Commissions & Fees
Options Commissions
Options On Stock
$1.00 / contract to open
$0.00 commission to close
All stock options trades incur a clearing fee of $0.10 per contract + regulatory fee.1,4
Equity option commission capped at $10 per leg.3
Options on Futures
$2.50 / contract to open
$0.00 commission to close
All futures options trades incur a clearing fee of $0.30 per contract + exchange fees + NFA fee.
Broad-Based Index Options
$1.00 / contract to open
$0.00 commission to close
All broad-based index options trades incur a clearing fee of $0.10 per contract + regulatory fee1,4 + Single-Listed Exchange Proprietary Index Options Fee (see table below).
Broad-based index options are excluded from the capped commission offer.
Options on Micro Futures
$1.50 / contract to open
$0.00 commission to close
All futures options trades incur a clearing fee of $0.30 per contract + exchange fees + NFA fee.
Stock Commissions
Stock
$0.00 commission to open
$0.00 commission to close
All stock trades incur a clearing fee of $0.0008 per share + regulatory fee.2,4
Fractional Shares
$0.00 commission to open
$0.00 commission to close
All fractional shares incur a clearing fee of $0.10 per transaction.
Futures Commissions
Futures
$1.25 / contract to open
$1.25 / contract to close
All futures trades incur a clearing fee of $0.30 per contract + exchange fees + NFA Fee.
Micro Futures
$0.85 / contract to open
$0.85 / contract to close
All futures trades incur a clearing fee of $0.30 per contract + exchange fees + NFA Fee.
To view a list of available futures contracts and exchange fees, please click here.
Crypto Commissions
Cryptocurrencies
$0.00 commission to open
$0.00 commission to open
Zero Hash receives a 35bp markup/markdown of the executed order price of which tastytrade receives 65%.
Margin Rates
| Debit Balance | Rate | Base Rate +/- |
|---|---|---|
| $0 - $24,999 | 11.00% | Base Rate + 1.00% |
| $25,000 - $49,999 | 10.50% | Base Rate + 0.50% |
| $50,000 - $99,999 | 10.00% | Base Rate |
| $100,000 - $249,999 | 9.50% | Base Rate - 0.50% |
| $250,000 - $499,999 | 9.00% | Base Rate - 1.00% |
| $500,000 - $999,999 | 8.50% | Base Rate - 1.50% |
| $1,000,000 + | 8.00% | Base Rate - 2.00% |
Base Rate = 10% as of October 1st, 2022. Subject to change without notice
Fees
Single-Listed Exchange Proprietary Index Options Fees:
| Symbol | Description | Fee Per Contract |
|---|---|---|
| SPX | S&P 500 Index | $0.65 |
| RUT | Russell 2000 Index | $0.18 |
| VIX | CBOE Market Volatility Index | $0.65 |
| OEX | S&P 100 Index (American-style exercise) | $0.40 |
| XEO | S&P 100 Index (European-style exercise) | $0.40 |
| DJX | Dow Jones Industrial Average Index 1/100 | $0.18 |
| XSP | Mini-SPX Index 8 | $0.00/$0.07 |
| CBTX | Cboe Bitcoin U.S. ETF Index | $0.50 |
| MBTX | Cboe Mini Bitcoin U.S. ETF Index | $0.25 |
Disclaimer
TASTYTRADE, INC. IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.
- Options exchanges assess an Options Regulatory Fee (referred to as the “ORF fee”) on options transactions executed by its member that clear in the customer range at Options Clearing Corporation (“OCC”) regardless of the marketplace of execution. The effective rate of the ORF fee is per contract with no minimum per trade. The total regulatory charge will be rounded up to the nearest penny. Please note Exchange Fees are subject to change.
- Per share fee charges may apply. Customers may pay additional market-related expenses incurred in connection with orders or related customer accounts, including cancellation fees, product specific fees, regulatory fees, and expenses associated with Make/Take fees.
- Applicable exchange, clearing, and regulatory fees still apply to all opening and closing trades.
- FINRA levies a Trading Activity Fee (TAF) for sales covered equity securities that tastytrade passes through to you. The FINRA TAF for stock is currently $0.000166 per share with a per-transaction cap of $8.30. The FINRA TAF for options sales is currently $0.00279 per contract.
- When you sell an equity or an option, a regulatory fee is included on your confirmation. tastytrade is required to pay this fee to the applicable regulatory agency based on the volume of securities sold. As of May 20, 2024, the sale of equity securities is $27.80 for every $1,000,000 in sales. tastytrade reserves the right to pass-through any additional regulatory or exchange transaction fees.
- 25 basis point spread markup up to $75 based on price.
- When trading American Depository Receipts (ADR), fees may apply and are passed through.
- XSP contract fees are as follows $0.00 for less than 10 contracts per leg and $0.07 for 10 contracts per leg or more.