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It is really easy to open an account at Scottrade and it can be set up in minutes. The initial deposit is $2,500 for a non-IRA account and $0 for an IRA, and investors can begin trading as soon as the balance is shown in their account. There are no account maintenance fees or hidden fees of any kind.he initial deposit is $2,500 for a non-IRA account and $0 for an IRA, and investors can begin trading as soon as the balance is shown in their account. There are no account maintenance fees or hidden fees of any kind.
ScottradeÂ® Advisor Services may, in its sole discretion, reimburse account transfer fees up to $100 charged by another broker to the clients of qualifying advisors when an account or household of accounts with a total value of $50,000 or more is transferred to Scottrade. Household is defined by mailing address.