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#1 mcleert

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Posted 11 August 2008 - 06:12 PM

I'd like to open a local account with Scottrade----I asked the Manager if I could trade Rydex NTF funds frequently without a transaction fee. He said that I couldn't. Does anybody use Scottrade for trading NTF funds--and is this true---you can't trade NTF funds frequently without a charge? Doesn't make sense to me---Rydex funds are for traders!!! Thanks for any response!

#2 traderpaul

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Posted 16 August 2008 - 09:52 AM

I'd like to open a local account with Scottrade----I asked the Manager if I could trade
Rydex NTF funds frequently without a transaction fee. He said that I couldn't. Does anybody use Scottrade
for trading NTF funds--and is this true---you can't trade NTF funds frequently without a charge?

Doesn't make sense to me---Rydex funds are for traders!!!

Thanks for any response!


Just go to the Scottrade web suite and click on mutual fund....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. " Rickoshay

#3 darnelds

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Posted 16 August 2008 - 07:39 PM

If you know you will trade Rydex funds frequently, open an account directly with Rydex. Scottrade and other discount brokerages may place their own limitations on frequency of trades. Scottrade makes a lot of mistakes, so watch yourself. Search Elitetrader for reviews of Scottrade and other brokerage firms.