should be noted that the web and mobile version do not have all of the same functionalities as the desktop platform. I personally use the desktop platform for analysing charts in great detail and for running my automated strategies. The trading app is great for following your positions and the latest market news as and when you feel like it.

  2. I don’t think my trading experience would have been that good if Damian was not my Guru!!
  3. So take the time to research LegacyFX thoroughly and make the most of your online investing experience.
  4. Rewards include branded merchandise and access to specialized content.

I joined Legacyfx with no knowledge of…

LegacyFX is based in Vanuatu and is fully regulated by the VFSC. The broker has additional regulation in other jurisdictions in which it operates, including regulation through CySEC for customers based in the EU. All client funds are kept in segregated accounts, separate from the broker’s operating funds, to protect clients in the event that the broker should become insolvent. Customers are also offered negative balance protection on retail accounts.

Legacy FX Review

I traded for 3 years with four different account managers at Legacy Fx. They sent me so called signals…And recommended me to trade without stop loss…you can really trust these people…I took a trading course that taught me the opposite to what Legacy Fx told me! Now I’m trading with an other broker that don’t try to push me to deposit more money every day. There is also a menu in the top right-hand corner of the homepage, which is where you can log into your account, or indeed sign up for either a demo or live account if you have not yet done so.

legacy fx scam

LegacyFX Trading Accounts Offered

Many traders like, and have made good profits from, the signal services of LegacyFX according to users’ comments. The service seems to have lived up to expectations for the most part. With that being said, most traders count the few losses with the signal service as negligible. LegacyFX is a forex broker with seven years of experience that also offers signal services on the side. Desktop, mobile, and web trading versions of MetaTrader 5 are available. Overall, we can safely say that MT5 is a great trading platform that can be used not only for order placement but for conducting in-depth technical analysis as well.

legacy fx scam

LegacyFX Education

With that being said, the broker cannot allow all traders from the EEA. I really enjoyed the webinar and my approach to analyze the market structure and sentiment by only looking at trend lines, support and resistance lines greatly improved. EURUSD forex pair was also an excellent example for the practical lesson. If you chose the international website as opposed to the European one you will get great account management from which I receive from Martin who is excellent. At the beginning he helped me manage my account and also receive daily market updates and opportunities. Had some problems with compliance but Martin even helped to get these resolved.

Ever since I joined legacyFX life has…

Yes, LegacyFX is a reputable, licensed broker that adheres to strict operational standards. The broker offers negative balance protection to all clients, 256-bit Rapid SSL encryption on all transfers as well as firewalls. Overall, LegacyFX is good option for advanced traders with sufficient capital to trade with a premium account and those that are familiar with the MT5 platform.

legacy fx scam

Learn Forex Trading

They helped me retrieve my money through a coin chargeback process, since i made all the payments with bitcoin. I urge you to stay away from LegacyFx, they just want to steal your money. LegacyFX provides legacy fx review its clients segregated accounts with negative balance protection, as well as free trading tools like indicators and trading signals. The broker also offers copy trading and algorithmic trading services.

We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. I have personally lost over £200,000 by following their signals. I stopped following their advice and my account was in a hedge but I still got margin called somehow. These people need to be locked up and prevented from ruining peoples lives. We are proud to sponsor the professional Spanish football club, Real Betis Balompié, with whom we share the same core values and drive for success.

The webinar was very helpful.Just one part I think should have been treated differently. The speaker said «never trade without a stop loss» May be this could get explained deeper with making a difference between small capital (trading with stop loss) and bigger capital (trading with margin). I often made the experience, that forex trades hit SL and a day later would have went into profit. So if you have enough margin, may be better without SL as long as the SL mark does not mean a trend change in the price development.

Overall, strict financial regulation is essential for ensuring that trading platforms like LegacyFX operate fairly, transparently, and responsibly, which ultimately benefits all LegacyFX stakeholders involved. Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with LegacyFX involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Compared to other brokers, LegacyFX offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow. As part of our LegacyFX review, we review customer service options, response times and problem resolution effectiveness on the LegacyFX trading platform. The LegacyFX trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian. LegacyFX.It’s essential to take the time to learn about the financial markets and understand how they move before diving into trading with LegacyFX.

legacy fx scam

In addition to educational material, the broker also offers market analysis, trading calculators, market news, and technical analysis to its clients. Overall, the educational material and tools for research are extensive with this broker. LegacyFX demo accounts allow clients to try out the broker’s services, and platforms and to practice trading strategies risk-free by using virtual funds.

Awareness of these LegacyFX fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your LegacyFX funds. With LegacyFX you will need a minimum deposit of $500.You can sign up for a demo account to acquaint yourself with LegacyFX platform. Our team has endeavored to break down the complex world of trading with LegacyFX into easily digestible information in this LegacyFX review. We want to ensure you have all the knowledge necessary to use the LegacyFX trading tools confidently, from depositing and withdrawing funds to executing trades. You must be diligent and thorough in your LegacyFX review selection process to safeguard your hard-earned money.

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