XM Forex Penguin

STP Forex Penguin
XM Forex Penguin

STP Forex Penguin

LegacyFX Launches Innovative Safe Mode Program to Protect Traders’ Investments

Home » LegacyFX » LegacyFX Launches Innovative Safe Mode Program to Protect Traders’ Investments
Last Updated: Oct 29, 2024 @ 4:20 am

October 2024 – LegacyFX is excited to announce the launch of its groundbreaking Safe Mode Program, designed to empower traders by minimizing losses and maximizing results. This unique feature allows clients to reverse up to three trades, providing a safety net for those looking to navigate the complexities of the market with confidence.

Activate Safe Mode to Secure Your Trades

In the fast-paced world of trading, the fear of losing can often hinder potential profits. With LegacyFX’s Safe Mode feature, traders can cancel orders if market movements are unfavorable. This capability helps clients protect their investments during significant economic events or when uncertainty looms.

Program Details and Eligibility

The Safe Mode Program is exclusively available to new clients with live accounts who meet all compliance requirements for account opening. The program offers a tiered incentive structure based on the initial deposit amount:

  • For a first investment of $1,000, clients can utilize Safe Mode for their first three trades, covering losses up to $50 each.
  • For a first investment of $5,000, the program covers the first five trades, with losses up to $100 each.
  • For a first investment of $10,000, clients benefit from Safe Mode for their first seven trades, covering losses up to $150 each.

LegacyFX retains the right to amend or cancel any terms of the program at any time and may refuse incentives in cases of abuse.

Examples of Safe Mode in Action

In practice, if a client deposits $1,000 and experiences mixed results from their first three trades—earning a profit of $60 but facing losses of $170 and $30—LegacyFX will cover the losses, providing up to $50 for the second trade and full coverage for the third, resulting in a total coverage of $80.

Conversely, if a client who deposits $5,000 concludes their first five trades with profits, any subsequent trading will fall outside the Safe Mode coverage.

LegacyFX is committed to enhancing the trading experience and ensuring that clients can make informed decisions without the looming fear of loss. For more information about the Safe Mode Program and to open an account, visit LegacyFX website.

Loading brokers… Please wait.
Selected: None
Feature XM
XM Since 2009
LegacyFX
LegacyFX Since 2017
Rating★★★★☆4.5/5★★★☆☆3.1/5
RegulationCySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa)CySEC (Cyprus), NBRB (Belarus), VFSC (Vanuatu)
Min Deposit$5$500
Typical Spread0.800.60
Leverage (Max)1:301:200
PlatformsMT4, MT5, Mobile, Proprietary, WebMT5, Mobile, Web
InstrumentsAlgriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDsAlgriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Stock CFDs
BonusYesNo
Robo Trading AllowedYesYes
Hedging AllowedYesYes
Scalping AllowedYesYes
Swap‑Free / IslamicYesYes
ActionVisit BrokerRead Review
XM

XM

Since 2009
Rating
★★★★☆4.5/5
Regulation
CySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa)
Min Deposit
$5
Typical Spread
0.80
Leverage (Max)
1:30
Platforms
MT4, MT5, Mobile, Proprietary, Web
Instruments
Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDs
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes
LegacyFX

LegacyFX

Since 2017
Rating
★★★☆☆3.1/5
Regulation
CySEC (Cyprus), NBRB (Belarus), VFSC (Vanuatu)
Min Deposit
$500
Typical Spread
0.60
Leverage (Max)
1:200
Platforms
MT5, Mobile, Web
Instruments
Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Stock CFDs
Bonus
No
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes
XM

XM

Since 2009
Rating
★★★★☆4.5/5
Regulation
CySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa)
Min Deposit
$5
Typical Spread
0.80
Leverage (Max)
1:30
Platforms
MT4, MT5, Mobile, Proprietary, Web
Instruments
Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDs
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes
LegacyFX

LegacyFX

Since 2017
Rating
★★★☆☆3.1/5
Regulation
CySEC (Cyprus), NBRB (Belarus), VFSC (Vanuatu)
Min Deposit
$500
Typical Spread
0.60
Leverage (Max)
1:200
Platforms
MT5, Mobile, Web
Instruments
Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Stock CFDs
Bonus
No
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes

Featured Brokers on Forex Penguin

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments