tastyfx provides access to a leverage of up to 1:50 with spreads starting from 0.8 pips on EUR/USD and USD/CAD pairs.
The support department in this company is available 24 hours a day, from 3 AM Saturday to 5 PM Friday, EST.
tastyfx Company Information & Regulation
This broker is one of the oldest companies in the Forex industry, being founded in 1974. Here's what you need to know about the company's background and regulatory status:
- Rebranded version of IG US
- Registered as a Retail Foreign Exchange Dealer (RFED) with the Commodity Futures Trading Commission (CFTC)
- Member of the National Futures Association (NFA ID: 509630)
- Headquartered at 1330 West Fulton, Chicago, IL 60607
- Recipient of 5 industry awards, including ForexBrokers.com's #1 Overall Broker in 2024
tastyfx Summary of Key Specifics
To give you a quick overview of what the broker brings to the table, here's a summary of its general features:
Broker | tastyfx |
Account Types | Standard, Professional, Demo |
Regulating Authority | CFTC |
Based Currencies | USD |
Minimum Deposit | $250 |
Deposit Methods | Credit/Debit Card, Wire Transfer, ACH Transfer |
Withdrawal Methods | Credit/Debit Card, Wire Transfer, ACH Transfer |
Minimum Order | 0.01 |
Maximum Leverage | 1:50 |
Investment Options | MT4 Signals, Automated Trading |
Trading Platforms & Apps | tastyfx Platform, TradingView, MetaTrader 4, ProRealTime |
Markets | Forex |
Spread | From 0.8 Pips |
Commission | None |
Orders Execution | N/A |
Margin Call / Stop Out | N/A |
Trading Features | Analytical Tools, VPS, Premium Services |
Affiliate Program | No |
Bonus & Promotions | Cashback, Funding Bonus |
Islamic Account | No |
PAMM Account | No |
Customer Support Ways | Live Chat, Email, Phone Call |
Customer Support Hours | 24 hours a day, from 3 AM Saturday to 5 PM Friday, EST |
Account Types Overview and Comparison
tastyfx offers a streamlined account structure with only one choice. The specifications are as follows:
- Minimum Deposit: $250
- Maximum Leverage: 1:50
Also, there is a demo account with $10,000 of virtual funds for practicing and testing strategies.
How to Sign Up and Verify Your Identity
Note that this brokerage accepts clients only from the United States (except Ohio); if you are from another region, you can check out other international options. How to Create an Account on tastyfx:
- Go to the official website and click on "Open A Live Account";
- Choose your country of residence;
- In the next stage, enter your full name and email address;
- Create a username and a password for your account;
- Input your birthdate and a phone number in the next form;
- Answer the questionnaire regarding personal matters, income, savings, and trading experience.
Your account is created with the broker. You will likely be asked to submit documents for identity verification.
Which Trading Platforms Are Employed by tastyfx?
The broker offers a large suite of 4 trading platforms for traders with different skills and experience levels:
tastyfx Platform:
TradingView Integration:
MetaTrader 4 (MT4):
ProRealTime:
Commissions and Spreads in Working With tastyfx
tastyfx operates on a commission-free model, making money through the spread. The broker's spreads start from 0.8 pips on pairs like EUR/USD and USD/CAD.
There are no other costs of any kind in the mentioned brokerage.
Deposit/Withdrawal Options
tastyfx provides 3 options for funding and withdrawing from your account:
- Credit/Debit Cards: Fast and easy, ideal for quick deposits
- Wire Transfer: Suitable for larger amounts, may take 1 business days
- ACH Transfer: Typically processed within 3 business days
There could be more choices, such as e-wallets and crypto transactions.
Copy Trading & Investment Features on tastyfx
Based on the investigations made by our team, currently, the discussed broker provides:
- Access to third-party trading signals
- Integration with automated trading systems through MT4
These 2 are ways to earn passive income through copying price signals and strategies.
tastyfx Broker Bonuses and Promotions
tastyfx offers 3 incentives to both new and existing traders:
- New Account Bonus: Up to $10,000 funding bonus for new accounts
- Cashback Rebates: Earn up to 15% monthly cashback on trading volume
- Premium Client Service: Exclusive content and dedicated account manager for high-volume traders
To qualify for these bonuses, adhere to terms and conditions specified for each promotion.
Support Department Contact Methods and Open Hours
Tastyfx provides 3 support channels, available for its clients and other users:
- Email: [newaccounts.us@tastyfx.com] for new customers, [us@tastyfx.com] for existing customers
- Phone: (312) 981-0499 (new users), (312) 981-0498 (existing accounts)
- Web Chat: Available through the website
As stated by the company on its official website, the support is available 24 hours a day, from 3 AM Saturday to 5 PM Friday, EST.
tastyfx Trust Scores and User Ratings
The broker does not have scores on many sources across the web. However, ScamAdviser has given the "Trustscore" of 86/100 to the brokerage's domain, based on these factors:
- Validity of the SSL certificate
- Long track record of the website
- DNSFilter marking the website as "safe"
Conclusion and Final Words
tastyfx employs 4 trading platforms [proprietary, TradingView, MetaTrader 4, ProRealTime] with a minimum deposit requirement of $250 in its single live account.
Besides the real account, a demo environment is available with $10,000 in virtual funds.