If you’re thinking about investing in LegacyFX, then you need to read this LegacyFX review first. I’m going to tell you everything you need to know about the company, from its history to its trading platform.
What is LegacyFX trading company?
LegacyFX is a Cyprus-based forex and CFD broker that was founded in 2015. The company is owned by Tradestone Limited and is regulated by the Cyprus Securities and Exchange Commission (CySEC).
What are the Benefits of using LegacyFX trading company?
LegacyFX offers three account types – Standard, Silver and Gold – with a minimum deposit of $500 for the Standard account, $2,500 for the Silver account and $5,000 for the Gold account. All accounts offer leverage of up to 1:200 and spreads from as low as 0.1 pips.
The broker also has a demo account available so that traders can test out the platform before committing any real money.
The LegacyFX platform is based on the MetaTrader 4 (MT4) software and includes all of the features that are standard with MT4 such as advanced charting tools, a wide range of technical indicators and Expert Advisors (EAs).
One thing that sets LegacyFX apart from other brokers is their customer service which is available 24/5 via live chat, email or telephone. The customer service team is professional and helpful, which is reassuring given that they are dealing with your money.
Another plus point for LegacyFX is that they offer a free VPS service to all traders who deposit $5,000 or more into their account. This is useful for those who want to automate their trading using EAs as it means that your EAs will always be running even if your computer is turned off.
So far, I have been very impressed with what LegacyFX has to offer but there are a few downsides that I should mention. Firstly, the broker only offers three account types which may not be suitable for everyone. Secondly, the minimum deposit requirements for some of the accounts are quite high compared to other brokers.
Overall, I would say that LegacyFX is a good choice for those looking for a reliable forex broker with a good selection of features and customer service that is available 24/7.
What is an IC Markets demo?
An IC Markets demo account is a great way to learn about forex trading and test your strategies in a risk-free environment. With an IC Markets demo account, you can trade with virtual money and access all the features of our live trading platform. Best of all, you can practice trading with real market conditions without risking any of your own capital.
If you’re new to forex trading, or if you’re looking for a way to test your trading strategies without putting any real money at risk, an IC Markets demo account is the perfect solution. Here’s everything you need to know about our demo accounts, including how to open one and what benefits they offer.
What is an IC Markets Demo Account?
An IC Markets demo account is a simulated trading environment that allows you to test your forex trading strategies under real market conditions. With a demo account, you’ll have access to our full suite of forex trading tools and features, including live price quotes, charting tools, news and analysis from our expert research team.
You’ll be able to place trades using virtual money, so there’s no risk of losing any of your own capital. And because the prices on our demo platform are the same as those on our live platform, you’ll be able to get a realistic sense of how your strategies perform in the real world.
What are the benefits of an IC Markets demo?
An IC Markets demo account is a great way for traders to get started with trading forex. It allows them to try out the platform and practice their trading strategies without risking any real money. The benefits of using an IC Markets demo account include:
-Traders can test out the platform and see if it suits their needs
-They can practice their trading strategies without risking any money
-The demo account is free to use
Once you’re ready to start trading with real money, you can easily upgrade your account from a demo to a live account with just a few clicks.
What is an XM broker?
XM broker review, XM is a broker that offers forex and CFD trading. They are headquartered in Cyprus but also have offices in Belize, the UK, Australia, Greece, Hungary, and South Africa. XM has been offering their services since 2009 and they are regulated by CySEC in Europe and ASIC in Australia.
In terms of features, XM offers a wide range of assets to trade including forex pairs, metals, energies, equity indices, and cryptocurrencies. Their platform options include MetaTrader 4/5 as well as their own web-based platform which is available in over 30 languages. Account types vary from micro accounts with spreads starting at 1 pip all the way up to VIP accounts with raw spreads starting at 0 pips. Leverage goes up to 500:1 for retail clients although professional clients can request higher leverage if necessary.
