What are the fees for trading on Scottrade?

Scottrade, now part of TD Ameritrade, offers competitive pricing for trading activities. For equity trades, the cost is generally set at a flat rate of six dollars and ninety-five cents per trade. This applies to online trades executed during regular market hours. Additionally, options trades are subject to the same base commission fee, plus a per-contract fee which typically amounts to seventy-five cents. For those looking to engage in mutual funds, Scottrade does provide a selection of no-transaction-fee mutual funds, while there may be transaction fees applicable to other funds. It is worth noting that Scottrade does not charge account maintenance fees or inactivity fees, which can benefit those who utilize their services sporadically. There may also be additional fees related to services such as wire transfers or if one requires paper statements. It is advisable to check the Scottrade website for the most current and detailed fee schedule, as fees can be subject to change. This ensures that traders have the most up-to-date information regarding any associated costs.