Scottrade is no longer available to new customers on SuperMoney. Click here to compare and quickly find the best options for your needs.

Last Updated: 04/18/2025

Not Currently Available

Scottrade

in Brokerages from TD Bank

Last Updated: 04/18/2025

Rating not yet determined4 total votes

3 users are unsure

1 users don't recommend

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Highlights

Online Trade Fee

Starting at $6.95

Minimum Initial Investment

$2,500

Broker Assisted Trading Fee

Starting at $32

Scottrade Review

Scottrade is no longer available to new customers on SuperMoney.

Click here to compare and quickly find the best options for your needs.

Scottrade is offered by TD Bank, a bank founded in 1855 and based in Wilmington, DE. states.

Key Takeaways

Scottrade FAQ

What assets can you invest in on Scottrade?

Scottrade gives users access to a wide selection of investment choices. These include:

Supported Options

Unsupported Options

Stocks
Options
Bonds
Mutual Funds
Futures
International Stocks
Pink Sheets / OTCBB

Cryptocurrencies
FOREX
Real Estate
Marketplace Loans
Startups
Treasury Bills

What trading fees does Scottrade charge?

The online trading fees for Scottrade are below the average ($8.90) for online brokerages. However, there are other fees to consider.

Scottrade Fees

Trading Fees

Amount

Online Trade Fee

$6.95

Broker Assisted Trading Fee

$32

Returned Deposit Fee (International)

$25

Outgoing International Bank Transfer Fee

$40

How much do you have to invest to open an account?

The minimum investment to open an account with Scottrade is $2,500.

What margin rates does Scottrade offer?

Scottrade offers a margin rate that ranges from 5.25% up to 8%.

What brokerage features does Scottrade offer?

Scottrade is not a particularly feature-rich brokerage. It only offers 3 of the 20 we track.

Scottrade Brokerage Features

Supported Options

Unsupported Options

Trading Platform

Broker Assisted Trades
No Fee IRAs
No-Commission ETFs
Retail Locations
Advisor Services
Declines Payment for Order Flow (Equities)
Declines Payment for Order Flow (Options)
Dividend Reinvestment
Automated Trading Strategy
Online Live Chat
Real Time Quotes
Automated Trading Strategy
Account Transfer Fee Reimbursement
24/7 Support

What research tools does Scottrade offer investors?

Scottrade is not only a brokerage. It's also an investment analysis platform that provides a wide selection of research tools. These include:

Scottrade Research Tools

Supported Options

Unsupported Options

ETF Top 10 Holdings
Historical Performance Analysis
Live Seminars
Mutual Funds Analysis
Account Transfer Fee Reimbursement
Webinars

Fund Prospectus Access
Global Markets Analysis
Insider Transactions
Mutual Bonds Analysis
Past Earnings Reports
Portfolio Allocation
SEC Filings
Social Sentiment Analysis
Stock Metric Comparisons

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

2035 Limestone Road

Wilmington, DE 19808

(800) 619-7283

Visit Site

Email Support

Hours of Operation

Sunday

Closed

Monday

9:00AM - 5:00PM

Tuesday

9:00AM - 5:00PM

Wednesday

9:00AM - 5:00PM

Thursday

9:00AM - 5:00PM

Friday

9:00AM - 5:00PM

Saturday

Closed

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SuperMoney Net Recommendation Score

Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.

-25

-1000+100

No one recommends

Everyone recommends

The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Scottrade Community Reviews

Would you recommend Scottrade to your friends?

Anonymous

Jul 30, 2015

May or may not recommend

Scottrade provides a wide range of investment tools, which makes investing easy and profitable for you. I really like the fact that their educational tools are superior, and that their fees are extremely reasonable. I would recommend them to anyone who wants a solid brokerage platform.

Anonymous

May 2, 2015

May or may not recommend

I've been wanting to dabble in international stock markets to see how that would work out for me, so I decided to give Scottrade a try. I'm glad I did. Not only have I been able to try international stocks, but I've taken advantage of their FRIP (Flexible Reinvestment Program), which means commission free trades that have a lot of potential.

Mani K.

Aug 15, 2014

May or may not recommend

Scottrade also has several things that make it stand apart from other similar brokers. Their account set up is quick and easy, and they allow you to use an ACH deposit to transfer money to your account instantly. This feature is unique among online brokers and allows you to avoid having to wait days or even weeks before your funds appear in your account. Their minimum balance required to open ...Show More

Benjamin A.

Mar 23, 2014

May or may not recommend

My experience with Scottrade has been quite positive. Their online interface is easy to navigate. Most importantly, all my trades have been executed smoothly (typically, I transact at-market or place limit orders). I have also had a great experience with Scottrade customer service. They proactively called me when I set up my account to make sure everything went smoothly. When I called customer support with questions, I experienced minimal time ...Show More

Showing 4 of 4 reviews