Scottrade clients have moved to TD Ameritrade. Use your existing Scottrade account number and password to login for the first time.
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,. 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.
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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. Scottrade’s provides educational resources under various heads such as articles and insights, investment education, calculators (investment, retirement savings, IRA comparison and college savings), platform help and client education events. Scottrade Customer Service Scottrade can be contacted at 1-800-619-7283 between 6 a.m. ET, Monday through Friday and on Saturdays and Sundays from 9 a.m.
Chat and email service is also available through its website at these same times. Clients can also contact a local Scottrade team for assistance and find a local branch easily on the website. Scottrade’s social media team also answers queries between 9 a.m. ET, Monday to Friday. Scottrade & Its Ease of Use Opening an account is fairly simple. Keying in basic details such as first name, last name and email address and then choosing a password. Clients can fund their account through electronic transfer, external brokerage account transfer, wire fund transfer, check deposit and stock certificate deposit.
The firm also offers an online banking facility, although it has stopped opening new bank accounts as of September 14, 2017. Clients who had a banking relationship with Scottrade prior to Sept. 14 can avail traditional banking services such transfers, deposits and withdrawals, ATM/debit cards, online bill pay, online banking and overdraft protection. Customers can link multiple accounts to the brokerage account, facilitating speedy transfers. Final Thoughts on Scottrade Scottrade offers a wide variety of services and products, including hand-holding for beginners. With its multiple, powerful platforms, online assistance and in-person customer service, its low cost rounds out the benefits of Scottrade’s unique selling proposition.
However, with the TD Ameritrade integration overhead, new traders may prefer to wait and watch to see how things pan out. Use Scottrade if:. You are just getting started on investing. You’re planning for your retirement and looking for the best retirement investment services. You are finicky about excellent customer servic e Don’t Use Scottrade if:. You’re a futures trader. You’re looking for commission-free ETFs.
You are an advanced investor, who does personalized research and analysis with sophisticated trading tools and techniques.
Thank you for using our software portal. Use the link given below and proceed to the developer's website in order to download ScottradeELITE free. We wish to warn you that since ScottradeELITE files are downloaded from an external source, FDM Lib bears no responsibility for the safety of such downloads. We recommend checking your downloads with an antivirus. FDM Lib takes it upon itself to provide free download links and inform users when the developing company starts providing a version of ScottradeELITE for direct download.