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tastytrade

Educational platform for options and futures

Overview

Tastytrade provides education and trading tools for options and futures through a network that includes live daily content, educational courses, and strategic trade ideas, plus brokerage and exchange services. Users access free beginner courses and more advanced content, follow real-time market analysis, and execute trades on linked platforms. It differentiates itself by combining education, live market commentary, and trading execution in one ecosystem with multiple revenue streams, including a brokerage and simplified futures offerings. Its goal is to empower traders to navigate options and futures markets and improve their trading outcomes.

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About tastytrade

Simplify's Rating
Why tastytrade is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsFinancial ServicesEducation

Company Size

201-500

Company Stage

Acquired

Total Funding

$47M

Headquarters

Chicago, Illinois

Founded

2011

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Simplify's Take

What believers are saying

  • August 2026 Wagl acquisition upgrades AI research, portfolio analysis, and trade execution.
  • Stablecoin funding in August 2026 adds USDC, USDT, PYUSD, and RLUSD deposits.
  • Crypto expansion to 23 assets and 9,700 monthly traders shows sustained product traction.

What critics are saying

  • FINRA fined tastytrade $850,000 on July 21 2026 for best-execution failures.
  • FINRA also fined tastytrade $200,000 on May 29 2026 for unreported customer complaints.
  • Apex and Zero Hash deepen infrastructure dependence, creating brittle launch risk if partners tighten terms.

What makes tastytrade unique

  • tastytrade owns a rare options-first retail brand with live education and trading tools.
  • Its August 2026 Global Trading Hours offers nearly 24-hour SPX, VIX, XSP, RUT trading.
  • Prediction Markets, launched July 27 2026, embeds CFTC-regulated event contracts inside the brokerage.

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Funding

Total Funding

$47M

Meets

Industry Average

Funded Over

4 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison Coming Soon

Benefits

  • Performance Bonus
  • Stock Options
  • 401(k) Retirement Plan
  • Paid Vacation
  • Paid Sick Leave
  • Gym Membership
  • Commuter Benefits
  • Pet Insurance
  • Wellness Program
  • Paid Volunteer Days Off

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-1%
Daily Sports Club
Sep 28th, 2026
Automated options trading bot for tastytrade accounts: ACondor software launches.

Automated options trading bot for tastytrade accounts: ACondor software launches. Sep 28, 2026 ACondor's newly announced software runs defined-risk premium-selling strategies with circuit breakers and daily and weekly loss caps, built for experienced traders who already sell premium by hand. Las Cruces, United States, September 29, 2026 /NewsNetwork/ - ACondor has announced access to its automated options trading bot, which runs defined-risk premium-selling strategies in tastytrade accounts. The program is built for active retail options traders who already sell premium by hand and want their rules applied consistently. The release comes as options trading continues to expand. The Options Clearing Corporation cleared 15.2 billion options contracts in 2025, a 24.4% increase over 2024, and traders increasingly incorporate automation into their overall strategy, notes the team at ACondor. ACondor runs three core strategies, explains founder Robin Lilly. Its mechanical engine sells iron condors when implied volatility is elevated and no earnings report falls within the trade window. An earnings engine opens iron condors ahead of a company's report and closes them the next morning, while a volatility contraction engine trades short-dated positions after non-earnings volatility spikes. New entries stop when the VIX reaches 35 and during Federal Reserve and consumer price index release windows. Per-account circuit breakers halt new entries after realized losses of $500 or 5% of net liquidating value in a day, or $1,500 or 10% in a week. These controls do not close existing positions, which continue under fixed exit rules. Robin Lilly, a software architect who has traded options for more than 40 years, built ACondor to automate his own mechanical strategy. "The bot does not have opinions. It does not get tired. It does not decide that this time the position is different," Lilly said. "It reads the rules, checks the gates, and acts. That is the entire point." ACondor connects through tastytrade's OAuth API and can place and cancel options orders, but cannot withdraw or transfer funds. More information can be found at https://acondor.com/how-it-works ACondor is software, not investment advice, and does not guarantee any financial outcome, Lilly notes. He also stresses the fact that if the software stops, open positions remain the user's responsibility. Neither ACondor LLC nor Lilly is a registered investment adviser. Options trading involves substantial risk of loss and past performance does not guarantee future results. About ACondor ACondor LLC, founded by Robin Lilly, develops and provides ACondor, an automated options trading platform for tastytrade accounts. Support for additional brokers is planned. Contact Info: Name: Robin Lilly Email: Send Email Organization: ACondor LLC Address: 2521 North Main Street, Las Cruces Unit 1-276, Las Cruces, New Mexico 88001, United States Phone: +1-575-312-9326 Website: https://acondor.com Release ID: 89204745 In case of encountering any inaccuracies, problems, or queries arising from the content shared in this press release that necessitate action, or if you require assistance with a press release takedown, Daily Sports Club urge you to notify Daily Sports Club at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Its responsive team will be readily available to promptly address your concerns within 8 hours, resolving any identified issues diligently or guiding you through the necessary steps for removal. The provision of accurate and dependable information is its primary focus.

Finance Magnates
Aug 25th, 2026
IG and tastytrade Digital Assets executive moves on after seven years.

IG and tastytrade Digital Assets executive moves on after seven years. Tuesday, 25/08/2026 | 09:06 GMT-7 by Tareq Sikder * Laurence Willows spent more than three years leading US digital assets business development. * Last year, tastytrade added Bitcoin and XRP through infrastructure provider Zero Hash. Laurence Willows has left IG Group and tastytrade after nearly seven years with the companies, according to a LinkedIn post published today. Willows wrote that he had "moved on from IG / tastytrade this summer" after "7 amazing years" with the businesses. "It's been a pleasure working alongside so many talented people," he added. His departure comes as tastytrade continues to develop its crypto business. The platform added Bitcoin and XRP through infrastructure provider Zero Hash last year and broadened its range of available cryptocurrencies. IG Group later reported its first spot crypto revenue, with tastytrade accounting for most of the US activity. The platform had increased its offering from four to 23 cryptocurrencies and recorded 9,700 active monthly crypto traders. IG Digital Assets Head leaves tastytrade. Willows' most recent role was Head of Business Development, Digital Assets, US, which he held for just over three years. He focused on tastytrade's US crypto business and the development of tastycrypto, a self-custody wallet. Willows said his work included "tastytrade's crypto offering, and the build of tastycrypto." From Internal Audit to Digital Assets. Willows joined IG Group as an Internal Audit Associate in Greater London and spent nearly two years in the role before becoming an Internal Audit Senior Associate, a position he held for about a year and a half. He then moved into the group's digital assets business as Business Manager, Digital Assets, spending seven months in the role. Willows subsequently became Head of Business Development, Digital Assets, US, where he spent just over three years. His LinkedIn profile lists the role at both IG Group and tastytrade. Willows has not disclosed his next role or professional plans. Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023. At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London. Education: Honours degree Information Technology, Anfell College, London * 2439 Articles * 43 Followers

tastytrade
Aug 13th, 2026
tastytrade Continues to Invest in the Future of AI for Active Traders.

tastytrade Continues to Invest in the Future of AI for Active Traders. Published Aug 13, 2026 Updated Aug 13, 2026 Earlier this year, tastytrade placed its conviction on where trading technology is headed, and just as importantly, on the people building it. In May 2026, it acquired the technology and team behind Wagl, an AI-native trading technology company designed to empower active options traders with tools for market research, portfolio analysis, and trade execution. The move represents a significant expansion of tastytrade's AI strategy. Wagl was built from the ground up for the mechanics of equity and options trading, the kind of nuance that generic AI tools tend to gloss over. It's conversational AI combining market data, options analytics, portfolio review tools, and rules-based strategy scoring, purpose-built for options-focused traders who want more information at their fingertips and faster ways to act on it. Bringing in the right team Wagl's co-founders, Alec Baum and Brian Ash, have joined tastytrade to lead the integration and expansion of AI across the organization, and their track record speaks for itself. "We built Wagl to meet traders where they are and increase the breadth of information at their fingertips. Unlike integrations that connect accounts to general-purpose AI models, Wagl's technology was purpose-built for the active trader," said Alec Baum, tastytrade's General Manager of AI Products & Developer API. Alec previously co-founded Optionality and served as its CEO for three years before its acquisition by Lightspeed Financial Services Group, where he focused on options technology and growth. Prior to starting Optionality, Alec learned the ropes of options trading at Susquehanna International Group. He's now leading its AI Products and Developer API work. Brian joins as Principal Engineer, AI Innovation, with more than 15 years of experience founding and scaling software companies. As CTO of Optionality, he worked alongside Alec to deliver trading solutions that hold up in the real world, and he brings deep expertise in software architecture, platform development, and getting complex technical products into traders' hands. Bringing this team in-house means the people who understand this problem most deeply are now building for tastytrade customers directly. What this means for traders tastytrade's goal has always been to help traders research markets, analyze their portfolio, and act on trade ideas with more confidence. Acquiring Wagl and the team behind it moves Tastytrade toward technology that understands options strategy mechanics and real trader workflows at a level beyond what's currently out there. There's a lot of work ahead, and tastytrade will be sharing more as these tools make their way into the platform. For now, the company is excited to welcome Alec and Brian from Wagl, and to keep building the kind of AI that works the way active traders actually think.

tastytrade
Aug 10th, 2026
tastytrade launches Global Trading Hours: overnight index options Trading built for active traders.

tastytrade launches Global Trading Hours: overnight index options Trading built for active traders. Published Aug 10, 2026 Updated Aug 10, 2026 SPX, VIX, XSP, and RUT options now trade nearly 24 hours a day, five days a week on tastytrade. CHICAGO, IL - August 10, 2026 / Business Wire - tastytrade, the online brokerage firm created by traders for self-directed investors, announced full support for Cboe Global Trading Hours (GTH), giving customers real-time access to S&P 500 Index (SPX), Cboe Volatility Index (VIX), Mini-SPX (XSP), and Russell 2000 Index (RUT) options well beyond the regular trading session. Eligible index options now trade in Cboe's Global Trading Hours session, which runs overnight from 8:15 p.m. ET to 9:25 a.m. ET - Sunday evening through Friday morning - and the Curb session, 4:15 to 5:00 p.m. ET Monday through Friday, in addition to regular trading hours. The offering is built for event-driven trading. Economic releases such as CPI and PPI reports land before the market opens, and international news can move US markets all the same. With Global Trading Hours offering close to 24-hour trading sessions, tastytrade now provides its customers with the opportunity to act the moment news breaks with extended trading hours, not the morning after. It also extends the instruments tastytrade's core customers already rely on for hedging, macro positioning, and volatility trading. tastytrade is also preparing for the next phase of extended-session trading for single stock options, with the goal of offering access on day one, bringing around-the-clock trading to earnings season for the first time. "Institutional traders have always had access to the overnight session, and we're putting that same capability in the hands of the active retail traders who will actually use it," said Pete Mulmat, Head of Brokerage, tastytrade/IGNA. "Our customers are already among the most engaged index options traders anywhere. XSP is a top 10 product on our platform while it sits outside the top 40 industry wide." The launch comes as overnight activity accelerates. According to Cboe, GTH volume has set records in consecutive months, recently accounting for more than 4% of total SPX options volume, up sharply from roughly 3% just months earlier. GTH works exactly like the regular session on tastytrade's platform, using the same order ticket and the same workflow on desktop and mobile, with limit orders and dedicated time-in-force options (Global Hours and GTC Global Hours). tastytrade's education and live financial network affiliate, tastylive, covers trading and managing SPX in the GTH session every weekday morning from 7:30 to 8:30 a.m. CT, in real time before the open. Dedicated GTH programming and a webinar series will follow across tastylive and YouTube. GTH is available now on all tastytrade platforms for SPX, VIX, XSP, and RUT options. For more information, visit tastytrade.com/global-trading-hours. Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before investing in options. Trading during extended hours involves additional risks, including but not limited to reduced liquidity, increased volatility, wider bid-ask spreads, and the potential impact of news released outside of regular market hours.

Casino.org
Jul 27th, 2026
tastytrade forges into prediction markets, focusing on traders, not bettors.

tastytrade forges into prediction markets, focusing on traders, not bettors. Posted on: July 27, 2026, 12:59h. Last updated on: July 27, 2026, 01:00h. Key points. * tastytrade unveiled its prediction market today * The brokerage firm is focusing on cryptocurrency and financial derivatives, not sports event contracts * It's partnering with Apex Fintech Solutions tastytrade, an options brokerage house well-known to sophisticated retail traders, launched its prediction market platform today with an emphasis on various financial derivatives. Known as "Prediction Markets," the tastytrade offering is supported by Apex Fintech Solutions and is the first brokerage firm to use Apex's Futures Clearing Merchant (FCM) infrastructure. In prediction markets, an FCM is essential because the entity is a regulated conduit between the customer and the exchange. FCMs custody customer funds, manage collateral and serve other compliance functions. The tastytrade platform is regulated by the Commodity Futures Trading Commission (CFTC), which oversees prediction markets in this country. Traders can access tastytrade's yes/no offering on a 24/7 basis directly from the tastytrade platform, but event contracts will be traded in what the company described as "segregated accounts." tastytrade focusing on finance. With its event contract platform, tastytrade is staying in its lane, focusing on financial derivatives that are in the wheelhouses of its client base. The company is offering yes/no derivatives on instruments such as equity indexes, Treasury yields and volatility gauges as well as on major economic data reports, including the Consumer Price Index (CPI), nonfarm payrolls and GDP. The brokerage house is also offering event contracts on several of the largest digital currencies, including Bitcoin, Ethereum, Solana and XRP. That's a potentially shrewd move because cryptocurrency is one of the fastest-growing non-sports segments in the prediction market industry. The platform also features yes/no derivatives on some of the most widely traded commodities, such as copper, crude oil, gold, natural gas and silver. No sports on tastytrade prediction market. To some industry observers and traders, tastytrade's exclusion of sports event contracts may be noteworthy, but it's a smart move when considering it is those derivatives that have the broader prediction market industry in legal and regulatory crosshairs across the U.S. Plus there's evidence of brokerage firms and exchange operators finding success with yes/no derivatives while leaving sports out of the equation with Interactive Brokers (NASDAQ: IBKR) standing as one prime example. As for tastytrade, it has the potential to be a legitimate competitor in the non-sports side of the prediction market industry as it has, by one estimate, approximately 500,000 customers. Another estimate indicates the average account balance is $12,000. Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at [email protected].

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