Plus500 compared with Legacy FX


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage; 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Risk Warning: LegacyFX offers trading on Foreign Exchange (‘Forex’ or ‘FX’) and Contracts for Difference (‘CFDs’), which are complex financial products that are traded on margin. They carry a high level of risk since leverage can work both to your advantage and disadvantage. As a result, these products may not be suitable for all investors, as loss of all invested capital may occur. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and consider your investment objectives and level of experience. Seek independent advice, if necessary.
Our rating
7.4

7.4

5.9

5.9

User rating
Regulated in
Australia, Cyprus, Israel, Seychelles, Singapore, South Africa, UK Vanuatu
Trading markets
CFDs on Stocks, Commodities, ETFs, Forex, Indices, Options CFDs on Stocks, Commodities, Cryptocurrencies, ETFs, Energies, Forex, Indices, Metals
Maximum leverage
1:30. Leverage can be lower in some parts of the world 1:200
Account currencies
EUR, USD, GBP -
Trading software
Plus500 WebTrader MetaTrader 5
Payment methods
Bank Transfer, Credit/Debit Card, PayPal, Skrill Bank Transfer, Credit/Debit Card, Crypto, Klarna, Neteller, Skrill, iDeal
Starting deposit
100 USD 500 USD