Monday, March 20, 2017

Tastyworks-a new brokerage firm

Tom Sosnoff (the guy who built Think Or Swim so this is not a fly by night operation) has opened a new brokerage firm called Tastyworks.com.
 
The commissions are super cheap.
Stocks $5 to get in (unlimited shares) - zero to get out.
Options $1 per contract to get in - zero to get out.
Futures $2.50 per contract to get in - zero to get out

Assignment fees of $5.
No data fees.
no platform fees.
no minimum trading fees.

Stocks and options have been trade able since 1/3/2017 and the futures will launch in about a week.
I have been with them since mid January and could not be happier.
If any one has any questions - please ask.
They also have tons of free content and training at tastytrade.com and you do not need an account to access the training. They also broadcast live trading programming for 8 hours a day between 8 to 4 est and that is also free.

These guys are great.

4 comments:

MBAGearhead said...

$2.50 going to be an all-in rate for all futures contracts? Or just the Eminis?

Anonymous said...

Not sure $2.50 is even an all in rate. Is it possible it is actually just broker commission on top of exchange and nfa fees?

Denarii said...

$2.50 plus 0.30 clearing fee - zero commissions to get out but a 0.30 clearing fee. I believe they will have all futures contracts except ICE exchange.

Denarii said...

the fee page - https://tastyworks.com/commissions-and-fees.html