tastyworks Review

Alyaziah Hayat | March 24, 2022

tastyworks is a US broker offering flexible trading platforms and competitive fees. Unfortunately, they do not offer the MetaTrader platform or forex, CFD and crypto trading. This makes them a limited option compared to other online brokers.

Broker Pros / Cons
  • Strict regulations
  • Competitive fees
  • Flexible trading platforms
  • Restricted leverage
  • No MetaTrader platforms
  • No forex, CFD or crypto trading
  • No online payment processors
  • USD account currency only


tastyworks is an online broker with a trading platform for trading stocks, options and futures. They are focused on delivering speedy and stable trading conditions with competitive rates. Fees start from $0.00 on stock trades, $1.00 to open options trades and $0.00 to close.

Founded in 2017, tastyworks is created by the same vastly experienced team behind the tastytrade online financial network and thinkorswim, which is now operated by TD Ameritrade. tastyworks is headquartered in Chicago and primarily geared towards the active trader.


tastyworks, Inc. (“tastyworks”) is a registered broker-dealer and member of Financial Industry Regulatory Authority (FINRA), National Futures Association (NFA).

In addition to this strict regulation, US clients are protected by the Securities Investor Protection Corporation (SIPC) scheme. The SIPC is an investor protection scheme established in order to protect clients against the loss of cash and securities in case the broker cannot fulfil their financial obligations. The SIPC protection is limited to $500,000 with a $250,000 limit for cash.

It should be noted that some investment products such as futures are not covered by the investor protection scheme and the protection is not available to all clients. Negative account balance protection is not provided. It is important to carefully read through all of the brokers terms and conditions so that you have a clear understanding of the protection offered before you open an account with any brokerage.

Whilst tastyworks is a US broker, they do accept clients from other countries, including throughout Europe. You can see an updated list of accepted countries under the tastyworks international account section of the website.


The tastyworks proprietary trading platform is available for desktop, web and mobile. It has been built to offer a fast, reliable and secure trading environment.

tastyworks Desktop Trading Platform

tastyworks Desktop Trading Platform

tastyworks Desktop Trading Platform

This is the PC version that runs in Windows and is best for those who want high-powered, high-volume trading with a complete tool-set of features and functionality. It has an intuitive user dashboard layout and workflow, delivering real time market quotes and advanced multi-account support and reporting.

tastyworks Browser Trading Platform

tastyworks Browser Trading Platform

tastyworks Browser Trading Platform

As the name suggest, the tastyworks browser trading platform runs directly in most modern web browsers without needing to download or install any additional software. It can be accessed from any computer and maintains most of the same functionality as the downloadable desktop platform. This is likely to be more suited to the trader who prefers the flexibility of a web platform with the power and features of the desktop platform.

tastyworks Mobile Trading Platform

tastyworks Mobile Trading Platform

tastyworks Mobile Trading Platform

The tastyworks mobile trading platform is available for iOS and Android compatible devices and is useful for those who wish to trade whilst on the go. You can easily access and manage your trading account from anywhere in the world with an internet connection. It has the same features as the other platforms just scaled down for trading conveniently from within the palm of your hands.


tastyworks have a section of their website dedicated to educating traders with a range of trading topics catered towards all skill levels. Through their partner website tastytrade, you can get an abundance of videos, learning and research tools to help improve your trading knowledge and skills. The trading tools provided are built within the platform.


tastyworks offer competitive commission fees on a range of trading instruments including stocks, options, exchange-traded fund (ETFs) and futures. Fees start from $0.00 on stock trades, $1.00 to open options trades and $0.00 to close.

  • Options on stock – $1 opening trade (per contract, $10 max per leg), $0 closing trade (+ applicable fees)
  • Stock – $0 opening trade (unlimited shares), $0 closing trade (+ applicable fees)
  • Options on futures – $2.50 opening trade (per contract), $0 closing trade (+ applicable fees)
  • Futures – $1.25 opening trade (per contract), $1.25 closing trade (+ applicable fees)
  • Micro futures – $1.25 opening trade (per contract), $0.85 closing trade (+ applicable fees)


tastyworks offer a selection of account types to cater to different trader needs. The “works” account is for active retail traders and gives access to all investment products. There is no minimum deposit for a cash account but you need at least $2,000 for full margin privileges on a margin account.

  • Works Account – Standard retail trader account
  • Individual – Margin or Cash
  • Retirement – Traditional IRA, Roth IRA, SEP IRA
  • Corporate
  • Trust
  • International
  • Joint


Customer support is provided 24/5 in English via online chat, telephone and email. They are very friendly and prompt in their responses whilst being happy to answer all general, technical and account questions.


tastyworks have a limited choice of methods for depositing and withdrawing funds from your trading account. This includes Wire Transfer, Check, Electronic Bank Deposit (ACH) and by transferring an existing account from another brokerage firm by initiating an ACAT. Some clients may prefer to choose a broker that offers online payment processors such as Skrill, Neteller and PayPal.

The broker may charge some fees when using certain methods. The deposit and withdrawal time can vary depending on the payment provider and method. Bank transfers can take a few business days to clear. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal.

Accounts can only be opened in USD currency which means that currency conversion fees can apply if you are not funding in this currency.


Opening a tastyworks account is a simple online process. You just need to complete the short registration form and then fill out your personal information. You will need documents at hand to verify your identification and proof of address (passport, drivers license, utility bill, bank statement, etc).

It can take a few days for the account verification to be complete which is completely normal with US brokers. Once the accounts team have verified your account, you will be able to fund it and start trading online.

tastyworks Account Opening

tastyworks Account Opening


Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
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tastyworks is a US broker that is relatively new in comparison to some other online brokers but is backed by a team of experienced individuals with a proven track record. They offer flexible trading platforms and a range of trading instruments along with competitive fees.

You will need to browse the partner site tastytrade for the majority of learning resources and unfortunately they do not currently offer the MetaTrader platform or forex, CFD and crypto trading.

tastyworks Logo

Min $1 Deposit

tastyworks is a US broker offering flexible trading platforms & competitive fees. Unfortunately, they do not offer the MetaTrader platform or forex, CFD & crypto trading.

Trading complex instruments can come with a high risk.

About the Author

Alyaziah Hayat
I had previously been forex trading for about 2 years and I now mainly focus on writing forex-related content. I also deal with cryptocurrencies and other financial assets in this industry. I've dealt with several brokers, assets, EA robots, and everything that this industry has to offer.

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