LegacyFX — where it wins, where it loses
LegacyFX does not currently take a column outright against this field. It loses on tier-1 cover, published spread. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
No column where LegacyFX takes the field outright.
Loses on
- tier-1 cover
- published spread
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| CySEC | 344/17 | Cyprus | Tier 2 | Foris Capital CY Ltd (ex A.N. Allnew Investments Ltd) | cysec.gov.cy |
Checkable
Facts the comparison runs on
On the record
- The CySEC register lists licence 344/17 (licence date 27/11/2017, company registration 348194) under the name 'Foris Capital CY Ltd (ex A.N. Allnew Investments Ltd)' at 47 Ioanni Kondylaki Street, Q Tower, Larnaca.
- The register entry's approved trade name is 'Crypto.com', the approved domain is crypto.com/eea/financialservices and the compliance contact is compliance.cy@crypto.com.
- Finance Magnates reported (syndicated via TradingView, 2025) that Crypto.com acquired the CySEC-licensed firm behind the LegacyFX brand to secure a MiFID licence.
- The legacyfx.com domain returned an HTTP 522 (origin connection timed out) when checked on 2026-09-02.
| Trading since | not verified |
|---|---|
| Base | 47 Ioanni Kondylaki Street, Q Tower, CY 6042, Larnaca, Cyprus |
| Minimum to open | not verified |
| Leverage cap | |
| EUR/USD | not verified |
| Terminals | |
| Account tiers | |
| Markets | not verified |
| Record confidence | low |
| Matchup-ready | no — too many gaps to run a fair head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- founded year not verified — directories claim 2004 or 2012; no primary source seen
- minDeposit, maxLeverage, spreadEurusd, platforms, accountTypes and instruments not verifiable — legacyfx.com was down (HTTP 522) at check and directory figures are not primary
- segregatedFunds and negativeBalanceProtection not verified — no accessible own legal text
- VFSC licence 14579 and Minsk registration 193180778 are directory/fxnewsgroup claims only — no primary register check succeeded
- current CySEC licence status not verified against a dated status statement; the register lists the entity under its new name with the Crypto.com trade name
Costs less
Who beats LegacyFX on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.