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Pricing

Freedom to trade more

Better Than Free

We all want low commissions. Lower commissions means 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’re now offering capped commissions on equity option trades at $10 per leg.** See how we compare against other brokers on equity option trades.

Pricing & Fees

Opening Commission*Closing Commission*
Options on
Stock & ETFs($10 max per leg)

$1.00per contract
($10 max per leg)

$0

Options on
Futures

$2.50per contract

$0

Stock & ETFs

$0unlimited shares

$0

Futures

$1.25per contract

$1.25per contract

Futures e-Micros

$0.85per contract

$0.85per contract

* Applicable exchange, clearing, and regulatory fees still apply to opening and closing trades.

View Pricing and Fees DetailView Info on Futures Trading with tastyworks

Capped Commissions

We're now capping the maximum commission you'll pay on opening equity option trades to $10 per leg for listed options.**

Here are some examples of how that really works for you!

Opening Commission**To Close
20 Puts / Callssingle leg

$20

$10

$0

20 Verticalstwo legs

$40

$20

$0

20 Iron Condorsfour legs

$80

$40

$0

** Exchange, clearing and regulatory fees still apply. All futures options and the following index products are excluded from this offer: SPX, RUT, VIX, OEX, XEO, DJX and NDX.

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)
tastytrade1$20.00$40.00$80.00
E*TRADE2$65.00$130.00$260.00
Fidelity2$65.00$130.00$260.00
Interactive Brokers2$70.00$140.00$280.00
Schwab2$65.00$130.00$260.00
TD Ameritrade2$65.00$130.00$260.00

50 Puts

(100 total contracts)

tastyworks1
20.00
E*TRADE2
65.00
Fidelity2
65.00
Interactive Brokers2
70.00
Schwab2
65.00
TD Ameritrade2
65.00

50 Verticals

(200 total contracts)

tastyworks1
40.00
E*TRADE2
130.00
Fidelity2
130.00
Interactive Brokers2
140.00
Schwab2
130.00
TD Ameritrade2
130.00

50 Iron Condors

(400 total contracts)

tastyworks1
80.00
E*TRADE2
260.00
Fidelity2
260.00
Interactive Brokers2
280.00
Schwab2
260.00
TD Ameritrade2
260.00

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.

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from the business team!

Business Team