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tastytrade

tastytrade is an options-first broker built by the founders of thinkorswim, with a built-in probability of profit display, position sizing tools and a platform designed 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.

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Independently reviewed
Updated Oct 2026

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