NEW CARDMEMBER OFFER
Tastytrade (formerly Tastyworks) is offering an exciting opportunity to earn up to $5,000 when you open a new non-IRA Tastytrade account.
Simply use the promo code MYNEWBONUS during registration.
MYNEWBONUSTastytrade Brokerage Account
Tasty Trade
Brokerage Account
AT A GLANCE
Open and fund a Tastytrade account to earn a cash bonus based on your deposited funds:
| Bonus Amount | Deposited Funds | Return Rate |
|---|---|---|
| $50 | $2,000 - $4,999¹ | 2.5% |
| $100 | $5,000 - $24,999 | 2% |
| $500 | $25,000 - $99,999 | 2% |
| $2,000 | $100,000 - $249,999 | 2% |
| $3,000 | $250,000 - $499,999 | 1.2% |
| $4,000 | $500,000 - $999,999 | 0.8% |
| $5,000 | $1,000,000+ | 0.5% |
Fees
| Asset Type | Opening Commission | Closing Commission |
|---|---|---|
| Options on Stock & ETFs | $1.00 per contract ($10 max per leg) | $0 |
| Options on Futures | $2.50 per contract | $0 |
| Options on Micro Futures | $1.50 per contract | $0 |
| Stock & ETFs | $0 (unlimited shares) | $0 |
| Futures | $1.25 per contract | $1.25 per contract |
| Micro Futures | $0.85 per contract | $0.85 per contract |
| Cryptocurrency | $0 per crypto purchase | $0 |
More details can be found in https://tastytrade.com/commissions-and-fees/
Apply Link
ApplyTerms and Conditions
Participation
By participating in the Tiered New Account Bonus Offer (“Promotion”), you agree to comply with these Terms. Do not participate if you do not agree.
Promotion Period
Start: 12:00 AM CT, 05/01/2023
End: 11:59 PM CT, 03/31/2025
Eligibility
The Promotion is available to:
- New Customers: Approved accounts funded with $2,000+ USD.
- Existing Customers: Accounts never funded before the Promotion and now funded with $2,000+ USD.
Requirements:
- Must be a legal U.S. resident aged 18+.
- Use referral code
MYNEWBONUSwhen applying (new customers). - Existing customers must receive an email confirming eligibility.
Exclusions:
- Accounts funded before the Promotion.
- IRAs, Trust accounts, and internal transfers.
- Residents of jurisdictions where Tastytrade cannot operate.
- Employees of Tastytrade and immediate family members.
Cash Bonus
- Credited within 2 weeks of deposit ($2,000+ as a single transaction).
- Deposited funds must remain in the account for 12 months, or the bonus will be revoked.
- Bonus does not count as buying power until the 12-month period ends.
Bonus Tiers:
| Bonus Amount | Deposited Funds | Return Rate |
|---|---|---|
| $50 | $2,000 - $4,999¹ | 2.5% |
| $100 | $5,000 - $24,999 | 2% |
| $500 | $25,000 - $99,999 | 2% |
| $2,000 | $100,000 - $249,999 | 2% |
| $3,000 | $250,000 - $499,999 | 1.2% |
| $4,000 | $500,000 - $999,999 | 0.8% |
| $5,000 | $1,000,000+ | 0.5% |
Other Terms
- Tastytrade can modify or terminate the Promotion at any time.
- Participants are responsible for taxes and should consult a tax advisor.
- The Promotion is non-transferable and cannot be combined with other offers.
Data and Privacy
Personal data will be handled per Tastytrade’s Privacy Policy.
Disputes and Governing Law
- Disputes follow arbitration procedures outlined in the Tastytrade Customer Agreement.
- Governed by the laws of Illinois, without regard to conflict of law principles.
Tastytrade, Inc. is a registered broker-dealer and member of FINRA, NFA, and SIPC.
Ratings and Reviews
- Named Best Broker for Options Trading by Investopedia with an overall rating of 4.5/5
- Rated 4.3/5 in Broker Review by Trustpilot
- Named Best Online Broker for Options Trading by Forbes
Verdict
The top bonus is higher, but it requires significantly more funding, and the return rate is relatively low. We recommend depositing $100,000 to earn the $2,000 bonus, which offers a 2% return rate. The 12-month holding period is fair compared to other brokerage bonuses.
This account is rated as one of the best for active traders due to its capped options cost per leg. If you’re only trading stocks, however, there isn’t much difference compared to other brokerage platforms. Overall, we recommend this as a top offer.