tastyfx, the US-based brand of FX and CFD brokerage IG, rolled out a new Prime account targeting professional traders, offering 6% annual percentage yields on cash deposits through November alongside reduced trading costs for high-volume clients.

tastyfx Launches Prime Accounts for High-Volume Traders

The accounts require minimum deposits of $50,000 and monthly trading volumes of at least $10 million to qualify for the promotional interest rate, which runs through November 30. After the introductory period, the standard rate is 4% on the first $500,000 and 2% on amounts above that.

tastyfx, which rebranded from IG US last year, positions itself as America's fastest-growing FX broker based on three-year client asset growth reported to the Commodity Futures Trading Commission (CFTC). The company, formerly known as IG US, operates under IG North America alongside the tastytrade brokerage platform.

Moreover, the company posted record revenue of $50.9 million in the third quarter of fiscal year 2025, marking an increase of about 30 percent compared with the same period a year earlier.

Timing Coincides With Fed Policy Shift

The launch comes as the Federal Reserve (Fed) prepares for its September 17 meeting, where markets are pricing in more than 90% odds of the first interest rate cut this cycle. That shift could create more volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term in currency markets after what CEO Pete Mulmat described as a “quiet period” in the first half of 2025.

“FX markets saw a quiet period during the first half of the year as the Fed held rates when cuts were expected,” Mulmat said. “With more than a 90% chance of the Fed's first cut coming September 17th, tastyfx Prime is launching at a time where there could be great uncertainty for dollar-based exchange rates.”

A 6% rate on idle cash, although promotional, stands out against competitors that usually offer around 2 to 3%. Two years ago, XTB offered its clients up to 5% on cash deposits, though this was also a promotional rate. It is worth noting that IG’s parent company offered investors in its home market much more in May, 8.5%. The difference most likely stems from the gap between interest rates set by the Federal Reserve and the Bank of England.

Enhanced Trading Terms Target Active Clients

Beyond the promotional yield, Prime account holders get access to spreads up to 44% tighter than tastyfx’s standard rates, plus 15% cashback on spread costs. The company estimates a $500,000 deposit would generate $4,775 in interest income by November 30 if made today.

Prime clients also receive dedicated account managers for personalized support and strategy guidance. The accounts operate without additional commission charges on top of spread-based pricing.

tastyfx targets what it calls “sophisticated traders” who are drawn to forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term markets amid ongoing interest rate volatility. The company operates as a retail foreign exchange dealer under CFTC regulation, with parent IG Group Holdings trading on the London Stock Exchange (LSE: IGG).