ScottTrade Reviews

ScottTrade Review by Mark, 1/7/2009  Click Here to Visit This Broker

• Overall
• Fees
• Support
• Tools
• Security

COMMISSSION:
With a basic and easy to understand structure the stocks and options are a flat rate of $7 for online trades, $17 for telephone trades, and $27 for broker assisted trades, with the options having an additional $1.25 per contract. Also mutual funds can be traded and are free, unless they are not part of the NTF program, in this case there is a commission of $17 on each buy and sell order.

CUSTOMER SERVICE:
A basic customer service structure exists in the form of emails via the website, or by phone which is routed to your local branch during office hours, a simple service here, but a good site for carrying out executions unassisted.

TRADE TOOLS & SERVICES:
The site offers three different trading platforms, each with its own comprehensive list of trading tools attached, additional to this there is the ability to execute your trades with the assistance of a broker, as well as a news feature for updates, and a research & Knowledge centre with calculators and the ability to obtain quotes.

WEBSITE & ACCOUNT SECURITY
The site is host to a large security centre section with tips and advice for it´s clients, plus offering the client protection and reimbursement with the online security guarantee, enabling you to trade in confidence that you are in a secure zone and should the undesired occur there is a back up measure in place.

ScottTrade Review by OnlineBrokerReview, 1/7/2009  Click Here to Visit This Broker

• Overall
• Fees
• Support
• Tools
• Security Not Rated

Registration - A
Trading - C
Charts - B
Research Tools - C
Commissions and Fees (Pass/Fail) - Pass

Top notch registration process and low commissions and fees make Scottrade a winner. Trading and research tools could use some improvement.

ScottTrade Review by KiddJones, 5/10/2009  Click Here to Visit This Broker

• Overall
• Fees
• Support
• Tools
• Security

I have 2 accounts. Sharebuilder and Scottrade. I use Scottrade for short term trades and like the trading platform and use Sharebuilder for buy and hold dividend reinvestment plays. Any questions feel free to contact me.

Promo code for 3 free trades on Scottrade — AKID6088
new code as of 5.9.9

ScottTrade Review by Anthony Rojas, 7/21/2009  Click Here to Visit This Broker

• Overall
• Fees
• Support
• Tools
• Security

This company is like using the Gestapo. They restrict stocks without announcement, and you have to call them to make trades, ANNOYING and something that you do not do with Etrade and other brokers.
The cheap 7 dollar fee does not work on large shares or pk shares.
They don’t tell you that either when you sign up.
They hold your money and restrict your being able to trade on stocks under 4 dollars for 3 days after they have received your funds!!!!! Etrade is instantaneous.
Ridiculous.
The fees are more than what they advertised, and they restrict far more stocks than you realize.
If you trade in stocks under 4 dollars, Scottrade is not for you!!!!!!!