InstaForex vs LegacyFX

InstaForex vs LegacyFX Comparison Table 2023
InstaForex LegacyFX
WINNER
InstaForex is the better broker
4.1

InstaForex is #10 in our binary options broker rankings.

Not Yet Rated
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.

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

Pros
  • Demo account
  • Full range of investments
  • MT4 and MT5 integration
  • Low minimum deposit
  • Wide range of payment methods
Awards
  • Best Forex Broker by International Investor Awards 2022
  • Best Trading Signals Provider 2021
  • Broker of the Year 2021
  • Best STP Forex Broker 2020
  • Best Forex Broker in the Middle East 2019
Promotions

Claim A 100% Deposit Bonus At InstaForex

Reverse Losing Trades With LegacyFX Safe Mode

Earn Rewards When You Trade With The LegacyFX Loyalty Program

Bonus
30% - 100% Welcome Bonus
Instruments
Forex, shares, indices, metals, oil and gas, futures, cryptos, binary options Forex, CFDs, indices, shares, commodities, cryptocurrencies, stocks
Demo Account
Yes Yes
Minimum Deposit
$/€1 $500
Payment Methods
Bank cards plus international and local transfer solutions
Minimum Trade
0.01 Lots 0.01 lots
Regulator
BVI FSC CySEC, FCA, VFSC, NBRB
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes 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
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS and Android + browser based platform iOS & Android
Auto Trading
Yes EAs on MT5
Copy Trading
No No
Copy Trading Platform
InstaForex offers a popular copy trading solution suitable for beginners.
Social Trading
No No
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • PLN
  • CZK
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • CHF
  • SGD
  • RUB
  • PLN
  • HUF
Stock Exchanges
Commodities
CFD Trading
Use leveraged CFDs to speculate on popular financial assets with tight spreads. Trade leveraged CFDs in a range of financial markets.
Leverage
1:1000 1:200
FTSE Spread
Av. Floating 100 pips From 1.0
GBPUSD Spread<
Av. Floating 0.6 From 0.5
Oil Spread
2 pips From 0.05
Stocks Spread
Floating, commissions as low as 0.01% From 0.02
Forex Trading
Go long or short on a range of major and minor currency pairs with tight spreads. Trade FX pairs with tight spreads & leverage.
GBPUSD Spread
Av. Floating 0.6 From 0.5
EURUSD Spread
Av. Floating 0.2 From 0.6
EURGBP Spread
Av. Floating 0.5 From 0.5
Assets
1000+ 40+
Cryptocurrency
InstaForex offer crypto CFD trading on leading tokens with very low fees. Go long or short on popular cryptos against the USD and EUR
Spread
From 0% Variable
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • and50+more
  • BTC
  • LTC
  • ETH
  • XRP
  • SOL
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
InstaForex offers intraday and expiry binary options on gold and silver, currency pairs, plus stocks and shares. Binary options trading not offered
Payout
Variable%
Expiry Times
1 minute - 1 month
Ladder Options
No No
Boundary Options
No No
More Comparisons
InstaForex
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LegacyFX
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