tastytrade
tastytrade is the options-first broker built by the founders of thinkorswim. Features the lowest options commissions in the industry: $1/contract to open, free to close. Built-in probability of profit display, position sizing tools, and a platform designed specifically for multi-leg options strategies.
Pros & Cons
Pros
- Free to close options
- $1/contract to open (lowest in class)
- Built-in probability of profit tools
- Commission-free stocks and ETFs
- Designed specifically for options trading
Cons
- Steeper learning curve for beginners
- Limited research beyond options analytics
Editorial review pending — see reader ratings below.
Check priceIndependently reviewed
Updated May 2026
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