SimpleFX vs LegacyFX

SimpleFX vs LegacyFX Comparison Table 2021
SimpleFX LegacyFX
SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees. LegacyFX is a multi-asset broker offering an MT5 download & free signals.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Bonus
50% spread cashback None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$0 $500
Payment Methods
Bitcoin Payments, FasaPay, Neteller, Skrill Neteller, Skrill, Visa
Minimum Trade
0.01 lots 0.01 lots
Regulator
None CySEC, FCA, VFSC, NBRB
Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
No Yes
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
- No
AI / Machine Learning
- -
Robo Advisor
- -
Negative Balance Protection
- -
Market Maker
- No
P2P Trading
- No
Spot Trading
No No
Mobile Apps
Yes Yes
Auto Trading
Yes Yes
Trade Signals
Yes Yes
VPS Hosting
- -
Tournaments
- -
Demo Competitions
- -
Ethical Investing
- -
Social Trading
Yes No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- -
CFD
Leveraged CFD products are available in multiple financial markets. Trade CFDs in a range of financial markets.
Leverage
1:500 1:200
FTSE Spread
1.3 2
GBPUSD Spread
1.2 1.5
Oil Spread
0.03 0.13
Stocks Spread
Variable Variable
Forex
Trade currency pairs with tight spreads and 1:500 leverage. Trade FX pairs with tight spreads & leverage.
GBPUSD Spread
1.2 1.5
EURUSD Spread
0.9 1.6
EURGBP Spread
0.9 1.5
Assets
60 40+
Cryptocurrency
Trade crypto and US Dollar CFDs. Trade popular cryptos against the USD.
Spread
From 0.0001 Variable
Coins
BTC, BHC, LTC, ETH, ETC, XRP, LNK BTC, LTC, ETH, XRP
Crypto Lending
- No
Crypto Mining
- No
Auto Market Maker
- No