tastyfx — where it wins, where it loses
tastyfx wins on no minimum deposit, platform choice. No column in our set puts it behind the field. Priced across ten round-turn EUR/USD lots it comes 22 of 39 in this field.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
- no minimum deposit
- platform choice
Loses on
No column in this set puts tastyfx behind the field.
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| CFTC / NFA | NFA ID 0509630 | United States | Tier 1 | tastyfx, LLC (formerly IG US LLC) | nfa.futures.org |
Checkable
Facts the comparison runs on
On the record
- tastyfx, LLC is a CFTC-registered Retail Foreign Exchange Dealer and NFA member with NFA ID 0509630.
- IG US rebranded its US forex brokerage to tastyfx in 2024; tastyfx is part of IG Group, which is listed on the London Stock Exchange.
- tastyfx publishes a minimum EUR/USD spread of 0.8 pips and a minimum margin requirement of 2% on that pair.
- tastytrade's support pages state there is no minimum deposit to open and maintain a tastyfx account, though funds must cover margin requirements.
- tastyfx offers forex only; US retail forex leverage is capped by CFTC rules at 50:1 on major pairs.
| Trading since | not verified |
|---|---|
| Base | Chicago, Illinois, United States |
| Minimum to open | None |
| Leverage cap | 1:50 (US majors, CFTC limit) |
| EUR/USD | 0.80 pips |
| Terminals | tastyfx web platform, MT4, MT5, Mobile apps |
| Account tiers | Standard, Zero+ |
| Markets | Forex |
| Record confidence | high |
| Matchup-ready | yes — enough public cost data to run a head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- founding year of the US entity
- segregated funds treatment (US retail forex funds are not segregated in the same way as futures customer funds)
- negative balance protection
- founding year
Costs less
Who beats tastyfx on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.