tastytrade Review: The Options Trader's Dream (If You Don't Mind Leaving Cash on the Table)
tastytrade is the broker that options and futures traders whisper about. Born from the same team behind the tastylive financial media network, it was built from the ground up for derivatives trading — and it shows. The platform is fast, the pricing is sharp, and the options tools are genuinely best-in-class. If you trade options regularly, this broker probably belongs on your shortlist. But here's the thing: tastytrade is laser-focused. It's not trying to be your everything broker. There's no banking, no robo-advisor, no meaningful interest on your idle cash. It's a specialist, and specialists have trade-offs. The real question is whether you're the kind of trader who benefits from that focus — or the kind who needs a more well-rounded home for your money. Owned by IG Group since 2021, tastytrade is a fully regulated US broker-dealer, SEC-registered and a FINRA member. Your securities are protected by SIPC up to $500,000, plus excess SIPC coverage through clearing firm Apex of up to $150 million aggregate. It's legit. Now let's talk fees.