tastytrade
4.5/10Best trading platform for day-trading options with specialist pricing
Options-specialist pricing tuned for intraday options traders with multi-leg strategy templates.
| Plan | Monthly | What you get |
|---|---|---|
| Free | Free | Options-focused with $1-to-open and $0-to-close pricing, plus the tastytrade desktop platform |
| Premium Data | Free | Real-time market data and advanced trading platform desktop and mobile included free |
Tastytrade is the right pick when the goal is intraday day trading on options rather than stocks. Founded in 2017 by Tom Sosnoff and Kristi Ross, Tastytrade built around options-trader workflows with per-contract pricing and multi-leg strategy templates that fit intraday options day-trading patterns.
The wedge for options-day-trading readers is the specialist pricing structure. Where Webull and Moomoo focus on stocks-and-options on a generalist platform, Tastytrade ships per-contract pricing with $1-to-open caps and $0-to-close on equity options that materially changes the cost math when day-trading options multiple times per session. Risk-graph visualization and one-click multi-leg templates fit the pace of intraday options strategies.
The trade-off is stock-trading depth and Level II data. Tastytrade is options-first; stocks and ETFs are secondary asset classes and Level II data is thinner than Webull. For intraday day traders running options strategies as their primary workflow, Tastytrade is the right call; for stocks-first day traders, Webull or Moomoo deliver better data tooling.
Pros
- Per-contract pricing with $1-to-open cap and $0-to-close on equity options
- Multi-leg strategy templates with risk graph integrated for intraday workflows
- Options-chain UX surfaces implied volatility, Greeks, and strategy entry quickly
- Founded 2017 by Tom Sosnoff and Kristi Ross; the most options-focused US broker
- Active-trader desktop platform alongside mobile for desk-based intraday workflows
Cons
- Stocks and ETFs are secondary asset classes; Level II data thinner than Webull
- Less well-suited for stocks-first day-trading workflows
Best for: Intraday day traders running options strategies as their primary workflow who want specialist per-contract pricing tuned for active rolling and closing.
- Fees
- 8
- Execution
- 9
- UX
- 9
- Value
- 10
- Support
- 8