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

$1.00per contract
($10 max per leg)

$0

Options on
Futures

$2.50per contract

$0

Options on
Micro Futures

$1.50per contract

$0

Stock & ETFs

$0unlimited shares

$0

Futures

$1.25per contract

$1.25per contract

Micro Futures

$0.85per contract

$0.85per contract

Smalls Futures

$0.25per contract

$0.25per contract

Smalls Futures
Options

$0.50per contract

$0

Cryptocurrency($10 max)

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.

Capped Commissions

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

$10

$0

20 Verticalstwo legs

$40

$20

$0

20 Iron Condorsfour legs

$80

$40

$0

$2,000 crypto

$20

$10

$10

$4,000 crypto

$40

$10

$10

$8,000 crypto

$80

$10

$10

** 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 XSP. Applicable opening and closing commissions apply to all cryptocurrency trades.

zero_hash.svg

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)
tastyworks1$20.00$40.00$80.00
E*TRADE2$65.00$130.00$260.00
Fidelity2$65.00$130.00$260.00
Interactive Brokers2$65.00$130.00$260.00
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
$65.00
Schwab2
$65.00
TD Ameritrade2
$65.00

50 Verticals

(200 total contracts)

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

50 Iron Condor

(400 total contracts)

tastyworks1
$80.00
E*TRADE2
$260.00
Fidelity2
$260.00
Interactive Brokers2
$260.00
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 XSP. 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 5/4/2022, 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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Open an account

Hello,
from the business team!

pricing-business-team

tastyworks does not provide investment, tax, or legal advice. tastyworks’ website and brokerage services are not intended for persons of any jurisdiction where tastyworks is not authorized to do business or where such products and other services offered by the Firm would be contrary to the securities regulations, futures regulations or other local laws and regulations of that jurisdiction. Options involve risk and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially significant losses. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Futures accounts are not protected by the Securities Investor Protection Corporation (SIPC). All customer futures accounts' positions and cash balances are segregated by Apex Clearing Corporation. Futures and futures options trading is speculative and is not suitable for all investors. Please read the Futures & Exchange-Traded Options Risk Disclosure Statement prior to trading futures products.

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