Webull vs tastytrade 2025
In this head to head comparison of Webull vs tastytrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of Webull vs tastytrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
When comparing Webull and tastytrade for potential investment options, both platforms have their own strengths and are similarly rated with 4 stars each for the range of investments. Importantly, both brokers offer stock, options, margin, fractional shares, and futures trading. While tastytrade provides access to cryptocurrency trading with 17 available coins, Webull does not offer any crypto trading options. However, Webull supports trading in OTC stocks, a feature missing from tastytrade. Neither platform offers mutual funds or forex trading, and they both lack advisor services. For those seeking Individual Retirement Accounts (IRAs), both Webull and tastytrade provide options for traditional and Roth IRAs.
Webull and tastytrade both enable users to engage in stock and options trading, offering flexibility for various investment strategies. Investors interested in margin and fractional shares can find these features available on both platforms, allowing for more diversified investment approaches. For futures trading, both brokers are on equal footing, catering to those wanting to delve into more sophisticated market segments. However, Webull has the added advantage of offering OTC stocks, potentially appealing to those interested in trading smaller or niche company stocks.
Crypto enthusiasts might lean toward tastytrade since it offers a range of 17 cryptocurrencies, whereas Webull doesn't provide any crypto trading opportunities. This distinctive feature can significantly impact investors focusing on digital currencies. Despite these differences, neither broker offers mutual fund or forex trading, and both lack traditional advisor services that some investors might seek for personalized guidance. Impressively, both Webull and tastytrade maintain an identical star ranking for their range of investments, although tastytrade is ranked slightly higher at #10 compared to Webull at #11, according to StockBrokers.com.
Feature |
|
|
---|---|---|
Stock Trading | Yes | Yes |
Margin Trading | Yes | Yes |
Fractional Shares | Yes | Yes |
OTC Stocks | Yes | No |
Mutual Funds | No | No |
Options Trading | Yes | Yes |
Futures Trading | Yes | Yes |
Crypto Trading | No | Yes |
Crypto Trading - Total Coins | 0 | 17 |
Range of Investments |
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Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025: A Beginner-Friendly Guide to an Advanced Market
When comparing Webull and tastytrade, both platforms stand out in their unique ways, each earning a respectable 4-star rating for their trading platforms and tools. Webull slightly edges out tastingtrade in rankings, being placed at seventh compared to tastytrade's eighth position among 14 brokers as per StockBrokers.com. While both platforms offer Windows and Mac desktop applications, as well as browser-based trading, they appeal to different user needs with their distinct features and functionalities.
Webull provides a comprehensive package with features such as paper trading, 52 technical chart indicators, and innovative capabilities like automated technical analysis. Additionally, Webull includes support for 35 fields in watch lists, surpassing 33 in tastytrade. This platform empowers traders with enhanced visualization options, including the ability to display corporate events and historical trades, making it a solid choice for detail-oriented traders.
On the flip side, tastytrade impresses with a more extensive array of 308 technical indicators and 31 drawing tools available for charting. While it lacks paper trading, tastytrade offers flexibility with advanced customization in studies with seven fields for simple moving averages. Both platforms allow users to save multiple chart profiles and adjust open orders directly on stock charts, ensuring that traders have the functionality they need, whether they prefer Webull's automated insights or tastytrade's rich indicator selection.
Feature |
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Web Trading Platform | Yes | Yes |
Desktop Trading Platform | Yes | Yes |
Desktop Platform (Mac) | Yes | Yes |
Paper Trading | Yes | No |
Watch Lists - Total Fields | 35 | 33 |
Charting - Indicators / Studies | 52 | 308 |
Charting - Drawing Tools | 19 | 31 |
Platforms & Tools |
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Dive deeper: Best Online Brokers & Trading Platforms for 2025, Best Paper Trading Apps & Platforms for 2025
When it comes to beginner and investor education, both Webull and tastytrade demonstrate solid capabilities. Webull excels with a comprehensive range of educational resources, including lessons on stocks, ETFs, and options. They also offer practical tools like paper trading, allowing new investors to practice without financial risk. Additionally, Webull provides educational videos, webinars, quizzes, and features to track learning progress. These tools collectively support a rich learning experience for beginners looking to deepen their understanding of the market.
Tastytrade, while similar in its educational offerings for stocks, ETFs, and options, does not include paper trading, educational videos, or quizzes. However, it compensates with webinars and a feature to track learning progress, ensuring learners can follow their educational journey. Both platforms receive a 4-star rating for education, with StockBrokers.com ranking Webull 10th and tastytrade 9th out of 14 brokers. This comparison highlights each platform's unique features, helping beginners choose the right fit for their investment education needs.
Feature |
|
|
---|---|---|
Education (Stocks) | Yes | Yes |
Education (ETFs) | Yes | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | No | No |
Education (Bonds) | No | No |
Paper Trading | Yes | No |
Videos | Yes | No |
Webinars | Yes | Yes |
Education |
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Dive deeper: Best Stock Trading Platforms for Beginners of 2025
When comparing the stock trading app capabilities of Webull and tastytrade, Webull emerges as the more versatile choice for mobile users. It supports a wider range of apps, including an Apple Watch app, which tastytrade lacks. Both platforms offer essential functionalities, such as iPhone and Android apps, mobile options trading, streaming quotes, after-hours trading, and capability for after-hours charting. Webull excels in offering features like stock alerts and multiple technical studies—56 in total—compared to none for tastytrade, which could enhance the experience for users who rely heavily on technical analysis.
One differentiator in user customization is that tastytrade allows users to customize watch list columns, a feature not available with Webull. On the other hand, Webull allows the display of stock comparisons on charts, providing a richer data analysis experience. While neither platform provides streaming live TV or videos on demand, they both allow charts to be viewed in landscape mode and provide the ability to view multiple time frames, ensuring detailed analysis on the go. Despite offering slightly different feature sets, both platforms maintain a 4.5-star rating for stock trading apps, indicating high user satisfaction.
In terms of recognition by StockBrokers.com, Webull ranks higher, securing the #5 spot out of 14 brokers for its stock trading apps, while tastytrade is positioned at #10. This difference in ranking may suggest a stronger app performance and overall user experience provided by Webull. For users seeking a well-rounded stock trading app with diverse capabilities, Webull seems to offer a more comprehensive approach, especially for those interested in app accessibility across multiple devices and enriched charting features.
Feature |
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iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | Yes | No |
Stock Alerts | Yes | No |
Charting - After-Hours | Yes | Yes |
Charting - Technical Studies | 56 | 0 |
Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
For those looking to choose between Webull and tastytrade, Webull presents itself as the more cost-effective choice across several fee categories, especially when it comes to options trading and margin rates. Both platforms offer the attractive feature of no minimum deposit requirements and $0 fees for regular stock trades. Where Webull shines is in its $0 fees for options contracts, compared to the $0.50 per contract charge at tastytrade. Webull also generally boasts lower rates for margin balances across various tiers and zero fees for IRA accounts and closures, while tastytrade charges a $60 fee for IRA closures.
When considering margin rates, Webull offers more competitive rates across all balance categories. For balances below $25,000, Webull charges 9.24% compared to tastytrade's 11%. As the balances increase, Webull maintains its edge by offering better rates, reducing to 8.24% for balances between $50,000 and $99,999, whereas tastytrade charges 10%. This could significantly influence the decision for margin traders aiming to minimize additional costs on their investments.
Both Webull and tastytrade charge an identical $75 for both partial and full account transfers (ACATS), creating parity in this regard. However, differences arise again with options-related fees; Webull charges nothing for options exercises and assignments, compared to a $5 fee on each at tastytrade. The absence of these fees at Webull contributes to its appeal as a broker that minimizes trading expenses for budget-conscious investors. This comparative analysis highlights Webull's advantage for those prioritizing low costs in their trading activities.
Feature |
|
|
---|---|---|
Minimum Deposit | $0.00 | $0.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.00 | $0.50 |
Options Exercise Fee | $0.00 | $5.00 |
Options Assignment Fee | $0.00 | $5.00 |
IRA Annual Fee | $0.00 | $0.00 |
IRA Closure Fee | $0.00 | $60.00 |
Dive deeper: Best Free Trading Platforms for 2025
When comparing Webull and tastytrade for day trading, several key features set them apart. Webull offers streaming time and sales for stocks, providing traders with detailed information to make informed decisions, while tastytrade does not offer this feature. Webull also supports ladder trading and trading hotkeys, allowing for quick trade entries and better control during fast-paced trading sessions. Moreover, Webull provides level 2 quotes, presenting more depth in market data. Meanwhile, tastytrade offers streaming live TV, catering to traders who prefer real-time financial news and analysis as part of their trading routine. Both platforms lack direct market routing and backtesting capabilities, which might be a consideration for some traders.
On the other hand, tastytrade stands out with its short locator tool, allowing users to access real-time availability of shares to short, an edge for those interested in short selling. Webull, however, does not offer this tool. Neither Webull nor tastytrade provides order liquidity rebates or advanced strategy backtesting, which might limit certain trading strategies. Ultimately, if real-time market data, quick trade execution, and detailed quotes are priorities, Webull could be the better choice. For traders who want comprehensive live market commentary and a useful short locator tool, tastytrade might be more appealing.
Feature |
|
|
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Streaming Time & Sales | Yes | No |
Streaming TV | No | Yes |
Direct Market Routing - Stocks | No | No |
Level 2 Quotes - Stocks | Yes | No |
Trade Ideas - Backtesting | No | No |
Trade Ideas - Backtesting Adv | No | No |
Short Locator | No | Yes |
Dive deeper: Best Day Trading Platforms for 2025
When comparing Webull and tastytrade in terms of market research capabilities, Webull comes out ahead due to its broader range of research options and higher user ratings. With features like social media sentiment analysis for stocks and a stock screener for trade ideas, Webull earns a market research rating of 2.5 stars, placing it at #9 among 14 online brokers evaluated by StockBrokers.com. In contrast, tastytrade, rated 1.5 stars and ranked #13, does not leverage social media sentiment data or provide a stock screener, which limits its appeal to investors seeking diverse research tools.
Both Webull and tastytrade offer similar research options for stocks and ETFs, but neither provides research data for mutual funds or bonds. One standout feature of Webull is its inclusion of Pink Sheets/OTCBB research, which tastytrade lacks. This can be crucial for investors interested in exploring opportunities in less conventional markets. However, neither platform offers downloadable PDF research reports for stocks, ETFs, or mutual funds, somewhat leveling the playing field for traditional research access.
Where tastytrade gains a slight edge is in its ability to display portfolio allocation by asset class, a feature missing from Webull's offerings. However, the absence of screens for trade ideas across ETFs, mutual funds, and bonds limits both platforms, suggesting that each could expand features to enhance user experience. Overall, Webull's slightly better market research tools make it a more attractive option for investors focused on a wide array of market data.
Feature |
|
|
---|---|---|
Research - Stocks | Yes | Yes |
Screener - Stocks | Yes | No |
Research - ETFs | Yes | Yes |
Screener - ETFs | No | No |
Research - Mutual Funds | No | No |
Screener - Mutual Funds | No | No |
Research - Bonds | No | No |
Screener - Bonds | No | No |
Research |
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When considering both Webull and tastytrade for your banking needs, it's important to understand their limitations. Neither Webull nor tastytrade currently provides traditional banking products such as checking or savings accounts, debit or credit cards, or mortgage loans. Additionally, neither platform offers certificates of deposit (CDs), which are often sought after for secure, short-term savings growth. While both Webull and tastytrade are popular choices for trading and investment, those in need of comprehensive banking services might need to look elsewhere. This comparison helps spotlight their focus on investment offerings, lacking the banking features some users might seek alongside their trading activities.
Feature |
|
|
---|---|---|
Checking Accounts | No | No |
Savings Accounts | No | No |
Debit Cards | No | No |
Credit Cards | No | No |
Mortgage Loans | No | No |
CDs | No | No |
Dive deeper: Best Brokerage Checking Accounts for 2025
After opening live accounts and testing 14 of the best online brokers, our research and live account testing finds that Webull is better than tastytrade. Webull finished with an overall score of 81.0%, while tastytrade finished with a score of 80.1%.
Webull is an excellent choice for beginning and intermediate traders. The user experience is outstanding, and Webull has better charts than its natural competitor, Robinhood. Options contracts are commission-free, but crypto markups and markdowns are on the high side. Experienced investors may eventually miss the features, research, and investment choices available at leading brokers.
When comparing Webull to tastytrade for crypto trading, Webull does not offer crypto trading and provides access to zero coins, whereas tastytrade supports crypto trading with the option to trade 17 different coins.
Dive deeper: Best Online Brokers for Crypto Trading in 2025
Both Webull and tastytrade offer traditional and Roth IRA accounts with no annual fees. While Webull does not charge a closure fee for IRA accounts, tastytrade imposes a $60 closure fee.
Dive deeper: Best IRA Accounts for 2025
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0 of 5Overall Rating | Webull | tastytrade | |
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Research |
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Customer Service |
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Education |
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Ease of Use |
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Winner | check_circle | ||
Review | Webull Review | tastytrade Review |
Broker Screenshots | Webull | tastytrade | |
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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 | Webull | tastytrade | |
---|---|---|---|
Minimum Deposit | $0.00 | $0.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | N/A | N/A | |
Mutual Fund Trade Fee | N/A | N/A | |
Options (Per Contract) | $0.00 | $0.50 | |
Futures (Per Contract) | $1.25 | $1.00 | |
Broker Assisted Trade Fee | N/A | $0 |
Margin Rates | Webull | tastytrade | |
---|---|---|---|
Margin Rate Under $25,000 | 9.24% | 11% | |
Margin Rate $25,000 to $49,999.99 | 8.74% | 10.5% | |
Margin Rate $50,000 to $99,999.99 | 8.24% | 10% | |
Margin Rate $100,000 to $249,999.99 | 7.74% | 9.5% | |
Margin Rate $250,000 to $499,999.99 | 7.74% | 9% | |
Margin Rate $500,000 to $999,999.99 | 6.74% | 8.5% | |
Margin Rate Above $1,000,000 | 6.24% | 8% |
Account Fees | Webull | tastytrade | |
---|---|---|---|
IRA Annual Fee | $0.00 | $0.00 | |
IRA Closure Fee | $0.00 | $60.00 | |
Account Transfer Out (Partial) | $75.00 | $75.00 | |
Account Transfer Out (Full) | $75.00 | $75.00 | |
Options Exercise Fee | $0.00 | $5.00 | |
Options Assignment Fee | $0.00 | $5.00 |
Investment Options | Webull | tastytrade | |
---|---|---|---|
Stock Trading | Yes | Yes | |
Margin Trading | Yes | Yes | |
Fractional Shares | Yes | Yes | |
OTC Stocks | Yes | No | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 4 | 4 | |
Futures Trading | Yes | Yes | |
Forex Trading | No | No | |
Crypto Trading | No | Yes | |
Crypto Trading - Total Coins | 0 | 17 | |
Mutual Funds (No Load) | 0 | 0 | |
Mutual Funds (Total) | 0 | 0 | |
Bonds (US Treasury) | No | No | |
Bonds (Corporate) | No | No | |
Bonds (Municipal) | No | No | |
Traditional IRAs | Yes | Yes | |
Roth IRAs | Yes | Yes | |
Advisor Services | No | No | |
International Countries (Stocks) | 0 | 0 |
Order Types | Webull | tastytrade | |
---|---|---|---|
Order Type - Market | Yes | Yes | |
Order Type - Limit | Yes | Yes | |
Order Type - After Hours | Yes | Yes | |
Order Type - Stop | Yes | Yes | |
Order Type - Trailing Stop | Yes | No | |
Order Type - OCO | Yes | Yes | |
Order Type - OTO | Yes | Yes | |
Order Type - Broker Assisted | No | Yes |
Beginners | Webull | tastytrade | |
---|---|---|---|
Education (Stocks) | Yes | Yes | |
Education (ETFs) | Yes | Yes | |
Education (Options) | Yes | Yes | |
Education (Mutual Funds) | No | No | |
Education (Bonds) | No | No | |
Education (Retirement) | No | No | |
Retirement Calculator | No | No | |
Investor Dictionary | Yes | Yes | |
Paper Trading | Yes | No | |
Videos | Yes | No | |
Webinars | Yes | Yes | |
Webinars (Archived) | Yes | Yes | |
Progress Tracking | Yes | Yes | |
Interactive Learning - Quizzes | Yes | No |
Stock Trading Apps | Webull | tastytrade | |
---|---|---|---|
iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | Yes | No | |
Trading - Stocks | Yes | Yes | |
Trading - After-Hours | Yes | Yes | |
Trading - Simple Options | Yes | Yes | |
Trading - Complex Options | Yes | Yes | |
Order Ticket RT Quotes | Yes | Yes | |
Order Ticket SRT Quotes | Yes | Yes |
Stock App Features | Webull | tastytrade | |
---|---|---|---|
Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | No | No | |
Videos on Demand | No | No | |
Stock Alerts | Yes | No | |
Option Chains Viewable | Yes | Yes | |
Watch List (Real-time) | Yes | Yes | |
Watch List (Streaming) | Yes | Yes | |
Watch Lists - Create & Manage | Yes | Yes | |
Watch Lists - Column Customization | No | Yes |
Stock App Charting | Webull | tastytrade | |
---|---|---|---|
Charting - After-Hours | Yes | Yes | |
Charting - Can Turn Horizontally | Yes | Yes | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 56 | 0 | |
Charting - Study Customizations | Yes | No | |
Charting - Stock Comparisons | Yes | No |
Trading Platforms | Webull | tastytrade | |
---|---|---|---|
Active Trading Platform | N/A | tastytrade | |
Desktop Trading Platform | Yes | Yes | |
Desktop Platform (Mac) | Yes | Yes | |
Web Trading Platform | Yes | Yes | |
Paper Trading | Yes | No | |
Trade Journal | No | No | |
Watch Lists - Total Fields | 35 | 33 |
Stock Chart Features | Webull | tastytrade | |
---|---|---|---|
Charting - Adjust Trades on Chart | Yes | Yes | |
Charting - Indicators / Studies | 52 | 308 | |
Charting - Drawing Tools | 19 | 31 | |
Charting - Notes | Yes | Yes | |
Charting - Index Overlays | Yes | Yes | |
Charting - Historical Trades | Yes | Yes | |
Charting - Corporate Events | Yes | Yes | |
Charting - Custom Date Range | No | No | |
Charting - Custom Time Bars | No | No | |
Charting - Automated Analysis | Yes | No | |
Charting - Save Profiles | Yes | Yes | |
Trade Ideas - Technical Analysis | No | No | |
Charting - Study Customizations | 2 | 7 | |
Charting - Custom Studies | Yes | Yes |
Day Trading | Webull | tastytrade | |
---|---|---|---|
Streaming Time & Sales | Yes | No | |
Streaming TV | No | Yes | |
Direct Market Routing - Stocks | No | No | |
Ladder Trading | Yes | Yes | |
Trade Hotkeys | Yes | No | |
Level 2 Quotes - Stocks | Yes | No | |
Trade Ideas - Backtesting | No | No | |
Trade Ideas - Backtesting Adv | No | No | |
Short Locator | No | Yes | |
Order Liquidity Rebates | No | No |
Research Overview | Webull | tastytrade | |
---|---|---|---|
Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | No | No | |
Research - Pink Sheets / OTCBB | Yes | No | |
Research - Bonds | No | No | |
Screener - Stocks | Yes | No | |
Screener - ETFs | No | No | |
Screener - Mutual Funds | No | No | |
Screener - Bonds | No | No | |
Misc - Portfolio Allocation | No | Yes |
Stock Research | Webull | tastytrade | |
---|---|---|---|
Stock Research - PDF Reports | 0 | 0 | |
Stock Research - Earnings | Yes | No | |
Stock Research - Insiders | Yes | No | |
Stock Research - Social | Yes | No | |
Stock Research - News | Yes | Yes | |
Stock Research - ESG | No | No | |
Stock Research - SEC Filings | Yes | No |
ETF Research | Webull | tastytrade | |
---|---|---|---|
ETFs - Strategy Overview | Yes | No | |
ETF Fund Facts - Inception Date | Yes | No | |
ETF Fund Facts - Expense Ratio | Yes | No | |
ETF Fund Facts - Net Assets | Yes | No | |
ETF Fund Facts - Total Holdings | Yes | No | |
ETFs - Top 10 Holdings | Yes | No | |
ETFs - Sector Exposure | Yes | No | |
ETFs - Risk Analysis | No | Yes | |
ETFs - Ratings | Yes | No | |
ETFs - Morningstar StyleMap | No | No | |
ETFs - PDF Reports | No | No |
Mutual Fund Research | Webull | tastytrade | |
---|---|---|---|
Mutual Funds - Strategy Overview | No | No | |
Mutual Funds - Performance Chart | No | No | |
Mutual Funds - Performance Analysis | No | No | |
Mutual Funds - Prospectus | No | No | |
Mutual Funds - 3rd Party Ratings | No | No | |
Mutual Funds - Fees Breakdown | No | No | |
Mutual Funds - Top 10 Holdings | Yes | No | |
Mutual Funds - Asset Allocation | No | No | |
Mutual Funds - Sector Allocation | No | No | |
Mutual Funds - Country Allocation | No | No | |
Mutual Funds - StyleMap | No | No |
Options Trading | Webull | tastytrade | |
---|---|---|---|
Option Chains - Basic View | Yes | Yes | |
Option Chains - Strategy View | Yes | Yes | |
Option Chains - Streaming | No | Yes | |
Option Chains - Total Columns | 23 | 20 | |
Option Chains - Greeks | 5 | 5 | |
Option Chains - Quick Analysis | Yes | Yes | |
Option Analysis - P&L Charts | Yes | Yes | |
Option Probability Analysis | Yes | Yes | |
Option Probability Analysis Adv | Yes | Yes | |
Option Positions - Greeks | Yes | Yes | |
Option Positions - Greeks Streaming | No | Yes | |
Option Positions - Adv Analysis | No | Yes | |
Option Positions - Rolling | Yes | Yes | |
Option Positions - Grouping | No | Yes |
Banking | Webull | tastytrade | |
---|---|---|---|
Bank (Member FDIC) | No | No | |
Checking Accounts | No | No | |
Savings Accounts | No | No | |
Credit Cards | No | No | |
Debit Cards | No | No | |
Mortgage Loans | No | No |
Customer Service | Webull | tastytrade | |
---|---|---|---|
Phone Support (Prospect Customers) | Yes | Yes | |
Phone Support (Current Customers) | Yes | Yes | |
Email Support | Yes | Yes | |
Live Chat (Prospect Customers) | No | Yes | |
Live Chat (Current Customers) | No | Yes | |
24/7 Support | No | No |
Overall | Webull | tastytrade | |
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Overall |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Education |
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Ease of Use |
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Winner | check_circle | ||
Review | Webull Review | tastytrade Review |