About tastytrade

Written by
Fact checked by
Adam N.
Updated
May 2024

About tastytrade

tastytrade, Inc, the company behind the options trading platform with the same name was established in 2017 and is headquartered in Chicago, US. It is a privately-owned business entity. In June 2021, it was acquired by IG, a CFD broker listed in London. For a comprehensive overview of tastytrade and its services, read our tastytrade review.

The brokerage launched in Australia in 2019 and plans to set up shop in Canada.

tastytrade is a young, up-and-coming US broker focusing on options trading. It is regulated by the top-tier Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Australian Securities and Investments Commission (ASIC) for Australian clients.

We selected tastytrade as Best broker for options for 2022, based on an in-depth analysis of 90+ online brokers that included testing their live accounts. Check out the complete list of winners.

Founders

The team behind tastytrade is the same that built thinkorswim (a popular trading platform acquired by TD Ameritrade), tastytrade, and tastylive (a financial network producing original programming on active investment strategies, options trading, and the stock market). tastytrade, inc. and tastylive, inc. are separate but affiliated entities.

Scott Sheridan and Tom Sosnoff were floor traders in the 1980s on the Chicago Board Options Exchange (CBOE). Sheridan is now CEO of tastytrade.

Team size and customer base

The broker has 140+ employees and over 105,000 active accounts.

Related companies

The “tasty universe” consists of several companies focusing on providing services to active retail traders, primarily in the U.S.

  • The quiet foundation is an advisory service assessing retail traders' portfolio risks.
  • Luckbox is an online educational outlet and magazine.
  • The dough trading platform (discontinued for now).

Competitors and alternatives

tastytrade is great for options and futures trading. Based on our own methodology, the best alternative brokerages to tastytrade are ChoiceTrade, TradeStation, SogoTrade, and NinjaTrader. Naturally, people compare tastytrade to other providers as well. See how tastytrade stacks up against several of them in this dedicated tastytrade competitors article.

More information on tastytrade

-> Back to tastytrade review for 2022

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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Edith Balázs
Author of this article
I bring 20+ years of experience as a correspondent having worked for Bloomberg, Dow Jones and The Wall Street Journal covering macroeconomics, stock, currency and fixed-income markets. I hold a Master's degree in American Studies and Journalism.
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