LegacyFX Review 2023 - Best Forex Broker Africa



Broker TypeBest Forex Broker
Free SupportYes
Bonuses, PromotionsYes


Trading Info


Years of professional experience in the financial markets has positioned LegacyFX as one of the most trusted and transparent brokers in the industry.
LegacyFX has provided a wide range of products and services for traders worldwide since 2017. Segregation of Client Funds | VFSC Complied | 200+ Trading Instruments | Spreads Starting at 0.5 Pips


Legacy FX strives to build trust through openness and provide great products and services. We do this by being compiled and fully regulated by Vanuatu Financial Services Commissions (VFSC) under license number 14579. Overall, our main objective is to enhance financial transparency and offer greater client protection for our customers.


Our philosophy is simple: Knowledge is Power.
Therefore, we endeavor to empower and educate our clients so they will receive the best returns of their investment through direct firsthand knowledge.
With this notion in mind, we offer an education center to our clientele.
Here, clients can find a variety of video lessons, trading platform tutorials, downloadable eBooks on a wide range of trading-related subjects, and webinars presented by industry experts.
On top of this, LegacyFX also provides advanced trading tools and analysis, as well as daily, weekly, and monthly market research, signals, channels, and updates.
Overall, such tools can greatly aid in enriching your own personal knowledge of not just our platforms and systems but on trading in these markets as a whole.


LegacyFX charges no swaps on long-term positions nor has hidden commissions and fees, providing ideal conditions for long-term trading and investment.
Our trading conditions are amongst the tightest spreads available in the market, starting at only 0.5 pips. LegacyFX ensures all trades are executed at the best available price, with note quotes, which make a perfect, all-in-one experience for traders at any level. Additionally, we operate your account under negative balance protection along with the complete segregation of your funds from the company’s assets.


LegacyFX offers various account types to traders of all experience levels.
Each type is based on a client’s specific financial capabilities and accordingly offers the appropriate set of tools and resources that would be most beneficial for them.

LegacyFX Trading Information 2023

Broker Website LegacyFX
Address M2RP+C79, Agias Filaxeos, Limassol 3087, Cyprus
Headquarters Cyprus
24 hour support Yes
Partnership programs No
Expert advisors Yes
Free education L
Bonuses, Promotions Yes
Sponsorship contests, competitions L
Trading by phone No
Mobile trading Yes
Automated trading L
Demo account Yes
Swaps L
24/5 trading yes
Scalping L
Hedging L
Digits after the dot in quotes L
Minimum position size L
Pip spread on majors 0.0 pips
Spread Type Fixed/Variable
Maximum Leverage 1:400*
Standard account, $ 500
VIP account, $ 50,000
Popular payment methods Wire Transfer, Credit Card, Debit Card, Moneybookers, Paypal, Neteller, Skrill,
Account currencies USD, GBP, EUR, JPY, NZD, CAD, AUD
Available assets M2RP+C79, Agias Filaxeos, Limassol 3087, Cyprus
Languages English, Spanish, French, German, Portuguese, Japanese, Italian, Mandarin, Chinese, Indonesian, Malay, Thai, Arabic, Vietnamese, Korean, Czech, Slovak
Platforms MT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for Multi Terminal, MT5 for Android, MT5 for iPhone, MT4 for Android, MT4 for iPhone. MT5 for Android, MT5 for iPad, MT4 for Android, MT4 for iPad
Broker type ECN/STD
Regulation VFSC
Foundation 2017
Copy Trading Brokers No
Bitcoin Forex Brokers No


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