Among the top retail brokers, LegacyFX has established itself as a leader in recent years. Founded in 2009, this broker offers several trading tools and services. These include high-end software, a demo account and educational materials. The broker’s business strategy revolves around education. This approach helps both parties to benefit from trading. LegacyFX offers several types of accounts to suit the needs of different traders. The Silver account requires a $500 minimum deposit. This account is not suitable for beginners. The minimum deposit for the Gold account is $5,000, while the Platinum account requires a $25,000 minimum deposit. These accounts provide leverage of up to 1:200.
LegacyFX Broker For Winning Trade
LegacyFX has a very user-friendly website with excellent features. The website offers information about tradable assets and provides a comparison table. There are also educational materials and videos. The website is available in several languages and provides various tools. LegacyFX provides customer support through a live chat, email and telephone. The customer support staff are courteous and professional. They are available Monday through Friday between 08:00 AM and 2400 GMT.
LegacyFX also offers a demo account for back-testing trading conditions. This demo account is not suitable for live trading. It provides access to the MetaTrader 5 platform. The broker does not provide third-party insurance for client accounts. The broker accepts major credit cards, including Visa and MasterCard. The legacyfx review uses ECN technology, which implies a faster trade execution. The broker offers more than 200 tradable assets as working instruments.
Forex Platforms Also Help Traders
Choosing the Best Forex Trading Platforms is a critical decision. You want a platform that provides you with a variety of tools and features that will help you achieve your trading goals. You also want to choose a broker that can provide you with customer support and educational resources. Saxo Capital Markets offers brokerage services designed for experienced and sophisticated active traders. Their platform includes a broad range of features, including customizable order types, and an excellent selection of technical indicators. However, their platform is not as advanced as some of the other options on this list.
IG is a forex and CFD broker that caters to investors interested in the global currency market. The firm focuses on educating its clients and providing actionable research. Their platform supports a wide range of technical indicators and charts. They also offer support for a number of third-party forex platforms. AvaTrade is a well-known and reputable broker that offers a wide range of trading options. Their platform supports a number of different currency pairs, as well as futures and Bitcoin. They also offer excellent educational resources and an easy-to-use mobile app. However, their minimum account requirements are higher than some other options on this list.
Bybit is a crypto exchange that allows traders to leverage their trades with as much as 100x the amount they put in. This feature is highly beneficial for experienced traders and helps them earn a higher return on a small investment. Most crypto exchanges only allow up to five times leverage, but Bybit allows up to 100x. While some traders may question the value of this feature, it is certainly helpful for those who use the platform. Bybit’s platform supports more than 250 trading pairs, as well as more than 100 assets. The trading platform supports many cryptocurrencies and offers a variety of trading options. In addition, it does not charge any fees for crypto deposits. However, Bybit does charge a fee for trading, depending on your trading status. If you’re a premium member, you’ll be charged 0.1% on spot, perpetual and futures trading.
What’s Next?
TD Ameritrade is another respected broker that provides a wide range of tradable products. They offer futures and options trading and leverage up to 50:1 on CFD trades. Their platform is easy to use and offers a variety of educational tools.
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