Trading Made Simple

Transparent Trading Fees

Making Every Dollar Count

At Scottrade, we offer a valuable array of products and services to help you meet your financial goals, many of which are provided at no cost. Our trading fees and commissions are intentionally straightforward and clear, and we don’t charge our clients fees for account maintenance or inactivity.

Stocks1 & ETFs2

Order Method Price
Online $6.95
Broker-Assisted3 $32
Touchtone (IVR) Phone System $32

1For stocks priced under $1, add ½% of the principal value to the commissions shown. Commissions are charged on a per-order basis. Limit orders executed over multiple days and orders modified after partial execution on the same day are handled as separate orders for commission calculation purposes. A majority of orders must be executed online to qualify for online commission rates. Some foreign and pink sheet stocks must be traded with Investment Consultant (IC) assistance. Every market has its own fees and/or taxes assessed by local governments and exchanges. These fees may be automatically included in the quote.

2Investors should carefully consider the investment objectives, charges, expenses and unique risk profile of an exchange-traded fund (ETF) carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A prospectus contains this and other information about the ETF and should be obtained from the issuer. The prospectus should be read carefully before investing.

3For clients who do not wish to trade online, Scottrade has branch offices staffed with Investment Consultants to assist you over the phone or in person. Our non-online commissions for stock and ETF orders are just two cents per share in addition to the broker-assisted and touchtone rates. Broker-assisted commissions apply for all other transactions (including stocks priced under $1). Mailed confirmations and statements are free of charge.

Detailed information on our fees can be found in the Explanation of Fees (PDF).


Order Method Price
Online $6.95 + $0.70/contract
Broker-Assisted $32 + $0.70/contract
Touchtone (IVR) Phone System $32 + $0.70/contract
Option Exercises and Assignments $17

4Options involve risk and are not suitable for all investors. Detailed information on our policies and the risks associated with options can be found in the Scottrade Options Application and Agreement,Brokerage Account Agreement, and by downloading the Characteristics and Risks of Standardized Options and Supplements from The Options Clearing Corporation, or by requesting a copy from a Scottrade branch office. Supporting documentation for any claims will be supplied upon request. Keep in mind profit will be reduced or loss worsened, as applicable, by the deduction of commissions and fees.

Detailed information on our fees can be found in the Explanation of Fees (PDF).

Mutual Funds5

Fund Type Buy Sell & Exchange  
No-Load, No-Transaction Fee (NTF) No Fee No Fee  
No-Load6 $17 $17  
Load No Fee $17  
Broker-Assisted Buy Sell & Exchange  
No-Load, No-Transaction Fee $25 $25  
No-Load6 $42 $42  
Load No Fee $42  

5In addition to the commissions above, all no-load shares purchased from Scottrade and held 90 days or less will be charged a short-term redemption fee. Exceptions to this short-term redemption fee are the Rydex, Guggenheim, ProFunds and Direxion families of funds, which are intended for short-term traders. Detailed information on our fees can be found in the Explanation of Fees (PDF).

Mutual fund purchase orders must be the greater of $100 or the fund's minimum initial investment. Prior to placing the trade, you must have sufficient settled funds in the account to meet both the applicable minimum and cover transaction fees and other fees prior to placing the trade.

Investors should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. Mutual funds are subject to market fluctuation including the potential for loss of principal. A prospectus contains this and other information about the fund and may be ordered through or through a Scottrade® branch office. The prospectus should be read carefully before investing.

Mutual funds are subject to the terms and conditions of the NTF program. Scottrade is compensated by the funds participating in this program through record keeping, shareholder or SEC Rule 12b-1 fees.

No Fee refers to Scottrade® transaction fees. See the fund’s prospectus for other fees and expenses that apply to a continued investment in the fund.
With regard to no-load funds that are not in the NTF program, Systematic Purchase/Redemptions will be charged $2 per occurrence.

6Not in NTF Program.

Fixed Income

Product Fee Minimum Increments
CDs, New Corp Offers, OTC Secondary Corp, Treasury Investments Scottrade acts as principal* $5,000 $1,000
OTC Secondary Municipals Scottrade acts as principal* $5,000 $5,000
Listed Corporate Bonds $35 + $3 per bond $1,000 $1,000
Unit Investment Trusts $50 liquidation Check prospectus N/A

*When Scottrade acts as principal, bonds are subject to a markup or markdown.

Detailed information on our fees can be found in the Explanation of Fees (PDF).

Additional Fees

Fee Description Price Fee Description Price
Mail Confirmation to an Online Account $1 Trade Ideas™8 $15/ month
Mail Statement to an Online Account $2 Outgoing International Wires $40
Duplicate Historical Confirmation $2 Outgoing Account Transfer9 $75
Duplicate Historical Statement $3 Pre-Reorg Stock Certificate Deposit $90
Worthless Security Removal $7 Administrative Research $20 minimum
Mandatory Reorganization $20 Legal Items $75 minimum
Sell-Out and Buy-In Notices $25 ADR Issuer Fee $0.005-$0.05/ share
Voluntary Reorganization $25 Cashless Stock Options Processing Fee $50 (+commission and margin interest)
Overnight Delivery $25 Regulatory Transaction Fee10 $0.00231 (per $100 of stocks and options sold)
Returned or Stopped Payments $25 Trading Activity Fee11

Equities* $0.000119 per share sold

Options $0.002 per contract sold

*with a maximum charge of $5.95 per trade of 50,000 shares or more

Outgoing Domestic Wires $25

Professional (Real-Time Streaming)

Quote Fee12

$121 at activation

$121 per month following activation

NASDAQ Level II Quotes7 $10/ month

Canadian Investment Fee13

$0.0005 - $0.0075 per share
7NASDAQ Level II Quotes are provided through a third-party vendor. Third-party websites, research, and tools are from sources deemed reliable. Scottrade does not guarantee accuracy or completeness of the information and makes no assurances with respect to results to be obtained from their use.
8Scottrade and Trade Ideas™ are separate companies and the information provided by Trade Ideas™ should not be attributed to Scottrade. Please research any product or service carefully before making a purchase.

9A $2,500 minimum equity balance must remain in the account; otherwise the $75 full transfer fee will apply.

10A Regulatory Transaction Fee that is assessed by Scottrade for certain regulatory costs on stock and option sell trades. Calculations of this fee are truncated to the penny (i.e. $0.01 increments). If your confirmation indicates that an average price was received, the fee amount shown is determined by first calculating the fee, then summing all those fees together and truncating to the penny

11A regulatory transaction fee that is assessed by Scottrade for certain FINRA regulatory costs on stock and option sell trades. All calculations of this fee are truncated to the penny (i.e. $0.01 increments). If your confirmation indicates that an average price was received, the fee amount shown is determined by first calculating the fee, then summing all those fees together and truncating to the penny. In certain cases this fee is capped at a maximum rate.

12Monthly fee following initial activation. Designated Professional Subscribers requesting real-time streaming quote data will be assessed a recurring monthly charge in the stated amount per user, per professional account. Monthly subscription Streaming Market Data Services (Professional Quote) fees will be automatically deducted from your Scottrade® account on the first business day of each month following activation, and each designated user, per professional account will pay for usage/services for that month. 

Activation fees associated with this data also apply, will be charged to you in full during the month you begin receiving the data, without proration, and will equal the amount of the monthly fee. You remain responsible for satisfying any obligations owed to Scottrade for Streaming Market Data Services, and any other fees associated with your account.

13In addition to your Scottrade commission, brokerage fees of $.0005 - $.0075 per share may either be included in the currency conversion to U.S. dollars by the executing broker-dealer, or may execute on a net basis; which means that the executing broker-dealer would purchase the security for its own account in the foreign country in the foreign currency and then sell the security to execute your order at a higher price that includes the cost of currency conversion, fees, taxes, etc. In either case, the total fees will be included in the execution price displayed on the trade confirmation.

Detailed information on our fees can be found in the Explanation of Fees (PDF).

Free Services


  • Branch Appointments
  • Online Educational Resources
  • Portfolio Review Services
  • Retirement & Financial Calculators
  • Real-Time Streaming Quotes & Charts (for non-professionals)

Processing fees assessed by third parties may be passed through to your account. Some products and services may require additional fees or transaction minimums not specifically listed here. Prior to placing the trade, it is the client's responsibility to ask the broker if any additional fees will apply. Scottrade receives compensation for certain equity and option orders as described at

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