Written by ForexBrokers.com
In this head to head comparison of easyMarkets 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.
easyMarkets, founded in 2001, offers a solid level of regulatory trust with a total of two Tier-1 licenses and one Tier-2 license. Rated with a Trust Score of 84 by ForexBrokers.com, easyMarkets is considered a trusted broker in the industry. Despite not being publicly traded or a banking institution, its longevity and regulatory licenses help solidify its position in the market as a reliable trading platform.
LegacyFX, which began operations in 2012, holds one Tier-1 license but lacks any Tier-2 licenses. It is awarded a Trust Score of 67, indicating a higher risk compared to easyMarkets. Like its counterpart, LegacyFX is not publicly traded and does not operate as a bank. While it shows some level of regulatory compliance, its lower Trust Score suggests trading with caution.
| Feature |
easyMarkets
|
LegacyFX
|
|---|---|---|
| Year Founded | 2001 | 2012 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
easyMarkets keeps pricing simple with fixed spreads of 0.8 pips on EUR/USD when you trade on the easyMarkets platform or via TradingView. On MT4, pricing widens to 1.7 pips on the Standard account, while the VIP tier trims it to 0.7 pips. MT5 uses variable pricing that starts from 0.7 pips. Overall, easyMarkets earns 3.5 out of 5 stars for commissions and fees and ranks 53rd out of 63 brokers in this category according to ForexBrokers.com.
LegacyFX’s commissions and fees depend on which entity and account you choose. In the EU (CySEC), there are Silver ($500 min), Gold ($5,000), and Platinum ($25,000) accounts, with the lowest advertised spreads on Platinum and higher costs on Silver—the EUR/USD minimum can be as high as 1.6 pips on Silver. Internationally (Vanuatu), there are seven account tiers from Standard ($500) up to VIP ($50,000), which also control access to support and tools. Because LegacyFX does not publish average spreads, it’s difficult to pin down typical trading costs. LegacyFX is rated 3.5 out of 5 stars for commissions and fees and is ranked 58th out of 63.
Comparison: easyMarkets provides clearer pricing and, on its own platform or TradingView, a lower quoted EUR/USD spread (0.8 pips) than LegacyFX’s EU Silver minimum (1.6 pips). However, easyMarkets’ MT4 Standard spread (1.7 pips) is on the high side, and MT5 pricing is only stated as starting from 0.7 pips rather than an average. LegacyFX offers many account options, but the lack of average-spread data makes cost comparisons harder. Based on available information and third-party rankings, easyMarkets edges LegacyFX on transparency and headline spreads, though your final costs will depend on platform choice and account tier.
| Feature |
easyMarkets
|
LegacyFX
|
|---|---|---|
| Minimum Deposit | $25 | $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.
easyMarkets and LegacyFX both support forex trading via CFDs/spot. LegacyFX lists a wider overall selection with about 425 tradeable symbols, while easyMarkets offers around 230. If your focus is currency trading specifically, easyMarkets carries more forex pairs (63) than LegacyFX (44). Neither broker provides access to exchange-traded stocks on U.S. or international exchanges—both keep you in the derivatives lane rather than letting you buy actual shares.
Copy trading is available at both brokers. For crypto, neither lets you buy actual coins, but each offers cryptocurrency CFDs. For Range of Investments, both score 3.5 out of 5 stars. In category rankings, LegacyFX places 49th out of 63 brokers, while easyMarkets ranks 55th. In short, pick LegacyFX for a larger overall product list, or easyMarkets if you want more forex pairs.
| Feature |
easyMarkets
|
LegacyFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 230 | 425 |
| Forex Pairs (Total) | 63 | 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.
In this easyMarkets vs LegacyFX trading platforms and tools comparison: both brokers offer free demo (paper) accounts, web and Windows desktop platforms, copy trading, and the ability to trade directly from charts. easyMarkets also provides a proprietary, in-house platform and supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). LegacyFX does not have its own platform and does not support MT4, but it does offer MT5. If you prefer MT4 or want to try an in-house platform, easyMarkets has the edge; if you only need MT5, both can fit.
According to ForexBrokers.com, easyMarkets earns 4 stars and ranks 36th out of 63 brokers for Trading Platforms and Tools, while LegacyFX scores 3.5 stars and ranks 61st. That gap points to easyMarkets’ broader platform lineup. Still, both cover essentials like demo trading, chart-based order entry, and copy trading, so your choice may hinge on whether you want MT4 and a proprietary platform in addition to MT5.
| Feature |
easyMarkets
|
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) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
easyMarkets and LegacyFX both offer mobile trading apps for iPhone and Android. If you want price alerts on your phone, LegacyFX provides them, while easyMarkets does not. If syncing your watchlist between the app and your online account matters, easyMarkets includes watchlist syncing; LegacyFX does not. Both apps let you draw trendlines on charts.
For charting depth, easyMarkets supplies 81 technical studies versus 30 at LegacyFX. LegacyFX auto-saves your chart drawings, while easyMarkets requires you to reapply them. Overall, easyMarkets earned 4 stars and ranks #32 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com; LegacyFX earned 3.5 stars and ranks #62. Choose easyMarkets if you want more indicators and synced watchlists; pick LegacyFX if you prioritize price alerts and auto-saved drawings.
| Feature |
easyMarkets
|
LegacyFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | No | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 81 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing easyMarkets vs LegacyFX for market research, both brokers deliver daily market commentary, top-tier forex news from sources like Bloomberg and Reuters, and a handy economic calendar. Each earns 3.5 stars for Research, with easyMarkets ranked #44 out of 63 brokers by ForexBrokers.com and LegacyFX at #47—showing similar scores, with a slight edge to easyMarkets in the rankings.
Their research toolkits differ. easyMarkets includes Trading Central and a sentiment tool that shows long-versus-short positioning, but it does not offer Autochartist. LegacyFX takes the opposite tack: it offers Autochartist for pattern recognition yet does not include Trading Central or a sentiment tool. TipRanks and Acuity Trading were not specified for LegacyFX in the details provided. If you value Trading Central insights and a clear view of crowd sentiment, easyMarkets may fit better; if you prefer Autochartist’s technical pattern scanning, LegacyFX could be the pick.
| Feature |
easyMarkets
|
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 | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing education, both easyMarkets and LegacyFX deliver forex and CFD learning hubs with at least 10 educational pieces. Each broker hosts ongoing client webinars at least once a month, and both provide 10 or more beginner-focused videos that walk through trading basics, platform use, and core concepts.
As you advance, both brokers also supply 10+ videos aimed at experienced traders, helping you move from basics to strategy. Independent ratings from ForexBrokers.com score both easyMarkets and LegacyFX at 3.5 out of 5 for Education, with LegacyFX ranking slightly higher (#35 of 63) than easyMarkets (#39 of 63). If a small ranking edge matters to you, LegacyFX has it; otherwise, both are solid picks for building trading knowledge from the ground up.
| Feature |
easyMarkets
|
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 easyMarkets is better than LegacyFX. easyMarkets finished with an overall rank of #42, while LegacyFX finished with an overall rank of #63.
easyMarkets is easy to use and offers several unique features attractive to beginners through its proprietary trading platform. However, its web platform is a bit dated and it offers a below-average selection of tradeable products.
| Feature |
easyMarkets
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LegacyFX
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|---|---|---|
| Overall Rating |
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| Trust Score | 84 | 67 |
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easyMarkets vs LegacyFX: neither broker allows you to buy actual (delivered) cryptocurrency, but both support cryptocurrency trading through CFDs (not the underlying asset).
In the easyMarkets vs LegacyFX comparison, only easyMarkets supports ACH/SEPA transfers for deposits and withdrawals, while 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 | easyMarkets | LegacyFX | |
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| Trust Score | 84 | 67 | |
| Winner | check_circle | ||
| Review | easyMarkets Review | LegacyFX Review |
| Broker Screenshots | easyMarkets | LegacyFX | |
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| Regulation | easyMarkets | LegacyFX | |
|---|---|---|---|
| Trust Score | 84 | 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 | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | easyMarkets | LegacyFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | 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) | No | 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) | easyMarkets | LegacyFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| 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) |
| Investments | easyMarkets | LegacyFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 230 | 425 | |
| Forex Pairs (Total) | 63 | 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 | easyMarkets | LegacyFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | easyMarkets | LegacyFX | |
|---|---|---|---|
| Minimum Deposit | $25 | $500 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | easyMarkets | 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 | easyMarkets | LegacyFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | easyMarkets | LegacyFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | No | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 81 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | easyMarkets | LegacyFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | easyMarkets | LegacyFX | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | easyMarkets | LegacyFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | easyMarkets Review | LegacyFX Review |
| Overall | easyMarkets | LegacyFX | |
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| Trust Score | 84 | 67 | |
| Winner | check_circle | ||
| Review | easyMarkets Review | LegacyFX Review |
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