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LegacyFX vs Spec Markets

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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LegacyFX Forex
24/100 risk
🇨🇾 Cyprus
Read review →
Spec Markets Forex
30/100 risk
🇨🇾 Cyprus
Read review →
Safety & Trust
Scam-risk score lower = safer
24
30
Verdict
Low risk
Guarded
Regulated
Yes
Yes
Licenses
2
2
Tier-1 regulators
1
1
Trustpilot score
2.4
4.5
Reviews collected
731
41
Exit risk lower = safer
Known clones
3
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$500
$50
Max leverage
1:1000
Min spread (best acct)
from 0
Commission
$0
Cost grade
Account types
7
3
Best for
Suits
Traders who value educational resources and signal services, Those who prefer a regulated broker with a long track record, Traders comfortable with higher minimum deposits for premium account tiers
Beginners seeking fast KYC and simple trading, Scalpers and day traders wanting low spreads and quick execution, Traders who prefer cryptocurrency funding (USDT)
Not for
Traders who rely on account manager advice for trading decisions, Those seeking transparent fee structures and clear withdrawal processes, Risk-averse investors concerned about reported scam allegations
Traders who rely heavily on promotions and bonuses, Those requiring phone or live chat support around the clock
Products & Funding
Instruments
--
--
Deposit methods
--
USDT, VISA, MASTER
Withdrawal
--
USDT, VISA, MASTER
Execution
Speed
Slippage
Swap cost
Company
Founded
2017-12-29
2025-06-30
Headquarters
🇨🇾 Cyprus
🇨🇾 Cyprus
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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