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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.
Simplify and Consolidate. If you roll over your IRA or old 401(k) to Scottrade, we can help you get a holistic view of your investments and provide solutions for reaching your specific goals. Scottrade offers both Traditional and Roth IRA rollover options.When you open a Rollover IRA, you will have access to a wide variety of investment choices including stocks, bonds, mutual funds and more. Plus, a direct transfer of your old 401(k) or IRA can help you avoid any negative tax consequences.epending on your income and eligibility, you may also qualify for your contributions to be tax-deductible. Scottrade offers Traditional IRAs with a variety of investment options including stocks, ETFs, bonds, mutual funds and more. To determine whether this is the right fit for you, read more about Traditional IRAs.