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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.
Transferring an IRA may take up to 10 business days. We will credit your transfer fees up to $150 when completing a first-time account transfer for $2,500 or more. Credit will be deposited to your account within 30 days of receipt of evidence of charge. This offer does not apply to Termination Fees or Maintenance Fees.