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Legacy FX Brokers

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Operating status: SCAM

Website: http://legacyfxbrokers.net/business/

Broker violations and abnormal records
  • 2022-11-22 The UK FCA Added Legacy FX Brokers into Its Warnings

    On 23 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Legacy FX Brokers was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/legacy-fx-brokers

    On 23 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Legacy FX Brokers was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/legacy-fx-brokers
  • 2022-11-23 BrokersView has Reviewed that Legacy FX Brokers is an Unregulated Forex Broker

    Legacy FX Brokers claims to be a reliable 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 has a UK phone number. 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 FX Brokers was providing financial services or products in the UK without authorisation.

    The truth is that Legacy FX Brokers 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 FX Brokers claims to be a reliable 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 has a UK phone number. 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 FX Brokers was providing financial services or products in the UK without authorisation.The truth is that Legacy FX Brokers 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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