Legacy FX Demo Account
- Name :Legacy FX
- Website :legacyfx.com
- Established :2017
- Regulation :CySEC
- Country :Cyprus
- U.S. Clients Allowed :No
Legacy FX is a Regulated Forex and CFD broker with its headquartered in Cyprus They are regulated in Cyprus under CySEC. They provide a trading platform that offers new and experienced traders a wide range of assets for trading.
This Includes in indices, commodities, individual stocks, and Forex currency pairs across both major and minor financial markets.
Legacy FX Demo Account Details
LegacyFX allows you to practice forex trading by providing the live Trading feed to a practice account that will have real data. Using the Forex demo account, you will get multiple benefits:
- Getting an understanding of the mechanism of trading forex
- a feel for the speed and feel of a live feed and actual Trading environment
- No Risk at losing any funds as the account is free
- developing your own forex strategies in the right way.
- the account holds $10,000 Virtual Money for you to trade with and I am sure that when you go through this but still do not feel ready they will add funds again. I do believe that $10,000 is a good amount as too much makes you as a trader careless and this would not help you to get better.
- you will have this account in default for 30 days available so better make the best of it.
- the platform is for their Metatrader 4 trading platform which is the best known and most used trading [platform in the retails trading industry.
In short, the Legacy FX demo account is a good offer for a demo account which forces you to take trading seriously. as they understand that trading is not a game and should not be perceived as such the limitation push you in the right direction with the pressure of time you will feel more like what trading is all about.
Legacy FX Educational tools.
this is where Legacy FX excels.
the traders LEGACY ACADEMY is one of the best ones in the market and will guide you to knowing what you are doing and trading with confidence.
THE TRADING ACADEMY INCLUDES A TOTAL OF 82 LESSONS!!
there are some other tools like a glossary and Market news but the academy is what makes them stand out.
Legacy FX Trading Platforms
the Platform they offer is the Metatrader 5 trading platform. the best and latest trading platform developed by Metaquotes. this trading platform is p[erfectly suited for the more advanced traders as well as for those that look to make trading their career.
this platform is the big brother of the Metatrader 4.
all the traders that have an MT4 account and are still trading are able to continue doing this for the moment but from what we understood will all new accounts created on the MT5 trading platform.
Legacy FX Mobile Trader
Trade anywhere at any time with the Legacy FX mobile app – Accessible for Android, iOS, Windows-Mobile, and Blackberry based mobile phones and tablets.
The world’s most popular and powerful trading platform. with full EA support and amazing charting solutions.
As I mentioned they still have this platform but do not actively push trade towards it. simply because MT5 is superior and in the end, everyone will trade there anyways.
Legacy fx demo account: if you plan to trade and learn this is one of the best brokers you can choose, their academy and knowledge of their support should be more then enough to get you started and on the right track,
Risk Warning: Trading Foreign Exchange (Forex) and Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin.
FX and CFDs carry a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all of your invested capital.
You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Seek independent advice, if necessary. Risk Disclosure of Legacy FX.