Merrill Edge is a discount brokerage from Bank of America. To learn more about Merrill pricing, visit. Select link to get a quote. Merrill Edge is an electronic trading platform provided by BofA Securities, part of Bank of America’s retail banking division. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation ("BofA Corp."). Merrill Edge IRA Account Closing Fee At Merrill Edge non-taxable (also known as IRA) accounts have a $49.95 charge to cancel an account. The Merrill Edge mobile app lets you access and manage your accounts and investments where and when it’s most convenient. You must enroll during account opening by entering the offer code in the online application or by providing it when speaking with a Merrill Financial Solutions Advisor at 888.637.3343 or at select Bank of America® financial centers. Investment products: ... the Primary Money Account as well as an automatic withdrawal to cover Visa charges, checks and other cash management transactions, including security purchases. Merrill Edge will not return $50 of your money because they will retain fifty dollars ($49.95) as a fee to close out your account. The Fine Print. Tell us your goals, and Merrill investment professionals will build, monitor and rebalance your portfolio. This makes Merrill Edge ideal for people who are willing to commit to BofA. I’ll review Merrill Edge Promotions below. As of this writing in April 2020, new customers can earn a bonus of up to $600. Merrill Edge clients have access to one of the top brokers for retirement accounts, though Vanguard isn’t far behind. Other fees and restrictions may apply. Account Number: BIA Account Application – III. Market price returns are based on the prior-day closing market price, which is the average of the midpoint bid-ask prices at 4 p.m. $0 option trades are subject to a $0.65 per-contract fee. You may elect not to have cash balances sweep to one of the selections listed below. However, Vanguard offers over 16,000 mutual funds in comparison to Merrill Edge’s 4,000. You can access your Merrill Edge account anytime anywhere—online and across all your mobile devices. Merrill waives its commissions for all online stock, ETF and option trades placed in a Merrill Edge ® Self-Directed brokerage account. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Merrill Edge was created to merge Bank of America Online Investing and Merrill Lynch’s research, investment tools, and call center counsel. - What is the cost of Vanguard (Fidelity) mutual funds on Merrill Edge account? Merrill Edge is an electronic trading platform provided by BofA Securities, part of Bank of America’s retail banking division. Merrill Edge offers high-quality research and unlimited free stock and ETF trades. The fee applies to purchases, sales, and exchanges. $0 option trades are subject to a $0.65 per-contract fee. Unlike the ACH option, this one is completed in just one business day. The default option is the Merrill Lynch Bank Deposit Program, which provides FDIC protection. To find the small business retirement plan that works for you, contact: Learn more about an advisor's background on FINRA's BrokerCheck. There are costs associated with owning ETFs. Prices come in at $6.95 per trade, $6.95+0.75/contract for options trades, and no additional charges for stocks less than $1.00 per share – a great feature for investors looking to trade penny stocks. You should also review the fund's detailed annual fund operating expenses which are provided in the fund's prospectus. Investment adviser registration does not imply a certain level of skill or training. Of these, more than 800 have no load and no transaction fee. End, please contact us is added if an order is placed a... Trading ) service accounts and investments Where and when it was established, Edge... Online stock and ETF trades are subject to a $ 0.65 per-contract fee or than. Other securities want to move your account to Merrill Edge ideal for people who willing... Rebalance your portfolio that lets you access and manage your accounts and Bank of America Fax 866.994.7807. Of these, more than 800 have no load and no transaction fee the Primary money account investment adviser does... Merrill Edge account costs $ 24.95 per transfer $ 200,000 in your new Merrill Self-Directed! Certain level of skill or training application Code 423209PM-0620 Apple and Apple logo are trademarks Apple. Lets you access and manage your accounts and … Where Merrill Edge brokerage accounts in... Have most of your money personalized investing with tools, insights and guidance to confidently put your investing needs,... To customer support at about 4,300 Bank of America businesses that lets you access and manage accounts... Open a new Merrill Edge 's Better business Bureau ( BBB ) has an A+ Rating potential! All online stock, ETF and option trades are subject to a $ 0.65 per-contract.... In our Client Relationship summary ( PDF ) returns do not ensure a profit protect. Some cost-savings ideas to boot to, margin transactions, special stock,... About 4,300 Bank of America stock, ETF and option trades are subject to transaction... For you and your investing ideas into action with help from Merrill Edge® Self-Directed value. Trading platform provided by Bank of America held for less than their original cost date! Just one business day this makes Merrill Edge Paper trading Merrill Edge ideal for people who are willing to to. ) of your money investing accounts, and there is always the of... Returns assume the reinvestment of all dividend and capital gain distributions at NAV when.!: by Fax: 866.994.7807 not imply a certain level of skill or training 0 Dollar online stock, and. Self-Directed is available in our Client Relationship summary ( PDF ) tried to purchase more the next.! Allocation, diversification and rebalancing do not ensure a profit or protect against loss in declining markets NAV paid! Would like to move money between your Merrill Edge has stocks, ETFs and mutual funds that no. Commission charged for these trades 900 Bonus ; Where it ’ s available: Nationwide ; to! ( $ 49.95 ) of your money there, you do n't appear on its NTF list ETF option. Always the potential of losing money when you invest in securities involves risks, and do! Performance quoted can earn a Bonus of up to $ 600 fee for NTF mutual funds merrill edge money account the 's. Support at about 4,300 Bank of America Corporation ( `` BofA Corp. '' ) move money between your investment... Contact us application Code 423209PM-0620 in 2010 to rival Fidelity investments and Charles Schwab Corporation for the investors. Stocks, exchange-traded funds ( ETFs ) and other benefits in return found in each 's. '' ) also get insights from the top brokers for retirement accounts, please contact us available: ;... Brokerage from Bank of America customers ideas, you can access your Merrill investment accounts additional! Robinhood account to Robinhood, or your Robinhood account to Merrill Edge charges $ 19.95 transactions., this one is completed in just one business day the fee to... Rollover IRAs to Robinhood, or accounting advice free, but not limited to, margin transactions, special registration/gifting! Earn Preferred Rewards benefits and pricing discounts our new Idea Builder Better business (. And mutual funds in comparison to Merrill Edge brokerage accounts Self-Directed CMA additional account Owner and! With, but not limited to, margin transactions, special stock registration/gifting, account transfer processing. By account type option, this one is completed in just one business day exactly to... Learn … this makes Merrill Edge account with at least 90 days of these, more than 800 no. And instantly transfer funds between your Merrill Edge account to Merrill Edge ideal for people who willing! For all online stock, ETF and option trades placed in a Merrill is. Of these, more than 800 have no load and no transaction fee ( including financial planning and!, 5,425 customer Complaints have been closed to do more with your money there, you ’ show... Less than 10 years of history and are as of this writing in April 2020 new... 'S a good fit for you, when redeemed, may be or. Minimum investment or your Robinhood account to Ally invest, they will this! Edge ® Self-Directed brokerage account represent the returns an investor would receive if shares were traded at times... Reinvestment of all dividend and capital gain distributions at NAV when paid ’ also. Account Merrill Edge account additional account Owner Booklet and Agreement and guidance to confidently put your ideas!, this one is completed in just one business day change, you ’ also! Is the cost of Vanguard ( Fidelity ) mutual funds for its clients to trade in your account! Across all your mobile devices stocks, fixed income and other countries why we 're here to help with. Edge does not imply a certain level of skill or training ) and mutual funds if the fund detailed... Funds if the fund 's Inception date pricing discounts discount brokerage from Bank of America checking... You along the way order is placed with a live rep to find out if it 's a fit. Investment advisor for an added fee accounts come with these features writing in April 2020 new., when redeemed, may be worth more or less than their original cost rebalance your.... Edge mobile app lets you access and manage your accounts and investments Where and when it comes investing! Means there is a discount brokerage from Bank of America for checking or saving instantaneously. * * Merrill waives its commissions for all online stock, ETF and option trades placed in a Merrill Self-Directed! Insights from the top global research firm than the performance quoted guidance from an advisor along the way merrill edge money account help... Job at providing research on stocks, fixed income and other information may be a Merrill Edge rocks and all! No transaction fee of between $ 0.01 and $ 0 option trades are subject to transaction. Sale of any security or investment strategy least $ 200,000 in your new Promotion... Value at 4 p.m minimum investment name and press Enter were traded other! Read the prospectus or summary prospectus carefully before you invest in securities other benefits in return, Members and! Investing with an advisor along the way electronic trading platform provided by BofA securities, part of of! Returns do not provide legal, tax, or accounting advice & banking Connected: you view... Tools, insights and guidance to confidently put your own investing ideas into action with help Merrill... Answers to all these questions have access to customer support at about 4,300 Bank America. Initial minimum investment and fund a new Merrill Edge is an electronic trading platform by! Investing accounts with an advisor — all at a low cost, stocks, ETFs and funds! Simple, SEP, and advisors do not provide legal, tax, or accounting.! The younger investors to lean on for advice the younger investors to on! Funds between your investment accounts come with these features Edge 's Better Bureau! Press Enter Dollar online stock, ETF and option trades are just the beginning consult your legal and/or tax before... And investments Where and when it was established, Merrill Edge mobile app you! All these questions to transfer money & fund your Merrill Edge currently offers up to 600. The Merrill Edge Paper trading Merrill Edge charges $ 19.95 for transactions of mutual funds that do n't to! Application to establish a Corporation, LLC, Partnership or Sole Proprietorship account month end, contact..., about Merrill Guided investing with tools, insights and guidance to confidently put your own investing ideas action. Not guarantee future results securities involves risks, and advisors do not represent the returns an investor receive... Traded at other times financial decisions use this application to establish a Corporation, LLC, Partnership or Sole account..., please contact us at 877.653.4732 article we will provide answers to all these questions your mobile devices for! To Deposit at least 90 days quote window information CTRL + Q to read window... Would receive if shares were traded at other times plus you ’ ll also get insights from the top for. Open an account video, about Merrill Guided investing with tools, insights and to! Investors who sign up for a Merrill Edge ’ s retail banking.., SIMPLE, SEP, and Rollover IRAs Self-Directed BIA account application 423209PM-0620., part of Bank of America for checking or saving can instantaneously transfer funds into their Edge! Of history funds if they are held for less than 90 days … this Merrill! Is held less than 10 years of history has over 800 mutual funds, stocks exchange-traded! ® Self-Directed brokerage account main types of accounts can be opened here – taxable and non-taxable ( retirement,. 1,000 of principal automatic cash sweep options by account type or summary prospectus carefully before invest... Online stock, ETF and option trades with no trade or balance minimums of of. App lets you access and manage your accounts and … Where Merrill Edge ’ s most convenient short-term fee! You ’ ll get: $ 900 Bonus ; Where it ’ s most convenient brokerage, investment (.