Scottrade Products & Services

Account Feature      Description

Trading Account Security We offer free McAfee Security Software, an Online Security Guarantee and a Security Checklist to help you protect your account.
Advanced Trading and Stock Screening Find stocks that match your criteria and trade them through your online trading platform.
Account Linking Manage all of your stock trading, IRA and mutual fund accounts through one Web site.
Free Checking Have $5,000 or more in equity? Write checks straight from your Scottrade account.
Real-Time Account Updates Your balances and portfolio values are updated in real–time to help you track your stock trading performance.
Free Cost-Basis Account Tracking Keep track of your gains and losses online at no additional charge.
Electronic Confirmations and Statements No hassles and no paperwork. You may elect for all online trading confirmations and statements to come right to your account.
No Inactivity Fees You'll never be charged a fee for periods of inactivity within your account.
No Transfer Fees We don't charge you for account transfers if you move your account from another stock brokerage firm to Scottrade.
Customer Cash Balances We hold customer cash balances as a free credit balance. Your funds are always available for immediate withdrawal.
Margin Account Increase your buying power by using your investments as collateral. You can use margin to purchase additional investments or you can access cash for everyday expenses. For more information on margin trading, including risks and interest charges, please see our Margin Agreement, which contains the Margin Disclosure Statement.
Investment Account Protection Scottrade is a member of the Securities Investor Protection Corporation (SIPC), which protects securities held by investors up to $500,000, including a maximum of $100,000 in cash claims*. A brochure with the details of SIPC protection is available at www.sipc.org.

Scottrade has also purchased excess coverage (excess SIPC) from our insurers of $24.5 million (inclusive of $900,000 in cash claims) to pay amounts in excess to those returned in a SIPC claim, subject to an aggregate Scottrade limit of $100,000,000. Taking into account SIPC and excess SIPC coverage, the Total Investor Protection is $25,000,000, inclusive of up to $1,000,000 in cash. This coverage does not protect against loss of the market value of securities. SIPC coverage is not the same as the insurance on bank accounts provided by the Federal Deposit Insurance Corporation (FDIC).

*In order for cash to be covered by SIPC or excess SIPC, cash held in an account must be for the purpose of, or as a result of, securities transactions. Cash held in a securities account for the purpose of earning interest, which was not the result of a securities transaction, may not be covered by SIPC or excess SIPC.
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Brokerage Products and Services offered by Scottrade, Inc. – Member FINRA and SIPC.

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. 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, 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. The Margin Disclosure Statement and Agreement (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.