BrokerNotes.co is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

LegacyFX vs Spreadex 2022

April 26, 2022
Last modified May 10, 2022

LegacyFX is better than Spreadex.

Trying to decide between LegacyFX and Spreadex? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Select Brokersexpand_moreclose
Overall Rating expand_moreexpand_less LegacyFX Spreadex AvaTrade
Overall Rating star 6.8 / 10 star 7.2 / 10 star 8.2 / 10
Account Type expand_moreexpand_less LegacyFX Spreadex AvaTrade
Standard Account Yes Yes Yes
Mini Account Yes Yes Yes
Micro Account Yes Yes Yes
Islamic Account Yes No Yes
Copy Trading expand_moreexpand_less LegacyFX Spreadex AvaTrade
Social Trading / Copy Trading Yes No Yes
DupliTrade No No Yes
ZuluTrade No No Yes
Cryptocurrency expand_moreexpand_less LegacyFX Spreadex AvaTrade
Cryptocurrency (Physical) No No No
Crypto Trading No No No
Bitcoin Yes Yes Yes
ethereum Yes Yes Yes
Forex Trading expand_moreexpand_less LegacyFX Spreadex AvaTrade
Forex Trading No No No
Trading - Forex or CFDs Yes Yes Yes
Indices (Index CFDs) expand_moreexpand_less LegacyFX Spreadex AvaTrade
DAX Yes Yes Yes
Dow Jones Yes Yes Yes
FTSE Yes Yes Yes
NASDAQ 100 Yes Yes Yes
Nikkei Yes Yes Yes
SP 500 Yes Yes Yes
Investments expand_moreexpand_less LegacyFX Spreadex AvaTrade
Forex Trading No No No
Trading - Forex or CFDs Yes Yes Yes
Spread Betting No Yes Yes
Social Trading / Copy Trading Yes No Yes
Metals Yes Yes Yes
Energies Yes Yes Yes
Agriculturals Yes Yes Yes
ETF No Yes No
U.S. Stocks (CFD) Yes Yes Yes
Trading Platforms expand_moreexpand_less LegacyFX Spreadex AvaTrade
Android App No No No
Apple iOS App Yes Yes Yes
Proprietary Platform No Yes Yes
Desktop Platform (Windows) No No No
Web Platform No No No
MetaTrader 4 (MT4) No No Yes
MetaTrader 5 (MT5) Yes No Yes
Regulatory Licenses expand_moreexpand_less LegacyFX Spreadex AvaTrade
Tier-1 Licenses 1 1 4
ASIC Authorised (Australia) No No Yes
IIROC Authorised (Canada) No No Yes
FCA Authorised (U.K.) Yes Yes No
SFC Authorised (Hong Kong) No No No
MAS Authorised (Singapore) No No No
FINMA Authorised (Switzerland) No No No
CFTC Registered (USA) No No No
Tier-2 Licenses 1 0 3
Tier-3 Licenses 0 0 1
Research, Education expand_moreexpand_less LegacyFX Spreadex AvaTrade
Trading Central (Recognia) No No Yes
Forex News (Top-Tier Sources) No Yes Yes
Daily Market Commentary Yes Yes Yes
Autochartist Yes No No
Investor Dictionary (Glossary) Yes Yes Yes
Videos - Beginner Trading Videos Yes Yes Yes
Client Webinars (Archived) Yes No Yes
Trading Costs expand_moreexpand_less LegacyFX Spreadex AvaTrade
Minimum Deposit $500 $0 $100
Average Spread EUR/USD - Standard 0 -1 0.91 (Aug 2020)
All-in Cost EUR/USD - Active 0 -1 0.61 (Aug 2020)
Active Trader or VIP Discounts Yes No Yes
Bank Wire (Deposit/Withdraw) Yes Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes Yes
PayPal (Deposit/Withdraw) No No Yes
Trading Tools expand_moreexpand_less LegacyFX Spreadex AvaTrade
Watchlists - Total Fields 7 6
Mobile Watchlist Yes Yes Yes
Charting - Indicators / Studies (Total) 30 55 90
Mobile Charting - Indicators / Studies (INTL) 30 N/A 73
Trust Factors expand_moreexpand_less LegacyFX Spreadex AvaTrade
Year Founded 2012 1999 2006
Publicly Traded (Listed) No No No
Bank No No No
Authorised in European Union Yes No Yes
Trust Score 75 70 93
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmiral Markets
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxiTrader
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxeightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxFineco Bank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxForex4you
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxGKFX
  • check_box_outline_blankcheck_boxHotForex
  • check_box_outline_blankcheck_boxHYCM (Henyep)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOctaFX
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxRoboForex (RoboMarkets)
  • check_box_outline_blankcheck_boxSaxo Bank
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxTD Ameritrade
  • check_box_outline_blankcheck_boxTeleTrade
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrade360
  • check_box_outline_blankcheck_boxTradeo
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxUFX
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVestle
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade
Compare 0 of 5
arrow_upward
close