This comparison overview assists customers who struggle to choose in between Forex.com and TastyTrade to discover the most effective online broker for their trading and financial investment needs. It examines the main features of both brokers alongside to assist users compare their solution and make an informed choice.
To help individuals select the appropriate broker between Forex.com and TastyTrade to locate the best-suited platform, below is a checklist of broker’s pros and cons, complied with by a contrast of their main trading features, consisting of trading platforms & tools, costs, mobile trading, down payment & withdrawal, assets, law, and client support.
Forex.com vs. TastyTrade: Summary
Forex.com a reputable forex and CFD broker regulated by 7 tier–one regulators. They offer access to 5500+ tradable symbols across various markets including forex, stocks, cryptos and CFDs. Forex.com also offers a wide range of proprietary platforms with access to advanced charting features through TradingView, social trading tools and MT4 integration.
Forex.com trading fees are with an average spread of 1.1 pips (EUR/USD) above industry average.
Forex.com customer support is available 24/7 via email, phone and live chat. Their exceptional educational resources, great market research and ease of use make this broker a good choice for beginners and intermediate traders.
TastyTrade (previously TastyWorks) is a US based stock and options broker. It is regulated by two tier-one regulators (FINRA and SEC) and is therefore considered safe. The broker offers access to a wide range of options, futures and stocks.
TastyTrade’s platform offers various trading tools and features, intuitive charting apps and the TastyTrade content network. These features make tastytrade a great fit for experienced and active traders focusing on trading with futures and options. Although TastyTrade offers great educational materials and research tools, the platform can be overwhelming for beginners.
The minimum deposit at TastyTrade is $0. Customer support is responsive and well educated.
Pros
- Low minimum deposit ($100)
- Low average spread from 0.74 pips EUR/USD
- Advanced charting features and performance analytics
- Award Winning Mobile trading app
- Professional customer support
Cons
- Educational videos are missing
- MT5 available outside of US only
- Limited assets available on MT5
Pros
- Low minimum deposit ($0)
- Wide range of futures and options
- Low, variable, and capped trading fees
- Broad range of tools for advanced options and futures traders
- Great research and educational materials
Cons
- No fractional shares available
- Limited instruments compared to other brokers
- High margin rates required
Key features
- Competitive trading fees
- Compatibility with MT4 and MT5
- 5500 tradable symbols and 4550 CFDs overall
- Award winning mobile trading app
- Advanced charting and performance analytics available
- Great combination of ease of use and personal customisation
Key features
- Access to thousands of stocks, ETFs, futures, options on futures, commodities, and cryptocurrencies
- Advanced trading tools and dynamic charting features (custom indicators, watch lists, and curve analysis)
- Multiple advanced order types available (good until canceled and good until date)
- Free monthly portfolio analysis
- Support for Expert Advisors and other automated trading software
Forex.com vs. TastyTrade Comparison
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Forex.com
Tastytrade
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1:50 | 5:1 |
MetaTrader 4 (MT4) | ||
MetaTrader 5 (MT5) | ||
Mobile Version | ||
Mutual Fund Management | ||
Proprietary Platform | ||
Social/Copy Trading | ||
Trading Alerts | ||
Trading signals | ||
Watchlist | ||
Web Version |
Fees
Withdrawal Fee | 0 | 0 |
Deposit Fee | 0 | 0 |
Inactivity Fee | $15 per month (after 12 months) | 0 |
Cost Per Trade | 0 | 0 |
Cost Per Month | 0 | 0 |
Forex (EUR/USD) | 0.8 pips | 0 |
Stocks & ETF | 0 + spread | 0 |
CFD (Gold) | 0.8 | 0 |
Crypto | 0 | 1% open 1% close (max $10 each way) |
Options | 0 | $1 per contract |
Conversion Fees | 0.50% | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees | 2.50% | 0 |
Deposit & Withdrawal
Minimum deposit (in UAE) | $100 | 0 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 0 | 2400 |
ETF & Funds | 0 | 0 |
Crypto | 0 | 25 |
Commodities | 0 | 0 |
Indices | 0 | 7 |
Options | 0 | 0 |
Futures | 0 | 83 |
Bonds | 0 | 0 |
Forex Instruments | 91 | 0 |
CFD Indices & Funds | 17 | 0 |
CFD Stocks | 9500 | 0 |
CFD Commodities | 22 | 0 |
CFD Crypto | 8 | 0 |
CFD Bonds | 0 | 0 |
Binary Options | 0 | 0 |
SWAPS | 0 | 0 |
Saving Plans | 0 | 0 |
Research & Education
Webinars | ||
Educational Resources | ||
Daily News Updates | ||
Market Indepth Analysis | ||
Pers. Training & Room | ||
Market Research |
Customer Support
Phone | ||
Live Chat | ||
24/7 support | ||
Multilingual | Spanish | |
Personal Account Manager |
Winner
Forex.com vs. TastyTrade Comparison Conclusion
The results of our comparison of Forex.com vs. TastyTrade are involved the table below.
Broker: | Best For: |
Forex.com | Forex and CFD trading and MT4 |
TastyTrade | Options Trading |
Choosing the appropriate option between Forex.com and TastyTrade can be tough. Both online brokers have resemblances however differ regarding trading instruments, platforms & apps, policy, down payment & withdrawals, and study and education and learning. Choosing the most effective broker depends upon users’ trading & investment objectives, specific preferences, and experience degree.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.