tastyfx Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-09 17:47

Abstract：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.

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.