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share trading

tastytrade

tastytrade.com
At a glance
Monthly platform fee
$0/month
CHESS sponsorship model
custodian
ASX ETFs supported
No
Auto-invest / DCA
No
Kids / minor account
No

What it costs

Brokerage, account fees, withdrawal fees

ASX free trade conditions
Description of any conditions under which ASX brokerage is waived.
Not applicable — tastytrade does not offer ASX trading.
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US brokerage minimum
Minimum dollar fee per single US trade.
US$0
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US brokerage percentage
Percentage fee on US trades.
0%
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Monthly platform fee
Recurring monthly account or platform fee.
$0/month
sourceconf 0.97
Annual platform fee
Recurring annual account fee, where applicable.
$0/year
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Inactivity fee
Fee charged if the account is inactive for a defined period.
$0
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Hidden costs

FX spreads, market data fees, currency switch tricks

Holds USD account
Whether the platform allows holding balances in USD without forced conversion.
Yes
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FX currency switch trick
Whether platform calculates FX in foreign currency relative to base currency, inflating effective rate.
No
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Market data fees
Cost of real-time market data subscriptions, where not free.
$0/month
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Conditional order fees
Fee for stop-loss, take-profit, or other conditional orders.
$0
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Corporate action fees
Fees associated with rights issues, takeovers, share purchase plans.
Standard US corporate action processing applies (dividends, splits, mergers). Mandatory corporate actions are processed at no fee; voluntary corporate actions (e.g. tender offers) may incur a fee per tastytrade's fee schedule.
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What you can buy

Markets, ETFs, options, crypto

ASX shares supported
Whether the platform supports trading of ASX-listed equities.
No
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ASX ETFs supported
Whether the platform supports ASX-listed ETFs.
No
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US shares supported
Whether the platform supports trading of US-listed equities.
Yes
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US ETFs supported
Whether the platform supports US-listed ETFs.
Yes
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Other markets supported
List of other international markets supported (UK, Europe, HK, Japan etc.).
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Fractional shares (ASX)
Whether ASX shares can be purchased in fractional units.
No
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Fractional shares (US)
Whether US shares can be purchased in fractional units.
No
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Options trading
Whether platform supports exchange-traded options.
Yes
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CFDs supported
Whether platform offers contracts for difference.
No
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Managed funds
Whether platform offers unlisted managed funds.
No
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Bonds supported
Whether platform offers direct bond trading.
Yes
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IPO access
Whether platform provides access to IPO subscriptions.
No
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How shares are held

CHESS sponsorship, custodian, account types

CHESS sponsorship model
Whether ASX shares are held under CHESS sponsorship (in user's name with own HIN), custodian (held in trust by broker), or mixed.
custodian
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Individual HIN
Whether CHESS-sponsored shares are held under user's own individual HIN (vs. pooled HIN).
No
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Individual account
Whether platform supports individual (single-name) accounts.
Yes
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Joint account
Whether platform supports joint accounts (typically two parties).
Yes
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Company account
Whether platform supports company (Pty Ltd) accounts.
Yes
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Trust account
Whether platform supports family / discretionary trust accounts.
Yes
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SMSF account
Whether platform supports self-managed super fund accounts.
No
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Kids / minor account
Whether platform supports investing for children (under 18).
No
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Trading features

Auto-invest, conditional orders, after-hours

Market orders
Whether platform supports market orders (buy/sell at current best price).
Yes
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Limit orders
Whether platform supports limit orders.
Yes
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Stop loss orders
Whether platform supports stop-loss orders.
Yes
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Conditional orders
Whether platform supports advanced conditional / contingent orders.
Yes
sourceconf 0.95
Auto-invest / DCA
Whether platform supports automatic recurring investment.
No
sourceconf 0.85
Auto-invest sophistication
How sophisticated the auto-invest feature is.
none
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DRP (dividend reinvestment)
Whether platform passes through DRP elections to issuers.
No
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After-hours / overnight trading
Whether platform supports trading outside main market hours (e.g. 24-hour US trading).
Yes
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Tax & reporting

Statements, capital gains, integrations

Australian tax statement
Whether platform provides an Australian-format annual tax statement.
No
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Distribution component breakdown
Whether tax statement breaks down trust distributions into income / capital gains / franking components.
No
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CGT calculator / report
Whether platform provides realised capital gains/losses calculation.
Yes
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Sharesight / Navexa integration
Whether platform provides API or feed for portfolio tracker apps.
Yes
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Money in & out

Minimum deposits, methods, withdrawals

Minimum initial deposit
Minimum amount required for first ASX share/ETF purchase.
$0
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Minimum subsequent purchase
Minimum value for subsequent purchases of the same security.
$0
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Deposit methods
Methods accepted to fund the account.
international wire (USD), ACH (US only), check (US only)
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Settlement period
Settlement convention (e.g. T+2 for ASX, T+1 for US).
T+1 (US equities/ETFs, from May 2024)
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Withdrawal time
Typical time from withdrawal request to funds in bank account.
International wire withdrawals to AU typically 3-5 business days
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Platform & support

Apps, education, security

iOS app
Whether platform offers an iOS app.
Yes
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Android app
Whether platform offers an Android app.
Yes
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Desktop platform
Whether platform offers an installable desktop application (vs. web only).
Yes
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Demo account
Whether platform offers a demo / paper trading account.
Yes
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Free real-time market data
Whether real-time prices on ASX/US are free (vs. delayed or paid).
Yes
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Free research reports
Whether platform provides bundled professional research reports.
No
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2FA support
Type of two-factor authentication supported.
authenticator app
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Customer support channels
Support channels offered (phone / email / live chat / in-app).
phone, email, live chat
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Support hours (AU time)
Hours customer support is available in AET.
Monday-Friday, approx. 7am-5pm US Central Time = approx. 10pm-8am AET (next day). Weekend support limited. No AU business-hours coverage.
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Education content
Quality and depth of platform-provided educational content.
video + courses
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Trust & regulation

Entity, AFSL, parent

Legal entity name
Full registered legal name of the entity providing the platform.
tastytrade, Inc.
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Year founded
Year the platform first offered services to Australian retail investors.
2,017
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Parent / ownership
Ultimate parent company or owner of the platform.
IG Group Holdings plc (LSE: IGG)
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Country of incorporation
Country where the operating entity is incorporated.
US
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Public company status
Whether the platform or its parent is publicly listed.
public
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Every fact above came from tastytrade.com. Click "source" to see the exact page and quote we extracted from. Pricing changes often — verify on the platform before you commit.