Tastytrade (formerly Tastyworks) is built for options and futures traders with capped commissions and integrated tastylive content.
✓ Pros
- Capped options commissions ($10/leg max)
- Options-focused platform
- Free tastylive education
- Low futures pricing
✗ Cons
- Not ideal for buy-and-hold
- Limited research for stocks
- Steep learning curve
Fees & costs
- Min. deposit
- €$0
- Trading
- $0 voor aandelen & ETF's. Opties: $1/contract (capped $10/leg) bij openen, $0 bij sluiten. Futures: $1/contract (standaard) of $0.75/contract (micro). Opties op futures: $1.25 (standaard) / $0.75 (micro) per contract.
- Stock fee
- $0
- Spread
- N/A (options-focused, no spread markup)
- Deposits
- Free
- Withdrawals
- Free
- Inactivity
- None
Platforms & features
✓
Tastyworks Platform
Purpose-built platform for options and futures trading
✓
Mobile App
Full-featured iOS and Android trading apps
✓
Capped Commissions
Options capped at $10 per leg, closing trades free
✓
tastylive Integration
Live trading shows and education integrated into platform
✓
Follow Feature
Copy trades from successful traders
✓
Crypto Trading
Trade Bitcoin and other cryptocurrencies
✗
Paper Trading
Practice with virtual money
Who this fits best
✓ Options traders✓ Active traders✓ derivatives_traders
Note: not ideal for buy-and-hold.
Account opening steps
- 1.
Start Application
Visit tastytrade.com and click 'Open Account' to begin
- 2.
Provide Information
Enter your SSN, date of birth, and trading experience
- 3.
Options Approval
Request options trading approval based on your experience level
- 4.
Fund Account
Transfer funds via ACH or wire transfer
- 5.
Start Trading
Access the tastyworks platform and start trading options and futures
Frequently asked
What is Tastytrade's commission structure?
Tastytrade charges $1 per options contract (capped at $10 per leg), with closing trades free. Stock trades are $0, and futures are $1.25 per contract.
Is Tastytrade the same as Tastyworks?
Yes, Tastyworks rebranded to Tastytrade in 2023 to align with the tastylive media brand. The platform and services remain the same.
What is tastylive?
tastylive (formerly tastytrade) is a free financial media network with live trading shows, educational content, and market analysis, all integrated into the Tastytrade platform.
Is Tastytrade good for beginners?
Tastytrade is best for traders who want to learn options trading. The platform has a learning curve, but tastylive provides extensive free education.
Does Tastytrade offer paper trading?
No, Tastytrade does not offer a paper trading or demo account. You need to trade with real money.
Can I trade futures on Tastytrade?
Yes, Tastytrade offers futures trading at $1.25 per contract, including micro futures and cryptocurrency futures.
What makes Tastytrade different from other brokers?
Tastytrade is built specifically for options traders with capped commissions, free closing trades, integrated education via tastylive, and a Follow feature to copy successful traders.