Binary options broker Tastyworks: review and feedback
**Overview and reviews of the Tastyworks binary options broker**
The Tastyworks binary options broker is one of the reliable representatives in this field. Created in 2017 and being a subsidiary of the American financial organization Tastytrade, the broker offers a wide range of services with high stability.
Site review of Tastyworks
On the main page of the tastyworks.com website, you can take advantage of the New Year promotion and receive 250 USD for new users. The site menu includes sections: “Quotes”, “Platforms”, “Ideas”, “Account Types”, “Support Center”, “Authorization”.
The company’s website presents a review of advantages such as low commissions, availability of proprietary software, and the opportunity to study ideas of top traders for developing your own strategies.
Registration on the Tastyworks website
The registration process on tastyworks.com takes a minimum amount of time. To create an account, you need to provide an email, confirm it, choose a username and password. If desired, you can use a referral code.
Tastyworks trading platform
The broker offers three types of trading terminals: online, desktop version, and mobile application. The trading platform features liquidity ratings of currency pairs, tools for technical analysis, strategy customization, and fast trade closure.
Tastyworks commissions
The broker’s commissions are described on the registration page and in the “Pricing” section. For example, opening positions on stock and ETF options incurs a commission of just 1 USD at the minimum contract price.
Broker account types
After registration, the user can choose the type of account: “Cash” or “Margin”. Additionally, the website provides the option to open a corporate account and an individual retirement account for US residents.
Trading ideas from Tastyworks
The broker suggests following other traders’ trades and watching streams with detailed explanations of actions. This feature benefits both beginners and experienced traders.
Reviews of Tastyworks
Reviews of the Tastyworks broker from users emphasize the site’s stability, good selection of tools, and promptness of customer support. Some note a lack of options tools.
Pros and cons of Tastyworks
Tastyworks broker offers a convenient website, various trading platforms, low commissions, and technical analysis capabilities. Among the drawbacks are a limited number of trading instruments and non-24/7 support.
Choosing a broker for trading is an important decision that should be made carefully, considering all the provided opportunities and limitations.
Author: Ivan Andrienko