Latest reviews about Scottrade

missann1 says "Cheap and Easy" about Scottrade

missann1 — Thu, 30 Apr 2009 06:54:31 GMT

If you want a no-nonsense online broker, Scottrade is your best bet. Trades are only $7 and there are no hidden fees. This may indeed represent the best value in online brokerage.

The account summary gives a short term growth history and shows the amount availble for trade. Daily gains and losses are also readily visible on the homepage. Statements are available online.

Trades are executed promptly with confirmation sent via email. Free trades are available by referring others to the service.

One complaint I had before was the inability to electronically fund the account. However, Scottrade recently launch this capability with two methods of account confirmation.

Ticker information is quick and accurate with stock charts and relevant news for review. Proxy materials are also delivered satisfactorily.

Users have the option to form a watchlist of stock tickers that will show on the homepage. The is quite useful.

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meg2000 says "happy customer" about Scottrade

meg2000 — Fri, 10 Apr 2009 02:40:19 GMT

I've been using Scottrade for a while now and so far had no problems. And a like Money Direct that allow you to make transfers from your checking account to your Scottrade account very easy. The minimun to open an account is $500 no bad. If you decide to open an account they have a 3 free trades offer. On the Get Started page fill your info and when asked how you heard about Scottrade, select "Referred by a friend, relative, etc." Enter the following Referall code: NBNX0491 to get 3 free online trades....

frankie156 says "Service at a great price" about Scottrade

frankie156 — Thu, 26 Mar 2009 18:01:38 GMT

Scottrade is a practical, easy to navigate website where trades are only $7.00. Plus it is backed up by real people in local offices in case you need them. The website also has a good research capablity. I use Scottrade for all my trades and find that the execution is timely and accurate. Ive also been told that in 2009 they will add the sought for dividend reinvestment program which will enhance our investment abilities. I have visited the local office to open a new account and found that the service was excellent. The manager and brokers were all courteous and helpful, particularly as my account involved trust business which was fairly complicated. Since dealing with Scottrade I have referred them to a number of friends that have all had good experiences with them.....

chikof72 says "They are the worst ... They violent their own regulations!" about Scottrade

chikof72 — Sat, 14 Mar 2009 18:07:19 GMT

They are the worst ... They violent their own regulations!
I had the most trouble experience with them. Their rules are very unfair. First there was a problem with my social security number and then I sent the form to them and they called and confirmed that they received it. After a few days, they withhold some of my money because of Tax and as a result I received a margin call and at the time I was traveling and was not able to notice as quick and they sold my stock. Next problem was exactly like what you said. I lost almost $10,000 on my BAC stocks just to sell them in 1 day to give them their margin call. No 3 days notice or anything. Just had a phone call that if I don't take care of the call immediately they will sell my stocks. I am new with Stock world and they show no courtesy to educate you or anything like that and then push you to accept these unfair changes because I guess they think you are new and they can screw you up. I want to try another Broker. Do you guys have any better...

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JimmySmythe says "Bad customer service experience and hard to reach someone there" about Scottrade

JimmySmythe — Tue, 03 Mar 2009 17:46:27 GMT

Had question on whether trade went through on my Scottrade account. Email had no response after a day and phone call resulted in bouncing around before I was finally able to get the answer I wanted. I did get the answer but took took long to get it....

coachmurray says "Great customer service!!!" about Scottrade

coachmurray — Mon, 02 Mar 2009 07:09:08 GMT

The guy helped me opened an account fast, asked the right questions, explained the process of placing a stock, and picked up the phone immediatly whenever I call him.

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kitkowski says "good bang for the buck" about Scottrade

kitkowski — Wed, 18 Feb 2009 18:44:15 GMT

I have been with scottrade with both my IRA and a regular brokerage account. The Scottrade Elite program is how I make my decision on the timing of when I will buy a stock and sell a covered call. Trades are fast and I saved over $1100.00 on brokers fees the first year....

blahman1234 says "great service. 3 Free trades w/ promo Code: HESJ1527" about Scottrade

blahman1234 — Sun, 07 Dec 2008 22:06:15 GMT

I signed up with scottrade.com and got 3 free trades with this promo code: HESJ1527

I think they require a $500 minimum to get the free trades. Still a great deal.

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baypaccer says "Hard to fund your account!" about Scottrade

baypaccer — Mon, 24 Nov 2008 17:26:35 GMT

Have used Scottrade for a few years now and their service is getting worse and worse. Now, funding your account is a very slow process. When funds do appear in your account you still must wait for days before you can use them. For anyone who likes to trade stocks forget about Scottrade, find another, better user friendly broker....

trademax says "aaaaaaa" about Scottrade

trademax — Mon, 24 Nov 2008 16:13:39 GMT

Scottrade is not very user friendly. They are very slow when it comes to funding your account plus their archaic rules keeps you from using those funds for days. They are way behind the times as far as trading goes. If you are a turtle then you will love them but if you are serious about trading then find another broker. ...

OnlineBrokerReview says "Scottrade is a good choice" about Scottrade

OnlineBrokerReview — Sun, 23 Nov 2008 18:54:57 GMT

Scottrade is recommended for everyone.

A well done registration process and low commissions and fees make Scottrade a winner. The average trading engine, research tools and margin rates, however, hold Scottrade back from being in the top tier of brokers.

Registration ........................................... B
Stock Trading ........................................ C
Charts .................................................... B
Research Tools ...................................... C
Commissions and Fees (Pass/Fail) .... Pass

Read my full review of Scottrade and other major online brokers at http://onlinebrokerreview.blogspot.com/

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BottomTrader says "Do not use Scottrade for Margin, or anything!" about Scottrade

BottomTrader — Thu, 13 Nov 2008 02:13:42 GMT

Scottrade did a margin call on zero days notice. Requirements were fully met yesterday at the close and today after the close I received a notice to sell or wire money (no checks!). The branch manager confirmed that this was not a mistake. No three day notice - nothing. This was on a six digit account that had been open for several years. Do not trust these people. Their fine print is vicious and they use it without quarter....

drummermc says "scottrade is straight to the point." about Scottrade

drummermc — Wed, 29 Oct 2008 16:49:26 GMT

Scottrade is very helpful. You can easily find any stock and from ther can see its trend over the last 5 years verses the last 5 days. Scottrade also has a chart displaying your entire account balances. What is the point of writting this, i doubt anyone is actually reading this. I just need 250 words for some reason that i don't understand. If fact i don't even understand why im writting this review in the first place....

borha says "Scotrade: Worse Experiance" about Scottrade

borha — Sat, 03 May 2008 06:16:47 GMT

Terrible...I am so disappointed that I make sure everyone I know, knows that Scottrade has no respect for their clients whatsover...Lack communication...the quality of customer service is -10..not sure how this company claims one of the best...if you want to more my disappointing experiance feel free to email me...I will be glad to give you details...just stay away from Scottrade...

Katy0715 says "Low Low Fees" about Scottrade

Katy0715 — Wed, 20 Feb 2008 22:38:52 GMT

Love to invest with scottrade, love that they have local offices, the only thing i wish they had was an easier add and withdrawl funds. I want instant. I dont want to have to call there local branch to have them issue a check. but on the other had maybe that is how they keep there trade fees so low. I still love them

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