Updated Dec 19 2022
Overview | |
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Legacy FX is a cypriot broker founded in 2017 that specialises in CFDs trading via MetaTrader 5 for mobile, web and desktop devices. |
RoboForex is an international broker established in 2009 which also owns the brand RoboMarkets and specialises on CFD trading over 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 0 Other Licenses 1 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 | 2009 |
💳 Minimum Deposit Range | |
From $500 to $25,000 | $10 |
💰 Payment Methods | |
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💵 Account Base Currencies | |
11 - USD, EUR, GBP, JPY, CHF, AUD, RUB, PLN, HUF, SGD, ZAR. | 4 - USD, EUR, CNY, GOLD. |
🗽 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, JP, AU, BQ, CW, TL, RU, GQ, FM, MP, SJ, SS, UK, European Union. |
📊 STP Account | |
No | Yes |
📊 DMA Account | |
No | No |
📊 ECN Account | |
No | Yes |
Banking License | |
No | No |
Debit Card | |
No | No | Assets |
📚 Assets Type | |
CFDs | CFDs |
Total Asset Offering | |
292 | 13,206 |
Exchange Access | |
0 | 0 |
📙 Real Stocks | |
0 | 0 |
📙 Stock CFDs | |
200 | 12,000 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
40 | 40 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
24 | 100 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
18 | 50 |
📔 ETFs | |
0 | 0 |
📔 ETFs CFDs | |
0 | 1,000 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
10 | 16 |
📒 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 | $1,000 (0.01 Lots) |
📉 Minimum ETFs Trade Size | |
Unavailable | $1,000 (0.01 Lots) |
📈 Minimum Crypto Trade Size | |
Unavailable | $1,000 (0.01 Lots) |
📉 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 | 2000 |
💪 Professional Leverage | |
500 | Unavailable |
✍ Customisable Leverage | |
No | Yes |
🎲 Deleveraged Trading | |
No | No |
🎓 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 | Yes |
👬 Copy Trading | |
No | Yes |
👫 Social Trading | |
No | No |
🔑 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. |
None |
💰 Deposit Fees | |
None | None |
💰 Withdrawal Fees | |
None | Yes for some methods (eg: Some bank withdrawals can cost up to 1.5% of the amount). |
💰 Commissions | |
Yes, ranging from 0.15% to 0.45% of trade value for stocks only. |
Yes depending on account type (eg: for ECN accounts there are commissions up to $20). |
Spreads |
📈 EUR/USD | |
Dynamic - From 1.6 Pips | Dynamic - From 0 to 1.4 Pips |
📉 SP500 | |
Dynamic - From 120 Pips | Dynamic - Market Spread |
📈 GOLD | |
Dynamic - From 63 Pips | Dynamic - From 17 Pips |
📉 TSLA (Stock CFD) | |
Unavailable | Dynamic - Market Spread |
📈 XLK (ETF - CFD) | |
Unavailable | Dynamic - Market Spread |
📉 BTC | |
Dynamic - From $505 | Dynamic - From $220 | 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 | No |
📡 Live Chat Support | |
No | No |
📡 Video Tutorials | |
No | No |
📡 Account Management | |
Yes | No |
📡 Webinars | |
No | No |