Legacy FX Bitcoin Trading
LegacyFX has since it start grown steadily and now houses more than 200 experts in the financial and software industry.
Trading Bitcoin With LegacyFX
including EA capability, strategy testing and industry-leading charting.
Legacy FX Bitcoin Trading Company Information
| Regulated by | Cysec |
| Headquarters Country | Cyprus |
| Foundation Year | 2012 |
| Publicly Traded | No |
Trading Account Options
| ACCOUNT TYPE | INFO |
|---|---|
| Min. Deposit | $500 |
| Max. Leverage | 1:30 |
| Mini Account | Yes |
| Demo Account | Yes |
| Segregated Account | Yes |
| Islamic Account | Yes |
| Managed Account | No |
Legacy FX Background and Regulation
LegacyFX Bitcoin Trading and Forex Trading Service Provider is a Global Brand with its headquarters in Limassol Cyprus. yet they provide services in 4 different languages, English, Spanish, German and Arabic.
The company was established in 2012, and it had a rough start, it has made up for that in the last 3 years by rebranding and under new management.at the head office at 47 Ioanni Kondylaki Street, Q Tower, CY 6042, Larnaca, Cyprus.
Their main focus today is on their clients, regularly providing them with a quality of service and products.
Their main Features are
- The brokerage is authorized and regulated by CySEC.
- The trading platform provided is Metatrader 5( MT5).
- Multiple payment options in over 10 currencies.
- “Legacy Academy” has over 80 video lessons for the training of beginner traders.
Trading Platform for LegacyFX Bitcoin Trading
Like many other regulated companies GXFX uses the platform of metaquotes but they offer the MetaTrader 5 instead of the MetaTrader 4. they used to provide this and clients that have an account there and are trading on the MT$ of LegacyFX are still able to do so, but now they are pushing for the MT5.
this makes sense since also metaquotes no longer gives out licenses for the MT4, so they are ahead of the curve as it were.
MetaTrader 5 trading platform from Metaquotes, which is the next version of the MT4 which has been the leading global trading platform for the last 10 years.
This platform includes a mobile application as well as an online platform offering great flexibility and easy access anytime. Besides, it will also bring you the latest financial reports, as well as careful analyses and charting capabilities.
LegacyFX Account Types
LegacyFX offers a few different account types, all of which have been designed to offer the trading conditions to the clients in a way that makes sense for that particular client
they Have a full-service demo or practice account if you want to see their platform in action before you commit your funds. The demo account allows you to have access to the trading platforms and trade the markets virtually without suffering from any monetary risks.
Banking Options
As Legacy FX recommends it, the easiest way to deposit funds is to use a credit or debit card.
The minimum deposit is 500 GBP/EUR/USD. There is also a possibility to use an e-wallet – Skrill, as well as a bank transfer – Sofort and iDeal. below you see the large list of possibilities they offer, this is one of the larger ones we have seen in the industry. the fact that a broker is able to work with and through all these payment processing services tells about their reputation.
LegacyFX Bitcoin Trading Customer Service
LegacyFX cares about their clients which means they offer great support at any time. They have a pretty extensive FAQ section which can help you a lot and knowledgeable staff to assist you further.
How do I open a trading account with LegacyFX?
You are eligible If you are 18 or over and have your own bank account, you may open an online trading account with Legacy FX by clicking on the New User link above our top menu or open an account on our home page.
How long does it take to open a trading account with LegacyFX
Opening an online trading account is immediate. Once you have filled in your details, you will receive an email with your user name and password, and you can start trading.
What trading account types does Legacy FX offer?
Legacy FX offers three types of live trading accounts and one demo trading account. Our live accounts include the Silver Account for newcomers and beginners, the Gold Account for traders who are familiar with foreign exchange and the Platinum Account for advanced/experienced foreign exchange traders. Our free trial Demo account, with balance of $10,000 provides total access to all trading platforms (web, PC-based & mobile) under real-time market conditions.
Can I open multiple trading accounts with LegacyFX?
Yes. A live account and a demo account. You can easily switch between accounts by selecting that account on the file tab.
The Review
LegacyFX
LegacyFX cares about their clients which means they offer great support at any time. They have a pretty extensive FAQ section which can help you a lot and knowledgeable staff to assist you further.
PROS
- Low forex fees
- Regulated broker
- Advanced & user-friendly MetaTrader 5 platforms
- 24-hour dedicated customer support
- Negative balance protection
- Segregated client funds
CONS
- $250 minimum deposit
- No MetaTrader 4 (MT4) platforms
- No USA traders
- higher end fees
