Investopedia Once Again Names tastytrade the Best Brokerage for Options
By:James Melton
Once again, tastytrade won the Best Options Brokerage award in the Investopedia Best Online Brokers and Trading Platforms awards.
The 2024 awardees represent platforms that provide "strong customer support, robust research and analytical tools, a wide range of investable assets, an abundance of investment account types, and more, all with a transparent fee structure and limited gamification tactics," Investopedia says.
"For the third year in a row, we chose tastytrade as the best options trading platform because of its options pricing structure, which includes options pricing caps that make it the lowest-cost brokerage for high-volume, high-frequency option traders," Investopedia says.
The financial media website also praised the way tastytrade optimizes tools and content to suit the needs of its client base.
"We're proud of our options trading tools," says JJ Kinahan, CEO of IG North America, which includes tastylive, tastytrade and IG's FX Business. “It's gratifying to once again be recognized by Investopedia and we know that staying at the top of this category requires us to continually improve our platform."
Find out more about the award here.
The Investopedia award follows accolades in January from StockBrokers.com. That web publication awarded tastytrade as the #1 Desktop Options Trading Platform and the #1 Desktop Futures Trading Platform.
Stockbrokers.com chooses winners based on testing and year-round data collection. It searches for brokerages, trading features and trading service providers who "push forward while delivering excellent value to U.S. investors."
Read more about how StockBrokers.com conducts its tests here.
James Melton is managing editor of Luckbox magazine. @JDMeltonWriter
For live daily programming, market news and commentary, visit tastylive or the YouTube channels tastylive (for options traders), and tastyliveTrending for stocks, futures, forex & macro.
Trade with a better broker, open a tastytrade account today. tastylive, Inc. and tastytrade, Inc. are separate but affiliated companies.
Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.