TastyWorks account

Tutorial how to apply for TastyWorks account

In this tutorial, I will show you how to fill up application form to apply for TastyWorks trading account with sample data. This tutorial is based on overseas application.

The data in the form are just samples and you will need to enter your own data accurately. The selections from tastyworks.com webpages could be changed from time to time. I can not be held responsible if you fail to get a live account from tastytrade.com.

 

 

TastyWorks Account Link

Step 1) First, click the sign up "TastyWorks" link at the top right corner of our webpage. You will be directed right to TastyWorks account application page.

TastyWorks Registration

Step 2) You need to enter email address, username and password for the new trading account.

[1] Enter your valid email address. You will receive a verification link from this email address later.

[2] Enter your preferred username that you want to login TastyWorks account later.

[3] & [4] Enter and confirm your password with length more than 8 characters."

[5]  My TastyWorks referral code "PST2NYZQ6V" should be automatically filled. If not, I really appreciate if you can copy and paste my referral code over there.

 

TastyWorks Confirm Email

TastyWorks will send to you an email with verification link. For now, click "WILL DO!" at the pop up window.

 

TastyWorks Confirm Email Link

Step 3) At your mail box, open the email from TastyWorks and click "Confirm my email".

 

TastyWorks Individual Margin Account

Step 4) Let's proceed to account application form.

[1] At the "ACCOUNT" page, for now, you can only apply for "INDIVIDUAL" account which is under a single name.

Other types of account such as Corparate Accounts. Joint Accounts, Custodial Accounts and Portfolio Margin Accounts are not available at this time. Check here for definitions of these accounts.

[2] Click "MARGIN" to apply for margin account. 

A cash account - all transactions must be made with available cash or long positions. A margin account allows an investor to borrow against the value of the assets in the account to purchase new positions or sell short.

I am not sure is retirement account applicable to overseas customers based on descriptions from tastyworks website. You might want to contact them if you have to open a retirement account.

[3] Click "CHOOSE INDIVIDUAL MARGIN" button to proceed.

TastyWorks Trade Page Info

Step 5) Now here is the "TRADER" page that requires a lot of info from you.

[1] & [2] Enter your last name and first name accordingly.

[3], [4], [5], [6] & [7] Enter your complete home address correctly. You will need to upload a copy of utility bill or bank statement account to match this address.

[8] Click "YES" if mailing and home address are the same. If not, click "NO" and enter your mailing address. 

[9] Enter your mobile phone number. Office and home phone numbers are optional. You will need the mobile number to receive verification code later.

[10] Select your citizenship status. Since I am using overseas account application as example, select "NO". If you are US citizen, then "YES".

[11] Select country of your citizenship.

[12] Select country of birth.

[13] Enter your home country income tax number.

[14] Enter your marital status.

[15] Enter number of dependents (spouse + kids).

[16], [17] & [18] Enter your date of birth.

[19] Tell them how did you hear about TastyWorks.

[20], [21], [22] & [23] Enter your employment status and details.

[24] Backup withholding is a type of tax withholding on specific types of income for federal tax purposes. Depend on your country. In my case, it is "NO".

[25], [26] &[27] Enter your affiliate information. In my case, all are "NO".

[28] Enter name of the bank that you want to transfer money from or to your trading account.

[29] Enter your initial deposit to your trading account.

Currently TastyWorks account opening is having promotion on  "Bob the Trader". (The promotion in US ended in April 2017 based on info from their website.) You can have two years subscription for FREE after you deposited at least USD2000 into TastyWorks trading account within one month time (for overseas customers) after account opening. You will be able to view and follow Tom's and Tony's trade in real time. Promotion may be ending soon.

[30] Enter your initial type of account transfer, either wire or bank account transfer. Since I am from overseas, I select "WIRE".

[31], [32] & [33] Enter your liquidity needs, expected withdrawals frequency and account active type.

Click "CONTINUE TO TRADING ACCESS".

 

TastyWorks Access Page Info

Step 6) At the "ACCESS" page, 

[1], [2], [3] & [4] Enter your knowledge level on stocks, options and futures. Or [5] you can press "FAST FORWARD" button if you have extensive knowledge on all trading tools.

Note that TasyWorks is not able to let you trade futures at this point of time.

[6] Select one of your trading objective.

[7], [8] & [9] Enter your financial information. About is just a sample data. I don't have such money ya.

Click "CONTINUE TO SECURITY".

 

TastyWorks Security Page Info

Step 7) At "SECURITY" page,

[1] Enter your mobile number and get a verification code via SMS. Then enter this code into the form. Or you can verify yourself via two-factor authentication.

[2] & [3] Create your own unique security question and answer. Example your first pet's name, high school name...

Click "CONTINUE TO IMPORTANT DOCUMENTS".

 

TastyWorks Documents Page Info Step 8) At "DOCUMENT" page,

[1] Upload a copy of your passport under Jpeg, PNG or GIF format.

[2] & [3] Upload a copy of document that match and verify your home address such as telephone, water or electricity bill, or even bank account statement.

[4] Read important documents from TastyWorks and click "YES".

Okay!! Great job and you are done with the application process. 

I got my account approved within 24 hours. Very fast! TastyWorks does not require a time line for you to fund your account. However, if you want to get two years of "Bob the trader" for free, get your money ready and fund your account within one month.

Good luck and all the best!

Comments  
#9 Small Potato 2019-03-27 02:58
Hello KC,
It is entirely up to you. Each has their own advantages and disadvantages.
Thx
Quote
#8 K.C. Yoon 2019-03-27 02:42
Hello, between tastyworks and td, which one is better? What is your recommendation?
Quote
#7 Small Potato 2018-09-21 22:33
Hello Daud,
Your country is not in both accept or reject list.

https://tastyworks.desk.com/customer/en/portal/articles/2802397-international-accounts

You can send an email to tastyworks for clarification. There is a link in page above.

Quoting DAUD:
My country name Bangladesh not showing in the country list.
How to slove this ?
Quote
#6 DAUD 2018-09-21 13:18
My country name Bangladesh not showing in the country list.
How to slove this ?
Quote
#5 Small Potato 2018-03-30 23:33
Steven,
Tastyworks now offer joint account. You can contact them for detail.

Quoting Steven Soon:
Hello, I want to setup join account with my wife but can not find "join account" selection. Please help.

Quoting Steven Soon:
Hello, I want to setup join account with my wife but can not find "join account" selection. Please help.
Quote
#4 Small Potato 2018-02-27 07:56
Hello Steven,
Currently Tastyworks not supporting join account. You might want to check with them from time to time. Thx.

Quoting Steven Soon:
Hello, I want to setup join account with my wife but can not find "join account" selection. Please help.
Quote
#3 Small Potato 2018-02-27 07:54
Hello jjl,
Sorry for the late reply. I did not set my email notification right. Hope your problem solved by now.

Quoting jjl:
hi i have a question about the phone number.. im from singapore. lets say my phone number is 91234567

The singapore country code is +65. but when i clicked the verify my number button the code is sent to (659)-123-4567 and not (65) 91234567.

do you have this problem?
Quote
#2 Steven Soon 2018-02-27 04:18
Hello, I want to setup join account with my wife but can not find "join account" selection. Please help.
Quote
#1 jjl 2017-12-20 08:39
hi i have a question about the phone number.. im from singapore. lets say my phone number is 91234567

The singapore country code is +65. but when i clicked the verify my number button the code is sent to (659)-123-4567 and not (65) 91234567.

do you have this problem?
Quote
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