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"Scottrade: Best Pricing \n  \nWith over 2.5 million total brokerage accounts valued at over $51 billion Scottrade is a great option for traders.  \n  \nScottrade is a privately owned discount brokerage so it has the liberty to not share its numbers as much as the other existing brokerages. Nonetheless, Scottrade offers much: no inactivity fees or account maintenance fees, along with premium features such as  research amenities accessible free of charge, real time data, and one-on-one support online, over the phone and at the 505 branches.   \n  \nInvestors can trade all asset classes with Scottrade – stocks and option trading, treasuries, bonds, ETFs, CDs and mutual funds. Additionally, there is a no-fee Scottrade IRA and over 3,100 mutual funds that have no transaction fee. These are great for traders to get started with especially those with modest capital.   \n  \nWho should sign up for a Scottrade account? \n  \nCasual investors will love the outstanding support and $7 trades offered by Scottrade along with its fairly convenient platform. Scottrade does offer unlimited free checks and free ATM withdrawals.  \n  \nAccount Details: \nCommission: $7.00 per trade \nAccount Minimum: $500 \nAccount Fees: No annual account fee \nPromotion: One free trade for every $1000 deposited ($10,000 minimum, maximum of 250 free trades, must be executed in 6 months) \nSign up here. \n  \nCons \nThe promotions do not match up to other major online brokerages.  The discount brokerage is offering a measly one free trade for every $1000 deposited. Moreover, there is also an additional 0.5% principal value commission for equities under $1. \n  \nConclusion: Scottrade has its advantage in its retail locations \n  \nThese branches provide a better service for traders who want to use them to ask questions. It doesn't hurt either that many of these branches are storefronts in shopping malls. \n"
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