What is Scottrade?
Scottrade platform has been specially designed for all the beginners in the financial industry, for those who are eager to invest wisely and securely.
Quick Facts About Scottrade
Scottrade Minimum Deposit
$0 for IRAs; $2,500 for brokerage
$6.95 per trade
- There is $0 account minimum requirement;
- Low commissions;
- Great tool for the beginner investors;
- Mobile-friendly app;
- Great option for mutual funds.
- ETFs are not commission-free.
Let’s start the overview from the impressive fact. It is known the company is quite big, but the exact number of its offices all over the country is approximately 500. You can always select the one which suits all your needs the most. In addition, this company is marked by the excellent customer support which is provided 24/7 via phone and live chat. This is a very cool option as you receive the fantastic opportunity to contact professional financial advisor whenever there is the urgent need for this.
By the way, the services are available in two most widely spoken languages that are English and Chinese. This is not the end of the benefit lists, it should be also mentioned here that there is no required minimum balance for creating your personal retirement accounts. The diversity of the no-transaction-fee offered by the company reaches the point 2,600. Let’s move to the trading platform, it is really well-made up to the tiniest detail. It can be used in online mode and it is very beginner-friendly.
The company is a great choice because of its low prices. And this should not alert you about anything, the quality of services is high despite this factor. Just everything is made in order to make everybody happy.
Scottrade official site – https://www.scottrade.com/