Scottrade reviews and trader ratings for Scottrade |
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| Date Submitted: | July 6, 2009 |
| Stock Broker: | Scottrade |
| Time with Broker: | 4+ Years |
| Trade Execution: | 1 out of 10 |
| Customer Service & Support: | 4 out of 10 |
| Accomodation: | 10 out of 10 |
| Trading & Research Tools: | 6 out of 10 |
| Recommend: | No |
| Review: | Scottrade is NOT as good as it seems; it'll costya What are people (and award-givers cited on their ads) who like Scottrade comparing it to? I'm a heavy trader who uses more than one brokerage site at the same time on screen. I can tell you COMPARATIVELY Scottrade's best software is AWFUL -- they've cost me many, many times any commission savings. I was with them for years before realizing this. ALSO when I was able to get a trade in, it always was at or near my limit price. Comparatively, I've been amazed at the prices I get at two other brokers I use. I favor one because like only a few, you can trade the entire pre & post markets. AT Scottrade I've had to just sit and watch a stock price drop like a rock after a company reports -- for 15 LONG minutes, until ST opens trading for the pre/postmarket. Right now my favorite is TD Ameritrade, though the price is the highest of the "deep discount" brokers, I think. (Interactive Brokers looks interesting, especially because of the price, but I haven't used them.) |
| Submitted by: | jerz year-old :: Reviewer :: northeast, usa |