The Scottrade Mobile App

Trade

To place a trade using the Scottrade Mobile app, log in to your Scottrade account and touch the Trade icon at the top of your screen. Use the menu that appears to indicate the type of trade you want to place and select Stocks/ETFs, Options, Advanced Orders or Pre-Market/After-Hours.

View Graphic

To place a stock or ETF trade:

1. Use the drop-down menu provided to select the type of buy or sell order you want to place. You can choose Buy, Sell, Sell Short, or Buy to Cover.

2. Enter the order quantity in the Shares field. Select AON (all or none) if you do not want your order to execute in a partial transaction.

3. Input the stock or ETF symbol. If you don't know the symbol, touch the Symbol Lookup button to search for it.

4. Select the type of order you want to place. Open the Order Type drop-down menu to choose Market, Limit, Stop, Stop Limit, or Trailing Stop. If you choose to place a limit, stop, or stop limit order you will be asked to enter a limit and/or stop price.

5. Set an expiration date for your order using the Duration drop-down menu provided.

6. When you have entered all your order information, select Review Order. If the information you entered is correct, choose Submit.

To place an advanced order:

1. Enter your order information in the top part of your page.

2. In the Add Condition section, use the radio buttons to select Stock/ETF, Index, or Option.

3. Enter the symbol in the field provided.

4. Use the Trigger drop-down menu to indicate the event that will prompt your order to execute as a market order. You can choose Last, Bid, Ask, Volume, $ Change from Current Price, % Change from Current Price, Daily Change ($), Daily Change (%), Reaches 52-Week High, or Reaches 52-Week Low.

5. Use the Condition drop-down menu to select the conditions that must be met for your order to enter the market.

6. Finalize the conditions of your order by entering an amount in the field provided.

7. Use the Calendar icon to set an expiration date for your order.

8. Open the Time drop-down menu to set an expiration time.

9. When you have entered all your order information, select Review Order. If the information you entered is correct, choose Submit.

To place an options trade:

1. Use the drop-down menu provided to select the type of buy or sell order you want to place. You can choose Buy to Open, Buy to Close, Sell to Open, or Sell to Close.

2. Enter the number of number of contracts in your transaction. Note that one standard options contract represents 100 shares of the underlying security.

3. Enter the underlying symbol in the entry field provided. Touch Option Chains to view available call or put contracts for an underlying symbol. To search for a symbol, touch Symbol Lookup.

4. Use the drop-down menu provided to select a call or put contract.

5. Select the type of order you want to place. Open the Order Type drop-down menu to choose Market, Limit, Stop, or Stop Limit. If you choose to place a limit, stop, or stop limit order you will be asked to enter a limit and/or stop price.

6. Set an expiration date for your order using the Duration drop-down menu provided.

7. When you have entered all your order information, select Review Order. If the information you entered is correct, choose Submit.

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The information and content provided in the Scottrade® Knowledge Center is for informational and/or educational purposes only. The information presented or discussed is not, and should not be considered, a recommendation or an offer of, or solicitation of an offer by, Scottrade or its affiliates to buy, sell or hold any security or other financial product or an endorsement or affirmation of any specific investment strategy. You are fully responsible for your investment decisions. Your choice to engage in a particular investment or investment strategy should be based solely on your own research and evaluation of the risks involved, your financial circumstances and your investment objectives. Scottrade, Inc. and its affiliates are not offering or providing, and will not offer or provide, any advice, opinion or recommendation of the suitability, value or profitability of any particular investment or investment strategy.