A Comprehensive Review of LegacyFx: Unleashing the Potential of Modern Forex Trading

Today, we depart from our regular broker reviews and turn our attention to one of the newer entities to grace the trading scene: LegacyFx. Established in 2017, this trading platform is a subsidiary of AN ALL NEW INVESTMENTS (VA) LTD and A.N. Allnew investments Ltd (CY). It comes with an impressive line-up of trading features, aimed at both novice and seasoned traders. Let's dive into the details and see if LegacyFx lives up to its potential.

About LegacyFx Broker

LegacyFx, online since 2017, is making noticeable ripples in the trading world with its low spreads and a solid selection of trading options. Despite its relative newcomer status, LegacyFx boasts a serious regulation compliance, ensuring that its operations align with industry standards and measures.

But is it the right platform for you?

The minimum account size of $500 ensures that you are ready to dive into the world of forex trading with just enough to keep your risks calculated, yet your potential growth promising.

With an average broker rating yet to be determined, we're keen to provide prospective traders with a comprehensive overview of what LegacyFx offers.

LegacyFx's Trading Features: A Wealth of Possibilities

LegacyFx boasts a plethora of key trading features that set it apart from its more 'traditional' peers.

• Trading by Phone: Trading has never been this ease-of-access. With this feature, you can trade on-the-go, ensuring you never miss a key moment.

• Free Education: Whether you're a beginner or an experienced trader needing a refresher, LegacyFx has your back - with free trading education to help you navigate the tricky waters of the financial market.

• MAM, LAMM, and PAMM: Stands for Multi Account Manager, Lot Allocation Money Management, and Percent Allocation Management Module respectively. These features allow professional traders to manage multiple accounts simultaneously.

• VPS: This feature or Virtual Private Server allows automated strategies to run smoothly and uninterruptedly.

• Segregated Accounts: LegacyFx holds your funds in segregated accounts, further adding to the security of your trading journey.

• Trading Contests: Put your trading skills to the test with regular trading contests and stand a chance to win exciting prizes.

• Personal Manager: LegacyFx provides a personal manager to assist you in your trading journey, aiding with advice and handling any issues that may arise.

With sophisticated features like these coupled with its max leverage yet to be specified, LegacyFx embarks on a promising trajectory in the trading universe.

Should USA Traders Consider LegacyFx?

One key thing to note is that currently, LegacyFx does not allow US traders. It seems that the platform is focusing on consolidating and expanding its services in other markets before heading to the USA. It's certainly something to watch out in the future!

The DayFunded Verdict on LegacyFx

The assurance of serious regulation, a low spread, and a remarkable variety of services makes LegacyFx a promising option for those on the hunt for a modern forex trading platform. With its intuitive, user-friendly interface, and a robust educational support, LegacyFx is a platform that's truly invested in the trading journeys of its users.

Be sure to keep watching this space for updates on LegacyFx and other brokers. Happy trading!