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 | 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.
Exness and LegacyFX both support forex trading through CFDs and/or spot contracts. LegacyFX lists more total tradable instruments (about 425) than Exness (about 227), while Exness offers more forex pairs (96 vs. 44). Both brokers provide copy trading. If you’re interested in crypto, each lets you trade cryptocurrency derivatives (CFDs), but neither allows buying the actual coins.
Neither broker offers direct share dealing on U.S. or international exchanges, so you can’t buy real stocks like Apple or Vodafone through them. For “Range of Investments,” both earn 3.5 out of 5 stars. In ForexBrokers.com’s rankings out of 63 brokers, Exness sits at #56 and LegacyFX at #49, giving LegacyFX a slight edge for overall variety, while Exness stands out for its wider choice of forex pairs.
| Feature |
Exness
|
LegacyFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 227 | 425 |
| Forex Pairs (Total) | 96 | 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.
Exness and LegacyFX both make it easy to get started with a free demo account for simulated trading, plus they support copy trading. Each broker offers a Windows desktop platform and a web-based platform, and both let you place trades directly from charts. Platform choice is where they diverge: Exness provides its own in-house platform alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while LegacyFX skips MT4 and a proprietary platform, offering MT5 only. For charting, Exness lists 87 drawing tools versus 15 at LegacyFX; indicator counts are not specified for either. Watch lists at both brokers include seven fields.
In our Trading Platforms and Tools category, Exness earns 4 stars and ranks 26th out of 63 brokers, while LegacyFX scores 3.5 stars and ranks 61st. If you value MT4 access, an extra proprietary option, and more drawing tools, Exness has the edge. If you’re fine with MT5 and prefer a simpler setup that still includes web, desktop, chart trading, and copy trading, LegacyFX can fit the bill.
| Feature |
Exness
|
LegacyFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | 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) | 107 | 30 |
| Charting - Drawing Tools (Total) | 87 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing the Exness and LegacyFX mobile trading apps shows plenty of overlap with a few key differences. Both brokers offer iPhone and Android apps, real-time quote watchlists, and price alerts. Charting basics are covered on both, including drawing trendlines and switching between intraday, daily, and weekly time frames. Exness includes 35 technical studies versus 30 on LegacyFX, which may appeal if you like more indicators. However, LegacyFX auto-saves chart drawings, while Exness does not. Neither app syncs watchlist symbols with the web platform.
For ratings and rankings, Exness earns 4 stars and is ranked #26 out of 63 for Mobile Trading Apps by ForexBrokers.com, while LegacyFX scores 3.5 stars and ranks #62. If you want a mobile forex trading app with more built-in studies and a stronger overall score, Exness has the edge. If auto-saving your chart annotations matters more, LegacyFX could fit better. Both remain solid for alerts and real-time watchlists on iPhone and Android.
| Feature |
Exness
|
LegacyFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 35 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | 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 | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners between Exness and LegacyFX, both brokers offer a starting point with a minimum of 10 educational materials focused primarily on forex or CFDs. Their offerings include articles, videos, and archived webinars, ensuring newcomers to the trading scene have substantial content to begin their learning journey. While both platforms provide beginner-focused trading videos and a comprehensive investor dictionary, it’s worth noting some differences. LegacyFX stands out with monthly online educational webinars and an extensive library of advanced educational videos aimed at more experienced traders, which Exness lacks.
Both Exness and LegacyFX maintain a searchable archive of past webinars, catering to users who prefer learning at their own pace. In terms of ratings, both brokers share an equal score of 3.5 stars for educational resources according to public evaluations. However, LegacyFX slightly edges ahead in the ranking provided by ForexBrokers.com, securing the 35th spot compared to Exness at 47th among 63 brokers. This may indicate a more favorable reception toward its educational offerings, especially for traders who value advanced video tutorials and live interactions through webinars.
| Feature |
Exness
|
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 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
|
LegacyFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 81 | 67 |
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Both Exness and LegacyFX do not offer the ability to buy actual cryptocurrencies, but they do provide the option to trade in cryptocurrency derivatives.
Both Exness and LegacyFX do not support ACH or SEPA transfers or PayPal for deposits or withdrawals, but they do offer Skrill, Visa or Mastercard, and bank wires as available options for managing account funds.
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/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes |
| Investments | Exness | LegacyFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 227 | 425 | |
| Forex Pairs (Total) | 96 | 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 | Exness | 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 | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Exness | LegacyFX | |
|---|---|---|---|
| Minimum Deposit | $10 | $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 | Exness | LegacyFX | |
|---|---|---|---|
| Proprietary Platform | Yes | 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 | Exness | LegacyFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 107 | 30 | |
| Charting - Drawing Tools (Total) | 87 | 15 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 35 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Exness | LegacyFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Exness | 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 | Exness | 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 | 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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