Scottrade Online Stock Broker Speed Review

Blain Reinkensmeyer
Posted on Tue 8th Jul, 2008 09:23:42 PM

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.

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15 Responses

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

  2. 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. Helicopter commercials were a nice touch.

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

  5. 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. Dear

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

    regard

    Charbel Trad

  7. 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. 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. 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. 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. 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. 3 free trades with code OHHB2432. Please use my code i havent received any free trades yet…. :(

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