LegacyFX vs Avatrade

LegacyFX vs Avatrade Comparison Table 2022
LegacyFX Avatrade
LegacyFX is a multi-asset broker offering an MT5 download & free signals. Leading forex and CFD broker regulated in Ireland, Australia, Canada and South Africa. Avatrade are particularly strong in integration, including MT4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best Forex Broker 2019 - DayTrading.com
Best Trading App 2021 - DayTrading.com
Promotions

AvaTrade Offers Education Pack With New Accounts

Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Stocks, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$500 $100
Payment Methods
Neteller, Skrill, Visa Bitcoin Payments, Credit Card, Debit Card, FasaPay, JCB Card, Mastercard, MoneyGram, Perfect Money, Skrill, Swift, Webmoney, Western Union, Wire Transfer
Minimum Trade
0.01 lots $1
Regulator
CySEC, FCA, VFSC, NBRB CBoI, ASIC, FSB, ESMA
Margin Trading
No Yes
MetaTrader 4
No Yes
MetaTrader 5
Yes Yes
cTrader
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- No
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes iOS and Android
Auto Trading
Yes Avatrader make auto trading easy with API integration into numerous platforms including MetaTrader4, Duplitrade and MQL5
Trade Signals
Yes -
VPS Hosting
- Yes
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD
CFD
Trade CFDs in a range of financial markets.
Leverage
1:200 1:400
FTSE Spread
2 0.5 pt
GBPUSD Spread
1.5 1.0 var
Oil Spread
0.13 0.02
Stocks Spread
Variable 0.13 Abv Market
Forex
Trade FX pairs with tight spreads & leverage. Avatrade offer 50+ currency pairs and their spreads are some of the best among any broker. They are regulated across 5 continents.
GBPUSD Spread
1.5 1.0 var
EURUSD Spread
1.6 0.7 var
EURGBP Spread
1.5 1.7 var
Assets
40+ 40+
Cryptocurrency
Trade popular cryptos against the USD. Regulated in 5 continents, Avatrade offer a very secure way to access Crypto markets. They offer a great range of Crypto, very tight spreads, and 1:2 leverage. [Not available in Canada]
Spread
Variable BTC 1% ETH 2%
Coins
BTC, LTC, ETH, XRP BCH, BTC, BTG, ETH, LTC, XRP, EOS, DASH
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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