Two well regulated brokers face off on platform ecosystems and cost structures. The tension centers on access to familiar trading platforms versus a proprietary experience.
Find out which broker best suits your trader profile.
Choose if…
Choose FxPro if you want MT4/MT5 access, 24/5 live chat, and multilingual support.
Choose if…
Choose tastytrade if you need a larger instrument universe and accept no MT4/MT5 and no negative balance protection.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.3/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5 | 4.5 / 5▲ |
Pros
Supports all four major platforms: MT4, MT5, cTrader, and proprietary
Strong FCA and CySEC regulation
No dealing desk execution on raw accounts
Negative balance protection
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | FxPro | 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 | Pass | 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 |
FxPro and tastytrade share the same editorial score of 4.3/5. One concrete differentiator: tastytrade requires a lower minimum deposit.
FxPro starts from 1.2 pips. Current spread data is not available for tastytrade. Check both brokers' websites for up-to-date pricing.
tastytrade has no minimum deposit, while FxPro requires at least $100. This makes tastytrade more accessible for traders with limited starting capital.
Both FxPro 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 FxPro provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
FxPro lists maximum leverage of 500:1. 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 FxPro's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
FxPro supports Proprietary Web/Mobile, cTrader, MetaTrader 4, MetaTrader 5, while tastytrade supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. FxPro has exclusive access to cTrader and MetaTrader 4 and MetaTrader 5.
FxPro offers spreads from 1.20 pips.
Equally matched; both have strong regulation and segregated client funds.
tastytrade wins for active traders with low options costs and a focused platform.
FxPro is better suited for scalpers: raw/ECN spreads available.
FxPro wins for platform choice with MT4/MT5, cTrader, and proprietary access.
tastytrade is best for beginners due to zero minimum deposit.
Fees & Spreads 30% weight | 4.4 / 5 | 4.8 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.2 / 5 | 4.7 / 5▲ |
|---|
Customer Support 10% weight | 4.0 / 5 | 4.0 / 5 |
|---|
| Founded | 2006 | 2017 |
|---|
| Headquarters | London, United Kingdom | Chicago, Illinois, United States |
|---|
| Min Deposit | $100 | No minimum▼ lower |
|---|
| Spreads From | 1.2 pips | N/A |
|---|
| Commission / lot | $7/lot | $1/lot▼ lower |
|---|
| 1.9 pips | N/A |
| Max Leverage | 500:1 | N/A |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferWire transferACH |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferWire transferACH |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | CySEC FCA FSCA | CFTC NFA |
|---|
| Platforms | Proprietary Web/Mobile cTrader MetaTrader 4 MetaTrader 5 | Proprietary Web/Mobile |
|---|
| Active bonuses |
|---|
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Options commissions capped at $10/leg, major cost advantage for traders who size up
$0 to open options trades; $1/contract to close
Platform built natively for options: IVR, Greeks, curve tool, and multi-leg management all first-class
Futures and futures options on the same account as equity derivatives
No PFOF on options, exchange-routed for best execution
Part of IG Group (LSE-listed), institutional governance and financial stability
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
No inactivity fee
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
Cons
Customer support can be slow during peak hours
FxPro Edge proprietary platform less feature-rich than MT4
Not available to US residents
Cons
US-only, no international accounts
Options-first interface has a steep learning curve for equity-focused traders
No live chat support, phone and email only
Minimal fundamental research tools; no stock screener or analyst reports
Mobile app less appropriate for entering complex multi-leg strategies than the desktop platform
No negative balance protection
No raw spread account option
No MetaTrader support
Support available in limited languages
FxPro and tastytrade are closely matched, with FxPro offering MT4/MT5 access while tastytrade relies on a proprietary platform.
Dig deeper into each broker’s features, fees, and regulation.
Score 4.3 / 5
Score 4.3 / 5
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