Webull vs. tastytrade Introduction
Both Webull and tastytrade offer advanced trading technology and a lot more besides. For the complete story on these
two brokers, read on.
Cost
| Broker Fees |
Stock/ETF
Commission |
Mutual Fund
Commission |
Options
Commission |
Maintenance
Fee |
Annual IRA
Fee |
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Webull
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$0
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na
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$0 per contract
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$0
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$0
|
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tastytrade
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$0
|
na
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$0.50 per contract
|
$0
|
$0
|
Services
| Broker Review |
Cost |
Investment Products |
Trading Tools |
Customer Service |
Research |
Overall Rating |
|
Webull
|
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|
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|
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tastytrade
|
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Promotions
Webull:
3.5% match on contributions and $20 stock bonus with $500 deposit at Webull.
tastytrade:
Get $100 for opening a tastytrade account with this referral link.
Category #1: Available Investments
tastytrade supports trading in:
- Stocks (including ADRs and REITs, but not OTC stocks)
- Options
- Futures
- Options on futures
- Cryptocurrencies
- ETFs
- Closed-end funds
Webull does not offer options on futures, although it adds over-the-counter stocks and some fixed-income products.
Winner: tastytrade
Category #2: Margin Services
Since both firms are built for active traders, margin trading is available at each broker. At tastytrade, but not at Webull, portfolio margin is also available (although it requires at least $125,000 in equity to get started).
A cash account at Webull can be upgraded to margin status on the broker’s website. That cannot be done at tastytrade. Instead, a separate account has to be opened.
Webull posts lower margin rates. The broker’s tiered schedule ranges from
8.74% down to 4.74%. tastytrade’s schedule begins at 10.25% and falls to 7.25%.
Winner: Debatable
Category #3: Website Trading
Both companies maintain basic websites for account management. Webull’s site shows a limited amount of news on stocks, cryptocurrencies, and the broader financial markets.
For actual trading, both brokers require you to launch a browser platform from the top of the website. Each platform has trade tickets with advanced capabilities, although the feature sets are different. On tastytrade’s platform, option spreads come pre-loaded. On Webull’s browser platform, multi-leg options strategies are available too, but tastytrade still comes out ahead for advanced derivatives trading.
Webull, however, delivers multiple stock order tickets. Taken together, they provide many order choices, including OTO (one triggers the other) and OCO (one cancels the other).
Webull’s charting is also significantly stronger. A chart can be expanded across the full monitor, and there are many tools, including:
- Technical studies
- Drawing gadgets
- Multiple display styles
tasty’s charts come with fewer drawing tools, and 52 weeks is the longest time frame.
Winner: Webull
Category #4: Desktop Software
High-level trading continues at both brokers with powerful desktop programs. On tasty’s platform, charting is
fairly good this time around. A chart can stretch to almost the full width of the screen, and there are several practical tools. Examples include:
- Lots of technical indicators
- Multiple graph styles
- Several drawing tools
The same order ticket from the browser platform shows up here as well. This time, there is also a second ticket designed for pairs trading. Other desktop features include multiple watchlists, profit-loss diagrams, and tastylive content. tastylive is the firm’s educational branch.
Webull’s desktop platform no longer has the educational section, but it still comes with many strong trading tools, including several order tickets that each serve a different role. The newest ticket is called Active Order Entry. At the top of it, there is an area for Level II quotes. Below that is the actual order form, complete with color-coded buy and sell buttons.
Although tasty’s charting held up well in this round, Webull still does a better job with truly full-screen charts and right-click trading.
Winner: Webull
Category #5: Mobile Apps
Trading also continues on both firms’ mobile apps. Each app closely resembles its company’s desktop and web software. Webull adds one feature here that stands out: social interaction with other traders. It also includes a QR-code login tool tied to the Webull website, which reduces the need to manually enter login credentials.
For trading itself, Webull’s app offers two order tickets and very capable charting tools. These include the ability to overlay positions on a chart. The app also has built-in option spreads for faster order entry, and we like the Promotion Center in the main menu that displays the latest broker bonuses.
tastytrade’s mobile app does not display current promotions from the broker, although it does support built-in option strategies. Its charting is much weaker, however, with no technical studies or drawing tools. On the plus side, charts can be rotated horizontally.
tastytrade also brings educational and follow-style features into its broader platform ecosystem.
Winner: Webull
Category #6: Day Trading
PDT Status: tastytrade has a pattern-day trading (PDT) reset tool on its website. It may be used once every 90 days. Webull also offers a one-time PDT reset per account.
Shorting: Short selling is available at both broker-dealers. Both platforms include sell short buttons (at Webull, a funded margin account is needed to see it). Both brokers also indicate whether a security is hard to borrow. Only Webull’s software shows the estimated borrow fee rate.
Routing Fees and Rebates: Neither firm offers these.
Extended Hours: Trading before the open and after the close is available at both brokers. Webull has longer sessions and also offers overnight trading in certain securities.
Level II Quotes: Webull offers Level II quotes for equities, while tastytrade does not currently provide Level II equity quotes.
Direct-access Routing: Surprisingly, neither broker-dealer offers it.
Winner: Webull
Category #7: Extra Services
Banking Tools: tasty does not really provide notable cash-management features. Webull, by contrast, pays
3.35% APY interest on eligible cash balances.
DRIP Service: Both brokers offer it.
Fractional-Share Trading: Both firms offer it for stocks and ETFs. Cryptocurrencies can also be traded fractionally.
Individual Retirement Accounts: Both firms offer IRAs. tastytrade has more IRA types available, including an SEP IRA, although it also charges an IRA termination fee (currently $60).
Initial Public Offerings: Available in a Webull account.
Winner: Webull
Recommendations
Long-Term Investors & Retirement Savers: tastytrade has a much broader menu of account types, including trusts, joint accounts, and business accounts.
Small Accounts: For taxable trading, either broker can work because neither one has ongoing fees or minimums. Because tasty charges an IRA closeout fee, we favor Webull for small retirement accounts.
Mutual Fund Trading: Charles Schwab would be a smart place to look for a wide selection of mutual funds.
Beginners: Webull's platform is easier to learn and navigate.
Stock & ETF Trading: Webull appears to have the advantage because its charting tools are better, although tastytrade also supports fractional-share trading.
Promotions
Webull:
3.5% match on contributions and $20 stock bonus with $500 deposit at Webull.
tastytrade:
Get $100 for opening a tastytrade account with this referral link.
Webull vs tastytrade Recap
tastytrade is the clear favorite for futures trading, while Webull stands well above its competitor when it comes to software.
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Updated on 4/22/2026.
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.
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