Complaint / review / scam report
Scottrade looks for any excuse they can to restrict ope...

Complaint / review text:
Scottrade looks for any excuse they can to restrict opening transactions. This ranges from forms (even those that their lawyers have come up with since you opened your account) to owner verificiation (they will deposit your money... You just can't use it to buy anything). It unbelievable. All I can figure out is they want to keep my money in a cash account paying almost no interest so they can profit off of the spread.

It's difficult to determine the amount of money I have lost due to their deliberate obstructive actions. I have not tracked the potential value of my trades... Water under the bridge.

Contact information:
Author: Contact with Author

Offender: Scottrade

Country: USA

Category: Business & Finance


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