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1 Minute Review Scottrade, which has been acquired by TD Ameritrade, is in the process of being integrated into the latter’s network. For now, Scottrade stands out for its breadth of presence (500+ branches), and product and service offerings, which come at a fee that is cheaper than, or if not comparable with the other discount brokers.

On the technology front, the firm is fairly competent, with multiple platforms and tools, while its research offerings are rich, appealing to both beginners as well as advanced traders. Who Uses Scottrade? Scottrade, with its extensive network of brick-and-mortar branches and dominant online presence, is well-suited for diverse clientele. Beginners and Passive Investors Use Scottrade Among discount brokers, Scottrade is great for beginners, given its extensive branch network which facilitates one-on-one communication with actual Scottrade advisors. (This is in addition to excellent customer service provided through live chat, phone and email.) Scottrade’s multiple platforms, including a mobile platform for the on-the-go investors, technology such as streaming quotes, news and analysis and the smattering of third-party research are also big hits among investors.

Retirement Planners Also Like Scottrade For those looking toward retirement, Scottrade provides transparent pricing, with no minimum account balance requirement, a slew of investment products as well as third party research. The firm helps you to zero in on the right kind of retirement investment option by asking a series of questions. Scottrade offers rollover IRAs, traditional IRAs, Roth IRAs, SEP IRAs and SIMPLE IRAs. Scottrade Investment Products. Scottrade offers a wide variety of products, from options to retirement products. Scottrade offers several platforms and encourages advanced traders to use TD Ameritrade's thinkorswim. Scottrade offers four different platforms, including its general,,.

Free streaming quotes. This really does not set Scottrade apart as many discount brokers offer free streaming quotes. That doesn’t discount the nicety of having it though. After taking a few minutes to fill out several forms, you get access to free streaming quotes. The ScottradeElite platform is an add-on to the standard.

The firm promotes these platforms for different categories of clients such as long-term investors, active investors and traders, investors and traders and trading enthusiasts. The is available for both iOS and Android operating system. All four platforms offer investment research and market news, watch lists and stock, ETF and option trading. Additional features: • Clients website (meant for long-term investors) includes screeners, portfolio management tools and mutual fund, CD and bond trading • Scottrader Streaming Quotes (for active investors and traders) offers real time streaming quotes, streaming news and NASDAQ Level II.

Along with streaming quotes, the platform helps create charts and analyze market patterns and identify opportunities with over 30 different technical indicators and trend lines. • Mobile (for investors and traders) offers real time streaming quotes. • ScottradeELITE (for trading enthusiasts) features real time streaming quotes, screeners, streaming news and NASDAQ Level II, access to, NASDAQ TotalView. This customizable desktop application also provides access to numerous third-party tools, including research from Recognia and pre-defined screeners.

The Scottrade Pro is a platform available on desktop, web and mobile modes, is specifically designed for options trading and has been built in collaboration with Interactive Brokers. However, the firm’s website currently advises clients to for a more elite trading experience. Account types allowed by the firm include standard, retirement, educational and specialty accounts. Banking accounts provided by the firm include savings, checking, money market and certificate of deposit. Research Tools from Scottrade. Scottrade's Knowledge Center is ideal for beginning investors who'd like to learn more. Nick cave let love in rar.