What are the fees for trading on Scottrade?
Asked 6 months ago
Scottrade offers competitive fees for trading to ensure transparency and value for its customers. The basic online equity trades cost a flat fee of $7 per trade, with no hidden charges. This rate applies whether the trade is executed online or with the assistance of a broker. Additional services like broker-assisted trades incur an extra $32 fee. Options trades involve a $7 charge, plus $1.25 per contract. Mutual funds have no transaction fee, but a $17 fee applies for transaction-fee mutual funds. Bond trades come with a $35 fee, and there may be other fees imposed by the bond issuer. Scottrade aims to provide fair and straightforward fees for hassle-free trading experiences.
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