Is Refraction Trap legal in Standard, Modern, and Commander?

Refraction Trap is legal in: Modern, Legacy, Vintage, Commander.

$Refraction Trap — Magic: The Gathering card$

Refraction Trap

Q: What type of card is Refraction Trap?

Refraction Trap is an Instant — Trap. Its oracle text reads: "If an opponent cast a red instant or sorcery spell this turn, you may pay {W} rather than pay this spell's mana cost. Prevent the next 3 damage that a source of your choice would deal to you and/or permanents you control this turn. If damage is prevented this way, Refraction Trap deals that much damage to any target."

Instant — Trap

If an opponent cast a red instant or sorcery spell this turn, you may pay rather than pay this spell's mana cost.

Prevent the next 3 damage that a source of your choice would deal to you and/or permanents you control this turn. If damage is prevented this way, Refraction Trap deals that much damage to any target.

Set Worldwake

Rarity Uncommon

Mana Value 4

Artist Zoltan Boros & Gabor Szikszai

Collector # 17

Scryfall