Real complex options trading happens here.

Disruptive fees. Precision execution. No-brainer.

Options trading is not suitable for all investors. Fees and charges may apply.

Cut the high fees, not your Sharpe ratio.

See what 100 equity options contracts spread across 4 legs costs across major brokers.

Broker

Contract fees (per contract, per side)

Cost per contract (round trip)*

Total cost

TradeStation (Tier 4)

$0.00

$0.16

$16.00

Interactive Brokers (Top Tier)

$0.15

$0.46

$46.00

TastyTrade (Fixed)

$1.00**

$0.56

$56.00

Charles Schwab (Fixed)

$0.65

$1.46

$146.00

Fidelity (Fixed)

$0.65

$1.46

$146.00

Competitor data sourced from their publicly available websites as of 01/28/2026 and is subject to change at any time without notice.

*Includes regulatory & exchange fees. Actual amounts for regulatory & exchange fees vary by product and exchange.

**TastyTrade charges a flat fee on open with no closing fee and caps fees at $10 per leg.

Advanced options trading tools with reliable execution

$16,925,253.31

Total price improvements to our customers for equities and options orders in Q4 of 2025¹.

$17.22

Average price improvement per order in Q4 of 2025. Option market orders, all sizes¹.

0.121 seconds

Speed on market orders in Q4 of 2025. Option market orders, 1-50 contracts¹.

97.32%

At or better % in Q4 of 2025. Option market orders, 1-50 contracts¹.

Scalable pricing designed for active options traders

Find great value beyond our advanced trading platform

U.S. customers can trade options with scalable pricing²:

  • Single-leg as low as $0 per contract
  • Multi-leg as low as $0 per contract
  • Index options as low as $0.60 per contract
  • Margin lending starting at 11.75%

Non-U.S. clients can trade U.S. options with competitive rates²:

  • Single-leg as low as $5 + $0.10 per contract
  • Multi-leg as low as $5 + $0.05 per contract
  • Index options as low as $5 + $0.60 per contract
  • Margin lending starting at 11.75%

Design your data package for your options strategy, not the other way around

What’s included?
  • CBOE Indices Real-Time Data
  • OPRA Real-Time Data
  • NYSE American Real-Time Level 1
  • NASDAQ Real-Time Level 1
  • NYSE Real-Time Level 1
  • OTC Markets Delayed Level 1
Available extras
  • Enhanced Market Depth Package
  • S&P Indices Package
  • Russell Indices Package
  • Dow Jones Indices Package
  • NASDAQ Real-Time Level 2
  • OTC Real-Time Level 2
  • BATS and Direct Edge Books Data
  • NASDAQ BX TotalView Data
  • ARCA Book Data
options-market-900x675-1.jpg

Satisfy your thirst for more knowledge

Find new potential corners of the market to conquer with fresh ideas. Strengthen your strategic playbook with our Options Education Center.


Discover complex options strategies with our exclusive video series

Access valuable insights on managing returns with bull call spreads, buying stocks potentially below market using options, and implementing income strategies with weekly options.

Fill out the form below to gain the knowledge to use these powerful strategies and get ready to take your options trading to the next level.

Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com/DisclosureOptions. Visit www.TradeStation.com/Pricing for full details on the costs and fees associated with options.

† Visit TradeStation.com/Awards for details.

¹Statistics provided by S3 Matching Technologies LP, an independent company that is not affiliated with TradeStation Securities Inc.  Data shown for Q4 2025 calendar year.

²Fees and charges may apply. Visit www.TradeStation.com/Pricing to learn more about all the fees and charges that may apply.

Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the Margin Disclosure Statement at www.TradeStation.com/DisclosureMargin.

ID5168399 D0126 P11012203906
Client Support Icon
Chat Offline