Pricing & Fees

Rates made for traders. See how we compare to other brokers. And check out our Commissions and Fees for the complete list.

Opening Commission*Closing Commission*
Options on
Stock & ETFs($10 max per leg)

$1.00per contract
($10 max per leg)

$0

Options on
Futures

$2.50per contract

$0

Options on
Micro Futures

$1.50per contract

$0

Stock & ETFs

$0unlimited shares

$0

Futures

$1.25per contract

$1.25per contract

Micro Futures

$0.85per contract

$0.85per contract

Smalls Futures

$0.25per contract

$0.25per contract

Smalls Futures
Options

$0.50per contract

$0

Cryptocurrency($10 max)

1%of total crypto purchase

1%of total crypto sale

* Applicable exchange, clearing, and regulatory fees still apply to all opening and closing trades except for cryptocurrency orders which are not subject to exchange, clearing, and regulatory fees.

Capped Commissions

Our commissions are capped at $10 per leg for all opening listed equity option trades, and $10 for all opening and closing cryptocurrency trades.**

Here’s how that can really work for you!

Opening Commission**To Close
20 Puts / Callssingle leg

$20

$10

$0

20 Verticalstwo legs

$40

$20

$0

20 Iron Condorsfour legs

$80

$40

$0

$2,000 crypto

$20

$10

$10

$4,000 crypto

$40

$10

$10

$8,000 crypto

$80

$10

$10

** Exchange, clearing, and regulatory fees still apply for all opening and closing equity options trades. All futures options and the following index products are excluded from this offer: SPX, RUT, VIX, OEX, XEO, DJX, and XSP. Applicable opening and closing commissions apply to all cryptocurrency trades.

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

Apples to Apples

Okay. You want the bottom line. What are the commission costs for you to open and close an equity option trade at tastytrade compared to other major brokers? Well, have a look…

50 Puts/Calls(100 total contracts)50 Verticals(200 total contracts)50 Iron Condors(400 total contracts)
tastytrade1$20.00$40.00$80.00
E*TRADE2$65.00$130.00$260.00
Fidelity2$65.00$130.00$260.00
Interactive Brokers2$65.00$130.00$260.00
Schwab2$65.00$130.00$260.00

50 Puts

(100 total contracts)

tastytrade1
$20.00
E*TRADE2
$65.00
Fidelity2
$65.00
Interactive Brokers2
$65.00
Schwab2
$65.00

50 Verticals

(200 total contracts)

tastytrade1
$40.00
E*TRADE2
$130.00
Fidelity2
$130.00
Interactive Brokers2
$130.00
Schwab2
$130.00

50 Iron Condor

(400 total contracts)

tastytrade1
$80.00
E*TRADE2
$260.00
Fidelity2
$260.00
Interactive Brokers2
$260.00
Schwab2
$260.00
1 Regulatory and exchange fees still apply. For a complete list of all fees, please click here. All futures options and the following index products are excluded from capped commissions: 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 11/06/2023, for E*Trade, Fidelity, Interactive Brokers, and Schwab. For Interactive Brokers, comparison based on IBKR Lite pricing for US residents only. Supporting documentation for any claims, if applicable, 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.

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