MB Trading vs Scottrade 2013 Review
1000 Commission Free Trades - Learn MoreRead full review ›
|Current Offers||Special Offer - Get $100 in transfer fees reimbursed - Learn More|
|Broker Reviews||Read full review ›|
|Flat-Fee Trade Plan*||$4.95||$7.00|
|Per-Share Trade Plan||$0.0075||N/A|
|Mutual Fund Trade Fee*||$12.95||$17.00|
|Options Trade Base||$0.00||$7.00|
|Options Per Contract||$0.95||$1.25|
|Options Exercise Fee||$0.00||$17.00|
|Options Assignment Fee||$0.00||$17.00|
|Broker Assisted Trades||$4.95||$32.00|
2013 Review Ratings
|Commissions & Fees|
|Platform & Tools|
|Ease of Use|
|No Minimum Deposit|
|No Maintenance Fees|
|Online Trader Community|
|Credit Card Accounts|
|Debit Card Accounts|
|$25k to $49k||7.45%||7.25%|
|$50k to $99k||7.45%||6.75%|
|$100k to $249k||7.45%||6.50%|
|$250k to $499k||7.45%||6.25%|
|$500k to $999k||7.45%||5.75%|
|Current Offers||1000 Commission Free Trades - Learn More||Special Offer - Get $100 in transfer fees reimbursed - Learn More|
|Broker Reviews||Read full review ›||Read full review ›|
Scottrade vs MB Trading
StockBrokers.com 2013 review compares MB Trading vs Scottrade. Compare MB Trading and Scottrade trade commissions, fees and overall broker ratings by using the chart above. Is MB Trading or Scottrade a better online broker? The StockBrokers.com staff breaks down all the key broker features, rates, and commissions charged to clients to determine the best broker.
If you are looking for a well rounded broker that has an easy to use platform, Scottrade is a solid fit. In our 2012 Broker Review they received a 5 Star Overall rating in addition to Best in Class for Customer Service, Investor Education, and Ease of Use. Scottrade has over 500+ local branch offices, one of the strongest retail presences of any online based brokerage. Commissions are just outside the bounds of what investors consider a discount broker, so traders can expect some savings compared to the higher trade costs at the larger brokerages. Highly personable from when you open your account to the on going relationship they share with their clients, Scottrade will be your new best friend.
There is a $2.05 difference in the per trade stock price for Scottrade and MB Trading. MB Trading's per trade stock price of $4.95 is a little less than Scottrade's per trade stock price of $7.00.
The Scottrade's "Overall" rating of 4 stars is a slight advantage over MB Trading's "Overall" rating of 3 stars.
Only MB Trading has an iPad app for tablet trading while Scottrade does not support the device at this time. You can find the app in the iTunes app store. Both MB Trading and Scottrade have an iPhone App for mobile trading.