Interactive Brokers vs tastytrade options fees (2026)
Interactive Brokers is cheaper per contract ($0.65 vs $1.00). Interactive Brokers has the lower exercise/assignment fee ($0.00 vs $5.00). At the smallest balance tier each lists, Interactive Brokers charges 5.38% (Pro $0-$100k) and tastytrade charges 11.0% ($0-$24,999).
| Interactive Brokers (Lite / Pro <=10k contracts) | tastytrade | |
|---|---|---|
| Per-contract commission | $0.65 Source: www.interactivebrokers.com, retrieved 2026-10-25 | $1.00 Source: tastytrade.com, retrieved 2026-10-25 |
| Exercise / assignment fee | $0.00 Source: www.interactivebrokers.com, retrieved 2026-10-25 | $5.00 Source: tastytrade.com, retrieved 2026-10-25 |
| Index option fees | exchange fees passed through (Pro); amount varies Source: www.interactivebrokers.com, retrieved 2026-10-25 | $1.00/contract to open, $0 to close + $0.10 clearing + proprietary fee (SPX $0.60, RUT $0.18, VIX $0.35, NDX $0.25, XSP $0/$0.07) Source: tastytrade.com, retrieved 2026-10-25 |
| Margin rates | Pro $0-$100k: 5.38% Pro $100k-$1M: 4.88% Pro $1M-$50M: 4.63% Pro $50M+: 4.38% Lite (all balances): 6.38% Source: www.interactivebrokers.com, retrieved 2026-10-25 | $0-$24,999: 11.0% $25,000-$49,999: 10.5% $50,000-$99,999: 10.0% $100,000-$249,999: 9.5% $250,000-$499,999: 9.0% $500,000-$999,999: 8.5% $1M+: 8.0% Source: tastytrade.com, retrieved 2026-10-25 |
Per-contract figures exclude regulatory pass-through fees. Estimate your yearly cost with the calculator. See full pages for Interactive Brokers and tastytrade.