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ScoTTrade

reviewed by jstrydom

ScoTTrade

jstrydom
12/07/2007

ScoTTrade 1

I started with scottrade back is 2003 when they were the only broker that didn't have a monthly inactivity fee. I just want to be able to buy long term investments and maybe a few speculative ones. Monday I needed to withdraw about 10% cash from my investments and now it is Friday and I still down have my money. Apparently it can take a week to get my own money unless I want to PAY to get it wired sooner. I have accounts with E-trade and Emigrant direct and have no problem doing an electronic transfer. Is Scottrade still stuck in the 20th century? Their staff is totally useless and unwilling to help - "These are the rules - take it or leave it".
Next week I'm closing my account.

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masonjennings commented 720 days ago.
I have checkwriting on my Scottrade account and have never had a problem at all. Whenever I need money, I just write a check...simple as that. There is not a fee and it is much more convenient, even than electronic transfer.
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