Scottrade is an online brokerage firm that offers a full line of investment products, online trading services and market research tools. Customers with a minimum account value of $25,000 are eligible to download and use Scottrade’s most robust trading platform, ScottradeELITE, a fully-customizable, Windows-based, active trading platform. Features of ScottradeELITE include:
A demo version of the ScottradeELITE trading platform – with no account requirements – is available on www.scottradeelite.com. While this version does not provide full functionality (Level II quotes, for example, are not available in the demo version), it provides a simulated environment with a virtual trading account that allows traders to experience trading, charts, graphs and more. All market data is delayed 20 minutes and orders are not executed in an actual marketplace.
Traders can either open an account or try the demo version of ScottradeELITE. To download the demo version, visit www.scottradeelite.com and click on “INTERACT…TRY THE DEMO TODAY!” as shown in Figure 1.
A registration screen appears (see Figure 2). Fill out the necessary fields (including name and address) and click “Submit” to continue.
Upon successful installation, the ScottradeELITE platform will launch with the default Scottrader Sample Layout, shown in Figure 5. This layout includes five windows: Quote Grid, Chart, Order Entry, Positions and Nasdaq Velocity® & Forces®.
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