Commissions & Fees
Commission
Options On Stock1
$1.00 / contract to open
$0.00 commission to close
All stock options trades incur a clearing fee of $0.10 per contract
Equity option commission capped at $10 per leg. More
Stock2
$0.00 commission to open
$0.00 commission to close
All stock trades incur a clearing fee of $0.0008 per share
Fractional Shares
$0.00 commission to open
$0.00 commission to close
All fractional shares incur a clearing fee of $0.10 per transaction.
Cryptocurrencies
1% of total crypto purchase to open
1% of total crypto sale to close
Cryptocurrency commissions capped at $10, per order ticket.
Options on Futures3
$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.
CME Event Contract Futures Options
$0.50 / contract to open
$0.00 commission to close
All CME event contract futures options trades incur a clearing fee of $0.05 per contract + exchange fees + NFA fee.
Options on Micro Futures3
$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.
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
Smalls Futures
$0.25 / contract to open
$0.25 / contract to close
All smalls futures trades incur a clearing fee of $0.05 per contract + exchange fees + NFA Fee.
To view a list of available smalls futures contracts and exchange fees, please click here
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 7 | $0.00/$0.04 |
Disclaimer
- 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.
- Exchange, clearing and regulatory Fees.
- 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 $0.000145 per share with a per-transaction cap of $7.27. The FINRA TAF for options sales is currently $0.00244 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 Feb 27 2023, the sale of equity securities is $8.00 for every $1,000,000 in sales. tastytrade reserves the right to pass-through any additional regulatory or exchange transaction fees.
- 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 $0.04 for 10 contracts per leg or more.