Reasons to Choose Scottrade as Your Brokerage Firm

In order to help you select a brokerage firm, we’ve compiled some relevant information to explain why Scottrade is the best online broker for opening an investment account.

Online Trading – Easy and Affordable

Trade Online for Just $7

Online market and limit equity orders are only $7 for stocks over $1, regardless of trade frequency, account balance or number of shares. View Commissions Schedule >

Quality Executions

We offer high-quality trade executions, at or within the National Best Bid or Offer (NBBO), consistently getting you the best price for your trade executions. 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’ll never be charged any hidden fees.

Low Margin Rates

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

Just $500 to Open an Account

A $500 deposit ($2,000 for a margin account) and a complete application are all you need to start trading online!

Outstanding Support for Every Trader

Exceptional Customer Service

In 2007, we earned the J.D. Power and Associates award for “Highest in Investor Satisfaction With Online Investing Services.” Get Details >

368 Local Branch Offices

We offer the largest national branch network among online brokerages. You will receive personal service and excellent support from the associates at your local branch. Find Your Local Branch >

Experience

We have been a leader in the brokerage industry for over 25 years.

$25,000,000 Account Protection

We are a member of the Securities Investor Protection Corporation (SIPC) and we provide additional account protection through Aon. Get Details >

Free User Summits

We offer free monthly workshops designed to help teach you how to use our various platforms and tools more effectively.

Chinese Language Services

We offer the Scottrade Chinese Web site and a growing staff of Chinese-speaking personnel to serve our customers. Visit Chinese.Scottrade.com >

Leading Trading Tools & Research

Three Customized Trading Platforms

We offer a customized trading platform for all levels of traders, from beginners to active traders. Learn About Each Platform >

Wireless Trading

Use your Palm-compatible device, WAP-enabled cell phone or Pocket PC to place orders, get real-time quotes and check balances and positions.

Screening Tools

Easily screen stocks, mutual funds and ETFs based on your criteria and find investments that fit your needs. Try our Stock, Mutual Fund or ETF Screener >

Real-Time Account Updates

Your balances and portfolio values are updated in real-time to help you track your stock trading performance.

Free Cost-Basis Account Tracking

Keep track of your gains and losses online at no additional charge.

Quality Stock Research

Research the market, get fast stock quotes or use our free stock screener tool to find stocks that meet your criteria. Start Your Research Now >

Complimentary Dow Jones® News

Get the same stock market news that 300,000 financial professionals use each day to stay ahead of the market.

A Full Line of Investment Products

No-Fee IRAs

Invest in your future with a Traditional IRA or Roth IRA. No annual fees, no setup fees and no termination fees! Start Planning Your Retirement >

No Transaction-Fee Mutual Funds

Our Mutual Fund Center connects you to more than 1,000 no-transaction fee mutual funds and more than 10,000 load and no-load funds. Research Mutual Funds >

Fixed Income Investments

We offer CDs from banks nationwide, as well as corporate, treasury and municipal bonds.

ETFs and ESAs

We offer all Exchange-Traded Funds (ETF) and we provide an ETF screener to easily find one that matches your criteria. Our Coverdell Education Savings Account (ESA) is an investment product to help save for educational expenses. Learn More >

Options Trading

You can place market and limit option orders for $7 plus $1.25 per contract. Learn About Options >

Stock Investments

Trade Listed, NASDAQ, Pink Sheet and Bulletin Board stocks as soon as you open and fund your account.

Ways to Trade

News and Research

Helpful Information

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Brokerage Products and Services offered by Scottrade, Inc. – Member FINRA and SIPC.

No information on this web site should be considered a recommendation or solicitation to invest in a particular security or type of security.

Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund carefully before investing. A mutual fund's prospectus contains this and other information about the mutual fund. Prospectuses are available through our trading site or through a Scottrade branch office. The prospectus should be read carefully before investing.

Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Scottrade's margin agreement is available on our web site and at our branch offices; and contains the Margin Disclosure Statement and information on our lending policies, interest charges, and the risks associated with margin accounts. Options are not appropriate for all investors. Detailed information on our policies and the risks associated with options can be found in Scottrade's Options Application and Agreement, Brokerage Account Agreement, and Characteristics and Risks of Standardized Options (available from your local branch office or here). All option accounts require prior approval by Scottrade.

Market volatility, volume, and system availability may impact account access and trade execution.

Testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.