Decent execution, but the fees page is confusing

Name: Decent execution, but the fees page is confusing
Item: Legacyfx
Rating: 3
Author: Vikram Nair

I’m Vikram from Mumbai and I’ve been using Legacyfx on and off for a few months. Platform-wise it’s been stable for my basic FX trades (mostly EURUSD and GBPUSD) and I haven’t faced random disconnects. Spreads looked fine during normal hours, but around big news the slippage felt larger than I expected for a standard account. My main frustration is the way costs are presented. I had to dig through multiple pages to understand what was spread-only vs. other charges, and the wording wasn’t super clear. Deposit went through quickly, but withdrawals took longer than I’m used to because of the extra verification steps and back-and-forth emails. Support is polite and does respond, just not always with a straight answer on the first try. Overall: workable, but I’d like clearer fee breakdowns and faster withdrawal handling.

Experience: 6 months
Country: India
Account type: Standard
Deposit experience: 4/5
Withdrawal experience: 3/5
Support rating: 3/5

More reviews of Legacyfx

Hassan Al NuaimiUnverified

6 months

Decent platform, but the overall experience feels a bit slow

I’m Hassan from Dubai and I’ve been using Legacyfx for about 6 months on a Standard account. The trading platform itself has been stable for me with no major disconnects, and placing/closing positions is straightforward. What kept my rating at 3 stars is the “speed” of the whole experience outside the chart. Deposits went through fine, but anything that requires manual follow-up (like changing small account settings or asking for clarification on fees) felt slower than I expected. Support is polite and they do respond, but I often had to message twice to get a clear, complete answer. Spreads and execution are okay for my style (mostly majors, some gold), but I wouldn’t call it the sharpest pricing I’ve seen. Overall: usable and not a disaster, just not as smooth as I want for an everyday broker.

Read full review

Ahmed KhanVerified Review

6 months

Decent platform, but fees weren’t always clear

I’m Ahmed from Sharjah. I used Legacyfx for a few months mainly for major FX pairs and some gold. The platform itself was stable for me and execution felt acceptable during normal market hours. The part I didn’t like was how some charges/conditions (like rollover and a couple of account-related costs) only became obvious after I started trading regularly. Nothing dramatic, but I prefer everything to be very transparent upfront. Support answered, but it sometimes took a couple of follow-ups to get a straight explanation. Overall it’s usable, just not as clear as I expected.

Read full review

Khalid NasserVerified TraderVerified Review

6 months

Decent platform, but the small frictions add up

I’m Khalid from Ajman. I used LegacyFX on a Standard account for about 6 months, mostly trading EURUSD and gold on short intraday setups. Execution was generally okay in normal market conditions and the platform felt stable, but there were a few small things that kept me from feeling fully comfortable. Deposits went through without drama, but I had to double-check the funding instructions because the steps weren’t always super clear on the first try. Spreads looked fine during calm hours, but around news I noticed they widened more than I expected, so I had to adjust my risk or avoid those minutes. Support replied, but sometimes I needed a second follow-up to get a straight answer (especially about swap/overnight charges and a couple of fee-related questions). Withdrawals worked for me, just not as fast as I’d like—nothing crazy, but enough to be noticeable. Overall: usable and not a disaster, but I didn’t get that ‘smooth’ experience that makes me want to keep it as my main account.

Read full review

Khalid HassanUnverified

6 months

Decent platform, but the process felt a bit heavy

I’m Khalid from Ajman and I used LegacyFX for about 6 months on a Standard account. The trading platform was stable for my basic FX pairs and I didn’t have major execution issues during normal market hours. Spreads were generally acceptable, although they widened more than I expected around some news releases. Deposits went through without problems, but the overall onboarding/KYC steps felt a bit slow and required a couple of back-and-forth emails. Support was polite and usually replied within the same day, but sometimes I had to repeat details when my ticket got handed to a different person. Overall it’s not a bad experience, just not as smooth as I hoped on the admin side. I’d rate it average and I’d consider using it again if the account management workflow becomes faster.

Read full review

Decent execution, but the fees page is confusing