Free Trades - How It Works

Next Steps

Earn free online trades just by spreading the word about Scottrade.

1. Log in to your account.

2. Click the "Refer Someone You Know" link.

3. Complete the referral form.

We’ll send an invite by email to your friend with instructions for opening a new account.

Each time you refer a friend who opens an account that is approved by Scottrade, we will credit you and your friend with three free online trades each to be applied to your next three online trades*. To check your balance, log in to your account. Go to "Free Trades Available" to see how many you’ve earned.

Earn Free Trades

You can also click the “Print referral card" link to get your referral code to personally give to your friends.


*Free online trades will be credited to a Scottrade account to be used during the next three online equity or option, market or limit, good until cancelled (GTC) or day orders placed for stocks priced above $1. All other fees still apply, including, but not limited to, commissions and/or fees charged for trades in securities priced below $1. Visit the Referral Program Rules page for full details.