Tastyworks was already a low price trading platform since it first released around 2017.Tastyworks is now lower it's price inline with current market developments. Starting Oct 16 2019, there will be $0 commissions for trading shares on stock and ETFs. So if you trade stocks, options and futures, then you should take advantage of Tastyworks new low prices.
As for TD Ameritrade, I received an email from TD Ameritrade US on Oct 2 2019 that the fees is also lowered for US trader. You can check out their pricing here. However, fees structure remains the same for international traders.
To know the latest pricing from Tastyworks, click here.
I only deal with options on stocks/ETFs. As you know since day one, opening options trade on stock and ETF from Tastyworks platform is USD1.00(+regulatory fees). Closing options trade is always USD0.00(+regulatory fees). Opening trade to buy or sell shares for stock and ETFs, which was USD5.00 is now USD0.00(+regulatory fees).
This was starting Jan 2nd, 2018, Tastyworks introduced capped commissions for large option trades. This means the most commission you will pay for any single leg option trade is $10 (plus clearing fees). That’s right, just $10 per leg! Then capped commission for vertical spreads is USD20, iron condors USD40.
Well, you can check out the comparison table above for large contract trading.
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