Updated Dec 19 2022
Visit 77% of retail CFD accounts lose money. |
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74% 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. |
eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes. |
Best For | |
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Licenses | |
Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by |
Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
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The Good | |
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The Bad | |
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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 | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2017 | 2007 |
💳 Minimum Deposit Range | |
From $500 to $25,000 | From $50 to $200 |
💰 Payment Methods | |
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💵 Account Base Currencies | |
11 - USD, EUR, GBP, JPY, CHF, AUD, RUB, PLN, HUF, SGD, ZAR. | 1 - USD. |
🗽 Available to U.S Citizens | |
No | Yes |
❌ Restricted Countries | |
US, CA, BE, FR, IL, IR, SY, AF, MM, SO, YE, IQ, SS, SD. |
AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM. |
📊 STP Account | |
No | Yes |
📊 DMA Account | |
No | Yes |
📊 ECN Account | |
No | No |
Banking License | |
No | No |
Debit Card | |
No | No | Assets |
📚 Assets Type | |
CFDs | Hybrid |
Total Asset Offering | |
292 | 4,245 |
Exchange Access | |
0 | 0 |
📙 Real Stocks | |
0 | 2,000 |
📙 Stock CFDs | |
200 | 2,000 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
40 | 47 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
24 | 14 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
18 | 13 |
📔 ETFs | |
0 | 0 |
📔 ETFs CFDs | |
0 | 145 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
10 | 26 |
📒 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 | |
Unavailable | $10 |
📉 Minimum ETFs Trade Size | |
Unavailable | $10 |
📈 Minimum Crypto Trade Size | |
Unavailable | $10 |
📉 Minimum FX Trade Size | |
$10,000 (0.1 Lots) | $1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
$10,000 (0.1 Lots) | $1,000 (0.01 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 | |
500 | Unavailable |
✍ Customisable Leverage | |
No | Yes |
🎲 Deleveraged Trading | |
No | Yes |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
No | Yes |
📱 Android App | |
No | Yes |
📺 MetaTrader 4 | |
No | No |
📺 MetaTrader 5 | |
Yes | No |
📺 cTrader | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | No |
💻 Proprietary Platform | |
No | Yes |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
No | Yes |
👫 Social Trading | |
No | Yes |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
No | Yes | Fees |
💰 Inactivity Fee | |
Yes, 10 units of account base currency after 90 days of inactivity. |
After 12 months of inactivity, a $10 monthly inactivity fee will be charged. |
💰 Deposit Fees | |
None | Conversion fees apply. |
💰 Withdrawal Fees | |
None | $5 flat fee. |
💰 Commissions | |
Yes, ranging from 0.15% to 0.45% of trade value for stocks only. |
No commissions on real stocks and ETFs |
Spreads |
📈 EUR/USD | |
Dynamic - From 1.6 Pips | Dynamic - From 1 Pip |
📉 SP500 | |
Dynamic - From 120 Pips | Dynamic - From 75 Pips |
📈 GOLD | |
Dynamic - From 63 Pips | Dynamic - From 45 Pips |
📉 TSLA (Stock CFD) | |
Unavailable | Dynamic - From 0.09% |
📈 XLK (ETF - CFD) | |
Unavailable | Dynamic - From 0.09% |
📉 BTC | |
Dynamic - From $505 | Fixed - 1% | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
No | Yes |
📡 Reuters Feed | |
No | No |
📡 Educational Content | |
No | Yes |
📡 Live Chat Support | |
No | Yes |
📡 Video Tutorials | |
No | Yes |
📡 Account Management | |
Yes | No |
📡 Webinars | |
No | No |