Scottrade

Ugh… I agree with the reviewer who was talking about the Chinese lady who was rude and hung up on her. I’m right in the middle of trying to get a check reissued and I’ve been shifted around from person to person. I finally got her, and she has no clue as to what she’s doing. Let’s see how long this procedure will take… it’s been about 20 minutes now…

i was trying to open an account in scottrade, a Chinese agent called me and she is super rude! she hanged my phoe while I haven’t finished my speaking, I called back and she is pretty rude and saying:“oh, I thought you finished…”, and without any apology, she transferred me to the call center… I was so confused and upset! I will write a complain letter anyway!

the biggest bunch of scam artist idiot s u ll ever meet in this offie
u caat trust a word they say !!!
do not deposit any money into scottrade they will rip u off
this office is filled with incompetent idiots
when u deposit money with scottrade
u have to drop it off at the office or have it wired
but when u want to get ur money back
thye wont let u come pick up a check and they take forever
to give it back
and i have been waiting for a check for over a week they keep saying is mailed to me
that was suppose be mailed in two business day s
dont deal with scottrade no matter what
i m about to file a polcie report for theft if i dont get that check soon
do not deal with these people no matter what
the 99 cents store of stock trading !
scottrade especailly the santa monica branch !
the cops will be at ur door today asshole
and u can explain why i dont have my money to them !
the worst decision u could ever make doing business with this branch !

typical average scotts trade. Small office, but very fast and reliable service.
UNTIL THEN! ^-^

I’ve used Scottrade since about 2005 for my wife’s IRA. I recently started moving my own IRA’s to Scottrade and opened a (non-​IRA) account as well.
Generally I like Scottrade’s lack of IRA fees. Although their trade commissions, at $ 7 for online trades, aren’t the lowest in the business, they are relatively low (and see below to start with 3 free trades). Combine this with no annual IRA fee and no fee to transfer or close your IRA and you have a good deal.
If you plan on buying and selling frequently, you might do better with a discount broker with lower sales commissions, but if you want to buy stocks to hold for the medium to long term, Scottrade is a great option.
Compared to other largely online brokers, Scottrade also offers the convenience of many local offices, which let you call or visit in person to deal with a real person if you have any questions or need to drop off paperwork (although most things you can do via internet or phone/​fax/​mail).
The Santa Monica office is not far from where I work, so I came in person to deliver paperwork regarding transferring assets, so I could make sure I filled it all out correctly, and found the staff very helpful.
One issue to be aware of about using the Scottrade website is that it hangs sometimes with the Firefox browser, especially with older versions. It works much better with IE (or Opera according to others). You should plan on using one of these browsers if you are going to use Scottrade.
About the promotion I mentioned to get 3 free trades for new customers. When you apply online and are asked how you heard about Scottrade, click the from a friend, etc. option and then enter this referral code: RBQV9043. You’ll get 3 trades (worth $ 21) for opening your account.

The one thing i used to hate about scottrade is that I had problems downloading a decent yearly statement. However, now that I do my own taxes with turbo tax it is a lot easier for me. I did have one problem with a change of address recently. Scottrade is probably the best if your do a lot of trades. If you just want to put you money in a mutual fund they do offer that but they are not going to offer you much guidance.
Note: They claim seven dollars for all trades but that does not include penny stocks. They charge more if you have to call the office to place a trade which you will often have to do for penny stocks.