Tastytrade vs Vanguard Comparison: Fees, Features, and More (2026)

Tastytrade and Vanguard 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.


Head-to-Head Comparison: Tastytrade vs Vanguard (2026)
Feature Tastytrade Vanguard
Website https://tastytrade.com/ https://investor.vanguard.com/
Broker Type Discount Full-Service
Trading: Stock & ETF? Yes Yes
ETF & Stock commission $0 $0 online
Fractional Shares? Yes Yes; eligible Vanguard ETFs/dollar-based trading
Percent Allocations? No Yes; Vanguard Digital Advisor/asset-allocation tools
Crypto Trading? Yes No
Crypto Fees 0.75% BTC/ETH; 1% other crypto (open and close) Not applicable
Options Trading? Yes Yes
Options Fee $1/contract to open; $0 to close; $10 max per leg $1/contract
Bond Trading Available? Yes; U.S. Treasuries/T-bills Yes; Treasuries, bonds, and CDs
Receives payment for order flow (PFOF)? Yes No
Interface: Web trading? Yes Yes
Desktop trading? Yes; tastytrade Desktop No
API Trading? Yes; tastytrade Open API No
Mutual Funds: Offered? No Yes
Total Mutual Funds None Over 3,000
NTF Mutual Funds None Over 1,800
Non-NTF Fund Fee Not applicable $20 online for transaction-fee funds; $0 for NTF funds
Early Redemption Fee? Not applicable No
Redemption Hold (Days) Not applicable 60 days
Early Redemption Fee Not applicable $50
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes; Traditional, Roth, SEP, SIMPLE, and Rollover Yes; Traditional, Roth, SEP, Rollover, and Custodial
HSAs Offered? No No
Money Market Sweep? Yes; futures/crypto account cash sweeps Yes; settlement-fund/cash-deposit sweep
CDs Offered? No Yes
Robo-Advisor: Offered No Yes
Robo-Advisor Service None Vanguard Digital Advisor
Robo-Advisor Fees Not applicable 0.20% all-index; 0.25% active/index mix
Basics: Headquarters Chicago, IL Valley Forge, PA
Year Founded 2017 1975
Clearing Firm Apex Clearing Vanguard Brokerage Services
Local Branches? No No; phone/online service
New Account Minimum

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