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tastytrade

4.5(1.400 reviews)

Options broker built by traders for traders with innovative platform

SEC/FINRA RegulatedSince 2017
90
Trust Score
Excellent
Open Account Now

Ready in 2 minutes

* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

0 $
Min. Deposit
4
Instruments
SEC/FINRA
Regulation
3
Platforms

Key Features

Stocks

Stocks trading available

Options

Options trading available

Futures

Futures trading available

Crypto

Crypto trading available

tastytrade Desktop

Trading Platform

tastytrade Web

Trading Platform

tastytrade App

Trading Platform

Advantages

  • Specialized in options trading
  • Low options fees (capped)
  • Innovative trading platform
  • Extensive educational content (tastylive)
  • No minimum deposit

Disadvantages

  • Focused on US markets only
  • Not ideal for buy-and-hold investors
  • No forex trading

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Discover tastytrade and start your trading journey today.

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About tastytrade

tastytrade was founded in 2017 in Chicago and is a US broker specialized in options trading, regulated by the SEC and FINRA. The broker was created by the founders of thinkorswim and has quickly established itself as a leading platform for options traders. What makes tastytrade unique is its close connection with tastylive (formerly tastyworks), an educational network providing traders with free, practical knowledge about options strategies. The trading offering includes stocks, options, futures, and cryptocurrencies. The fee structure is particularly attractive: stock trading is free, and options contracts cost only $1 per contract with a cap of $10 per leg. The innovative platform offers advanced options analysis tools, visual strategy development, and probability-of-profit calculations. tastytrade clearly targets active options traders and strategy developers seeking a specialized environment for derivatives trading.

tastytrade FAQ

What is the minimum deposit at tastytrade?
tastytrade requires no minimum deposit. You can open an account with any amount. However, for margin accounts, a higher starting capital is recommended to utilize various options strategies.
How much do options contracts cost at tastytrade?
Options contracts at tastytrade cost $1 per contract, with fees capped at a maximum of $10 per leg. There are no fees when closing positions. Stock trading is completely free.
What makes the tastytrade platform special?
The tastytrade platform was specifically designed for options trading and offers unique tools such as the Curve analysis mode, probability-of-profit calculations, Follow feed for copying trades, and visual strategy development for complex options strategies.
Is tastytrade suitable for beginners?
tastytrade is best suited for traders who want to specialize in options trading. Thanks to the extensive educational content via tastylive, beginners can also learn, but the platform is primarily geared toward active options traders.
Strategies × Top Stocks

Popular Strategies to Try

Concrete example trades you can replicate after opening your account at tastytrade.

Tesla logo
Long Straddle
TSLA

Long Straddle · Tesla

Tesla Inc.

Highly volatile — no clear direction · highly volatile mover

IV 5095%View example trade
NVIDIA logo
Long Straddle
NVDA

Long Straddle · NVIDIA

NVIDIA Corporation

Highly volatile — no clear direction · volatile stock

IV 4080%View example trade
Apple logo
Covered Call
AAPL

Covered Call · Apple

Apple Inc.

Neutral to mildly bullish · calm stock

IV 2032%View example trade
SAP logo
Covered Call
SAP

Covered Call · SAP

SAP SE

Neutral to mildly bullish · calm stock

IV 1830%View example trade
Amazon logo
Cash-Secured Put
AMZN

Cash-Secured Put · Amazon

Amazon.com Inc.

Neutral to mildly bullish · medium-volatility stock

IV 2542%View example trade
S&P 500 ETF logo
Iron Condor
SPY

Iron Condor · S&P 500 ETF

SPDR S&P 500 ETF

Neutral / Sideways · calm stock

IV 1222%View example trade
Nasdaq-100 ETF logo
Iron Condor
QQQ

Iron Condor · Nasdaq-100 ETF

Invesco QQQ ETF (Nasdaq-100)

Neutral / Sideways · calm stock

IV 1628%View example trade
Palantir logo
Bull Call Spread
PLTR

Bull Call Spread · Palantir

Palantir Technologies Inc.

Bullish · highly volatile mover

IV 5590%View example trade
MicroStrategy logo
Bull Call Spread
MSTR

Bull Call Spread · MicroStrategy

MicroStrategy Inc.

Bullish · highly volatile mover

IV 85160%View example trade
Coinbase logo
Bear Put Spread
COIN

Bear Put Spread · Coinbase

Coinbase Global Inc.

Bearish · highly volatile mover

IV 65120%View example trade
Microsoft logo
Butterfly Strategy
MSFT

Butterfly Strategy · Microsoft

Microsoft Corporation

Neutral — stock expected to stay near the center strike · calm stock

IV 1830%View example trade
NVIDIA logo
Bull Call Spread
NVDA

Bull Call Spread · NVIDIA

NVIDIA Corporation

Bullish · volatile stock

IV 4080%View example trade