tastytrade
$0 stocks stock commission · fractional shares · options
Key capabilities
- Commission
- $0 stocks
- Fractional shares
- Yes
- Extended hours
- Yes
- Overnight (24/5)
- No
- Options
- $1.00 open, $0 close (capped at $10 per leg)
- OTC access
- 0/5 full, 3/5 limited
- Short locate
- limited
OTC market access by tier
OTC Markets organises non-exchange-listed securities into five tiers by disclosure quality. tastytrade’s coverage:
- OTCQXLimited
- OTCQBLimited
- Pink CurrentLimited
- Pink LimitedNo
- Grey MarketNo
Notes
Options-focused; cap of $10/leg makes it cheap for high-quantity options trades.
Frequently asked
- What does tastytrade charge for stock trades?
- $0 stocks on stocks.
- Does tastytrade offer fractional shares?
- Yes.
- Does tastytrade have 24-hour trading?
- No. tastytrade supports regular market hours and pre/post-market, but not 24/5 overnight trading.
- Can I trade penny stocks and OTC names on tastytrade?
- Partial. 0/5 OTC tiers offer full access, 3/5 with limited access. Pink Limited and Grey market are typically the most restricted.
- What does tastytrade charge for options?
- $1.00 open, $0 close (capped at $10 per leg) per contract.
