Exness vs LegacyFX 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 Exness vs LegacyFX.
Does Exness or LegacyFX 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, Exness
offers better pricing overall for traders.
Is Exness or LegacyFX 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. Both Exness and LegacyFX hold [Variable A] global Tier-1 licenses. Both Exness and LegacyFX hold [Variable A] global Tier-2 licenses.
Which trading platform is better: Exness or LegacyFX?
To compare the trading platforms of both Exness and LegacyFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Exness offers a better experience. With research, Exness offers superior market research. Finally, we found Exness 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.Copy trading is not offered by either broker.
How many forex pairs and CFDs are available to trade?
Exness provides traders 104 currency pairs (e.g., EUR/USD) compared to LegacyFX's 41 available pairs.
Can I trust Exness?
Exness is not publicly traded and does not operate a bank. Exness is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). Exness is authorised by the following tier-1 regulator: Financial Conduct Authority (FCA).
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).
Is Exness good?
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.
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.
Overall winner: Exness
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