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TD Ameritrade vs Scottrade
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TD Ameritrade | Scottrade | |
|---|---|---|
Get 60 Days of Commission-Free Trading - | Open an Account - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | ||
| Minimum Deposit | $2,500 for brokerage accounts No account minimum for retirement accounts | |
| Mutual Fund Trading | $0 for no-transaction-fee mutual funds $49.99 for no-load mutual funds $0 for load mutual funds | No Fee to Buy/Sell/Exchange No-Load, No-Transaction Fee Funds $17 to Buy/Sell/Exchange No-Load Funds $0 to Buy Load Funds and $17 to Sell/Exchange Load Funds |
| Commission Free ETFs | ||
| Penny Stocks |  | $6.95 per trade + 0.5% principal for any stock trading under $1 |
| Broker Assisted Trades | ||
| Customer Service | (800) 619-7283 (Monday to Friday 6am to 1am Eastern; Saturday and Sunday 9am to 7pm Eastern) | |
| Inactivity Fee | ||
| Maintenance Fee | ||
| Banking | Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing. | Scottrade Bank has no monthly maintenance fees, ATM reimbursement program, online bill pay, and mobile banking. |
| Mobile App | | |
| Desktop App | ScottradeELITE (requires you execute 9 or more stock or option trades during the past 3 months, have $25,000 in your primary account, or have $15,000 in your primary account and combined linked assets of $25,000 or more) | |
| Forex Trading | | |
| Futures Trading | $2.25 per contract (plus exchange & regulatory fees) | |
| Locations | More than 100 locations in 34 states | |
| Seminars | In-person branch seminars, online events and live webinars | |
| Virtual Trading | Paper Trading to practice/test strategies and ideas. | ScottradeELITE offers virtual trading |
CreditDonkey® Reviews | ||
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| Stock Trading |   | |
| Options Trading | | |
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| Commissions and Fees | | |
| Ease of Use | | |
| Research | | |
| Trading Platform | | |
| Pros & Cons | Pros:
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| Bottom Line | | Solid choice for cost-conscious traders who are familiar with online investing... |
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| What Others View | ||
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. TD Ameritrade: Pricing information from published website as of 03/13/2017 Scottrade: TD Ameritrade has acquired Scottrade. Scottrade accounts will convert to TD Ameritrade on 2/26/2018. Pricing information from published website as of 03/27/2017 | ||
Explore TD Ameritrade In-Depth
TD Ameritrade Customer Service
TD Ameritrade offers 24/7 customer service - both online and on the phone. But the best way to actually contact TD Ameritrade may surprise you. Read on.
Ameritrade
Ameritrade fees are higher than competitors, but is it worth it? We say yes and here's why. We analyze and compare it for you in our in-depth review.
Explore Scottrade In-Depth
Scottrade Review
With low trade fees, excellent resources, and superior customer service, Scottrade is a highly trusted online broker. Read on for our in-depth review.
Which Do You Think is Best?
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