Scottrade vs. Options Xpress

 

Experts laud Scottrade as having some of the best research tools available among online brokerages. Plus, all of the resources come with your account. Best Things to Trade at Scottrade. Stocks. Trading stocks online is easy with a simple flat fee of $ per trade.

Advanced features mimic a desktop trading platform. I guess I would say they are about average and would not be afraid to trade with them. Barron's Best Online Brokers In Barron's annual broker ranking, Options Xpress was named 4th best overall broker for its educational resources, low commission rates, and investment options. They will always work with you.

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That’s not a standout number compared with the rest of the online broker landscape, but it beats Scottrade handily, as that broker offers none. E-Trade also offers futures trading, and Scottrade does not, and E-Trade brings 4, no-transaction-fee mutual funds compared with Scottrade’s selection of 2,

It does its best to mimic a desktop platform and mostly succeeds. Scottrade gets points for offering a platform suitable for every kind of trader. The site also offers a Morningstar-powered tool that reviews client portfolios to identify imbalances, then serves up investment suggestions to tip the scales back in the right direction.

New or beginner investors may appreciate chatting with an expert in person, which is one reason why Scottrade landed on our list of best brokers for beginners.

They excel in different areas. Advanced traders and ETF investors are likely to prefer E-Trade, while Scottrade is a very strong match for beginner investors. NerdWallet adheres to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from partners. We adhere to strict standards of editorial integrity.

Some of the products we feature are from our partners. Eastern; Saturday and Sunday 9 a. Open a Scottrade account. Open an E-Trade account. See the Best Online Trading Platforms. Stock Commissions Chart cost per share. Option Commissions Chart online orders. They seem slow to answer the phone when you have a question. I use there old charting system which is ending in about 35 days. I have become accustomed to it and don't look forward to the change, but it should be for the better.

I am limited to watching 20 stocks at a time and only 4 charts with their current system and you can have more on your screen with the new one. I think it was 5 charts maximum. I don't usually get a better price when selling as compared to Zecco where I almost always do better. A few years ago I purchased a stock not a round lot and ended up buying one share. I did not have the AON all or nothing box checked and learned my lesson on that one. The trades have sometimes gone through very rapidly and at other times it seems to take forever.

I don't know if it was because of high volume or a problem from them. I guess I would say they are about average and would not be afraid to trade with them. The tools are not bad.