tastytrade

Brokers

tastytrade Overview

Broker Name
tastytrade
Parent Company
tastylive, Inc.
Website
tastytrade.com
Broker Type
Self-Directed Broker
Main Products
Stocks, ETFs, Fractional Shares, Options, Bonds / Treasuries, Futures, Spot Crypto, Crypto ETFs
Stock / ETF Commission
$0. Clearing is $0.0008 a share, and regulatory fees apply
Options Fee
$1 to open, $0 to close; $10/leg cap except index options; SPX adds $0.60
Default Cash Yield
Credit balance at Apex; rate not disclosed
Transfer-Out Fee
$75, or $135 for an IRA with the $60 closing fee
Account Minimum
$0, and $2,000 to keep margin privileges
Spot Crypto
Zero Hash; 26 coins; individual accounts only
Crypto ETF Access
Spot crypto ETFs listed; no stated gate; account eligibility must be checked
Retirement Accounts
Traditional, Roth, SEP, Inherited
Protection
SIPC at tastytrade, Inc. and Apex covers a collapse, not price drops. Excess coverage, carrier unnamed. Futures and crypto: not SIPC
Regulator / CRD
SEC and CFTC registered, FINRA and NFA member. CRD 277027
Subscription
None

tastytrade About

tastytrade, Inc., formerly tastyworks, is a US brokerage focused on self-directed options and futures trading. It also offers stocks, ETFs and retirement accounts, with desktop, web and mobile platforms.

The brokerage provides tools for building options strategies and an API for supported trading workflows. Cryptocurrency trading and custody are supplied separately by Zero Hash entities, and crypto assets do not have SIPC protection. These arrangements are set out in tastytrade’s account disclosures.

Read our tastytrade review for fees, account features, cash treatment and our assessment of its regulatory record.

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