Headquartered in St. Louis, Mo., Scottrade is a discount retail brokerage firm offering a three-tier trading program: Scottrade, Scottrader and Scottrade Elite. There are also three account types: Standard, Specialty and Individual Retirement Accounts. Among the many advantages of using Scottrade are $7 trades, no hidden fees, low-option commissions and low margin rates. New accounts may be started with as little as $500. Scottrade has 474 branch offices around the nation, including this one on South Tamiami Trail next to Supercuts and close to Sonny's Real Pit BBQ.