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tastytrade vs Robinhood 2025

StockBrokers.com

Written by StockBrokers.com

July 03, 2025

In this head to head comparison of tastytrade vs Robinhood, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

tastytrade
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.50 info
Robinhood
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.00

Range of investments

When choosing an online brokerage, both tastytrade and Robinhood present compelling options for investors, with each offering its own strengths. Tastytrade generally edges out Robinhood in terms of investment variety, especially with its offerings in options and futures. Both platforms provide access to traditional and Roth IRA accounts, but tastytrade's slightly more comprehensive range of investments earns it a higher rating in that area, at 4 stars compared to Robinhood's 3.5 stars. According to StockBrokers.com, tastytrade ranks 10th out of 14 brokers for range of investments, surpassing Robinhood, which stands at 12th place.

Both tastytrade and Robinhood offer standard trading options like stocks and margin trading, making them appealing to traditional traders. For those interested in trading smaller shares for a more diversified portfolio, both platforms allow fractional shares trading. However, neither supports trading in over-the-counter (OTC) stocks or mutual funds, keeping their focus more on direct stock market investments.

Cryptocurrency enthusiasts will find opportunities at both brokers, though Robinhood slightly surpasses tastytrade by offering 22 coins compared to tastytrade’s 17. As for forex trading, neither platform provides this service, but tastytrade stands out by offering futures trading, a feature Robinhood lacks. Furthermore, neither broker offers advisor services, meaning they both cater to investors who prefer a more hands-on approach to managing their investments.

Feature tastytrade logotastytrade
Robinhood logoRobinhood
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes info Yes
OTC Stocks info No No
Mutual Funds info No No
Options Trading info Yes Yes
Futures Trading info Yes No
Crypto Trading info Yes Yes info
Crypto Trading - Total Coins info 17 22
Range of Investments 4/5 Stars 3.5/5 Stars

Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025: A Beginner-Friendly Guide to an Advanced Market

Trading platforms and tools

When comparing the online trading platforms of tastytrade and Robinhood, investors should consider their specific needs and preferences. Tastytrade and Robinhood are both popular choices, but they offer distinct features. Tastytrade shines with its comprehensive desktop platforms available for both Windows and Mac users, while Robinhood sticks to a streamlined browser-based platform. Tastytrade generally provides a more powerful set of tools, earning a 4-star rating compared to Robinhood's 3.5 stars. Despite this, Robinhood ranks closely behind in ninth place among trading platforms and tools, versus tastytrade's eighth place, based on StockBrokers.com.

Tastytrade provides traders and investors with a rich set of features, focusing on in-depth market analysis and a wide array of customization options. It boasts 308 technical indicators and 31 drawing tools for charting, alongside the ability to create custom studies. Users can adjust open orders directly on charts, add notes, and display historical trades, corporate events, and index overlays. The platform also allows users to save multiple chart profiles, supporting a more personalized trading experience. Watch lists are significantly enhanced with up to 33 columns of data, offering extensive market insights at a glance.

On the other hand, Robinhood caters to users seeking simplicity and ease of use, although at the cost of fewer advanced tools. The platform provides a browser-based experience with basic support for charting, limited to 16 technical indicators and 23 drawing tools. While it shares features like adjusting open orders and adding notes on charts, Robinhood lacks the ability to show historical trades and corporate events on its charts. Its watch lists are limited to just three data columns, and customization of chart studies is minimal. With ample room for chart profile saving, Robinhood remains user-friendly for those favoring straightforward trading over comprehensive analysis.

Feature tastytrade logotastytrade
Robinhood logoRobinhood
Web Trading Platform info Yes Yes
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Paper Trading info No No
Watch Lists - Total Fields info 33 3
Charting - Indicators / Studies info 308 16
Charting - Drawing Tools info 31 23
Platforms & Tools 4/5 Stars 3.5/5 Stars

Dive deeper: Best Online Brokers & Trading Platforms for 2025, Best Paper Trading Apps & Platforms for 2025

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Beginners and education

When diving into the world of investing, both tastytrade and Robinhood serve as great resources for beginners looking to educate themselves on stocks, ETFs, and options. Both platforms provide webinars to help users grasp financial concepts, although neither offers educational videos or quizzes to reinforce learning. While tastytrade allows users to track their learning progress, Robinhood does not offer this feature. Additionally, neither platform supports mutual fund or bond education, nor do they provide the option for paper trading, which might be a consideration for those looking to practice trading without financial risk.

Despite their differences, tastytrade and Robinhood both receive a solid 4-star rating for education capabilities, affirming their effectiveness in aiding beginner investors. However, according to StockBrokers.com, Robinhood slightly edges out tastytrade in rankings, coming in at number 8 out of 14 brokers, just ahead of tastytrade in the 9th spot. Both platforms hold their ground as reliable educational resources, each with its own strengths, allowing new investors to tailor their learning experience to suit their needs.

Feature tastytrade logotastytrade
Robinhood logoRobinhood
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info No No
Education (Bonds) info No No
Paper Trading info No No
Videos info No No
Webinars info Yes Yes
Education 4/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

When choosing an online broker for stock trading, both tastytrade and Robinhood come highly rated at 4.5 stars each, however, they cater to slightly different user preferences. Robinhood holds a higher rank according to StockBrokers.com, coming in at #7 compared to tastytrade’s #10 among 14 brokers. Despite their equal ratings, your choice between the two might boil down to their specific features and how they align with your trading needs.

Both tastytrade and Robinhood offer iPhone and Android apps, ensuring mobile access for a wide array of users. Tastytrade offers the ability to view charts in landscape mode and provides after-hours charting, while Robinhood shines with its unique Apple Watch app and robust stock alert system. For traders who enjoy monitoring market activity beyond regular hours, both platforms offer after-hours stock trading. Furthermore, custom watch lists can be smoothly managed with both apps, although tastytrade allows additional customization through column adjustments.

In terms of charting capabilities, tastytrade offers multiple time frames, but Robinhood surpasses it with six available technical studies. Neither platform offers streaming live TV or video on demand, suggesting a shared focus on keeping their platforms streamlined and user-friendly. Although Robinhood and tastytrade each have their strengths, it’s clear there are distinctive features in each platform that cater to different trader preferences, which is a crucial consideration when making a choice.

Feature tastytrade logotastytrade
Robinhood logoRobinhood
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info No Yes
Stock Alerts info No Yes
Charting - After-Hours info Yes Yes
Charting - Technical Studies info 0 6
Mobile Trading Apps 4.5/5 Stars 4.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

When deciding between tastytrade and Robinhood for online trading, it's essential to consider various fees and charges to identify which platform best suits your needs. Both platforms offer commission-free trading on regular stock trades and have no minimum deposit requirements, making them accessible to a broad range of investors. However, the difference in options trading fees, margin rates, and other charges might influence your decision based on your trading habits and investment strategies.

Tastytrade and Robinhood cater to options traders, but Robinhood takes the edge here by offering commission-free options trading, while tastytrade charges $0.50 per options contract. Margin rates at tastytrade start at 11% for balances below $25,000 and decrease slightly for higher balances, while Robinhood provides more competitive rates, beginning at 5.75% for balances up to $49,999 and decreasing to 5.55% as balances increase. Additionally, while both platforms waive IRA annual fees, tastytrade imposes a $60 charge for closing an IRA, whereas Robinhood keeps this service free of charge.

For account transfers, tastytrade charges $75 for both partial and full ACAT transfers, which is slightly more favorable compared to Robinhood's $100 fee. Moreover, tastytrade applies fees for options exercises and assignments at $5 each, while Robinhood side-steps these costs entirely. While both platforms have their strengths, your choice may ultimately depend on how you prioritize fees associated with options trading, margin rates, and account management services.

Feature tastytrade logotastytrade
Robinhood logoRobinhood
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.50 info $0.00
Options Exercise Fee info $5.00 $0.00
Options Assignment Fee info $5.00 $0.00
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $60.00 $0.00

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

When comparing day trading features between tastytrade and Robinhood, both platforms have some limitations but also offer certain advantages tailored to specific trading styles. Neither tastytrade nor Robinhood provide streaming time and sales data for stocks, which can be a drawback for traders relying heavily on real-time information. However, tastytrade sets itself apart by offering streaming live TV, a feature Robinhood lacks, providing users access to financial news and insights directly through the platform. Both platforms do not offer the option for direct market routing or level 2 quotes, which might be essential for traders needing deeper insights into the markets.

Regarding supported trading strategies, neither tastytrade nor Robinhood offers basic or advanced backtesting capabilities, which might deter users who prefer to test their strategies before entering the market. Both platforms include ladder trading, offering a step-by-step order placement process, but neither supports keyboard trade entry through trading hotkeys, potentially slowing down trade executions for active day traders. While Robinhood doesn't have a dedicated tool for short selling, tastytrade provides a short locator tool to help traders find real-time availability of shares to short. Sadly, neither platform provides order liquidity rebates, potentially increasing trading costs for high-volume traders.

Feature tastytrade logotastytrade
Robinhood logoRobinhood
Streaming Time & Sales info No No
Streaming TV info Yes No
Direct Market Routing - Stocks info No No
Level 2 Quotes - Stocks info No No info
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info Yes No

Dive deeper: Best Day Trading Platforms for 2025

Market Research

When it comes to market research capabilities, Robinhood slightly edges out tastytrade, but neither platform truly excels in this area. Robinhood earns a 2-star rating, while tastytrade follows closely with 1.5 stars. According to rankings by StockBrokers.com, Robinhood is positioned at #10 out of 14 brokers for market research, showing a slight advantage over tastytrade, which is ranked #13.

Both tastytrade and Robinhood provide stock and ETF research, but neither platform supports mutual fund research. Notably, Robinhood offers research on Pink Sheets and OTCBB, while tastytrade does not. For those interested in more detailed analyses, neither platform offers downloadable PDF research reports for stocks, ETFs, or mutual funds. The absence of downloadable content might impact users who prefer in-depth written analysis.

In terms of portfolio management, tastytrade offers a tool to view portfolio allocation by asset class, while Robinhood lacks this feature. Additionally, neither platform utilizes social media sentiment or ESG criteria in their research, which could be a downside for socially conscious investors. Although Robinhood provides a stock screener for trade ideas, both platforms lack ETF, mutual fund, and bond screeners, limiting comprehensive market strategy options. Overall, Robinhood and tastytrade provide basic market research offerings, but investors seeking more advanced tools might need to consider other options.

Feature tastytrade logotastytrade
Robinhood logoRobinhood
Research - Stocks info Yes Yes
Screener - Stocks info No Yes
Research - ETFs info Yes Yes
Screener - ETFs info No No
Research - Mutual Funds info No No
Screener - Mutual Funds info No No
Research - Bonds info No No
Screener - Bonds info No No
Research 1.5/5 Stars 2/5 Stars

Banking

When it comes to banking capabilities, neither tastytrade nor Robinhood provide traditional checking or savings accounts, which might be a drawback for those hoping to manage all their finances in one place. However, Robinhood offers a slight edge by providing debit cards and credit cards, adding some financial flexibility for its users. Tastytrade, in contrast, does not offer any debit or credit card options. Neither platform currently supports CDs or provides mortgage loans. For those seeking a more comprehensive digital banking experience, these offerings are important factors to consider when choosing between the two popular online brokers.

Feature tastytrade logotastytrade
Robinhood logoRobinhood
Checking Accounts info No No
Savings Accounts info No No
Debit Cards info No Yes
Credit Cards info No Yes
Mortgage Loans info No No
CDs info No No

Dive deeper: Best Brokerage Checking Accounts for 2025

Winner

After opening live accounts and testing 14 of the best online brokers, our research and live account testing finds that tastytrade is better than Robinhood. tastytrade finished with an overall score of 80.1%, while Robinhood finished with a score of 77.3%.

tastytrade isn’t for every investor, but its platform is ideal for frequent options and futures traders, offering efficient workflow, useful risk management tools, killer design, and online content that makes you feel like you’re on a trading desk.

FAQs

Can you trade cryptocurrency with tastytrade or Robinhood?

Both tastytrade and Robinhood offer crypto trading to their users; however, while tastytrade provides access to 17 different coins, Robinhood slightly outpaces with a selection of 22 coins, making it a more diversified option for cryptocurrency enthusiasts.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does tastytrade or Robinhood offer IRAs?

Both tastytrade and Robinhood offer traditional and Roth IRA accounts with no annual fees, but tastytrade charges a $60 closure fee while Robinhood does not.

Dive deeper: Best IRA Accounts for 2025

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Compare

0 of 5
Overall Rating tastytrade Robinhood
Overall 4/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading Apps 4.5/5 Stars 4.5/5 Stars
Research 1.5/5 Stars 2/5 Stars
Customer Service 4.0/5 Stars N/A
Education 4/5 Stars 4/5 Stars
Ease of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review tastytrade Review Robinhood Review
Broker Screenshots tastytrade Robinhood
Trading Platform & Tools Gallery (click to expand)
Research Gallery (click to expand)
Mobile Trading Apps Gallery (click to expand)
Education Gallery (click to expand)
Trading Fees tastytrade Robinhood
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Penny Stock Fees (OTC) info N/A N/A
Mutual Fund Trade Fee info N/A info N/A
Options (Per Contract) info $0.50 info $0.00
Futures (Per Contract) info $1.00 info (Not offered)
Broker Assisted Trade Fee info $0 N/A
Margin Rates tastytrade Robinhood
Margin Rate Under $25,000 info 11% 5.75%
Margin Rate $25,000 to $49,999.99 info 10.5% 5.75%
Margin Rate $50,000 to $99,999.99 info 10% 5.55%
Margin Rate $100,000 to $249,999.99 info 9.5% 5.25%
Margin Rate $250,000 to $499,999.99 info 9% 5.25%
Margin Rate $500,000 to $999,999.99 info 8.5% 5.25%
Margin Rate Above $1,000,000 info 8% 5% info
Account Fees tastytrade Robinhood
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $60.00 $0.00
Account Transfer Out (Partial) info $75.00 $100.00
Account Transfer Out (Full) info $75.00 $100.00
Options Exercise Fee info $5.00 $0.00
Options Assignment Fee info $5.00 $0.00
Investment Options tastytrade Robinhood
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes info Yes
OTC Stocks info No No
Options Trading info Yes Yes
Complex Options Max Legs info 4 4
Futures Trading info Yes No
Forex Trading info No No
Crypto Trading info Yes Yes info
Crypto Trading - Total Coins info 17 22
Mutual Funds (No Load) info 0 0
Mutual Funds (Total) info 0 0
Bonds (US Treasury) info No info No
Bonds (Corporate) info No No
Bonds (Municipal) info No No
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info No No
International Countries (Stocks) info 0 0
Order Types tastytrade Robinhood
Order Type - Market info Yes Yes
Order Type - Limit info Yes Yes
Order Type - After Hours info Yes Yes
Order Type - Stop info Yes Yes
Order Type - Trailing Stop info No Yes
Order Type - OCO info Yes No
Order Type - OTO info Yes No
Order Type - Broker Assisted info Yes No
Beginners tastytrade Robinhood
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info No No
Education (Bonds) info No No
Education (Retirement) info No No
Retirement Calculator info No No
Investor Dictionary info Yes Yes
Paper Trading info No No
Videos info No No
Webinars info Yes Yes
Webinars (Archived) info Yes No
Progress Tracking info Yes No
Interactive Learning - Quizzes info No No
Stock Trading Apps tastytrade Robinhood
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info No Yes
Trading - Stocks info Yes Yes
Trading - After-Hours info Yes Yes
Trading - Simple Options info Yes Yes
Trading - Complex Options info Yes Yes
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info Yes Yes
Stock App Features tastytrade Robinhood
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info No No
Videos on Demand info No No
Stock Alerts info No Yes
Option Chains Viewable info Yes Yes
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info Yes Yes
Watch Lists - Create & Manage info Yes Yes
Watch Lists - Column Customization info Yes Yes
Stock App Charting tastytrade Robinhood
Charting - After-Hours info Yes Yes
Charting - Can Turn Horizontally info Yes No
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 0 6
Charting - Study Customizations info No Yes
Charting - Stock Comparisons info No No
Trading Platforms tastytrade Robinhood
Active Trading Platform info tastytrade Robinhood Legend
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Web Trading Platform info Yes Yes
Paper Trading info No No
Trade Journal info No No
Watch Lists - Total Fields info 33 3
Stock Chart Features tastytrade Robinhood
Charting - Adjust Trades on Chart info Yes Yes
Charting - Indicators / Studies info 308 16
Charting - Drawing Tools info 31 23
Charting - Notes info Yes Yes
Charting - Index Overlays info Yes Yes
Charting - Historical Trades info Yes No
Charting - Corporate Events info Yes No
Charting - Custom Date Range info No Yes
Charting - Custom Time Bars info No Yes
Charting - Automated Analysis info No No
Charting - Save Profiles info Yes Yes
Trade Ideas - Technical Analysis info No No
Charting - Study Customizations info 7 1
Charting - Custom Studies info Yes No
Day Trading tastytrade Robinhood
Streaming Time & Sales info No No
Streaming TV info Yes No
Direct Market Routing - Stocks info No No
Ladder Trading info Yes Yes
Trade Hotkeys info No No
Level 2 Quotes - Stocks info No No info
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info Yes No
Order Liquidity Rebates info No No
Research Overview tastytrade Robinhood
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info No No
Research - Pink Sheets / OTCBB info No Yes
Research - Bonds info No No
Screener - Stocks info No Yes
Screener - ETFs info No No
Screener - Mutual Funds info No No
Screener - Bonds info No No
Misc - Portfolio Allocation info Yes No
Stock Research tastytrade Robinhood
Stock Research - PDF Reports info 0 0 info
Stock Research - Earnings info No Yes
Stock Research - Insiders info No No
Stock Research - Social info No No
Stock Research - News info Yes Yes
Stock Research - ESG info No No
Stock Research - SEC Filings info No No
ETF Research tastytrade Robinhood
ETFs - Strategy Overview info No Yes
ETF Fund Facts - Inception Date info No Yes
ETF Fund Facts - Expense Ratio info No Yes
ETF Fund Facts - Net Assets info No Yes
ETF Fund Facts - Total Holdings info No Yes
ETFs - Top 10 Holdings info No Yes
ETFs - Sector Exposure info No Yes
ETFs - Risk Analysis info Yes No
ETFs - Ratings info No No
ETFs - Morningstar StyleMap info No No
ETFs - PDF Reports info No No info
Mutual Fund Research tastytrade Robinhood
Mutual Funds - Strategy Overview info No No
Mutual Funds - Performance Chart info No No
Mutual Funds - Performance Analysis info No No
Mutual Funds - Prospectus info No No
Mutual Funds - 3rd Party Ratings info No No
Mutual Funds - Fees Breakdown info No No
Mutual Funds - Top 10 Holdings info No No
Mutual Funds - Asset Allocation info No No
Mutual Funds - Sector Allocation info No No
Mutual Funds - Country Allocation info No No
Mutual Funds - StyleMap info No No
Options Trading tastytrade Robinhood
Option Chains - Basic View info Yes Yes
Option Chains - Strategy View info Yes Yes
Option Chains - Streaming info Yes Yes
Option Chains - Total Columns info 20 17
Option Chains - Greeks info 5 5
Option Chains - Quick Analysis info Yes Yes
Option Analysis - P&L Charts info Yes Yes
Option Probability Analysis info Yes No
Option Probability Analysis Adv info Yes No
Option Positions - Greeks info Yes Yes
Option Positions - Greeks Streaming info Yes Yes
Option Positions - Adv Analysis info Yes No
Option Positions - Rolling info Yes Yes
Option Positions - Grouping info Yes Yes
Banking tastytrade Robinhood
Bank (Member FDIC) info No No
Checking Accounts info No No
Savings Accounts info No No
Credit Cards info No Yes
Debit Cards info No Yes
Mortgage Loans info No No
Customer Service tastytrade Robinhood
Phone Support (Prospect Customers) info Yes No
Phone Support (Current Customers) info Yes Yes
Email Support info Yes Yes
Live Chat (Prospect Customers) info Yes No
Live Chat (Current Customers) info Yes Yes
24/7 Support info No Yes
Overall tastytrade Robinhood
Overall 4/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading Apps 4.5/5 Stars 4.5/5 Stars
Research 1.5/5 Stars 2/5 Stars
Education 4/5 Stars 4/5 Stars
Ease of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review tastytrade Review Robinhood Review
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