BrokAIr Reviews

tastyworks Review

Tastyworks has revolutionized the online brokerage industry with its low fees and innovative trading platform. But is it too good to be true?

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Overview of tastyworks

tastyworks is an online brokerage founded in 2011 by Tom Sosnoff and Scott Sheridan. It is a subsidiary of the parent company tastytrade Inc. The aim of tastyworks is to make options and futures trading more accessible to the average investor. The main focus of the company is on options and futures trading, but they also offer stocks, bonds and mutual funds. Tastyworks has seen a steady growth since its launch and now has over 200,000 customers.

Pros and Cons

Public Opinion

Overall, public opinion of tastyworks is positive. The company has received high ratings from both customers and industry experts. Customers have praised the low commission fees and the easy-to-use platform. Industry experts have praised the company's commitment to providing educational resources for traders. Many customers have also noted that customer service is prompt and helpful.

Newsworthy Events

In 2017, tastyworks launched their mobile app which allowed customers to trade on the go. In 2018, they introduced a new commission structure which further lowered fees for traders. In 2019, they partnered with the Financial Industry Regulatory Authority (FINRA) to provide additional protection for traders. In 2020, they launched their own online learning platform which offers courses on topics such as options trading and financial planning.