Lower Trading Fees - Offering Simplicity & Ease
Transaction Prices
Our low trading fees and commissions are intentionally straightforward and clear, and our customers pay no fees for account maintenance or inactivity. In fact, many of our trading services and investment resources are provided at no cost to our customers, including our advanced research and online trading tools, educational opportunities and more.
Stocks - Market and Limit Orders
| Order Method | Price |
| Internet | $7 |
| Touchtone (IVR) Phone System | $17 |
| Broker Assisted | $27 |
For stocks priced under $1, add ½% of the principal value to the commissions shown. Some foreign and pink sheet stocks must be traded with broker assistance. Commissions are charged on a per order basis. Limit orders executed over multiple days and orders modified after a partial execution on the same day will be treated as separate orders for commission calculation purposes. A majority of orders must be executed online to qualify for the online commission rates. Scottrade receives compensation for certain equity and option orders as described more completely in our Order Routing and Execution page. Generally, this compensation will take the form of payment for order flow, profit sharing arrangements, liquidity rebates or possible trading profits if Scottrade executes the order as a principal. For non-online accounts, the commission for market and limit orders is the broker assisted rate plus .02 per share for stocks that are $1 and above. Click here for a complete list of Trading Fees and Commissions.
Options (Equity, Index or ETF) - Market and Limit Orders
| Order Method | Price |
| Internet | $7 + $1.25 per contract |
| Touchtone (IVR) Phone System | $17 + $1.25 per contract |
| Broker Assisted | $27 + $1.25 per contract |
| Option Exercises and Assignments | $17 |
Options may not be suitable for all investors. Please click here for Characteristics and Risks of Standardized Options.
ETFs (Exchange-Traded Funds)
| Order Method | Price |
| Internet | $7 |
| Touchtone (IVR) Phone System | $17 |
| Broker Assisted | $27 |
Mutual Funds
| Fund Type | Buy | Sell | Exchange |
| No-Load, No-Transaction Fee (NTF) Funds* | No Fee | No Fee | No Fee |
| No-Load Funds (not in NTF program) | $17 | $17 | $17 |
| Load Funds | No Fee | $17** | $17 |
Broker-assisted no-load mutual fund orders are an additional $20. In addition to the commissions above, NTF and No-Load Fund shares not in the NTF program that are purchased from Scottrade and are held fewer than 90 days will be charged a $17 short-term redemption fee. Exceptions to Scottrade's short-term redemption fee are: Rydex, ProFunds and Direxionfunds families of funds, which are intended for short-term traders. With regard to No-Loads that are not in the NTF program, Systematic Purchase/Redemptions will be charged $2 per occurrence. Mutual fund purchase orders at Scottrade must be the greater of $100 or the fund's minimum initial investment. You must have sufficient settled funds in the account to meet both the applicable minimum and cover transaction fees and other fees prior to placing the trade.
* 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 record keeping, shareholder or SEC Rule 12b-1 fees.
** Not applicable if the fund charges a contingent deferred sales charge.
International Investing
| Order Method | Price |
| Internet | $7 |
| Touchtone (IVR) Phone System | $17 |
| Broker Assisted | $27 |
For stocks priced under $1, add 1/2 % of the principal value to the commissions shown . Every market has its own set of additional fees and/or taxes assessed by local governments and exchanges. These fees are usually automatically included in a quote. Some foreign stocks must be traded with broker assistance. Additional agency fees may apply for broker assisted orders. It is the client's responsibility to ask the broker if any additional fees will be applied prior to placing the trade. Also, please note that trading foreign stocks and some special services may also require additional fees or transaction minimums not specifically listed here.
Fixed Income Fees and Minimum Investment Amounts
| Product | Fee | Minimum Investment | Increments |
| Certificates of Deposit (CDs) | Scottrade Acts as Principal* | $5,000 | $1,000 |
| OTC Secondary Corporates | Scottrade Acts As Principal* | $5,000 | $1,000 |
| OTC Secondary Municipals | Scottrade Acts as Principal* | $5,000 | $5,000 |
| U.S. Treasury Bills, Notes, Bonds and STRIPS | Scottrade Acts as Principal* | $5,000 | $1,000 |
| New Corporate Offerings | Scottrade Acts as Principal* | $5,000 | $1,000 |
| Listed Corporate Bonds | $35 fee + $3 per Bond | $1,000 | $1,000 |
| Unit Investment Trusts (UIT) | $50 Liquidation Fee | Check UIT prospectus | None |
* When Scottrade acts as a principal, the bonds will be subject to a markup or markdown.
Also, please note that fixed income products and some special services may also require additional fees or transaction minimums not specifically listed here.
Foreign Stocks
| Service | Price |
| Transferring In or Out | $60 per transaction |
| Depositing | $250 per certificate |
| Issuing a Physical Certificate | $250 per certificate |
Trading foreign stocks and some special services may also require additional online stock trading fees or transaction minimums not specifically listed here.
Service Fees
| Service | Fee |
| Mailed confirmation to an Internet account | $1 |
| Mailed statement to an Internet account | $2 |
| Duplicate historical confirmation | $2 |
| Duplicate historical statement | $3 |
| Overnight delivery | $20 |
| Returned checks | $20 |
| Notices, such as Sell out or Buy in | $20 |
| Wire funds out domestic/international | $20/$40 |
| Voluntary reorganizations | $25 |
| Legal items | $25 |
| Cashless Stock Options Processing Fee | $50 (Plus applicable Commission and Margin interest) |
| Merger/Redemption deposit of old stock certificate | $90 |
| Regulatory Transaction Fee | $.00192 per $100 of sales proceeds |
| DTC certificate deposit rejection due to stop transfer/certificate replacement | $125 |
| ADR Fee passed on from issuing/managing bank | Typically $.00 to $.05 per share |
All commissions, fees and rates are subject to change without notice.
Fees assessed by third parties for processing transactions may be passed through to your account. Also, note some special services may also require additional fees or transaction minimums not specifically listed here.
No-cost, value added services include:
- Annual account maintenance
- No inactivity fees
- No account transfer or closing fees
- Dow Jones Real-Time News
- Real-time streaming quotes & charts
- Cost-basis reporting
- Incoming / outgoing direct registration system (DRS)
- Direct withdrawal at custodian (DWAC)
- Mobile Trading
- Easy account access on all cash balances
- Access to our Knowledge Center, a library of resources and research
Call Us At (800) 619-7283
