Why Choose Scottrade as Your Online Brokerage?
The Answer to Your Investment Questions
Since he founded Scottrade in 1980, our CEO Rodger Riney has been committed to offering a fair deal: straightforward pricing coupled with some of the most robust customer service in the business.
Why Choose Scottrade?
With Scottrade, most online trades are only $7* and it's easy to open a new account, with no set-up or maintenance fees and up to $100 in other broker transfer fees refunded**.
Broker Comparison Chart
Compare the details and see for yourself how Scottrade stacks up against its competition. With 500+ branch offices, up to $500,000 in FDIC individual account protection, 14,500+ mutual funds and more, the numbers add up to satisfied customers.
Fees & Commissions
Scottrade’s fees and commissions are simple, straightforward and easy to understand. Customers pay no fees for account set-up, maintenance or inactivity, and Scottrade will even refund up to $100 in transfer fees charged by your previous broker**.
And our extensive research, online trading tools and educational resources for investors all come at no additional cost.
Margin Interest Rates
If your investment strategy includes leveraging the power of margin loans, Scottrade offers competitive rates on margin interest.
Security & ID Theft Protection
Scottrade goes to extraordinary physical and electronic lengths to guard its customers' accounts and confidential personal information, constantly updating its practices to stay ahead of identity thieves.
To help provide you with greater peace of mind, we have developed the Scottrade Online Security Guarantee. If an unauthorized transaction is conducted in your account, we will reverse the transaction at no cost to you.
For more than three decades of financial stability and steady growth, Scottrade has been breaking ground as a deep discount brokerage. As a result, its customers have been empowered to invest affordably on their own. And Scottrade has earned dozens of top business awards, including recognition as one of Fortune’s “100 Best Companies to Work For” for the last four consecutive years.
Today Scottrade provides everything you need to need to make informed investment decisions and take control of your financial future.
Scottrade customers can earn free trades whenever their referrals lead friends, family or coworkers to open qualifying Scottrade accounts.
Referred friends, family or coworkers receive free trades too, upon opening their own accounts, and there's no limit to the new referrals customers can make. It pays to share what you love about Scottrade.
Terms & Conditions
*Online market and limit stock trades are just $7 for stocks priced $1 and above.
**Scottrade will reimburse the account transfer fees up to $100 charged by another broker when you transfer your account with a value of $10,000 or more to Scottrade. You must apply for the fee reimbursement offer by completing and submitting a Scottrade Account Transfer Reimbursement Request form and a statement providing proof of imposed transfer fees. Account Transfer Reimbursement Request forms and proof of transfer fees can be mailed, faxed or personally delivered to your local Scottrade branch office. Reimbursement will be made to your account via a credit within 30 days of receipt of the Account Transfer Reimbursement Request form and proof of transfer fees. The transfer reimbursement does not currently have a termination date. However, Scottrade reserves the right to terminate this offer at any time without prior notice or extend the offer at its sole discretion. Void where prohibited.