Scottrade Online Stock Trading
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Individual Retirement Accounts

Helping You Retire The Way You Want

Funding Your IRA Account

One Quickly transfer funds to your Scottrade account from your checking or savings account

Simply log into your Scottrade account, click the “My Account" tab and select "Deposits" from the left-hand margin.

Next click on "Use Money Direct." Select the account you would like to add, populate the required fields, and click continue.

Two Deliver a check to your local branch office

If you would like to deposit a check - you may mail or drop off a check or stock certificates to your local Scottrade branch office.

Scottrade will usually accept:

  • Personal checks written by the account holder
  • Cashiers checks
  • Money Orders
  • IRS/tax refund check
  • Personal check written by someone NOT on the account, but IS a Scottrade client

Scottrade may accept under CERTAIN CIRCUMSTANCES*:

  • Credit card check (not acceptable to open an account)
  • Third party check from a financial institution
  • Payroll check
  • DBA (Doing Business As) check
  • Foreign Check

Scottrade will NOT accept:

  • Travelers Checks
  • Checks written by the trade agent on an account
  • Bank Drafts
  • Check drawn on a partnership for deposit to an individual member of that partnership
  • Post dated checks

*Scottrade management has the discretion to refuse a check for any reason

Three Transfer an existing account

To transfer an existing account from any other firm to Scottrade, submit a completed Account Transfer form (may be obtained from the Forms Center online or at your local branch office) along with a copy of your account's most recent monthly statement. You can mail, fax, or drop these off at your local branch office.

Four Wire Transfer

To wire transfer funds from your financial institution directly into your Scottrade account, you will need to provide the following information to your financial institution:

US Bank, 721 Locust Street, St. Louis, MO 63101
ABA: 081000210
Scottrade Account number: 1001086162
Scottrade's Complete Mailing Address:P.O. Box 31759 St. Louis, MO 63131-0759
Further Credit to: {Your Scottrade Account Number and Account Title}

Please be sure your financial institution includes the words "further credit" followed by your Scottrade account number and account title.

This information is not intended to be legal or tax advice. Please consult a tax, legal, or financial professional with questions.

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Brokerage Products and Services offered by Scottrade, Inc. – Member FINRA and SIPC.

Any specific securities, or types of securities, used as examples are for demonstration purposes only. No information on this web site should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.

Investors should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. A mutual fund's prospectus contains this and other information about the mutual fund. Prospectuses are available through our trading site or through a Scottrade branch office. The prospectus should be read carefully before investing. No transaction fee (NTF) funds are subject to the terms and conditions of the NTF funds program. Scottrade is compensated by the funds participating in the NTF program through recordkeeping, shareholder, or SEC 12b-1 fees.

Investors should consider the investment objectives, risks, charges, and expenses of an Exchange-Traded Fund (ETF) carefully before investing. A prospectus contains this and other information about the ETF can be obtained from the issuer. The prospectus should be read carefully before investing.

Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. The Margin Disclosure Statement and Agreement (PDF) is available for download, or it is available at one of our branch offices. It contains information on our lending policies, interest charges, and the risks associated with margin accounts.

Options are not appropriate for all investors. Detailed information on our policies and the risks associated with options can be found in Scottrade's Options Application and Agreement, Brokerage Account Agreement, and Characteristics and Risks of Standardized Options (also available at one of our branch offices). All option accounts require prior approval by Scottrade.

Online market and limit equity orders are just $7 for stocks over $1.

Market volatility, volume, and system availability may impact account access and trade execution.

Testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.