Forex4you vs LegacyFX Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Forex4you vs LegacyFX.
Does Forex4you 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, Forex4you offers better pricing overall for traders.
Is Forex4you 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. LegacyFX holds 1 global Tier-1 licenses, while Forex4you holds 0. Both Forex4you and LegacyFX hold 0 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, LegacyFX (67) earned a higher Trust Score than Forex4you (61).
Which trading platform is better: Forex4you or LegacyFX?
To compare the trading platforms of both Forex4you and LegacyFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Forex4you offers a better experience. With research, LegacyFX offers superior market research. Finally, we found Forex4you 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.Forex4you and LegacyFX both offer copy trading.
How many forex pairs and CFDs are available to trade?
LegacyFX provides traders 44 currency pairs (e.g., EUR/USD) compared to Forex4you's 43 available pairs. Forex pairs aside, LegacyFX offers traders access to 425 CFDs while Forex4you has 150 available CFDs, a difference of 275.
Can I trust Forex4you?
Forex4you is not a publicly traded company and does not operate a bank. Forex4you is authorised by zero Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk).
Can I trust LegacyFX?
LegacyFX is not publicly traded and does not operate a bank. LegacyFX is authorised by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). LegacyFX is authorised by the following tier-1 regulators: European Union Authorized (MiFID).
Is Forex4you good?
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: Forex4you
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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.