How We Compare
Know your options and make the smart move.
tastytrade has low commissions and an easy-to-use platform.
| Pricing | tastytrade | TD Ameritrade | Schwab | E*TRADE | Fidelity |
|---|---|---|---|---|---|
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
$0
$25
$25
$32.95
Options
Commission
-
-
-
-
(50 Total Contracts)
$15.001
$32.502
$32.502
$32.502
$32.502
(100 Total Contracts)
$30.001
$65.002
$65.002
$65.002
$65.002
(200 Total Contracts)
$60.001
$130.002
$130.002
$130.002
$130.002
Crypto
Commissions
-
-
-
-
Crypto Commission
1% to close
-
-
-
Margin
Margin Rates
(For Debit Balance of $50,000 - $99,999)
10%*
13.25%
11.50%
11.45%
12.175%
| Technology | tastytrade | TD Ameritrade | Schwab | E*TRADE | Fidelity |
|---|---|---|---|---|---|
Research Data & Analytics | |  | | | |
Portfolio Risk Analysis | | | - | | |
Open API | | | - | | - |
Preset Watchlist | | | - | - | - |
Liquidity Rating Indicator | | - | - | - | - |
Automatic P/L Tracking of Rolled Options | | - | - | - | - |
Research Data & Analytics
Portfolio Risk Analysis
-
Open API
-
-
Preset Watchlist
-
-
-
Liquidity Rating Indicator
-
-
-
-
Automatic P/L Tracking of Rolled Options
-
-
-
-
THE PLATFORM MADE FOR SERIOUS TRADING
Build the portfolio you've been dreaming of, taking it from idea to execution.
| Product | tastytrade | TD Ameritrade | Schwab | E*TRADE | Fidelity |
|---|---|---|---|---|---|
Options | | | | | |
| U.S. Stocks & ETFs | | | | | |
| Futures | | | | | - |
Options on Futures | | | | | - |
Cryptocurrency3 | | - | - | - | |
Options
-
Options on Futures
-
Cryptocurrency3
-
-
| Access | tastytrade | TD Ameritrade | Schwab | E*TRADE | Fidelity |
|---|---|---|---|---|---|
Real-time streaming quotes | Free4 | Free | Free | Free | Free |
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
Free4
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
-
-
YOU CAN COUNT ON US. BECAUSE TRADERS TRUST US.
*Data as of 04/26/2024. Source: Trustpilot
Tastytrade
TrustScore 4.3
Schwab
TrustScore 1.5
TD Ameritrade
TrustScore 1.3
E*Trade
TrustScore 1.3
Fidelity
TrustScore 1.3
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.
*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.
3
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.