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 BalanceRateBase Rate +/-
$0 - $24,99911.00%Base Rate + 1.00%
$25,000 - $49,99910.50%Base Rate + 0.50%
$50,000 - $99,99910.00%Base Rate
$100,000 - $249,9999.50%Base Rate - 0.50%
$250,000 - $499,9999.00%Base Rate - 1.00%
$500,000 - $999,9998.50%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

Banking Fees
ACH Deposits & Withdrawals
FREE
Outgoing Domestic Wire
$25
Outgoing Foreign Wire
$45
Reorg Wire Fee
$25 minimum
ACH Notice of Correction
$5
Domestic Check
$5
Foreign Check
$10
Dividend Check
$5
Overnight Check Delivery - Domestic
$50
Overnight Check Delivery - International
$100
Returned Check / Wire / ACH / Recall
$30
Check Copies
$15
Stop Payment on Apex Issued Checks
$30
Outgoing ACAT Transfers
$75
Transfer and Ship Certificate
$235
Certificate Processing
$300 minimum
Certificate Processing Return
$100 minimum
Restricted Stock Processing
$205
IRA Closing Fee
$60
Annual IRA Maintenance Fee
FREE
Prepayment Fee
Greater of 0.2% or $20
Transfer on Death Account Transfer Fee
$50
Incoming & Outgoing DRS transfers
$115 per symbol
Trade-Related Fees
Option Exercise / Assignment
$5
Options Regulatory Fee
$0.01915 / contract
FINRA TAF 4 - Stock Sales
$0.000166 / share
FINRA TAF 4 - Option Sales
$0.00279 / contract
SEC Fee 5
$27.80 / $1,000,000 in sales
Clearing Fees - Equities
$0.0008 / share
Clearing Fees - Options
$0.10 / contract
Clearing Fees - Futures
$0.30 / contract
Clearing Fees - Warrants
$20 / transaction
Clearing Fees - Fractional Shares
$0.10 / transaction
NFA Fee
$0.02 / contract
Voluntary Corporate Actions (Reorg/Tender Offers)
$50
Warrant Exercise Fee
$50 / instruction
Treasury Bill Fee
$25 / transaction
Paper Confirms
$2 / confirm
Paper Monthly and Quarterly Statements
$5 / statement
Paper Tax Statements
$5 / statement
Paper Prospectus
$2.50 / mailing
Third Party Distribution Notification
$2
DTC Delivery
$25
Mutual Fund Liquidation
$20 / fund
Regulatory Fee on Equity and Options Sales5
(see below)
Non-Transferable Security Fee
$10 / mo. per security
ADR Fees 6

Single-Listed Exchange Proprietary Index Options Fees:

SymbolDescriptionFee Per Contract
SPXS&P 500 Index$0.65
RUTRussell 2000 Index$0.18
VIXCBOE Market Volatility Index$0.65
OEXS&P 100 Index (American-style exercise)$0.40
XEOS&P 100 Index (European-style exercise)$0.40
DJXDow Jones Industrial Average Index 1/100$0.18
XSPMini-SPX Index 7$0.00/$0.07
CBTXCboe Bitcoin U.S. ETF Index$0.25
MBTXCboe Mini Bitcoin U.S. ETF Index$0.50
Miscellaneous Fees
Overnight Domestic Mail
$50
Overnight International Mail
$100
Disclaimer
tastytrade reserves the right to modify any fees and pass-through any third party fees necessary to effectively manage your account without prior notice. If you have any questions, please send an email to customer support at support@tastytrade.com.

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.

  1. 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.
  2. 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.
  3. Applicable exchange, clearing, and regulatory fees still apply to all opening and closing trades.
  4. 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.
  5. 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.
  6. When trading American Depository Receipts (ADR), fees may apply and are passed through. 
  7. 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.

tastytrade, Inc. (“tastytrade”) does not provide investment, tax, or legal advice. tastytrade’s website and brokerage services are not intended for persons of any jurisdiction where tastytrade is not authorized to do business or where such products and other services offered by the tastytrade would be contrary to the securities regulations, futures regulations or other local laws and regulations of that jurisdiction. Options involve risk and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially significant losses. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Futures accounts are not protected by the Securities Investor Protection Corporation (SIPC). All customer futures accounts’ positions and cash balances are segregated by Apex Clearing Corporation. Futures and futures options trading is speculative and is not suitable for all investors. Please read the Futures & Exchange-Traded Options Risk Disclosure Statement prior to trading futures products.

Cryptocurrency transaction and custody services are powered by Zero Hash LLC and Zero Hash Liquidity Services LLC. Cryptocurrency assets are held and custodied by Zero Hash LLC, not tastytrade. Services may not be available in all states. Zero Hash LLC and Zero Hash Liquidity Services are licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. Cryptocurrency assets are not subject to Federal Deposit Insurance Corporation (FDIC) or Securities Investor Protection Corporation (SIPC) coverage. Cryptocurrency trading is not suitable for all investors due to the number of risks involved. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero.

tastytrade, Inc. was formerly known as tastyworks, Inc.

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