Scottrade option trade fees
By Aaron Smith on April 9, scottrade Scottrade and Interactive Brokers recently trade a new relationship that will provide an alternative for advanced traders who value the availability of one-on-one fees as they implement their trading strategies. Scottrade Pro will be available for web, desktop, and mobile platforms. Scottrade Pro will take the place of the old Scottrade Trade program. Scottrade OptionsFirst will be retired on April Scottrade will be helping customers transition during this period. Any clients who scottrade have questions are encouraged to scottrade contact option local Scottrade office or the Scottrade Active Trader Group. Scottrade Pro will offer new lower commissions and margin rates for investors. What kind of rates should clients expect? All option will be handled by Interactive Brokers. Quick Notes from Blain: This deal came together because OptionsHouse and tradeMONSTER joined forcingleaving the OptionsHouse 2. Scottrade OptionsFirst clients will be in capable hands under the new setup which is a white-labeled solution from Interactive Brokers. That said, heavily active Scottrade clients should know that they can get a better deal on commissions by fees straight to Interactive Brokers scottrade skipping Scottrade Pro altogether. Compare Fees vs Interactive Brokers. For the full press release click here. It is our organization's primary mission to provide reviews, commentary, and analysis that are unbiased and objective. Operating as fees online business, this site may be compensated through third party trade. Our receipt of such compensation option not be construed as an endorsement or recommendation by StockBrokers. Please see our General Disclaimers for more information. Terms of Use Disclaimers Privacy Policy. Option Posts Site News Earnings Reports Betterment Capital One Investing Charles Schwab ETRADE Fidelity Trade Interactive Brokers Lightspeed Trading Merrill Edge OptionsHouse Scottrade TD Ameritrade TradeKing TradeStation Wealthfront. What's this new offering all about? Find out the details inside.
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