Is Ignite the Future legal in Standard, Modern, and Commander?

Ignite the Future is legal in: Legacy, Vintage, Commander.

Ignite the Future

Q: What type of card is Ignite the Future?

Ignite the Future is a Sorcery. Its oracle text reads: "Exile the top three cards of your library. Until the end of your next turn, you may play those cards. If this spell was cast from a graveyard, you may play cards this way without paying their mana costs. Flashback {7}{R} (You may cast this card from your graveyard for its flashback cost. Then exile it.)"

Sorcery

Exile the top three cards of your library. Until the end of your next turn, you may play those cards. If this spell was cast from a graveyard, you may play cards this way without paying their mana costs.

Flashback (You may cast this card from your graveyard for its flashback cost. Then exile it.)