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 account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
ATFX vs LegacyFX: both brokers let you trade forex either as CFDs or spot contracts, and each lists 44 currency pairs. The big difference is the overall catalog. ATFX offers about 150 tradeable symbols, while LegacyFX carries roughly 425, giving LegacyFX a wider selection beyond forex. Both also support copy trading if you want to mirror other traders’ strategies.
Neither broker lets you buy actual exchange-traded stocks on U.S. or international exchanges, and neither offers delivered cryptocurrency. If you want crypto exposure, both provide cryptocurrency CFDs instead. For range of investments, each earns 3.5 out of 5 stars, though LegacyFX ranks higher in the category (#49 of 63) than ATFX (#58 of 63).
| Feature |
ATFX
|
LegacyFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 150 | 425 |
| Forex Pairs (Total) | 44 | 44 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | 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.
ATFX and LegacyFX both offer free demo accounts for paper trading and provide Windows desktop and web-based platforms. Neither broker has an in-house proprietary platform; instead, they rely on MetaTrader. The key difference is platform choice: ATFX supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while LegacyFX supports MT5 but not MT4. If you need MT4, ATFX is the fit; if you prefer MT5, both brokers work. Both also support copy trading.
For trading tools, each broker lets you place orders directly from charts. Specific counts for built-in technical indicators and watch list columns aren’t provided. Independent ratings for Trading Platforms and Tools are the same at 3.5 out of 5 stars, but rankings differ: LegacyFX is 61st out of 63 brokers, while ATFX is 63rd, according to ForexBrokers.com.
| Feature |
ATFX
|
LegacyFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | 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.
ATFX and LegacyFX both offer mobile trading apps for iPhone and Android, complete with price alerts for faster reactions to market moves. Neither app syncs watchlists with the web platform, so changes you make on mobile won’t carry over automatically. For charting, ATFX includes 7 technical studies while LegacyFX offers 30, which may appeal to traders who like more indicators. Both apps let you draw trendlines and will auto-save your chart drawings, making it easier to pick up where you left off.
In terms of ratings, both brokers earn 3.5 stars for Mobile Trading Apps. According to ForexBrokers.com, ATFX is ranked 64th in the Mobile Trading Apps category, while LegacyFX sits at 62nd. If you value a wider range of technical studies, LegacyFX has the edge. If you just need essential tools with alerts on iPhone or Android, either app can cover the basics—just note the lack of watchlist syncing on both.
| Feature |
ATFX
|
LegacyFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 7 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | 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 (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | Yes |
| Trading Central | Yes | No |
| Client sentiment data | No | No |
| TipRanks | ||
| Acuity Trading | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
ATFX and LegacyFX both provide forex and CFD education for beginners, meeting the threshold of at least 10 educational pieces and offering 10+ beginner-focused videos. LegacyFX also hosts monthly client webinars and includes a sizable set of advanced videos, which can help as you move beyond the basics. ATFX does not offer monthly webinars and lacks a comparable advanced video library, but its beginner content covers essential trading concepts clearly.
Looking at independent evaluations, ATFX is rated 3 stars for Education and ranks 28th out of 63 brokers on ForexBrokers.com, while LegacyFX is rated 3.5 stars and ranks 35th. If live webinars and room to grow into advanced topics matter, LegacyFX may suit you better. If you mainly want a straightforward set of beginner videos without webinars, ATFX is a practical pick.
| Feature |
ATFX
|
LegacyFX
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | 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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ATFX vs. LegacyFX: both online brokers do not offer actual delivered cryptocurrency purchases, but each provides cryptocurrency CFD trading for investors seeking crypto exposure via CFDs.
Neither online broker ATFX nor LegacyFX supports ACH or SEPA transfers for deposits or withdrawals, and the provided information does not specify availability of PayPal, Skrill, Visa/Mastercard, or bank wire funding.
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, FSRA, or SCA Authorised) | Yes | 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. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | 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 | ATFX | LegacyFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | ATFX | LegacyFX | |
|---|---|---|---|
| Minimum Deposit | $500 | $500 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | No | No |
| Trading Platforms | ATFX | LegacyFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | 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 | ATFX | 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 | ATFX | 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 | 7 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | ATFX | LegacyFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central | Yes | No | |
| TipRanks | |||
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | ATFX | LegacyFX | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | ATFX | LegacyFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | LegacyFX Review |
| Overall | ATFX | LegacyFX | |
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| Trust Score | 85 | 67 | |
| Winner | check_circle | ||
| Review | LegacyFX Review |
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