Scottrade vs Firstrade Review

Many of Scottradepro's staff aren't trained properly to be familiar with the functions of their system, yet they pretend they know when they actually don't. Concerning a transfer of securities from my mother's California Scottrade account to my Scottrade account in Louisiana, it's Friday today, 3 days after the request was made, and still no transfer made. The platform offers robust idea-generating tools like Strategy Scanner, backtesting, a professional-level options screener and customizable charting. Eastern local branches Email Live chat. Perhaps the best available from any online broker, the app includes advanced features like stock and ETF screeners, options chain filters, educational videos, real-time quotes, charts and CNBC Video on Demand. Scottrade SmartText translates technical indicators on charts and screeners into plain English and provides context for investors.

Scottrade is an investment firm that offers many types of financial services and investing options to clients, including self-directed online trading. The company was founded in /5().

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It's popularity among investors is still very strong, as attested by it's recent No. Scottrade's main competitors in the discount brokerage industry include: Scottrade has a number of ways for their customers to trade, based on the level of expertise, mobility and ease of use. One of the advantages of Scotrade Elite is it's ability to run behind corporate firewalls.

Some investors who work at full-time day jobs have reported being able to run Scottrade Elite behind their company's firewall while other programs like Tradestation and other direct-access platforms are blocked. For customers who don't have access to Scottrade Elite, 3rd party frontend charting software like Quotetracker are available to provide better technical analysis capabilities with Scottrade's free Level I datafeed and backfill for customers.

Trade Ideas enables a trader to scan through thousands of stocks that are traded in the US markets, in order to find actionable trading opportunities based on preset technical criteria. There is also a backtesting tool available, which scans historical data using your pre-configured strategy, to enable you to see if your system would have made money or not.

Eastern; Saturday and Sunday 9 a. Open a Scottrade account. Open an E-Trade account. See the Best Online Trading Platforms. See the Best Brokers for Beginners. Multiple trading platforms for web, desktop and mobile; access to some platforms requires meeting minimum account balance and trading activity requirements. Advanced features mimic a desktop trading platform. More than 2, no-transaction-fee mutual funds.

More than 4, no-transaction-fee mutual funds. First, we will make a comparison of the stock and option trading fees for trading with both brokers. Note that some brokers charge a per-share fee instead of a flat-fee commission. For a full breakdown of commissions, read our online broker reviews. For our next comparison of these two brokers, being able to trade the way you want is a must.

When it comes to mutual funds, Scottrade offers its clients access to different mutual funds while Firstrade has available funds, a difference of Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two.

Scottrade makes virtual trading available to clients, while Firstrade does not. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients.

Overall, both Firstrade and Scottrade share a rating of 4. There are no results to display, please adjust your filters or reset the Compare Tool. Complex Options Max Legs. Order Type - Market. Order Type - Algo. Watch Lists - Total Fields. Charting - Trade Off Chart. Charting - Drawing Tools. Charting - Historical Trades. Charting - Save Profiles. Charting - Study Customizations. Charting - Custom Studies. Option Chains - Total Columns.

Scottrade clients have moved to TD Ameritrade

To create Options First Scottrade review we checked reputation at lots of sites, including Siteadvisor and MyWOT. We found that hdmobilsikis.gaade is safe for children and does not look fraudulent. Jan 27,  · NerdWallet's brokerage experts review Scottrade, which stands out for beginner investors through exceptional customer service and a large branch network. Scottrade is a strong candidate for beginner investors who want more than online-only Dayana Yochim. Feb 19,  · In , Scottrade significantly reduced the price of options trades from $ + $ per contract to $ + $ per contract. This makes Scottrade less 4/5.


Thinking of opening a Scottrade account? Read this review first to make sure you are choosing the right broker for your needs! Thinking of opening a Scottrade account? Read this review first to make sure you are choosing the right broker for your needs! Options trades cost $ plus $ per contract online, broker and phone-assisted /5. This review compares Firstrade vs Scottrade. Is Firstrade or Scottrade a better online broker? First, we will make a comparison of the stock and option trading fees for trading with both brokers. Scottrade charges $ per stock trade which is $ more than Firstrade which charges customers $ per . After this Scottrade review, you'll know if this is the right online stocker broker for you. After signing up with Scottrade, there are some options available to you. This popular choice comes with a range of investment options. The services and features Scottrade offers are.

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