Exness Vs. LegacyFX - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74-89% of retail CFD accounts lose money.	Visit 77% of retail CFD accounts lose money.
Overview
Exness is a Cypriot broker founded in 2008 that specialises on currencies trading via MT4 & 5 along with their proprietary Exness Trader platform.	Legacy FX is a cypriot broker founded in 2017 that specialises in CFDs trading via MetaTrader 5 for mobile, web and desktop devices.
Best For
Low volume traders looking to take advantage of their low sized account offerings Off-shore traders looking for high leverage factors High volume traders looking for their professional accounts (assuming they are satisfied with their available assets)	Traders looking for a CySec broker that offers a trading signals service
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 6 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FSA (Seychelles) CBCS (Curaçao) FSC (British Virgin Islands) FSC (Mauritius) FSCA (South Africa) CySec (Cyprus) FCA (UK)	CySec (Cyprus) VFSC (Vanuatu)
The Good
Competitive spreads depending on the account type Low entry barrier for new traders No minimum deposit on standard accounts	Proprietary signals channel (untested by us) Fixed spreads (at their discretion subject to change)
The Bad
Most Exness' the financial licenses are from off-shore locations Very low asset offering with less than 200 instruments Despite using TradingView charts, multi-charts layout or fullscreen are not possible	High minimum deposits (From $500 to $25,000) for their various account types Extremely high spreads when compared to similar brokers Low asset offering with poor categorisation Subpar regulatory framework Only MT5 platform is offered
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2008	2017
💳 Minimum Deposit Range
From 0 to $3,000	From $500 to $25,000
💰 Payment Methods
Credit Card Debit Card Neteller Skrill USDT (Tether) Bank Transfer BTC (Bitcoin) Perfect Money SticPay USDC (USD Coin)	Visa Mastercard Neteller Skrill Klarna iDeal GiroPay Perfect Money AVOPayments eftPay Volt Cash Load Jeton Gigadat
💵 Account Base Currencies
1 - USD	11 - USD, EUR, GBP, JPY, CHF, AUD, RUB, PLN, HUF, SGD, ZAR.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, CA, BE, FR, IL, IR, SY, AF, MM, SO, YE, IQ, SS, SD.
📊 STP Account
No	No
📊 DMA Account
No	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
243	292
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
100	200
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
100	40
📗 Commodities
0	0
📗 Commodities CFDs
7	24
📕 Indices
0	0
📕 Indices CFDs
10	18
📔 ETFs
0	0
📔 ETFs CFDs
0	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
26	10
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Unavailable
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 Minimum Crypto Trade Size
0.01 Lots ($1,000)	Unavailable
📉 Minimum FX Trade Size
0.01 Lots ($1,000)	$10,000 (0.1 Lots)
📈 Minimum Commodities Trade Size
0.01 Lots ($1,000)	$10,000 (0.1 Lots)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
2000	500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	No
📱 Android App
Yes	No
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
None	Yes, 10 units of account base currency after 90 days of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
Commissions vary as follows: No comissions on Standard account No comissions on Standard Cent account $3.5 per lot side on Raw Spread account $0.2 per lot side on Zero account No commission on Pro account	Yes, ranging from 0.15% to 0.45% of trade value for stocks only.
Spreads
📈 EUR/USD
1 Pip	Dynamic - From 1.6 Pips
📉 SP500
From 200 pips	Dynamic - From 120 Pips
📈 GOLD
From 20 Pips	Dynamic - From 63 Pips
📉 TSLA (Stock CFD)
From $0.10	Unavailable
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
From $20	Dynamic - From $505
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No
📡 Educational Content
No	No
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
No	Yes
📡 Webinars
No	No