Does Scottrade have any hidden fees?

Are there any other hidden fees when using Scottrade other than the $7 online trading fee?

  • For example, are there fees when taking money out or anything like that?

  • Answer:

    It's only $7 bucks for transactions. My friends, families and I use Scottrade. Scottrade. NO account maintenance, service, or inactivity fees. $7.00 online trading commission for stock over $1.00 a share. Tutorial and webcast available to customers. Excellent trading platforms (very user friendly). Excellent customer service (398 Branch offices nationwide). $500.00 minimum to open an account. If you do end up opening it with Scottrade, use this referral code: EJVR8926 You and I can get 3 FREE trades.

Me at Yahoo! Answers Visit the source

Was this solution helpful to you?

Other answers

I have never seen any and I have been using them for about a year. Scottrade is the best.

Acctman

Both previous answers are correct. Most trades are $7 to buy or sell shares that are over $1. I've used them for over a year with no problems or extra fees. Just make sure that you read everything carefully because it is possible to incur fees. Their local office is very helpful. I'd recommend going in person to one near you and getting all the information you need to make your decision. That's what I did. I haven't taken any money out. They handle that by mailing you a check from their main office. Other options may be available. They have a lot of information available on their website, but like I said, it may be better to go in person to ask all your questions after exhausting their web site.

http://whit.me/StockTradingRobot Before you start investing, check that site out. We all heard of "Forex RoBot" which automatically executes decision intelligently to make gains... that site features a Stock Market RoBot! It intelligently executes actions to make gains and it's a Fortune generator. To make lots of money you got to spend some money. That is the official website that helped me start making thousands recently. It was featured in Forbes magazine before - it is damn good. Even big banks like Bank of America, JPMorgan, and HSBC uses it. Many people praised the Robot and wrote testimonials. Especially with the current economic crisis, imagine how much you can make once it hits the bull market!

Mom_of_4

Many people love Scottrade, but I can't use them. The $7 per transaction fee is PER DAY. I trade a large number of shares and tend to trade near market close. If half of my shares sell today and the other half sell tomorrow it will cost me $14 instead of $7.

stward101

Related Q & A:

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.