LegacyFX vs ThinkMarkets

LegacyFX vs ThinkMarkets Comparison Table 2021
LegacyFX ThinkMarkets
LegacyFX is a multi-asset broker offering an MT5 download & free signals. ThinkMarkets is a multi-regulated forex and CFD broker
71.89% of retail investor accounts lose money when trading CFDs with this provider.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best CFD Provider 2021 - City of London Wealth Management Awards (COLWMA)
Best Value Broker in Asia at the 2020 - Global Forex Awards
Best Forex Trading Experience 2017 - UK Forex Awards
Best Forex Trading Innovation 2017 - UK Forex Awards
Best Customer Service 2013 - UK Forex Awards
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, stocks, commodities, cryptocurrency, spread betting (UK Only)
Demo Account
Yes Yes
Minimum Deposit
$500 $0
Payment Methods
Neteller, Skrill, Visa BPAY, Credit Card, Mastercard, Neteller, POLi, Skrill, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
CySEC, FCA, VFSC, NBRB FCA, ASIC, FSCA, FSA Seychelles
Margin Trading
No No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
Yes Yes
cTrader
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No No
Mobile Apps
Yes Yes
Auto Trading
Yes Yes - EAs compatible
Trade Signals
Yes No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
- -
CFD
Trade CFDs in a range of financial markets. CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency
Leverage
1:200 1:500
FTSE Spread
2 0.7
GBPUSD Spread
1.5 1.2
Oil Spread
0.13 3
Stocks Spread
Variable From 0.4 points
Forex
Trade FX pairs with tight spreads & leverage. Trading available on 40 major, minor, and exotic currency pairs
GBPUSD Spread
1.5 0.3 (ThinkZero) Variable.
EURUSD Spread
1.6 0.0 (ThinkZero) Variable.
EURGBP Spread
1.5 0.3 (ThinkZero) Variable.
Assets
40+ 40
Cryptocurrency
Trade popular cryptos against the USD. Trading on popular 15+ crypto coins, including Bitcoin, Ethereum & Dash. Leverage up to 1:10
Spread
Variable BTC 25, ETH 6 (Variable)
Coins
BTC, LTC, ETH, XRP BTC, ETH, XRP, BCH, LTC
71.89% of retail investor accounts lose money when trading CFDs with this provider.