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.

It takes just two easy steps to transfer your brokerage account:
    1)  Open a qualifying Scottrade account.
    2)  Complete and sign an Account Transfer Form.

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


Trade Online for Just $7
Online trades are $7 for stocks priced $1 and above regardless of frequency or account balance.  View Commissions


Quality Executions
High-quality trade executions, at or within the National Best Bid or Offer (NBBO), providing you the best price. Get Details


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.


Low Margin Rates
Our margin interest rates are among the lowest of national online brokers. View Rates


Free Award-Winning Support1
Our online, over-the-phone and branch support teams have the answers to your questions about opening, funding or using your new Scottrade account. Apply Online

Outstanding Support for Every Trader


We’ve been serving self-directed investors and traders for more than 30 years and we are committed to providing clients with the best value and service in the industry.


Chinese Language Services
We offer the Scottrade Chinese website and support from Chinese-speaking associates. Visit


Social Media
Interact with Scottrade wherever it’s most convenient. Learn about Scottrade products, news, education and more on a variety of social channels. Join the Conversation 



Free Investment Education
Online and in-person resources make it easy to learn
more about the market and how to better use our tools.
Start Learning


Personal Service and Support
Access support via e-mail, online chat, phone, or in person
at 500+ convenient branch offices.


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


Trading Tools to Fit Your Investment Strategy
Are you an active trader or just starting out? Get customized trading tools to fit your investing goals. Explore Trading Tools


Mobile Trading
Monitor your account, research and trade from any Internet-enabled mobile device. Learn about Scottrade Mobile


Screening Tools
Screen stocks, mutual funds and ETFs and find investments that fit your needs. Try our screeners and our interactive financial calculators.


Real-Time Account Updates
Your balances and portfolio values are updated in real-time to help you track your trading performance.


Scottrade SmartText®
Spend less time deciphering data and more time finding opportunities with your personal stock market interpreter.


Quality Stock News and Research
Research the market and get fast stock quotes. Stay up-to-the-minute with complimentary Dow Jones News. Start Your Research Now

A Full Line of Investment Products


IRAs and ESAs
Invest in your retirement with a Scottrade IRA. Or prepare for a child’s education with our Coverdell ESA.


No Transaction-Fee Mutual Funds
Connect you to 3,100+ no-transaction fee mutual funds and 14,500+ load and no-load funds. Explore Mutual Funds


Fixed Income Investments
Access CDs from banks nationwide, as well as Treasury , corporate and municipal bonds.


Exchange-Traded Funds (ETFs)
We offer all ETFs and we provide an ETF screener to help you easily find one that matches your criteria.


Options Trading
You can place market and limit option orders for $7 plus $1.25 per contract. Explore Options Trading


Stock Investments
Trade stocks, international investments, and OTC stocks as soon as you open and fund your account.

Compare Online Brokerages
  • In-Person and Online Education
  • Mobile Trading and Account Access
  • Real-Time Streaming Quotes
  • Interest on Cash Balances
Scottrade Mobile App for iPhone, Android and BlackBerry

*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.