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I have used Scottrade for the past 5 years or so. I highly recommend it. I have an options account and margin, but I have not actually traded options with it. I have used the margin, but only as a bridge between a purchase and when I deposit more money. The rate, at least for me, is high 7% range. Considering I'd be happy with stable 7% returns in the first place, it doesn't make a lot of sense for my investing style to use margin.

The customer service is top notch. Anytime one of my friends mentions they could trade cheaper elsewhere, I always mention this and they forget about switching. Plus, integration with turbo tax is super easy and always puts me in a good mood come tax time. They are also pretty lax if you occasionally break a rule. Vanilla overall, but it's reliable and I'm not planning on switching anytime soon.

 

I've used both Scottrade and thinkorswim. As previously stated, it depends on what you want to use it for. Scottrade is slightly cheaper overall. Its customer service is excellent and they offer free seminars at their locations. Thinkorswim, while slightly for costly and not having dedicated locations (I think) does have a much better trading platform with a lot more tools & analysis, for options or for equities.

 

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