Tastytrade Canada alternatives

Compare six alternatives to tastytrade for investing in stocks, ETFs, options and more.

Tastytrade is a popular brokerage that offers options, futures, crypto, stock and ETF trading. It provides a broad range of investment options and competitive pricing, so you may well be wondering, can I use tastytrade in Canada? Keep reading to find out.

Is tastytrade available in Canada?

No. Unfortunately, tastytrade is not available in Canada. While the broker had previously made moves to expand into Canada, it has since resigned from its Canadian Investment Regulatory Organization (CIRO) membership.

So if you’re searching for an online trading platform that serves Canadians, compare these six tastytrade Canada alternatives.

Tastytrade trading platform alternatives in Canada

Interactive Brokers

Interactive Brokers

8.8 Great

Like tastytrade, Interactive Brokers provides access to an extensive range of investments. You can trade stocks, ETFs, options, bonds, futures and more on the platform, and competitive commissions help keep trading costs down. Interactive Brokers also offers separate trading platforms to suit beginners as well as experienced traders, plus a full suite of research and analysis tools to help inform your trading decisions.

CIBC Investor’s Edge

CIBC Investor's Edge

7.6 Great

Get 100 free online stock and ETF trades when you open a new account & get up to $15,000 in cashback when you transfer funds from outside CIBC to your new or existing account. Valid until March 31, 2026. T&Cs apply.
CIBC Investor's Edge is another popular option for online trading. Like tastytrade, it supports options as well as stocks and ETFs, and while commissions apply, there are fee discounts on offer if you're an active or young trader. Investor's Edge also provides access to a wide range of resources to help you choose investments, including exclusive research, stock screeners, market news and charting tools.

Questrade

Questrade

9.1 Excellent

Get free contracts, no commissions and a 30 day free trial of Questrade Plus. Use offer code FREEOPTIONS. T&Cs apply.
If you like the fact that tastytrade offers commission-free stock and ETF trading and supports fractional shares, you'll love that Questrade provides the same benefits. This Canadian broker provides real-time streaming data so you can trade based on up-to-date market info, and you can trade stocks, ETFs, options, bonds, forex and more. And with a choice of fully customizable trading apps available, there's a lot to like about what Questrade offers to Canadian investors.

Moomoo

Moomoo Financial Canada

7.4 Great

Get up to $4,600 in trading perks. T&Cs apply.
Moomoo is a discount online brokerage for trading US and Canadian stocks and ETFs as well as US options. It's a relatively new arrival to Canada but it impresses with competitive commissions, a user-friendly platform and a paper trading account. And with educational resources for new investors and features like analyst ratings and advanced charting tools for experienced traders, Moomoo is well worth a look if you're searching for tastytrade Canada alternatives.

Qtrade Direct Investing

Qtrade Direct Investing

8.1 Great

Get 5% cash back on every dollar you invest up to $15,000 and 1% cash back on any amount above that. Plus, new clients receive unlimited free trades. Use code QTRADE2025. Valid until January 5, 2026. T&Cs apply.
Qtrade is another Canadian brokerage worth checking out as a tastytrade alternative. Like tastytrade, this award-winning platform lets you trade a huge range of different assets, from stocks and ETFs to options and bonds. Qtrade also offers a library of educational resources for beginners, plus customized charting and technical analysis along with portfolio analysis tools to suit experienced traders. That's why it's a solid option for a wide range of Canadian investors.

RBC Direct Investing

RBC Direct Investing

7.9 Great

RBC Direct Investing provides plenty of choice for investors, allowing you to trade stocks, ETFs, options, mutual funds and a whole lot more. It supports a full range of account types too, like TFSAs and RRSPs, and you get real-time streaming quotes to help inform your trading decisions. A wide range of technical analysis, advanced charting and portfolio tracking tools are also included to help you stay on top of your investing game.

What is the latest tastytrade Canada update?

The latest news on tastytrade in Canada is that in June 2025, the broker resigned from its Canadian Investment Regulatory Organization (CIRO) membership. tastytrade had reportedly struggled to find a Canadian clearing firm to handle its complex trading products.

“Unfortunately, due to a combination of factors, we are unable to deliver a Canadian platform that meets both our standards and your expectations at this time,” tastytrade said in an email to customers. “However, this is not to say we are closed to exploring potential opportunities to expand into Canada in the future.”

How does the tastytrade trading platform work?

Tastytrade offers the following features to customers in eligible countries.

Tradeable assets

Designed for active traders, tastytrade’s main focus is options. However, you can also use the platform to trade stocks, ETFs, futures, forex and cryptocurrency.

Many Canadian brokerages provide access to options trading, including Interactive Brokers, Questrade and CIBC Investor’s Edge. Most platforms also allow you to access a wide selection of other investments, including bonds, mutual funds and stocks.

Competitive commissions

Tastytrade offers commission-free stock, ETF and cryptocurrency trading to US customers. Options and futures are priced at $1 per contract (as of the time of writing).

If you’re looking for commission-free stock and ETF trading in Canada, Questrade is well worth checking out. It also offers options from 99 cents per contract.

Fractional shares

Tastytrade supports fractional share trading and has no minimum balance requirement. This makes it possible for users to start trading even if they only have a small amount to invest.

Several brokers offer fractional share trading in Canada, including Interactive Brokers and Questrade.

Trading platforms

Tastytrade offers a choice of web, mobile and desktop trading platforms. Its mobile app is also highly rated by users across Google Play and the App Store.

Several brokers in Canada offer a choice of trading platforms, including different options to suit beginners as well as advanced traders. Providers worth checking out include Interactive Brokers and Questrade.

Account types

When you open an account with tastytrade, you can choose from an individual, joint, retirement, business/trust or international account. Cash and margin trading accounts are both available.

Many Canadian brokers also offer a full selection of account types. As an example, RBC Direct Investing offers cash and margin accounts, business and trust accounts, plus RRSPs, RESPs, TFSAs, FHSAs and RRIFs.

Can you open a tastytrade platform in another country?

Yes, you can open a tastytrade account in another country. While this broker is not available in Canada, it does offer accounts in over 50 countries around the world.

Which countries does tastytrade operate in?

Tastytrade offers its brokerage services in the USA and Australia, and it is regulated in both countries. The platform also offers international accounts to residents of the following countries:

Africa

  • Egypt

Asia

  • Bahrain
  • India (cash accounts only)
  • Indonesia
  • Israel
  • Kuwait
  • Malaysia
  • Oman
  • Philippines
  • Saudi Arabia
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • United Arab Emirates

Europe

  • Andorra
  • Austria
  • Belgium
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Iceland
  • Ireland
  • Isle of Man
  • Italy
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Romania
  • San Marino
  • Slovakia
  • Slovenia
  • Spain
  • Sweden
  • Switzerland
  • UK

North America

  • Dominican Republic
  • Mexico
  • United States

South America

  • Argentina
  • Brazil
  • Chile
  • Colombia
  • Ecuador
  • Peru
  • Uruguay

Oceania

  • Australia
  • New Zealand
  • French Polynesia

Can you use tastytrade in Canada?

No, you cannot use tastytrade in Canada as it does not support Canadian accounts.

But if you’re a resident of another country who is traveling to Canada, you may be able to access your tastytrade account while in Canada. However, be warned that access to the platform may be blocked.

What is the best tastytrade alternative in Canada?

The best trading platform for you depends on factors such as what you want to trade, how often you trade, and your level of investing experience. You’ll need to compare brokers based on your personal situation — and even look for the best brokerage signup bonuses — to find the perfect trading platform for you.

That said, we think some of the best tastytrade alternatives in Canada are Moomoo and Interactive Brokers. Moomoo offers a user-friendly platform and app that make it quick and easy to trade US and Canadian stocks and ETFs. And if you want access to an extensive range of assets on markets all around the world, plus separate platforms for new investors and advanced traders, Interactive Brokers is a top pick.

Does tastytrade offer crypto trading?

Yes, tastytrade supports crypto trading. The platform offers access to more than 20 USD crypto pairs, including major digital currencies like Bitcoin, Ethereum, XRP and Cardano. Crypto trading services are offered by a third-party partner, Zero Hash.

But as tastytrade is not available in Canada, anyone who wants to trade crypto will instead need to find a Canadian exchange. Compare platforms to find an exchange with low commissions, a user-friendly trading interface and support for all the cryptocurrencies you want to trade. Find out more about choosing an exchange in our guide to the best crypto exchanges.

Is tastytrade legit?

Yes, tastytrade is a legit trading platform. It was launched in 2017 and is headquartered in Chicago in the USA.

In the US, the broker is regulated by the Securities Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), while it’s also a member of the National Futures Association (NFA) and the Securities Investor Protection Corporation (SIPC).

tastytrade also offers trading services in Australia, where it holds an Australian Financial Services Licence.

Bottom line

You can’t use tastytrade in Canada, but there are plenty of other legit platforms that offer stock and ETF trading to Canadians. Compare a range of brokers to find a platform with low fees, a user-friendly interface and access to all the assets and global markets you want to trade.

Frequently asked questions about tastytrade

Sources

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Tim Falk is a freelance writer for Finder. Over the course of his 15-year writing career, he has reported on a wide range of personal finance topics. Whether you're investing in stocks and ETFs, comparing savings accounts or choosing a credit card, Tim wants to make it easier for you to understand. When he’s not staring at his computer, you can usually find him exploring the great outdoors. See full bio

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Tim has written 501 Finder guides across topics including:
  • Banking
  • Personal Loans
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  • Stock Trading
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