Is legacyfx safe?

By Nathaniel Shibane, from South Africa, July 16, 2021 at 11:59 AM

I want to know if this broker is registered and is safe to trade with them.

Answer: Hi Nathaniel Shibane,

LegacyFX under domain is an EU-regulated broker. However, there is another domain for international traders –

An international proposal running through additional license in Vanuatu, or AN ALL NEW INVESTMENTS (VA) Limited. The trading conditions here are different and applicable to other laws and regulations. It was always quite risky to trade with offshore zones and we should definitely mention that trading with AN ALL NEW INVESTMENTS (VA) Limited subsidiary is not safe.

However, as we always recommend check on the regulation carefully and never sign in with an only offshore registered broker (read more why avoid trading with offshore brokers).

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