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Unproved

Unproved
Cyprus
2012 (14 Years)
Last online: No recent activity
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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Warning Report is a record of alerts about trading activities, account management, or compliance issues. It helps you keep track of potential risks or problems in your trading account.
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May 02, 2024
We found that LegacyFX's licensing enforcement does not comply with the VFSC. The company that holds the license 14579 is called ZYNERIX INNOVATIONS LTD.
Get to know LegacyFX
Company Information
Get to know LegacyFX
Founded in 2017, LegacyFX is a global brokerage firm providing online trading services in over 200 financial instruments, including forex, indices, commodities, and stocks (as CFDs). The company is operated by A.N. Allnew Investments Ltd, which is regulated by multiple financial authorities, including CySEC and VFSC. LegacyFX aims to provide a transparent, secure, and technologically advanced trading environment for both novice and experienced retail traders, emphasizing client education and support.
Industry
Software
Meta Trader 5
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Research date: Sep 28, 2025
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