Head to head
Interactive Brokers vs tastytrade
Both platforms are scored with the same methodology and the same category rubric. Nothing on this page is influenced by advertising.
66/100Higher score | 53/100 | |
|---|---|---|
| Category rank | #2 | #6 |
| Confidence | High confidence | High confidence |
| External Reputation | 62 | 66 |
| AI Authority | 57 | 26 |
| Web Authority | 75 | 57 |
| Expert Assessment | 76 | 69 |
| TOP10 User Score | — | — |
| Pricing | 0.20 bps x trade value, USD 2.00 minimum per order (Tier I, spot currencies) · free tier: None — no account minimums claimed, but no free trading tier | $0.75 per micro futures contract to open and $0.75 to close, plus $0.30/contract clearing fee + exchange fees + NFA fee · free tier: None — no plans or subscriptions; stocks and ETFs trade at $0.00 commission (clearing fee $0.0008/share + regulatory fee) and event contracts at $0.00 commission |
| Pricing model | Usage-based (per-trade commission, tiered by monthly volume) | Usage-based (per contract / per trade commissions, no subscription tiers) |
| Best for | European self-directed traders placing large FX tickets (roughly USD 1m+ notional per order) who want explicit commission pricing and FX inside a broad multi-asset account. | US-based active retail traders working micro and E-mini equity-index futures and futures options who want SPAN-based risk tooling in one account and fund by ACH. |
| Avoid if | You place frequent small FX orders or constantly amend orders — the per-order minimum and cancel-and-replace commission treatment push effective costs far above the advertised rate. | You are a non-US resident, finance positions on equity margin, trade high-volume futures options expecting the $10 cap, are crypto-led, or may transfer out soon. |
| Markets | Retail self-directed traders, Active/high-volume traders, Professional traders | Retail self-directed traders, Active derivatives traders, Small-to-mid account sizes |
| Founded | — | — |
| Headquarters | — | Chicago, Illinois, United States (1330 W Fulton St., Suite 600) |
A higher TOP SCORE means more of the evidence favours that platform on this methodology — it is not a recommendation, and it does not account for your specific requirements. Advertisers are never declared the winner of a comparison.