Platform Comparison

Invstr vs Tastytrade

Compare Invstr and Tastytrade on fees, DRIP, fractional shares and research for dividend investing.

Invstr

★3.8

Practice investing with $1M in virtual money, learn through gamified courses, then graduate to real trading—the complete beginner-to-investor journey.

Full Review

Higher Rated

Tastytrade

★4.4

The options-focused platform with low contract fees, excellent education, and DRIP support—ideal for dividend investors using covered call strategies.

Full Review

Invstr vs Tastytrade: Fees, Minimums & DRIP Compared

Feature	Invstr	Tastytrade
Our Rating	3.8/5	4.4/5
Trading Commissions	N/A	$0
Account Minimum	N/A	N/A
Fractional Shares	N/A	Yes ($5 min)
DRIP	N/A	Free
Research Tools	Basic	Basic
Best For	Absolute Beginners	Covered Call Writers

Invstr vs Tastytrade: Pros and Cons

Invstr

Pros

+ Free investing course with 85 lessons and certificate
+ Fantasy Finance: Practice with $1M virtual money
+ Compete in fantasy leagues and win real prizes
+ Commission-free real stock and crypto trading
+ Fractional shares starting at $5

Cons

- Real trading has minimum fees ($2.99 full shares, $0.99 fractional)
- $5 registration fee for real trading through DriveWealth
- Very limited research tools for experienced investors
- No mutual funds, bonds, forex, or OTC trading

Tastytrade

Pros

+ Commission-free stock and ETF trading
+ Low options pricing: $1 to open, $0 to close (capped at $10/leg)
+ Fractional shares available for purchases and DRIP
+ Free dividend reinvestment program
+ Exceptional options education and content

Cons

- Very low 0.01% interest on uninvested cash
- No mutual funds, bonds, or forex trading
- Higher-than-average margin rates
- Steep learning curve for beginners

Which Is Better for Dividend Investors: Invstr or Tastytrade?

Choose Invstr if you...

Are in Invstr's core audience: absolute beginners

Choose Tastytrade if you...

Are in Tastytrade's core audience: covered call writers
Prefer a higher-rated overall platform

Want the full breakdown of fees, DRIP, and research tools? Read our Invstr review and Tastytrade review.

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Investment Disclaimer

Investing involves risk, including possible loss of principal. Past performance does not guarantee future results. This content is for informational purposes only and should not be considered investment advice.