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re: Brokerage account requirement shenanigans?

Posted on 1/8/23 at 8:59 am to
Posted by Jag_Warrior
Virginia
Member since May 2015
4172 posts
Posted on 1/8/23 at 8:59 am to
That’s one of the most generous promotions that I’ve ever seen for that deposit amount. Tastyworks and TastyTrade are Tom Sosnoff’s firms (Think or Swim founder - later sold it to TD Ameritrade). I’ve followed Tom’s options trading methodology for years and I’ve met many members of his team at trading conferences, but I’ve never traded with Tasty or their other firm, Dough. So I can’t speak to their commission structure or other requirements. But they’re definitely legit.

One thing I do remember is that when other firms either didn’t offer portfolio margin or they only made certain clients aware of it, TOS just had a minimum account size and had you take short test to make sure you understood the ramifications. Now that’s pretty much an industry standard.

All that to say, if you want that big bonus, follow the instructions and don’t worry about it. If you know anything about Sosnoff, you know that he doesn’t play games.
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