Freedom to trade more
Better Than Free
We all want low commissions. Lower commissions mean more freedom to place more trades more efficiently. That’s why we offer a great rate to open trades and an even better one to close them. It’s also why we cap your commissions at $10 per leg on equity option trades and $10 per opening and closing cryptocurrency trades. ** See how our pricing truly compares against other brokers.
Pricing & Fees
|Opening Commission*||Closing Commission*|
Stock & ETFs($10 max per leg)
|Stock & ETFs|
1%of total crypto purchase
1%of total crypto sale
* Applicable exchange, clearing, and regulatory fees still apply to all opening and closing trades except for cryptocurrency orders which are not subject to exchange, clearing, and regulatory fees.View Pricing and Fees DetailView Info on Futures Trading with tastyworks
Our commissions are capped at $10 per leg for all opening listed equity option trades, and $10 for all opening and closing cryptocurrency trades.**
Here’s how that can really work for you!
|Opening Commission**||To Close|
|20 Puts / Callssingle leg|
|20 Verticalstwo legs|
|20 Iron Condorsfour legs|
** Exchange, clearing, and regulatory fees still apply for all opening and closing equity options trades. All futures options and the following index products are excluded from this offer: SPX, RUT, VIX, OEX, XEO, DJX, and NDX. Applicable opening and closing commissions apply to all cryptocurrency trades.
Cryptocurrency trading provided by Zero Hash Liquidity Services LLC and cryptocurrency custody provided by Zero Hash LLC.
Apples to Apples
Okay. You want the bottom line. What are the commission costs for you to open and close an equity option trade at tastyworks compared to other major brokers? Well, have a look…
|50 Puts/Calls(100 total contracts)||50 Verticals(200 total contracts)||50 Iron Condors(400 total contracts)|
(100 total contracts)
(200 total contracts)
50 Iron Condors
(400 total contracts)
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 this offer: SPX, RUT, VIX, OEX, XEO, DJX and NDX. 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 10/3/2019, for E*Trade, Fidelity, Interactive Brokers, Schwab, and TD Ameritrade. For Interactive Brokers, comparison based on customers trading less than 10,000 contracts a month with option premiums equal to or greater than .10 per contract. Supporting documentation for any claims, if applicable, will be furnished upon request.