LegacyFX vs CMC Markets

LegacyFX vs CMC Markets Comparison Table 2023
LegacyFX	CMC Markets
	WINNER CMC Markets is the better broker
Review Not Yet Rated	Review 4.7
Traders from US not accepted	Traders from US not accepted
LegacyFX is a multi-asset broker offering an MT5 download & free signals.	CMC Markets is headquartered in London and listed on the LSE (FCA Regulated). It offers competitive spreads on a global range of assets via its Next Generation platform.
	Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% (April-June 2022) of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Awards
Best Trading Signals Provider 2021 Broker of the Year 2021 Best STP Forex Broker 2020 Best Forex Broker in the Middle East 2019	Best Trading App 2023 - DayTrading.com No.1 Platform Technology 2022 No.1 New Tool 2022 No.1 Most Currency Pairs 2022 Best Trade Execution 2021 Best Forex Broker For Beginners 2021 Most Transparent Forex Broker Europe 2020 Best Trading Platform 2020 Best Trading App 2019 Best Customer Service 2018
Promotions
Reverse Losing Trades With LegacyFX Safe Mode Earn Rewards When You Trade With The LegacyFX Loyalty Program
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, stocks	Indices and ETFs > CFDs, Spread Betting, Indices, Forex, Commodities, Stocks, ETFs, Treasuries, Custom Indices
Demo Account
Yes	Yes
Minimum Deposit
$500	£0
Payment Methods
Bitcoin Payments Giropay iDeal Klarna Mastercard Neteller PayRedeem Perfect Money Skrill Visa Wire Transfer	Mastercard POLi Visa
Minimum Trade
0.01 lots	0.01 Lots
Regulator
CySEC, FCA, VFSC, NBRB	FCA, MAS, ASIC, IIROC
Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
Yes	No
eSignal
No	No
Trading Central
Yes	No
STP Account
Yes	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
Yes	No
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	Yes
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS and Android
Auto Trading
EAs on MT5	Yes (via MT4)
Copy Trading
No	No
Social Trading
No	Yes
Trade Signals
Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD JPY ZAR CHF SGD RUB PLN HUF	USD EUR GBP AUD SEK PLN
Stock Exchanges
CAC 40 Index France DAX GER 40 Index Dow Jones FTSE UK Index Japan Exchange Group London Stock Exchange Nasdaq	Deutsche Boerse S&P 500 Swiss Franc Index
Commodities
Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Oil Palladium Silver Sugar Wheat Zinc	Coffee Copper Gold Natural Gas Nickel Oil Orange Juice Precious Metals Silver Soybeans Wheat
CFD Trading
Trade leveraged CFDs in a range of financial markets.
Leverage
1:200	1:30
FTSE Spread
From 1.0	1 pt
GBPUSD Spread<
From 0.5	0.9
Oil Spread
From 0.05	3.0
Stocks Spread
From 0.02	.10% Var
Forex Trading
Trade FX pairs with tight spreads & leverage.
Forex App
	CMC Markets deliver an award winning app (Shares magazine 2019), compatible with most major mobile and tablet operating systems. Trade more than 9300 assets via the app on their Next Generation platform. Includes advanced charting with 12 chart types and 40 technical indicators.
GBPUSD Spread
From 0.5	0.9
EURUSD Spread
From 0.6	0.7
EURGBP Spread
From 0.5	1.1
Assets
40+	300+
Cryptocurrency
Go long or short on popular cryptos against the USD and EUR	Crypto trading not offered
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

Review	Review
	Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% (April-June 2022) of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
More Comparisons
LegacyFX vs	CMC Markets vs