TastyWorks Review 2020

TastyWorks General Fees

• TastyWorks withdrawal fees varies on payment method
• TastyWorks does charge inactivity fees
• TastyWorks does charge deposit fees

Broker	tastyworks	eToro	XTB	Pepperstone
Min Deposit	0	200	0	200
Withdrawl Fees	varies	Yes	varies	No
Inactivity Fees		Yes	No	Yes
Deposit Fees		No	No	No
CFD Commission Fees		No	Yes	Yes

TastyWorks Commissions

• TastyWorks does charge commission on CFD instruments.

Trading on TastyWorks web platforms and other applications

TastyWorks offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

An TastyWorks IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

TastyWorks also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

TastyWorks Trading benefits :

• Low min deposit

TastyWorks Trading Accounts Offered :

• Demo account
• Standard account
• Islamic account

Can I try TastyWorks before I buy?

TastyWorks offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

TastyWorks withdrawl and funding methods.

TastyWorks offer the below funding payment methods. learn more about TastyWorks

• Credit cards

Broker	tastyworks	eToro	XTB	Pepperstone
Bank transfer	No	Yes	Yes	Yes
Credit Cards	Yes	Yes	Yes	Yes
Paypal	No	Yes	Yes	Yes
Skrill	No	Yes	Yes	Yes
Payoneer	No	Yes	Yes	Yes
Neteller	No	Yes	Yes	Yes

How can I start trading with TastyWorks?

When opening a trading account with TastyWorks, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on TastyWorks trading platforms here.

Performing trades with TastyWorks

TastyWorks allow you to execute a minimum of trade of $5.00. This may vary depending on the account you open. TastyWorks allow you to execute a maxium trade of varies.

As a market maker, TastyWorks may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at TastyWorks

To trade effectively with TastyWorks, it's important to get a have a good understanding of the TastyWorks trading tools and the markets.

TastyWorks offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with TastyWorks.

Take time to look around the TastyWorks platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at TastyWorks

TastyWorks support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

TastyWorks have a D grade support rating because because sometimes the response was slow or our query wasnt answered. TastyWorks less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at TastyWorks

We tested the TastyWorks live chat and it works well. We sent messages to TastyWorks livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.

We tested communicating with TastyWorks support in multiple languages in multiple countries. TastyWorks where able to resolve our customer issues.

Email Support at TastyWorks

We sent several emails to TastyWorks and answer times overall were excellent. The fastest response from TastyWorks was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with TastyWorks, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from TastyWorks.

Phone Support at TastyWorks

We called TastyWorks and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The TastyWorks phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual TastyWorks team by calling in varying languages. TastyWorks made an effort to make sure our queries were answered.

Overall the phone support from TastyWorks was okay.

See how TastyWorks Support Compares Against Other Brokers

Broker	tastyworks	eToro	XTB	Pepperstone
Support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support
Languages	English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian	English, German, Spanish, French, and Italian	English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish	English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Learn More	Visit TastyWorks	Visit eToro	Visit XTB	Visit Pepperstone
Risk Warning	Your capital is at risk	62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.	Your capital is at risk	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

What you will need to open an account with TastyWorks

As TastyWorks is regulated by Financial Industry Regulatory Authority (FINRA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

• A scanned colour copy of your passport, driving license or national ID
• A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore TastyWorks's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with TastyWorks you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://tastyworks.com/ on 12th August 2018.

TastyWorks review written by Andrew Blumer and Mark Hansen