TastyWorks does not provide new traders with a Sign Up Bonus also known as a Welcome bonus. When traders make their first deposit or routine deposits, they are not given a deposit bonus which provides them a percentage back as trading credit.
TastyWorks At a Glance
Broker's Name | tastyworks |
🏛️ Headquarters | Chicago, United States |
📅 Year Founded | 2017 |
⚖️ Regulating Authorities | FINRA, NFA |
🌐 Countries not accepted for trade | Canada |
📌 Accounts | The Works account Individual account Joint account Retirement account Corporate account Trust account International account |
☪️ Islamic account (swap-free) | No |
📒 Demo Account | No |
✴️ Institutional Accounts | Yes |
👨🏼💼 Managed Accounts | Yes |
⬆️ Maximum Leverage | None |
👉 Sign Up Bonus | No |
💰 Minimum Deposit | None |
💳Fees | No Deposit or withdrawal fees |
💳 Deposit Options | ACH Cheque Inter-broker transfers Bank Wire Transfers |
💳 Withdrawal Options | ACH Cheque Inter-broker transfers Bank Wire Transfers |
📊 Platform Types | tastyworks web-based, desktop and mobile trading platform |
📶 OS Compatibility | Windows, web browsers, iOS, and Android |
📈 Tradable assets offered | Stock options Stocks Futures Micro Futures Small Futures |
💬 Languages supported on Website | English |
💬 Customer Support Languages | English |
⏲️ Customer Service Hours | 24/5 |
🔎 Open an Account | 👉 Click Here |
Choose your quick section of our TastyWorks below.
TastyWorks Sign Up Bonus – 8 key point quick overview:
TastyWorks At a Glance
TastyWorks Overview
TastyWorks Referral Bonus
- TastyWorks Additional bonuses, promotions, and rewards
- TastyWorks Customer Reviews
- TastyWorks Pros and Cons
- TastyWorks Conclusion
- Frequently Asked Questions
TastyWorks Overview
Tastyworks does not offer a sign-up bonus.
No sign-up bonus, a deposit bonus, or a welcome bonus is offered to traders who register a real account with TastyWorks.
Through these bonus offers brokers often attempt to draw new customers to partake in trading activities. When offering a welcome bonus or anything of this kind, the traders will receive some money back. This will depend on the initial deposit made by the trader.
Even though TastyWorks does not offer bonuses, rewards, or any other promotions, traders should not be discouraged by this. The broker still offers attractive trading conditions.
TastyWorks Referral Bonus
Another way to attract traders to register with a specific broker is the offering of referral bonuses. However, TastyWorks does not currently offer referral bonuses to new or existing traders who make use of the products and services offered by the broker.
This kind of bonus is usually offered by brokers to traders to draw in new clients and expand their customer base.
A referral bonus comes with strict criteria that will have to be fulfilled before the trader can benefit from referring a friend or family member.
Some of the criteria might include the following:
- The referral must register a real account with the broker using a referral link so that the registration can be traced back to the trader.
- The referral bonus is only applicable should referrals register a real account as these bonuses are not available when using a demo account.
- A minimum deposit amount must be made determined by the broker by the referral and several trades need to be executed on the new account.
There might also be a limited time in which referral bonuses may be utilized by traders. This could be due to the broker seeing a decrease in activity in a given month and attempting to counter it by providing such bonuses.
TastyWorks Additional bonuses, promotions, and rewards
Many brokers also offer additional bonuses, and promotions or have a rewards program offered to their loyal customers.
TastyWorks does not at present cater for any trading bonuses or promotions and there are no current initiatives to reward loyal customers.
Trading bonuses usually serve the purpose of boosting traders to increase their trading activity in addition to trading higher volumes to gain access to bonuses that offer some cashback.
TastyWorks Customer Reviews
Tastyworks is by far the best trading platform
Tastyworks is by far the best trading platform for anyone, novice or pro. I’ve been with them since their inception. Also, and of great importance, these days, is their support team. It is the most knowledgeable in the business. My question and concerns are answered quickly.
Incredible customer support, transparency
I have needed help on a few different things – PDT maintenance call, the platform, funding a second account, etc. Tastyworks’ customer service is incredible. They also went out of their way to explain why certain securities were set to close trades only.
I’d like to point out that I had a…
I’d like to point out that I had a question concerning interest that I thought was unfairly charged to my Tastyworks IRA. My email to their help desk received IMMEDIATE attention from Stephen who provided a clear and detailed explanation of what happened. He also provided even more detail to a follow-up question.
I know, from experience, that my other, much larger, the online broker would have taken at least 24 hours to research and respond.
Thank you.
TastyWorks Pros and Cons
✔️ Pros | ❌ Cons |
Offers competitive fees | Clients from Canada not accepted |
Offers margin and cash trading | No demo account |
Offers various account types | No Islamic Account |
Regulated through FINRA and NFA | No MetaTrader 4 |
Offers competitive and attractive trading conditions | No negative balance protection offered |
Provides a 45-minute interactive demonstration | Not suitable for beginner traders |
Does not indicate any overnight fees | No welcome bonus, deposit bonus, or sign-up bonus offered |
Spreads are not charged | No referral bonus offered |
The proprietary trading platform offered across multiple devices | No trading bonus for loyal customers |
Demo account not provided | |
Commission charged are high | |
Does not support online payment processors | |
Multiple trading and non-trading fees | |
No forex, CFD or cryptocurrency trading |
TastyWorks Conclusion
Overall, TastyWorks does not provide new traders with a Sign Up Bonus also known as a Welcome bonus. When traders make their first deposit or routine deposits, they are not given a deposit bonus which provides them a percentage back as trading credit.
Bonuses are one of the ways to ensure that a broker attracts new traders in signing up and registering a real account.
TastyWorks does, however, not offer any of these bonuses to either new or loyal customers. Despite this, the broker is a regulated and reputable broker which offers its services and solutions to traders despite their trading needs, objectives, experience, or trading styles.
Traders still have access to a wide range of markets, competitive trading conditions, and powerful trading platforms.
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Frequently Asked Questions
Will I receive a bonus if I refer a friend or family to TastyWorks?
Yes, you will receive a referral link from TastyWorks that you can send to family and friends and for each qualified referral you will receive a referral credit that can be redeemed for items in the TastyWorks Referral Program or in some instances for cash.
Where can I access my TastyWorks referral link?
Access your Referral code by signing into your TastyWorks account. Scroll down past the “Account Status” area and click on “Generate Your Referral Link” button. This is the link that you can send to friends and family to sign up with the broker.
Are referral credits taxable?
If the cash reward and/or prize item exceeds the value of $600 TastyWorks will issue a Form 1099-MISC.
Why did I not receive a bonus/credit for referring a friend to TastyWorks?
You will only receive your bonus/credit if all the broker’s Referral criteria has been met. TastyWorks requires that any referral be made to them via an official Referral link that can be generated on their website. Anyone who has been referred must open a securities brokerage account with them by using a valid email address. This account must be funded with $2000 within 60 days of opening the account.
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