Scottrade VS DriveWealth

Scottrade

Scottrade clients have moved to TD Ameritrade. Use your existing Scottrade account number and password to login for the first time.

DriveWealth

DriveWealth is an cheap online stock broker, that offers an easy to use platform to trade on.

Landing page //
2023-04-10

Landing page //
2023-07-28

Scottrade Review, Tour, and Tutorial

DriveWealth videos

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DriveWealth Investment App Review

Category Popularity

0-100% (relative to Scottrade and DriveWealth)

DriveWealth

Finance

73 73%

Finance

27% 27

Investing

71 71%

Investing

29% 29

Trading

53 53%

Trading

47% 47

News

100 100%

News

0% 0

User comments

Share your experience with using Scottrade and DriveWealth. For example, how are they different and which one is better?

Social recommendations and mentions

Based on our record, DriveWealth seems to be more popular. It has been mentiond 7 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Scottrade mentions (0)

We have not tracked any mentions of Scottrade yet. Tracking of Scottrade recommendations started around Mar 2021.

DriveWealth mentions (7)

Are new share trading platforms safe?
For US trading, Stake itself does not provide the stockbroking. They provide access to US financial markets by partnering with US broker DriveWeath LLC. Source: over 1 year ago
Tax on dividends
I recently bought some stocks with Revolut and some of these stocks pay out a quarterly dividend. A tax is withheld by Revolut's broker (drivewealth.com) in the US. Do I also need to pay tax to the Revenue? Source: over 2 years ago
Revolut refuses to issue shares certificate and also refuses to provide an email with full company position and the laws they have backing up their refusal.
Revolut's share platform uses a third party broker (drivewealth.com). Source: over 2 years ago
Payment for order flow
Their parent company in the US is Drivewealth Drivewealth is in part connected to Steve Cohen owner of the NY Mets and Point 72, one of the main hedge funds doing all the naked shorting right now along with Citadel and Susquehanna. Steve Cohen is a class A fucktard and all round evil prick. Source: almost 3 years ago
Warning: IBKR is changing its terms of services in preparation for the MOASS, and not in a good way
Don't think you are right. Sharesies, Stake & Hatch use Drivewealth. I see no evidence drivewealth uses IBKR, they are competitors AFAIK. Source: almost 3 years ago