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

Advertiser disclosure: some links on this page may be affiliate links, meaning BrokerCatalogue may earn a commission if you open an account. This never affects the data shown here, which is drawn from our catalogue and compared mechanically. How we make money.

Data refreshed 25 Sep 2026 · Compiled by David Ispiryan

OANDA

Trust rank #19 · Founded 1996

OANDA is a well-regarded, regulated forex broker offering broad access to major currency pairs through intuitive web and mobile trading platforms. It provides order execution, research, charting, and educational resources, with products…

Read the OANDA 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

OANDA (Canada, founded 1996) holds 13 regulatory licences (ASIC, BVI FSC, CFTC, CIRO, FCA…), 7 of them tier-1, offers MT4, Proprietary, TradingView 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. The two overlap in 1 countries; OANDA is available in 52 countries where tastyfx is not, and tastyfx in 0 where OANDA is not.

Verdict at a glance

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

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.

OANDA vs tastyfx: side-by-side data

CriteriaOANDAtastyfx
Editorial ratingNot verified10 / 10
Trust rank#19#6
Founded19962019
HeadquartersCanadaUnited States
RegulatorsASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFACFTC, NFA
Broker typeMarket MakerMarket Maker
PlatformsMT4, Proprietary, TradingViewProprietary
InstrumentsCommodities, Forex, Indices, MetalsForex
Countries accepted53 countries1 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingSpot Trading
Best-for use casesProfessional 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

OANDA

  • Multi-jurisdiction top-tier regulation (CFTC/NFA, FCA, IIROC, ASIC, MAS)
  • Accepts US clients
  • No minimum deposit; flexible position sizing (1-unit trades)
  • Core Pricing + Commission option
  • Free REST/Streaming API; TradingView integration

tastyfx

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

Cons

OANDA

  • Higher average spreads than ECN brokers
  • No MetaTrader 5 support
  • No guaranteed stop-loss orders
  • Inactivity fee after 12 months
  • CFDs not available in the US

tastyfx

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

Key features

OANDA

  • Forex and CFD Trading
  • Top Tier Regulation
  • MT4 and TradingView Platforms
  • REST API and Algorithmic Trading
  • Client Sentiment and Order Book Tools
  • Flexible Unit Based Position Sizing

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: OANDA vs tastyfx

Available at both (1): United States of America.

Only OANDA (52): American Samoa, Australia, Austria, Belgium, Bulgaria, Canada, Chile, Christmas Island, Cocos (Keeling) Islands, Colombia, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Guam, Hong Kong, Hungary, Indonesia, Ireland, Italy and 27 more.

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

OANDA vs tastyfx: common questions

Which broker is more regulated, OANDA or tastyfx?

OANDA holds more regulatory licences: OANDA (ASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFA) versus tastyfx (CFTC, NFA). Tier-1 licences: OANDA 7, tastyfx 2.

Which trading platforms do OANDA and tastyfx offer?

OANDA offers MT4, Proprietary, TradingView; tastyfx offers Proprietary.

Which has lower fees, OANDA 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, OANDA or tastyfx?

OANDA is the older of the two, founded in 1996; tastyfx was founded in 2019.

Are OANDA and tastyfx available in the same countries?

They overlap in 1 countries. OANDA is additionally available in 52 countries (American Samoa, Australia, Austria, Belgium, Bulgaria, Canada and 46 more) and tastyfx in 0 countries ().

Keep comparing

OANDA

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.