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Data refreshed 25 Sep 2026 · Compiled by David Ispiryan
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
Trust rank #26 · Founded 2009
XM is a well-regarded forex and CFD broker providing online access to multiple markets on widely used platforms, along with research tools, education, and multilingual support.
Read the XM reviewtastyfx (United States, founded 2019) holds 2 regulatory licences (CFTC, NFA), 2 of them tier-1, offers Proprietary and sits in our low-fee bracket. XM (Cyprus, founded 2009) holds 5 regulatory licences (ASIC, CySEC, DFSA, FCA, IFSC), 2 of them tier-1, offers MT4, MT5 and sits in our low-fee bracket.
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.
| Criteria | tastyfx | XM |
|---|---|---|
| Editorial rating | 10 / 10 | Not verified |
| Trust rank | #6 | #26 |
| Founded | 2019 | 2009 |
| Headquarters | United States | Cyprus |
| Regulators | CFTC, NFA | ASIC, CySEC, DFSA, FCA, IFSC |
| Broker type | Market Maker | Market Maker, STP |
| Platforms | Proprietary | MT4, MT5 |
| Instruments | Forex | Commodities, Forex, Indices, Metals |
| Countries accepted | 1 countries | 229 countries |
| Fee level | Low | Low |
| Trading types | Spot Trading | CFD Trading, Spot Trading |
| Best-for use cases | Retail Trading | Professional 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.
Only tastyfx (1): United States of America.
Only XM (229): Afghanistan, 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 and 204 more.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
XM holds more regulatory licences: tastyfx (CFTC, NFA) versus XM (ASIC, CySEC, DFSA, FCA, IFSC). Tier-1 licences: tastyfx 2, XM 2.
tastyfx offers Proprietary; XM offers MT4, MT5.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
XM is the older of the two, founded in 2009; tastyfx was founded in 2019.
They overlap in 0 countries. tastyfx is additionally available in 1 countries (United States of America) and XM in 229 countries (Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola and 223 more).
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.