FP Markets vs tastyfx (2026): regulation, platforms and costs compared

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Data refreshed 25 Sep 2026 · Compiled by David Ispiryan

FP Markets

Trust rank #23 · Editorial rating 9 / 10 · Founded 2005

FP Markets is a well-regarded forex broker providing access to currencies and CFDs on popular platforms, supported by research tools and education. It offers broad market coverage, platform choice, and multilingual customer…

Read the FP Markets review

tastyfx

Trust rank #6 · Editorial rating 10 / 10 · Founded 2019

Tastyfx is a Commodity Futures Trading Commission ("CFTC") registered Retail Foreign Exchange Dealer (RFED) and Introducing Broker (IB) and Forex Dealer Member (FDM) of the National Futures Association ("NFA"). Review its fees,…

Read the tastyfx review

FP Markets (Australia, founded 2005) holds 4 regulatory licences (ASIC, CMA, CySEC, FSCA), 1 of them tier-1, offers cTrader, MT4, MT5 and sits in our low-fee bracket. tastyfx (United States, founded 2019) holds 2 regulatory licences (CFTC, NFA), 2 of them tier-1, offers Proprietary and sits in our low-fee bracket.

Verdict at a glance

  • FP Markets leads on track record, regulatory coverage, platform choice, instrument range and country coverage.
  • tastyfx leads on editorial rating, trust rank and tier-1 licences.
  • Level on fee level.

Scored on 9 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

FP Markets vs tastyfx: side-by-side data

CriteriaFP Marketstastyfx
Editorial rating9 / 1010 / 10
Trust rank#23#6
Founded20052019
HeadquartersAustraliaUnited States
RegulatorsASIC, CMA, CySEC, FSCACFTC, NFA
Broker typeDMA, ECN, STPMarket Maker
PlatformscTrader, MT4, MT5Proprietary
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsForex
Countries accepted225 countries1 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingSpot Trading
Best-for use casesCopy Trading, Professional Trading, Retail TradingRetail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

FP Markets

  • ASIC & CySEC regulated
  • Raw ECN spreads from 0.0 pips
  • Fast execution and deep liquidity
  • MT4/MT5 platforms with EAs, hedging & scalping
  • Low commissions on RAW account

tastyfx

  • Competitive spreads and commissions, advanced trading platforms, strong regulatory oversight, educational resources, responsive customer support.

Cons

FP Markets

  • No negative balance protection across all entities
  • No investor compensation scheme (ASIC clients)
  • IRESS platform and market data fees
  • Withdrawal fees on international bank wires/selected methods
  • Not available to US residents

tastyfx

  • U.S.-only client eligibility
  • Forex-only product scope
  • No MT4/MT5 or cTrader support
  • Leverage capped at 50:1

Key features

FP Markets

  • Multi asset Forex and CFD trading on MT4 MT5 cTrader and Iress
  • ECN raw spreads deep liquidity and low latency execution
  • ASIC and CySEC regulated with segregated client funds
  • Advanced trading tools Autochartist VPS and copy trading
  • MAM PAMM accounts for portfolio management
  • Direct market access share CFDs via Iress

tastyfx

  • CFTC and NFA regulated via IG US LLC
  • Spot forex trading across major minor and exotic pairs
  • Advanced web and mobile platforms with pro charting indicators and one click trading
  • Spread only pricing with competitive spreads and no commissions
  • Risk management tools including stop limit and trailing stop orders and price alerts
  • Integrated research economic calendar and tastylive education

Country availability: FP Markets vs tastyfx

Only FP Markets (225): Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina and 200 more.

Only tastyfx (1): United States of America.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

FP Markets vs tastyfx: common questions

Which broker is more regulated, FP Markets or tastyfx?

FP Markets holds more regulatory licences: FP Markets (ASIC, CMA, CySEC, FSCA) versus tastyfx (CFTC, NFA). Tier-1 licences: FP Markets 1, tastyfx 2.

Which trading platforms do FP Markets and tastyfx offer?

FP Markets offers cTrader, MT4, MT5; tastyfx offers Proprietary.

Which has lower fees, FP Markets or tastyfx?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, FP Markets or tastyfx?

FP Markets is the older of the two, founded in 2005; tastyfx was founded in 2019.

Are FP Markets and tastyfx available in the same countries?

They overlap in 0 countries. FP Markets is additionally available in 225 countries (Albania, Algeria, American Samoa, Andorra, Angola, Anguilla and 219 more) and tastyfx in 1 countries (United States of America).

Keep comparing

FP Markets

tastyfx

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.