Scottrade offers standard account options for investors with different needs. These include individual accounts, joint accounts, and guardian accounts. Getting a scottrade promotion codes from the internet will be useful when you are opening a new account. As is obvious by the name, individual account is when the owner is one person. These accounts are fairly common and have less restriction for trade. Guardianship accounts are managed by a guardian for someone who can’t handle his assets. Joint accounts are further categorized into 4 groups. Joint tenant account with the right of survivorship is the account held by two or more people and in case one of them dies, the ownership is passed on to the other owner or owners. Joint Tenancy account means that if the one of the owner dies, the ownership of the account goes to the heirs, not to the surviving owners. Tenants by Entirety is restricted to husband and wife where if one dies, the assets are passed to the other. In community accounts, the ownership is divided in half and the spouses get equal share in case of death or divorce of the couple.