Wikilix
Licence record

BaFin licence recorded for LegacyFX

Holder
LegacyFX
Jurisdiction
Germany
Licence type
Financial Service

This is Wikilix's record of a licence issued by Federal Financial Supervisory Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Sep 10, 2026

Licence Verification Record

Federal Financial Supervisory Authority No number on the register

Recorded from the firm's own disclosure. Not yet checked against the register.

Issuing authority
Federal Financial Supervisory Authority
Holder
LEGACYFX
Jurisdiction
Germany
Licence type
Financial Service

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/licenses/federal-financial-supervisory-authority/legacyfx/licence-4243Fields on file 1 / 11

Open LegacyFXAbout BaFin
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 1
Jurisdiction
Germany
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence type (Wikilix classification)
Financial Service
The authority

About BaFin

Federal Financial Supervisory Authority is the authority that issued this licence, and the jurisdiction it applies in is Germany.

Full name
Federal Financial Supervisory Authority
Jurisdiction
Germany
Strength
Tier 1The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
2002
Oversight
A government or statutory body
Firms we track under it
174 firms
Regulates
Stocks, Options, Futures, CFD
Licences it issues
KWG Investment Firm Licence
Typical cost of a licence
€100000-150000+
Public register
Searchable by the public
Transparency
High
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
This describes the authority's regime, not how LegacyFX applies it.
The holder

Who holds this licence

The licence above is recorded against LegacyFX. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
LEGACYFX
Based in
Cyprus
Wikilix score
58.0the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • A.N. ALLNEW INVESTMENTS LIMITEDCyprus · Reg. HE348194 · Oct 23, 2015
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences LegacyFX holds

4 other licences are on record for LegacyFX.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

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 holds this BaFin licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the BaFin register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates BaFin tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
LegacyFX has 4 other licences on record with Wikilix, across 4 jurisdictions. They are listed further down this page.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.