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Commissions & Fees


Commission

Options On Stock 1

$1.00 / contract to open

$0.00 commission to close

All stock options trades incur a clearing fee of $0.10 per contract

Equity option commission capped at $10 per leg. More

Stock 2

$0.00 commission to open

$0.00 commission to close

All stock trades incur a clearing fee of $0.0008 per share

Options On Futures 3

$2.50 / contract to open

$0.00 commission to close

All futures options trades incur a clearing fee of $0.30 per contract + exchange fees + NFA Fee.

Futures

$1.25 / contract to open

$1.25 / contract to close

All futures trades incur a clearing fee of $0.30 per contract + exchange fees + NFA Fee.

Micro Futures

$0.85 flat rate to open

$0.00 commission to close

All futures trades incur a clearing fee of $0.30 per contract + exchange fees + NFA Fee.
To view a list of available futures contracts and exchange fees, please click here

Margin Rates

Debit BalanceRateBase Rate +/-
$0 - $24,9998.00%Base Rate + 1.00%
$25,000 - $49,9997.50%Base Rate + 0.50%
$50,000 - $99,9997.00%Base Rate
$100,000 - $249,9996.50%Base Rate - 0.50%
$250,000 - $499,9996.00%Base Rate - 1.00%
$500,000 - $999,9995.50%Base Rate - 1.50%
$1,000,000 +5.00%Base Rate - 2.00%

Base Rate = 7%. Subject to change without notice

Fees

Banking Fees
ACH Deposits & Withdrawals
FREE
Outgoing Domestic Wire
$25
Outgoing Foreign Wire
$45
Reorg Wire Fee
$25 minimum
ACH Notice of Correction
$5
Domestic Check
$5
Foreign Check
$10
Dividend Check
$5
Overnight Check Delivery - Domestic
$50
Overnight Check Delivery - International
$100
Returned Check / Wire / ACH / Recall
$30
Check Copies
$15
Stop Payment on Apex Issued Checks
$30
Outgoing ACAT Transfers
$75
Transfer and Ship Certificate
$235
Certificate Processing
$300 minimum
Certificate Processing Return
$100 minimum
Restricted Stock Processing
$205
IRA Closing Fee
$60
Annual IRA Maintenance Fee
FREE
Prepayment Fee
Greater of 0.2% or $20
Transfer on Death Account Transfer Fee
$200
Trade-Related Fees
Exercise and Assignment
$5
Options Regulatory Fee
$0.0381 / contract
FINRA TAF 4 - Stock Sales
$0.000119 / share
FINRA TAF 4 - Option Sales
$0.002 / contract
SEC Fee 5
$20.70 / $1,000,000.00 in sales
Clearing Fees - Equities
$0.0008 / share
Clearing Fees - Options
$0.10 / contract
Clearing Fees - Futures
$0.30 / contract
NFA Fee
$0.02 / contract
Voluntary Corporate Actions (Reorg/Tender Offers)
$50
Paper Confirms
$2 / confirm
Paper Monthly and Quarterly Statements
$5 / statement
Paper Tax Statements
$5 / statement
Paper Prospectus
$2.50 / mailing
Third Party Distribution Notification
$2
DTC Delivery
$25
Mutual Fund Liquidation
$20 / fund
Regulatory Fee on Equity and Options Sales 5
(see below)
Non-Transferable Security Fee
$10 / mo. per security
ADR Fees 6
Miscellaneous Fees
Overnight Domestic Mail
$50
Overnight International Mail
$100

Single-Listed Exchange Proprietary Index Options Fees:

SymbolDescriptionFee Per Contract
SPXS&P 500 Index$0.65
RUTRussell 2000 Index$0.18
VIXCBOE Market Volatility Index$0.65
OEXS&P 100 Index (American-style exercise)$0.40
XEOS&P 100 Index (European-style exercise)$0.40
DJXDow Jones Industrial Average Index 1/100$0.18
NDX NASDAQ 100 Index$0.18
Disclaimer

tastyworks reserves the right to modify any fees and pass-through any third party fees necessary to effectively manage your account without prior notice. If you have any questions, please send an email to customer support at support@tastyworks.com.

  1. Options exchanges assess an Options Regulatory Fee (referred to as the “ORF fee”) on options transactions executed by its member that clear in the customer range at Options Clearing Corporation (“OCC”) regardless of the marketplace of execution. The effective rate of the ORF fee is per contract with no minimum per trade. The total regulatory charge will be rounded up to the nearest penny. Please note Exchange Fees are subject to change.
  2. Per share fee charges may apply. Customers may pay additional market-related expenses incurred in connection with orders or related customer accounts, including cancellation fees, product specific fees, regulatory fees, and expenses associated with Make/Take fees.
  3. Exchange, clearing and regulatory Fees.
  4. FINRA levies a Trading Activity Fee (TAF) for sales covered equity securities that tastyworks passes through to you. The FINRA TAF for stock is currently $0.000119 per share with a per-transaction cap of $5.95. The FINRA TAF for options sales is currently $0.002 per contract.
  5. When you sell an equity or an option, a regulatory fee is included on your confirmation. tastyworks is required to pay this fee to the applicable regulatory agency based on the volume of securities sold. As of April 16, 2019, the sale of equity securities is $20.70 for every $1,000,000 in sales. tastyworks reserves the right to pass-through any additional regulatory or exchange transaction fees.
  6. When trading American Depository Receipts (ADR), fees may apply and are passed through.