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Suspicious Clone
Score
1.48 /10
Danger
tastyfx
2-5 yearsSuspicious Regulatory License
Regional Brokers
High potential risk
Influence
A
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index6.74
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
3
Previous Detection :
2025-05-25
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The United StatesNFA regulation (license number: 0509630) claimed by this broker is suspected to be clone. Please be aware of the risk!
WikiFX Verification
| tastyfx Review Summary | |
| Founded | 2020 |
| Registered Country/Region | United States |
| Regulation | NFA Suspicious Clone |
| Market Instruments | Forex (80+ currency pairs) |
| Demo Account | ✅ |
| Leverage | Not mentioned |
| Spread | EUR/USD spread from 0.8 pips |
| Trading Platform | Tastyfx Web Platform, Tastyfx Mobile App, TradingView, MetaTrader 4 (MT4), ProRealTime |
| Min Deposit | Not mentioned |
| Customer Support | New Customers: (312) 981-0499 / newaccounts.us@tastyfx.com |
| Existing Customers: (312) 981-0498 / helpdesk.us@tastyfx.com | |
tastyfx Information
Founded in 2020, TASTYFX is registered in the United States. Though it says to be controlled by the NFA, it is called a Suspicious Clone. Mainly on forex trading, the broker provides access to more than 80 currency pairings with low spreads and no commission.
Pros and Cons
| Pros | Cons |
| Low spreads starting at 0.8 pips | Suspicious Clone license |
| No deposit, withdrawal, or inactivity fees | Only forex available, no stocks or commodities |
| Demo account provided | Limited information about leverage and minimum deposit information |
Is tastyfx Legit?
No, TASTYFX is not legitimate. It is listed as a Suspicious Clone by the National Futures Association (NFA).
| Regulatory Status | Suspicious clone |
| Regulated by | United States (National Futures Association - NFA) |
| Licensed Institution | TASTYFX LLC (fake claim) |
| Licensed Type | Market Maker (MM) |
| Licensed Number | 509630 |
What Can I Trade on tastyfx?
TASTYFX mainly focuses on forex trading, offering access to 80+ currency pairs across major, minor, and exotic markets. It does not list other asset classes like commodities, crypto, stocks, indices, or ETFs.
| Tradable Instruments | Supported |
| Forex | ✅ |
| Commodities | ❌ |
| Crypto | ❌ |
| CFD | ❌ |
| Indexes | ❌ |
| Stock | ❌ |
| ETF | ❌ |
Account Types
TASTYFX offers two types of live accounts: a Retail Trading Account and a Forex IRA Account, and provides a Demo Account for practice. Islamic (Swap-Free) accounts are not available.
The Retail Account suits active everyday traders, while the Forex IRA Account is designed for investors looking to trade forex within a tax-advantaged retirement account.
tastyfx Fees
TASTYFXs overall trading fees are lower than the industry average, offering low spreads with no commission charges.
| Market | Sell Price | Buy Price | Spread (Pips) |
| EUR/USD | 1.13831 | 1.13842 | 0.00011 |
| GBP/USD | 1.33878 | 1.33888 | 0.0001 |
| USD/CHF | 0.82498 | 0.82513 | 0.00015 |
| USD/JPY | 142.713 | 142.73 | 0.017 |
| AUD/USD | 0.6418 | 0.64193 | 0.00013 |
| USD/CAD | 1.38376 | 1.38399 | 0.00023 |
| Market | Swap Bid | Swap Offer |
| EUR/USD | 0.81 | -1.95 |
| GBP/USD | -0.64 | -0.56 |
| USD/CHF | -2.42 | 1.54 |
| USD/JPY | 0 | 0 |
| AUD/USD | -0.26 | -0.36 |
| USD/CAD | -1.31 | 0.07 |
Non-Trading Fees
| Non-trading Fees | |
| Deposit Fee | None |
| Withdrawal Fee | None |
| Inactivity Fee | None |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for What Kind of Traders |
| Tastyfx Web Platform | ✔ | Web browsers (PC/Mac) | Traders seeking a customizable, simple web platform |
| Tastyfx Mobile App | ✔ | iOS, Android | Mobile users who want flexibility and full functionality |
| TradingView | ✔ | Web browsers, Mobile App | Traders focused on technical analysis and social trading |
| MetaTrader 4 (MT4) | ✔ | Windows, iOS, Android | Traders needing automated trading and EA capabilities |
| ProRealTime | ✔ | Web browsers | Technical analysts who prefer advanced charting tools |
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