Elijah Alexander A_ Brown

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Is LegacyFX a legit broker or a scam?

LegacyFX is operated by AN All New Investments Ltd, based in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC, license 344/17). Its official website for EU clients is https://www.legacyfx.eu . Because CySEC is part of the EU regulatory framework (MiFID II), clients under this entity benefit from segregated accounts, compensation schemes, and investor protection rules. However, LegacyFX also runs offshore branches under different regulators (e.g., FSA Seychelles), where protections are weaker but leverage is higher.