Firstrade

4(600)

SEC/FINRA

tastytrade

4.5(1400)

SEC/FINRA

Firstrade vs tastytrade

Head-to-Head Comparison 2026

Our Verdict

tastytrade has a higher rating of 4.5/5 compared to Firstrade (4/5). Firstrade offers 5 instrument types, while tastytrade offers 4. Firstrade has been in the market since 1985, making it the more experienced provider.

Comparison Table

Criteria	Firstrade	tastytrade
Rating	4/5 (600 reviews)	4.5/5 (1400 reviews)✓
Regulation	SEC/FINRA	SEC/FINRA
Fees	$0 commission on stocks, ETFs and options	$0 stocks, $1 per options contract (max $10 per leg)
Min. Deposit	0 $	0 $
Instruments	Stocks, Options, ETFs, Mutual Funds, Bonds	Stocks, Options, Futures, Crypto
Platforms	Firstrade Web, Firstrade App	tastytrade Desktop, tastytrade Web, tastytrade App
Options Trading	Yes, commission-free	Yes, specialized in options
Founded	1985	2017
Headquarters	New York	Chicago

Detailed Comparison

Fee Comparison

Firstrade: $0 commission on stocks, ETFs and options. Minimum deposit: 0 $.

tastytrade: $0 stocks, $1 per options contract (max $10 per leg). Minimum deposit: 0 $.

Product Range

Firstrade (5 categories)

StocksOptionsETFsMutual FundsBonds

tastytrade (4 categories)

StocksOptionsFuturesCrypto

Trading Platforms

Firstrade

Firstrade Web
Firstrade App

tastytrade

tastytrade Desktop
tastytrade Web
tastytrade App

Regulation & Security

Firstrade is regulated by SEC/FINRA (HQ: New York).

tastytrade is regulated by SEC/FINRA (HQ: Chicago).

Who Is It For?

Firstrade

Commission-free US broker with options trading since 1985

✓ Completely commission-free trading

✓ Over 35 years of experience

✓ No minimum deposit

✗ Less advanced platform

✗ Limited research tools

tastytrade

Options broker built by traders for traders with innovative platform

✓ Specialized in options trading

✓ Low options fees (capped)

✓ Innovative trading platform

✗ Focused on US markets only

✗ Not ideal for buy-and-hold investors

Frequently Asked Questions

Is Firstrade or tastytrade cheaper?

Firstrade charges $0 commission on stocks, ETFs and options. tastytrade charges $0 stocks, $1 per options contract (max $10 per leg). The minimum deposit is 0 $ at Firstrade and 0 $ at tastytrade.

Which broker offers more products: Firstrade or tastytrade?

Firstrade offers Stocks, Options, ETFs, Mutual Funds, Bonds. tastytrade offers Stocks, Options, Futures, Crypto.

Which broker is better regulated?

Firstrade is regulated by SEC/FINRA. tastytrade is regulated by SEC/FINRA.

Is Firstrade or tastytrade better for beginners?

Firstrade has a minimum deposit of 0 $ and offers Firstrade Web, Firstrade App as platforms. tastytrade has a minimum deposit of 0 $ and offers tastytrade Desktop, tastytrade Web, tastytrade App. Firstrade has the lower entry barrier.

Firstrade vs tastytrade: Which broker is better overall?

The choice between Firstrade (4/5, 600 reviews) and tastytrade (4.5/5, 1400 reviews) depends on your needs. Firstrade: Commission-free US broker with options trading since 1985. tastytrade: Options broker built by traders for traders with innovative platform.

Firstrade

Commission-free US broker with options trading since 1985

Open Account →

From 0 $ min. deposit

tastytrade

Options broker built by traders for traders with innovative platform

Open Account →

From 0 $ min. deposit

Firstrade read review →tastytrade read review →