CFX Legacy (cfxlegacy.pro) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: cfxlegacy.pro.
CFX Legacy (cfxlegacy.pro) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Copy trading available|Wide product range|Two-factor authentication|High security standards
Cons: Minor UI glitches occasionally
After for about eight months with CFX Legacy (cfxlegacy.pro) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Demo account available|Full transparency
Cons: Help articles are sometimes vague
CFX Legacy (cfxlegacy.pro) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Fast deposits|Reliable uptime|Multi-currency support|Good analytical tools
Cons: Withdrawal takes 1-2 business days
Do not use CFX Legacy (cfxlegacy.pro) for anything serious. I used them for about eight months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Transparent fees|Clean UI|Risk management tools
Cons: No crypto staking
The hidden fees at CFX Legacy (cfxlegacy.pro) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Great customer service|Good mobile app|Fast execution|Tax reports included
Cons: No live chat on mobile|Website design could be more modern
CFX Legacy (cfxlegacy.pro) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Customizable dashboard|Clean UI|Reliable uptime|Demo account available
Cons: Minimum deposit could be lower
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. CFX Legacy (cfxlegacy.pro) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Segregated accounts|Two-factor authentication
Cons: Limited social trading features|Help articles are sometimes vague
Opened my account with CFX Legacy (cfxlegacy.pro) after comparing multiple platforms and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Responsive team|API access|Full transparency
Cons: Onboarding videos are outdated|Search feature is basic
I referred a friend to CFX Legacy (cfxlegacy.pro) after attending a webinar they hosted. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Low minimum deposit|Multi-device support
Cons: None so far
CFX Legacy (cfxlegacy.pro) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Great customer service|Risk management tools|Regular platform improvements|Transparent fees
Cons: Email notifications too frequent