Forex.comvs
tastytradeForex Broker Comparison
Two brokers target US and global traders, trading cost structures against platform focus. The tension pits broad regulation and raw spreads against an options-centric, commission-driven model.
Who should choose Forex.com vs tastytrade?
Find out which broker best suits your trader profile.
Choose if…
Choose Forex.com if you want 24/5 live chat support and MT4/MT5 access.
Choose if…
Choose tastytrade if you prioritize low options commissions and an options-focused platform.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Forex.com vs tastytrade: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.5 / 5▲ |
Forex.com vs tastytrade Forex Broker Pros & Cons
Pros
One of the few brokers accepting US retail forex clients
Deep research tools including macro analysis
Raw spread account with competitive $7 round-turn commission
MT4, MT5 and proprietary platforms
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Forex.com vs tastytrade: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
5
Forex.com
criteria wins
1
tastytrade
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Forex.com | tastytrade |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
Forex.com vs tastytrade: Frequently Asked Questions
The scores are close: Forex.com rates 4.2/5 and tastytrade rates 4.3/5. tastytrade has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Forex.com starts from 1 pips. Current spread data is not available for tastytrade. Check both brokers' websites for up-to-date pricing.
tastytrade has no minimum deposit, while Forex.com requires at least $100. This makes tastytrade more accessible for traders with limited starting capital.
Both Forex.com and tastytrade hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: tastytrade has no minimum deposit, removing the capital barrier entirely, and Forex.com provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
Forex.com lists maximum leverage of 50:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
tastytrade charges $1 per lot, lower than Forex.com's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Forex.com supports Proprietary Web/Mobile, MetaTrader 4, MetaTrader 5, while tastytrade supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. Forex.com has exclusive access to MetaTrader 4 and MetaTrader 5.
