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investmentProvider.investmentProvider.displayName Scottrade

At Scottrade, it starts with clients and their needs. Scottrade share their passion for trading and investing, and listen carefully to what matters most to them. It is that client-centric approach and their creative solutions that set it apart and help clients not only do more, but achieve more.

Competitive pricing

Provide value through straightforward comissions and added serivce.

Stocks & ETFs

Order MethodPrice
Online*$7
Broker-Assisted**$32
Touchtone (IVR) Phone System$32

Options

Order MethodPrice
Online$7 + $1.25/contract
Broker-Assisted$32 + $1.25/contract
Touchtone (IVR) Phone System$32 + $1.25/contract
Option Exercises and Assignments$17

Mutual Funds

Fund TypeBuySell & Exchange 
No-Load, No-Transaction Fee (NTF)No FeeNo Fee 
No-Load*$17$17 
LoadNo Fee$17 
Broker-AssistedBuySell & Exchange 
No-Load, No-Transaction Fee$25$25 
No-Load*$42$42 
LoadNo Fee$42

Fixed Income

ProductFeeMinimumIncrements
CDs, New Corp Offers, OTC Secondary Corp, Treasury InvestmentsScottrade acts as principal*$5,000$1,000
OTC Secondary MunicipalsScottrade acts as principal*$5,000$5,000
Listed Corporate Bonds$35 + $3 per bond$1,000$1,000
Unit Investment Trusts$50 liquidationCheck prospectusN/A

 

Trade your way

Find the online trading platform that's designed to drive your strategy.

 Scottrade client website

With its powerful research, analysis and user-friendly tools, investors can make informed decisions and manage their account all in one place.

 

 

Scottrade streaming quotes

Customize your strategy with real-time streaming quotes, research and tools available in the Scottrader® Streaming Quotes platform.

 

 

 

 

Scottradelite

ScottradeELITE® features updated tools and an improved interface designed to help active traders identify opportunities in today's competitive financial environment.

 

 

Superior Service

Scottrade is committed to providing clients with the best value and service in the industry

  • Straightforward pricing gives you complete transparency into what you are paying.As your investing partner, we strive to be upfront about our pricing, with an easy-to-understand commission structure. You have total control over your transactions and insight into what you will be paying and when.

  • Whether online or in your local branch, we provide support for all of your investment goals.Your financial plan is unique, and we’re here to help on your terms. Whatever your preference?phone, email, online chat, social media or in person at your local branch?Scottrade is standing by to answer your questions.

  • Innovative technology drives your trading experience, both at your desk and on the move. From mobile apps for on-demand connection to the ScottradeELITE® desktop platform for active traders, we want to help you trade faster and smarter with our infrastructure and educational resources.

Comparison with other  brokerages

 ScottradeE*TradeTD AmeritradeCharles SchwabFidelity

Pricing - Online Trades

$7*

$6.99 - $9.99 

$9.99

$8.95

$7.95

Minimum Initial Deposit

$2,500   

$500

$0

($2,000 for Margin/Options)***

$1,000****

$2,500**

Account Maintenance Fees

$0

$0

$0

$0

$0

Pricing - Options

$7 + $1.25

per contract

$6.99 - $9.99 + $0.75

per contract

$9.99 + $0.75

per contract

$8.95 + $0.75

per contract

$7.95 + $0.75

per contract

Real-Time Streaming Quotes

Free (for non-
professionals)*****

Free (for non-professionals)*****

Free (for non-professionals)*****

Free (for non-professionals)*****

Platform conditions apply

FDIC Insurance Coverage

$250,000††

$250,000††

$250,000††

$250,000††

$250,000††

Number of Mutual Funds

15,000+

5,000+

 

13,000+

15,400+

10,000+

Number of Branch Offices Nationwide

500+

30 

100+

300+

180+

Get Started

Facts

Supported Trades
  • Options
  • Mutual Funds
  • Forex
  • Futures
Miminum Deposit
$2500
Mobile Support
Stock Per Trade
$7.00
Options Trade Base
$7.00
Options Per Contract
$1.25
Options Exercise
$17.00
Options Assignment
$17.00
Mutual Fund Trade
$17.00
Broker Assisted Trade
$32.00

Company Information

Website
https://www.scottrade.com/
Phone
(800) 619-7283

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  • Scottrade Review 2020 (TD Ameritrade Merger) - Benzinga - Wed Nov 14 08:00:00 UTC 2018
  • TD Ameritrade Completes Scottrade Account Conversion - Business Wire - Wed Feb 28 08:00:00 UTC 2018
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  • TD Ameritrade closes on acquisition of Scottrade - St. Louis Business Journal - Mon Sep 18 07:00:00 UTC 2017
  • Scottrade layoffs climb to over 1,000 - STLtoday.com - Thu Mar 22 07:00:00 UTC 2018
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  • TD Ameritrade's purchase of rival Scottrade is 'paying off beautifully,' CEO says - Omaha World-Herald - Tue Jul 24 07:00:00 UTC 2018
  • Scottrade's 'aggressive sales culture' draws regulatory action in Massachusetts - CNBC - Thu Feb 15 08:00:00 UTC 2018
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  • Hochman: A Binnington-like jolt and Brett Hull scrap – last time the Blues won this many at home - STLtoday.com - Wed Jan 15 21:40:00 UTC 2020
  • Charles Schwab to Buy TD Ameritrade as Free Trading Takes Over - The New York Times - Mon Nov 25 08:00:00 UTC 2019
  • Scottrade Bank data breach exposes 20,000 customer records - CSO Online - Wed Apr 05 07:00:00 UTC 2017
  • TD Ameritrade to Discontinue Scottrade Flexible Dividend-Reinvestment Plan - Wall Street Journal - Mon Oct 09 07:00:00 UTC 2017
  • Scottrade office in Shiloh is closing, leaving only one office in the metro-east - Belleville News-Democrat - Fri Feb 23 08:00:00 UTC 2018
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  • Scottrade Bank's breach underlines third-party vendor risk - American Banker - Mon Apr 10 07:00:00 UTC 2017
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  • Washington University gets $15M from Scottrade founder - St. Louis Business Journal - Tue Mar 26 07:00:00 UTC 2019
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  • TD Ameritrade Is Still An Attractive Investment - Seeking Alpha - Fri Jul 12 07:00:00 UTC 2019
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  • TD Ameritrade unlikely to put its name on St. Louis' Scottrade Center - Omaha World-Herald - Wed Oct 25 07:00:00 UTC 2017
  • Kiel partners, others sue city of St. Louis over Scottrade Center upgrades - St. Louis Public Radio - Tue Aug 15 07:00:00 UTC 2017
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  • TD Ameritrade In A $0 Commission World - Seeking Alpha - Tue Oct 08 07:00:00 UTC 2019
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  • Scottrade Review - Low Cost Trades with Excellent Service - The Dough Roller - Thu Apr 05 07:00:00 UTC 2018
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  • L-Acoustics Kara Sound System Fits Everything at the Scottrade Center — From NHL Games to Concerts - Commercial Integrator - Mon Mar 26 07:00:00 UTC 2018
  • Charles Schwab confirms $26B TD Ameritrade buyout for TX colossus - CTPost - Mon Nov 25 08:00:00 UTC 2019
  • Let the games begin at refurbished Scottrade - STLtoday.com - Wed Sep 20 07:00:00 UTC 2017
  • Tom Bradley To Depart TD Ameritrade As Scottrade Merger Closes - Financial Advisor Magazine - Fri Sep 08 07:00:00 UTC 2017
  • From Scottrade Center to St. Peter's Basilica, tenor Scott Kenneback combines faith, talent - St. Louis Public Radio - Fri Feb 09 08:00:00 UTC 2018
  • Fidelity, Scottrade deny clients HFT antidote - CNBC.com - Wed Apr 30 07:00:00 UTC 2014
  • Scottrade renovation cost put at $160 million - St. Louis Post-Dispatch - Fri May 27 07:00:00 UTC 2016
  • Scottrade's Riney Becomes a Billionaire as Firm Shops for Buyer - Bloomberg - Mon Oct 03 07:00:00 UTC 2016
  • From First to Worst: Ranking 8 Online Brokerages Based on Customer Loyalty - The Motley Fool - Mon Aug 21 07:00:00 UTC 2017
  • Scottrade Center lawsuit to be dropped as part of settlement, documents say - STLtoday.com - Sat Dec 09 08:00:00 UTC 2017
  • Judge: St. Louis comptroller must sign Scottrade Center finance contract with Blues - STLtoday.com - Mon Nov 27 08:00:00 UTC 2017
  • Riney's fund backs cancer drug startup Arch Oncology - STLtoday.com - Mon Mar 25 07:00:00 UTC 2019
  • Scottrade® Advisor Services Relaunches Website with Sleek, Modern Appearance - Business Wire - Tue Sep 20 07:00:00 UTC 2016
  • Alderwoman disagrees with spending on Scottrade Center renovations - fox2now.com - Fri Jun 02 07:00:00 UTC 2017
  • A man cave that's almost as good as being at Scottrade Center - KSDK - Wed Jan 24 08:00:00 UTC 2018

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