Knowledge Center

Trading in Scottrader

Quick Trades

There are Quick Trade buttons placed throughout Scottrader so that you have easy access to trading windows when you spot an opportunity. In any window where the Quick Trade button is present, including the Quote Grid window, the Quick Trade button will be located in the bottom left corner of that window.

To Place a Quick Trade:

1. Click the Quick Trade button.

2. Using the Account drop-down box, choose the account in which you want the order to be submitted.

3. Chose a market side.

4. Input the symbol and quantity information in the entry fields provided.

5. Choose an order type.

6. Select the duration for your order from the Time In Force drop-down box. Choose Day, Good Until Canceled (GTC) or Good Until Date (GTD).

7. Choose a Trading Session.

8. If applicable, check the All or None (AON) box.

9. To submit the quick trade, click Place Order.

The Quick Trade functionality does not apply to option orders. To place an option order, click the Trade button and choose the Option tab.

To configure the Quick Trade order entry fields with pre-set information, click the Settings link in the Quote Grid window and choose the Trade Configure tab. Once you have implemented the Trade Configure functionality, selected order entry fields will auto-fill with your chosen default settings.

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Online market and limit stock trades are just $7 for stocks priced $1 and above.

Any specific securities, or types of securities, used as examples are for demonstration purposes only. No information on this Web site should be considered a recommendation or None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.

Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund carefully before investing. A mutual fund's prospectus contains this and other information about the mutual fund. Prospectuses are available through our trading site or through a Scottrade branch office. The prospectus should be read carefully before investing. No transaction fee (NTF) funds are subject to the terms and conditions of the NTF funds program. Scottrade is compensated by the funds participating in the NTF program through recordkeeping, shareholder, or SEC 12b-1 fees.

Investors should consider the investment objectives, charges, expense, and unique risk profile of an Exchange Traded Fund (ETF) carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A prospectus contains this and other information about the ETF and should be obtained from the issuer. The prospectus should be read carefully before investing.

Margin trading involves interest charges and risks, including the potential to lose more than deposited, or the need to deposit additional collateral in a falling market. Margin Disclosure Statement (PDF) is available for download, or it is available at one of our branch offices. It contains information on our lending policies, interest charges, and the risks associated with margin accounts.

Options involve risk and are not suitable for all investors. Detailed information on our policies and the risks associated with options can be found in the Scottrade Options Application and Agreement, Brokerage Account Agreement, and by downloading the Characteristics and Risks of Standardized Options and Supplements (PDF) from The Options Clearing Corporation, or by requesting a copy from your local branch office. Supporting documentation for any claims will be supplied upon request.

Market volatility, volume, and system availability may impact account access and trade execution.

Testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.