LegacyFX Vs. Admiral Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 77% of retail CFD accounts lose money.	Visit 81% of retail CFD accounts lose money.
Overview
Legacy FX is a cypriot broker founded in 2017 that specialises in CFDs trading via MetaTrader 5 for mobile, web and desktop devices.	Admiral Markets (now Admirals) is a global broker headquartered in Estonia with a comprehensive asset offering (5000+) in CFDs and real stocks or ETFs along with MetaTrader 4 & 5.
Best For
Traders looking for a CySec broker that offers a trading signals service	Beginners looking to get started investing in stocks or ETFs Intermediate and advanced traders looking to trade CFDs Professional traders and asset managers
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) VFSC (Vanuatu)	ASIC (Australia) CySec (Cyprus) FCA (United Kingdom) JSC (Jordan)
The Good
Proprietary signals channel (untested by us) Fixed spreads (at their discretion subject to change)	Broad offering of 5000+ assets including CFDs, real stocks and ETFs MetaTrader 4 & 5 along their propietary trading app Tools for professionals and asset managers
The Bad
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	Costly spreads in some of their assets when compared to similar competitors No propietary web trading platform
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
2017	2001
💳 Minimum Deposit Range
From $500 to $25,000	$100
💰 Payment Methods
Visa Mastercard Neteller Skrill Klarna iDeal GiroPay Perfect Money AVOPayments eftPay Volt Cash Load Jeton Gigadat	Visa Mastercard Bank Transfer Neteller Skrill
💵 Account Base Currencies
11 - USD, EUR, GBP, JPY, CHF, AUD, RUB, PLN, HUF, SGD, ZAR.	10 -EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, BE, FR, IL, IR, SY, AF, MM, SO, YE, IQ, SS, SD.	US, CA.
📊 STP Account
No	Yes
📊 DMA Account
No	Yes
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	Yes
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
292	4,559
Exchange Access
0	1
📙 Real Stocks
0	0
📙 Stock CFDs
200	3,254
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
40	40
📗 Commodities
0	0
📗 Commodities CFDs
24	28
📕 Indices
0	0
📕 Indices CFDs
18	43
📔 ETFs
0	778
📔 ETFs CFDs
0	372
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
10	42
📒 Bonds
0	0
📒 Bonds CFDs
0	2
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Unavailable	Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 Minimum Crypto Trade Size
Unavailable	Varies by cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$10,000 (0.1 Lots)	$1000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$10,000 (0.1 Lots)	Varies by Commodity (Eg: 1 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
No	Yes
📱 Android App
No	Yes
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
No	Yes
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	Yes
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
Yes, 10 units of account base currency after 90 days of inactivity.	$10 monthly after 24 months of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
Yes, ranging from 0.15% to 0.45% of trade value for stocks only.	Depending on account type (eg: Zero MT4 or 5 accounts have a $3 per lot round turn commission, ASX shares have a 0.15% fee, etc)
Spreads
📈 EUR/USD
Dynamic - From 1.6 Pips	From 0.8 Pips
📉 SP500
Dynamic - From 120 Pips	From 50 Pips
📈 GOLD
Dynamic - From 63 Pips	Dynamic - From 20 Pips
📉 TSLA (Stock CFD)
Unavailable	Dynamic - From $1.45
📈 XLK (ETF - CFD)
Unavailable	Dynamic - From 2 Pips
📉 BTC
Dynamic - From $505	Variable - From $208
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	No
📡 Account Management
Yes	Yes
📡 Webinars
No	Yes