Is March of Reckless Joy legal in Standard, Modern, and Commander?

March of Reckless Joy is legal in: Modern, Pioneer, Legacy, Vintage, Commander, Historic.

What type of card is March of Reckless Joy?

March of Reckless Joy is an Instant. Its oracle text reads: "As an additional cost to cast this spell, you may exile any number of red cards from your hand. This spell costs {2} less to cast for each card exiled this way. Exile the top X cards of your library. You may play up to two of those cards until the end of your next turn."

March of Reckless Joy

Instant

As an additional cost to cast this spell, you may exile any number of red cards from your hand. This spell costs less to cast for each card exiled this way.