What do you think about Scottrade for on-line trading?

Answer 1

At $7/trade, it is not bad for mainstream online brokers - there are some limitations if you want to use Scottrade as an investment base (for example, no free reinvestment of stock dividends).

If you planning to be very active in your trading and you have enough capital, consider a direct broker like Interactive Broker.

Hope this is of some interest.

Answer 2

Scottrade is a very good service, offering low-cost trades. I used to use it, but moved to another because I felt that their Web site and tools were not up to snuff compared to other services. However, that was a few years ago, and Scottrade has said to have upgraded its Web site and tools.

It has received very high remarks by JD Powers & Associates, which measures customers' satisfaction. I would give it a try for sure if I were you.

Answer 3

yes, it is a good online trading company. I have a ROTH IRA account from scottrade

Answer 4

Scottrade is no better than average when it comes to anything that matters such as price, execution, features, info, and tools.

Answer 5

Hi, i know what your question means. i also think stock market is a nice place for investing.

I found some useful tips in stock trading. It includes stock basics, how to protect your profit, find a potential increase share, control and manage stock risk, when to sell/buy stock and so on.

http://www.bernanke.cn/stock-trade/

Best Wishes && Good Luck!

Answer 6

They wouldn't let me trade index options and other option trading seemed to scare them.

Answer 7

I use it and I like to it is pretty simple and you do get a lot of information. Also, there are local offices that help you do if you don't understand something.