FXCM vs tastytrade (2026): regulation, platforms and costs compared
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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
FXCM is a well-regarded forex broker that provides access to currency pairs on proprietary and third-party trading platforms, with market research, education, and risk management tools. It operates through regulated entities.
tastytrade provides forex trading through its tastyfx platform, offering access to a wide range of currency pairs on an intuitive interface with built-in tools and education. It delivers a focused, platform-driven forex…
FXCM (United Kingdom, founded 1999) holds 4 regulatory licences (ASIC, CySEC, FCA, FSCA), 2 of them tier-1, offers MT4, Proprietary, TradingView and sits in our low-fee bracket. tastytrade (United States, founded 2017) holds 2 regulatory licences (CFTC, NFA), 2 of them tier-1, offers Proprietary and sits in our medium-fee bracket. The two overlap in 53 countries; FXCM is available in 173 countries where tastytrade is not, and tastytrade in 3 where FXCM is not.
Verdict at a glance
FXCM leads on trust rank, track record, regulatory coverage, platform choice, instrument range, country coverage and fee level.
Level on tier-1 licences.
Scored on 8 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.
FXCM vs tastytrade: side-by-side data
Criteria
FXCM
tastytrade
Editorial rating
Not verified
9.1 / 10
Trust rank
#9
#22
Founded
1999
2017
Headquarters
United Kingdom
United States
Regulators
ASIC, CySEC, FCA, FSCA
CFTC, NFA
Broker type
STP
Market Maker
Platforms
MT4, Proprietary, TradingView
Proprietary
Instruments
Commodities, Cryptocurrencies, Forex, Indices
Forex
Countries accepted
226 countries
56 countries
Fee level
Low
Medium
Trading types
CFD Trading, Spot Trading
Spot Trading
Best-for use cases
Professional Trading, Retail Trading
Retail 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
FXCM
FCA- and ASIC-regulated; segregated client funds
NDD/STP agency execution; deep liquidity
Trading Station and MT4; advanced charting and order types
REST/FIX APIs and Python SDK; VPS support for algos
Higher costs per trade (exchange/clearing/NFA fees)
Fixed contract sizes; no micro-lot position sizing
Key features
FXCM
STP No Dealing Desk Forex Execution
Multi Asset Forex and CFD Trading
Trading Station MetaTrader 4 NinjaTrader and TradingView Integration
REST and FIX API and VPS for Algorithmic Trading
FCA ASIC and FSCA Regulation with Segregated Funds and Negative Balance Protection
Active Trader Account with Volume Based Pricing
tastytrade
CFTC and NFA regulated RFED via IG US LLC
Spot forex only no CFDs
US compliant leverage 50 to 1 majors 20 to 1 minors
Proprietary tastyfx platforms with advanced charting
Two factor authentication for account access
Spread only pricing with variable spreads
Country availability: FXCM vs tastytrade
Available at both (53): Andorra, Argentina, Austria, Bahrain, Brazil, Chile, Colombia, Czechia, Denmark, Dominican Republic, Ecuador, Egypt, Estonia, Finland, France, French Polynesia, Germany, Greece, Hungary, Iceland, Indonesia, Ireland, Isle of Man, Israel, Italy, Liechtenstein, Lithuania, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Oman, Peru, Philippines, Poland, Portugal, Romania, San Marino and 13 more.
Only FXCM (173): Afghanistan, Albania, Algeria, American Samoa, Angola, Anguilla, Antigua and Barbuda, Armenia, Aruba, Australia, Azerbaijan, Bahamas, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brunei, Bulgaria, Burkina Faso and 148 more.
Only tastytrade (3): Belgium, India, United States of America.
FXCM is in the lower fee bracket (low vs medium) in our catalogue.
Which is older, FXCM or tastytrade?
FXCM is the older of the two, founded in 1999; tastytrade was founded in 2017.
Are FXCM and tastytrade available in the same countries?
They overlap in 53 countries. FXCM is additionally available in 173 countries (Afghanistan, Albania, Algeria, American Samoa, Angola, Anguilla and 167 more) and tastytrade in 3 countries (Belgium, India, United States of America).
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.