If so, what are the positives and negatives?
And if not, why?
Are they legit?
just no there are many reputable brokers
like who? would do you use personally or who do you recommend
oanda ,forex.com , dukascopy
depend where do you live
United States of America.
I use Hugosway(not sure if they are the same as Hugo FX Broker??). I have had no problems and I like the high leverage you can get.
The beginner's guide to FX trading