Review & Analysis
Traders Learn about the Tastyworks brokerage service through this 3rd Party, Tastyworks platform review & analysis.
Tastyworks was established by Tom Sosnoff. Tom Sosnoff became famous for creating the Thinkorswim platform that was sold to TD Ameritrade. Furthermore, he coordinated a success trading group called Dough/Tastytrade, launched in 2011. Indeed, Tom’s influence is great. His trading group identified a unique stock options trading style. No doubt, the platform implements this style well.
Various topic posts have been set up for your benefit that can be seen here: Tastyworks Reviews.
Tastyworks commissions are communicated early on and upfront. The brokerage fees, or commissions, are primarily coordinated for the trader who thrives with scaling-in and scaling-out. In other words, the fees are designed for large quantity, in smaller increment, trades. The fee schedule analyzed is here:
The “fine print” stock option and trading fees can be seen here: Tastyworks commissions & fees.
The Tastyworks platform was designed to be high functioning. Generally speaking, it kept only the tools a trader needs and none of the “fluff” other platforms have in place (see: Tastyworks screenshots). The platform functions well for both beginner and seasoned traders alike. Accordingly, the tools available to be easily manipulated. Motivated options traders that manipulate charts and data will benefit the most.
The platform feels different than most others. Time is required to get used to it. This analysis is based upon the launch of Tastyworks in 2017. Overall, it has been a quality experience. Tastyworks publicizes unique trade ideas. Traders benefit from this. Furthermore, the ideas are displayed for free. In addition, traders can review the trade ideas directly inside the platform. And implement them at will.
The best collected fact on the Tastyworks platform: Fee structure marketed inexpensive. Platform integrated for ease of use. Trade establishing speed incredibly fast. Trade editing also incredibly fast. Analysis tools implement easily and score well. Therefore, analysis projects the platform to only become more fluid in time.
From here on, to assist stock option traders, this website compiles and analyzes the Tastyworks platform. Founded this year, Tastyworks has much growth potential. In fact, the Tastyworks group is actively soliciting for improvement ideas from its user-base. Review the video below or sign up and explore Tastyworks for yourself: Tastyworks Sign up. Margin accounts require $2,000 to fund.
Of course, traders can sign up for the platform here and evaluate it themselves:
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I follow the Simpler Options group combined with Tastyworks like it was suggested here. It's awesome! I'm making pretty good money so far.
It's okay so far. I think they are needing to publish what they are working on more. It would be good to know upcoming improvements.
I like how you can click and drag and move your option contracts without having to delete and reenter everything per strike.
I like it so far. Need some improvement but seems good.