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 competitors Zecco, Etrade, TradeKing, OptionsXpress, ShareBuilder, and Interactive Brokers 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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More on Scottrade:
- Scottrade Adds New Tool: NASDAQ Velocity and Forces
- Scottrade Launches New Mutual Funds Center
- Scottrade Releases SmartText Analyzer
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- 10 Great Online Stock Broker Advertisements
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Never been a huge fan, those commercials with the helicopter are cool though
Helicopter commercials were a nice touch.
Definitely, wonder if we can brand one of those for the site?
[...] 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: [...]
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.
[...] Scottrade Advertisement, “Up to $100 back when you switch.” [...]
[...] of the reasons to choose OptionsXpress over competitors Scottrade, Etrade, TD Ameritrade, Fidelity, and Sharebuilder [...]
[...] Scottrade [...]
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
[...] of the reasons for investors to choose stock broker Sharebuilder over competitors Scottrade, OptionsXpress, ShareBuilder, TD Ameritrade, Fidelity, and Etrade Financial [...]
[...] of the reasons for investors to choose stock broker E*trade Financial over competitors Scottrade, OptionsXpress, ShareBuilder, TD Ameritrade, and Fidelity [...]
[...] of the reasons for investors to choose stock broker TD Ameritrade over competitors Scottrade, OptionsXpress, ShareBuilder, Fidelity, and Etrade [...]
[...] of the reasons for investors to choose stock broker Zecco over competitors Sharebuilder, Scottrade, OptionsXpress, TD Ameritrade, Fidelity, and Etrade [...]
[...] of the reasons for investors to choose stock broker TradeKing over competitors Zecco, Sharebuilder, Scottrade, OptionsXpress, TD Ameritrade, Fidelity, and Etrade [...]