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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
Trust rank #2 · Editorial rating 10 / 10 · Founded 1977
Interactive Brokers is a well-regarded forex broker providing broad access to currency pairs, advanced trading platforms, and research and risk management tools. It supports multi-asset trading and a wide range of order…
Read the Interactive Brokers reviewTrust rank #22 · Editorial rating 9.1 / 10 · Founded 2017
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…
Read the tastytrade reviewInteractive Brokers (United States, founded 1977) holds 15 regulatory licences (ASIC, CBI, CFTC, CIRO, CSSF…), 10 of them tier-1, offers Proprietary 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 56 countries; Interactive Brokers is available in 162 countries where tastytrade is not, and tastytrade in 0 where Interactive Brokers is not.
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.
| Criteria | Interactive Brokers | tastytrade |
|---|---|---|
| Editorial rating | 10 / 10 | 9.1 / 10 |
| Trust rank | #2 | #22 |
| Founded | 1977 | 2017 |
| Headquarters | United States | United States |
| Regulators | ASIC, CBI, CFTC, CIRO, CSSF, DFSA, FCA, FINRA, JFSA, MAS, MNB, NFA, SEBI, SEC, SFC | CFTC, NFA |
| Broker type | DMA | Market Maker |
| Platforms | Proprietary | Proprietary |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Forex |
| Countries accepted | 218 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.
Available at both (56): Andorra, Argentina, Austria, Bahrain, Belgium, Brazil, Chile, Colombia, Czechia, Denmark, Dominican Republic, Ecuador, Egypt, Estonia, Finland, France, French Polynesia, Germany, Greece, Hungary, Iceland, India, Indonesia, Ireland, Isle of Man, Israel, Italy, Liechtenstein, Lithuania, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Oman, Peru, Philippines, Poland, Portugal and 16 more.
Only Interactive Brokers (162): 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, Cabo Verde and 137 more.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
Interactive Brokers holds more regulatory licences: Interactive Brokers (ASIC, CBI, CFTC, CIRO, CSSF, DFSA, FCA, FINRA, JFSA, MAS, MNB, NFA, SEBI, SEC, SFC) versus tastytrade (CFTC, NFA). Tier-1 licences: Interactive Brokers 10, tastytrade 2.
Interactive Brokers offers Proprietary; tastytrade offers Proprietary.
Interactive Brokers is in the lower fee bracket (low vs medium) in our catalogue.
Interactive Brokers is the older of the two, founded in 1977; tastytrade was founded in 2017.
They overlap in 56 countries. Interactive Brokers is additionally available in 162 countries (Albania, Algeria, American Samoa, Angola, Anguilla, Antigua and Barbuda and 156 more) and tastytrade in 0 countries ().
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.