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 | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Admirals offers a far wider range of investments than LegacyFX. You can choose from 8,702 tradeable symbols at Admirals versus 425 at LegacyFX, and 82 forex pairs compared with LegacyFX’s 44. Both brokers let you trade forex via CFDs or spot-style contracts, and both support copy trading. For stock investing, Admirals stands out by allowing real share purchases on U.S. and international exchanges, while LegacyFX does not offer exchange-traded stocks. Neither broker lets you buy actual crypto, but both provide access to cryptocurrency derivatives.
Reflecting this breadth, Admirals earns 4.5 out of 5 stars for Range of Investments and ranks #20 out of 63 brokers at ForexBrokers.com, while LegacyFX scores 3.5 stars and ranks #49. If you want extensive market access—including real stocks across global markets—Admirals is the more comprehensive pick. If your focus is a smaller lineup of CFD markets with copy trading and crypto derivatives, LegacyFX can 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. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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 vs. LegacyFX: both brokers support paper trading with free demo accounts, offer a web platform and a Windows desktop app, and let you place trades directly from charts. Admirals adds a proprietary, in‑house platform, while LegacyFX does not. Platform lineup differs too: Admirals supports MetaTrader 4 and MetaTrader 5, whereas LegacyFX offers MetaTrader 5 but not MT4. Copy trading is available at both brokers, and neither supports DupliTrade or ZuluTrade.
For charting and tools, Admirals supplies 106 drawing tools compared to 15 at LegacyFX, and each broker provides seven watchlist columns. Independent ratings reflect this gap: ForexBrokers.com gives Admirals 4 stars and ranks it 19th out of 63 for Trading Platforms and Tools, while LegacyFX earns 3.5 stars and ranks 61st. If you want MT4 access and a wider set of drawing tools, Admirals stands out. If MT5 with fewer drawing tools meets your needs, LegacyFX can fit the bill.
| Feature |
Admirals
|
LegacyFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 106 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Admirals and LegacyFX both check the big boxes for mobile trading. Each offers iPhone and Android apps, price alerts, and real-time watchlists. On charts, both deliver 30 technical studies, trendline drawing, multiple time frames (intraday to weekly), and auto-saved annotations. One shared limitation: neither app syncs watchlist symbols with the web platform, so lists you edit on mobile won’t update online automatically.
When it comes to quality scores, Admirals has the edge: it’s rated 4 stars and ranked #23 out of 63 brokers by ForexBrokers.com for Mobile Trading Apps. LegacyFX earns 3.5 stars and ranks #62. If you want a more polished overall mobile experience, Admirals is the stronger pick, while LegacyFX still covers the essentials for trading on the go.
| Feature |
Admirals
|
LegacyFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | 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 | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | Yes | |
| Signal Centre (Acuity Trading) | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Admirals and LegacyFX offer a comprehensive suite to get you started with forex and CFDs. Each broker provides at least ten educational pieces, including articles, videos, and archived webinars focused on these trading areas. They also host online educational webinars monthly and maintain searchable archives of past sessions. Additionally, both brokers offer a range of beginner and advanced educational videos, ensuring that traders at different experience levels can enhance their knowledge. Admirals and LegacyFX further support learners with an investor dictionary, each defining over fifty investment terms.
Despite their similarities, Admirals edges out in educational quality, boasting a 4-star rating compared to LegacyFX's 3.5 stars. This slight advantage is reflected in ForexBrokers.com's rankings, where Admirals secures the 12th spot out of 63 brokers for education, while LegacyFX holds the 35th position. Overall, both brokers deliver solid educational tools for novices, but Admirals seems to have a slight lead in depth and recognition within the industry.
| Feature |
Admirals
|
LegacyFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | 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
|
LegacyFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 67 |
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Both Admirals and LegacyFX do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for purchasing cryptocurrency derivatives.
In comparing online brokers Admirals and LegacyFX, Admirals provides a wider range of funding options including ACH, SEPA transfers, and PayPal, which are not available with LegacyFX, while both brokers support Skrill, Visa or Mastercard, and bank wire transfers for depositing or withdrawing account funds.
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/Central Bank 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. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | LegacyFX | |
|---|---|---|---|
| Minimum Deposit | $100 | $500 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Admirals | LegacyFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Admirals | LegacyFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 106 | 15 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Admirals | LegacyFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | ||
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | LegacyFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Admirals | LegacyFX | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| 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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