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Suspicious Clone
Score
1.12 /10
Danger
tastyfx
Within 1 yearSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index3.97
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2024-12-25
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The United StatesNFA regulation (license number: 0509630) claimed by this broker is suspected to be clone. Please be aware of the risk!
WikiFX Verification
| tastyfx Review Summary | |
| Founded | 2020-03-08 |
| Registered Country/Region | United States |
| Regulation | Suspicious Clone |
| Market Instruments | Forex |
| Demo Account | ✅ |
| Leverage | / |
| Spread | As low as 0.8 pips |
| Trading Platform | MT4/tastyfx web/mobile Platforms/TradingView/ProRealTime (desktop/tablet/mobile) |
| Min Deposit | / |
| Customer Support | Phone (New Customers): (312) 981-0499 |
| Email (New Customers): newaccounts.us@tastyfx.com | |
| Phone (Existing Customers): (312) 981-0498 | |
| Email (Existing Customers): helpdesk.us@tastyfx.com | |
| LinkedIn, Instagram, Facebook, Twitter, YouTube | |
tastyfx Information
tastyfx is a broker, which offers over 80 forex pairs to traders. The broker also provides five accounts, including MT4, tastyfx web platform, tasty mobile platform, TradingView, and ProRealTime. The minimum spread is from 0.8 pips and the minimum deposit is $0. tastyfx is still risky due to its suspicious clone status.
https://youtu.be/eH7Uxqlcnt8?si=OJ6G1xx3Ecum2lJg
Pros and Cons
| Pros | Cons |
| Demo account available | Suspicious Clone |
| 24/5 customer support | No more fee information |
| Commission free | Leverage unclear |
| MT4 available | |
| Spread as low as 0.8 pips |
Is tastyfx Legit?
tastyfx is regulated by NFA with a suspicious clone status, which is less safe than the regulated one.
What Can I Trade on tastyfx?
tastyfx only provides traders with forex pairs, which offer over 80 forex pairs including EUR/CHF, EUR/USD, GBP/USD, and so on.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Precious Metals | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Tastyfx offers a live account and ademo account. It is recommended for novices to use a demo account to practice first because there will be no loss of real funds. In addition, the demo accounts are predominantly used to familiarize traders with the trading platform and for educational purposes only.
| Account Type | Supported |
| Live account | ✔ |
| Demo account | ✔ |
tastyfx Fees
The spread is as low as 0.8 pips, the commission is $0. The lower the spread, the faster the liquidity.
Trading Platform
tastyfx cooperates with the authoritative MT4 trading platform and provides a propriety trading platform: tastyfx web platforms, tastyfx mobile platforms, TradingView, and ProRealTime, available on desktop, tablet, and mobile to trade. Junior traders prefer MT4 over MT5. MT4 not only provides various trading strategies but also implements EA systems.
| Trading Platform | Supported | Available Devices |
| tastyfx web platforms | ✔ | desktop |
| tastyfx mobile platforms | ✔ | mobile/tablet |
| TradingView | ✔ | tablet |
| MT4 | ✔ | tablet |
| ProRealTime | ✔ | desktop/mobile |
Deposit and Withdrawal
Deposit and withdrawal methods include debit cards, wire transfers, and bank transfers. However, transfer processing times and associated fees are unknown.
Bonus
Bonus up to $10k and rebates up to 15%.
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