Quick Start

The most user-friendly interface.

Get access to trade over 100 global trading assets.

Why We Chose It

We selected PocketOption because of its favorable pricing on options trades, award-winning options trading platform, excellent customer support, and comprehensive options education opportunities alongside alerts.

Pros:

  • Costs go down as your trade size increases
  • Strong options analytics tools
  • Robust options trading educational features
  • Impressive analytics tools and deep research

Cons:

  • Lower costs for traders who trade less frequently
  • Time to learn platform
  • Educational material focuses heavily on options trading
  • Limited product offerings and no interest on cash balances

Overview

Scott Weisberg and Tom Sosnoff, two former CBOE traders, took the independent platform opportunity for options trading. After the platform was launched in 2011, it quickly became one of the most popular trading platforms. The innovative platform offers traders access to a variety of financial instruments, including stocks, futures, foreign exchange, and cryptocurrencies.

The platform's success can be attributed to its unique trading interface resulting in a highly functionaluser interface that values its trader's needs. One of its standout features is the step-rating indicator,which provides traders to track current market for the best prices, ensuring optimal trade execution. The platform's success can be credited to its unique trading interface that puts traders first and gives them options to trade.

Key Areas of Evaluation

We compared and reviewed each brokerage based on several important criteria.

  • Fees and Commissions
  • Research Amenities
  • Trading Tools
  • Customer Support
  • Platform Usability
  • Security Features
  • Mobile Trading Capabilities
  • Educational Resources
  • Investment Options
  • Account Types
  • Promotional Offers

How Tastytrade's Liquidity Rating Indicator Works in Practice

Tastytrade's liquidity rating indicator is designed to help traders assess market conditions.

Component Minimum Recommended
OS Windows 10 (64-bit) Windows 10 (64-bit)
Processor Intel Core i5-2500K / AMD FX-6300 Intel Core i7-4770K / AMD Ryzen 5 1600
RAM 8 GB 16 GB
Graphics NVIDIA GTX 960 / AMD Radeon R9 380 NVIDIA GTX 1060 / AMD RX 580
Storage 50 GB 50 GB
1

Market Depth Analysis

The liquidity rating indicator evaluates the depth of the market for specific options contracts.

2

Bid-Ask Spread Evaluation

A narrower bid-ask spread typically indicates higher liquidity.

3

Volume and Open Interest

The indicator also considers the volume of trades and open interest for options contracts.

4

Real-Time Updates

Tastytrade provides real-time updates on liquidity ratings.

Conclusion

In summary, tastytrade's liquidity rating indicator serves as a powerful tool for traders. By providing insights into market depth, bid-ask spreads, volume, and real-time updates, it enables users to make more informed trading decisions and optimize their strategies in the options market. This feature enhances the trading experience and helps traders navigate the complexities of options trading more effectively

Tastytrade offers competitive pricing for trades, especially in the options market. They charge $1.00 to open an options contract and $0.00 to close the position, effectively reducing the cost to open and close an options contract to just $0.50 for each side. This pricing structure compares favorably with most other brokers, which typically charge around $0.65 per side for options trades. This competitive pricing, combined with their robust educational resources and analytical tools, positions tastytrade as a leading choice for options traders seeking value and support.

In summary, tastytrade not only provides an intuitive and cost-effective trading experience but also empowers its users with the knowledge and tools necessary to succeed in the complex world of options trading. Whether you are just starting your trading journey or are a seasoned trader looking to refine your strategies, tastytrade is well-equipped to support your goals

By thoroughly reviewing each platform based on these categories, we aim to provide a balanced and comprehensive overview. This systematic evaluation allows us to highlight the best options trading platforms that cater to a wide range of trading styles and preferences.

19 reviews

Ivan Ivanov

Ivan Ivanov 01 February

At the start, they offer a large welcome bonus package. There are also several levels of the loyalty program with no deposit bonuses and birthday gifts. The cashback is a whopping 25 percent — quite impressive. However, to receive it, you need to reach the bronze level

Ivan Ivanov

Ivan Ivanov 01 February

At the start, they offer a large welcome bonus package. There are also several levels of the loyalty program with no deposit bonuses and birthday gifts. The cashback is a whopping 25 percent — quite impressive. However, to receive it, you need to reach the bronze level

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