Merrill Edge stock brokerage platform now operates under Bank of America. The various features cater to both active traders and amateur investors. The platform enables the user to manage finances in a simpler way. Extensive research, numerous investment tools, and valuable counsel; the platform aims to provide transparency while handling finances. Trading of stocks, mutual funds, ETFs, etc. can be done with relative ease.
Merrill Edge Pricing
Merrill Edge Pricing can be observed on the official website page of the platform. The various Merrill Edge Pricing is -
- Merrill Edge Self-Directed - $0 as a minimum investment.
- Merrill Guided Investing Online - $5000 as a minimum investment.
- Merrill Guided Investing Online with an advisor - $20,000 as a minimum investment.
Merrill Edge Demo
Merrill Edge stock brokerage does not offer any demo on the official site of the platform. It also does not offer any free trials on the official website of the software. However, the platform does offer a $0 investment for beginners.
Merrill Edge stock brokerage Features
Integration of extensive research
- The amalgamation of BofA Merril Lynch Global Research and various other providers offers in-depth research.
- Access to several educational resources such as webinars, videos, articles to enable further research.
Incorporation of trading platforms
- Incorporation of Merril Edge MarketPro that merges both active trader and website trading platform.
- Quick Trade feature enables ETF and stock trades from any page of the site.
Assimilation with Bank of America
- Enables users to gain access to both Bank of America and Merril Edge accounts with a single login and password.
- Real-time money transfer between both the accounts, in a hassle-free manner.
Investor education
- Topics such as tax-paying strategies and more are cited in detail to educate the clients.
- Integration of asset class to spread knowledge through webinars, articles, etc.
Utilization of investment planning tools
- Usage of personal retirement calculator to estimate account balance using return rates and savings.
- The utilization of Roth IRA conversion enables the decision of whether to move to Roth.