Merrill Edge Brokerage Company Review
Merrill Edge Brokerage Company
Merrill Edge is a leading online brokerage firm that offers a full range of investments. Traders can put their ideas into action in stocks, fixed income, options, and ETFs. The company supplements the traders with complete guidance, trading tools, research, trading education, and platforms.
Merrill Edge offers comprehensive trading options for new, experienced, and active traders alike. The most significant advantage of using Merrill Edge is its research backed by BofA Merrill Lynch Global. Traders remain informed and use the step-by-step guidance offered by the company to achieve their financial goals.
The research, analysis, and tools are combined in the trading platform, Merrill Edge MarketPro. MarketPro gives traders uninterrupted access to real-time market analysis and global research and allows them to create their watch lists, set alerts, and receive quotes and financial news. Additionally, traders can also access interactive charting and other customized technical analysis studies to make informed decisions.
Thus, MarketPro is highly efficient software that helps traders to monitor their portfolio in real-time and place stock, options, and ETF trades quickly and efficiently. The dashboard is fully customizable and can be rearranged to suit specific needs.
Traders have an option to either trade individually or undertake Merrill-guided trading. As individuals, Merrill Edge charges a flat-rate commission of $6.95 for unlimited stock and ETF trades, with no trade or balance minimums. For options, there is an additional charge of $0.75 per contract.
Traders who opt for Merrill-guided investing are charged an annual program fee of 0.45% of assets in the account and are required to make a minimum initial investment of $5,000. Beginners can also choose to receive trading education in the form of videos, webinars, and various other courses offered by Merrill Edge.
Years in business
Number of clients
Stocks, Options, ETFs, Fixed Income
Flat-rate pricing for unlimited online stock or ETF trades