tastytrade Review 2026
tastytrade (formerly tastyworks) is an options-focused brokerage built by traders for traders, offering commission-free equity trades and some of the lowest options fees in the industry. With an emphasis on education, probability-based trading, and community, tastytrade provides powerful tools and a modern platform for active options traders.
Pros & Cons
Pros
- Best-in-class options pricing ($1 to open, free to close)
- Excellent options trading tools and analytics
- Strong educational content and live shows
- No commissions on closing options trades
- Modern, intuitive platform design
Cons
- Limited international market access
- No fractional shares trading
- Fewer research tools than full-service brokers
- No mutual funds available
- Focused primarily on options (less suited for buy-and-hold)
Fees & Commissions
| Fee Type | Cost |
|---|---|
| Stocks | $0 per trade |
| Options | $1 per contract to open, $0 to close |
| Inactivity Fee | Free |
| Deposits | Free |
| Withdrawals | Free |
Features
Platforms
Deposit & Withdrawal
Availability
tastytrade is available in the following countries:
United States
Frequently Asked Questions
The minimum deposit to open an account with tastytrade is $0 USD. This makes tastytrade accessible to beginners and traders with smaller budgets.
Yes, tastytrade is regulated by SEC, FINRA and SIPC. Having multiple regulatory licenses provides additional security and trust for traders.
tastytrade offers trading in stocks, options. Key features include options chain, mobile app, advanced charting.
tastytrade supports web, desktop, ios and android platforms. The web platform allows you to trade from any browser without downloading software. Mobile apps are available for trading on the go.