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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.
No Fee refers to Scottrade transaction fees. See the fundâs prospectus for other fees and expenses that apply to a continued investment in the fund. With regard to no-load funds that are not in the NTF program, Systematic Purchase/Redemptions will be charged $2 per occurrence.**A $2,500 minimum equity balance must remain in the account; otherwise the $75 full transfer fee will apply. ****A regulatory transaction fee that is assessed by Scottrade for certain FINRA regulatory costs on stock and option sell trades.