tastyfx Review
Key Facts
Regulation
CFTC · NFA
Broker Type
Market Maker
Min. Deposit
$1
Platforms
tastyfx Mobile App, tastyfx Web Platoform, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), ProRealTime
Fees
Low
Max Leverage
1:50
Demo Account
Yes
Our Ratings
4.3
out of 5
Safety & Regulation4.5
Fees & Costs4.6
Platforms & Execution4.6
Education4.3
75% of retail FX and CFD accounts lose money.
Pros & Cons
Pros
- +Strong regulatory oversight.
- +Highly trusted broker backed by IG Group.
- +Its parent company (IG Group) is listed on the stock exchange.
- +Fast and easy account opening.
- +Fast and secure payment methods.
- +Very low minimum deposit (as low as $1).
- +Free demo account available for practice trading.
- +Strong educational content for beginners.
- +Excellent research tools & market analysis.
- +Multiple account types for different trading styles.
- +IRA accounts are available.
- +Low forex trading fees.
- +Low financing rate.
- +No inactivity fee.
- +No deposit or withdrawal fees.
- +User-friendly mobile and web proprietary platforms.
- +Supports TradingView, MetaTrader 4, MetaTrader 5, and ProRealTime integration.
- +Adequate support for algorithmic trading.
- +No restrictions on trading strategies.
- +Great customer support service.
Cons
- −Product offering limited to forex trading.
- −No Islamic (swap-free) account.
- −Payment methods are limited to bank transfer and debit cards.
- −Digital wallets not supported.
- −0.5% conversion fee.
- −Account base currency is limited to USD.
- −Limited leverage (max 1:50, due to US regulation).
- −No Integrated social, copy, and PAMM trading features.
tastyfx - At a Glance
Trading Conditions
- Broker Type
- Market Maker
- Minimum Deposit
- $1
- Maximum Leverage
- 1:50
- Spread Type
- Variable
- Spread From
- 0.8 pips (Standard Account), 0.0 pips (Zero Plus Account), 0.6 pips (Prime Account),
- Commission
- Standard Account: No commission, Zero Plus Account: $5 per lot per side, Prime Account: No Commission,
- Decimal Pricing
- 5 decimals
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 100
- Hedging
- Yes
- Scalping
- Yes
- Assets Offered
- Forex
Account Types
- Demo Account
- Yes
- Swap Free Account
- No
- Managed Account
- No
- PAMM / MAM Trading
- No
- Joint Account
- Yes
- Social / Copy Trading
- No
- Bonuses
- Yes
- Contests
- No
Platforms & Tools
- Trading Platforms
- tastyfx Mobile App, tastyfx Web Platoform, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), ProRealTime
- One Click Trading
- Yes
- OCO Orders
- No
- Trailing Stop Loss
- Yes
- API Access
- Yes
- VPS Hosting
- Yes
Company
- Regulation
- CFTC (United States), NFA (United States)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Yes
- Headquarters
- 1330 West Fulton Street, Suite 610, Chicago, IL 60607, United States.
- International Offices
- United States, United Kingdom, Australia, Germany, Switzerland, Spain, Italy, France, Sweden, Poland, Singapore, Japan, India, Bermuda, South Africa, UAE
- Payment Methods
- Bank Transfer, Debit Cards
- Account Currencies
- USD
- Languages
- English, Spanish, Arabic, French, German, Italian, Mandarin, Chinese, Japanese, Dutch, Swedish, Portuguese
- Customer Support
- Live Chat, Email, Phone