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Legacy Trade

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Operating status: SCAM

Website: https://legacy-tradesfx.online/

Broker violations and abnormal records
  • Dec 05, 2022 The UK FCA Added Legacy Trade into Its Warnings

    On 6 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Legacy Trade was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/legacy-trades


    On 6 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Legacy Trade was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/legacy-trades
  • Dec 06, 2022 BrokersView has Reviewed that Legacy Trade is an Unregulated Forex Broker

    Legacy Trade claims to be a relibale broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. 

    According to its website, the broker is located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this scam in UK FCA.

    FCA warned that Legacy Trade was providing financial services or products in the UK without authorisation.

    The truth is that Legacy Trade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    Legacy Trade claims to be a relibale broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the broker is located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this scam in UK FCA.FCA warned that Legacy Trade was providing financial services or products in the UK without authorisation.The truth is that Legacy Trade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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