FAB Securities
LegacyFX
FAB Securities vs LegacyFX
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FAB Securities and LegacyFX are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FAB Securities, founded in 1985 and headquartered in Abu Dhabi, UAE, is regulated by SCA and offers spreads starting from 1.5 pips with a minimum deposit of $2000. LegacyFX, established in 2017 in Limassol, Cyprus, holds licenses from CySEC with spreads from 0.8 pips and a $500 minimum deposit. In our hands-on testing across 8 scoring categories, FAB Securities scored 7.1/10 overall compared to LegacyFX's 7.1/10, making it the stronger pick for most traders. That said, LegacyFX holds its own with lower trading costs, so your ideal broker depends on what you prioritize in a trading partner.
Trust stack
Trust stack for this head-to-head
This comparison uses the same review dataset, methodology, disclosure, and corrections standards as the rest of TBR money pages. Head-to-head verdicts still need an entity-level regulation check before signup.
Risk layer
Risk & regulation snapshot for FAB Securities
Regulation
Third-partySCA · brand-level entity model
Leverage / exposure
Broker-stated1:10 (tighter leverage ceiling)
Trust read
VerifiedTier 2 trust profile
Regulation status
Third-partyNo obvious tier-1 regulator is visible in the shared broker dataset, so the regulation read is weaker and more conditional.
Entity nuance
Third-partyFAB Securities shows 1 regulator in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.
Investor protection
UnknownThe dataset does not yet pin clean investor-protection details for the exact entity you may onboard with, so treat brand-level regulation as a starting signal, not a final safety guarantee.
Verification state
VerifiedVerification state: brand-level regulator mapping is in place, but the exact contracting entity is still inferred rather than fully pinned in the canonical dataset.
High-risk warning
Broker-statedThe leverage ceiling is comparatively tighter, but CFDs and leveraged forex still carry real loss risk.
Risk layer
Risk & regulation snapshot for LegacyFX
Regulation
Third-partyCySEC · brand-level entity model
Leverage / exposure
Broker-stated1:30 (tighter leverage ceiling)
Trust read
VerifiedTier 1 trust profile
Regulation status
Third-partyCySEC gives this broker a cleaner top-tier regulation read than the average CFD brand.
Entity nuance
Third-partyLegacyFX shows 1 regulator in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.
Investor protection
UnknownTop-tier regulation helps on paper, but the canonical dataset still does not lock the exact compensation scheme or client-money safeguards for every onboarding entity.
Verification state
VerifiedVerification state: brand-level regulator mapping is in place, but the exact contracting entity is still inferred rather than fully pinned in the canonical dataset.
High-risk warning
Broker-statedThe leverage ceiling is comparatively tighter, but CFDs and leveraged forex still carry real loss risk.
Evidence labels
How to read the evidence in FAB Securities vs LegacyFX
Comparison pages mix our own review work with broker-published facts and outside records. The labels make that visible instead of flattening everything into one fake confidence level.
Overall verdict and score differences
VerifiedThese come from our review methodology and the underlying hands-on review dataset used for scoring.
Spreads, minimum deposits, leverage, and platform lists
Broker-statedThese are usually published broker facts unless a review explicitly documents a direct test.
Regulation and entity background
Third-partyThose checks rely on regulator registers and other external records, not just broker marketing copy.
Cells the source reviews do not support cleanly
UnknownIf the underlying evidence is thin or conflicted, the safe answer is to keep the gap visible.
We confirmed the claim directly through hands-on testing or against a primary record we checked ourselves.
Use for live-account tests, observed pricing, completed withdrawals, or direct checks against primary regulatory/company records.
The claim comes from the broker or its own documentation, but we have not independently verified every part of it yet.
Use for published spreads, fee pages, support claims, payment-method availability, or policy text that still needs a direct check.
The claim is supported by an external source that is not the broker and not our own test, such as a regulator, platform provider, or public register.
Use for regulator registers, app-store listings, platform documentation, or other independent records outside the broker site.
We do not have enough reliable evidence to make the claim safely, so we leave the gap visible instead of guessing.
Use when data is missing, conflicting, stale, unsupported, or only implied by adjacent facts.
Key Differences at a Glance
- 📊
FAB Securities scores 7.1/10 overall vs 7.1/10 for LegacyFX — a 0.0-point difference.
- 💵
LegacyFX requires just $500 to start, while FAB Securities needs $2000 — LegacyFX is 4x more accessible.
- 🛡️
LegacyFX holds Tier 1 regulation (CySEC) offering stronger investor protection than FAB Securities's Tier 2 status.
- 📈
FAB Securities offers 800+ instruments vs 200+ at LegacyFX — a massive gap in market coverage.
- 🖥️
FAB Securities runs on FAB Trading Platform, Mobile App, while LegacyFX uses MT5 — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Trading Costs: LegacyFX scores 7.0 vs 5.5 for FAB Securities — a 1.5-point difference.
Our Verdict
FAB Securities
Score: 7.1/10 · Wins 5 categories- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
- You want access to a wider range of instruments
- Fast and flexible deposits & withdrawals are important
LegacyFX
Score: 7.1/10 · Wins 1 categories- You want lower spreads and trading fees
- You prefer a low minimum deposit ($500)
- You prefer LegacyFX's trading environment overall
FAB Securities takes the lead with an overall score of 7.1/10 compared to 7.1/10, winning in 5 out of 8 scoring categories. FAB Securities stands out for stronger regulation and better customer support, while LegacyFX fights back with lower trading costs.
Broker recommendation block
If you only shortlist two names after this comparison, make it FAB Securities first and LegacyFX second
FAB Securities is the stronger default pick on the numbers here, but LegacyFX still makes sense if its edge lines up with how you actually trade.
FAB Securities
🔵 Tier 2 RegulatedSCA
FAB Securities wins this matchup on overall score, especially for stronger regulation and better customer support.
Overall score
7.1/10
Minimum deposit
$2000
LegacyFX
🟢 Tier 1 RegulatedCySEC
LegacyFX is still worth a second tab open if you care more about lower trading costs.
Overall score
7.1/10
Minimum deposit
$500
Detailed Verdict
After testing both brokers with real accounts, FAB Securities comes out ahead with a 7.1/10 overall rating, winning 5 out of 8 categories. Its strongest area is Regulation & Trust where it scores 8.5/10. FAB Securities holds Tier 2 regulation, which provides solid regulatory oversight and fund protection. LegacyFX is not without merit — it scores 7.1/10 overall and excels in Regulation & Trust (7.5/10), winning 1 category. Traders who value lower trading costs may find LegacyFX the better fit. For a complete breakdown, read our full FAB Securities review and LegacyFX review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
LegacyFX wins by 1.5 points
FAB Securities wins by 1.0 points
FAB Securities wins by 0.5 points
FAB Securities wins by 1.5 points
FAB Securities wins by 0.5 points
FAB Securities wins by 1.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.1/10 ✓ | 7.1/10 ✓ |
| Min Deposit Lower is better | $2000 | $500 ✓ |
| Max Leverage | 1:10 | 1:30 |
| Spreads From | 1.5 pips | 0.8 pips |
| Platforms | FAB Trading Platform, Mobile App | MT5 |
| Regulation | SCA | CySEC |
| Founded Older track record highlighted | 1985 ✓ | 2017 |
| Markets | 800+ ✓ | 200+ |
Fees & Costs
When it comes to trading costs, LegacyFX has the edge with a score of 7/10 versus 5.5/10 for FAB Securities. FAB Securities offers spreads starting from 1.5 pips, while LegacyFX starts from 0.8 pips. The minimum deposit at FAB Securities is $2000, compared to $500 at LegacyFX. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
FAB Securities scores 7/10 for platforms compared to 7/10 for LegacyFX. FAB Securities provides FAB Trading Platform, Mobile App, while LegacyFX offers MT5. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. FAB Securities is regulated by SCA (Tier 2), while LegacyFX holds licenses from CySEC (Tier 1). FAB Securities scores 8.5/10 and LegacyFX scores 7.5/10 in this category. FAB Securities shows 1 regulator in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with. LegacyFX shows 1 regulator in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, but you should still verify the specific entity covering your jurisdiction before opening an account.
Education & Research
For learning resources, FAB Securities leads with 7/10 compared to 7/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. FAB Securities and LegacyFX both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
FAB Securities offers 24/5 Live Chat, Email, Phone, Branch and scores 8/10, while LegacyFX provides 24/5 Live Chat, Email, Phone with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
FAB Securities scores 7.5/10 for deposits and withdrawals, while LegacyFX scores 7/10. FAB Securities accepts Bank Transfer, FAB Account Transfer, and LegacyFX supports Bank Transfer, Credit Card, Debit Card, Skrill, Neteller, Bitcoin. Processing times, fees, and available currencies vary. FAB Securities requires a minimum deposit of $2000 versus $500 for LegacyFX. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FAB Securities if you...
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
- You want access to a wider range of instruments
- Fast and flexible deposits & withdrawals are important
Choose LegacyFX if you...
- You want lower spreads and trading fees
- You prefer a low minimum deposit ($500)
- You prefer LegacyFX's trading environment overall
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Frequently Asked Questions
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