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HFM vs tastyfx 2026

BrokerNotes.co

Written by BrokerNotes.co

January 23, 2025
  Fact Checked

Trying to decide between HFM and tastyfx? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we've determined that, overall, HFM ranks more highly than tastyfx.

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Compare

0 of 5
Overall Rating HFM tastyfx
Overall Rating star 7.8 /10 star 9.9 /10
Offering of Investments star 7.5 /10 star 10 /10
Commissions & Fees star 7.5 /10 star 9.5 /10
Platform & Tools star 7.5 /10 star 10 /10
Research star 8.0 /10 star 10 /10
Mobile Trading star 7.5 /10 star 10 /10
Education star 7.0 /10 star 10 /10
Account Type HFM tastyfx
Islamic Account Yes No
Professional Account Yes No
VIP/Premium Account No Yes
Deposit/Withdrawal Options HFM tastyfx
Minimum Deposit $0 $1
Bank Wire (Deposit/Withdraw) Yes Yes
Credit card (Deposit/withdraw) Yes No
PayPal (Deposit/Withdraw) No No
Non-wire bank transfer (Deposit/Withdraw) No Yes
Copy Trading HFM tastyfx
Copy Trading Yes No
Cryptocurrency HFM tastyfx
Cryptocurrency (Underlying) No No
Cryptocurrency (CFDs) Yes No
Bitcoin (BTC) Yes No
Ethereum (ETH) Yes No
Forex Trading (Spot or CFDs) HFM tastyfx
Forex Trading (Spot or CFDs) Yes Yes
Indices (Index CFDs) HFM tastyfx
DAX Yes No
Dow Jones Yes No
FTSE Yes No
NASDAQ 100 Yes No
Nikkei Yes No
SP 500 Yes No
Investments HFM tastyfx
Forex Trading (Spot or CFDs) Yes Yes
Spread Betting No No
Copy Trading Yes No
Commodities: Silver Yes No
Commodities: Oil Yes No
Commodities: Agriculturals Yes No
ETF Yes No
U.S. Stocks (CFDs) Yes No
Trading Platforms HFM tastyfx
Apple iOS App Yes Yes
Android App Yes Yes
Proprietary Desktop Trading Platform Yes No
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) Yes Yes
Regulatory Licenses HFM tastyfx
Tier-1 Licenses 2 8
Australia (ASIC Authorised) No Yes
Canada (CIRO Authorised) No
Hong Kong (SFC Authorised) No
Japan (FSA Authorised) No Yes
Singapore (MAS Authorised) No Yes
Switzerland (FINMA Authorised)
United Kingdom (U.K.) (FCA Authorised) Yes Yes
USA (CFTC Authorized) No Yes
New Zealand (FMA Authorised) No Yes
Regulated in one or more EU or EEA countries (MiFID). Yes Yes
Tier-2 Licenses 3 2
Tier-3 Licenses 0 0
Research, Education HFM tastyfx
Trading Central No No
Forex News (Top-Tier Sources) Yes Yes
Daily Market Commentary (Articles) Yes Yes
Autochartist Yes Yes
Videos - Beginner Trading Videos Yes Yes
Trading Costs HFM tastyfx
Minimum Deposit $0 $1
Average spread (EUR/USD) - Spread-only account 1.8 1.15
All-in Cost EUR/USD - Raw spread account 1.1 0.95
Trading Tools HFM tastyfx
Charting - Indicators / Studies (Total) 38 37
Mobile Charting - Indicators / Studies 5 37
Trust Factors HFM tastyfx
Year Founded 2010 1974
Publicly Traded (Listed) No Yes
Bank No Yes
Regulated in one or more EU or EEA countries (MiFID). Yes Yes
Trust Score 85 99
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HFM vs tastyfx Comparison

Comparing forex brokers side by side is no easy task. Our research team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Trying to decide between HFM and tastyfx? Our independent database powered by our unbiased research will help you compare HFM vs tastyfx side-by-side.

What is Trust Score?

Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.

Can I trust HFM?

HFM has a Trust Score of 85, giving it a "Trusted" Trust Score Label.

Can I trust tastyfx?

tastyfx has a Trust Score of 99, giving it a "Highly Trusted" Trust Score Label.

Is HFM a good broker?

HFM is a trusted broker that offers an enhanced MetaTrader experience. Traders at HFM gain access to both MetaTrader 4 and MetaTrader 5 alongside third-party upgrades like Premium Trader Tools from FX Blue Labs and trading signals via the Autochartist plugin. HFM also offers its own proprietary copy trading platform, HFcopy, and a proprietary mobile trading platform, the HFM app. It's worth noting that you'll need to hold a Premium account with HFM to use the HFM app for trading.

Is tastyfx a good broker?

Tastyfx, IG’s new name for its US forex brand, delivers the same core experience that IG traders have grown to love. The name and logo have been refreshed, but this rebranded arm of IG’s forex business delivers the same platform experience, pricing structure, robust regulatory support, and powerful research. Simply put, tastyfx is an excellent choice for US-based forex traders seeking a trustworthy broker with a high-quality offering.

What Tier-1 jurisdictions is each broker regulated in?

Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. HFM holds regulatory licenses in the following Tier-1 jurisdictions: United Kingdom (U.K.) (FCA Authorised). tastyfx, on the other hand, is licensed in these Tier-1 regulatory jurisdictions: Australia (ASIC Authorised), Japan (FSA Authorised), Singapore (MAS Authorised), New Zealand (FMA Authorised), United Kingdom (U.K.) (FCA Authorised) and USA (CFTC Authorized). Neither have Canada (CIRO Authorised), Hong Kong (SFC Authorised), CBI Authorised (Ireland) and Switzerland (FINMA Authorised)

What Tier-2 jurisdictions is each broker regulated in? What about Tier-3?

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, both HFM and tastyfx are Cyprus (CySEC Authorised), South Africa (FSCA Authorised) and UAE (DFSA, FSRA, or CMA Authorised).. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised) and Thailand (SEC Authorised). When comparing tier-3 licenses HFM is Mauritius (FSC Authorised), while tastyfx is Bermuda (BMA Authorised).. Neither have Bahamas (SCB Authorised), Belize (FSC Authorised), British Virgin Islands (FSC Authorised), Cayman Islands (CIMA Authorised) and Vanuatu (VFSC Authorised).

Which broker offers more trading platforms?

Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that HFM offers a Proprietary Desktop Trading Platform and Desktop Platform (Windows), whereas tastyfx supports a Desktop Platform (Windows). Neither have cTrader, DupliTrade [DELETED] and ZuluTrade [DELETED]

Does HFM offer MetaTrader? Does tastyfx offer MetaTrader?

Both HFM and tastyfx offer the whole MetaTrader suite, which consists of both MetaTrader 4 and MetaTrader 5. If you’re new to MetaTrader 4 here’s our educational guide on how to use MT4.

How do HFM and tastyfx differ in terms of minimum deposit? What about average spreads and funding options?

HFM requires a minimum deposit of $0, while tastyfx requires a minimum deposit of $1. It's also important to ensure your broker accepts the funding options and deposit methods that work best for you. In our research, we've found that HFM supports Bank Wire (Deposit/Withdraw) and Skrill (Deposit/Withdraw) for funding and deposit methods, whereas tastyfx supports Bank Wire (Deposit/Withdraw). Neither have Visa/Mastercard (Credit/Debit) [DELETED] and PayPal (Deposit/Withdraw)

Which broker offers more tradeable asset classes, HFM or tastyfx?

When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that HFM delivers a more diverse selection of investment options than tastyfx, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Copy Trading, Commodities: Silver, Commodities: Oil, Commodities: Agriculturals, ETF and U.S. Stocks (CFDs). Neither have Spread Betting.

We also keep track of each broker’s total number of tradeable symbols; HFM offers 344, and tastyfx offers a total of 85 tradeable symbols.

Can I trade cryptocurrency with HFM or tastyfx?

Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither HFM nor tastyfx allow you to trade physical cryptocurrencies.

Who offers more research tools, HFM or tastyfx?

Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. We test each broker’s research offering to help you decide which broker is right for your technical or fundamental analysis needs. HFM delivers the following research tools: Autochartist, Daily Market Commentary (Articles), Forex News (Top-Tier Sources) and Copy Trading. tastyfx, on the other hand, provides the tools listed here: Autochartist, Daily Market Commentary (Articles) and Forex News (Top-Tier Sources). Neither have Stock Charts [DELETED] and Trading Central

Broker Reviews

Still looking for more information, read our broker reviews.

HFM Review

TastyFX Review

Overall winner: HFM

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announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.


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