Scottrade Reviews

Scottrade Reviews

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Overall Rating44444

Scottrade is a large online broker with over 500 physical locations across the US. The company is highly rated and offers customers three separate trading platforms: Scottrade, Scottrader, and Scottrade Elite. Active traders can participate in the Scottrade community, and use the educational material the site provides to improve their investment knowledge. ScottTrade is a premier U.S. broker and has hundreds of physical locations across the country.

Scottrade Commissions

  • Stocks & ETFs: $7.00 per trade
  • Options: $7.00 + $1.25 per contract
  • Mutual Funds: $17.00

Scottrade Features

  • 500+ Branch Offices Across the USA.
  • Ability to Trade Stocks on the Canadian Markets.
  • Access to Educational Resources and Online Trading Community
  • Multiple Trading Tools, Including Mobile Trading.
  • Full line of Fixed Income Investments Including CDs, Corporate, Treasury, and Municipal Bonds.

Scottrade Promotions:

  • Open and fund a new account by 12/31/2010 and trade commission free until March 2011.

Scottrade Minimum Deposit to open an account: $500


User Reviews

  • Kupe says:

    I used Scottrade about a year ago for a length of two years. The site posed no problems for me; orders were fulfilled well, and the commissions weren’t terrible. Relatively well-priced, although I’m not sure regarding the customer service as I have never used it. Overall a good online broker.

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