Written by ForexBrokers.com
In this head to head comparison of Admirals vs LegacyFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing Admirals and LegacyFX, two well-known online brokers, key differences emerge in terms of trust and regulatory standings. Admirals, established in 2001, holds an impressive Trust Score of 93 out of 99 from ForexBrokers.com, indicating a high level of reliability. It boasts four Tier-1 licenses and three Tier-2 licenses, showcasing its secure and trusted position in the industry. Meanwhile, LegacyFX, which commenced operations in 2012, holds a Trust Score of 67, signaling a higher risk relative to Admirals. It only possesses one Tier-1 license and lacks any Tier-2 licenses, offering less assurance to traders seeking safety in trading platforms.
Neither Admirals nor LegacyFX is publicly traded or operates as a bank. These facts further differentiate the brokers primarily based on their regulatory frameworks and trust levels. Admirals’ extensive regulatory coverage offers clients a more secure trading experience, whereas LegacyFX's limited licensing may require traders to approach with caution. For those prioritizing regulatory assurance and trust, Admirals stands out as the more reliable option.
| Feature |
Admirals
|
LegacyFX
|
|---|---|---|
| Year Founded | 2001 | 2012 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
For commissions and fees, Admirals is the clearer value. It posts competitive pricing with typical spreads of 0.8 pips on its Trade account and similar pricing on its Zero account type. Admirals earns 4.5 out of 5 stars and ranks #18 of 63 brokers for the Commissions and Fees category at ForexBrokers.com.
LegacyFX’s pricing is harder to pin down because it doesn’t publish average spreads, making it difficult to estimate your all-in trading costs. The broker earns 3.5 out of 5 stars and ranks #58 of 63 for Commissions and Fees at ForexBrokers.com, reflecting this uncertainty.
By entity, LegacyFX offers different account tiers. In the EU (CySEC-regulated), Silver, Gold, and Platinum accounts require $500, $5,000, and $25,000 minimum deposits, respectively; Silver’s minimum spread starts at 1.6 pips on EUR/USD, with lower advertised spreads on higher tiers. Internationally (Vanuatu), seven account types range from Standard ($500) to VIP ($50,000), with benefits like added support and tool access varying by tier. Without average spread data, however, LegacyFX’s true commissions-and-fees picture remains unclear compared to Admirals’ published typical spreads.
| Feature |
Admirals
|
LegacyFX
|
|---|---|---|
| Minimum Deposit | $100 | $500 |
| Average spread (EUR/USD) - Standard account | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
Admirals and LegacyFX both let you trade forex as CFDs or spot contracts, but Admirals offers a far wider range of investments. Admirals lists 8,702 tradeable symbols and 82 forex pairs, while LegacyFX has 425 symbols and 44 pairs. If you want to buy exchange-traded stocks, Admirals supports real shares on both U.S. and international exchanges (think Apple or Vodafone), whereas LegacyFX does not offer exchange-traded securities.
Both brokers provide copy trading, and both support cryptocurrency via CFDs (neither offers direct, delivered crypto). For range of investments, Admirals earns 4.5 out of 5 stars and ranks #20 out of 63 brokers at ForexBrokers.com, while LegacyFX scores 3.5 stars and ranks #49. If access to more markets and real stock trading matters to you, Admirals has the edge; if you only need core CFDs and forex pairs, LegacyFX could still fit the bill.
| Feature |
Admirals
|
LegacyFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 425 |
| Forex Pairs (Total) | 82 | 44 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Admirals and LegacyFX both cover the basics for platform features: free demo (paper) trading, web and Windows desktop platforms, copy trading, and the ability to place orders directly from charts. The key difference is platform choice. Admirals offers a proprietary in-house platform alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5), appealing to both MT4 fans and MT5 users. LegacyFX does not have a proprietary platform and does not support MT4, but it does offer MT5 on web and desktop.
For trading platforms and tools, ForexBrokers.com rates Admirals 4 out of 5 stars and ranks it 19th out of 63 brokers, while LegacyFX earns 3.5 stars and ranks 61st. Choose Admirals if you want MT4 access plus an extra in-house platform to try; pick LegacyFX if MT5 on browser and desktop fits your needs and you still want features like a demo account, chart trading, and copy trading.
| Feature |
Admirals
|
LegacyFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Admirals and LegacyFX both offer mobile trading apps for iPhone and Android. Each app includes price alerts for stocks and forex, 30 technical studies for charting, drawing tools like trendlines, and auto-saving of your chart drawings. One shared limitation is watchlist syncing: changes made on mobile don’t sync with your online account watchlists.
Where they differ is in third-party ratings. ForexBrokers.com gives Admirals 4 out of 5 stars and ranks it 23rd out of 63 brokers for Mobile Trading Apps, while LegacyFX earns 3.5 stars and ranks 62nd. If you want the same core features with higher ratings and a better category rank, Admirals has the edge; if you’re already with LegacyFX, you’ll find similar tools but with a lower score.
| Feature |
Admirals
|
LegacyFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Admirals vs. LegacyFX for market research: both brokers provide daily market commentary, an economic calendar, and forex news from leading outlets like Bloomberg, Reuters, or Dow Jones. The key differences are in extra research tools. LegacyFX includes Autochartist for chart-pattern scanning and trade ideas. Admirals skips Autochartist but adds Trading Central analytics, a sentiment tool that shows the long/short ratio, plus TipRanks insights and Acuity Trading (Signal Centre) for additional ideas.
These extras help Admirals score higher for Research (4/5 stars) and rank #15 out of 63 brokers on ForexBrokers.com, while LegacyFX scores 3.5/5 stars and ranks #47. If Autochartist is your must-have, LegacyFX fits. If you want broader built-in research with sentiment data, Trading Central, and third‑party insights, Admirals is the stronger choice.
| Feature |
Admirals
|
LegacyFX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | |
| Acuity Trading | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
If you’re new to trading, both Admirals and LegacyFX deliver forex and CFD education you can actually use. Each broker runs client webinars at least once a month and offers 10+ beginner videos that cover essentials like how platforms work, placing trades, and basic risk control. As you progress, both also provide 10+ advanced videos aimed at experienced traders.
The main difference is overall quality and recognition. Admirals holds a 4-star Education rating and ranks #12 out of 63 brokers at ForexBrokers.com, while LegacyFX has a 3.5-star rating and ranks #35. That edge suggests Admirals may be the better pick if you want more comprehensive learning, though LegacyFX still gives beginners steady webinars and plenty of video lessons to get started.
| Feature |
Admirals
|
LegacyFX
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Admirals is better than LegacyFX. Admirals finished with an overall rank of #18, while LegacyFX finished with an overall rank of #63.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
Admirals
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LegacyFX
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|---|---|---|
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| Trust Score | 93 | 67 |
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Admirals vs LegacyFX: neither online broker supports buying actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading.
In the Admirals vs LegacyFX online broker comparison, Admirals supports ACH/SEPA transfers for deposits and withdrawals, whereas LegacyFX does not.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Admirals | LegacyFX | |
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| Trust Score | 93 | 67 | |
| Winner | check_circle | ||
| Review | Admirals Review | LegacyFX Review |
| Broker Screenshots | Admirals | LegacyFX | |
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| Regulation | Admirals | LegacyFX | |
|---|---|---|---|
| Trust Score | 93 | 67 | |
| Year Founded | 2001 | 2012 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Admirals | LegacyFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Admirals | LegacyFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes |
| Investments | Admirals | LegacyFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 425 | |
| Forex Pairs (Total) | 82 | 44 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Admirals | LegacyFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Admirals | LegacyFX | |
|---|---|---|---|
| Minimum Deposit | $100 | $500 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Admirals | LegacyFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Admirals | LegacyFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | LegacyFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Admirals | LegacyFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | Yes | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | LegacyFX | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Admirals | LegacyFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Admirals Review | LegacyFX Review |
| Overall | Admirals | LegacyFX | |
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| Trust Score | 93 | 67 | |
| Winner | check_circle | ||
| Review | Admirals Review | LegacyFX Review |
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