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Webull vs tastytrade 2025

StockBrokers.com

Written by StockBrokers.com

March 11, 2025

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

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

Range of investments

When deciding between Webull and tastytrade, it's important to know that both online brokers offer a broad array of investment options tailored for diverse portfolios, though neither stands out as a clear winner across all categories. Both platforms support stock and options trading, including the ability to trade on margin and invest in fractional shares. Additionally, they offer future trading and support traditional and Roth IRA accounts, making them versatile choices for varied investment strategies. However, tastytrade edges out Webull with its option for crypto trading, supporting four different coins, while Webull does not offer this feature. Conversely, Webull supports over-the-counter (OTC) stocks, a feature not available on tastytrade.

Webull and tastytrade are fairly matched when it comes to many categories, and both score a solid 4 out of 5 stars for their range of investments. Yet when ranked by StockBrokers.com, tastytrade comes in slightly ahead at number 10, compared to Webull's number 11, highlighting a subtle advantage for those seeking a slightly greater variety in trading options. Both platforms lack offerings like mutual funds and forex trading, and they do not provide advisor services, which could be a consideration for investors looking for guided investment strategies.

Ultimately, the choice between Webull and tastytrade boils down to specific investment needs such as the preference for OTC stocks with Webull or the option for cryptocurrency investments through tastytrade. With their overlapping strengths and few differentiating factors, users must evaluate what's most important for their individual financial goals and trading preferences. Whether you gravitate towards the unique features of one over the other, both brokers cater adeptly to a broad spectrum of traders and investors.

Feature Webull logoWebull
tastytrade logotastytrade
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes Yes info
OTC Stocks info Yes No
Mutual Funds info No 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 Stars 4/5 Stars

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

Trading platforms and tools

Webull and tastytrade provide comparable offerings with their trading platforms, each boasting a downloadable Windows and Mac application as well as a browser-based platform. An essential difference is Webull’s inclusion of paper trading, a feature tastytrade lacks. Both brokers enable enhancements like adjusting open orders directly on stock charts and adding notes to charts, but tastytrade stands out with its range of 308 technical indicators compared to Webull's 52. However, Webull slightly edges out tastytrade in ranking, securing the #7 position over tastytrade's #8 in StockBrokers.com's assessment of trading platforms and tools, with both receiving a four-star rating.

Webull shines with its flexibility for customization, offering features such as the ability to add custom studies to charts, a function tastytrade also provides. Interestingly, while both platforms allow multiple chart profiles to be saved, Webull pulls ahead with its automated technical analysis feature. However, tastytrade holds the upper hand in technical depth, offering more customization fields when editing an SMA study, with seven fields compared to Webull's two, and more drawing tools for charting, providing users with 31 as opposed to Webull's 19.

In watch list configurations, Webull gives traders access to 35 different columns or fields, slightly more than tastytrade's 33, offering a tad more versatility in how traders can personalize their interface. Both platforms enhance the trader’s experience by enabling the display of historical trades and corporate events on their charts, yet neither provides the ability to set custom date ranges for charts. Overall, while each platform has its strengths, Webull’s slight lead in rankings and paper trading support might make it a more attractive choice for those prioritizing flexibility and learning tools.

Feature Webull logoWebull
tastytrade logotastytrade
Web Trading Platform info Yes Yes
Desktop Trading Platform info Yes Yes
Desktop Platform (Mac) info Yes Yes
Paper Trading info Yes No
Watch Lists - Total Fields info 35 33
Charting - Indicators / Studies info 52 308
Charting - Drawing Tools info 19 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 comparing Webull and tastytrade in terms of investor education for beginners, both platforms show a commitment to guiding new users. They each offer educational resources on stocks, ETFs, and options, helping users grasp these complex concepts. However, neither broker provides education on mutual funds or bonds, which may be a consideration for users interested in these asset types. A notable distinction is Webull's inclusion of paper trading, a feature valuable for beginners to practice trading without the risk of real money. Additionally, Webull provides educational videos and quizzes, enhancing its interactive learning experience, whereas tastytrade does not.

Both Webull and tastytrade host webinars to support ongoing learning, and they allow users to track their educational progress. Despite these similarities, it's important to note that Webull's ranking for education stands at #11 according to StockBrokers.com, while tastytrade holds a slightly better position at #10. Despite this, both platforms achieve a satisfying 4-star rating for their educational offerings. These attributes make Webull and tastytrade viable contenders for beginners looking to deepen their investing knowledge, each offering unique advantages.

Feature Webull logoWebull
tastytrade logotastytrade
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info No No
Education (Bonds) info No No
Paper Trading info Yes No
Videos info Yes No
Webinars info Yes Yes
Education 4/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

When considering the stock trading apps of Webull and tastytrade, each platform offers unique features that cater to different trading needs. Both are highly rated at 4.5 stars for their mobile applications, indicating strong user satisfaction. However, Webull takes the edge in rankings by placing #5 among 15 brokers on StockBrokers.com, while tastytrade sits at #10. Though both apps are available on iPhone and Android, Webull also extends its reach with an Apple Watch app, enhancing its accessibility for users seeking versatile access points.

Webull and tastytrade both support mobile options trading and after-hours charting, providing flexibility for traders who require timely data and expanded trading windows. Streaming quotes and the ability to view charts in landscape mode further complement the user experience on both apps. However, Webull sets itself apart with features like mobile stock alerts and the ability to display stock comparisons on charts. Additionally, Webull offers a significant advantage with 56 technical studies for mobile charting, whereas tastytrade does not provide any.

Tastytrade shines in its ability to customize watch list columns, an area where Webull falls short. Both platforms allow users to create custom watch lists and view multiple time frames for charting, making them solid choices for traders who value personalized data tracking. Despite tastytrade's lack of certain features such as stock alerts and comprehensive charting tools, it still serves as a robust platform for investors comfortable without those features. Ultimately, Webull's broader feature set and higher ranking make it a standout choice for traders who prioritize extensive technical tools and app integration. However, tastytrade remains a compelling option for traders drawn to its customization capabilities and consistent ratings.

Feature Webull logoWebull
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 56 0
Mobile Trading Apps 4.5/5 Stars 4.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

For those looking to choose between Webull and tastytrade, Webull presents itself as the more cost-effective choice across several fee categories, especially when it comes to options trading and margin rates. Both platforms offer the attractive feature of no minimum deposit requirements and $0 fees for regular stock trades. Where Webull shines is in its $0 fees for options contracts, compared to the $0.50 per contract charge at tastytrade. Webull also generally boasts lower rates for margin balances across various tiers and zero fees for IRA accounts and closures, while tastytrade charges a $60 fee for IRA closures.

When considering margin rates, Webull offers more competitive rates across all balance categories. For balances below $25,000, Webull charges 9.24% compared to tastytrade's 11%. As the balances increase, Webull maintains its edge by offering better rates, reducing to 8.24% for balances between $50,000 and $99,999, whereas tastytrade charges 10%. This could significantly influence the decision for margin traders aiming to minimize additional costs on their investments.

Both Webull and tastytrade charge an identical $75 for both partial and full account transfers (ACATS), creating parity in this regard. However, differences arise again with options-related fees; Webull charges nothing for options exercises and assignments, compared to a $5 fee on each at tastytrade. The absence of these fees at Webull contributes to its appeal as a broker that minimizes trading expenses for budget-conscious investors. This comparative analysis highlights Webull's advantage for those prioritizing low costs in their trading activities.

Feature Webull logoWebull
tastytrade logotastytrade
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.00 $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 Webull and tastytrade for day trading, several key features set them apart. Webull offers streaming time and sales for stocks, providing traders with detailed information to make informed decisions, while tastytrade does not offer this feature. Webull also supports ladder trading and trading hotkeys, allowing for quick trade entries and better control during fast-paced trading sessions. Moreover, Webull provides level 2 quotes, presenting more depth in market data. Meanwhile, tastytrade offers streaming live TV, catering to traders who prefer real-time financial news and analysis as part of their trading routine. Both platforms lack direct market routing and backtesting capabilities, which might be a consideration for some traders.

On the other hand, tastytrade stands out with its short locator tool, allowing users to access real-time availability of shares to short, an edge for those interested in short selling. Webull, however, does not offer this tool. Neither Webull nor tastytrade provides order liquidity rebates or advanced strategy backtesting, which might limit certain trading strategies. Ultimately, if real-time market data, quick trade execution, and detailed quotes are priorities, Webull could be the better choice. For traders who want comprehensive live market commentary and a useful short locator tool, tastytrade might be more appealing.

Feature Webull logoWebull
tastytrade logotastytrade
Streaming Time & Sales info Yes No
Streaming TV info No Yes
Direct Market Routing - Stocks info No No
Level 2 Quotes - Stocks info Yes 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, Webull is generally considered to outperform tastytrade, especially in areas such as social media sentiment analysis and stock screening. While neither platform supports research on mutual funds or bonds, Webull provides insights into Pink Sheets/OTCBB, where tastytrade does not. Although both platforms lack downloadable PDF research reports for stocks or ETFs, Webull offers a more favorable overall rating and higher ranking for market research than tastytrade.

For traders particularly interested in stock research, both Webull and tastytrade offer this capability. However, Webull presents an edge with its incorporation of social media sentiment data, providing a modern approach to analyzing market trends. On the other hand, if you're looking specifically for portfolio allocation features, tastytrade might be a better option as it allows you to view portfolio allocation by asset class, unlike Webull.

Neither platform includes downloadable PDF reports or ESG (Environmental, Social, and Governance) research. Tastytrade also doesn't support a stock screener for trade ideas, which limits the tools available to users looking to easily sort through potential investments. Overall, while both platforms have gaps in their research features, Webull provides slightly more comprehensive tools and insights for investors compared to tastytrade.

Feature Webull logoWebull
tastytrade logotastytrade
Research - Stocks info Yes Yes
Screener - Stocks info Yes No
Research - ETFs info Yes Yes
Screener - ETFs info No No
Research - Mutual Funds info No No
Screener - Mutual Funds info No No
Research - Bonds info No No
Screener - Bonds info No No
Research 2.5/5 Stars 1.5/5 Stars

Banking

When considering both Webull and tastytrade for your banking needs, it's important to understand their limitations. Neither Webull nor tastytrade currently provides traditional banking products such as checking or savings accounts, debit or credit cards, or mortgage loans. Additionally, neither platform offers certificates of deposit (CDs), which are often sought after for secure, short-term savings growth. While both Webull and tastytrade are popular choices for trading and investment, those in need of comprehensive banking services might need to look elsewhere. This comparison helps spotlight their focus on investment offerings, lacking the banking features some users might seek alongside their trading activities.

Feature Webull logoWebull
tastytrade logotastytrade
Checking Accounts info No No
Savings Accounts info No No
Debit Cards info No No
Credit Cards info No No
Mortgage Loans info No No
CDs info No 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 Webull is better than tastytrade. Webull finished with an overall score of 81.0%, while tastytrade finished with a score of 80.1%.

Webull is an excellent choice for beginning and intermediate traders. The user experience is outstanding, and Webull has better charts than its natural competitor, Robinhood. Options contracts are commission-free, but crypto markups and markdowns are on the high side. Experienced investors may eventually miss the features, research, and investment choices available at leading brokers.

FAQs

Can you trade cryptocurrency with Webull or tastytrade?

When it comes to crypto trading, tastytrade stands out as the better option compared to Webull, offering trading for 4 different coins while Webull does not support crypto trading at all.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does Webull or tastytrade offer IRAs?

Both Webull and tastytrade offer traditional and Roth IRA accounts with no annual fees. While Webull does not charge a closure fee for IRA accounts, tastytrade imposes a $60 closure fee.

Dive deeper: Best IRA Accounts for 2025

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Compare

0 of 5
Overall Rating Webull tastytrade
Overall 4/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading Apps 4.5/5 Stars 4.5/5 Stars
Research 2.5/5 Stars 1.5/5 Stars
Customer Service 3/5 Stars 4.0/5 Stars
Education 4/5 Stars 4/5 Stars
Ease Of Use 4.5/5 Stars 5/5 Stars
Winner check_circle
Review Webull Review tastytrade Review
Broker Screenshots Webull 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 Webull tastytrade
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Penny Stock Fees (OTC) info N/A N/A
Mutual Fund Trade Fee info N/A N/A info
Options (Per Contract) info $0.00 $0.50 info
Futures (Per Contract) info $1.25 info $1.25
Broker Assisted Trade Fee info N/A $0
Margin Rates Webull tastytrade
Margin Rate Under $25,000 info 9.24% 11%
Margin Rate $25,000 to $49,999.99 info 8.74% 10.5%
Margin Rate $50,000 to $99,999.99 info 8.24% 10%
Margin Rate $100,000 to $249,999.99 info 7.74% 9.5%
Margin Rate $250,000 to $499,999.99 info 7.74% 9%
Margin Rate $500,000 to $999,999.99 info 6.74% 8.5%
Margin Rate Above $1,000,000 info 6.24% info 8%
Account Fees Webull tastytrade
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $60.00
Account Transfer Out (Partial) info $75.00 $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 Webull tastytrade
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes 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 0 0
Mutual Funds (Total) info 0 0
Bonds (US Treasury) info No No info
Bonds (Corporate) info No No
Bonds (Municipal) info No No
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info No No
International Countries (Stocks) info 0 0
Order Types Webull 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 No Yes
Beginners Webull tastytrade
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info No No
Education (Bonds) info No No
Education (Retirement) info No No
Retirement Calculator info No 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 Yes Yes
Interactive Learning - Quizzes info Yes No
Stock Trading Apps Webull 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 Webull tastytrade
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info No 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 No Yes
Stock App Charting Webull 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 56 0
Charting - Study Customizations info Yes No
Charting - Stock Comparisons info Yes No
Trading Platforms Webull tastytrade
Active Trading Platform info N/A tastytrade
Desktop Trading Platform info Yes Yes
Desktop Platform (Mac) info Yes Yes
Web Trading Platform info Yes Yes
Paper Trading info Yes No
Trade Journal info No No
Watch Lists - Total Fields info 35 33
Stock Chart Features Webull tastytrade
Charting - Adjust Trades on Chart info Yes Yes
Charting - Indicators / Studies info 52 308
Charting - Drawing Tools info 19 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 No 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 No No
Charting - Study Customizations info 2 7
Charting - Custom Studies info Yes Yes
Day Trading Webull tastytrade
Streaming Time & Sales info Yes No
Streaming TV info No Yes
Direct Market Routing - Stocks info No No
Ladder Trading info Yes Yes
Trade Hotkeys info Yes No
Level 2 Quotes - Stocks info Yes 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 Webull tastytrade
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info No No
Research - Pink Sheets / OTCBB info Yes No
Research - Bonds info No No
Screener - Stocks info Yes No
Screener - ETFs info No No
Screener - Mutual Funds info No No
Screener - Bonds info No No
Misc - Portfolio Allocation info No Yes
Stock Research Webull tastytrade
Stock Research - PDF Reports info 0 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 Webull 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 No Yes
ETFs - Ratings info Yes No
ETFs - Morningstar StyleMap info No No
ETFs - PDF Reports info No No
Mutual Fund Research Webull tastytrade
Mutual Funds - Strategy Overview info No No
Mutual Funds - Performance Chart info No No
Mutual Funds - Performance Analysis info No No
Mutual Funds - Prospectus info No No
Mutual Funds - 3rd Party Ratings info No No
Mutual Funds - Fees Breakdown info No No
Mutual Funds - Top 10 Holdings info Yes No
Mutual Funds - Asset Allocation info No No
Mutual Funds - Sector Allocation info No No
Mutual Funds - Country Allocation info No No
Mutual Funds - StyleMap info No No
Options Trading Webull tastytrade
Option Chains - Basic View info Yes Yes
Option Chains - Strategy View info Yes Yes
Option Chains - Streaming info No Yes
Option Chains - Total Columns info 23 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 No Yes
Option Positions - Adv Analysis info No Yes
Option Positions - Rolling info Yes Yes
Option Positions - Grouping info No Yes
Banking Webull tastytrade
Bank (Member FDIC) info No No
Checking Accounts info No No
Savings Accounts info No No
Credit Cards info No No
Debit Cards info No No
Mortgage Loans info No No
Customer Service Webull 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 No Yes
24/7 Support info No No
Overall Webull tastytrade
Overall 4/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading Apps 4.5/5 Stars 4.5/5 Stars
Research 2.5/5 Stars 1.5/5 Stars
Education 4/5 Stars 4/5 Stars
Ease Of Use 4.5/5 Stars 5/5 Stars
Winner check_circle
Review Webull Review tastytrade Review
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