Hey guys, what are your thoughts on Scottrade? I'm about to transfer my account to them. They have a lot of branches around my area. I'd just like to know how reliable is their web site? They claim that their trading platform is faster than any others ? What is their minimum deposit requirement to set up a margin account? Thanks all.
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Hey guys, what are your thoughts on Scottrade? I'm about to transfer my account to them. They have a lot of branches around my area. I'd just like to know how reliable is their web site? They claim that their trading platform is faster than any others ? What is their minimum deposit requirement to set up a margin account? Thanks all.
I use Scottrade. Don't really have anything bad to say, except that their ach money transfer takes like 4-5 days bank to account. Also be aware that the fees for trades on stocks under $1 cost additional.
I use Scottrade. Don't really have anything bad to say, except that their ach money transfer takes like 4-5 days bank to account. Also be aware that the fees for trades on stocks under $1 cost additional.
I've used Scottrade for a few years now and I recommend them. Depeche's comment above is correct as it takes awhile to transfer money from your bank to them (usually about 3 business days for me) but I also have an E-trade account, and that takes 5 business days, so I don't think Scottrade is too bad in that respect.
I don't know much about their margin rates, but in terms of basic trades, I've never had problems placing them, and the website is very self-explanatory and easy to navigate. Outside of being a day-trader (for which I would suggest checking out Zecco and its $0 trades), I think Scottrade is the best of the discount sites.
I've used Scottrade for a few years now and I recommend them. Depeche's comment above is correct as it takes awhile to transfer money from your bank to them (usually about 3 business days for me) but I also have an E-trade account, and that takes 5 business days, so I don't think Scottrade is too bad in that respect.
I don't know much about their margin rates, but in terms of basic trades, I've never had problems placing them, and the website is very self-explanatory and easy to navigate. Outside of being a day-trader (for which I would suggest checking out Zecco and its $0 trades), I think Scottrade is the best of the discount sites.
I've had Scottrade for about 10 years and E-Trade now for 6 months. Scottrade is good...however, there have been a few times where you have trouble logging-in during the trading day. I guess their systems were down. This is quite annoying, partly the reason I opened with another broker. They cost me money shorting FSLR. Has anyone tried TradeKing?
I've had Scottrade for about 10 years and E-Trade now for 6 months. Scottrade is good...however, there have been a few times where you have trouble logging-in during the trading day. I guess their systems were down. This is quite annoying, partly the reason I opened with another broker. They cost me money shorting FSLR. Has anyone tried TradeKing?
Thanks for the feedback guys. So far so good with scottrade. I've also heard reports of the site being slow or you couldn't log in but it hasn't happened to me yet.
Thanks for the feedback guys. So far so good with scottrade. I've also heard reports of the site being slow or you couldn't log in but it hasn't happened to me yet.
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