Note: The following information has not been updated by the vendor since 03/05/15.
Address: | 12800 Corporate Hill Drive |
St. Louis, MO 63131 | |
Phone # for sales: | 1 800 619 SAVE |
Website: | www.scottrade.com |
Click link to request additional product information. | |
E-mail address: | support@scottrade.com |
General Information | Account Information | Features | Additional Comments
General Information TOP |
Brokerage name: Scottrade Financial Services, Inc. |
Minimum account size: < $1000 |
Base commission rates: $7-$8 |
Brief explanation of margin rates, if applicable: $0.01 - $9,999.99 7.50% $10,000.00 - $24,999.99 7.45% $25,000.00 - $49,999.99 7.25% $50,000.00 - $99,999.99 6.50% $100,000.00 - $249,999.99 6.25% $250,000.00 - $499,999.99 5.75% $500,000.00 - $999,999.99 5.65% $1,000,000.00 and above 5.00% |
This brokerage has been in business for: 25-40 years |
Primary type of broker: Stocks, Options, Bonds |
Brief description of services offered: Online trading ($7 online Market and Limit orders) and a branch network of over 225 branches. No-fee IRAs. More than 9,000 no-transaction fee mutual funds. Award-winning customer service. Ranked "Highest in Investor Satisfaction among Online Trading Services" five times in a row by J.D. Power and Associates. |
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Types of trading accounts offered:
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Customers online account information is updated: Up to the minute |
Types of trades offerered:
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Other trade types: N/A |
Types of quotes offered to customers:
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Execution methods offered:
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Exchanges covered:
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Setup or initial costs to set up an account: 0 |
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Types of services offered to customers:
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Ways customers can access their trading account:
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Allow stop, limit, and stop limit orders? Yes |
Charge extra for stop, limit, and stop limit orders: No |
Offer 24 hour customer support: No |
Offer tax planning advice: No |
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Special features included in the service are: FREE real-time streaming quotes, charts and news for every customer. Free real-time streaming news from Dow Jones News. Scottrader--trade instantly from your streaming quote. Fast executions. |
This broker's service is better than the competition in these areas: Personal brokers. Talk to the same person, not a call center. Ranked "Highest in Investor Satisfaction among Online Trading Services" five times in a row by J.D. Power and Associates. |
Types of security precautions taken for customers: Account protection is highly regarded at Scottrade. As a member of the Securities Investor Protection Corporation, Scottrade's accounts each carry $500,000 in account protection with a maximum of $100,000 in cash-in addition-Scottrade has purchased $24.5 Million in coverage for each customer account with an additional $900,000 in cash. The Web site is also secure, featuring 128-bit encryption for the highest level of online security. |
Communications during systems failures has been assured through: Branch network of more than 225 branch offices. |
The major plans for upgrading the current level of trading service are as follows: Direct access trading coming soon. |
General Information | Account Information | Features | Additional Comments
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