$0 stocks, $1 per options contract (max $10 per leg)
- Published fee
- $0 stocks, $1 per options contract (max $10 per leg)
- Minimum deposit
- 0 $
Broker comparison
Which broker fits your needs?
Platforms, products and fees side by side.
Updated: October 2026
See comparisonSummary
Both are platforms for active traders with stocks, options, futures and crypto, and no minimum deposit. tastytrade (4.5/5) specializes in options and caps its $1 per contract fee at $10 per leg, which favours large orders. TradeStation (4.3/5) is cheaper on smaller orders at $0.60 per contract and brings professional charting plus EasyLanguage for automated strategies, but charges $50 a year when equity is under $5,000.
Options broker built by traders for traders with innovative platform
Professional trading platform with EasyLanguage and strategies
At a glance
| Criterion | ||
|---|---|---|
| Platforms | tastytrade Desktop, tastytrade Web, tastytrade App | TradeStation Desktop, TradeStation Web, TradeStation App |
| Product types | Stocks, Options, Futures, Crypto | Stocks, Options, Futures, ETFs, Crypto |
| Options trading | Yes, specialized in options | Yes, comprehensive |
| Fee model | $0 stocks, $1 per options contract (max $10 per leg) | $0 stocks, $0.60 per options contract, $1.50 per futures contract |
| Minimum deposit | 0 $ | 0 $ |
| Regulation | SEC/FINRA | SEC/FINRA |
| More information | Details | Details |
tastytrade Desktop, tastytrade Web, tastytrade App
TradeStation Desktop, TradeStation Web, TradeStation App
Stocks, Options, Futures, Crypto
Stocks, Options, Futures, ETFs, Crypto
Yes, specialized in options
Yes, comprehensive
$0 stocks, $1 per options contract (max $10 per leg)
$0 stocks, $0.60 per options contract, $1.50 per futures contract
0 $
0 $
SEC/FINRA
SEC/FINRA
Product access and costs depend on market, account and permissions.
Detailed comparison
Compare total costs, not just the order fee.
The relevant costs depend on market, currency, order size and trading style.
Order type, venue and liquidity affect execution.
Check the provider’s execution policy and available order types for your account.
Provider informationCheck the provider’s execution policy and available order types for your account.
Provider informationCategories come from broker profiles. Check specific markets and permissions before deciding.
tastytrade Desktop · tastytrade Web · tastytrade App
tastytrade offers its own innovative trading platform as desktop, web, and app versions, specifically designed for options trading. The platform provides unique visualizations for options chains, probability-of-profit calculations, the Follow feed for copying other traders, and advanced strategy builders. All versions integrate tastylive content directly into the trading interface for real-time education.
Explore platformTradeStation Desktop · TradeStation Web · TradeStation App
TradeStation offers a powerful desktop platform with professional charting tools, EasyLanguage strategy development, backtesting engine, and over 1,000 pre-installed indicators. The web and app versions provide simplified access on the go. RadarScreen enables real-time market scanning and the Matrix feature one-click trading. The platform is particularly designed for systematic traders and strategy developers.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
Options broker built by traders for traders with innovative platform
Professional trading platform with EasyLanguage and strategies
Find the broker that fits
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
Options costs: The core difference is the options fee structure. tastytrade charges $1 per options contract but caps the cost at $10 per leg — trade many contracts in one order and you never pay more than $10 per leg. TradeStation charges $0.60 per options contract with no cap. On small orders (up to roughly 16 contracts) TradeStation is cheaper, while on large options orders tastytrade's leg cap wins. Stocks are $0 at both and the minimum deposit is $0 at each.
Products and platforms: tastytrade specialises in options and trades stocks, options, futures and crypto via tastytrade Desktop, Web and App. TradeStation covers stocks, options, futures, ETFs and crypto and charges futures at $1.50 per contract; the TradeStation platforms (Desktop, Web, App) are regarded as powerful for active traders. Both offer fast execution (~25 ms options-focused routing at tastytrade, ~30 ms Direct Market Routing at TradeStation).
Profile and verdict: Both are SEC/FINRA-regulated; tastytrade (founded 2017, Chicago) is the younger, options-focused broker, TradeStation (founded 1982, Plantation FL) the established platform specialist. Ratings: tastytrade 4.5/5, TradeStation 4.3/5. For options traders placing large multi-contract orders, tastytrade is usually cheaper thanks to the $10 leg cap; those trading mainly small options orders or wanting a very capable charting and futures platform are well served by TradeStation.
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Options broker built by traders for traders with innovative platform
Open accountRead reviewProfessional trading platform with EasyLanguage and strategies
Open accountRead reviewThe guides worth reading before your first trade, whichever of the two you choose.