All Share (J203) = 87 916
Rand / Dollar = 18.17
Rand / Pound = 23.51
Rand / Euro = 19.84
Gold (usd/oz) = 2 983.40
Platinum (usd/oz) = 1 008.60
Brent (usd/barrel) = 70.58
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

TastyWorks Demo Account

TastyWorks Demo Account Review

 

TastyWorks does not offer traders a Demo Account that mimics an actual live trading account.

 

TastyWorks At a Glance

 

Broker's Nametastyworks
🏛️ HeadquartersChicago, United States
📅 Year Founded2017
⚖️ Regulating AuthoritiesFINRA, NFA
🌐 Countries not accepted for tradeCanada
📌 Accounts The Works account
Individual account
Joint account
Retirement account
Corporate account
Trust account
International account
☪️ Islamic account (swap-free)No
📒 Demo AccountNo
✴️ Institutional AccountsYes
👨🏼‍💼 Managed AccountsYes
⬆️ Maximum LeverageNone
👉 Sign Up Bonus No
💰 Minimum DepositNone
💳Fees No Deposit or withdrawal fees
💳 Deposit OptionsACH
Cheque
Inter-broker transfers
Bank Wire Transfers
💳 Withdrawal OptionsACH
Cheque
Inter-broker transfers
Bank Wire Transfers
📊 Platform Typestastyworks web-based, desktop and mobile trading platform
📶 OS CompatibilityWindows, web browsers, iOS, and Android
📈 Tradable assets offeredStock options
Stocks
Futures
Micro Futures
Small Futures
💬 Languages supported on WebsiteEnglish
💬 Customer Support LanguagesEnglish
⏲️ Customer Service Hours24/5
🔎 Open an Account👉 Click Here

 

Overall Rating

4.4/5

Rated #593 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

📱 Trading Desk

Crypto

📈 Total Pairs

☪️ Islamic Account

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

📍 Choose your quick section of our TastyWorks below.

 

TastyWorks Demo Account – 6 key point quick overview:

 

  1. ✔️TastyWorks At a Glance
  2. ✔️TastyWorks Overview
  3. ✔️TastyWorks Customer Reviews
  4. TastyWorks Pros and Cons
  5. TastyWorks Conclusion
  6. Frequently Asked Questions

 

TastyWorks Overview

 

TastyWorks Trading

 

 

Tastyworks does not offer the option to open a demo account. The broker does, however, offer a monthly demonstration of how its in-house platform works.

 

Traders can log onto the broker’s website and join in a demonstration that last for about 45 minutes. They will be joined by other traders as well as support participants. There are usually limited spots available and to ensure a spot, traders are requested to register for the next available date. Dates are usually provided two months ahead.

 

Demo accounts serve the purpose of mimicking a live trading environment without traders risking their actual capital. Trading is conducted by using virtual money while simultaneously having access to all the financial instruments as with a live trading account.

 

Unfortunately, TastyWorks does not offer the option to open a demo account.

 

A demo account is also seen as a practice account since it provides traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.

 

Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and develop their own trading strategies.

 

Demo accounts are not merely intended only for beginners, but it provides more advanced traders with the opportunity to explore what a broker has to offer.

 

TastyWorks Customer Reviews

 

TastyWorks Trustpilot

 

Tastyworks is by far the best trading platform

Tastyworks is by far the best trading platform for anyone, novice or pro. I’ve been with them since their inception. Also, and of great importance, these days, is their support team. It is the most knowledgeable in the business. My question and concerns are answered quickly.

 

TastyWorks yellow stars

 

Incredible customer support, transparency
I have needed help on a few different things – PDT maintenance call, the platform, funding a second account, etc. Tastyworks’ customer service is incredible. They also went out of their way to explain why certain securities were set to close trades only.

 

TastyWorks Trustpilot green stars

 

I’d like to point out that I had a…
I’d like to point out that I had a question concerning interest that I thought was unfairly charged to my Tastyworks IRA. My email to their help desk received IMMEDIATE attention from Stephen who provided a clear and detailed explanation of what happened. He also provided even more detail to a follow-up question.
I know, from experience, that my other, much larger, the online broker would have taken at least 24 hours to research and respond.
Thank you.

TastyWorks Trustpilot green stars

 

TastyWorks Pros and Cons

 

✔️ Pros❌ Cons
Offers competitive feesClients from Canada not accepted
Offers margin and cash tradingNo demo account
Offers various account typesNo Islamic Account
Regulated through FINRA and NFANo MetaTrader 4
Offers competitive and attractive trading conditionsNo negative balance protection offered
Provides a 45-minute interactive demonstrationNot suitable for beginner traders
Does not indicate any overnight feesNo welcome bonus, deposit bonus, or sign-up bonus offered
Spreads are not chargedNo referral bonus offered
The proprietary trading platform offered across multiple devicesNo trading bonus for loyal customers
Demo account not provided
Commission charged are high
Does not support online payment processors
Multiple trading and non-trading fees
No forex, CFD or cryptocurrency trading

 

TastyWorks Conclusion

 

Overall, TastyWorks does not offer traders a Demo Account that mimics an actual live trading account.

 

You might also like: TastyWorks Account Types

You might also like: TastyWorks Review

You might also like: TastyWorks Fees and Spreads

You might also like: TastyWorks Minimum Deposit

You might also like: TastyWorks Sign Up Bonus

 

Overall Rating

4.4/5

Rated #593 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

📱 Trading Desk

Crypto

📈 Total Pairs

☪️ Islamic Account

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

Frequently Asked Questions

 

 

Can traders from South Africa open a Tastyworks demo account?

 

Traders from South Africa are allowed to trade with Tastyworks; however, the broker does not offer a demo account.

 

Is Tastyworks a good broker choice for beginners?

 

No, newcomers to trading might find Tastyworks intimidating. This broker is best suited for experienced options, futures and stock traders.

 

Which live trading accounts does Tastyworks offer?

  • The Works
  • Individual Account
  • Joint Account
  • Retirement Account
  • Corporate Account
  • Trust Account
  • International Account

 

What are the available deposit currencies for a live trading account?

 

TastyWorks only have USD available as deposit currency. the following currencies available: USD.

 

Who designed TastyWorks?

 

The founders of thinkorswim designed Tastyworks and it was designed with sophisticated functionality for complicated strategies and options trades in mind.

 

Rate this post

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

August 8, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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