LegacyFX, founded in 2012, is backed by A.N. Allnew Investments Ltd., regulated by the Cyprus Securities and Investment Commission (CySEC), and AN ALL NEW INVESTMENTS (VA), under the governance of the Vanuatu Financial Services Commission (VFSC). The National Bank of the Republic of Belarus, overseeing regional financial markets, also grants regulatory status to LegacyFX.

As a standard MetaTrader 5 (MT5) broker, LegacyFX offers a modest selection of CFD markets and forex pairs. While it has a solid foundation in research offerings, the lack of average spread data makes it challenging to assess the true cost of trading.