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Robinhood vs tastytrade
The same facts side by side. Swap a broker from the menu under its logo; the best value in each row is marked.
- Robinhood leads
- 4
- tastytrade leads
- 5
- Level
- 2
Of 11 scored facts, Robinhood leads on 4, tastytrade on 5, and 2 are level. Countries and the offer are not scored.
Sync-only with QuantWheel
Your tradingabout $0.55 a monthabout $6.64 a yearInactivity fee estimated.
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Up to three brokers, with a year of your trading at each
Head-to-head
The best value in each row is marked; rows where every broker matches carry no mark.| Fact | Robinhood |  tastytrade |
|---|---|---|
| Fee per contract | $0 per contractBest | $1 open / $0 close |
| Robinhood, Index contracts and other fees extra | tastytrade, $10 opening cap per leg; other fees apply | |
| Exercise and assignment | $0Best | $5 |
| Approval | Spreads | NakedBest |
| Robinhood, Up to defined-risk spreads | tastytrade, Up to naked short options | |
| 0DTE | Yes | Yes |
| Index options (SPX) | Yes | Yes |
| Options on futures | No | YesBest |
| Spreads in an IRA | No | YesBest |
| Portfolio margin | Not published | Yes |
| Margin rate | 5.05%Best | 10.00% |
| Platforms | Web, Mobile | Web, Desktop, Mobile, APIBest |
| Paper trading | Not published | No |
| 24/7 support | YesBest | No |
| Countries | US only (SSN, US address; citizen, permanent resident or valid visa) | US residents and listed eligible countries (e.g. UK, Singapore); not Canada; India cash only |
| QuantWheel | Sync-only | Trade & SyncBest |
| Robinhood, Reads the account; you place the orders | tastytrade, Reads the account and places the orders you approve | |
| Offer |
Facts from each broker's fee schedule and options agreement, checked 8 October 2026. Best marks the lowest cost or the widest allowance in a row.
The two brokers
One paragraph each.Robinhood$0 per contract · $0 exercise and assignment · spreads
Robinhood opens options accounts for residents of the United States, Puerto Rico and the US Virgin Islands, among the 243 countries this directory covers. It charges $0 per contract (Index contracts and other fees extra). Exercise and assignment cost $0. It approves up to defined-risk spreads. It trades on Web, Mobile. QuantWheel syncs positions and trades from the account and suggests; you place the orders at the broker.
tastytrade$1 open / $0 close · $5 per event · naked
tastytrade opens options accounts for residents of 55 of the 243 countries this directory covers, among them the United States, Singapore and the United Kingdom. It charges $1 open / $0 close ($10 opening cap per leg; other fees apply). Exercise and assignment cost $5 each. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; with Trade & Sync the orders you approve go to the broker from QuantWheel.
What each costs for the way you trade
A year of fees from each broker's published prices, checked 7 and 8 October 2026.
Robinhood
about $0.07 a trade, under 0.1% of your premium. Inactivity fee estimated.
about $0.55 a monthabout $6.64 a year
tastytrade
$1.93 a trade, 1.6% of your premium.
$15 a month$185 a year
Robinhood does not publish every fee this strategy needs, so no broker is named lowest here.
A year from each broker's published fees. A fee a broker leaves out is estimated at the middle of what the brokers that publish it charge, and that total says about. Your broker statement can differ, and brokers change fees.
Who each suits
Written from the facts on this page. Each feature needs the broker's approval and account rules.Robinhood suits a trader who wants chat support around the clock or a custodial account. Its highest level is spreads. tastytrade suits a trader who wants naked options, portfolio margin, spreads in an IRA or a desktop platform. It also offers options on futures at The Works level in a margin account. Both offer index options. QuantWheel sends the orders you approve to tastytrade. With Robinhood, QuantWheel syncs your positions and you place the orders at Robinhood.
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Robinhood vs tastytrade