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Operating status: SCAM
Website: https://www.legacytrade.top/

On April 20, 2023, the Financial Conduct Authority (FCA) issued a warning against LegacyTrade, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/legacytradetop
LegacyTrade provides zero details about its regulatory status, which is a clear indication of an unlicensed broker as legitimate ones always prominently display their accreditation and licenses. When looking through this broker's website, we noticed that it purports to be located in England. As per UK law, brokers operating in the UK must be authorized by the Financial Conduct Authority (FCA). However, FCA has added LegacyTrade to its warning list as an unauthorized firm.
In essence, LegacyTrade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
BrokersView found that the domain "https://www.legacytrade.top/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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