The Review
Tastytrade was built by options traders, for options traders. Founded by Tom Sosnoff (who co-created thinkorswim before selling it to TD Ameritrade), tastytrade is designed from the ground up around probability-based options selling strategies. The platform makes complex options trades intuitive rather than intimidating.
The interface is unique. Instead of traditional order entry, tastytrade uses a curve-based visual system that shows probability of profit, expected move, and optimal strike selection at a glance. The Follow Feed lets you see what tastytrade's own team is trading in real time. Commissions are capped — you pay $1/contract to open, but closing is free, with a max of $10 per leg.
Tastytrade also runs tastylive, a financial media network that produces 8+ hours of free live trading content daily. The educational content focuses on options mechanics, probability theory, and portfolio management. For options-focused traders, the combination of purpose-built tools and world-class education is unmatched.
Why It Ranks #30
The best platform specifically designed for options trading. Built by the thinkorswim creator with a pure focus on probability-based strategies. Capped commissions and free closing trades reward active traders.
Key Stats
Tom Sosnoff (thinkorswim creator)
Founded By
$10/leg
Options Commission Cap
Free
Closing Trades
8+ hours
Daily Live Content
Key Features
Fun Facts
Frequently Asked Questions
What is Tastytrade?
Tastytrade was built by options traders, for options traders. Founded by Tom Sosnoff (who co-created thinkorswim before selling it to TD Ameritrade), tastytrade is designed from the ground up around probability-based options selling strategies. The platform makes complex options trades intuitive rather than intimidating.
How much does Tastytrade cost?
Tastytrade pricing: $1/contract to open, $0 to close | $10 cap per leg | Stocks: $0. It is best for Options Sellers & Probability-Based Traders.
Why is Tastytrade ranked #30?
The best platform specifically designed for options trading. Built by the thinkorswim creator with a pure focus on probability-based strategies. Capped commissions and free closing trades reward active traders.
I Document Every Trade — Even the Losses
Options record: 1W-8L. Net worth: 100% GSE preferred. Get the unfiltered updates.
Unsubscribe anytime. I respect your inbox more than Congress respects property rights.
Keep Exploring
Top 25 Investing Apps
See the full ranked list of the best investing apps and platforms in 2026.
Read morePopularMy Positions
Full transparency on what I own and why. Updated regularly.
Read moreTrack Record
My historical returns and investment performance over time.
Read moreTop 25 Value Investors
The greatest value investors of all time, ranked.
Read moreTop 25 Preferred Stocks
The most interesting preferred stocks in the market right now.
Read more