tastyFX

tastyFX

CFTC & NFA Regulated - High Trust
9.2
Trust Score

Pros

  • Fully regulated by CFTC as a Retail Foreign Exchange Dealer (RFED) and NFA member providing strong regulatory protection for US traders
  • Competitive pricing structure with spreads from 0.8 pips on standard accounts and raw spreads from 0.0 pips on Zero+ accounts
  • Backed by IG Group's global reputation and extensive regulatory compliance track record
  • Access to 85+ forex pairs with multiple platform options including proprietary platform, TradingView, and MetaTrader 5
  • Volume-based rebates available across all account types to reward active traders
  • Zero minimum deposit requirement on Standard and Zero+ accounts making it accessible for new traders
  • Comprehensive educational resources and market analysis tools designed specifically for US forex traders

Cons

  • Limited to serving US clients only due to CFTC regulation requirements
  • Higher minimum deposit of $50,000 required for Prime account access
  • No cryptocurrency trading available due to US regulatory restrictions
  • Limited product range compared to international brokers - forex and metals only
  • No MetaTrader 4 platform option which some traders may prefer
  • Spreads can widen significantly during major news events and periods of high volatility

Basic Information

Company
tastyFX
Region
United States
Established
2023
Email
support@tastyfx.com
Phone
+1 855 927 8399
Website
www.tastyfx.com

User Reviews

Robert Wilson
★★★★★
I've been trading with tastyFX for 6 months since they launched, primarily focusing on EUR/USD and GBP/USD on their Zero+ account. The raw spreads are impressively tight, averaging 0.2-0.3 pips during main market hours. Their proprietary platform is intuitive and execution speed is excellent - I've experienced no significant slippage even during NFP releases. Withdrawals via ACH are consistently processed within 48 hours. The integration with TradingView is seamless, which was a major selling point for me. Customer service is US-based and highly knowledgeable. My only suggestion would be to add more educational content for advanced traders.
Maria Rodriguez
★★★★☆
Trading with tastyFX for 4 months on a Standard account with $2,000 initial deposit. The platform is reliable and user-friendly, perfect for beginning traders like myself. Support team has been helpful in explaining trading basics and platform features. However, spreads do widen considerably during major news events, which caught me off guard initially. The mobile app works well but could use more advanced charting features. Withdrawal process was straightforward but took 3 full days via ACH. Appreciate their transparent fee structure and regular market updates.
David Chen
★★★★★
As a professional trader managing a $75,000 Prime account with tastyFX for the past 5 months, I'm thoroughly impressed with their service quality. The dedicated account manager provides valuable market insights and premium research reports. Execution quality is exceptional - I've traded over 500 lots with minimal slippage. The rebate program significantly reduces my trading costs. Platform stability is rock-solid even during high-impact news events. Have processed multiple large withdrawals, all handled efficiently within 24 hours. Their regulatory compliance and IG Group backing were key factors in choosing them over other US forex brokers.

Regulation Analysis

tastyFX operates under comprehensive US regulatory oversight as a registered Retail Foreign Exchange Dealer (RFED) with the Commodity Futures Trading Commission (CFTC) and maintains membership with the National Futures Association (NFA ID: 0509630). This regulatory framework provides US traders with robust protection including mandatory segregation of client funds in top-tier US banks, regular auditing requirements, and strict capital adequacy standards. As part of the IG Group, tastyFX benefits from its parent company’s extensive regulatory compliance experience and track record. The broker maintains full compliance with all CFTC regulations including leverage restrictions (50:1 maximum on major currency pairs, 20:1 on minor pairs), transparent pricing requirements, and regular financial reporting obligations. Client funds are held in segregated accounts at major US banks, completely separate from the company’s operational funds. The broker has maintained a clean regulatory record since launch with no disciplinary actions or significant compliance issues. It’s important to note that while tastyFX’s regulatory status provides strong protection for US clients, their services are limited to US residents only due to CFTC requirements.

Trading Products

  • Forex Trading: Access to over 85 currency pairs including all major USD pairs, popular crosses, and exotic pairs. Major pairs include EUR/USD, GBP/USD, USD/JPY with spreads from 0.8 pips on standard accounts. Maximum leverage of 50:1 on majors and 20:1 on minors/exotics in compliance with CFTC regulations
  • Precious Metals: Trading available on Gold (XAU/USD) and Silver (XAG/USD) with competitive spreads and leverage up to 20:1
  • Trading Hours: 24/5 market access from Sunday 5:00 PM ET to Friday 5:00 PM ET
  • Account Types: Standard (spread-based pricing), Zero+ (raw spreads + commission), and Prime ($50,000 minimum) accounts available
  • Platform Integration: Direct integration with TradingView for advanced charting and technical analysis

Trading Platforms

  • tastyFX Proprietary Platform: Custom-built trading platform featuring intuitive interface, advanced charting tools, one-click trading, and mobile compatibility. Available on web browsers and as dedicated mobile apps for iOS and Android
  • TradingView Integration: Direct trading capability through TradingView’s advanced charting platform with access to extensive technical analysis tools and global trading community
  • MetaTrader 5: Available for advanced traders, offering algorithmic trading capabilities, extensive technical indicators, and multiple timeframe analysis
  • Mobile Trading: Native mobile apps providing full trading functionality, real-time quotes, charts, and account management features
  • Platform Features: Fast execution speeds, reliable pricing feeds, advanced order types, and comprehensive risk management tools across all platforms

Deposit and Withdrawal

  • Deposit Methods: Bank wire transfer, ACH, debit cards (Visa/Mastercard), and online bill pay accepted
  • Minimum Deposits: $0 minimum for Standard and Zero+ accounts, $50,000 for Prime accounts
  • Processing Times: ACH transfers typically clear within 1-3 business days, wire transfers same or next business day, card payments instant
  • Withdrawal Options: Bank wire transfer and ACH available for withdrawals
  • Withdrawal Processing: Internal processing within 24 hours, final receipt depends on payment method (ACH 2-3 business days, wire transfers 1-2 business days)
  • Fees: No deposit fees charged by tastyFX, standard bank wire fees may apply
  • Currency: USD only for US clients
  • Verification Requirements: Standard KYC documentation including government ID and proof of residence required before first withdrawal

Customer Support

tastyFX provides comprehensive customer support through multiple channels including phone (+1 855 927 8399), email, and live chat. Support team is available 24/5 during market hours from Sunday 5:00 PM ET to Friday 5:00 PM ET. The support staff is based in the US and highly knowledgeable about forex trading and platform functionality. Average response times are under 2 minutes for live chat, same-day for emails, and immediate for phone support. Educational support includes detailed trading guides, video tutorials, and regular webinars focused on trading strategies and market analysis. Technical support is available for all platforms with dedicated specialists for MetaTrader 5 and TradingView integration issues. Prime account holders receive priority support and dedicated account managers for personalized assistance.

FAQ

Q: Is tastyFX a regulated and safe broker for US traders?
A: Yes, tastyFX is fully regulated by the CFTC as a Retail Foreign Exchange Dealer (RFED) and is a member of the National Futures Association (NFA ID: 0509630). The broker operates under strict US regulatory oversight and is backed by IG Group, one of the world’s largest forex and CFD providers. Client funds are held in segregated accounts at major US banks, and the broker maintains full compliance with all CFTC requirements for capital adequacy and operational standards.

Q: What are the available account types and minimum deposits?
A: tastyFX offers three account types: Standard accounts with no minimum deposit and spreads from 0.8 pips, Zero+ accounts with no minimum deposit and raw spreads plus commission, and Prime accounts requiring $50,000 minimum deposit with premium features and competitive pricing. All accounts provide access to 85+ currency pairs and metals trading.

Q: What trading platforms does tastyFX offer?
A: tastyFX provides their proprietary trading platform, direct TradingView integration for advanced charting and trading, and MetaTrader 5 for algorithmic trading capabilities. All platforms are available on web browsers and mobile devices, featuring real-time quotes, advanced charting tools, and comprehensive order management features.

Q: How long do withdrawals take and what methods are available?
A: Withdrawals can be processed via ACH or bank wire transfer. The internal processing time is typically within 24 hours, with ACH transfers taking 2-3 business days and wire transfers 1-2 business days to reach your bank account. First-time withdrawals require standard KYC verification with government ID and proof of residence.