BaFinGermanyTier 1Licence number
No number recorded
View licence record- Licence holder
- Held by LegacyFX
- Licence type and regime
- Financial Service
Not checkedUpdated
At a glance
Regulation on record for LegacyFX
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 5
- Issuing authorities
- 5
- From tier-1 or tier-2 authorities
- 3
- Found on an official register
- 0
LegacyFX has 5 licences on record with Wikilix, issued by 5 authorities across 5 jurisdictions. 3 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for LegacyFX, strongest authority first.
5 records
- BaFinGermanyTier 1
FCAUnited KingdomTier 1Licence number
797343
View licence record- Licence holder
- Held by LegacyFX
- Licence type and regime
- Financial Service
Not checkedUpdated
CySECCyprusTier 2Licence number
344/17
View licence record- Licence holder
- Held by LegacyFX
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
NBRBBelarusTier 3Licence number
193180778
View licence record- Licence holder
- Held by LegacyFX
- Licence type and regime
- Financial Service
Not checkedUpdated
VFSCVanuatuTier 4Licence number
14579
View licence record- Licence holder
- Held by LegacyFX
- Licence type and regime
- Financial Service
- Offshore
Not checkedUpdated
Protection
What this licence protects
BaFin's own rules for the firms it authorises.
- Compensation schemeUp to €20000
- Client money kept separate
- Negative balance protection
- Complaints routeBaFin Complaints Unit
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by LegacyFX
Answered from the register entries on this page.
Most Popular Questions
LegacyFX supports KYC procedures as part of regulatory compliance, including account verification and investor profiling. Customer support is available primarily in English, with live chat accessible during business hours and additional contact options via phone, email, and social media.
LegacyFX offers a maximum leverage of up to 200:1. Trading limits include restrictions on binary options. The leverage and trading conditions comply with regulatory requirements depending on the jurisdiction, such as 30:1 leverage limits under CySEC and FCA regulations.
LegacyFX accepts deposits and withdrawals via credit/debit cards, e-wallets like Neteller and Skrill, bank wire transfers, cryptocurrencies such as Bitcoin, and other methods including MyFatoorah and Perfect Money. Minimum deposits start at $500, with processing times ranging from instant to a few days depending on the method. The broker covers fees on transactions above $200.
LegacyFX provides the MetaTrader 5 platform, which supports desktop and web trading. MT5 is a multi-asset platform known for advanced analytics, faster execution, and algorithmic trading tools.
LegacyFX is regulated by multiple authorities including CySEC in Cyprus and the FCA in the UK. Client funds are protected up to €20,000 under the Cyprus Investor Compensation Fund and up to £85,000 under the UK FSCS. The broker operates under onshore licenses with high transparency and complaint mechanisms in place.
LegacyFX has 5 licence records with Wikilix, issued by 5 authorities across 5 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
LegacyFX holds licence records issued by BaFin, FCA, CySEC, NBRB, VFSC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
3 of the licence records held by LegacyFX come from tier-1 or tier-2 authorities (2 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 5 licence records held by LegacyFX has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
LegacyFX has licence records in Germany, United Kingdom, Cyprus, Belarus, Vanuatu. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.