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Tastytrade

Forex Stock Futures also offers OptionsETFs

Tastytrade is a US options and futures broker regulated by the SEC and FINRA, built around active derivatives traders. Its current new-account offer doubles the commissions you pay on stock and ETF options for your first 30 days, refunded up to a cap, with promo code DOUBLE2026. It also runs a straightforward referral program that pays both you and a funded friend $100 each.

Regulation

SEC · Tier-1 FINRA · Tier-1 SIPC · Tier-1 NFA · Tier-1
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Risk warning: Trading carries a high risk of losing money, especially with leveraged products such as CFDs. A bonus does not reduce that risk. Only deposit what you can afford to lose.

Tastytrade bonuses (2 active)

1 Cashback
4.5

Tastytrade Double Commission Rebate on Stock and ETF Options

Tastytrade logo Tastytrade

200% match up to $3,000

New US tastytrade customers who enter code DOUBLE2026 get double the commissions they pay on stock and ETF option trades refunded for their first 30 days, up to a $3,000 cap.

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2 Referral
3.3

$100 Referral Bonus

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$100

tastytrade pays both you and a referred friend $100 each when the friend opens a new non-IRA account through your link and funds it with at least $1,000.

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About Tastytrade

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What tastytrade is

Tastytrade is a US brokerage built for active options and futures traders. It launched in 2017 as tastyworks, founded by Tom Sosnoff and Scott Sheridan, the pair behind thinkorswim before it was sold to TD Ameritrade. In 2021, UK-based IG Group acquired the company for $1 billion, and the brokerage rebranded from tastyworks to tastytrade in February 2023 to align with its sister media brand tastylive. Today it is a subsidiary of IG US Holdings, part of IG Group Holdings plc, headquartered in Chicago.

The firm is a registered broker-dealer regulated by the SEC and FINRA, and a member of SIPC, which covers up to $500,000 in client assets including $250,000 in cash, with excess-SIPC coverage through its clearing firm. The platform, order tools and pricing model are built for people who trade options and futures actively, not for buy-and-hold investors looking for hand-holding.

Products and pricing

Tastytrade supports US-listed stocks, ETFs, equity and index options, options on futures, CME futures including micro contracts, and cryptocurrency trading in eligible accounts. Futures require the platform's highest trading-permission tier.

The pricing model is the brand's main selling point. Stock and ETF trades are commission-free. Options on stocks and ETFs cost $1 per contract to open and nothing to close, capped at $10 per leg regardless of how many contracts are in the order, which matters for traders running larger positions. Futures cost roughly $1 per contract each way, with micro futures priced lower. Exchange, clearing and regulatory pass-through fees apply on top, which is standard across US brokers. There is no account minimum and no inactivity fee.

The current bonus and how it pays

Tastytrade's active new-account offer as of mid-2026 is the Double Commission Rebate. New customers, or existing customers who have never funded an account, get double the value of commissions paid on stock and ETF options trades during the first 30 days after funding, credited back as a rebate capped at $3,000 per customer. Enrollment requires the code DOUBLE2026 in the promo field at account opening. The current run is scheduled through July 14, 2026, and end dates have shifted before, so confirm the live dates before applying.

The rebate is not a flat cash bonus. It only pays if you actually trade options and pay commissions during the 30-day window, and the maximum is only reached by traders generating $3,000 in commissions. The initial deposit has to stay in the account for the full 30 calendar days; withdrawing it early forfeits the rebate, though trading losses do not count against that rule. Payment lands as a lump sum within two weeks after the rebate period ends. IRA accounts are excluded, and tastytrade reserves the right to withhold the rebate for wash trading or other manipulative activity.

The referral program

Separately, tastytrade runs a standing referral program. Both the referrer and the new customer get $100 each when the referred person opens an account with a unique referral link and deposits at least $1,000 within 60 days of opening. Those funds then need to stay in the account for six months to keep the bonus. IRAs are excluded here too, and a referrer is capped at 24 referral bonuses per calendar year. Referral campaigns run in windows, so check the offer is live before referring someone.

Tastytrade has also run tiered account-opening promotions in the past, with bonus size scaled to the deposit or transfer amount, but that structure is not the live offer right now. Compare against whatever promotion is actually running on the official site, since these change on a rolling basis.

Who it fits, and practical notes

Tastytrade suits people who already trade options or futures with some regularity and care about per-contract cost. It is a weaker fit for beginners wanting advice, mutual funds or a simple long-term portfolio, since it offers none of those. International availability is limited: eligible clients in select countries can open individual or joint accounts, but the country list is short and changes over time.

Bonus and rebate payouts are taxable income, and 1099 treatment has been inconsistent: some payouts show up as fee reimbursements rather than clearly labeled income, and amounts under $600 may not generate a 1099 at all. The IRS still expects the income reported either way, so keep your own funding and payout records.

Pros

  • +Options commissions cap at $10 per leg no matter how many contracts, which favors active and larger options traders
  • +Stock and ETF trades are commission-free with no account minimum or inactivity fee
  • +Backed by IG Group, a publicly listed financial services firm, and regulated by the SEC and FINRA with SIPC plus excess-SIPC coverage
  • +Referral terms are simple: $100 to each side for a $1,000 deposit held six months

Cons

  • The headline Double Commission Rebate only pays if you generate options commissions in the first 30 days; it is not free cash for opening an account
  • IRA accounts are excluded from both the funding rebate and the referral bonus
  • International account access is limited to select countries and excludes entity accounts
  • Promotion codes and end dates change often, so a quoted offer may already be expired when you apply

Frequently asked questions

What is tastytrade's current sign-up bonus?

As of mid-2026 it is the Double Commission Rebate: tastytrade refunds double the commissions you pay on stock and ETF options trades during your first 30 days after funding, up to $3,000, using promo code DOUBLE2026. It is not a flat cash bonus; it pays back a multiple of what you actually spend on commissions.

Does tastytrade have a referral program?

Yes. Both the referrer and the new customer get $100 each when the new account is opened with a referral link and funded with at least $1,000 within 60 days. The deposit has to stay in the account for six months, and IRAs do not qualify.

Is tastytrade regulated and safe to use?

Tastytrade is a registered broker-dealer regulated by the SEC and FINRA and a SIPC member, protecting up to $500,000 in client assets including $250,000 in cash, with excess-SIPC coverage above that. It is owned by IG Group, a publicly traded UK financial services company.

Who owns tastytrade and what happened to tastyworks?

Tastytrade launched in 2017 as tastyworks. IG Group acquired it in 2021 for $1 billion, and the brand was renamed to tastytrade in February 2023. It is now a subsidiary of IG US Holdings, headquartered in Chicago.

Can I trade crypto or futures on tastytrade?

Yes. Tastytrade supports CME futures and micro futures, options on futures, and cryptocurrency trading in eligible individual accounts, alongside stocks, ETFs and options. Futures access requires the platform's highest permission tier.

Is the tastytrade bonus taxable?

Yes, any rebate or referral payout is taxable income. Reporting has been inconsistent, with bonuses sometimes coded as fee reimbursements, and amounts under $600 may not trigger a 1099 at all. You are still responsible for reporting it either way.

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