Written by ForexBrokers.com
In this head to head comparison of Exness 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.
Exness, founded in 2008, and LegacyFX, established in 2012, are both online brokers that, while not publicly traded or banks, offer different levels of regulatory assurance to their clients. Exness holds two Tier-1 licenses, which are highly trusted according to ForexBrokers.com, and three Tier-2 licenses, leading to a Trust Score of 81 out of 99, qualifying it as a trusted platform. In contrast, LegacyFX holds one Tier-1 license and no Tier-2 licenses, garnering a Trust Score of 67, indicating a high level of risk.
For investors prioritizing security and trust, Exness's greater number of licenses and its classification as a trusted broker might appeal more than LegacyFX's higher-risk profile. Neither brokerage is listed on a stock exchange or operates as a bank, which is a commonality they share, but their regulatory footprints significantly differ, potentially influencing user preferences. These factors are crucial for users in selecting a broker aligned with their trust and safety expectations.
| Feature |
Exness
|
LegacyFX
|
|---|---|---|
| Year Founded | 2008 | 2012 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
Exness earns 4/5 stars for commissions and fees and ranks #36 out of 63 (ForexBrokers.com). It offers five main account types—Standard Cent, Standard, Pro, Zero Spread, and Raw—plus Social Standard and Social Pro for copy trading. Commission-based accounts have the tightest spreads: Zero Spread charges a $0.05 per-trade commission, while Raw charges up to $7 per round turn lot ($3.5 per side). Standard Cent and Standard are commission-free with higher spreads; Pro is also commission-free but tighter, and uniquely lets you choose instant or market execution (the others use market execution). On Zero and Raw, margin calls trigger at 30% and there are no stated limits on leverage or stop-out.
LegacyFX earns 3.5/5 stars and ranks #58 out of 63 for commissions and fees. Pricing depends on the entity and account tier. In the EU (CySEC), the Silver, Gold, and Platinum accounts require $500, $5,000, and $25,000 minimum deposits, with the lowest advertised spreads on Platinum; Silver’s minimum spread starts at 1.6 pips on EUR/USD. Internationally (Vanuatu), there are seven tiers—from Standard ($500) up to VIP ($50,000)—that mainly increase access to support and tools. A key drawback is the lack of published average spreads, which makes it harder to gauge typical trading costs.
Comparing the two, Exness provides clearer, more flexible pricing—especially on its commission accounts, which pair known fees with lower spreads—while LegacyFX’s entry-level EU account shows higher advertised spreads and its overall cost picture is less transparent. Cost-focused traders who want tight spreads may lean toward Exness’s Raw or Zero Spread accounts, whereas LegacyFX can suit those who prioritize tiered support and are comfortable with higher deposit requirements.
| Feature |
Exness
|
LegacyFX
|
|---|---|---|
| Minimum Deposit | $10 | $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) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Exness vs LegacyFX: both brokers let you trade forex as CFDs or spot contracts and each supports copy trading. Exness lists 209 tradeable symbols and stands out for currency traders with 96 forex pairs. LegacyFX offers a wider overall catalog with 425 symbols but fewer currency choices at 44 pairs. Neither broker lets you buy exchange-traded stocks on U.S. or international exchanges.
Crypto access is similar: you can trade cryptocurrency via CFDs at both Exness and LegacyFX, but you can’t buy actual coins. For Range of Investments, both earn 3.5 out of 5 stars. In ForexBrokers.com’s rankings (out of 63 brokers), Exness places #56 while LegacyFX ranks #49. In short, pick Exness for more forex pairs, or LegacyFX for a larger total symbol count.
| Feature |
Exness
|
LegacyFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 209 | 425 |
| Forex Pairs (Total) | 96 | 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.
Comparing Exness and LegacyFX on trading platforms and tools, both brokers check key boxes: free demo (paper) accounts, web-based platforms, Windows desktop software, copy trading, and the ability to place trades directly from charts. Each supports MetaTrader 5 (MT5). The differences are notable, though: Exness offers a proprietary platform and supports MetaTrader 4 (MT4), while LegacyFX does not provide an in-house platform and does not support MT4.
For platform quality, ForexBrokers.com rates Exness at 4 stars and ranks it #26 out of 63 brokers for Trading Platforms and Tools. LegacyFX earns 3.5 stars and is ranked #61 out of 63. If you want MT4 and an in-house platform option, Exness is the better fit; if you only need MT5 and standard web/desktop access, LegacyFX covers the basics.
| Feature |
Exness
|
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) | 107 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Exness vs LegacyFX mobile trading apps: both brokers offer iPhone and Android apps and let you set price alerts for forex or stock markets. One limitation they share is that watchlists don’t sync between the mobile app and your online account, so changes made in one place won’t show up in the other.
For charting, Exness includes 35 technical indicators (studies) compared with 30 at LegacyFX. Both apps let you draw trendlines, but only LegacyFX auto-saves your drawings. According to ForexBrokers.com, Exness is rated 4 out of 5 stars and ranks #26 of 63 brokers for Mobile Trading Apps, while LegacyFX is rated 3.5 stars and ranks #62. Choose Exness if you want more built-in studies and a higher-rated app; pick LegacyFX if auto-saving your chart annotations matters more.
| Feature |
Exness
|
LegacyFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 35 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Exness and LegacyFX both deliver daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, and an economic calendar for tracking key events. Each earns 3.5 stars for Research; however, Exness ranks #42 out of 63 brokers for Research at ForexBrokers.com, while LegacyFX ranks #47.
Their toolsets differ. Exness includes Trading Central and a sentiment tool that shows the share of long vs. short positions, but it does not offer Autochartist, TipRanks, or Acuity Trading tools. LegacyFX provides Autochartist, yet does not include Trading Central or a sentiment tool; support for TipRanks and Acuity Trading isn’t specified. If you want Trading Central insights and sentiment data, Exness may fit better. If you prefer pattern recognition and alerts from Autochartist, LegacyFX could be appealing.
| Feature |
Exness
|
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 forex and CFD education at Exness and LegacyFX, both brokers run online client webinars at least once a month and each offers 10 or more beginner trading videos, plus 10 or more advanced videos for experienced traders. These video libraries and regular webinars make it easy to get started and keep learning. It’s not specified in the provided data whether either broker also meets a broader threshold of 10 or more total educational pieces across formats like articles or archived webinars focused on forex/CFDs.
In terms of recognition, both Exness and LegacyFX earn 3.5 out of 5 stars for Education. However, in the Education category ranking from ForexBrokers.com, LegacyFX places 35th out of 63 brokers, while Exness ranks 47th. That suggests LegacyFX has a slight edge overall for education, though both deliver frequent webinars and sizable beginner-friendly video content.
| Feature |
Exness
|
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 Exness is better than LegacyFX. Exness finished with an overall rank of #43, while LegacyFX finished with an overall rank of #63.
Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.
| Feature |
Exness
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LegacyFX
|
|---|---|---|
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| Trust Score | 81 | 67 |
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In an Exness vs LegacyFX comparison, neither online broker supports buying actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading.
In a head-to-head look at deposit and withdrawal methods, Exness does not support ACH/SEPA or PayPal but does offer Skrill and bank wire transfers, while LegacyFX also lacks ACH/SEPA with availability of PayPal, Skrill, Visa/Mastercard, and bank wires not specified.
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 | Exness | LegacyFX | |
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| Trust Score | 81 | 67 | |
| Winner | check_circle | ||
| Review | Exness Review | LegacyFX Review |
| Broker Screenshots | Exness | LegacyFX | |
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| Regulation | Exness | LegacyFX | |
|---|---|---|---|
| Trust Score | 81 | 67 | |
| Year Founded | 2008 | 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 | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Exness | LegacyFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | 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) | Exness | LegacyFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| 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) | Yes |
| Investments | Exness | LegacyFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 209 | 425 | |
| Forex Pairs (Total) | 96 | 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 | Exness | 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 | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Exness | LegacyFX | |
|---|---|---|---|
| Minimum Deposit | $10 | $500 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Exness | 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 | Exness | LegacyFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 107 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Exness | 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 | 35 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Exness | 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 | Exness | LegacyFX | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Exness | LegacyFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Exness Review | LegacyFX Review |
| Overall | Exness | LegacyFX | |
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| Trust Score | 81 | 67 | |
| Winner | check_circle | ||
| Review | Exness Review | LegacyFX Review |
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