The following is an excerpt from our latest Mobile Monitor report titled Mobile Alerts: Account & Market Updates On-the-Go. Subscribers to our Mobile Monitor research service can access the full report by logging into the CI Client site and navigating to the “Mobile” tab.
Scottrade provides an extensive Alerts center in its apps. In addition to separate inboxes for different alert types (e.g., Money Direct, Account, Price & News, Expiring Orders), clients can set up new alerts for stock/ETF data. The first step is to enter a symbol and pick an alert type – price threshold, percent change, daily change ($/%) or annual high/low. Any required inputs are on the next screen along with delivery options. Clients can choose between their email addresses on file with the firm. The alerts interface does not post data such as current price, although it does list existing alerts on the first input screen.
Alerts are also delivered to an in-app inbox with separate lists for the different types of market and account alerts.
Scottrade’s website offers similar alert capabilities. The Alerts section allows clients to set up stock/ETF and option alerts, but no user-defined account alerts. Alert setup is a similar two-step process with some additional alert types offered online – moving average, change vs. index and news. As with Scottrade’s mobile apps, online alerts can only be sent to an email address.
Scottrade Mobile Alerts