Webull vs tastytrade 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.
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.
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 |
|
|
---|---|---|
Stock Trading | Yes | Yes |
Margin Trading | Yes | Yes |
Fractional Shares | Yes | Yes |
OTC Stocks | Yes | No |
Mutual Funds | No | No |
Options Trading | Yes | Yes |
Futures Trading | Yes | Yes |
Crypto Trading | No | Yes |
Crypto Trading - Total Coins | 0 | 4 |
Range of Investments |
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Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025
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 |
|
|
---|---|---|
Web Trading Platform | Yes | Yes |
Desktop Trading Platform | Yes | Yes |
Desktop Platform (Mac) | Yes | Yes |
Paper Trading | Yes | No |
Watch Lists - Total Fields | 35 | 33 |
Charting - Indicators / Studies | 52 | 308 |
Charting - Drawing Tools | 19 | 31 |
Platforms & Tools |
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Dive deeper: Best Online Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
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 |
|
|
---|---|---|
Education (Stocks) | Yes | Yes |
Education (ETFs) | Yes | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | No | No |
Education (Bonds) | No | No |
Paper Trading | Yes | No |
Videos | Yes | No |
Webinars | Yes | Yes |
Education |
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Dive deeper: Best Stock Trading Platforms for Beginners of 2025
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 |
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|
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iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | Yes | No |
Stock Alerts | Yes | No |
Charting - After-Hours | Yes | Yes |
Charting - Technical Studies | 56 | 0 |
Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
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 |
|
|
---|---|---|
Minimum Deposit | $0.00 | $0.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.00 | $0.50 |
Options Exercise Fee | $0.00 | $5.00 |
Options Assignment Fee | $0.00 | $5.00 |
IRA Annual Fee | $0.00 | $0.00 |
IRA Closure Fee | $0.00 | $60.00 |
Dive deeper: Best Free Trading Platforms for 2025
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 |
|
|
---|---|---|
Streaming Time & Sales | Yes | No |
Streaming TV | No | Yes |
Direct Market Routing - Stocks | No | No |
Level 2 Quotes - Stocks | Yes | No |
Trade Ideas - Backtesting | No | No |
Trade Ideas - Backtesting Adv | No | No |
Short Locator | No | Yes |
Dive deeper: Best Day Trading Platforms for 2025
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 |
|
|
---|---|---|
Research - Stocks | Yes | Yes |
Screener - Stocks | Yes | No |
Research - ETFs | Yes | Yes |
Screener - ETFs | No | No |
Research - Mutual Funds | No | No |
Screener - Mutual Funds | No | No |
Research - Bonds | No | No |
Screener - Bonds | No | No |
Research |
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|
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 |
|
|
---|---|---|
Checking Accounts | No | No |
Savings Accounts | No | No |
Debit Cards | No | No |
Credit Cards | No | No |
Mortgage Loans | No | No |
CDs | No | No |
Dive deeper: Best Bank Accounts for Trading Stocks for 2025
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.
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
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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0 of 5Overall Rating | Webull | tastytrade | |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Customer Service |
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Education |
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Ease Of Use |
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Winner | check_circle | ||
Review | Webull Review | tastytrade Review |
Broker Screenshots | Webull | tastytrade | |
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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 | $0.00 | $0.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | N/A | N/A | |
Mutual Fund Trade Fee | N/A | N/A | |
Options (Per Contract) | $0.00 | $0.50 | |
Futures (Per Contract) | $1.25 | $1.25 | |
Broker Assisted Trade Fee | N/A | $0 |
Margin Rates | Webull | tastytrade | |
---|---|---|---|
Margin Rate Under $25,000 | 9.24% | 11% | |
Margin Rate $25,000 to $49,999.99 | 8.74% | 10.5% | |
Margin Rate $50,000 to $99,999.99 | 8.24% | 10% | |
Margin Rate $100,000 to $249,999.99 | 7.74% | 9.5% | |
Margin Rate $250,000 to $499,999.99 | 7.74% | 9% | |
Margin Rate $500,000 to $999,999.99 | 6.74% | 8.5% | |
Margin Rate Above $1,000,000 | 6.24% | 8% |
Account Fees | Webull | tastytrade | |
---|---|---|---|
IRA Annual Fee | $0.00 | $0.00 | |
IRA Closure Fee | $0.00 | $60.00 | |
Account Transfer Out (Partial) | $75.00 | $75.00 | |
Account Transfer Out (Full) | $75.00 | $75.00 | |
Options Exercise Fee | $0.00 | $5.00 | |
Options Assignment Fee | $0.00 | $5.00 |
Investment Options | Webull | tastytrade | |
---|---|---|---|
Stock Trading | Yes | Yes | |
Margin Trading | Yes | Yes | |
Fractional Shares | Yes | Yes | |
OTC Stocks | Yes | No | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 4 | 4 | |
Futures Trading | Yes | Yes | |
Forex Trading | No | No | |
Crypto Trading | No | Yes | |
Crypto Trading - Total Coins | 0 | 4 | |
Mutual Funds (No Load) | 0 | 0 | |
Mutual Funds (Total) | 0 | 0 | |
Bonds (US Treasury) | No | No | |
Bonds (Corporate) | No | No | |
Bonds (Municipal) | No | No | |
Traditional IRAs | Yes | Yes | |
Roth IRAs | Yes | Yes | |
Advisor Services | No | No | |
International Countries (Stocks) | 0 | 0 |
Order Types | Webull | tastytrade | |
---|---|---|---|
Order Type - Market | Yes | Yes | |
Order Type - Limit | Yes | Yes | |
Order Type - After Hours | Yes | Yes | |
Order Type - Stop | Yes | Yes | |
Order Type - Trailing Stop | Yes | No | |
Order Type - OCO | Yes | Yes | |
Order Type - OTO | Yes | Yes | |
Order Type - Broker Assisted | No | Yes |
Beginners | Webull | tastytrade | |
---|---|---|---|
Education (Stocks) | Yes | Yes | |
Education (ETFs) | Yes | Yes | |
Education (Options) | Yes | Yes | |
Education (Mutual Funds) | No | No | |
Education (Bonds) | No | No | |
Education (Retirement) | No | No | |
Retirement Calculator | No | No | |
Investor Dictionary | Yes | Yes | |
Paper Trading | Yes | No | |
Videos | Yes | No | |
Webinars | Yes | Yes | |
Webinars (Archived) | Yes | Yes | |
Progress Tracking | Yes | Yes | |
Interactive Learning - Quizzes | Yes | No |
Stock Trading Apps | Webull | tastytrade | |
---|---|---|---|
iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | Yes | No | |
Trading - Stocks | Yes | Yes | |
Trading - After-Hours | Yes | Yes | |
Trading - Simple Options | Yes | Yes | |
Trading - Complex Options | Yes | Yes | |
Order Ticket RT Quotes | Yes | Yes | |
Order Ticket SRT Quotes | Yes | Yes |
Stock App Features | Webull | tastytrade | |
---|---|---|---|
Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | No | No | |
Videos on Demand | No | No | |
Stock Alerts | Yes | No | |
Option Chains Viewable | Yes | Yes | |
Watch List (Real-time) | Yes | Yes | |
Watch List (Streaming) | Yes | Yes | |
Watch Lists - Create & Manage | Yes | Yes | |
Watch Lists - Column Customization | No | Yes |
Stock App Charting | Webull | tastytrade | |
---|---|---|---|
Charting - After-Hours | Yes | Yes | |
Charting - Can Turn Horizontally | Yes | Yes | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 56 | 0 | |
Charting - Study Customizations | Yes | No | |
Charting - Stock Comparisons | Yes | No |
Trading Platforms | Webull | tastytrade | |
---|---|---|---|
Active Trading Platform | N/A | tastytrade | |
Desktop Trading Platform | Yes | Yes | |
Desktop Platform (Mac) | Yes | Yes | |
Web Trading Platform | Yes | Yes | |
Paper Trading | Yes | No | |
Trade Journal | No | No | |
Watch Lists - Total Fields | 35 | 33 |
Stock Chart Features | Webull | tastytrade | |
---|---|---|---|
Charting - Adjust Trades on Chart | Yes | Yes | |
Charting - Indicators / Studies | 52 | 308 | |
Charting - Drawing Tools | 19 | 31 | |
Charting - Notes | Yes | Yes | |
Charting - Index Overlays | Yes | Yes | |
Charting - Historical Trades | Yes | Yes | |
Charting - Corporate Events | Yes | Yes | |
Charting - Custom Date Range | No | No | |
Charting - Custom Time Bars | No | No | |
Charting - Automated Analysis | Yes | No | |
Charting - Save Profiles | Yes | Yes | |
Trade Ideas - Technical Analysis | No | No | |
Charting - Study Customizations | 2 | 7 | |
Charting - Custom Studies | Yes | Yes |
Day Trading | Webull | tastytrade | |
---|---|---|---|
Streaming Time & Sales | Yes | No | |
Streaming TV | No | Yes | |
Direct Market Routing - Stocks | No | No | |
Ladder Trading | Yes | Yes | |
Trade Hotkeys | Yes | No | |
Level 2 Quotes - Stocks | Yes | No | |
Trade Ideas - Backtesting | No | No | |
Trade Ideas - Backtesting Adv | No | No | |
Short Locator | No | Yes | |
Order Liquidity Rebates | No | No |
Research Overview | Webull | tastytrade | |
---|---|---|---|
Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | No | No | |
Research - Pink Sheets / OTCBB | Yes | No | |
Research - Bonds | No | No | |
Screener - Stocks | Yes | No | |
Screener - ETFs | No | No | |
Screener - Mutual Funds | No | No | |
Screener - Bonds | No | No | |
Misc - Portfolio Allocation | No | Yes |
Stock Research | Webull | tastytrade | |
---|---|---|---|
Stock Research - PDF Reports | 0 | 0 | |
Stock Research - Earnings | Yes | No | |
Stock Research - Insiders | Yes | No | |
Stock Research - Social | Yes | No | |
Stock Research - News | Yes | Yes | |
Stock Research - ESG | No | No | |
Stock Research - SEC Filings | Yes | No |
ETF Research | Webull | tastytrade | |
---|---|---|---|
ETFs - Strategy Overview | Yes | No | |
ETF Fund Facts - Inception Date | Yes | No | |
ETF Fund Facts - Expense Ratio | Yes | No | |
ETF Fund Facts - Net Assets | Yes | No | |
ETF Fund Facts - Total Holdings | Yes | No | |
ETFs - Top 10 Holdings | Yes | No | |
ETFs - Sector Exposure | Yes | No | |
ETFs - Risk Analysis | No | Yes | |
ETFs - Ratings | Yes | No | |
ETFs - Morningstar StyleMap | No | No | |
ETFs - PDF Reports | No | No |
Mutual Fund Research | Webull | tastytrade | |
---|---|---|---|
Mutual Funds - Strategy Overview | No | No | |
Mutual Funds - Performance Chart | No | No | |
Mutual Funds - Performance Analysis | No | No | |
Mutual Funds - Prospectus | No | No | |
Mutual Funds - 3rd Party Ratings | No | No | |
Mutual Funds - Fees Breakdown | No | No | |
Mutual Funds - Top 10 Holdings | Yes | No | |
Mutual Funds - Asset Allocation | No | No | |
Mutual Funds - Sector Allocation | No | No | |
Mutual Funds - Country Allocation | No | No | |
Mutual Funds - StyleMap | No | No |
Options Trading | Webull | tastytrade | |
---|---|---|---|
Option Chains - Basic View | Yes | Yes | |
Option Chains - Strategy View | Yes | Yes | |
Option Chains - Streaming | No | Yes | |
Option Chains - Total Columns | 23 | 20 | |
Option Chains - Greeks | 5 | 5 | |
Option Chains - Quick Analysis | Yes | Yes | |
Option Analysis - P&L Charts | Yes | Yes | |
Option Probability Analysis | Yes | Yes | |
Option Probability Analysis Adv | Yes | Yes | |
Option Positions - Greeks | Yes | Yes | |
Option Positions - Greeks Streaming | No | Yes | |
Option Positions - Adv Analysis | No | Yes | |
Option Positions - Rolling | Yes | Yes | |
Option Positions - Grouping | No | Yes |
Banking | Webull | tastytrade | |
---|---|---|---|
Bank (Member FDIC) | No | No | |
Checking Accounts | No | No | |
Savings Accounts | No | No | |
Credit Cards | No | No | |
Debit Cards | No | No | |
Mortgage Loans | No | No |
Customer Service | Webull | tastytrade | |
---|---|---|---|
Phone Support (Prospect Customers) | Yes | Yes | |
Phone Support (Current Customers) | Yes | Yes | |
Email Support | Yes | Yes | |
Live Chat (Prospect Customers) | No | Yes | |
Live Chat (Current Customers) | No | Yes | |
24/7 Support | No | No |
Overall | Webull | tastytrade | |
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Overall |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Education |
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Ease Of Use |
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Winner | check_circle | ||
Review | Webull Review | tastytrade Review |