#6 of 115 in the US ranking · Broker / app

tastytrade Review (October 2026): Fees, US States and Licenses

Best for: Active multi-asset traders

7.3/10

US access 20%9.0
Regulation 20%9.5
Security record 15%6.4
Cost 15%5.0
Range 10%6.5
Popularity 15%5.7
Data quality 5%7.0

By Vahe Hakobyan Verified October 5, 2026 Medium confidence No affiliate links

Taker fee— Not verified
US states— Not verified
New York— Not verified
Coins20
CustodyCustodial
App Store4.8 ★ · 13K

Our verdict

tastytrade is a Chicago-based broker-dealer (tastytrade, Inc., member FINRA, SIPC and NFA) owned by IG Group. It offers spot trading in 20+ cryptocurrencies through Zero Hash, which executes orders and holds the coins. Pricing is 0.75% per side for Bitcoin and Ether and 1% for other coins, built into the execution price. Crypto cannot be traded on margin and is not SIPC or FDIC protected.

Pros

Crypto alongside stocks, options and futures in one account
Published pricing: 0.75% for BTC and ETH, 1% for others
Holdings can be transferred to external wallets, per tastytrade

Cons

Fee is embedded in the execution price as a markup
Crypto is not covered by SIPC or FDIC
Stablecoin withdrawals not yet supported

tastytrade fees

Maker / taker: — Not verified
Simple buy: 0.75% of trade value for BTC and ETH and 1% for other coins, on both buys and sells; taken as a Zero Hash markup/markdown in the execution price ($1.00 minimum per fill, capped at 3% of notional)
Volume tiers: No volume tiers. tastytrade receives 65% of the Zero Hash markup.
ACH deposit: — Not verified
Wire deposit: — Not verified
Card purchase: — Not verified
USD withdrawal: — Not verified
Crypto withdrawal: — Not verified
Minimum deposit: — Not verified

Is tastytrade available in my state?

Spot trading in 20+ cryptocurrencies is offered to holders of an approved individual tastytrade account through Zero Hash, per the official crypto page checked on October 5, 2026.

The list of states this platform serves is not verified yet.

tastytrade publishes no state list for crypto on the pages checked. Its provider Zero Hash LLC lists money transmitter licenses in all 50 states, DC and Puerto Rico.

New York: — Not verified
ID check (KYC): Yes
Withdraw crypto: Yes
Funding: Stablecoin deposit (USDC, USDT, PYUSD, RLUSD)

Is tastytrade regulated?

FinCEN MSB
NMLS 1699379
BitLicense
CFTC
SEC / FINRA
LSE: IGG (parent IG Group Holdings plc)

US operator: tastytrade, Inc. (brokerage); crypto execution by Zero Hash Liquidity Services LLC and custody by Zero Hash LLC
Parent company: IG Group Holdings plc (LSE: IGG), via IG US Holdings, Inc.
State licenses: Licenses for crypto are held by the provider: Zero Hash LLC lists money transmitter licenses in all 50 states, DC and Puerto Rico (license page updated June 3, 2026).
New York license: BitLicense
CFTC / NFA: tastytrade, Inc. is an NFA member (futures)
SEC / FINRA: tastytrade, Inc. - broker-dealer, member FINRA and SIPC
Other: The FinCEN MSB registration, NMLS ID 1699379 and New York virtual currency licenses belong to Zero Hash (Zero Hash LLC and Zero Hash Liquidity Services LLC), not to tastytrade, Inc.
Founded: 2017
Headquarters: Chicago, IL, USA

How secure is tastytrade?

Proof of reserves: — Not verified
Audits: — Not verified
Insurance: Crypto holdings are not covered by SIPC or FDIC.

Incidents since 2019

2024otherA system failure in April 2024 caused mistaken withdrawals from more than 50 customer accounts, according to Wikipedia's summary of press reports.
2021outageA platform outage in January 2021 during volatile markets left clients unable to manage positions, per Wikipedia.

Crypto held on a platform is not covered by FDIC or SIPC insurance.

What you can do on tastytrade

Spot
Futures
Options
Stocks & ETFs

Crypto is spot only, must be fully paid and cannot be traded on margin. Futures and options flags refer to tastytrade's brokerage products (stock and index options, e-mini, micro and e-nano futures).

Apps: Web, iOS, Android, Desktop
Support: Help center

tastytrade FAQ

What are tastytrade's fees?

Simple buy: 0.75% of trade value for BTC and ETH and 1% for other coins, on both buys and sells; taken as a Zero Hash markup/markdown in the execution price ($1.00 minimum per fill, capped at 3% of notional).

Is tastytrade regulated in the US?

US customers are served by tastytrade, Inc. (brokerage); crypto execution by Zero Hash Liquidity Services LLC and custody by Zero Hash LLC. Registrations and licenses on record: FinCEN MSB, NMLS 1699379, BitLicense, CFTC, SEC / FINRA, LSE: IGG (parent IG Group Holdings plc).

Can I withdraw crypto from tastytrade to my own wallet?

Yes. tastytrade lets US users send crypto to an external wallet.

Does tastytrade require ID verification?

Yes. tastytrade verifies your identity before you can trade.

How many cryptocurrencies can I trade on tastytrade?

About 20 cryptocurrencies are available to US users, per tastytrade's official asset list.

Alternatives to tastytrade

Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.