1. Home
  2. Online Brokers and Trading Platforms 2023

LegacyFX vs Trading212

LegacyFX vs Trading 212 Comparison Table 2023
LegacyFX Trading 212
Review
Not Yet Rated
Review
2.3
We do not recommend Trading212. Margin requirement changes made with no notice leave traders exposed to additional risk, and a mobile app rating of just 1.1* illustrates a serious issue with user satisfaction
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.

Trading 212 offer a mobile trading experience with copy trading functionality and a range of investing assets.

Pros
  • Demo account
  • Copy trading
  • Strong regulation
  • Low minimum deposit
  • Multiple payment methods
Cons
  • No MetaTrader 4 integration
Awards
  • Best Trading Signals Provider 2021
  • Broker of the Year 2021
  • Best STP Forex Broker 2020
  • Best Forex Broker in the Middle East 2019
  • #1 Trading App - Apple App Store
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 Forex, CFDs, Indices, Shares, Commodities, ETFs
Demo Account
Yes Yes
Minimum Deposit
$500 €/£/$1
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
CySEC, FCA, VFSC, NBRB FCA, CySEC, FSC
Margin Trading
Yes Yes
MetaTrader 4
No No
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 Yes
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 No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
EAs on MT5 AutoInvest portfolio
Copy Trading
No Yes
Copy Trading Platform
Trading 212 offers a portfolio copy trading service which is user-friendly and suitable for beginners
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • CHF
  • SGD
  • RUB
  • PLN
  • HUF
  • USD
  • EUR
  • GBP
  • CAD
  • SEK
  • NOK
  • CHF
  • CZK
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs in a range of financial markets. Trade CFDs on a range of markets commission-free including forex, stocks, and commodities
Leverage
1:200 1:30
FTSE Spread
From 1.0 2.5 points
GBPUSD Spread<
From 0.5 0.00028 pips
Oil Spread
From 0.05 0.4 pips
Stocks Spread
From 0.02 0.2% Var
Forex Trading
Trade FX pairs with tight spreads & leverage. Trade 170+ major and minor currency pairs with floating spreads.
Forex App

Trading212 have positioned themselves at the front of the mobile trading movement. Their platform is based on a ‘mobile-first’ model, so they prioritize this type of trader. The app offers 1800+ instruments, zero commissions and a free practise account. Download the app risk free and try it out.

 
GBPUSD Spread
From 0.5 0.00028 pips
EURUSD Spread
From 0.6 0.00015 pips
EURGBP Spread
From 0.5 0.00044 pips
Assets
40+ 170+
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
More Comparisons
LegacyFX
vs
 Trading 212
vs