Scottrade Reviews
Average Rating (51 ratings total)

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reasonably priced, reliable service

  5 out of 5 found this helpful
by BenGraham (1)
Overall, I've been very satisfied with the service I've received from Scottrade. Almost all trades are $7, including limit orders. Their interface is straightforward, and I get my 1095's on time. When I've dealt with Scottrade employees over the phone, they have been professional and courteous.

A few years back, Scottrade had a security problem with their third-party online funds transfer. They have now gone to a different third-party system. This new system doesn't recognize my routing numbers, so I deposit checks by mail (adding 40 cents to the $7 brokerage fee!). Checks are usually deposited to my account a day or so after they are received.

Scottrade's tools for tracking the performance of your individual assets and portfolio are fairly basic (you can't get a chart of more than the past 6 months), so I recommend also using Yahoo finance or a similar tool to track your portfolio.

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