Tastyworks vs Interactive Brokers

Tastyworks vs Interactive Brokers Comparison Table 2021
Tastyworks Interactive Brokers
Tastyworks is an options and derivatives broker with trading in a range of equity, forex and crypto markets. IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Bonus
None None
Instruments
Stocks, Futures, Options, Crypto, ETFs Stocks, Futures, E-minis, Options, CFD, Forex, Crypto
Demo Account
No Yes
Minimum Deposit
$0 $10000
Payment Methods
ACH Transfer, Wire Transfer ACH Transfer, Apple Pay, Cheque, Credit Card, Google Pay, JCB Card, Mastercard, Samsung Pay
Minimum Trade
$100
Regulator
SEC, FINRA SEC, FCA, IIROC, SFC
Margin Trading
Yes Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
- Yes
Robo Advisor
- No
Negative Balance Protection
- No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS, Android and Windows
Auto Trading
- -
Trade Signals
- -
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
- USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF
CFD
CFD trading not offered
Leverage
1:50
FTSE Spread
0.005% (£1 Min)
GBPUSD Spread
Commission (.20 pts x trade value)
Oil Spread
N/A
Stocks Spread
From 0.003 per share, variable
Forex
Forex trading not offered
GBPUSD Spread
Commission (.20 pts x trade value)
EURUSD Spread
Commission (.20 pts x trade value)
EURGBP Spread
Commission (.20 pts x trade value)
Assets
70+
Cryptocurrency
Spread
Coins
BTC, LTC, ETH, XRP
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No