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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.
You may be charged a $10 fee for each additional transfer and withdrawal you make before your statement cycle ends. You will be charged no more than 6 of these fees each statement cycle. If you maintain a minimum daily balance of $2,500 or more in this account, you won't be charged this fee. Total of 6 transfers and withdrawals each monthly statement cycle without a Withdrawal Limit Fee. You may be charged a $10 fee for each additional transfer and withdrawal you make before your statement cycle ends.