Scottrade – Ranked #5 Online Broker (2013 Review | New Account | Scottrade Advisors)
Scottrade is a low cost trading broker that was founded in 1980, five years after the SEC deregulated fixed brokerage fees. MarketConsensus News recently published a comparison-ranking report on the top five US online trading platforms, with TradeKing taking the top spot, followed by TD Ameritrade. Scottrade came in at #5.
Scottrade Review:
- Scottrade is a privately owned online discount broker
- Scottrade offers no setup, annual or maintenance fees
- Trades are $7 for each stock trade conducted with Scottrade
- with Scottrade, you can trade once a day, once a month or once a year without worrying about hidden fees or unexpected charges
- For Options trading, investors pay $7 + $1.25 per contract
- Free real-time streaming quotes
- 14,500+ Mutual Funds to trade/invest in
Scottrade Promotions:
- Scottrade will reimburse account transfer fees up to $100 when you transfer your account with a value of $10,000 or more to Scottrade
- Earn 3 free online trades when you refer a friend, who opens an account
Comparison Ranking – Fidelity Compared with Other Top Online Brokers
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Best of luck in your investing,
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