LegacyFX Bitcoin Trading Review

LegacyFX broker Review
7.3 / 10 Reviewer
{{ reviewsOverall }} / 10 Users (1 vote)
Pros
  • no commissions
  • large asses selection
  • metatrader 4 and metatrader 5
  • fully regulated
  • Free technical Analysis reports
  • Large Education Package
  • 24/5 Quality Support
  • Cons
  • Initial Deposit
  • no cryptocurrency deposits
  • not in USA available
  • no localized telephone support
  • LegacyFx pushes its corporate mission to empower their clients by educating them and helping them to develop trading strategies that can offer them get the highest returns on a wide selection of assets offered by the broker.
    This is largely due to the broker’s corporate philosophy that by being transparent is the key to success..
    This Broker is at all times looking to develop better service and become a larger player and they way they are going this will happen in 2019. Of all the brokers we have reviewed and come across this is one of the brokers we feel best about.
    Trading Platform(s)8
    Trading Experience7.5
    Trading Conditions8
    Trading Execution7.5
    Commissions and Spreads8.5
    Assets for Trading Offered8
    Account Options6
    Regulation & Compliance7
    Safety and Reliability7
    Initial Deposit6
    Deposits and Withdrawals6.5
    Customer Service7.5

    LegacyFX offers low trading costs trading  as well as the peerless liquidity (to which it has direct access).

    the trading conditions are indeed very competitive But only on the higher-tier account types. Lower trading accounts have a bit lesser conditions but still in the top of the market

    LegacyFX Trading Platforms

    The trading platforms supported by the operator cover a Web-trader, a Mobile trader, as well as MT5. In a word: everything an advanced trader could ever need in this regard.

    The main advantage of the web trader is obviously that it does not have to be downloaded and installed and that it can be accessed at the click of a button.

    That considered, the charting capabilities of the platform are even more impressive. In addition to the different chart-types, time frames and technical indicators it supports, it also offers live support and a news-feed.

    MT5 is without a doubt the world’s most advanced trading platform and gains momemtum on its predecessor “MT4” . It excels in every regard and it offers features that cannot be matched by any of its competitors.

    Its charting capabilities are simply superb. It covers a massive range of time frames, chart types and technical indicators. MT5 is what’s called a fully customizable trading environment. What this means – among other things -is that in addition to the 50+ technical indicators that come pre-installed with the downloadable platform, traders are free to install their own, acquired from 3rd party creators. What’s more, traders can even create their own technical indicators through the MT5 platform.

    The same goes for EAs – some of the most appreciated assets of MT5. Through such Expert Advisors and custom scripts, traders can automate the trading process to a degree where their direct intervention is barely required. Mind you, EAs have nothing in common with auto-trading scams that used to be the rage a year or two ago. They simply execute strategies defined by traders, in a manner defined by traders, without outside intervention.

    MT5 also supports multiple order-types, such as market orders, trailing stops and Stop limits.

    LegacyFx Deposits & Withdrawals Options

    LegacyFx is able to provide its traders a wide selection of payment methods for them to use to fund or withdraw their funds at the brokerage.  These methods include credit/debit cards, bank wire transfer and eWallets such as Skrill, Webmoney. In total, there are 49 different payment methods supported by LegacyFx.

    As for the time required for a withdrawal, it takes around 3 to 5 business days for the entire withdrawal process to be completed.

     

    Have another experience , we would love to hear about it 

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