LEGACY-TRADERS / legacy-traders.org has been flagged by Financial Conduct 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.
LEGACY-TRADERS / legacy-traders.org changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Stable platform|Multiple order types|Low minimum deposit|Risk management tools
Cons: Account statements could be more detailed|Withdrawal takes 1-2 business days
I am in a dispute with LEGACY-TRADERS / legacy-traders.org over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Dividend tracking|Dedicated account manager|Competitive fees|Good mobile app
Cons: Nothing significant|Search feature is basic
LEGACY-TRADERS / legacy-traders.org 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: Competitive fees|Dividend tracking|Fast execution
Cons: Cannot customize dashboard fully|Withdrawal takes 1-2 business days
LEGACY-TRADERS / legacy-traders.org seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Multi-currency support|Transparent fees
Cons: Email notifications too frequent