PrimeXBT vs LegacyFX

PrimeXBT vs LegacyFX Comparison Table 2023
PrimeXBT LegacyFX
WINNER
PrimeXBT is the better broker
4.2
Not Yet Rated
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

PrimeXBT is a Bitcoin-based platform offering highly leveraged trading in FX, indices, commodities, & cryptocurrencies. Copy trading and crypto staking also available.

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

Pros
  • Low minimum deposit
  • Copy trading
Cons
  • No demo account
  • No MT4 integration
  • No regulatory oversight
Awards
  • Best Crypto Trading App
  • Best Platform For Margin Trading
  • Best Trading Signals Provider 2021
  • Broker of the Year 2021
  • Best STP Forex Broker 2020
  • Best Forex Broker in the Middle East 2019
Promotions

Enter PrimeXBT Virtual Contests To Win Real Prizes

Reverse Losing Trades With LegacyFX Safe Mode

Earn Rewards When You Trade With The LegacyFX Loyalty Program

Instruments
CFDs, Cryptos, Forex, Indices, Commodities Forex, CFDs, indices, shares, commodities, cryptocurrencies, stocks
Demo Account
No Yes
Minimum Deposit
0.001 BTC $500
Payment Methods
Minimum Trade
0.01 contract 0.01 lots
Regulator
CySEC, FCA, VFSC, NBRB
Margin Trading
Yes Yes
MetaTrader 4
No No
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No Yes
eSignal
No No
Trading Central
No Yes
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
EAs on MT5
Copy Trading
Yes No
Copy Trading Platform
PrimeXBT offers an excellent Covesting module where traders can follow the strategies of other users with free and paid-for signals.
Social Trading
Yes No
Trade Signals
No Yes
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • CHF
  • SGD
  • RUB
  • PLN
  • HUF
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs with low fees and fast execution speeds. Trade leveraged CFDs in a range of financial markets.
Leverage
1:200 1:200
FTSE Spread
Variable From 1.0
GBPUSD Spread<
Variable From 0.5
Oil Spread
Variable From 0.05
Stocks Spread
Variable From 0.02
Forex Trading
Trade on close to 20 currency pairs, including crypto pairs. 'Covest' and follow experienced traders. Trade FX pairs with tight spreads & leverage.
GBPUSD Spread
Variable From 0.5
EURUSD Spread
Variable From 0.6
EURGBP Spread
Variable From 0.5
Assets
18 40+
Cryptocurrency
Trade on popular cryptocurrency coins with an award winning trading platform. Leverage up to 1:200 subject to regulation. Go long or short on popular cryptos against the USD and EUR
Spread
0.05% BTC, 0.05% ETH Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • EOS
  • ADA
  • DOT
  • SOL
  • UNI
  • LINK
  • DOGE
  • BNB
  • ICP
  • SAND
  • BTC
  • LTC
  • ETH
  • XRP
  • SOL
  • BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
More Comparisons
PrimeXBT
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