Scottrade vs TD Ameritrade 2013 Review
Trade free for 90 days + get up to $600 - Learn MoreRead full review ›
|Current Offers||Special Offer - Get $100 in transfer fees reimbursed - Learn More|
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|Flat-Fee Trade Plan*||$9.99||$7.00|
|Per-Share Trade Plan||N/A||N/A|
|Mutual Fund Trade Fee*||$49.99||$17.00|
|Options Trade Base||$9.99||$7.00|
|Options Per Contract||$0.75||$1.25|
|Options Exercise Fee||$19.99||$17.00|
|Options Assignment Fee||$19.99||$17.00|
|Broker Assisted Trades||$44.99||$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||8.75%||7.25%|
|$50k to $99k||8.50%||6.75%|
|$100k to $249k||7.25%||6.50%|
|$250k to $499k||7.00%||6.25%|
|$500k to $999k||7.00%||5.75%|
|Current Offers||Trade free for 90 days + get up to $600 - Learn More||Special Offer - Get $100 in transfer fees reimbursed - Learn More|
|Broker Reviews||Read full review ›||Read full review ›|
TD Ameritrade vs Scottrade
StockBrokers.com 2013 review compares Scottrade vs TD Ameritrade. Compare Scottrade and TD Ameritrade trade commissions, fees and overall broker ratings by using the chart above. Is Scottrade or TD Ameritrade 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.
TD Ameritrade was rated #1 overall in the StockBrokers.com 2012 Broker Review along with numerous Best in Class awards. Their ideal client includes all investors and traders as their 5 star, 24/7 customer support amongst other factors easily outweighs their higher equity commission pricing. Trade Architect and thinkorswim provide outstanding platforms and tools for active and professional investors, with thinkorswim receiving Best Overall Trading Platform in 2012. TD Ameritrade has one of largest selection of commission free ETFs, one of the many attributes that makes them a top brokerage over many other great competitors.
There is a $2.99 difference in the per trade stock price for TD Ameritrade and Scottrade. Scottrade's per trade stock price of $7.00 is a little less than TD Ameritrade's per trade stock price of $9.99.
The TD Ameritrade's "Overall" rating of 5 stars is a slight advantage over Scottrade's "Overall" rating of 4 stars.
Only TD Ameritrade 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 Scottrade and TD Ameritrade have an iPhone App for mobile trading.