5paisa vs LegacyFX

5paisa vs LegacyFX Comparison Table 2023
5paisa LegacyFX
WINNER
5paisa is the better broker

5paisa is #36 in our broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US not accepted

5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products.

LegacyFX is a multi-asset broker offering an MT5 download & free signals.

Awards
  • Best Trading Signals Provider 2021
  • Broker of the Year 2021
  • Best STP Forex Broker 2020
  • Best Forex Broker in the Middle East 2019
Promotions

Reverse Losing Trades With LegacyFX Safe Mode

Earn Rewards When You Trade With The LegacyFX Loyalty Program

Instruments
Stocks, Futures, Options, Forex Forex, CFDs, indices, shares, commodities, cryptocurrencies, stocks
Demo Account
No Yes
Minimum Deposit
INR 450 $500
Payment Methods
Minimum Trade
No 0.01 lots
Regulator
SEBI CySEC, FCA, VFSC, NBRB
Margin Trading
Yes Yes
MetaTrader 4
No No
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No Yes
eSignal
No No
Trading Central
No Yes
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
Yes No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
EAs on MT5
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • INR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • CHF
  • SGD
  • RUB
  • PLN
  • HUF
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade leveraged CFDs in a range of financial markets.
Leverage
1:200
FTSE Spread
From 1.0
GBPUSD Spread<
From 0.5
Oil Spread
From 0.05
Stocks Spread
From 0.02
Forex Trading
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Trade FX pairs with tight spreads & leverage.
GBPUSD Spread
N/A From 0.5
EURUSD Spread
N/A From 0.6
EURGBP Spread
N/A From 0.5
Assets
4 40+
Cryptocurrency
Crypto trading not offered Go long or short on popular cryptos against the USD and EUR
Spread
Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • SOL
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
5paisa
vs
LegacyFX
vs