Reasons to Choose Scottrade
Dozens of Reasons. One Clear Choice.
Scottrade makes it easy to open an account or transfer a brokerage account from another broker. Thousands of investors just like you have already made the switch. Meet a few to learn why they switched brokers and chose Scottrade. Or compare the details to find the best online broker for you.
We’ll even transfer your positions over so you don’t have to rebuild your portfolio. Switch now and get up to $100 back in account transfer fees charged by your current broker*.
Online Trading – Easy and Affordable
Low Option Commissions
Trade options for just $7 plus $1.25 per contract for market and limit orders.
No Inactivity Fees or Account Maintenance Fees
Trade every day or once a year – either way, you won't be charged any hidden fees.
Outstanding Support for Every Trader
Parallel Account Protection
Cash deposits in most accounts get up to $500,000 in FDIC insurance. We're also a member of the SIPC and provide $25 million in extra protection through our insurers. Get details
Leading Trading Tools & Research
Real-Time Account Updates
Your balances and portfolio values are updated in real-time to help you track your trading performance.
A Full Line of Investment Products
*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.