The cheapest serious home for options sellers, provided you trade the way the platform wants you to.
tastytrade scores 74 out of 100 across five pillars, 20 points each.
tastytrade fees broken down: $1/contract options capped at $10/leg, futures pricing, hidden costs, and how it stacks up against IBKR, Schwab and Robinhood.
Read the full tastytrade teardowntastytrade was built by options traders for options traders, and it shows. Options cost $1 per contract to open, capped at $10 per leg, and $0 to close, which beats most rivals for anyone selling premium and managing winners. The multi-leg order builder, probability tools, backtesting and prebuilt strategies are the best-organized options workflow at this price, users praise its stability on the most volatile days, and the mobile app holds a 4.8 App Store average across roughly 13,000 ratings.
The platform is opinionated. Traders coming from simpler apps describe the learning curve bluntly, trailing stops are not supported, and several experienced users report slower fills and more slippage than at larger brokers. Promotional bonus terms have also drawn detailed complaints, so read any promo's fine print before counting on it. Trustpilot sentiment (3.2 from about 600 reviews) runs well below the App Store's.
Hover, tap, or focus a card to see who we'd point at this tool — and who should walk away.
The traders who get the most out of tastytrade.
Where tastytrade is the wrong spend.
A real complaint from the trading forums, and what this tool actually does about it.
“Tasty has a good app but I get worse fills, more fees, and more stop slippage than Schwab. It could add up to thousands of $ a year if you trade a lot, especially the stop and entry slippage.”
Source: r/thetagang
Fill quality is the honest trade-off against the commission cap, and the platform's own culture supplies the answer: work orders at the mid. tastytrade's ticket defaults toward mid-price fills, and patient limit orders on liquid underlyings close most of that gap. If your style depends on stops and instant fills rather than worked limit orders, price that difference before you move an account.
Sentiment pulled from two independent sources, kept separate so you can weigh each one yourself.
r/tastytradeReddit“To me it's the most intuitive and click to trade type of platform I've ever used Fidelity or Schwab or literally any other I've used has seven more steps and just horrific comparatively.”Read the original on Reddit →
r/tastytradeReddit“Tasty has always been and probably always will be an opinionated platform primarily designed for trading options. There is nothing else out there that compares IMHO. Also, you can count on it being up and running during days of extremely volatile markets and meltdowns, when every other platform out there won't even allow you to login due to technical issues.”Read the original on Reddit →
r/tastytradeReddit“I don’t know if I lack the intelligence or sophistication, but it feels brutally difficult to accomplish anything. Just this morning, I was trying to set up a trailing limit order and couldn’t figure out how to do it.”Read the original on Reddit →
r/tastytradeReddit“Their platform is targeted toward option selling. I find it great for that, but lacking for other uses.”Read the original on Reddit →
Every quote is real and traceable. How we source them →
$0
Commission-free to open and close, fractional shares included. Exchange, clearing and regulatory fees still apply.
$1 per contract to open, $0 to close
Capped at $10 per leg no matter how many contracts. Index options $1 to open, $0 to close.
$1 per contract each way
Micro futures $0.75 each way, options on futures $1.25. Crypto 0.75% to 1% per trade via Zero Hash, not SIPC covered.
Prices change. Check the vendor’s page before you buy.
One email a week. What we tested, what scored, and what we'd skip. Written for traders, not for clicks.
tastytrade was built by options traders for options traders, and it shows.
