Tastytrade vs Webull 2026: Best Options Trading Platform?
Two of the best options trading platforms compared. Tastytrade is purpose-built for options with free-to-close pricing. Webull offers zero commissions including contract fees. Both are excellent — here's how to choose.
Tastytrade is the top choice for anyone serious about options trading. The free-to-close model alone saves active traders hundreds per month. If you're trading more than 10 options contracts per week, this is your platform.
Open Tastytrade Account →Webull delivers the best free options trading platform available. Zero commissions including on contracts, advanced charting, and extended hours access make it an exceptional value. The platform for cost-conscious active traders.
Get Free Stocks on Webull →Side-by-Side Comparison
| Tastytrade | Webull | |
|---|---|---|
| Rating | 4.8★ | 4.5★ |
| Commissions | $1/contract | Free |
| Min. Deposit | $0 | $0 |
| Options Trading | ✅ Yes | ✅ Yes |
| Free to Close Options | ✅ Yes | ❌ No |
| Paper Trading | − | ✅ Yes |
| Regulated | FINRA / SIPC | FINRA / SIPC |
Tastytrade — Full Review
Tastytrade was founded by Tom Sosnoff and Tony Battista — the same team that built thinkorswim before selling it to TD Ameritrade. The platform shows its DNA: options analytics are first-class, with probability cones, expected moves, and real-time Greeks displayed prominently. The free-to-close model is transformative for active traders — on a 10-contract position, you save $6.50 every time you close, which adds up to thousands per year. The Follow Feed is a unique social feature that lets you see the live trades of experienced traders in the community. The education library is genuinely deep, covering everything from first options trade to advanced multi-leg strategies.
Webull — Full Review
Webull emerged as a serious competitor by offering everything Robinhood does but with actual trading tools. The charting platform supports 50+ technical indicators, drawing tools, and multi-chart layouts that rival TradingView. Options trading is fully commission-free — not just on stocks but including the per-contract fee that Tastytrade and others charge. The paper trading mode is a standout feature, letting new traders practice with real market data without risking capital. Extended hours trading from 4am to 8pm ET gives active traders more flexibility than most platforms. The desktop app is powerful and the mobile app is among the most feature-complete in the industry.
The Verdict
Choose Tastytrade if options trading is your primary focus and you want the best analytics, community, and free-to-close pricing for active strategies.
Open Tastytrade Account →Choose Webull if you want zero commissions on everything including options contracts, with strong charting tools and extended hours access.
Get Free Stocks on Webull →