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About tastyworks

About tastyworks

 

Tastyworks, 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 tastyworks and its services, read our tastyworks review.

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

tastyworks 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 tastyworks 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.

Visit tastyworks

 

Founders

 

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

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

 

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

 

More information on tastyworks

 

 

-> Back to tastyworks review for 2022

 

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Author of this article

Edith Balázs

Author of this article

Edith is an experienced financial journalist having worked for 15+ years as a correspondent for Bloomberg, Dow Jones and The Wall Street Journal covering macroeconomics, stock, currency and fixed income markets. She holds a master's degree in American Studies and Journalism.

Edith Balázs

Senior Editor

Edith is an experienced financial journalist having worked for 15+ years as a correspondent for Bloomberg, Dow Jones and The Wall Street Journal covering macroeconomics, stock, currency and fixed income markets. She holds a master's degree in American Studies and Journalism.

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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