Scottrade minimum balance for options trading

Balance Restrictions | Scottrade

Your version of Internet Explorer is no longer supported and may not display all the features of our website. For the best experience, please update your browser with the latest version. At Scottrade, we offer a valuable array of products and services to help you meet your financial goals, many of which are provided at no cost. Commissions are charged on a per-order basis. A majority of orders must be executed online to qualify for online commission rates.

Some foreign and pink sheet stocks must be traded with Investment Consultant IC assistance. These fees may be automatically included in the quote. Our non-online commissions for stock and ETF orders are just two cents per share in addition to the broker-assisted and touchtone rates. Mailed confirmations and statements are free of charge.

Supporting documentation for any claims will be supplied upon request. Keep in mind profit will be reduced or loss worsened, as applicable, by the deduction of commissions and fees. Exceptions to this short-term redemption fee are the Rydex, Guggenheim, ProFunds and Direxion families of funds, which are intended for short-term traders.

Detailed information on our fees can be found in the Explanation of Fees PDF. The prospectus should be read carefully before investing. Mutual funds are subject to the terms and conditions of the NTF program. Calculations of this fee are truncated to the penny i.

If your confirmation indicates that an average price was received, the fee amount shown is determined by first calculating the fee, then summing all those fees together and truncating to the penny 11 A regulatory transaction fee that is assessed by Scottrade for certain FINRA regulatory costs on stock and option sell trades.

All calculations of this fee are truncated to the penny i. If your confirmation indicates that an average price was received, the fee amount shown is determined by first calculating the fee, then summing all those fees together and truncating to the penny.

In certain cases this fee is capped at a maximum rate. Designated Professional Subscribers requesting real-time streaming quote data will be assessed a recurring monthly charge in the stated amount per user, per professional account.

Activation fees associated with this data also apply, will be charged to you in full during the month you begin receiving the data, without proration, and will equal the amount of the monthly fee. You remain responsible for satisfying any obligations owed to Scottrade for Streaming Market Data Services, and any other fees associated with your account.

In either case, the total fees will be included in the execution price displayed on the trade confirmation.

Processing fees assessed by third parties may be passed through to your account. Some products and services may require additional fees or transaction minimums not specifically listed here. Prior to placing the trade, it is the client's responsibility to ask the broker if any additional fees will apply.

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Any specific securities, or types of securities, used as examples are for demonstration purposes only. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security or account. Such consent is effective at all times when using this site. Brokerage products and services offered by Scottrade, Inc.

All investing involves risk. The value of your investment may fluctuate over time, and you may gain or lose money.

Deposits | Scottrade

In this instance, equity is defined as Total Brokerage Account Value minus Recent Brokerage Deposits on Hold. The performance data quoted represents past performance.

Past performance does not guarantee future results. The research, tools and information provided will not include every security available to the public. Although the sources of the research tools provided on this website are believed to be reliable, Scottrade makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability or reliability of the information.

Information on this website is for informational use only and should not be considered investment advice or recommendation to invest. Scottrade does not charge setup, inactivity or annual maintenance fees. Applicable transaction fees still apply. Scottrade does not provide tax advice. The material provided is for informational purposes only. Please consult your tax or legal advisor for questions concerning your personal tax or financial situation. Investors should consider the investment objectives, charges, expense, and unique risk profile of an exchange-traded fund ETF before investing.

A prospectus contains this and other information about the fund and may be obtained online or by contacting Scottrade. Leveraged and inverse ETFs may not be suitable for all investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies.

Investors should monitor these holdings, consistent with their strategies, as frequently as daily. Investors should consider the investment objectives, risks, charges and expenses of a mutual fund before investing. No-transaction-fee NTF funds are subject to the terms and conditions of the NTF funds program.

Scottrade is compensated by the funds participating in the NTF program through recordkeeping, shareholder or SEC 12b-1 fees.

Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. It contains information on our lending policies, interest charges, and the risks associated with margin accounts. Options involve risk and are not suitable for all investors. Consult with your tax advisor for information on how taxes may affect the outcome of these strategies.

Keep in mind, profit will be reduced or loss worsened, as applicable, by the deduction of commissions and fees. Market volatility, volume and system availability may impact account access and trade execution. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss, in a down market. Third-party websites, research and tools are from sources deemed reliable.

Scottrade does not guarantee accuracy or completeness of the information and makes no assurances with respect to results to be obtained from their use. Thank you for visiting Scottrade. We have implemented a Skip to Main Content link and improved the heading structure of our site to aid in navigation with a screen reader.

We are consistently making improvements to the accessibility of our site. If you are having difficulty accessing an area of the site, please contact us at accessibility scottrade. Search Keywords or Symbol. Open A New Account.

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Buying Options | Scottrade

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