摘要:Tastyfx is a broker registered in the United States, providing forex pairs trading. It claims to offer commission-free trading and low spreads. Despite this, the regulatory status of tastyfx is suspicious clone.
Tastyfx is a broker registered in the United States, providing forex pairs trading. It claims to offer commission-free trading and low spreads. Despite this, the regulatory status of tastyfx is suspicious clone.
Pros | Cons |
Zero Commission | Suspicious Clone Regulation |
Low Spread | Limited Account Type |
Multiple Educational Resources | High Minimum Deposit |
Comprehensive Customer Support | Limited Trading Choice |
Demo Account | |
MT4 Trading Platform |
The current regulatory status of tastyfx is considered a suspicious clone, which means it may be using the regulatory license of a legitimate company to conduct business. Before trading with tastyfx, you must be cautious and verify its authenticity.
Regulatory Status | Suspicious Clone |
Regulated by | United States |
Licensed Institution | TASTYFX LLC |
Licensed Type | Market Making(MM) |
Licensed Number | 0509630 |
You can only trade forex pairs on tastyfx, which offers over 80 forex pairs including EUR/CHF, EUR/USD, GBP/USD and so on.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ❌ |
Indices | ❌ |
Cryptocurrencies | ❌ |
Shares | ❌ |
Mutual Funds | ❌ |
The broker offers only one live account option, complemented by a demo account for you to practice trading skills in a risk-free, non-monetary environment.
tastyfx boasts comparatively low fees compared to market norms, without imposing trading commissions. However, a margin deposit is required, and tastyfx utilizes a tiered margin system.
tastyfx provides traders with competitive spreads, starting from 0.8 pips, providing cost-effective trading and maximizing potential profits.
tastyfx Margin
tastyfx sets a 2% margin rate for major currency pairs like EUR/USD and USD/CAD.
It employs a tiered margin system, adjusting requirements based on risk levels. Lower margin rates apply to smaller trades as they mainly benefit from better market liquidity.
Trading on tastyfx is commission-free, but withdrawing funds via wire transfer requires a $15 handling fee.
Tastyfx offers multiple trading platforms options.
Firstly, you can access its self-developed trading platform through website or download the app for PC, iOS, and Android devices.
In addition, tastyfx supports Metatrader 4, enabling you to automate your trading with MT4's advanced algorithms. tastyfx also provides a suite of indicators and add-ons for free.
Also, if you prefer technical analysis, tastyfx supports you in trading on ProRealTime, a leader in chart-based trading.
You can select the appropriate trading platform based your needs and trading proficiency.
Trading Platform | Supported | Available Devices |
tastyfx web platform | ✔ | computer |
tastyfx mobile APP | ✔ | mobile phone |
MT4 | ✔ | computer and mobile phone |
ProRealTime | ✔ | computer and mobile phone |
The minimum deposit at tastyfx is $250, and you can fund your account via debit card, wire transfer, or bank transfer. Withdrawals are available via debit card, wire transfer, and ACH. Notably, only wire transfer withdrawals requires a $15 handling fee. Processing times for deposits and withdrawals vary by channel, so choose wisely based on your requirements.
Deposit Options | Min. Deposit | Fees | Processing Time |
Debit Card | $250 | Not Mentioned | 3-5 business days |
Wire Transfer | $250 | Not Mentioned | Not Mentioned |
Bank Transfer | $250 | Not Mentioned | 3-4 business days |
Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
Debit Card | Not Mentioned | Not Mentioned | 3-5 working days |
Wire Transfer | Not Mentioned | $15 | Within 24 hours |
ACH | Not Mentioned | Not Mentioned | 3-5 working days |
tastyfx provides 5/24 online chat, and you can also connect them through phone, email, twitter, facebook, Instagram, YouTube, Linkedin and physical address.
Contact Options | Details |
Phone | New Customers: (312) 981-0499 |
Existing Customers: (312) 981-0498 | |
newaccounts.us@tastyfx.com; helpdesk.us@tastyfx.com | |
Online Chat | 5/24 |
Social Media | Twitter: https://x.com/tastyfx_us?_sp=1176ce18-e2d4-4c83-a9ba-ba49bf7e16f2.1719807087148 |
Facebook: https://www.facebook.com/tastyfx?_sp=1176ce18-e2d4-4c83-a9ba-ba49bf7e16f2.1719807082801 | |
Instagram: https://www.instagram.com/tastyfx?_sp=1176ce18-e2d4-4c83-a9ba-ba49bf7e16f2.1719807100336 | |
YouTube: https://www.youtube.com/@tastyfx?_sp=1176ce18-e2d4-4c83-a9ba-ba49bf7e16f2.1719807095914 | |
Linkedin: https://www.linkedin.com/company/tastyfxus?_sp=1176ce18-e2d4-4c83-a9ba-ba49bf7e16f2.1719807091519 | |
Supported Language | English |
Website Language | English |
Physical Address | 1330 WEST FULTON STREET, SUITE 610 CHICAGO 60607 IL United States |
Overall, the key advantage of tastyfx lies in its absence of trading commissions and competitive low spreads, making it cost-effective and ideal for short-term traders. However, the regulatory license of tastyfx has been identified as a suspicious clone, which is very risky for beignners. You'd better choose a trader under normal and legal supervision.
Is it safe to trade with tastyfx ?
No, trading with tastyfx is unsafe given the suspicious nature of its clone license.
What is the minimum deposit at tastyfx?
The minimum deposit is $250.
What trading platforms are available at tastyfx?
There are three kinds of trading platforms: tastyfx platform, MetaTrader 4 and ProRealTime.