Rating: 
Scottrade
Website: www.scottrade.com
Fees: $7 / online stock trade. Options +$1.25 / contract. $17 / trade by phone, $27 Broker assisted.
Account Minimums: $500*
Transfer Fees: Up to £100 reimbursement on transfer costs.
Virtual Trading: Yes
Trading Platorm: Website, Mobile & Elite platforms
Tools / Resources: Investment education, know how news and interactive learning
Customer Service: J.D. Power and Associates has ranked Scottrade the ‘Highest in Investor Satisfaction with Self-Directed Services‘.
*$2000 for margin accounts.
Click Here To Visit Scottrade
Background: Scottrade are one of the best known names in online stockbroking, pioneering low cost commissions together with both core and advanced investment services.
Of course Scottrade is not only online but has over 300 branches dotted around the globe and also has a Chinese trading platform
Scottrade is a member of the Securities Investor Protection Corporation (SIPC), which provides protection for accounts up to $500,000 (including $100,000 for claims of cash) per client as defined by SIPC rules.
Pricing: Scottrade offer tiered pricing depending on your trading preference. Just $7 per stock trade if you trade yourself online. Pick up the phone and that rises to $17 and if you require broker assistance, make that $27. No-fee IRAs.
Types of Account: Scottrade offer the following accounts: Individual, Joint, Guardianship, Conservatorship,Trust, Partnership, Investment Club, Sole Proprietorship, Corporate Accounts, Broker Assisted, Traditional and Roth IRAs.
Click Here To Visit Scottrade
Trading Platform:As with other online brokers, Scottrade offer multiple platforms to suit all investors so you can take your pick from:-
* Scottrade Trading Website – trade directly from the website. No software to install. This will cover the majority of investors’ needs.
* Scottrade Mobile – Trade on the go.
* Scottrate Elite – The full downloadable trading application with streaming quotes, customizable and savable sessions as well real time news.
Scottrade has an excellent trading ‘community’ in the form of a forum with groups, blogs and videos.
Tools / Resources: Scottrade has some of the best tools on the market. From investment basics to advanced technical analysis tools.
A monthly know-how newsletter and the ability to tailor the training resources to your exact needs via the interactive learning tools.
Complete ‘help and how to’ section guides you step-by-step through using their trading platforms, complete with screen shots, etc.
Virtual Trading: Scottrade offer a virtual trading account for their Elite downloadable trading platform.
Account Transfer: Scottrade offer $100 to cover the cost of transferring your account.
Click Here To Visit Scottrade
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Scottrade User Reviews
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Please rate Scottrade from your own experience via the comment form below:- Scottrade Review,
8 comments
Julia Douglas
May 15, 2012 at 7:32 pm (UTC 4)
Decent enough broker. I like the software and support is good if ever you get into any difficulties. Having a local branch is handy but I have’nt been in for ages. Maybe i should my own picks have bombed lately ):
Jon Wright
March 28, 2012 at 12:51 pm (UTC 4)
Good service with plenty of tools and good support. I occasionally use broker support which can be expensive but overall I think worth the extra.
beanbag
March 12, 2012 at 3:50 pm (UTC 4)
Great broker though I found it a little tricky at first, I’m just using the website so maybe I should get the full trading application at some point, good support and decent fees
Jason A
February 13, 2012 at 3:31 pm (UTC 4)
Slick trading platform, very easy to use I don’t see much reason to look elsewhere
Miller
January 5, 2012 at 4:38 pm (UTC 4)
With Scottrade you get loads of free reports, top notch customer service, great trading tools, speedy money transfers and convenience.Plus over 500 branch offices across the country so if you want to pop in and talk with a real person you can.
Ade Melstaff
December 11, 2011 at 6:19 pm (UTC 4)
I switched from Ameritrade 6 months back and evrything has gone smoothly for me. There may be cheaper discount brokers out there but the research and all the help they give for beginners more than compensates. Good support too.
Larry Power
November 8, 2011 at 4:23 pm (UTC 4)
I’ve tried numerous brokers in the past and switched to Scottrade 4 months ago. Very impressed, customer service is excellent right from the start assisting transfering my portfolio. Great trading tools and experience and you can even pop into a branch if you have one loacally.
JJ
October 20, 2011 at 1:13 pm (UTC 4)
I’ve been with Scottrade for some time now and it is amongst the top brokers I have tried personally after having tried several over the years. They have a great trading platform that allows you to move quickly in a trending market. Fees are reasonable and cutomer service is first class.