Scottrade Online Stock Broker Speed Review

Scottrade is one of the largest online stock brokers in the world, housing millions of clients and thousands of employees. They have 358 local branch offices throughout the United States which allow customers to come in and get live help and guidance from Scottrade representatives.

Some of the reasons for investors to choose stock broker Scottrade over its competitors are:

1. Online Stock Trades are just $7

2. Just $500 to Open an Account

3. No Fee IRAs

4. Exceptional Customer Service

5. Chinese Language Services

6. Account Linking to other Scottrade Accounts

7. Real-Time Account Balances and Free Streaming Quotes

8. Free Cost Basis Accounting

9. Low Margin Rates

10. Complimentary Dow Jones News

11. No Inactive Account or Account Maintenance Fees

12. $25,000,000 Account Protection

The services Scottrade offers its clients are in fact impressive. They have also won numerous awards for customer service, taking #1 spots year over year. Finally, they also have an award winning trading platform called ScottradeELITE which is built exclusively for active traders.

Other Stock Brokers Reviews:

More on Scottrade:

More on Online Stock Brokers:

Comments

  1. Posted by Brandon on July 9, 2008 at 11:24 am

    Never been a huge fan, those commercials with the helicopter are cool though

  2. Posted by kanerd on July 9, 2008 at 12:08 pm

    The problem I had with Scottrade were speed issues and the site just never seemed to run well for me. They do have great tools though and the $500 minimum is convenient for smaller investors.

  3. Posted by kanerd on July 9, 2008 at 1:01 pm

    Helicopter commercials were a nice touch.

  4. Posted by Blain Reinkensmeyer on July 9, 2008 at 1:50 pm

    Definitely, wonder if we can brand one of those for the site? :twisted:

  5. Posted by Airelon on July 23, 2008 at 7:42 am

    Only thing I really don't like about Scottrade, is the inability to take advantage of DRIP's for longer term buys. If you're going to hold onto a stock for a couple of years, and it pays dividends, it's almost like losing money by not being able to be enrolled in DRIP

  6. Posted by Charbel Trad on November 27, 2008 at 4:33 am

    Dear

    Do you have branches in europe?
    if yes how to open an account ?

    regard

    Charbel Trad

  7. Posted by Blain Reinkensmeyer on November 29, 2008 at 12:14 pm

    I know Scottrade has operations in China but you will simply need to go to the site to find the information you seek.

    I believe Etrade has operations in Europe,

    http://www.stocktradingtogo.com/2008/07/20/etrade-financial-online-stock-broker-speed-review/

  8. Posted by Jon on December 7, 2008 at 5:03 pm

    I signed up with scottrade.com and got 3 free trades with this promo code: HESJ1527

    I think they require a $500 minimum to get the free trades. Still a great deal.

  9. Posted by Jin on March 1, 2009 at 3:04 pm

    VAWM6067

    Brand New Code....just got it 2/27/2009. Get 3 free trades with a new account.

    Receive 3 FREE ONLINE TRADES for opening new account. Select "Referred By Friend" and enter that code VAWM6067. Free trades appear within 2 days after you open your account.

  10. Posted by Michael on May 14, 2009 at 1:17 pm

    Safe, easy to use, only 500 dollars account balance to begin. 3 free trades with referred code LGRP0471 Best online I've dealt with.

  11. Posted by rusty on July 30, 2009 at 9:26 pm

    MZQL1535

    Brand New Code….just got it 7/30/2009. Get 3 free trades with a new account.

    Receive 3 FREE ONLINE TRADES for opening new account. Select “Referred By Friend” and enter that code MZQL1535. Free trades appear within 2 days after you open your account. Great Site!!!

  12. Posted by Eric on November 2, 2009 at 11:03 pm

    3 free trades with code OHHB2432. Please use my code i havent received any free trades yet.... :(

  13. Posted by Larry Lasiter on April 20, 2010 at 7:07 pm

    I find scottrade one of the worse trading houses available. They will never give you a market fill. They have been known to give fills 20 cents from the market. If you can make money with these guys your a genius..

  14. Posted by Simeon on July 27, 2010 at 4:05 pm

    I hope you don't have the troubles with Scottrade that I have had. Their website has issues, everybody knows that, it's slow, it stops, it misses trades but that's not the worst of it. Their customer service is pretty bad. Rude people who are way too casual about a customer having a problem. They are way to relaxed about being of no help, they just couldn't care less. They can't do this and they can't do that and they lost the other thing.

    I've been a customer of Scottrade for a few years now. They make several thousand dollars a year off of me. But whenever I have to deal with an actual person, it's a nightmare!

  15. Posted by Blain Reinkensmeyer on July 29, 2010 at 5:19 pm

    Emailing you now Simeon. I am sorry to hear that.

Trackbacks

  1. [...] Scottrade is well known for their customer service, which is represented by the who knows how many awards they have won. They boast 290 local branch offices in the United States, and also have flat-rate commissions of $7 per trade. The main points: [...]

  2. [...] Scottrade Advertisement, “Up to $100 back when you switch.” [...]