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Rated 1 out of 5 stars

Closed out a defined risk trade THREE TIMES HIGHER than the mid price by their moronic trade desk team. Lit my money on fire. Withdrew funds immediately after this.

Company replied

Rated 1 out of 5 stars

I signed up for a new account when they were promoting a $400 credit if you deposit $10,000 or more and keep the money in for at least 3 months. After having the account open for 3 months, I asked abo... See more

Company replied

Rated 5 out of 5 stars

Best and most flexible trading platform! Especially for option traders, everything on the planet and then some, is there. Great executions, FRIENDLY STAFF every time I called them! I also love how... See more

Company replied

Rated 5 out of 5 stars

Dont have much experience with other brokers with options, but this one never let me down. Support is great, always present, and if i dont count those extreme situations like shortly skewed data in ma... See more

Company replied

Company details

  1. Alternative Financial Services
  2. Non-bank financial service

Written by the company

We believe in do-it-yourself investing. We think controlling your own money can be more rewarding than relying on money managers or robo-advisors who put your portfolio on autopilot. That’s why tastytrade gives you every edge possible with the technology, rates, and support that help you succeed more easily on your own. We’re as serious about your money as you are, and we work for you who are brave enough to take your finances into your own hands.


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You should know

3.5

Average

TrustScore 3.5 out of 5

603 reviews

5-star
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1-star

Replied to 96% of negative reviews

Typically replies within 1 week

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Rated 5 out of 5 stars

Tastytrade provides excellent support…

Tastytrade provides excellent support for questions concerning options rollover trades that are not complying with the rules of their presets order tab.

10 May 2024
Unprompted review
tastytrade logo

Reply from tastytrade

Thanks for the 5 star review Vincent!

Rated 5 out of 5 stars

i have had the best customer service i…

i have had the best customer service i could ask for. the platform is totally user friendly and easy to get used to! thanks tasty..

3 May 2024
Unprompted review
tastytrade logo

Reply from tastytrade

Thanks for the amazing review Billy! Looking forward to continuing to bring you the best support and technology :)

Rated 5 out of 5 stars

Tradedesk support is awesome

Tradedesk support is awesome. Stephen helped me avoid a $30 fee.

2 May 2024
Unprompted review
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Reply from tastytrade

Great to hear Robert, glad you could avoid that! I'll make sure Stephen sees your message. We appreciate the 5 star review :)

Rated 5 out of 5 stars

Great team

Great team. Great broker. What can I say?

30 April 2024
Unprompted review
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Reply from tastytrade

Thanks for the kind words Philip! Appreciate the 5 star review

Rated 5 out of 5 stars

The tastytrade customer support team…

The tastytrade customer support team are excellent. I had a put credit spread that was expiring ITM, both legs, and they told me my options in very easy to understand manner. Since it was a defined trade, it worked.

24 April 2024
Unprompted review
tastytrade logo

Reply from tastytrade

Great to hear Ron, we appreciate the 5 star review. I'll share your comments with our support team as well, they will love to see this :)

Rated 1 out of 5 stars

Having opened an account with…

Having opened an account with Tastytrade in January this year, I went on to fund it finally some weeks ago. Although the platform is quite good, despite being buggy at times, my trading experience was horrendous. Days after placing my first trade, my account was set to 'closing only'. When I inquired as to why this was, a member of the trade desk informed me it was because I was 'placing uneconomical trades'. My primary strategy involves trading deep in the money vertical and calendar spreads, because one is able to use low margin, and avail of high profitably for such trades. I asked them to reset my account to place trades again, to which they obliged but only on condition I no longer used these strategies that they didn't like. All the while feeling like a scorned child, and email correspondence that was very dicatatory in tone from customer service. However, when I began trading again, this time using closer to the money trades, albeit somewhat still ITM, I managed to have a diagonal spread fill 5 contracts for a very small risk yesterday, that I also managed to close out for a profit of $820. Then I received an email from Tastytrade again, informing me that because I went against company policy by implementing such trades, my account was again set to closing only and effectively closed. My next step is withdrawing my legitimate profits from my account, and seeking a worthwhile broker whom appreciates my business, and will not excessively micromanage my account in such a ridiculous way. I do not recommend Tastytrade to anyone. Steer clear of this very underhanded brokerage!!

22 April 2024
Unprompted review
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Reply from tastytrade

Thanks for your review and sorry to hear about your experience!

Rated 5 out of 5 stars

Extremely Responsive and Quick Help When Needed

Both times I chatted with the help desk it was immediately responded to and both experts were extremely helpful and knowledgeable. Tastytrade is a great experience all around!

19 April 2024
Unprompted review
tastytrade logo

Reply from tastytrade

Great to hear Keith, thanks for the 5 star review!

Rated 2 out of 5 stars

Customer Service Sucks!

I've been trading with Tastytrade since 2017. Although I do like their platform I have found their fills to be fairly poor versus Schwab's who I find exceptional. The worst thing I find about Tastytrade is their customer service. When you call them for ANYTHING expect to wait several minutes before a live person answers your call. So if you're trading and need to speak to someone quickly good luck because it won't happen and they could care less. They recommend to EMAIL their support team. What a joke! I see on the reviews their basic reply is "Thanks for your review and sorry to hear about your experience!" hahaha Just don't ever expect any changes. When calling them in February, I finally got so fed up with their customer service that I transferred 95% of my money to my Schwab account. I kept some money in there so I can use their option chain as it is very easy to read versus other platforms including Schwab's thinkorswim platform. But Tastytrade's customer service couldn't lick Schwab's boots when it comes to customer service. Tastytrade has to be the worst in regards to customer service of any legitimate broker around.

3 April 2024
Unprompted review
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Reply from tastytrade

Thanks for your review, we are training new phone reps so the wait times should get back to normal soon, apologies for the wait times you experienced!

Rated 5 out of 5 stars

2 words

i have only two words: WOW and TOP (support, fees, everything ok

18 April 2024
Unprompted review
tastytrade logo

Reply from tastytrade

Great to hear Michele, thank you so much for the 5 star review!

Rated 5 out of 5 stars

I liked their security levels

I liked their security levels. People would see it as inconvenience that they blocked privileges but instead that was not me logging in so they saved me from someone taking my money. Secondly, their easy to chat with and quick solutions that are intuitive.

16 April 2024
Unprompted review
tastytrade logo

Reply from tastytrade

Great to hear Derek, thanks for the 5 star review! We take account security extremely seriously at tastytrade.

Rated 5 out of 5 stars

GREAT!

I could feel in my experience clarifying my doubts that Tastytrade is a company that cares about serving customers well.
STEPHEN's service in particular was exceptional, proving to be an excellent professional, serious, competent and patient.

I am very satisfied. :)

Elba

12 April 2024
Unprompted review
tastytrade logo

Reply from tastytrade

Great to hear and thanks for the 5 star review Elba! I'll make sure Stephen sees your message :)

Rated 4 out of 5 stars

Better tax statements please!

As a EU investor, it is a great platform that allows you to buy stocks cheaply, as well as access to US etfs. My only problem with it is that the tax report for capital gains is a simple worksheet, which doesnt look very official in case I need to present it to my local tax authorities. Like another user wrote, I also wished they had a consolidated tax statement with all the trades, dividends by symbol and the profits/losses, instead of dozens of daily activity statements and monthly account statements. Just have an official looking profit/losses document for the whole year, since my local tax auhority would likely not like the current non-official looking worksheet or the dozens of pdfs.

8 April 2024
Unprompted review
tastytrade logo

Reply from tastytrade

Thanks for the review and I will send your suggestions along to our back office!

Rated 5 out of 5 stars

Tradedesk

I hade some questions regarding options and there responce was quick and helpfull.

Unlike other brokers tastytrade have real persons behind their helpdesk who you can ask anything.

2 April 2024
Unprompted review
tastytrade logo

Reply from tastytrade

Thanks for the 5 star review Mikai! Looking forward to continuing to bring you (and all of our clients) the best support possible :)

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