LEGACY CAPITAL LTD

Legacy Capital Ltd is the legal entity behind the brand WB Invest, a forex and CFD broker registered in Seychelles. According to its website, the company was founded by a team with decades of collective experience in the financial industry, aiming to provide a next-generation trading environment.

The broker operates primarily online through its domain wbinvest.com, offering services to clients worldwide with the exception of the United States and the European Economic Area, as stated in its license regulations. The company's registered address is CT House, Office 9C, Providence, Mahe, Seychelles.

Legacy Capital Ltd holds a securities dealer licence (number SD229) from the Financial Services Authority (FSA) of Seychelles, which is classified as a tier-3 regulator. The FSA Seychelles is an offshore regulator that does not impose the same stringent requirements as top-tier authorities like the FCA or CySEC.

While the broker is officially licensed, the regulatory framework in Seychelles provides limited investor protection, such as no access to compensation schemes or independent dispute resolution. Traders should weigh this against the broker's claims of being a 'trusted broker of choice.'

WB Invest offers three account types: a Standard Account requiring a $50 minimum deposit, a Premium Account with a $1,000 minimum, and a VIP Account available by enquiry. All accounts support USD, GBP, and JPY, allow hedging, and include negative balance protection, swap-free status, a personal account manager, and training resources.

Spreads start from 0.0 pips on Premium and VIP accounts, while the Standard account offers spreads from 1.0 pips. Leverage is available up to 1:2000 on all accounts, with a dynamic leverage system that adjusts according to instrument and volume. Commissions apply only to certain instruments on the Premium account.

The broker provides the MetaTrader 5 (MT5) platform, a widely used multi-asset trading platform known for its advanced charting, analytical tools, and algorithmic trading capabilities. WB Invest claims that MT5 includes 38 technical indicators, 21 time frames, and 44 graphical objects, along with market depth and multiple order types.

No mention is made of other platforms such as MT4 or proprietary solutions. The focus on MT5 suggests the broker targets traders who prefer a single, powerful platform for both manual and automated trading across different asset classes.

WB Invest offers a broad range of CFD instruments covering Forex, indices, commodities, shares, energies, cryptocurrencies, and treasuries. According to its product page, clients can trade over 50 Forex pairs, 20+ indices, 150+ shares, and various commodities and energies.

Cryptocurrency trading is available with leverage up to 1:500, which is higher than the standard 1:2 offered by many regulated brokers. The broker emphasizes 'ultra-fast execution' and spreads starting from 0.0 pips, though actual spreads and execution quality may vary based on market conditions and account type.

The broker appears to target a wide range of traders, from casual retail clients with a low $50 minimum deposit to high-volume professionals seeking tight spreads and high leverage. The availability of swap-free accounts and personal account managers suggests an appeal to traders from certain regions or with specific religious requirements.

However, the offshore Seychelles licence and lack of independent user reviews mean that WB Invest is best suited for experienced traders who fully understand the risks of high leverage and unregulated jurisdictions. The broker explicitly restricts clients from the USA and EEA, indicating it does not comply with those regulatory frameworks.