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LegacyFX regulation & licences

Forex & CFD broker Founded 2017

Licence ScoreVery weakHow it's calculated

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Licences on record 1

4 Tier 4 — light / offshore

VFSCVanuatu Financial Services Commission🇻🇺 Vanuatu
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement

Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.

Regulatory profile

LegacyFX is a forex & CFD broker founded in 2017.

In our database LegacyFX is matched to 1 licence from VFSC. All of its licences are from jurisdictions we classify as tier 4 (light-touch offshore regulation). Clients of these entities typically have no compensation scheme, no leverage caps and limited recourse if something goes wrong.

None of the regulators we have matched to LegacyFX operates a statutory compensation scheme covering retail forex, so the safety of your deposit relies mainly on segregation of client funds and the broker's own financial strength.

LegacyFX offers MT5 and its own proprietary platform.

Regulatory strengths

  • None identified from our data

Points to check

  • Only offshore licences on record — limited recourse and no compensation
  • No statutory compensation scheme at any matched regulator

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LegacyFX regulation FAQ

Is LegacyFX regulated?

Yes — in our database LegacyFX is matched to 1 licence: VFSC (Vanuatu). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.

Is LegacyFX a tier-1 regulated broker?

No. None of the licences we have matched to LegacyFX is from a tier-1 regulator. Its strongest licence is tier 4.

Does LegacyFX accept US clients?

LegacyFX is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so LegacyFX generally cannot accept US retail forex clients.

Is my money protected with LegacyFX?

None of the regulators matched to LegacyFX in our database runs a compensation scheme for retail forex. Protection depends on client-money segregation and the broker's solvency.

How can I verify LegacyFX's licence?

Find the company name and licence number in LegacyFX's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.