Scottrade

Pros
  • Low transaction fees
  • More than 500 branch offices
  • Good educational resources
Cons
  • Minimum account of $25,000 for access to pro Trading platform

Overview

Scottrade has more branch offices than any other online broker, giving a personal touch, and face to face contact that you can't get from other online brokers. ScotTrade has in the past had the weakest single professional trading platform of the three, but some people may prefer their modular approach to trading tools. They have chosen to offer different trading tools tailored towards what people like to do. A real time streaming quote tool, The OptionsFirst, and Scottrade Elite tools are geared at being specialized tools rather than just trying to make a single platform that does everything.

Steve White

Online Stock Broker Researcher

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