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E*TRADE vs tastytrade 2025

StockBrokers.com

Written by StockBrokers.com

March 11, 2025

In this head to head comparison of E*TRADE vs tastytrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

E*TRADE
5/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.65
tastytrade
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.50 info

Range of investments

When comparing E*TRADE and tastytrade, E*TRADE boasts a slightly broader array of investment options, offering strong choices across several categories. With its ability to trade over-the-counter (OTC) stocks and mutual funds, in addition to offering a comprehensive suite of traditional IRA and Roth IRA accounts, E*TRADE stands as a more versatile platform for investors seeking a wide range of investment types. E*TRADE also offers advisor services, which can be beneficial for those looking for a guided investment experience. On the other hand, tastytrade shines in the niche of fractional shares and crypto trading, offering unique opportunities in these sectors that E*TRADE does not provide.

Both E*TRADE and tastytrade deliver on stock, margin, options, and futures trading, aligning closely with what traders in these fields expect. E*TRADE’s investors might find its omission of crypto trading limiting, though they will benefit from its offshore stock capabilities. Conversely, tastytrade manages to attract crypto enthusiasts by providing access to four different cryptocurrencies, making it an appealing option for those interested in digital assets. Both brokers also provide traditional IRA and Roth IRA accounts, meeting the needs of investors focused on retirement planning.

As per StockBrokers.com rankings, E*TRADE holds the upper hand in terms of range of investments, ranking fourth out of 15 brokers with an impressive 4.5-star rating, compared to tastytrade's tenth place with a 4-star rating. While both platforms have their distinct strengths, E*TRADE tends to cater to investors looking for a wider variety of traditional investment vehicles, whereas tastytrade caters more to modern, flexible trading demands, such as fractional shares and cryptocurrencies. Therefore, the choice between the two largely depends on individual investment goals and preferences.

Feature E*TRADE logoE*TRADE
tastytrade logotastytrade
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info No Yes info
OTC Stocks info Yes No
Mutual Funds info Yes No
Options Trading info Yes Yes
Futures Trading info Yes Yes
Crypto Trading info No Yes
Crypto Trading - Total Coins info 0 4
Range of Investments 4.5/5 Stars 4/5 Stars

Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025

Trading platforms and tools

When deciding between E*TRADE and tastytrade for their trading platforms and tools, E*TRADE edges out a bit in overall versatility and features despite both brokers achieving a robust four-star rating. E*TRADE earns a higher ranking at 5th place compared to tastytrade's 8th position, according to StockBrokers.com. This distinction is largely attributed to E*TRADE’s wide range of 121 technical indicators and 37 drawing tools, and essential features like paper trading and chart customization.”

E*TRADE's browser-based platform accommodates traders who don’t require downloadable software, offering a more extensive array of features compared to tastytrade. Notably, E*TRADE supports 43 columns in its watch lists, paper trading for practice without financial risk, and comprehensive chart customization tools, including the ability to set custom date ranges and automated technical analysis. Brokers can also make chart notes, index overlays, and display historical trades and corporate events, making it a well-rounded choice for those emphasizing versatility.

On the other hand, tastytrade stands out with downloadable platforms available for both Windows and Mac users, catering to traders preferring a desktop experience. Despite offering a fewer 33 watch list fields, tastytrade compensates with 308 technical indicators, giving traders deep analytical capabilities. While it lacks some of E*TRADE’s customization and paper trading features, tastytrade allows the creation of custom studies on charts, appealing to traders who enjoy developing their strategies. Both platforms offer integrated order adjustments directly on charts, making them highly adaptable to individual trading styles.

Feature E*TRADE logoE*TRADE
tastytrade logotastytrade
Web Trading Platform info Yes Yes
Desktop Trading Platform info No Yes
Desktop Platform (Mac) info No Yes
Paper Trading info Yes No
Watch Lists - Total Fields info 43 33
Charting - Indicators / Studies info 121 308
Charting - Drawing Tools info 37 31
Platforms & Tools 4/5 Stars 4/5 Stars

Dive deeper: Best Online Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025

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Beginners and education

When it comes to investor education, both E*TRADE and tastytrade provide a wide range of resources, but there are notable differences. E*TRADE excels in offering education across many investment types, including stocks, ETFs, options, mutual funds, and bonds. Additionally, E*TRADE supports paper trading, allowing beginners to practice trading without risking real money, and provides educational videos and webinars. However, it lacks features like educational quizzes and the ability to track learning progress.

In comparison, tastytrade is notable for its options education and offers webinars, yet it does not provide resources for mutual funds or bonds. Although it lacks paper trading and educational videos, tastytrade supports tracking one's learning progress, which can be beneficial for those who like to see how far they've come. E*TRADE is rated higher for education, with 5 stars compared to tastytrade's 4 stars, and is ranked 4th out of 15 brokers, while tastytrade comes in at 10th. Whether you are a beginner or a seasoned investor, your choice may hinge on the specific education resources and features that cater most to your learning style and investment interests.

Feature E*TRADE logoE*TRADE
tastytrade logotastytrade
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Bonds) info Yes No
Paper Trading info Yes No
Videos info Yes No
Webinars info Yes Yes
Education 5/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

When choosing between E*TRADE and tastytrade for their stock trading app capabilities, E*TRADE stands out due to its comprehensive features that cater to a wide range of user needs. E*TRADE offers a broader array of options such as an Apple Watch app, mobile after-hours stock trading, streaming live TV, stock alerts, and customizable chart tools with 107 technical studies. These diverse offerings contribute to its high user rating of 5 stars and a commendable 4th place ranking among competitors. In contrast, tastytrade, while highly rated at 4.5 stars and ranked 10th, lacks in some features like streaming live TV and stock alerts, and does not offer technical studies in its mobile charting suite.

Both apps cater to users of both Android and iPhone, with tastytrade covering the essentials like mobile options trading, streaming quotes, after-hours charting, and fully customizable watch lists. However, E*TRADE maintains a competitive edge with additional perks like landscape chart viewing, the ability to compare stocks on charts, and mobile after-hours trading, adding to the flexibility and depth usability for active traders.

In summary, E*TRADE offers a more feature-rich experience with additional apps for the Apple ecosystem, extensive customization options, and advanced trading tools for technical analysts. tastytrade, meanwhile, delivers solid performance in essential app features making it a dependable choice, but may fall short for users seeking richer charting capabilities or additional media features. Users seeking the fullest range of functionalities and advanced features might find E*TRADE to be the superior choice for their trading needs.

Feature E*TRADE logoE*TRADE
tastytrade logotastytrade
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes No
Stock Alerts info Yes No
Charting - After-Hours info Yes Yes
Charting - Technical Studies info 107 0
Mobile Trading Apps 5/5 Stars 4.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

In a comparison between E*TRADE and tastytrade, both online brokers offer compelling features for different kinds of investors. With no minimum deposit required, free stock trades, and no IRA annual or closure fees, E*TRADE provides a cost-effective option for those looking to open an account and invest in stocks. Tastytrade, although also offering free stock trades and no minimum deposit, presents a more economical choice for active options traders with a lower per options contract fee. However, tastytrade does include fees for IRA closures, ACAT partial transfers, and options exercising and assignment, which may add extra costs depending on your trading habits.

Both platforms offer commission-free stock trading, making them equally appealing to those focused on equities. However, when it comes to options trading, tastytrade charges a lower fee of $0.50 per contract compared to E*TRADE's $0.65, which can mean significant savings for high-frequency options traders. Investors who utilize margin trades will find tastytrade more budget-friendly, offering lower interest rates across all margin balance tiers compared to E*TRADE.

For account maintenance and transfers, E*TRADE typically stands out as the more cost-conscious choice with zero fees for partial account transfers and options exercise or assignment. On the other hand, tastytrade’s fees for IRA closure and partial account transfers, along with charges for options exercising and assignment, can accumulate depending on your account activity. Ultimately, the best choice depends on your particular trading focus and the frequency with which you plan to engage in certain types of transactions.

Feature E*TRADE logoE*TRADE
tastytrade logotastytrade
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.65 $0.50 info
Options Exercise Fee info $0.00 $5.00
Options Assignment Fee info $0.00 $5.00
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $60.00

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

When comparing E*TRADE and tastytrade for day trading, several features stand out that might sway your choice. E*TRADE offers streaming time and sales for stocks, giving traders real-time data essential for making swift decisions. In contrast, tastytrade does not provide this feature. Both platforms offer streaming live TV, which can be useful for keeping up with market news and trends. E*TRADE stands out further with its direct market routing for stocks and trading hotkeys, enabling more precise and expedited trades. Additionally, E*TRADE provides level 2 quotes, giving traders deeper insight into market activities. On the other hand, tastytrade introduces ladder trading—a feature E*TRADE lacks—but does not support trading hotkeys or level 2 quotes.

Though neither platform offers basic or advanced strategy backtesting, tastytrade uniquely provides a short locator tool for viewing real-time stock availability for shorting, a feature not available with E*TRADE. Neither platform offers order liquidity rebates, but the varied tools and features available on each platform cater to different trading styles and preferences. Overall, E*TRADE might appeal more to traders who prioritize market routing flexibility and real-time data insights, while tastytrade could attract those focused on unique trading tools like ladder trading.

Feature E*TRADE logoE*TRADE
tastytrade logotastytrade
Streaming Time & Sales info Yes No
Streaming TV info Yes Yes
Direct Market Routing - Stocks info Yes No
Level 2 Quotes - Stocks info Yes info No
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info No Yes

Dive deeper: Best Day Trading Platforms for 2025

Market Research

When it comes to market research capabilities, E*TRADE stands out as a superior choice compared to tastytrade. E*TRADE is well-regarded for its comprehensive research offerings, achieving a 5-star rating and securing the #2 spot among 15 brokers as ranked by StockBrokers.com. In contrast, tastytrade falls behind with a 1.5-star rating and is ranked #13, indicating its limited capabilities in this area.

Investors using E*TRADE can access a thorough suite of research tools, including stock, ETF, mutual funds, and bonds analysis. Its platform also allows users to explore pink sheets and OTCBB research, offering insights into a much wider range of instruments. E*TRADE further enhances its offering with downloadable PDF research reports and detailed stock screeners for trade ideas, which provide investors with flexible tools to make informed decisions. Additionally, the option to analyze portfolio allocation by asset class and the integration of stock research using social media sentiment data empower E*TRADE users to tap into varied data sources for strategic investing.

On the other hand, tastytrade offers a more limited selection in terms of research capabilities. While investors can access stock and ETF research, tastytrade falls short by not providing research for mutual funds, pink sheets, OTCBB, or bonds. Furthermore, the absence of downloadable research reports and essential screeners for trade ideas diminishes its appeal to those looking for in-depth analysis. Without these critical tools, tastytrade doesn't support investors in making the most fine-tuned investment strategies possible.

Feature E*TRADE logoE*TRADE
tastytrade logotastytrade
Research - Stocks info Yes Yes
Screener - Stocks info Yes No
Research - ETFs info Yes Yes
Screener - ETFs info Yes No
Research - Mutual Funds info Yes No
Screener - Mutual Funds info Yes No
Research - Bonds info Yes No
Screener - Bonds info Yes No
Research 5/5 Stars 1.5/5 Stars

Banking

When it comes to banking features, E*TRADE stands out as a more comprehensive option compared to tastytrade. E*TRADE provides an array of services including checking and savings accounts, debit and credit cards, as well as mortgage loans and CDs. This extensive suite of financial products positions E*TRADE as a versatile choice for those seeking online brokerage services with integrated banking support. In contrast, tastytrade does not offer banking capabilities like checking or savings accounts, debit or credit cards, or mortgage loans and CDs, which might limit options for users looking for combined brokerage and banking solutions.

Feature E*TRADE logoE*TRADE
tastytrade logotastytrade
Checking Accounts info Yes No
Savings Accounts info Yes No
Debit Cards info Yes No
Credit Cards info Yes No
Mortgage Loans info Yes No
CDs info Yes No

Dive deeper: Best Bank Accounts for Trading Stocks for 2025

Winner

After opening live accounts and testing 15 of the best online brokers, our research and live account testing finds that E*TRADE is better than tastytrade. E*TRADE finished with an overall score of 95.4%, while tastytrade finished with a score of 80.1%.

E*TRADE is a top-performing broker whose highlights include $0 trades, two excellent mobile apps and the Power E*TRADE platform. Crypto, however, is not available.

FAQs

Can you trade cryptocurrency with E*TRADE or tastytrade?

When comparing online brokers, E*TRADE does not offer crypto trading, whereas tastytrade provides the opportunity to trade in 4 different cryptocurrencies, making it a suitable option for those interested in cryptocurrency investments.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does E*TRADE or tastytrade offer IRAs?

Both E*TRADE and tastytrade offer traditional and Roth IRA accounts with no annual fees, but while E*TRADE has a $0 closure fee for IRA accounts, tastytrade charges a $60 closure fee.

Dive deeper: Best IRA Accounts for 2025

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Compare

0 of 5
Overall Rating E*TRADE tastytrade
Overall 5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 1.5/5 Stars
Customer Service 4.0/5 Stars 4.0/5 Stars
Education 5/5 Stars 4/5 Stars
Ease Of Use 5/5 Stars 5/5 Stars
Winner check_circle
Review E*TRADE Review tastytrade Review
Broker Screenshots E*TRADE tastytrade
Trading Platform & Tools Gallery (click to expand)
Research Gallery (click to expand)
Mobile Trading Apps Gallery (click to expand)
Education Gallery (click to expand)
Trading Fees E*TRADE tastytrade
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Penny Stock Fees (OTC) info $6.95 info N/A
Mutual Fund Trade Fee info $0.00 N/A info
Options (Per Contract) info $0.65 $0.50 info
Futures (Per Contract) info $1.50 $1.25
Broker Assisted Trade Fee info $25 $0
Margin Rates E*TRADE tastytrade
Margin Rate Under $25,000 info 14.2% info 11%
Margin Rate $25,000 to $49,999.99 info 13.7% 10.5%
Margin Rate $50,000 to $99,999.99 info 13.2% 10%
Margin Rate $100,000 to $249,999.99 info 12.7% 9.5%
Margin Rate $250,000 to $499,999.99 info 12.2% 9%
Margin Rate $500,000 to $999,999.99 info Varies info 8.5%
Margin Rate Above $1,000,000 info Varies info 8%
Account Fees E*TRADE tastytrade
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $60.00
Account Transfer Out (Partial) info $0.00 $75.00
Account Transfer Out (Full) info $75.00 $75.00
Options Exercise Fee info $0.00 $5.00
Options Assignment Fee info $0.00 $5.00
Investment Options E*TRADE tastytrade
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info No Yes info
OTC Stocks info Yes No
Options Trading info Yes Yes
Complex Options Max Legs info 4 4
Futures Trading info Yes Yes
Forex Trading info No No
Crypto Trading info No Yes
Crypto Trading - Total Coins info 0 4
Mutual Funds (No Load) info 6486 0
Mutual Funds (Total) info 7242 0
Bonds (US Treasury) info Yes No info
Bonds (Corporate) info Yes No
Bonds (Municipal) info Yes No
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info Yes No
International Countries (Stocks) info 0 0
Order Types E*TRADE tastytrade
Order Type - Market info Yes Yes
Order Type - Limit info Yes Yes
Order Type - After Hours info Yes Yes
Order Type - Stop info Yes Yes
Order Type - Trailing Stop info Yes No
Order Type - OCO info Yes Yes
Order Type - OTO info Yes Yes
Order Type - Broker Assisted info Yes Yes
Beginners E*TRADE tastytrade
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Bonds) info Yes No
Education (Retirement) info Yes No
Retirement Calculator info Yes No
Investor Dictionary info Yes Yes
Paper Trading info Yes No
Videos info Yes No
Webinars info Yes Yes
Webinars (Archived) info Yes Yes
Progress Tracking info No Yes
Interactive Learning - Quizzes info No No
Stock Trading Apps E*TRADE tastytrade
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes No
Trading - Stocks info Yes Yes
Trading - After-Hours info Yes Yes
Trading - Simple Options info Yes Yes
Trading - Complex Options info Yes Yes
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info Yes Yes
Stock App Features E*TRADE tastytrade
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info Yes No
Videos on Demand info No No
Stock Alerts info Yes No
Option Chains Viewable info Yes Yes
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info Yes Yes
Watch Lists - Create & Manage info Yes Yes
Watch Lists - Column Customization info Yes Yes
Stock App Charting E*TRADE tastytrade
Charting - After-Hours info Yes Yes
Charting - Can Turn Horizontally info Yes Yes
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 107 0
Charting - Study Customizations info Yes No
Charting - Stock Comparisons info Yes No
Trading Platforms E*TRADE tastytrade
Active Trading Platform info Power E*TRADE tastytrade
Desktop Trading Platform info No Yes
Desktop Platform (Mac) info No Yes
Web Trading Platform info Yes Yes
Paper Trading info Yes No
Trade Journal info No No
Watch Lists - Total Fields info 43 33
Stock Chart Features E*TRADE tastytrade
Charting - Adjust Trades on Chart info Yes Yes
Charting - Indicators / Studies info 121 308
Charting - Drawing Tools info 37 31
Charting - Notes info Yes Yes
Charting - Index Overlays info Yes Yes
Charting - Historical Trades info Yes Yes
Charting - Corporate Events info Yes Yes
Charting - Custom Date Range info Yes No
Charting - Custom Time Bars info No No
Charting - Automated Analysis info Yes No
Charting - Save Profiles info Yes Yes
Trade Ideas - Technical Analysis info Yes No
Charting - Study Customizations info 8 7
Charting - Custom Studies info No Yes
Day Trading E*TRADE tastytrade
Streaming Time & Sales info Yes No
Streaming TV info Yes Yes
Direct Market Routing - Stocks info Yes No
Ladder Trading info No Yes
Trade Hotkeys info Yes No
Level 2 Quotes - Stocks info Yes info No
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info No Yes
Order Liquidity Rebates info No No
Research Overview E*TRADE tastytrade
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info Yes No
Research - Pink Sheets / OTCBB info Yes No
Research - Bonds info Yes No
Screener - Stocks info Yes No
Screener - ETFs info Yes No
Screener - Mutual Funds info Yes No
Screener - Bonds info Yes No
Misc - Portfolio Allocation info Yes Yes
Stock Research E*TRADE tastytrade
Stock Research - PDF Reports info 8 0
Stock Research - Earnings info Yes No
Stock Research - Insiders info Yes No
Stock Research - Social info Yes No
Stock Research - News info Yes Yes
Stock Research - ESG info No No
Stock Research - SEC Filings info Yes No
ETF Research E*TRADE tastytrade
ETFs - Strategy Overview info Yes No
ETF Fund Facts - Inception Date info Yes No
ETF Fund Facts - Expense Ratio info Yes No
ETF Fund Facts - Net Assets info Yes No
ETF Fund Facts - Total Holdings info Yes No
ETFs - Top 10 Holdings info Yes No
ETFs - Sector Exposure info Yes No
ETFs - Risk Analysis info Yes Yes
ETFs - Ratings info Yes No
ETFs - Morningstar StyleMap info Yes No
ETFs - PDF Reports info Yes No
Mutual Fund Research E*TRADE tastytrade
Mutual Funds - Strategy Overview info Yes No
Mutual Funds - Performance Chart info Yes No
Mutual Funds - Performance Analysis info Yes No
Mutual Funds - Prospectus info Yes No
Mutual Funds - 3rd Party Ratings info Yes No
Mutual Funds - Fees Breakdown info Yes No
Mutual Funds - Top 10 Holdings info Yes No
Mutual Funds - Asset Allocation info Yes No
Mutual Funds - Sector Allocation info Yes No
Mutual Funds - Country Allocation info Yes No
Mutual Funds - StyleMap info Yes No
Options Trading E*TRADE tastytrade
Option Chains - Basic View info Yes Yes
Option Chains - Strategy View info Yes Yes
Option Chains - Streaming info Yes Yes
Option Chains - Total Columns info 32 20
Option Chains - Greeks info 5 5
Option Chains - Quick Analysis info Yes Yes
Option Analysis - P&L Charts info Yes Yes
Option Probability Analysis info Yes Yes
Option Probability Analysis Adv info Yes Yes
Option Positions - Greeks info Yes Yes
Option Positions - Greeks Streaming info Yes Yes
Option Positions - Adv Analysis info Yes Yes
Option Positions - Rolling info Yes Yes
Option Positions - Grouping info Yes Yes
Banking E*TRADE tastytrade
Bank (Member FDIC) info Yes No
Checking Accounts info Yes No
Savings Accounts info Yes No
Credit Cards info Yes No
Debit Cards info Yes No
Mortgage Loans info Yes No
Customer Service E*TRADE tastytrade
Phone Support (Prospect Customers) info Yes Yes
Phone Support (Current Customers) info Yes Yes
Email Support info Yes Yes
Live Chat (Prospect Customers) info No Yes
Live Chat (Current Customers) info Yes Yes
24/7 Support info Yes No
Overall E*TRADE tastytrade
Overall 5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 1.5/5 Stars
Education 5/5 Stars 4/5 Stars
Ease Of Use 5/5 Stars 5/5 Stars
Winner check_circle
Review E*TRADE Review tastytrade Review
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