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