Scottrade Review, Online Trading Discount Broker

Scottrade offers a full line of investment products, online trading platforms and market research tools to help investors take control of their financial future. Scottrade has more than 300 branch offices where you can seek personal help. The minimum opening balance is just $500, and market orders are only $7. This online broker consistently receives high ratings from its customers.

Stock Investing

Scottrade is famous for it’s $7 trade commission and fast execution time. Online market and limit equity orders are just $7 for stocks over $1, regardless of trade frequency, account balance or number of shares.

Mutual Fund Investing

Scottrade offers you access to more than 10,000 mutual funds from well-known fund families, including load and no-load mutual funds. You can also trade over 1,000 no-transaction fee mutual funds at no fee. Other funds cost $17.00 per trade.

With Scottrade you can trade every day, or once a year, and you will never be charged any hidden fees.

User Rating

(5.00 out of 5, 3 votes)

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