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

Legacy FX is a cypriot broker founded in 2017 that specialises in CFDs trading via MetaTrader 5 for mobile, web and desktop devices.

DEGIRO is a European leading stock broker providing access to more than 50 stock exchanges around the world with low commissions per trade and a simple to use platform.

• Traders looking for a CySec broker that offers a trading signals service

• Investors from all experience levels looking to buy real shares, funds or ETFs for the long term
• Active traders that look to access the large variety of exchanges offered

• CySec (Cyprus)
• VFSC (Vanuatu)

• BaFin (Germany)
• AFM (Netherlands)

• Proprietary signals channel (untested by us)
• Fixed spreads (at their discretion subject to change)

• No conflicts of interest between DEGIRO and its customers
• Virtually unlimited asset offering from 50 exchanges across the globe
• Low fees when compared to traditional banking alternatives

• 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

• Credit card deposits are not available
• Simplistic platforms with not many features
• Fees are expensive when compared to commission free brokers

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• 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.

• Visa
• Mastercard
• Neteller
• Skrill
• Klarna
• iDeal
• GiroPay
• Perfect Money
• AVOPayments
• eftPay
• Volt
• Cash
• Load
• Jeton
• Gigadat

• Bank Transfer
• Paypal

US, CA, BE, FR, IL, IR, SY, AF, MM, SO, YE, IQ, SS, SD.

DEGIRO only provides services to citizens of Czech Republic, Spain, Ireland, Norway, Poland, Sweden, Denmark, Greece, Italy, Portugal, Switzerland, Germany, France, Netherlands, Finland and the United Kingdom. The rest of the countries worldwide are not able to use DEGIRO's services.

Yes, 10 units of account base currency after 90 days of inactivity.

Yes, ranging from 0.15% to 0.45% of trade value for stocks only.

Yes and varies per asset and exchange, eg: If you were to purchase £2,000 worth of Apple shares at a price of $300 your total commission would have been £0.44.