LegacyFX vs ForexChief

LegacyFX vs ForexChief Comparison Table 2023
LegacyFX ForexChief
Not Yet Rated
3.3

ForexChief is #6 in our CFD broker rankings.

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

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

ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.

Pros
  • Full range of investments
  • Low minimum deposit
  • MT4 integration
  • Copy trading
Cons
  • Weak regulatory oversight
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

Bonus
$100 No Deposit Bonus
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, stocks CFDs, Forex, Metals, Commodities, Stocks, Indices
Demo Account
Yes Yes
Minimum Deposit
$500 $10
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
CySEC, FCA, VFSC, NBRB VFSC
Margin Trading
Yes Yes
Margin Rate
0.1%
MetaTrader 4
No Yes
MetaTrader 5
Yes Yes
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 Yes
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
Yes Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
EAs on MT5 EAs
Copy Trading
No Yes
Copy Trading Platform
Clients can follow copy trading signals on the MetaTrader platform. Alternatively, signal providers can generate extra income by selling their positions.
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
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • CHF
  • SGD
  • RUB
  • PLN
  • HUF
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs in a range of financial markets. ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals.
Leverage
1:200 1:1000
FTSE Spread
From 1.0 70
GBPUSD Spread<
From 0.5 0.9
Oil Spread
From 0.05 12
Stocks Spread
From 0.02 50
Forex Trading
Trade FX pairs with tight spreads & leverage. ForexChief supports spot foreign exchange trading on all account types for 40+ major, minor and exotic currency pairs on both MT4 and MT5.
GBPUSD Spread
From 0.5 0.9
EURUSD Spread
From 0.6 0.4
EURGBP Spread
From 0.5 0.9
Assets
40+ 40
Cryptocurrency
Go long or short on popular cryptos against the USD and EUR ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar.
Spread
Variable Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • SOL
  • BNB
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
LegacyFX
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