If you are investor or trader and buy stock online as well as buy mutual fund online, you probably know about Scottrade. Scottrade is an online brokerage site that offers various products such as stocks, options and mutual funds. They offer their low cost commissions of $7.00 per trade on three different trading platforms: Scottrade, Scottrade Elite, and Scottrade OptionsFirst.
Also, Scottrade has over 480 branch offices throughout the United States and has had a consistent track record of being recognized as an industry leader by several different magazines and review groups. While not one of the cheapest online trading platform, Scottrade has been known by investor as well as trader due to its platform, research and community.
Also, Scottrade has over 480 branch offices throughout the United States and has had a consistent track record of being recognized as an industry leader by several different magazines and review groups. While not one of the cheapest online trading platform, Scottrade has been known by investor as well as trader due to its platform, research and community.
Products:
Stocks, options, mutual funds, CDs, munis, Canadian stocks
Market Orders:
$7.00 Limit Orders: $7.00
Broker Assisted: $27, Touchtone IVR Phone system: $17
Mutual Funds:
$17.00. Load funds also incur a $17.00 redemption fee. Also has NTF funds. Options: $7.00/trade+$1.25/contract
Minimum to Open:
Maximum Margin Rate:
$500 Inactivity Fee: $0.00 Some Other Fees: Paper Statement: $2.00 per statement. ACAT In/ Out: $60.00. Maximum Margin Rate:
Based on proprietary base rate
more details can be read on Hubpages: My Scottrade Brokerage Account Review
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