Tastytrade vs Tradestation Comparison: Fees, Features, and More (2026)
Tastytrade and Tradestation 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 2026.
| Feature | Tastytrade | Tradestation |
|---|---|---|
| Website | https://tastytrade.com/ | https://www.tradestation.com/ |
| Broker Type | Discount | Discount |
| Trading: Stock & ETF? | Yes | Yes |
| ETF & Stock commission | $0 | $0; routing/clearing fees may apply |
| Fractional Shares? | Yes | No |
| Percent Allocations? | No | No |
| Crypto Trading? | Yes | Yes |
| Crypto Fees | 0.75% BTC/ETH; 1% other crypto (open and close) | Tiered maker/taker pricing based on account balance |
| Options Trading? | Yes | Yes |
| Options Fee | $1/contract to open; $0 to close; $10 max per leg | $0.80/contract standard tier; $0.40/contract multi-leg |
| Bond Trading Available? | Yes; U.S. Treasuries/T-bills | Yes; Treasuries, corporate, and municipal bonds |
| Receives payment for order flow (PFOF)? | Yes | Yes |
| Interface: Web trading? | Yes | Yes |
| Desktop trading? | Yes; tastytrade Desktop | Yes; TradeStation Desktop/Web/Mobile |
| API Trading? | Yes; tastytrade Open API | Yes; TradeStation WebAPI and FIX APIs |
| Mutual Funds: Offered? | No | Yes |
| Total Mutual Funds | None | Over 2,000 |
| NTF Mutual Funds | None | Not publicly stated |
| Non-NTF Fund Fee | Not applicable | $14.95 |
| Early Redemption Fee? | Not applicable | Varies by fund |
| Redemption Hold (Days) | Not applicable | Fund-specific |
| Early Redemption Fee | Not applicable | Fund-specific |
| Accounts: Margin Accounts? | Yes | Yes |
| IRAs Offered? | Yes; Traditional, Roth, SEP, SIMPLE, and Rollover | Yes; Traditional, Roth, SEP, SIMPLE, and Rollover |
| HSAs Offered? | No | No |
| Money Market Sweep? | Yes; futures/crypto account cash sweeps | No |
| CDs Offered? | No | No |
| Robo-Advisor: Offered | No | No |
| Robo-Advisor Service | None | None |
| Robo-Advisor Fees | Not applicable | Not applicable |
| Basics: Headquarters | Chicago, IL | Plantation, FL |
| Year Founded | 2017 | 1982 |
| Clearing Firm | Apex Clearing | TradeStation Securities, Inc. (self-clearing) |
| Local Branches? | No | No; corporate offices only |
| New Account Minimum |
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