Tastytrade

Tastytrade is an online brokerage and investment education platform. Tastytrade’s platform offers financial education to retail investors, with its commercial-free programming having garnered over 100 million viewing hours from an audience across 190 countries. In addition to its educational offering, Tastytrade is also the parent company of the Quiet Foundation (a data science-driven investment advisory service) and Tastyworks (an online brokerage).

Tastyworks offers a trading platform aimed specifically at derivatives traders, including options and futures, through its web, mobile, and desktop platforms, with no minimum balance. It also offers commission-free trading of stocks, ETFs, and cryptocurrencies. Users can select from a range of accounts, including individual, joint, corporate, and retirement accounts. As of November 2021, Tastyworks is available in over 194 countries, with a user base of about 250,000 (February 2021).

The platform is monetized on commissions from options and futures trading, which range from USD 0.25–2.5, and 1% commission on cryptocurrency transactions. Commissions are capped at USD 10 per leg for all opening listed equity option trades, as well as for all opening and closing cryptocurrency trades. Margin trading at rates of 5–8% is available for users with account balances over USD 2,000.