Written by ForexBrokers.com
In this head to head comparison of FXGT.com 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.
FXGT.com and LegacyFX are both online brokers that offer trading services to users, but there are differences in their regulatory standing and trust ratings. FXGT.com was established in 2019 and holds both a Tier-1 and a Tier-2 license, indicating a mix of highly trusted and trusted regulatory oversight. Its ForexBrokers.com Trust Score is 69, categorizing it as high risk. Despite not being publicly traded or a bank, FXGT.com maintains a slightly stronger regulatory position than some of its competitors.
On the other hand, LegacyFX was founded in 2012 and holds a Tier-1 license, offering high trust in terms of regulatory compliance, although it lacks Tier-2 licenses. With a ForexBrokers.com Trust Score of 67, LegacyFX also falls into the high-risk category. Like FXGT.com, LegacyFX is neither publicly traded nor operates as a bank. When considering these factors, users should weigh the regulatory credentials and trust scores to determine which broker aligns better with their trading needs.
| Feature |
FXGT.com
|
LegacyFX
|
|---|---|---|
| Year Founded | 2019 | 2012 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
FXGT.com and LegacyFX both earn 3.5 out of 5 stars for commissions and fees. In ForexBrokers.com’s rankings, FXGT.com sits at #57 out of 63 brokers, while LegacyFX is close behind at #58. A key takeaway for cost-conscious traders is that neither broker provides average spread data, which makes it harder to estimate typical trading costs.
For FXGT.com, the lack of published average spreads means you can’t easily compare day‑to‑day pricing against peers. Without clear figures on spreads or commission structures, assessing the real cost per trade requires live account testing or careful review of platform quotes during your trading hours.
LegacyFX’s pricing also lacks average spread data, and fees can vary by the entity you use. In the EU (CySEC-regulated), there are three accounts—Silver ($500 minimum), Gold ($5,000), and Platinum ($25,000). Costs are highest on Silver, where the minimum spread on EUR/USD can be as high as 1.6 pips, and lower on Gold and Platinum. Internationally (Vanuatu), LegacyFX offers seven tiers from Standard ($500) up to VIP ($50,000), with account level affecting access to support and tools as well as advertised spreads.
| Feature |
FXGT.com
|
LegacyFX
|
|---|---|---|
| Minimum Deposit | $5 | $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 | Yes | No |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
FXGT.com vs LegacyFX for range of investments: both support forex trading via CFDs or spot contracts. LegacyFX offers a wider overall selection with 425 tradeable symbols, compared with 117 at FXGT.com. However, FXGT.com lists more forex pairs (53) than LegacyFX (44). Neither broker offers real exchange-traded shares on U.S. or international markets. Both provide copy trading. For crypto, neither sells actual coins, but both offer cryptocurrency CFDs.
Looking at independent ratings for Range of Investments, LegacyFX earns 3.5/5 stars and ranks 49th out of 63 brokers, while FXGT.com earns 3/5 stars and ranks 62nd. In short, pick LegacyFX if you want a broader set of instruments, and consider FXGT.com if having more currency pairs matters most; for real stocks and delivered crypto, neither broker fits the bill.
| Feature |
FXGT.com
|
LegacyFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 117 | 425 |
| Forex Pairs (Total) | 53 | 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.
FXGT.com and LegacyFX both make it easy to get started with a free demo (paper) account, and each provides a Windows desktop download and a web-based trading platform. Neither broker offers its own in-house platform; both rely on MetaTrader. They each support MetaTrader 5 (MT5), copy trading, and trading directly from charts. A key difference is MT4: FXGT.com offers MetaTrader 4 (MT4), while LegacyFX does not. The exact counts for built-in chart indicators and watchlist fields were not specified.
For trading platforms and tools, ForexBrokers.com rates FXGT.com at 4 stars (ranked 57 of 63) and LegacyFX at 3.5 stars (ranked 61 of 63). If you want MT4 alongside MT5, FXGT.com is the clear pick; if you only need MT5 with web and desktop access plus copy trading and a demo account, both brokers cover those needs.
| Feature |
FXGT.com
|
LegacyFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | 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) | 37 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FXGT.com and LegacyFX both offer iPhone and Android mobile trading apps. Each app supports price alerts and comes with charting tools that include 30 technical studies. You can draw trendlines on charts, and your drawings auto-save, making it easy to pick up where you left off. For most day-to-day needs—checking markets, setting alerts, and analyzing charts—both apps cover similar ground.
The key difference is watchlist syncing: FXGT.com syncs watchlists between the mobile app and your online account, while LegacyFX does not. Both earn 3.5 stars for Mobile Trading Apps, but ForexBrokers.com ranks FXGT.com slightly higher (#59 out of 63 brokers) than LegacyFX (#62 out of 63). If seamless watchlists across devices matter to you, FXGT.com has the edge; otherwise, the two mobile experiences are largely comparable.
| Feature |
FXGT.com
|
LegacyFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research at FXGT.com and LegacyFX shows clear differences. LegacyFX provides daily market commentary and streams forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones. It also includes Autochartist tools for technical or fundamental analysis. FXGT.com does not offer these, and neither broker lists Trading Central tools. FXGT.com stands out with a sentiment-based trading tool that shows long/short positioning, which LegacyFX does not provide. Both brokers offer an economic calendar. Details about TipRanks integrations are not specified for either broker, and FXGT.com does not list tools from Acuity Trading; LegacyFX’s Acuity access is not specified.
On overall research quality, LegacyFX earns 3.5 out of 5 stars and ranks #47 of 63 brokers at ForexBrokers.com, while FXGT.com scores 3 stars and ranks #57. In short, LegacyFX is the better pick if you want daily commentary, news, and Autochartist; FXGT.com suits traders who value a built-in sentiment gauge alongside a standard economic calendar.
| Feature |
FXGT.com
|
LegacyFX
|
|---|---|---|
| Daily Market Commentary (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | ||
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing forex and CFD education, LegacyFX offers a more complete path. It hosts ongoing client webinars (at least one per month) and provides at least 10 beginner videos along with at least 10 advanced videos, giving newcomers step‑by‑step guidance from fundamentals to more complex topics. That depth is reflected in its Education rating of 3.5 stars and a #35 ranking out of 63 brokers by ForexBrokers.com.
FXGT.com delivers a smaller set of learning resources for new traders. It does not run monthly educational webinars and has fewer than 10 beginner and 10 advanced videos, which can make structured self-study harder for first‑timers. FXGT.com holds a 3‑star Education rating and ranks #61 out of 63. If you want plenty of videos and live sessions to build confidence, LegacyFX is likely the easier starting point; if you only need basic guidance, FXGT.com may still meet your needs.
| Feature |
FXGT.com
|
LegacyFX
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FXGT.com is better than LegacyFX. FXGT.com finished with an overall rank of #59, while LegacyFX finished with an overall rank of #63.
FXGT.com is a plain vanilla MetaTrader-only broker offering a narrow range of markets alongside a decent number of crypto CFDs and platform plugins. This broker lacks robust market research and educational resources beyond a few ebooks and some basic sentiment data. FXGT.com’s small number of regulatory licenses brings down its overall Trust Score. It’s also worth noting that, though FXGT.com is regulated in the EU, retail clients are not accepted in that region.
| Feature |
FXGT.com
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LegacyFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 69 | 67 |
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In a head-to-head comparison of online brokers FXGT.com vs LegacyFX for cryptocurrency trading, neither broker offers buying actual (delivered) crypto, but both provide access to cryptocurrency CFDs.
In the FXGT.com vs LegacyFX comparison, FXGT.com supports ACH and SEPA transfers for deposits and withdrawals, whereas LegacyFX does not, and information about PayPal, Skrill, Visa/Mastercard, and bank wire options was not provided.
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 | FXGT.com | LegacyFX | |
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| Trust Score | 69 | 67 | |
| Winner | check_circle | ||
| Review | LegacyFX Review |
| Broker Screenshots | FXGT.com | LegacyFX | |
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| Regulation | FXGT.com | LegacyFX | |
|---|---|---|---|
| Trust Score | 69 | 67 | |
| Year Founded | 2019 | 2012 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FXGT.com | LegacyFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| Canada (CIRO Authorised) | No | ||
| Hong Kong (SFC Authorised) | No | ||
| Japan (SFC Authorised) | No | ||
| Singapore (MAS Authorised) | No | ||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | ||
| USA (CFTC Authorized) | No | ||
| New Zealand (FMA Authorised) | No | ||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FXGT.com | LegacyFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | FXGT.com | LegacyFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 117 | 425 | |
| Forex Pairs (Total) | 53 | 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 | FXGT.com | 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 | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FXGT.com | LegacyFX | |
|---|---|---|---|
| Minimum Deposit | $5 | $500 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | FXGT.com | LegacyFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | 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 | FXGT.com | LegacyFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 37 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FXGT.com | LegacyFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FXGT.com | LegacyFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | |||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FXGT.com | LegacyFX | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | FXGT.com | LegacyFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | LegacyFX Review |
| Overall | FXGT.com | LegacyFX | |
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| Trust Score | 69 | 67 | |
| Winner | check_circle | ||
| Review | LegacyFX Review |
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