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Merrill Edge Online Stock Brokers Review

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A subsidiary of Bank of America Merrill Lynch, Merrill Edge is an online brokerage service that offers a full range of investment features at a fraction of the cost of traditional brokers. Stocks, bonds, ETFs, among other investments, can be traded through Merrill Edge. In addition to brokerage accounts, IRAs are also available.

How is Merrill Edge rated?

Breakdown

Overall Rating: 0 / 5 (N/A)

Merrill Edge provides consumers with a streamlined alternative to most online stock brokerages. They offer all major investment types as well as managed portfolios that make it easier for inexperienced investors to start trading. Consumers also have access to sophisticated analysis tools and a Learning Center. Fees are very reasonable for the industry as well. Finally, since the company has great credit ratings, consumers can invest with them with confidence.

Merrill Edge Features

Features - 0 / 5

Portfolio Management
Self-Directed
Managed
Investment Products
Stocks
ETFs
Options
Mutual Funds
Bonds
Types of Accounts
Brokerage
IRA
Mobile App
Yes
Margin Lending
Yes

Financial Advisors

Merrill Edge Financial Solutions Advisors™ are available to provide investors with quality advice.

Trading Tools

Merrill Edge's platform provides screening tools and independent research on every security to help consumers make more informed decisions.

Merrill Edge Fees and Commissions

Pricing and Fees - 0 / 5

Trade Cost/Commission
$6.95
Minimum to Open Account
$0
Fees
Transfer Fee
Closing Fee

Fees (Additional Info)

You are eligible to enroll in the Preferred Rewards program if you have an active, eligible Bank of America personal checking account and maintain a three month average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill Edge and Merrill Lynch investment accounts of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier. SafeBalance Banking accounts do not count towards the account or balance requirements, and do not receive the fee waivers and other benefits of the program. Certain benefits are also available without enrolling in Preferred Rewards if you satisfy balance and other requirements. For details on Employee qualification requirements, please visit the Employee Financial Services website. The Preferred Rewards Gold tier does not include the $0 online stock and ETF trades via Merrill Edge®, a benefit that is currently available at the Platinum and Platinum Honors tiers of Preferred Rewards.

Merrill Edge Financial Strength and Customer Experience

Customer Support and Reputation - 0 / 5

Year Founded
2010
Standard & Poor's Financial Rating
A+
SIPC Membership
Yes
BBB Rating
C
BBB Total Complaints
1
Live Help 24/7
Yes
Customer Support Hours
24/7
Contact Methods
Phone
Email
Chat
Date Collected
2018-10-12

Company Profile

Full Name
Merrill Edge Online Stock Brokers
Company Website
Headquarters
220 Vesey Street, New York, NY, 10281

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Top Rated
Our Partner

Start investing with as little as $1

  • $0 Commission charge on stocks & ETFs
  • Offers fractional shares & U.S. Treasuries
  • Invest in alternative assets such as fine arts, royalties and luxury goods
  • Protected up to $500k on U.S. listed securities and cash up to $250k (SIPC Member)