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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.
- then you fill out standard required questions. The initial deposit is $0 for IRA ($2,500 for non-IRA account), and investors can begin trading as soon as money are deposited in their account. There are no account maintenance fees or hidden fees of any kind.Scottrade charges flat fee of $7 on every stock or ETF online trade. This rate remains the same no matter how many trades you do with your account. Trades made with broker assistance cost $32.here are no account maintenance fees or hidden fees of any kind. Scottrade charges flat fee of $7 on every stock or ETF online trade. This rate remains the same no matter how many trades you do with your account. Trades made with broker assistance cost $32.