Stock Broker Reviews


Scottrade


Scottrade - best brokerage firm for mutual funds in 2010.




Scottrade Commissions

  • Mutual Funds: over 2,800 no-load, no-transaction fee funds (NTF program) - free. No-load funds (not in NTF program) - $17. Load funds are free to buy and $17 to sell.
  • $7 stock trade commission (for stocks over $1) for all order types, unlimited shares.
  • Options commission: $7 plus $1.25 per contract for market and limit orders.
  • Investment products: stocks, options, mutual funds, CDs, munis, Canadian stocks, ETFs.

Scottrade offers over 2,800 NTF, no transaction fee (which means FREE to buy and sell) mutual funds, which lets you invest in mutual funds for free.


Scottrade Advantages


  • No inactivity, account maintenance or hidden fees
  • No-fee IRAs
  • Highest customer satisfaction according to JD Power and Associates
  • 450+ local branches
  • Great support for beginner investors with massive amount of educational resources
  • Margin rates are among lowest of national online brokers
  • Online community
  • No ACAT fee
  • Only $500 minimum to open account


Scottrade Review


Scottrade brokerage is excellent for beginner investors, those who invest in mutual funds, and long-term, "buy and hold" investors (no account inactivity fees). There are 2,800+ free mutual funds available at Scottrade. Since Scottrade is a well-established, seasoned stock brokerage firm with a very good reputation, it's a natural choice for people nervous about trusting their money to the newer companies. The firm also offers something few other brokers have - over 400 branches you could visit in person.

Scottrade is consistently rated at the top in customer service and investor satisfaction. You could open account with just $500.


Give Scottrade a Try
Scottrade



EverBank FreeNet 728 x 90 banner
Share |

Stock broker promotions:
Copyright ©2009-2010 Brokerage-Review.com. All rights reserved.
The stock brokerage firm you select is solely responsible for its services to you, the user. Brokerage-Review.com shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of a brokerage house's services. Brokerage-Review.com has partner relationships with other companies. As a partner, we often provide reviews of products and services based on our personal opinions. We are not compensated for positive reviews. While we strive to make sure that the information we present here is true and accurate upon publication, the rates and offers that we share with you may change without notice, so please visit the sites we reference for more up to date information.