PricingtastytradeTD AmeritradeSchwabE*TRADEFidelity

Broker Assisted Trade

$0

$25

$25

$25

$32.95

Options
Capped Options
Commission

-

-

-

-

25 Put/Calls
(50 Total Contracts)

$15.001

$32.502

$32.502

$32.502

$32.502

25 Verticals
(100 Total Contracts)

$30.001

$65.002

$65.002

$65.002

$65.002

25 Iron Condors
(200 Total Contracts)

$60.001

$130.002

$130.002

$130.002

$130.002

Crypto
Capped Crypto
Commissions

-

-

-

-

Crypto Commission

1% to open
1% to close

-

-

-

1% Spread
Margin

Margin Rates

(For Debit Balance of $50,000 - $99,999)

10%*

13.25%

11.50%

11.45%

12.175%

Broker Assisted Trade

tastytrade

$0

TD Ameritrade

$25

Schwab

$25

E*TRADE
$25
Fidelity

$32.95

Options
Capped Options
Commission
tastytrade
TD Ameritrade

-

Schwab

-

E*TRADE

-

Fidelity

-

25 Put/Calls
(50 Total Contracts)
tastytrade

$15.001

TD Ameritrade

$32.502

Schwab

$32.502

E*TRADE

$32.502

Fidelity

$32.502

25 Verticals
(100 Total Contracts)
tastytrade

$30.001

TD Ameritrade

$65.002

Schwab

$65.002

E*TRADE

$65.002

Fidelity

$65.002

25 Iron Condors
(200 Total Contracts)
tastytrade

$60.001

TD Ameritrade

$130.002

Schwab

$130.002

E*TRADE

$130.002

Fidelity

$130.002

Crypto
Capped Crypto
Commissions
tastytrade
TD Ameritrade

-

Schwab

-

E*TRADE

-

Fidelity

-

Crypto Commission

tastytrade
1% to open
1% to close
TD Ameritrade

-

Schwab

-

E*TRADE

-

Fidelity
1% Spread
Margin

Margin Rates

(For Debit Balance of $50,000 - $99,999)

tastytrade

10%*

TD Ameritrade

13.25%

Schwab

11.50%

E*TRADE

11.45%

Fidelity

12.175%

TechnologytastytradeTD AmeritradeSchwabE*TRADEFidelity

Research Data & Analytics

Portfolio Risk Analysis

-

Open API

-

-

Preset Watchlist

-

-

-

Liquidity Rating Indicator

-

-

-

-

Automatic P/L Tracking of Rolled Options

-

-

-

-

Research Data & Analytics

tastytrade
TD Ameritrade
Schwab
E*TRADE
Fidelity

Portfolio Risk Analysis

tastytrade
TD Ameritrade
Schwab

-

E*TRADE
Fidelity

Open API

tastytrade
TD Ameritrade
Schwab

-

E*TRADE
Fidelity

-

Preset Watchlist

tastytrade
TD Ameritrade
Schwab

-

E*TRADE

-

Fidelity

-

Liquidity Rating Indicator

tastytrade
TD Ameritrade

-

Schwab

-

E*TRADE

-

Fidelity

-

Automatic P/L Tracking of Rolled Options

tastytrade
TD Ameritrade

-

Schwab

-

E*TRADE

-

Fidelity

-

Data is updated as of June 15, 2023

THE PLATFORM MADE FOR SERIOUS TRADING

Build the portfolio you've been dreaming of, taking it from idea to execution.

ProducttastytradeTD AmeritradeSchwabE*TRADEFidelity

Options

U.S. Stocks & ETFs
Futures

-

Options on Futures

-

Cryptocurrency3

-

-

-

Options

tastytrade
TD Ameritrade
Schwab
E*TRADE
Fidelity
U.S. Stocks & ETFs
tastytrade
TD Ameritrade
Schwab
E*TRADE
Fidelity
Futures
tastytrade
TD Ameritrade
Schwab
E*TRADE
Fidelity

-

Options on Futures

tastytrade
TD Ameritrade
Schwab
E*TRADE
Fidelity

-

Cryptocurrency3

tastytrade
TD Ameritrade
-
Schwab

-

E*TRADE

-

Fidelity
AccesstastytradeTD AmeritradeSchwabE*TRADEFidelity

Real-time streaming quotes

Free4

FreeFreeFreeFree

Streaming news provider

In-platform live video stream

Trading platform on desktop, web, mobile, android, iOS, and iPad

Portfolio Margin5

Fractional Trading6

-

-

Futures in your IRA7

-

-

-

Real-time streaming quotes

tastytrade

Free4

TD Ameritrade
Free
Schwab
Free
E*TRADE
Free
Fidelity
Free

Streaming news provider

tastytrade
TD Ameritrade
Schwab
E*TRADE
Fidelity

In-platform live video stream

tastytrade
TD Ameritrade
Schwab
E*TRADE
Fidelity

Trading platform on desktop, web, mobile, android, iOS, and iPad

tastytrade
TD Ameritrade
Schwab
E*TRADE
Fidelity

Portfolio Margin5

tastytrade
TD Ameritrade
Schwab
E*TRADE
Fidelity

Fractional Trading6

tastytrade
TD Ameritrade

-

Schwab
E*TRADE

-

Fidelity

Futures in your IRA7

tastytrade
TD Ameritrade
Schwab
-
E*TRADE

-

Fidelity

-

Data is updated as of June 15, 2023

YOU CAN COUNT ON US. BECAUSE TRADERS TRUST US.

*Data as of 01/29/2024. Source: Trustpilot

Tastytrade

TrustScore 4.3

Schwab

TrustScore 1.5

TD Ameritrade

TrustScore 1.4

E*Trade

TrustScore 1.4

Fidelity

TrustScore 1.4

You Deserve A Better Broker


Low Rates
$1 per stock option contract to open and $0 to close8

Inspiration
See how industry innovators are trading in the moment, right inside the platform.

Technology
A fast, easy-to-use, reliable platform with real-time quotes and advanced risk analysis tools.

Support
No scripts. No upsells. Fewer transfers. Our expert trade desk has decades of combined experience.


tastytrade logo


tastytrade is a registered broker-dealer and member of FINRA, NFA, and SIPC.
tastytrade, Inc. was formerly known as tastyworks, Inc.


*Base Rate = 10% as of October 1st, 2022. Subject to change without notice.

1 Regulatory fees still apply. For a complete list of all fees, please click here. All futures options and the following index products are excluded from the capped commission offer: SPX, RUT, VIX, OEX, XEO, DJX, and XSP. Certain complex options strategies carry additional risk.

2 Commission comparison based on opening and closing online U.S. equity option trades at the published website commission schedules for retail accounts, as of 6/15/2023, for E*Trade, Fidelity, Schwab, and TD Ameritrade. Supporting documentation for any claims, if applicable, will be furnished upon request.

 

3zero_hash.svg

Cryptocurrency trading provided by Zero Hash Liquidity Services LLC and cryptocurrency custody provided by Zero Hash LLC.

4 In order to receive free real time streaming quotes at tastytrade, the account must be funded in any amount and the account owner(s) must be classified as non-professional in the securities and futures business.

5 Trading in a Portfolio Margin account can substantially increase leverage. However, such increased leverage can significantly increase the risk of loss.

6 To learn more about trading or investing in fractional shares at tastytrade, please see here.

7 Futures are not suitable for all investors and may expose your IRA to rapid and substantial losses. Trading permissions are subject to suitability and approval.

8 Exchange, clearing, and regulatory fees still apply for all opening and closing trades.

Data was collected from publicly available information as of 06/15/2023. Although tastytrade reviews for accuracy periodically, we cannot guarantee the accuracy of the information as it belongs to third parties and can change at any time. If applicable, supporting documentation for any claims will be furnished upon request.


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. 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.

Copyrights, logos, and trademarks are property of tastytrade, Inc. All rights reserved. tastytrade, Inc., member
FINRA | SIPC | NFA