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Research checked 2026-10-18 · Unknown fields require verification.

US entity research scope. Residence and state-specific acceptance require verification; documentation does not establish individual eligibility.

Virtual funds: USD 10,000
Advertised virtual starting balance for the MT4 demo.

Expiry: Requires Verification
MT4 expiry and inactivity rules were not established by this page.

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Account conditions

Research checked
2026-10-18
Testing status
Not tested
Recorded virtual amount
10000
Recorded currency
USD
Expiry category
unknown
Evidence category
Documentation reviewed
Signup requirements
Official MT4 page contains a demo form requesting name, email and phone. No submission tested.
Notes and remaining checks
Requires Verification: expiry, inactivity, reset and residence eligibility. Published simulation limits do not establish live execution quality.
Research region codes
  • US
Research region code
US
Research region
United States
Record ID
tastyfx-mt4-us
Broker
tastyfx
Legal entity
tastyfx LLC
Research scope
US tastyfx LLC MT4 demo. Separate from its proprietary platform, IG UK CFDs and tastytrade securities.
Platform code
mt4
Platform
MetaTrader 4
Product
OTC Forex
Documented terms
Free MT4 practice with 80+ Forex pairs, Expert Advisors, and Windows, iOS and Android access advertised.
Balance reset or adjustment
Requires Verification: MT4 virtual balance reset or top-up procedure.
Live account or deposit
Free virtual-funds demo; no live deposit requested on the documented demo form.
What the evidence establishes
MT4-specific official documentation reviewed on 18 October. Entity-level live capacity evidence retains its 14 October review date. No account opened or trade tested.
Official information source
tastyfx US MetaTrader 4 demo account

Official entry route

Open demo account

Route type
demo-page
Notes and remaining checks
Official MT4-specific page contains the demo registration form. No submission tested.
Evidence status
Official entry route
Action label
Open demo account
Research checked
2026-10-18
Testing status
Not tested

Execution and demo realism

Contractual capacity and execution arrangement are separate. ECN/STP labels do not establish agency. Simulated fills do not verify live execution quality.

Scope
US MT4 demo. Live contractual capacity is entity-level evidence reviewed 14 October; MT4 simulation disclosure reviewed 18 October.
Testing status
Not tested
Contractual role
Finding
Principal
Evidence status
Documented
Notes and remaining checks
Section 04(4) explicitly states that tastyfx enters transactions as principal, not agent. The FDM disclosure identifies it as the US customer's dealer and counterparty.
Research checked
2026-10-14
Execution arrangement
Finding
OTC dealer quotes; liquidity from IG Markets and JP Morgan
Evidence status
Broker-reported
Notes and remaining checks
The contract describes tastyfx bid/ask quotes. Its September 2026 FDM disclosure names IG Markets Limited and JP Morgan as liquidity providers, with JP Morgan also a prime broker. This does not turn the customer contract into agency or establish one-for-one trade routing.
Research checked
2026-10-14
Demo realism
Finding
Simulation omits slippage and several live risk controls
Evidence status
Documented
Notes and remaining checks
The MT4 page excludes slippage, interest/dividend and out-of-hours adjustments. Orders may fail for insufficient opening funds, but are not rejected for size/price; positions are not forced closed for insufficient margin or running losses. No hands-on testing.
Research checked
2026-10-18
Research review
Research checked
2026-10-18
Review outcome
Separate MT4 demo established from its official page. Existing entity-level principal and liquidity-provider findings retained with original dates; MT4 simulation omissions documented separately.
Remaining checks
  • Requires Verification: MT4 expiry, inactivity and balance reset/top-up.
  • Requires Verification: residence/state eligibility and completed registration.
  • Requires Verification: actual demo fills, latency and limitations beyond the published disclosure.

Demo markets

Scope
US tastyfx MT4 Forex demo; excludes IG non-US CFD services, generic IG server inventories and separate tastytrade products.
Testing status
Not tested
Forex CFDs
Evidence status
Not offered
Notes and remaining checks
tastyfx describes its US markets as margin spot Forex, and its MT4 demo explicitly offers currency-pair practice. This is an OTC Forex demo, not a Forex-CFD offering; demo availability is unchanged.
Research checked
2026-10-19
Cryptocurrency CFDs
Evidence status
Not offered
Notes and remaining checks
The broker explicitly excludes cryptocurrency business in its US Forex-versus-crypto article. The marketed MT4 demo covers Forex; references to IG or generic crypto commentary do not establish a tastyfx crypto-CFD service.
Research checked
2026-10-19

API access

Evidence status
Requires Verification
Type
Requires Verification
Access route
Not established for this offering
Notes and remaining checks
API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.
Requirements
Confirm the account, platform and regional requirements with the broker.
Supporting sources

No supporting source recorded for this field.

Official documentation

No supporting source recorded for this field.

Research checked
Requires Verification
Testing status
Not tested

Entity and regulatory research

Requires Verification. No regulatory assessment has been completed for this record; this does not establish that the firm is unregulated.

Reading the evidence

Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.

Official sources

tastyfx LLC Customer Agreement, August 2026

Source owner: Broker

Research checked: 2026-10-14

Source locator: Section 04(3)-(4), page 3: quoted prices and principal capacity

Source access note: Current legal-hub link followed and PDF read; older June 2024 Contentstack agreement was not used as current contract.

Source ID: add-tastyfx-agreement

tastyfx LLC FDM business disclosure, September 2026

Source owner: Broker

Research checked: 2026-10-14

Source locator: Page 2: liquidity providers, OTC contracts and US customer counterparty

Source access note: Official page opened and read; no account opened, form submitted or trading tested.

Source ID: add-tastyfx-public

tastyfx: Forex vs Crypto

Source owner: Broker

Research checked: 2026-10-19

Source locator: Accessibility of assets explicitly excludes cryptocurrency business; How do you trade identifies the broker's product as spot Forex

Source access note: Official article originally dated 2 August 2022 opened and rechecked. Its explicit tastyfx exclusion is used; generic later prose about leveraged crypto is not treated as a tastyfx product offer.

Source ID: market-useu-tastyfx-crypto-exclusion-20261019

tastyfx US: MetaTrader 4 demo account

Source owner: Broker

Research checked: 2026-10-19

Source locator: Practice risk-free trading on MetaTrader 4: over 80 Forex pairs and virtual funds

Source access note: Official US MT4 demo page opened and read. Generic IG demo servers were not tested or substituted for tastyfx eligibility.

Source ID: market-useu-tastyfx-mt4-demo-20261019

tastyfx: Spot Currency Markets

Source owner: Broker

Research checked: 2026-10-19

Source locator: Spot Currency Markets heading and description; tastyfx LLC entity footer

Source access note: Current official US markets page opened and read; identifies margin spot-Forex product scope.

Source ID: market-useu-tastyfx-spot-20261019

tastyfx US MetaTrader 4 demo account

Source owner: Broker

Research checked: 2026-10-18

Source locator: MT4 demo registration, virtual balance, supported devices and demo versus live limitations

Source access note: Official page read. No registration submitted or trading tested.

Source ID: tastyfx-mt4-demo-20261018