LegacyFX vs Alpari Comparison
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare LegacyFX vs Alpari.
Does LegacyFX or Alpari offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, IG
offers better pricing overall for traders.
Is LegacyFX or Alpari safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. LegacyFX holds 1 global Tier-1 licenses, while Alpari holds 0. LegacyFX holds 1 global Tier-2 licenses, while Alpari holds 0. In our analysis of 23 international regulators across 50 brokers, LegacyFX earned a higher Trust Score than Alpari.
Which trading platform is better: LegacyFX or Alpari?
To compare the trading platforms of both LegacyFX and Alpari, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IG offers a better experience. With research, IG offers superior market research. Finally, we found IG to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.LegacyFX and Alpari both offer copy trading.
How many forex pairs and CFDs are available to trade?
Alpari provides traders 46 currency pairs (e.g., EUR/USD) compared to LegacyFX's 41 available pairs. Forex pairs aside, LegacyFX offers traders access to 425 CFDs while Alpari has 105 available CFDs, a difference of 320.
Can I trust LegacyFX?
LegacyFX is not publicly traded and does not operate a bank. LegacyFX is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). LegacyFX is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA).
Can I trust Alpari?
Alpari is not publicly traded and does not operate a bank. Alpari is authorised by zero tier-1 regulators (high trust), zero tier-2 regulator (average trust), and one tier-3 regulator (low trust).
Is LegacyFX good?
LegacyFX is a plain-vanilla MetaTrader 5 (MT5) broker that offers a medium range of CFD markets and forex pairs. It has built a good foundation of research offerings, and its investor education content is on par with the industry average. Overall, LegacyFX still has room to grow, and trails behind the best MetaTrader brokers.
Is Alpari good?
Alpari is one of the oldest MetaTrader brokers, and an early pioneer of social copy-trading. Best known in Eastern Europe, Alpari offers a small but growing selection of CFD markets and platform tools, but lacks regulatory licenses in top-tier jurisdictions.
Overall winner: IG
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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.