Scottrade is a great place for new investors. We offer many great research tools including S&P and Reuters analyst reports, stock screeners, and educational videos designed to help you make your own investment decisions. Additionally, while we are unable to provide opinions or comment on specific investments, you will not be alone! We offer world class customer service by phone, email, or your local branch whenever you need assistance.

We have no fees to open or maintain an account. We require an initial deposit of just $500 for all of our account types; however we do not require you to maintain a minimum balance. These will be your funds to trade with, in the account.

The commission for online market and limit stock trades is $7 per transaction for stocks priced $1 and above. This is for any number of shares.

Scottrade Referral Code - “VZDM0130" for 3 Free Trades For Opening A New Account.

Select "Referred By Friend" and enter that code. the free trades appear right after you open your account or within 2 days.

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Can you open an online account with e-trade without first depositing the 500 dollar minimum?

BQ: Start investing on your own, or hire a broker?

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