FOREX.com and tastyfx are widely considered to be two of the best forex trading platforms for anyone based in the U.S. But which one represents the right fit for your trading goals?
Our FOREX.com vs. tastyfx head-to-head review will explore key areas like deposit minimums, fees, trading platforms, regulations, and more. Use these insights to make an informed decision and identify the right platform for your trading goals.
Overview of FOREX.com
Since FOREX.com was founded in 2001, it has developed a reputation as a transparent, rule-abiding broker. It operates as a market maker that offers various trading instruments, including forex, indexes and commodities. It’s the go-to platform for many traders.
| Minimum Deposit | $100 |
| Currency Pairs | 80+ |
| Mobile App | Yes |
| Demo Account | Yes |
| Forex Fees | Average |
| CFD Fees | Average |
| Withdrawal Fee | $25 within the U.S. and $40 for international wires. There are no fees for withdrawals greater than $10,000 |
| Trading Platforms | MetaTrader 4, MetaTrader 5 and TradingView, NinjaTrade, Trading Central, web and mobile trader |
| Average Spreads | As low as 0.8 pips |
| Regulators | National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC) |
>> Read our full FOREX.com review
Overview of tastyfx
tastyfx takes a fresh approach to trading. It offers low fees and a simple user interface, and the platform provides direct access to the forex market. While tastyfx may not have the long history that competitors like FOREX.com do, it offers a streamlined experience and has quickly become a popular alternative. tastyfx focuses solely on forex. However, its parent company, IG Markets, provides a diverse range of tradable assets.
| Minimum Deposit | $100 |
| Currency Pairs | 80+ |
| Mobile App | Yes |
| Demo Account | Yes |
| Forex Fees | Average |
| CFD Fees | Average |
| Withdrawal Fee | $15 fee for bank wires |
| Trading Platforms | MT4, TradingView, ProRealTime, web and mobile trader |
| Average Spreads | As low as 0.2 pips |
| Regulators | National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC) |
>> Read our full tastyfx review
Comparing FOREX.com and tastyfx
FOREX.com and tastyfx are both popular U.S.-regulated brokers offering access to 80+ currency pairs and mobile-friendly trading platforms. But when it comes to fees, tools, and trader fit — they take very different approaches. Here’s a breakdown by category.
1. Fees and Minimum Deposit
FOREX.com charges average fees with spreads starting around 0.8 pips. The standard account is spread-only, while the RAW account has lower spreads with a fixed $7 round-turn commission per $100K traded. Withdrawals under $10,000 cost $25.
tastyfx uses a spread-only model with ultra-low spreads from 0.2 pips and no commissions. Withdrawals cost $15. There are no RAW or commission-based accounts currently.
| Feature | FOREX.com | tastyfx |
| Minimum Deposit | $100 | $100 |
| Withdrawal Fee | $25 (waived over $10K) | $15 |
2. Account Types and Commissions
FOREX.com offers multiple account types (Standard, RAW, Commission-based) and platform support for MT4, MT5, TradingView, NinjaTrader, and more.
tastyfx offers a simpler setup — one standard account type — but supports MT4, TradingView, and ProRealTime.
| Broker | Account Type | Commission Model | Cost |
| FOREX.com | RAW Pricing | Fixed | $7 per $100K (round turn) |
| Spread-Only | Spread markup | No commission; markup included (e.g., 1.3 pips) | |
| Swap-Free | Interest-free rollover | Admin fee after 5 days | |
| tastyfx | Spread-Only | Spread markup | No commission; spreads from 0.2 pips |
| Swap-Free | Not available | — |
Platform Features
| Feature | FOREX.com | tastyfx |
| Account Types | Standard, Commission, RAW | Standard only |
| Platform Features | Smart Signals, customization, analytics | Streamlined tools |
| MT4 Support | Yes | Yes |
| MT5 Support | Yes | No |
| Additional Platforms | TradingView, NinjaTrader, Trading Central | TradingView, ProRealTime |
Typical Spreads on Majors
| Currency Pair | FOREX.com (Standard) | tastyfx (Spread-Only) |
| EUR/USD | 1.3 pips | 0.2 – 0.6 pips |
| GBP/USD | 1.7 pips | 0.4 – 0.8 pips |
| USD/JPY | 1.4 pips | 0.3 – 0.7 pips |
3. Promotions
FOREX.com offers a 5% cashback welcome bonus, 4% APY on deposits and an Active Trader Program with rebates.
tastyfx offers an Active Trader Cash Bonus of up to $10,000 and up to 15% cashback based on trading volume.
| Feature | FOREX.com | tastyfx |
| Welcome Bonus | 5% cashback, 4% APY | Up to $10K + 15% cashback |
| Active Trader Program | Rebates, perks | Cash bonus for volume traders |
4. Mobile App Experience
FOREX.com provides a robust app with advanced charting, indicators, and innovative trading tools. The mobile app mirrors all the same functions of the desktop version for seamless trading between devices.
tastyfx offers a clean, simplified mobile interface ideal for beginners or minimalists.
| Feature | FOREX.com | tastyfx |
| Mobile Tools | Advanced charts, indicators | Clean, beginner-friendly UI |
| Platform Capability | Desktop-like experience | Easy-to-use trading app |
5. Trading Instruments
FOREX.com gives access to a large product range: 80+ forex pairs, 5,500+ stock CFDs, commodities, indices, crypto CFDs, and futures via FuturesOnline.
tastyfx focuses exclusively on forex trading for U.S.-based traders, with 80+ forex pairs. It does not offer CFDs, stocks, futures or crypto trading.
| Feature | FOREX.com | tastyfx |
| Forex Pairs | 80+ | 80+ |
| Total Instruments | 5,500+ | Forex-only |
| Stock Trading | 5,500+ stock CFDs | Not offered |
| Futures | Yes (via FuturesOnline) | Not offered |
| Commodities/Indices | Yes | Not offered |
| Cryptos (CFDs) | BTC, ETH, LTC, XRP | Not offered |
| Copy/Social Trading | No | No |
6. Customer Support
FOREX.com offers reliable support via phone, email, and live chat with extended availability. It has a long-standing reputation for quality service.
tastyfx provides the same support channels and hours but is still building its service reputation as a newer broker.
| Feature | FOREX.com | tastyfx |
| Support Channels | Phone, Email, Live Chat | Phone, Email, Live Chat |
| Support Hours | Extended | Extended |
| Reputation | Trusted, established | Newer, building trust |
7. Negative Balance Protection
FOREX.com only provides negative balance protection to EU/UK clients (via FCA). U.S. clients are not covered.
tastyfx provides negative balance protection to U.S. clients under CFTC/NFA rules but doesn’t operate in EU/UK. To trade forex outside the U.S., youll need to create an account with tastyfx’s parent company, IG Markets.
| Region | FOREX.com | tastyfx |
| U.S. Clients | Not offered | Available |
| EU/UK Clients | Available | Not applicable |
| Other Regions | Not available | Not applicable |
8. Best For
| Category | FOREX.com | tastyfx |
| Beginner Traders | Yes | Yes |
| Mobile Traders | Yes | Yes |
| MetaTrader Users | Yes (MT4 & MT5) | Yes (MT4) |
| TradingView Users | Yes | Yes |
| cTrader Users | No | No |
| Copy/Social Traders | No | No |
| Broad CFD Access | Yes | No |
| U.S. Clients | Yes | Yes |
Final Verdict
If you're deciding between FOREX.com and tastyfx, the better choice depends on your trading goals, experience level, and what you value most — platform tools or pricing.
We recommend FOREX.com for traders who want access to advanced platforms like MT4, MT5, and TradingView, along with a wide range of CFDs, including stocks, indices, commodities and futures. It's a solid option for U.S.-based traders, beginners, or those who want a mix of educational content, platform flexibility and account types.
We recommend tastyfx for cost-conscious U.S. traders who value ultra-low spreads, no commissions and a streamlined trading experience. If your focus is purely forex, and you want an efficient, no-frills platform with minimal fees, tastyfx delivers.
Both brokers are regulated in the U.S. and offer competitive forex trading environments. The right choice comes down to whether you prioritize feature-rich platforms and multi-asset access (FOREX.com) or minimal costs and simplicity (tastyfx).
Frequently Asked Questions
Is tastyfx a good broker?
tastyfx is a great all-around broker that offers a simplified trading experience. The platform focuses on personalization and has numerous resources to help you explore a range of strategies.
Is FOREX.com a trustworthy company?
FOREX.com is a very trustworthy broker regulated by the NFA and CFTC. The platform was established in 2001 and has remained a reputable company since then.
Does tastyfx accept U.S. clients?
Yes, tastyfx accepts clients based in the United States. The popular brokerage platform prioritizes a tailored trading experience and primarily focuses on the U.S. market.
Does FOREX.com take commission?
FOREX.com charges commission on RAW Pricing accounts, but it does not take commissions from Spread-Only accounts. The commission rate for RAW Pricing accounts is $7 per $100,000 traded.
Get a Forex Pro on Your Side
FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and spreads, fast, quality execution on every trade.
You can also tap into:
- EUR/USD as low as 0.0 with fixed $7 commissions per $100k USD traded
- Powerful, purpose-built currency trading platforms like MT4, MT5, TradingView, cTrader and NinjaTrader
- Monthly cash rebates with FOREX.com’s Active Trader Program
Learn more about FOREX.com powerful trading platform and how you can get started today.
About Kaitlyn Wolf
Kaitlyn Wolf is a personal finance, investing and lifestyle writer with over 8 years of experience in the SEO world. Her main focuses include forex, saving for retirement, budgeting and personal investing strategies. She’s passionate about helping others take control of their finances in simple and easy to understand ways. Her work has been published on various investing platforms including MoneyLion and Benzinga.