✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in LegacyFX. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about LegacyFX and tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | legacyfx.com |
| 🏠 Company | AN ALL NEW INVESTMENTS (VA) LIMITED |
| ️ Regulatory | FCA, BaFin, CySEC, NBRB, VFSC |
| [email protected] | [email protected] | |
| 📈 Leading | MetaTrader 5 |
| 📌 Direction | Cyprus and Vanuatu |
⚠️ LegacyFX is owned by AN ALL NEW INVESTMENTS (VA) LIMITED, the company is located in Cyprus and Vanuatu, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️
Account types
Now we move on to analyze the types of accounts that LegacyFX offers, in this case, we observe that it offers 7 different types of accounts:
| Account type | Minimum initial deposit |
| Standard | $250 |
| Silver | $1.000 |
| Bronze | $3.000 |
| Gold | $5.000 |
| Platinum | $10.000 |
| Premium | $25.000 |
| VIP | $50.000 |
Information on the web
LegacyFX provides a basic explanation of the financial products it offers, an explanation of the different instruments that are possible to trade, video lessons on different topics related to the world of investments, some ebooks (although the books and videos are in English), news about the market (also in English, not much more than this.
List of phone numbers
- +41315087455
🚫 LegacyFX Final Rating 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH LegacyFX.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about LegacyFX:
| Date | Update – news |
|---|---|
| September 2022 | We receive a lot of messages from LegacyFX clients claiming that they are unable to withdraw their capital. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with LegacyFX.
At the end of the review you will find customer comments.
How to Claim Money Scammed by LegacyFX
How to Report LegacyFX
FAQs
How can I report LegacyFX?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is LegacyFX a scam – is it scam?
Yes. We believe LegacyFX is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is LegacyFX reliable?
No. LegacyFX is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from LegacyFX?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to LegacyFX?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
1 week ago I started with them, so far they work well.
Hi Lola, thanks for commenting on LegacyFX. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
Greetings.
THEY NEVER LET YOU WITHDRAW, THEY ARE SCAMMERS. MY EXPERIENCE WITH LEGACYFX IS REALLY VERY BAD
Hi Oliver, thanks for commenting on LegacyFx. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.