Written by ForexBrokers.com
In this head to head comparison of ATFX 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.
ATFX, founded in 2017, and LegacyFX, established in 2012, offer online trading services but vary in their regulatory strengths. Both brokers are privately held and not associated with any banks, yet their Trust Scores and licensing differ. ATFX boasts a Trust Score of 85, indicating a solid trust level, with 4 Tier-1 and 2 Tier-2 regulatory licenses adding to its credibility. In contrast, LegacyFX, with a Trust Score of 67, is classified in a higher risk category and holds only a single Tier-1 license, with no Tier-2 licenses, reflecting a less extensive regulatory presence.
These differences are significant for traders concerned about trust and regulation when choosing an online broker. ATFX’s higher Trust Score and multiple high-quality licenses suggest a more reliable regulatory environment compared to LegacyFX. While LegacyFX has been in operation longer, its lower regulatory standing may be a factor for traders prioritizing security and trust in their trading platform.
| Feature |
ATFX
|
LegacyFX
|
|---|---|---|
| Year Founded | 2017 | 2012 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
ATFX and LegacyFX both leave traders without published average spread data, making apples-to-apples cost comparisons for commissions and fees tricky. Even so, ForexBrokers.com’s scores put LegacyFX slightly ahead: LegacyFX is rated 3.5 out of 5 stars and ranked #58 of 63 for Commissions and Fees, while ATFX is rated 3 out of 5 stars and ranked #61 of 63.
ATFX: With average spreads not disclosed, typical trading costs are hard to gauge. This limited visibility helps explain ATFX’s 3/5 star rating and #61/63 ranking in the Commissions and Fees category.
LegacyFX: Fees depend on the entity and account tier. In the EU (CySEC), accounts are Silver ($500 minimum), Gold ($5,000), and Platinum ($25,000); advertised spreads are lowest on Platinum, slightly higher on Gold, and much higher on Silver, where the minimum spread can be as high as 1.6 pips on EUR/USD. For international clients (Vanuatu), seven tiers—Standard ($500), Bronze ($1,000), Silver ($3,000), Gold ($5,000), Platinum ($10,000), Premium ($25,000), and VIP ($50,000)—also tie your account level to added support and tool access. Because LegacyFX doesn’t publish average spreads, the true cost is still unclear despite its higher 3.5/5 rating and #58/63 ranking.
| Feature |
ATFX
|
LegacyFX
|
|---|---|---|
| Minimum Deposit | $500 | $500 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | 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.
Comparing the range of investments at ATFX and LegacyFX, LegacyFX offers a wider selection overall with 425 tradeable symbols versus 150 at ATFX. Both brokers list 44 forex pairs and support forex trading (CFD or spot, depending on your account and region). Neither broker lets you buy real exchange-traded shares in the U.S. or abroad—so you can’t directly purchase companies like Apple or Vodafone—but both provide copy trading. For crypto, neither allows buying actual coins, though both offer cryptocurrency derivatives for trading price movements.
In independent ratings for Range of Investments, both ATFX and LegacyFX score 3.5 out of 5 stars. However, LegacyFX ranks higher at #49 out of 63 brokers, compared with ATFX at #58, reflecting LegacyFX’s broader list of symbols. If total market variety matters most, LegacyFX has the edge; if you mainly want forex pairs, crypto derivatives, and copy trading, both brokers offer similar coverage.
| Feature |
ATFX
|
LegacyFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 150 | 425 |
| Forex Pairs (Total) | 44 | 44 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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.
ATFX vs LegacyFX: Both brokers make it easy to get started with a free demo account and offer web and Windows desktop platforms with copy trading. Neither provides its own in-house platform, and neither supports DupliTrade or ZuluTrade. Both support MetaTrader 5; ATFX also offers MetaTrader 4, while LegacyFX does not. For charting, each lets you place trades directly from charts, includes 15 drawing tools, and offers watch lists with seven fields.
For Trading Platforms and Tools, both ATFX and LegacyFX earn 3.5 out of 5 stars. According to ForexBrokers.com, LegacyFX ranks slightly higher at 61st out of 63 brokers, while ATFX ranks 63rd. If you need MT4, choose ATFX; if MT5 is enough, either broker delivers similar basics across web and desktop, along with paper trading and copy trading.
| Feature |
ATFX
|
LegacyFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
ATFX and LegacyFX both offer iPhone and Android apps for trading on the go. Each mobile app lets you set stock or forex price alerts, create watchlists with real-time quotes, draw trendlines, switch between intraday, daily, and weekly time frames, and your chart drawings auto-save. A shared drawback is that neither app syncs watchlist symbols with your online account, so changes made on mobile won’t carry over to the web (and vice versa).
The key difference is charting depth: LegacyFX’s app includes about 30 technical studies, while ATFX offers around 7. If you lean on indicators, LegacyFX has the edge; if you just need core tools, both will get the job done. Both apps are rated 3.5 out of 5 stars. In ForexBrokers.com’s Mobile Trading Apps category, LegacyFX is listed 62nd and ATFX 64th. Choose LegacyFX for more built-in indicators, or ATFX if you’re comfortable with essential features and identical device support.
| Feature |
ATFX
|
LegacyFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 7 | 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.
ATFX vs LegacyFX for market research: both brokers publish daily market commentary and provide an economic calendar, and each supports Autochartist for technical and fundamental ideas. LegacyFX goes a step further with integrated forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, while ATFX does not. In contrast, ATFX includes Trading Central research tools, which LegacyFX lacks. Neither broker offers a sentiment tool that shows the long/short ratio, and tools from TipRanks or Acuity Trading are not specified.
For scores, LegacyFX earns 3.5 stars for Research (ranked #47 of 63), while ATFX holds 3 stars (ranked #55 of 63), according to ForexBrokers.com. Choose LegacyFX if built-in premium news is a priority; pick ATFX if you value access to Trading Central. Both cover the basics with daily insights and a clear calendar of upcoming events.
| Feature |
ATFX
|
LegacyFX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When exploring educational resources for beginners, both ATFX and LegacyFX offer a minimum of 10 educational materials focusing on forex and CFDs, such as articles, videos, and archived webinars. However, ATFX stands out with its searchable archive of previously recorded webinars, providing easy access to past learning sessions. Both platforms offer at least 10 beginner educational videos tailored specifically for new traders. ATFX also provides an investor dictionary featuring definitions of at least 50 investing terms, making it a reliable resource for newbies seeking clarity on trading jargon.
LegacyFX, on the other hand, offers a broader range of educational opportunities by including at least 10 advanced videos for seasoned traders and holding monthly online educational webinars. Despite ATFX's higher ranking at #28 by ForexBrokers.com, LegacyFX edges out with a slightly higher education rating of 3.5 stars compared to ATFX's 3 stars, thanks to its comprehensive suite of resources catering to both beginner and advanced traders. Both platforms present valuable learning opportunities, but LegacyFX's offerings might appeal more to those looking for continuous learning and deeper insights into advanced trading techniques.
| Feature |
ATFX
|
LegacyFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | 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 ATFX is better than LegacyFX. ATFX finished with an overall rank of #51, while LegacyFX finished with an overall rank of #63.
ATFX primarily offers the MetaTrader platform suite from its regulated brands in the EU via Cyprus, and the UK, as well as its offshore entity in Mauritius. ATFX has made progress although still trails behind the best brokers when it comes to the range of investment products it offers and the available trading platforms.
| Feature |
ATFX
|
LegacyFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 67 |
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Both ATFX and LegacyFX offer the ability to trade cryptocurrency derivatives but do not provide options for purchasing actual (delivered) cryptocurrencies.
Both ATFX and LegacyFX provide options for depositing and withdrawing account funds through Skrill, Visa, Mastercard, and bank wires, but neither offer ACH, SEPA, or PayPal services, making them similar in transaction methods.
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 | ATFX | LegacyFX | |
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| Trust Score | 85 | 67 | |
| Winner | check_circle | ||
| Review | LegacyFX Review |
| Broker Screenshots | ATFX | LegacyFX | |
|---|---|---|---|
| Broker Gallery (click to expand) |
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| Regulation | ATFX | LegacyFX | |
|---|---|---|---|
| Trust Score | 85 | 67 | |
| Year Founded | 2017 | 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 | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | ATFX | LegacyFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | 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) | ATFX | LegacyFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| 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) | No |
| Investments | ATFX | LegacyFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 150 | 425 | |
| Forex Pairs (Total) | 44 | 44 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | ATFX | LegacyFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | ATFX | LegacyFX | |
|---|---|---|---|
| Minimum Deposit | $500 | $500 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | ATFX | LegacyFX | |
|---|---|---|---|
| Proprietary Platform | No | 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 | ATFX | 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) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | ATFX | 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 | 7 | 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 | ATFX | LegacyFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | ATFX | LegacyFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | ATFX | 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 | LegacyFX Review |
| Overall | ATFX | LegacyFX | |
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| Trust Score | 85 | 67 | |
| Winner | check_circle | ||
| Review | LegacyFX Review |
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