Forex.com vs Tastyworks

Forex.com vs tastytrade Comparison Table 2023
Forex.com Review 2023	tastytrade Review 2023
Review 4.5 Forex.com is #1 in our broker rankings.	Review 3 tastytrade is #36 in our broker rankings.
Traders from US accepted	Traders from US accepted
Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they provide a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.	tastytrade is an award-winning brokerage, launched in 2017. The brand specializes in futures, options and stock trading with US and Australian regulatory oversight. The proprietary trading interface, designed by the creators of Thinkorswim, is powerful with plenty of integrated tools to suit active traders.
Bonus Offer
Active Trader Program With A 15% Reduction In Costs
Comment by Reviewer
"Forex.com is an excellent broker for forex traders with over 80 currency pairs, tight spreads, low commissions and powerful platforms. The brand is also heavily regulated while its parent company is listed on the NASDAQ, giving it a high trust score."	"tastytrade is a good choice for investors looking for low-cost, multi-asset trading opportunities. Experienced traders in particular will appreciate the comprehensive analysis tools and advanced trading technology."
Pros
Respected and trusted broker overseen by tier-one regulators including the US SEC Excellent trading tools including Trading Central, SMART Signals and MetaTrader 4 Industry-leading pricing on popular forex assets starting from 0.0 pips Beginner-friendly web platform and mobile app Up to 15% cashback rebates for active traders Fast execution speed of less than 1 second Free demo account for prospective traders VPS hosting for automated strategies Top-rated forex and CFD broker Low minimum deposit of $100	Transparent pricing model including a $1 commission on stocks and ETF options, with maximum limits per leg for some assets Wide range of asset classes including options, futures, stocks, ETFs and indices with the majority available to trade 24/5 Good choice of account types suitable for various investment goals including IRAs and individual/joint trading accounts Powerful proprietary platform with detailed insights, real-time trading videos, and order adjustment features Excellent regulatory oversight from FINRA, NFA and ASIC with SIPC insurance for US clients
Cons
Investment offering varies between countries $15 monthly inactivity fee No copy trading platform	Less suitable for beginners with no demo account and basic educational resources Narrow range of instruments with no forex trading No credit/debit card payments USD base currency only No 529 plan
Awards
Best CFD Broker 2022 - Rankia Best HNW Service 2022 - Dubai Forex Expo Best US Broker 2020 - DayTrading.com Best US Broker 2019 - DayTrading.com Runner-Up - Best Forex Broker 2019 - DayTrading.com
Instruments
Forex, Spot Metals	Stocks, Futures, Options, Crypto, ETFs
Demo Account
Yes	No
Minimum Deposit
$100	$0
Trading Platforms
MT4 MT5 TradingView eSignal AutoChartist TradingCentral	Own
Payment Methods
Debit Card, ACH Transfer, Wire Transfer	ACH Transfer Automated Customer Account Transfer Service Wire Transfer
Minimum Trade
0.01 Lots
Regulator
NFA, CFTC	SEC, FINRA
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
Yes	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
SMART Signals
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	Yes
Guaranteed Stop Loss
No	No
Inactivity Fee
$15
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD JPY CHF
Stock Exchanges
Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange	S&P 500
Commodities
Cocoa Coffee Cotton Gold Livestock Natural Gas Oil Silver Soybeans Sugar Wheat
Forex Trading
Forex.com is a leading FX broker. The brand offers a wide range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.0 with a $7 commission per $100k.	Forex trading not offered
Forex App
Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.
GBPUSD Spread
1.0
EURUSD Spread
1.0
EURGBP Spread
1.0
Assets
80+
Cryptocurrency
Crypto trading not offered	tastytrade offers a small selection of cryptocurrencies, available to trade as long positions only. This includes Bitcoin, Ethereum, Litecoin and Dogecoin. But with a narrow suite of digital currencies, it isn't the best pick for high-volume crypto traders.
Spread
BTC 1.4%, ETH 2%	Variable
Coins
BTC BCH ETH LTC XRP	BTC ETH LTC DOGE
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
More Comparisons
Forex.com vs	tastytrade vs