LegacyFX vs CMC Markets

LegacyFX vs CMC Markets Comparison Table 2023
LegacyFX CMC Markets
WINNER
CMC Markets is the better broker
Not Yet Rated
4.7
United States Flag Traders from US not accepted
United States Flag 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
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
Commodities
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
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
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