tastyfx Review
Updated regularly · Independent ratings
Overall Rating
4.3 / 5
Fees
4.6 / 5
Safety
4.5 / 5
Platforms
4.6 / 5
Education
4.3 / 5
Min. deposit
$1
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.
tastyfx — At a Glance
Full broker data from our database
| Minimum deposit | $1 |
| Broker type | Market Maker |
| Spread type | Variable |
| Spreads from | Standard Account: 0.8 pips, Zero Plus Account: 0.0 pips, Prime Account: 0.6 pips, |
| Commission | Standard Account: No commission, Zero Plus Account: $5 per lot per side, Prime Account: No Commission, |
| Maximum leverage | 1:50 |
| Minimum lot size | 0.01 |
| Maximum lot size | 100 |
| Decimal pricing | 5 decimals |
| Trading platforms | tastyfx Mobile App, tastyfx Web Platoform, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), ProRealTime |
| API access | Yes |
| VPS | Yes |
| Demo account | Yes |
| Segregated account | Yes |
| Swap-free account | No |
| Managed account | No |
| PAMM / MAM account | No |
| Joint account | Yes |
| Copy trading | No |
| Social trading | No |
| Account currencies | USD |
| One-click trading | Yes |
| OCO orders | No |
| Trailing stop loss | Yes |
| Hedging allowed | Yes |
| Scalping allowed | Yes |
| Interest on margin | Yes |
| Bonuses | Yes |
| Contests | No |
| Regulators | CFTC (United States), NFA (United States) |
| 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 |
| Assets offered | Forex |
| Payment methods | Bank Transfer, Debit Cards |
| Languages | English, Spanish, Arabic, French, German, Italian, Mandarin, Chinese, Japanese, Dutch, Swedish, Portuguese |
| Customer support | Live Chat, Email, Phone |
| Contact email | helpdesk.us@tastyfx.com |
| Minimum deposit | $1 | Social trading | No |
| Broker type | Market Maker | Account currencies | USD |
| Spread type | Variable | One-click trading | Yes |
| Spreads from | Standard Account: 0.8 pips, Zero Plus Account: 0.0 pips, Prime Account: 0.6 pips, | OCO orders | No |
| Commission | Standard Account: No commission, Zero Plus Account: $5 per lot per side, Prime Account: No Commission, | Trailing stop loss | Yes |
| Maximum leverage | 1:50 | Hedging allowed | Yes |
| Minimum lot size | 0.01 | Scalping allowed | Yes |
| Maximum lot size | 100 | Interest on margin | Yes |
| Decimal pricing | 5 decimals | Bonuses | Yes |
| Trading platforms | tastyfx Mobile App, tastyfx Web Platoform, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), ProRealTime | Contests | No |
| API access | Yes | Regulators | CFTC (United States), NFA (United States) |
| VPS | Yes | Headquarters | 1330 West Fulton Street, Suite 610, Chicago, IL 60607, United States. |
| Demo account | Yes | International offices | United States, United Kingdom, Australia, Germany, Switzerland, Spain, Italy, France, Sweden, Poland, Singapore, Japan, India, Bermuda, South Africa, UAE |
| Segregated account | Yes | Assets offered | Forex |
| Swap-free account | No | Payment methods | Bank Transfer, Debit Cards |
| Managed account | No | Languages | English, Spanish, Arabic, French, German, Italian, Mandarin, Chinese, Japanese, Dutch, Swedish, Portuguese |
| PAMM / MAM account | No | Customer support | Live Chat, Email, Phone |
| Joint account | Yes | Contact email | helpdesk.us@tastyfx.com |
| Copy trading | No |
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.