Merrill Edge
Online broker by Bank of America with integrated banking
Ready in 2 minutes
* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.
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
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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?
Is Merrill Edge independent from Bank of America?
Can I trade futures or Forex at Merrill Edge?
What research tools does Merrill Edge offer?
Popular Strategies to Try
Concrete example trades you can replicate after opening your account at Merrill Edge.
Long Straddle · Tesla
Tesla Inc.
Highly volatile — no clear direction · highly volatile mover
Long Straddle · NVIDIA
NVIDIA Corporation
Highly volatile — no clear direction · volatile stock
Covered Call · Apple
Apple Inc.
Neutral to mildly bullish · calm stock
Covered Call · SAP
SAP SE
Neutral to mildly bullish · calm stock
Cash-Secured Put · Amazon
Amazon.com Inc.
Neutral to mildly bullish · medium-volatility stock
Iron Condor · S&P 500 ETF
SPDR S&P 500 ETF
Neutral / Sideways · calm stock
Iron Condor · Nasdaq-100 ETF
Invesco QQQ ETF (Nasdaq-100)
Neutral / Sideways · calm stock
Bull Call Spread · Palantir
Palantir Technologies Inc.
Bullish · highly volatile mover
Bull Call Spread · MicroStrategy
MicroStrategy Inc.
Bullish · highly volatile mover
Bear Put Spread · Coinbase
Coinbase Global Inc.
Bearish · highly volatile mover
Butterfly Strategy · Microsoft
Microsoft Corporation
Neutral — stock expected to stay near the center strike · calm stock
Bull Call Spread · NVIDIA
NVIDIA Corporation
Bullish · volatile stock
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