LegacyFX cryptocurrencies Trading Reviewed
LegacyFX is a premium forex brokerage that is slowly but surely taking its position as a top retail forex broker for the primarily European Market.
The broker offers only 1 Trading platform and this is the MetaTrader 5
Along with forex, it provides trading in various instruments like indices and stocks.
Now a Cyprus based firm- A.N All New Investment Ltd., owned the legacyFx, which is also regulated by CySEC.
they work by the strictest regulatory requirements and aim to be the most transparent broker in the industry.
This Broker truly aims to help the trader, they will provide you with whatever data and trading statistics of your trades you require., they are very knowledgeable and when we talked to them as clients they were very professional and experienced. in short we felt that we had a broker here that knows where it wants to go and how to get to the top among the brokerages available in the European Market.
Trading Cryptocurrencies with LegacyFX
this is a new area for this brokerage and they slowly enter this market like all other brokers, they offer bitcoin Trading and some other cryptocurrencies to trade against the Usd and other majors.they keep the Leverage very low to Max 1:10 as they are required to do so in compliance with the regulations.
they offer the Metatrader 5 which of course does not require much of an introduction
this trading platform is able to let yo be the best trader you could possibly be, with all the tools, indicators and ea’s that one might ever need
TRADING ACCOUNTS offered by LegacyFX:
LegacyFX offers various trading accounts, on the basis of the initial deposit amount. Leverage is the same for all the accounts, and all offer the same minimum trade lots. Moreover, all the accounts are commission free but spreads are high in comparison of other forex brokers.
Minimum Deposit Requirement:
LegacyFX set high minimum deposit requirement to open an account with them.
There are also accounts for the larger investors and since the clients that I have spoken to that have an account there as yet have to have their retention is famous.
Maximum Leverage: 30:1
Methods of Payment: Like many other forex brokers LegacyFX also supports several payment options; e-pay, cashU, AstroPay, WebMoney, safecharge, e-wallets etc.
that said the options they offer is numerous and exceed any other number we have encountered with any other broker making it for every trader very easy to start trading with LegacyFX
The LegacyFX is a premium and trustworthy broker, regulated by CySEC, which offers to trade in various instruments on the platform MT5, this is a highly professional operation run by people that clearly look to be in the market for a very long time. this required the proper mindset towards their clients and this they have , in short one of the better options for trading in general and now also for trading cryptocurrencies.