Score

1.84 /10
Danger

Legend Brokers

United Arab Emirates

5-10 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index7.07

Risk Management Index0.00

Software Index6.13

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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40G

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Warning: Low score, please stay away!
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Legend Brokers · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Legend Brokers Review Summary in 5 Points
Founded 2010
Registered Country/Region United Arab Emirates
Regulation Not regulated
Products & Services Solar energy products, PPA Projects, Physical trading, Business advisory & consulting, Forex
Customer Support Phone, Address, Email, Social media, Contact us form

What is Legend Brokers?

Legend Brokers is a United Arab Emirates-based global solar energy-industry company who also provides financial services to its clients. Founded in 2010, it provides traders with access to physical and financial products & services including Solar energy products, PPA Projects, Physical trading, Business advisory & consulting, Forex. It currently has no valid regulation from any recognized financial authorities which might raise concerns when executing financial trading for its clients.

Legend Brokers' home page

In the following article, we will analyze the characteristics of this company from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the company's characteristics at a glance.

Pros & Cons

Pros Cons
• Multiple customer support channels • Not regulated
• Wide range of physical and financial products & services • Limited info on financial trading
• Not a pure financial company which may raise issues about professionalism

Is Legend Brokers Safe or Scam?

When considering the safety of a financial company like Legend Brokers or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a financial company:

  • Regulatory sight: It is not regulated by any major financial authorities,which means that there is no guarantee that it is a safe platform to trade with regarding financial services.

  • User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the brokerage. Look for reviews on reputable websites and forums.

  • Security measures: Legend Brokers has a comprehensive privacy policy that outlines how user data is collected, stored, and utilized. The platform adheres to relevant data protection regulations to maintain the privacy and confidentiality of user information.

Ultimately, the decision of whether or not to trade with Legend Brokers is a personal one. You should weigh the risks and benefits carefully before making a decision.

Products & Services

Legend Brokers provides a diverse array of products and services, catering to various industries and investment needs. Their offerings encompass physical Solar energy products, including PV solar panel modules and inverters, showcasing their commitment to renewable energy solutions. The broker further engages in PPA Projects, offering solar energy equipment for commercial and utility purposes, supporting the transition to cleaner and more sustainable energy sources.

Additionally, Legend Brokers participates in physical trading, facilitating transactions in commodities like crude oil and gold, catering to clients seeking exposure to traditional asset classes. Their comprehensive suite of Business advisory & consulting services includes Business, Financial, Risk & Performance Advisory, as well as Valuation & Transaction Support, providing expert guidance to organizations for strategic decision-making and financial management.

Alongside these offerings, Legend Brokers also provides Forex trading services, allowing traders to engage in the dynamic currency exchange market, rounding off their comprehensive portfolio of products and services. With this diverse range of options, Legend Brokers endeavors to meet the unique needs of its clients across various sectors and investment interests.

Customer Service

Legend Brokers provides multiple customer service options to assist its clients. Customers can reach out to Legend Brokers through various channels to address their queries and concerns as below:

TEL: +1(862)777-1112. (Monday – Friday, 9 am to 5 pm)

EMAIL: info@legendbrokers.com.

Address: Global Formations Office 611, 6th Floor, Fairmont Dubai, Sheikh Zayed Road, Dubai, United Arab Emirates.

Moreover, the broker also offers a Contact US form through which clients can submit inquiries and receive timely responses, as well as an online Skype ((Monday – Friday, 9 am to 5 pm) support option, connecting them directly with Legend Brokers' representatives for real-time assistance and personalized solutions to their trading needs and concerns.

In addition of above, Legend Brokers also maintains official social media accounts as supplementary customer support channel, including Facebook, Instagram, YouTube.

contact details

Conclusion

According to available information, Legend Brokers is an UAE -based solar energy-industry company who also provides financial services to its clients. It provides traders with range of physical and financial products & services including Solar energy products, PPA Projects, Physical trading, Business advisory & consulting, Forex. However, the non-regulated financial status is a concern that cannot be ignored. Furthermore, its not a pure financial company which may also raise issues about their professionalism. It is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from Legend Brokers before making any investment decisions.

Frequently Asked Questions (FAQs)

Frequently Asked Questions (FAQs)
Q 1: Is Legend Brokers regulated?
A 1: Yes. The company is currently not under any valid regulation.
Q 2: Is Legend Brokers a good broker for beginners?
A2: No. It is not a good choice for beginners because of its unregulated condition. Besides, its not a pure financial company which also raises concerns.

Q 3: Whats the products and services of Legend Brokers?
A 3: Legend Brokers provides traders with a comprehensive range of financial products and services including Solar energy products, PPA Projects, Physical trading, Business advisory & consulting, Forex.

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