Forex Brokers

legacy fx

1.4 (7 reviews)
🇴🇲 Oman
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1.4
7 reviews
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About legacy fx

legacy fx has been flagged by Financial Services Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Webinars are product pushes

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Noah R.
2 months ago

I found legacy fx from a blog post comparing services and the initial impression was positive. But for close to eighteen months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Competitive fees|Multi-currency support|Copy trading available

Cons: Would like more payment methods|Minor UI glitches occasionally

Not worth a single penny

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Iris K.
5 months ago

I lost a significant amount because legacy fx did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: Quick verification|Dedicated account manager|Comprehensive tools

Cons: Inactivity fee applies after 12 months|Nothing significant

Unprofessional and unreliable

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Patrick E.
7 months ago

I had high hopes for legacy fx through a financial advisor, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.

Pros: API access|Automated trading options|Real-time alerts|Tax reports included

Cons: Live chat only during business hours|Alert system is basic

Check regulatory status before investing

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Oliver S.
8 months ago

I looked into legacy fx and found they appear in the regulatory warnings database. Financial Services Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Pros: Information is publicly available for verification

Cons: Flagged by international regulators|Due diligence required

Would not recommend to others

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Megan N.
10 months ago

The platform at legacy fx is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since I opened my account last year of dealing with this, I have had enough.

Pros: Smooth onboarding|Intuitive for beginners|Dividend tracking

Cons: Wish they had more educational resources|Some tools only available on higher tiers

Checked with regulators - they're not licensed

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Maria O.
11 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that legacy fx has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Flagged by Financial Services Authority|Cannot verify credentials

Cannot withdraw funds - classic scam

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Daniel O.
1 years ago

I want to warn everyone about legacy fx. They have been flagged by Financial Services Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Cons: Cannot withdraw funds|Not regulated|Pressure tactics