Webull vs TastyTrade (2025)

TastyTrade or Webull: who is better? Compare investing accounts, online trading fees, stock broker extended hours, and differences.

Webull vs. TastyTrade Introduction

Webull and TastyTrade both offer advanced trading tools and more. To see how they compare, keep reading.

Cost

Broker Fees	Stock/ETF Commission	Mutual Fund Commission	Options Commission	Maintenance Fee	Annual IRA Fee
WeBull	$0	na	$0 per contract	$0	$0
Tastytrade	$0	na	$0.50 per contract	$0	$0

Services

Broker Review	Cost	Investment Products	Trading Tools	Customer Service	Research	Overall Rating
WeBull
Tastytrade

Promotions

Webull: Up to $7,500 cash and 20 FREE shares when you make a deposit at Webull.

TastyTrade: Get $250 for each trader you refer with this referral link.

Category #2: Margin Services

Both platforms offer margin trading. TastyTrade also has portfolio margin (requires a $175,000 balance), which Webull doesn’t provide.

A Webull cash account can convert to margin on the website. At TastyTrade, you must open a new account for margin.

Webull’s margin rates are cheaper overall. Its sliding scale goes from 8.74% down to 4.74%. TastyTrade starts at 11% and goes as low as 8%.

Winner: Debatable

Category #3: Website Trading

Both firms’ websites focus on account management. Webull’s site shows limited news on stocks, crypto, and overall financial markets.

Webull vs TastyTrade

To place trades, you’ll need to launch a browser platform from the top menu at either site. Both have trade forms with advanced features, but each set of features differs. TastyTrade’s platform has built-in multi-leg option strategies. On Webull’s web platform, you can only place single-leg options.

Webull does have multiple equity order tickets, each with lots of order types, such as OTO (one triggers the other) and OCO (one cancels the other).

Webull’s charting is also better. You can enlarge a chart to fill the whole screen and choose from many tools, like:

- Technical indicators
- Drawing tools
- Different chart styles

Tasty’s charts only have a few drawing tools, and the maximum time frame is one year.

TastyTrade vs Webull

Winner: Webull

Category #4: Desktop Software

Both firms deliver strong desktop programs. Tasty’s desktop platform has acceptable charting—charts nearly fill the screen and come with helpful tools, such as:

- Multiple indicators
- Different chart styles
- Several drawing features

TastyTrade vs Webull

The same trade form appears, plus a pairs trading ticket. Additional desktop perks include watchlists, P/L diagrams, and TastyTrade content, courtesy of tastytrade (their educational media service).

Webull’s desktop platform doesn’t have that educational section, but it has many advanced trading features, including a few different order tickets, each with a distinct purpose. The newest is Active Order Entry. You’ll see Level II quotes at the top and color-coded buy and sell buttons below.

Webull versus TastyTrade

Tasty’s charts are good, but Webull goes a bit further with fully expanded charts and right-click trading.

Winner: Webull

Category #5: Mobile Apps

Both companies’ mobile apps reflect their desktop platforms. Webull adds social features that let you interact with other traders. It also offers a QR-code login on its website, so you don’t have to enter your credentials.

Webull vs. TastyTrade

Webull has two order tickets in its app, plus strong charting. You can overlay positions on a chart, and the app supports multi-leg options. We also like its Promotion Center, which shows available rewards.

TastyTrade’s app doesn’t highlight current promos, but it does have built-in option strategies. Unfortunately, its charts aren’t as robust, offering no technical indicators or drawing tools—though you can rotate a chart horizontally.

TastyTrade or Webull

You can see trades other TastyTrade users make with the tastylive feature, and copy them if you wish.

Winner: Webull

Category #6: Day Trading

PTD Status: TastyTrade provides a pattern-day trading reset tool on its website, usable once every 90 days. Webull doesn’t have anything like that.

Shorting: Both brokers let you open short positions. Their platforms have a sell short button (Webull requires a margin account). Both show if a stock is hard to borrow. Webull also displays the estimated borrow fee rate, which TastyTrade doesn’t.

Routing Fees and Rebates: Neither brokerage has these.

Extended Hours: Both firms allow trading in pre-market and after-hours, though Webull offers lengthier sessions.

Level II Quotes: Only Webull includes these.

Direct-access Routing: Neither platform offers it.

Winner: Webull

Category #7: Extra Services

Banking Tools: Tasty doesn’t provide banking services. Webull pays a very high 4% APY on uninvested cash.

DRIP Service: Both offer it.

Fractional-Share Trading: Only Webull supports partial shares (for stocks and ETFs), although crypto at either firm can be bought in whole-dollar amounts.

Individual Retirement Accounts: Both companies offer IRAs. TastyTrade has more IRA choices, including small business accounts, but charges $60 to close an IRA.

Initial Public Offerings: Webull offers IPO access.

Winner: Webull

Recommendations

Long-Term Investors & Retirement Savers: TastyTrade supports more account types (trusts, joint, business, etc.).

Small Accounts: Both are fine for taxable trades since neither has minimums or monthly fees. TastyTrade’s IRA closure fee makes us favor Webull for small IRAs.

Mutual Fund Trading: Look at Charles Schwab for numerous mutual funds.

Beginners: Webull’s platforms are simpler to learn.

Stock & ETF Trading: Webull looks better due to superior charting and fractional-share trading.

Webull vs TastyTrade Recap

TastyTrade is the go-to choice for futures trading, while Webull leads the way with its software.

Updated on 1/30/2025.

About the Author

Chad Morris is a financial writer with more than 20 years experience as both an English teacher and an avid trader. When he isn’t writing expert content for Brokerage-Review.com, Chad can usually be found managing his portfolio or building a new home computer.