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Merrill Edge Logo

Merrill Edge

4.1(1.500 reviews)

Online broker by Bank of America with integrated banking

SEC/FINRA RegulatedSince 2010
82
Trust Score
Very Good
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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

0 $
Min. Deposit
5
Instruments
SEC/FINRA
Regulation
3
Platforms

Key Features

Stocks

Stocks trading available

ETFs

ETFs trading available

Options

Options trading available

Bonds

Bonds trading available

Mutual Funds

Mutual Funds trading available

Merrill Edge Web

Trading Platform

Merrill Edge App

Trading Platform

MarketPro

Trading Platform

Advantages

  • Seamless integration with Bank of America
  • Commission-free stock and ETF trading
  • Access to Merrill Lynch research
  • Preferred Rewards program with perks

Disadvantages

  • Only available for US customers
  • MarketPro platform less powerful than competitors
  • No futures or forex trading available

Ready to Trade with Merrill Edge?

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About Merrill Edge

Merrill Edge was launched in 2010 as the online brokerage platform of Bank of America in New York. As an SEC/FINRA-regulated broker, Merrill Edge offers commission-free trading of stocks and ETFs and benefits from seamless integration with Bank of America. Access to the renowned Merrill Lynch research is a key competitive advantage. The product range includes stocks, ETFs, options, bonds, and mutual funds. Options cost 0.65 dollars per contract. The Preferred Rewards program offers Bank of America customers additional perks such as free trades and higher interest rates on savings accounts. Merrill Edge is particularly suitable for customers who already have a Bank of America account and want to benefit from the integration between banking and investing. Access to Merrill Lynch research and the Preferred Rewards program make it an attractive choice for long-term investors in the US market.

Merrill Edge FAQ

What is the Preferred Rewards program at Merrill Edge?
The Preferred Rewards program offers Bank of America customers with certain account balances additional benefits such as free trades, higher savings account interest rates, and lower loan fees.
Is Merrill Edge independent from Bank of America?
No, Merrill Edge is a product of Bank of America. Accounts are fully integrated into the Bank of America ecosystem.
Can I trade futures or Forex at Merrill Edge?
No, Merrill Edge does not offer futures or Forex trading. The offering focuses on stocks, ETFs, options, bonds, and mutual funds.
What research tools does Merrill Edge offer?
Merrill Edge offers access to Merrill Lynch research, one of the most respected research providers in the world, with stock analyses, market forecasts, and investment recommendations.
Strategies × Top Stocks

Popular Strategies to Try

Concrete example trades you can replicate after opening your account at Merrill Edge.

Tesla logo
Long Straddle
TSLA

Long Straddle · Tesla

Tesla Inc.

Highly volatile — no clear direction · highly volatile mover

IV 5095%View example trade
NVIDIA logo
Long Straddle
NVDA

Long Straddle · NVIDIA

NVIDIA Corporation

Highly volatile — no clear direction · volatile stock

IV 4080%View example trade
Apple logo
Covered Call
AAPL

Covered Call · Apple

Apple Inc.

Neutral to mildly bullish · calm stock

IV 2032%View example trade
SAP logo
Covered Call
SAP

Covered Call · SAP

SAP SE

Neutral to mildly bullish · calm stock

IV 1830%View example trade
Amazon logo
Cash-Secured Put
AMZN

Cash-Secured Put · Amazon

Amazon.com Inc.

Neutral to mildly bullish · medium-volatility stock

IV 2542%View example trade
S&P 500 ETF logo
Iron Condor
SPY

Iron Condor · S&P 500 ETF

SPDR S&P 500 ETF

Neutral / Sideways · calm stock

IV 1222%View example trade
Nasdaq-100 ETF logo
Iron Condor
QQQ

Iron Condor · Nasdaq-100 ETF

Invesco QQQ ETF (Nasdaq-100)

Neutral / Sideways · calm stock

IV 1628%View example trade
Palantir logo
Bull Call Spread
PLTR

Bull Call Spread · Palantir

Palantir Technologies Inc.

Bullish · highly volatile mover

IV 5590%View example trade
MicroStrategy logo
Bull Call Spread
MSTR

Bull Call Spread · MicroStrategy

MicroStrategy Inc.

Bullish · highly volatile mover

IV 85160%View example trade
Coinbase logo
Bear Put Spread
COIN

Bear Put Spread · Coinbase

Coinbase Global Inc.

Bearish · highly volatile mover

IV 65120%View example trade
Microsoft logo
Butterfly Strategy
MSFT

Butterfly Strategy · Microsoft

Microsoft Corporation

Neutral — stock expected to stay near the center strike · calm stock

IV 1830%View example trade
NVIDIA logo
Bull Call Spread
NVDA

Bull Call Spread · NVIDIA

NVIDIA Corporation

Bullish · volatile stock

IV 4080%View example trade