E*Trade vs Tastytrade Comparison: Fees, Features, and More (2025)

E*Trade and Tastytrade are two leading discount brokerages offering commission-free stock and ETF trading. Use this head-to-head comparison table to evaluate fees, features, trading tools, and account options to help you decide which broker is right for you in 2025.

Head-to-Head Comparison: E*Trade vs Tastytrade (2025)
Feature E*Trade Tastytrade
Website https://us.etrade.com/home https://tastytrade.com/
Broker Type Full-Service Discount
Trading: Stock & ETF? Yes Yes
ETF & Stock commission No fee No fee
Fractional Shares? No No
Percent Allocations? No No
Crypto Trading? No Yes
Crypto Fees not applicable 0.35%
Options Trading? Yes Yes
Options Fee 50 to 65 0 to 250 cents
Bond Trading Available? Yes Yes
Pays for Order Flow (PFOF)? Yes Yes
Interface: Web trading? Yes Yes
Desktop trading? Yes; E*TRADE Pro Yes; Tastytrade Desktop Platform
API Trading? Yes; E*TRADE Developer Platform No
Mutual Funds: Offered? Yes No
Total Mutual Funds Over 6,000 None
NTF Mutual Funds Over 4,300 None
Non-NTF Fund Fee $50 not applicable
Early Redemption Fee? No not applicable
Redemption Hold (Days) 0 not applicable
Early Redemption Fee $50 not applicable
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes Yes
HSAs Offered? No No
Money Market Sweep? No No
CDs Offered? Yes Yes
Robo-Advisor: Offered Yes No
Robo-Advisor Service Core Portfolios none
Robo-Advisor Fes 0.30% not applicable
Basics: Headquarters New York, NY Chicago, IL
Year Founded 1996 2017
Clearing Firm Morgan Stanley Apex Clearing
Local Branches? Yes, about 30 locations No
New Account Minimum $0 $0

Once you’ve chosen a broker, find high-performing, investable model portfolios at RecipeInvesting.com


Compare E*Trade to All Brokers