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Features
Full range of investments
Self-directed investors have access to a wide range of stocks, options, bonds and ETFs and well-known mutual funds, and tools that take the guesswork out of choosing investments.
Guidance and tools
With an online brokerage account, enjoy an innovative online experience with step-by-step guidance, flexible tools and customizable features built with you in mind.
Straightforward pricing
Qualify for $0 online stock and ETF trades with Preferred Rewards.Footnote 2 Trade limits apply. Or pay just $6.95 per trade with no minimums. Other fees may apply.Footnote 1
Insights and ideas
Get actionable insights, updates and timely investing ideas from BofA Merrill Lynch Global Research, CFRA (powered by S&P Global) and Morningstar.
$600
Get up to $600 when you invest in a new Merrill Edge Self‑Directed account. How to qualify for up to $600
Are you an active trader? Get even more insights, more capabilities and more control with Merrill Edge MarketPro®Footnote 4

Pricing and fees

Pricing and fees

Straightforward Pricing

Straightforward Pricing
$2.95 unlimited online equity and ETF trades
Other fees may applyFootnote *
Qualify for $0 tradesFootnote 2
Account minimum: $0
0.45% annual program feeFootnote 6
Other fees may applyFootnote 1
Qualify for discounted pricing
Account minimum: $5,000
0.85% program feeFootnote 6
Other fees may applyFootnote 1
Qualify for discounted pricing
Account minimum: $20,000
Account minimum
$0
$5,000
$20,000

Get started

Getting started is easy

Choose how you'd like to invest

A self-directed investing platform that streamlines investing, giving you access to research and insights, step-by-step guidance and flexible tools—all with low, flat-rate pricing.Footnote 7
To get started, open an account online popup, open an account online, and our Quick Start Guide will show you how to create an investment strategy, choose the right investments and manage your portfolio.
A professionally managed portfolio aligned to your goals that's built, monitored and rebalanced by Merrill investment professionals.Footnote 3
To get started, tell us about yourself and your investing goal online. You'll get a recommended investment strategy aligned to your goals.
All the benefits of Merrill Guided Investing with an advisor who will discuss your priorities and provide advice and guidance to help you pursue your goals.
To get started, tell us about yourself and your investing goal online. You'll be able to choose and meet with an advisor in person or on the phone who will discuss your priorities and walk you through the next steps.

Open your online brokerage account

You can complete your account application online in minutes. Here's what you'll need.
  • Social Security number and date of birth
  • A valid mailing and email address
  • Employment information (such as annual income and household net worth)
  • Names and dates of birth for any beneficieries

Fund your account

  • Transfer cash (real timeFootnote 5 or up to 3 days). Fund instantly from your linked Bank of America® banking or Merrill Edge® investing account — or within a few days.
  • Wire transfers (same day): Wire funds electronically from another financial institution.
  • Deposit a check (1 to 5 days): Using your mobile device, sign in to the Merrill Edge appFootnote 5 and click on Check Deposit. Or, mail it to: Merrill Edge, P.O. Box 962, Newark, NJ 07101.
  • Transfer accounts or securities (5+ days): Transfer an existing brokerage account, IRA account or securities from another financial institution online. You can also transfer securities instantly between your Merrill Edge accounts.

FAQs

FAQs
  • Easily transfer available funds between your Bank of America bank and Merrill Edge investment accounts.Footnote 5
  • Put your own investing ideas into action with access to a full range of investment choices.
  • Monitor your portfolio and stay on top of your investments anytime, anywhere on your mobile device.
  • Self‑directed investors can manage everyday transactions with services such as check-writing, a Visa® deferred debit card and web bill pay.

    If you need help, call us 24/7 at 888.637.3343888.637.3343
  • You have choices when it comes to brokerage accounts. Open an individual account, a joint account, or if you're investing on behalf of a minor, open a custodial account.

    Have questions? Talk to a Merrill Edge rollover specialist 24/7 at 888.637.3343888.637.3343.
Fund in one of four ways:
  1. Real-time instant fundingFootnote 5 — same-day funding from your eligible linked Bank of America bank account and your new Merrill Edge online brokerage account (transfers from your eligible linked accounts at other financial institutions take up to three business days to process and clear)
  2. Fund by wire transfer — next-day funding from accounts at other financial institutions received by 4 p.m. ET will post to your new Merrill Edge account the next day
  3. Fund by check — send a personal, cashier or bank check to:

    Merrill Edge
    P.O. Box #962
    Newark, NJ 07101-0962

    Deposited funds typically post to the account within two days of receipt. Funds are available for investment when posted, but can be held from withdrawal for up to eight days.
  4. Transfer an account — the transfer of securities or accounts held at another financial institution typically takes 5+ business days. Moving securities from one of your Merrill Edge accounts to another is real time.
Access a full range of investments, including: stocks, exchange-traded funds (ETFs), bonds and thousands of well-known mutual funds.
For a simpler approach, consider opening a Merrill Guided Investing account where you can invest with a low-cost portfolio built, managed and rebalanced by the investment professionals at Merrill Lynch.Footnote 3
  • Yes. Self-directed investors can write an unlimited number of checks from their brokerage accounts.

Recognized for excellence

J.D. Power Contact Center Certification
An outstanding customer service experience
Merrill Edge has been recognized by J.D. Power by providing "An Outstanding Customer Service Experience" for Phone support for 8 years in a row.Footnote 8
Kiplinger's Best Online Brokers 2018"
Ranked #1 for "Best Online Brokers"
Received 5 out of 5 stars for "research" and "user experience" — Kiplinger's Personal Finance, "Best Online Brokers" 2018.Footnote 9

Help when you need it

Call 888.637.3343888.637.3343
Call 24 hours a day, 7 days a week

Important disclosures

Footnote 
Other fees may apply. Free and $0 means there is no commission charged for these trades. $0 option trades are subject to a $0.65 per-contract fee. Sales are subject to a transaction fee of between $0.01 and $0.03 per $1,000 of principal. There are costs associated with owning ETFs. To learn more about Merrill pricing, visit our Pricing page.
Footnote 1 Other fees may apply. Sales of ETFs are subject to a transaction fee of between $0.01 and $0.03 per $1,000 of principal. There are costs associated with owning ETFs and mutual funds. To learn more about pricing, visit our Pricing page.

Footnote 
Eligibility: Merrill waives its commissions for all online stock, ETF and option trades for Preferred Rewards members and Bank of America Private Bank clients with an individual or jointly owned self-directed personal CMA® or IRA account. $0 trades become effective within one week of enrollment into Preferred Rewards, or for new accounts for Preferred Rewards enrolled clients within one week of account opening.

For details about commissions, transaction fees and any other fees that may apply, visit our Pricing page. $0 option trades are subject to the standard $0.65 per-contract fee. Other restrictions may apply. Preferred Rewards for Wealth Management clients (formerly known as Banking Rewards for Wealth Management), other than Bank of America Private Bank clients, do not receive Merrill Edge® Self-Directed commissions waivers. To learn more, visit our Preferred Rewards page.

Options involve risk and are not suitable for all investors. Certain requirements must be met to trade options. Before engaging in the purchase or sale of options, investors should understand the nature of and extent of their rights and obligations and be aware of the risks involved in investing with options. Prior to buying or selling an option, clients must receive the options disclosure document "Characteristics and Risks of Standardized Options." Call the Investment Center at 1.877.653.4732 for a copy. A separate client agreement is needed.
Footnote 
You are eligible to enroll in the Preferred Rewards program if you have an active, eligible Bank of America® personal checking or Bank of America Advantage Banking account and maintain a three-month average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill 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. The combined balance is calculated based on your average daily balance for a three calendar month period. Certain benefits are also available without enrolling in Preferred Rewards if you satisfy balance and other requirements. Your benefits become effective within one month of your enrollment, or for new accounts within one month of account opening, unless we indicate otherwise.

For details on Employee qualification requirements, please visit the Employee Financial Services website. Merrill Lynch Wealth Management clients with greater than $250,000 in assets with Bank of America and Merrill are not eligible for Preferred Rewards but have access to other benefits through Preferred Rewards for Wealth Management. Please speak with your Merrill Lynch financial advisor for details.
Footnote 
The Chief Investment Office (CIO) develops the investment strategies for Merrill Guided Investing and Merrill Guided Investing with Advisor, including providing its recommendations of ETFs, mutual funds and related asset allocations. Managed Account Advisors LLC (MAA), Merrill's affiliate, is the overlay portfolio manager responsible for implementing the Merrill Guided Investing strategies for client accounts, including facilitating the purchase & sale of ETFs and mutual funds in client accounts and updating account asset allocations when the CIO's recommendations change while also implementing any applicable individual client or firm restriction(s).

You may also be able to obtain the same or similar services or types of investments through other programs and services, both investment advisory and brokerage, offered by Merrill; these may be available at lower or higher fees than charged by the Program. The services that you receive by investing through Merrill Guided Investing or Merrill Guided Investing with Advisor will be different from the services you receive through other programs. You may also be able to obtain some or all of these types of services from other firms, and if they are available, the fees associated with them may be lower or higher than the fees we charge.
Footnote Footnote 
Merrill Edge MarketPro® is available to clients who maintain a Merrill Edge self-directed relationship. To qualify, you must maintain total combined balances of $50,000 or more in your Merrill Edge and Merrill Lynch investment accounts and Bank of America, N.A. deposit accounts, or make at least 15 self-directed trades per quarter. Preferred Rewards Platinum or Preferred Rewards Platinum Honors also qualify. Not available to investment professionals or for trust accounts and business accounts. Relationship requirements and pricing are subject to change.
Footnote 
Certain banking and brokerage accounts may be ineligible for real-time money movement, including but not limited to transfers to/from bank IRAs (CD, Money Market), 529s, Bank of America Advantage SafeBalance Banking™, Credit Cards and transfers from IRAs, Loans (HELOC, LOC, Mortgage) and accounts held in the military bank. Accounts eligible for real-time transfers will be displayed online in the to/from drop down menu on the transfer screen.
Footnote Footnote 
Merrill Guided Investing and Merrill Guided Investing with Advisor have an annual program fee of 0.45% and 0.85%, respectively, based on the assets held in the account. This fee is charged monthly in advance. In addition to the annual program fee, the expenses of the investments will vary based on the specific funds within each portfolio. Actual fund expenses will vary; please refer to each fund's prospectus. To learn more about pricing, visit the Merrill Guided Investing Program Brochure (PDF) or the Merrill Guided Investing with Advisor Program Brochure (PDF).
Footnote Footnote 
Institutional Investor magazine announced BofA Merrill Lynch Global Research as one of the top global research firms from 2011-2018 based on surveys held throughout the year. The magazine creates rankings of the top research analysts in a wide variety of specializations, drawn from the choices of portfolio managers and other investment professionals at more than 1,000 firms. BofA Merrill Lynch Global Research is research produced by BofA Securities, Inc ("BofAS") and/or one or more of its affiliates. BofAS is a registered broker-dealer, Member SIPC popup, and wholly owned subsidiary of Bank of America Corporation. For more information about this award, go to Institutional Investor popup. Rankings and recognition from Institutional Investor are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results and such rankings should not be construed as an endorsement.
Footnote 
J.D. Power 2018 Certified Contact Center ProgramSM recognition is based on successful completion of an evaluation and exceeding a customer satisfaction benchmark through a survey of recent servicing interactions. For more information, visit J.D. Power popup. The ranking or ratings shown here may not be representative of all client experiences because they reflect an average or sampling of the client experiences. These rankings or ratings are not indicative of any future performance or investment outcome. Participation in this survey was paid for by Merrill Lynch.
Footnote 
Merrill Edge Self-Directed was ranked 5 out of 10 online brokers by Kiplinger's Personal Finance's "Best Online Brokers," survey August 2019. To be included, firms had to offer online trading of stocks, ETFs, funds and individual bonds. Results based on ratings in the following categories: commissions and fees, investment choices, mobile app, tools, research, advisory services and user experience. Learn more at Kiplinger's Personal Finance popup, August 2019 © 2019 The Kiplinger Washington Editors. Used under License. Merrill provides access to research from BofA Merrill Lynch Global Research, CFRA (powered by S&P Global), Morningstar and others. Rankings and recognition from Kiplinger's are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results and such rankings should not be construed as an endorsement.
Options involve risk and are not suitable for all investors. Certain requirements must be met to trade options. Before engaging in the purchase or sale of options, investors should understand the nature of and extent of their rights and obligations and be aware of the risks involved in investing with options. Prior to buying or selling an option, clients must receive the options disclosure document "Characteristics and Risks of Standardized Options (PDF)." Call the Investment Center at 877.653.4732 for a copy. A separate client agreement is needed. Multi-leg option orders are charged one base commission per order, plus a per contract charge.
BofA Merrill Lynch Global Research is research produced by BofA Securities, Inc. ("BofAS") and/or one or more of its affiliates. BofAS is a registered broker-dealer, Member SIPC, and wholly owned subsidiary of Bank of America Corporation.

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Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.

Asset allocation, diversification and rebalancing do not ensure a profit or protect against loss in declining markets.
Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as "MLPF&S" or "Merrill") makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation ("BofA Corp."). MLPF&S is a registered broker-dealer, a registered investment adviser, Member Securities Investor Protection (SIPC) popup and a wholly owned subsidiary of Bank of America Corporation ("BofA Corp").
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Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.

Investment products offered through MLPF&S and insurance and annuity products offered through MLLA:
Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value
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