LegacyFX Vs Pepperstone

How LegacyFX and Pepperstone Compare in 2024

LegacyFX or Pepperstone who is better?

Compare LEGACYFX Versus PEPPERSTONE and IC Markets broker accounts.


Compare LegacyFX Vs Pepperstone Side by Side

So you are looking for a broker, LegacyFX or Pepperstone who should you choose?

When trading on financial markets you will want to know all about who LegacyFX or Pepperstone are, and how they compare. You will naturally want to know how long LegacyFX and Pepperstone have been in business and what reputation LegacyFX and Pepperstone have. On top of this, you will need to discover if LegacyFX and Pepperstone match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how LegacyFX and Pepperstone compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of LegacyFX and Pepperstone side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing LegacyFX and Pepperstone. By comprehensively comparing LegacyFX and Pepperstone features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with LegacyFX, Pepperstone or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on LegacyFX and Pepperstone. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the LegacyFX platform or Pepperstone that they are regulated. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


LegacyFX

(1/5)
Benefits of LegacyFX?
  • Established in 2012
  • LegacyFX have been in business for 12 years.
  • Head quarters in Cyprus.
  • Live Chat
  • Segregates clients funds
  • LegacyFX Min deposit $500
LegacyFX screenshot legacyfx sign up here
Your capital is at risk
Reputation Support
Good
Good

LegacyFX Regulation

LegacyFX is regulated by the Vanuatu Financial Services Commission (VFSC) license number 14579.

Excluded Countries

US, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX

LegacyFX Fees

Deposit fee No
Commission Yes
Inactivity fee No
Withdrawal fee varies
Min trade varies
Max trade varies
Min deposit $500
View all spreads
& fees here
Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all LegacyFX
funding options here
Your capital is at risk

LegacyFX Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

LegacyFX Platforms

MT5, Desktop platform, Web platform, Tablet & Mobile apps

LegacyFX Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

See LegacyFX
features here
Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See LegacyFX
instruments here
Your capital is at risk

LegacyFX Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the LegacyFX website. Our records were last updated on .

Visit LegacyFX today
Your capital is at risk

Pepperstone

(4/5)
Benefits of Pepperstone?
  • Established in 2010
  • Pepperstone have been in business for 14 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • Pepperstone Min deposit $200
Pepperstone screenshot Pepperstone sign up here
75-95 % of retail investor accounts lose money when trading CFDs
Reputation Support
Good
Great

Pepperstone Regulation

Pepperstone is regulated by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 .

Excluded Countries

AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET

Pepperstone Fees

Deposit fee No
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
75-95 % of retail investor accounts lose money when trading CFDs

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all Pepperstone
funding options here
75-95 % of retail investor accounts lose money when trading CFDs

Pepperstone Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

Pepperstone Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Pepperstone Languages

English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic

See Pepperstone
features here
75-95 % of retail investor accounts lose money when trading CFDs

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See Pepperstone
instruments here
75-95 % of retail investor accounts lose money when trading CFDs

Pepperstone Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the Pepperstone website. Our records were last updated on .

Visit Pepperstone today
75-95 % of retail investor accounts lose money when trading CFDs

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 17 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IC Markets
instruments here
Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

LegacyFX Vs Pepperstone Table of Contents

LegacyFX and Pepperstone in Detail

LegacyFX Review Screenshot

The LegacyFX online trading platform gives traders from all over the world access to over 200 financial instruments including over 1,200 available instruments. There are over 1,000+ registered customers that have taken advantage of the LegacyFX platform.

LegacyFX are regulated by Vanuatu Financial Services Commission (VFSC) license number 14579.

LegacyFX Review Screenshot

Pepperstone is a renowned Australia financial trading brokerage established in 2010.

Pepperstone serves customers globally and are regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 . Depending on the country you are trading from LegacyFX may serve you from a different business entity to comply with its financial regulators.

Pepperstone is not listed on any stock market, does not disclose its yearly report on its website. This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Financial regulation is the most important thing to consider. LegacyFX is listed as a publically traded company so are a reputable broker.

Pepperstone is a popular well known financial trading platform serving over 400,000 customers.

Benefits of LegacyFX and Pepperstone Compared

Below, we will give you a summary of the benefits LegacyFX and Pepperstone offer side by side.

LegacyFX offers a minimum deposit of 500 while Pepperstone have a 200 minimum deposit.

Why smaller trading deposits are good and how LegacyFX and Pepperstone compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either LegacyFX or Pepperstone. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. LegacyFX requires a minimum deposit of 500, whereas Pepperstone mandates a minimum deposit of 200. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's LegacyFX or Pepperstone, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

LegacyFX allows traders to trade up to 200 financial instruments while Pepperstone have around 1,200 on their trading platform.

The more instruments available on LegacyFX and Pepperstone trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of LegacyFX or Pepperstone.

The LegacyFX trading platform has 60 stocks listed while Pepperstone has 1,100 stocks listed.

LegacyFX allows retail traders to trade the following assets Forex trading, CFD Commodities Trading, CFD Indices trading, CFD Stocks Trading, Cryptocurrency trading, CFD Trading on the LegacyFX MT5, Desktop platform, Web platform, Tablet & Mobile apps trading platforms.

Alternatively Pepperstone allows retail traders to trade Forex, CFDs, Social Trading on the Pepperstone MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps trading platforms.

Compare LegacyFX and Pepperstone in more detail below.

Drawbacks of LegacyFX and Pepperstone Compared

Below we compare what drawbacks LegacyFX and Pepperstone have side by side.

Various potential downsides can be associated with certain brokers, including LegacyFX and Pepperstone. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by LegacyFX compared to Pepperstone. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of LegacyFX versus Pepperstone.

Broker legacyfx Pepperstone IC Markets
Inactivity Fees No No No
Withdrawl Fees varies No No
Withdrawal Processing Time Varies Varies Varies
Min Deposit 500 200 200
Social Trading No Yes Yes
Excluded Countries US, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET US, IR, CA, NZ, JP

LegacyFX Vs Pepperstone Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with LegacyFX or Pepperstone. A diversified portfolio with LegacyFX or Pepperstone can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like LegacyFX or Pepperstone, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as LegacyFX and Pepperstone.

Broker legacyfx Pepperstone IC Markets
Instruments Available 200 1200 2250
Offers share dealing Yes No Yes
Number of Shares 60 1,100 2,100
Offers US Stocks Yes Yes Yes
Offers UK Stocks No Yes Yes
Offers German Stocks No Yes Yes
Offers Japanese Stocks No Yes Yes
Offers Indices Trading Yes Yes Yes
Number of Commodities 0 16 20
Offers Metals Commodities Yes Yes Yes
Offers Energy Commodities Yes Yes Yes
Offers Agricultural Commodities Yes Yes Yes
Offers Forex Trading Yes Yes Yes
Number of Forex Pairs 60 70 61
Offers Major Forex Pairs Yes Yes Yes
Offers Minor Forex Pairs Yes Yes Yes
Offers Exotic Forex Pairs Yes Yes Yes
Offers CFD Trading Yes Yes Yes
Offers Social Trading No Yes Yes

LegacyFX Vs Pepperstone Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both LegacyFX and Pepperstone, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both LegacyFX and Pepperstone offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with LegacyFX or Pepperstone is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with LegacyFX or Pepperstone could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on LegacyFX, Pepperstone, and all brokers are subject to regulation.

We compare LegacyFX vs Pepperstone Crypto options below side by side.

Broker legacyfx Pepperstone IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) Yes Yes Yes
Cryptocurrencies Offered BTC, LTC, ETH, XRP Bitcoin, BitcoinCash, Dash, Ethereum, Litecoin, UNIUSD, DOGEUSD, ADAUSD, BNBUSD, ETHBTC, XAUBTC, BOTUSD, LINKUSD, XMUSD, XRPUSD, DOTUSD, LINKUSD, XMLUSD, Crypto10, Crypto20, Crypto30 BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

LegacyFX Vs Pepperstone Commission and Fees

knowing your trading and commission fees with LegacyFX vs Pepperstone is extremely important. For the majority of the LegacyFX 200 financial instruments and Pepperstone 1,200 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with LegacyFX and Pepperstone. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with LegacyFX and Pepperstone before you invest because you must know what you are paying.

You ideally want to choose a broker like LegacyFX or Pepperstone that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with LegacyFX or Pepperstone. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential LegacyFX and Pepperstone fees, of course. Make sure you do your research and check the commission and fees with both LegacyFX and Pepperstone before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with LegacyFX or Pepperstone be aware of or 3rd party payment provider fees and currency conversion fees.

LegacyFX and Pepperstone do not charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant LegacyFX and Pepperstone accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your LegacyFX or Pepperstone account, or choose to close it.

Usually, the associated fees for dormant LegacyFX or Pepperstone accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live LegacyFX or Pepperstone trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like LegacyFX or Pepperstone you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay LegacyFX or Pepperstone nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.

Let's see how LegacyFX vs Pepperstone compare side by side for commissions and fees.

Broker legacyfx Pepperstone IC Markets
Min Deposit 500 200 200
Inactivity Fees No No No
Withdrawal Fees varies No No
Deposit Fees No No Varies

LegacyFX Vs Pepperstone Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the LegacyFX and Pepperstone platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an LegacyFX or Pepperstone demo account.

Broker legacyfx Pepperstone IC Markets
Offers MT4 No Yes Yes
Offers MT5 Yes Yes Yes
Offers cTrader Yes Yes Yes

LegacyFX Vs Pepperstone Mobile Trading

Trading on your mobile with LegacyFX and Pepperstone can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and LegacyFX and Pepperstone mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with LegacyFX or Pepperstone. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with LegacyFX or Pepperstone can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with LegacyFX or Pepperstone is essential. Likewise, if you have an android phone, it's crucial to verify if LegacyFX or Pepperstone broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if LegacyFX and Pepperstone have trading apps compatible with your device.

Broker legacyfx Pepperstone IC Markets
Web Platform Yes Yes Yes
IOS Trading App Yes Yes
Android Trading App Yes Yes
Microsoft Trading App Yes Yes

LegacyFX Vs Pepperstone Trading Account Types Offered

LegacyFX Vs Pepperstone Demo Account

A demo account with LegacyFX or Pepperstone is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an LegacyFX and Pepperstone demo account.

LegacyFX Vs Pepperstone Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if LegacyFX or Pepperstone offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

LegacyFX and Pepperstone do not offer Micro accounts.

LegacyFX Vs Pepperstone Standard Account

A standard account is available on LegacyFX and Pepperstone to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both LegacyFX and Pepperstone do offer clients Standard accounts.

LegacyFX Vs Pepperstone MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with LegacyFX or Pepperstone or alternative.

LegacyFX does not offer clients MAM accounts, while Pepperstone does offer clients MAM accounts.

LegacyFX Vs Pepperstone ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with LegacyFX or Pepperstone or alternative.

LegacyFX does not offer clients ECN accounts, while Pepperstone does offer clients ECN accounts.

LegacyFX Vs Pepperstone Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with LegacyFX or Pepperstone or alternative.

Both LegacyFX and Pepperstone do offer clients Islamic accounts.

LegacyFX Vs Pepperstone STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with LegacyFX or Pepperstone or alternative.

Both LegacyFX and Pepperstone offer clients STP accounts.

LegacyFX Vs Pepperstone Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

LegacyFX and Pepperstone do not offer clients Managed accounts.

Broker legacyfx Pepperstone IC Markets
Offers Demo Accounts Yes Yes Yes
Offers Micro Accounts No No No
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts No Yes Yes
Offers ECN Accounts No Yes No
Offers Islamic Accounts Yes Yes Yes
Offers STP Accounts Yes Yes No
Offers Managed Accounts No No No

LegacyFX Vs Pepperstone Withdrawal and Funding Methods

LegacyFX and Pepperstone have multiple deposit and withdrawal options. Funding and withdrawing from your LegacyFX and Pepperstone accounts to your chosen payment method should be straightforward. Lets see how LegacyFX and Pepperstone compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from LegacyFX or Pepperstone.

Broker legacyfx Pepperstone IC Markets
Payment Methods Bank Wire transfer, Debit cards, Visa, MasterCard, Neteller, Skrill, Cryptocurrency, Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, BPAY, POLi, UnionPay, MPESA, Skrill, Crypto, Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

LegacyFX Vs Pepperstone Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of LegacyFX or Pepperstone support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the LegacyFX and Pepperstone support is always available when needed. LegacyFX and Pepperstone customer support is not just useful. broker customer support is crucial to your trading success!

LegacyFX Vs Pepperstone Live Chat

Live chat is important for several reasons. When you encounter a problem with LegacyFX or Pepperstone trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Both LegacyFX and Pepperstone offer livechat support.

LegacyFX Vs Pepperstone Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either LegacyFX or Pepperstone you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the LegacyFX or Pepperstone support team to answer satisfactorily. Email support with LegacyFX and Pepperstone will be needed.

Both LegacyFX and Pepperstone offer email support.

LegacyFX Vs Pepperstone Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either LegacyFX or Pepperstone. We can get straight to the point, saving us time and frustration.

Both LegacyFX and Pepperstone offer phone support.

Lets see how LegacyFX and Pepperstone customer support compare side by side.

Broker legacyfx Pepperstone IC Markets
Offers Live Chat Yes Yes Yes
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected] [email protected]
Phone +41 315 087455 61 3 9020 0155 No

LegacyFX Vs Pepperstone Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether LegacyFX and Pepperstone are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that LegacyFX or Pepperstone have these in place, please be extremely cautious before you proceed with them.

We compare LegacyFX Vs Pepperstone financial regulation and licensing side by side below.

Broker legacyfx Pepperstone IC Markets
FCA Regulation No Yes No
CySEC Regulation No Yes Yes
MiFID Regulation No No No
ASIC Regulation No Yes Yes
FSCA Regulation No No No
DFSA Regulation No Yes No
MAS Regulation No Yes No

LegacyFX Vs Pepperstone Risk Management Features

When trading with either LegacyFX or Pepperstone you will want to understand and make full use of all the risk management features on your LegacyFX or Pepperstone trading platforms.

We compare side by side the trading risk management features offered by LegacyFX and Pepperstone below.

LegacyFX Vs Pepperstone Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

LegacyFX does not offer clients hedging, while Pepperstone does not offer clients hedging.

LegacyFX Vs Pepperstone Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both LegacyFX and Pepperstone do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on LegacyFX or Pepperstone. You must still monitor any live trades and your financial exposure and financial risk.

LegacyFX Vs Pepperstone Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both LegacyFX and Pepperstone do offer clients limit orders.

LegacyFX Vs Pepperstone Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

LegacyFX does not offer clients negative balance protection, while Pepperstone does offer clients negative balance protection.

Broker legacyfx Pepperstone IC Markets
Offers Hedging No Yes Yes
Negative Balance Protection No Yes Yes
Guaranteed Stop Loss No No No
Offers Limit Orders Yes Yes
Offers Trailing Stops Yes Yes

LegacyFX Vs Pepperstone Verdict

We hope this LegacyFX Vs Pepperstone guide has helped you decide who is best to trade with out of LegacyFX and Pepperstone.

When choosing a broker like LegacyFX or Pepperstone for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with LegacyFX or Pepperstone are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as LegacyFX or Pepperstone, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with LegacyFX or Pepperstone.

Also, before you sign up with online brokers like LegacyFX or Pepperstone, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with LegacyFX or Pepperstone before investing money into something.

Beware of the risks that come with trading with LegacyFX or Pepperstone. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all LegacyFX and Pepperstone educational resources and financial research tools. If you are new to trading, sign up for a demo account with LegacyFX and Pepperstone to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using LegacyFX or Pepperstone will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if LegacyFX and Pepperstone fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with LegacyFX or Pepperstone if your investment strategy is more long-term.

LegacyFX and Pepperstone Alternatives

If LegacyFX and Pepperstone are not what you are not quite what you are looking for we list some of the best LegacyFX and Pepperstone alternatives below.

Other LegacyFX and Pepperstone Vs Comparisons

If you are still looking for an alternative to LegacyFX and Pepperstone and want to see how LegacyFX or Pepperstone compares Vs other brokers check out the LegacyFX Vs and Pepperstone Vs list below.

LegacyFX Vs Alternatives

Still not happy have a look at some of our alternative LegacyFX Vs side by side comparisons below

Pepperstone Vs Alternatives

Still not happy have a look at some of our alternative LegacyFX Vs side by side comparisons below

LegacyFX Vs Pepperstone Frequently Asked Questions

We answer some of the most frequently asked LegacyFX Vs Pepperstone questions below.

Is LegacyFX any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is LegacyFX legit? - LegacyFX are regulated by Vanuatu Financial Services Commission (VFSC) license number 14579 and have been in business since 2012

Is Pepperstone any Good?

Pepperstone are regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 and have been in business since 2010.

Which is better LegacyFX or Pepperstone?

LegacyFX does not have a high rating, while Pepperstone does not have a high rating.

Is LegacyFX a con?

LegacyFX is regulated by Vanuatu Financial Services Commission (VFSC) license number 14579 and have been in business since 2012. We recommend looking at a LegacyFX alternative that has more financial regulation.

Is Pepperstone a con?

Pepperstone is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 and have been in business since 2010. Pepperstone is most definitely not a con as they are regulated by major financial regulators.

What happens if LegacyFX or Pepperstone go bust?

LegacyFX and Pepperstone are regulated, which means that as part of their regulatory obligations LegacyFX and Pepperstone have to offer a certain level of financial protection to their clients. LegacyFX and Pepperstone should by law keep client funds separate from LegacyFX and Pepperstone funds. If either LegacyFX or Pepperstone goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the LegacyFX and Pepperstone websites and regulators.

Are LegacyFX or Pepperstone good for beginners?

LegacyFX and Pepperstone offer low deposits and access to a selection of market insights and news resources. Both LegacyFX and Pepperstone offer demo accounts. Demo trading accounts are a big plus for LegacyFX and Pepperstone as it shows they are interested in their customers.


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