Online Brokerage Account

Investing & Trading Overview > General Investing

Pursue your investment strategy with an online brokerage account

Open an online brokerage account and enjoy a streamlined investing experience that combines the convenience of Bank of America banking and the investing insights of Merrill Lynch. Select from a full range of investment choices including stocks, bonds, ETFs, options and thousands of well-known mutual funds.
May be a good move for...
  • New investors, experienced investors and active investors alike
  • The flexibility of a cash managed account
  • Accessing a full range of investment choices
 
Why Merrill Edge

Become a better informed investor

Generate investment ideas from BofA Merrill Lynch Global Research—ranked #1 Global Research House by Institutional Investor four years in a row.3 And gain added perspective with independent research from Morningstar, CFRA (powered by data from S&P Global) and Recognia. You can also get one-on-one support to make sure you are getting the most out of the resources Merrill Edge offers.
Streamlined investing:
Merrill Edge MarketPro for active investors
Are you an active investor?
Get more insights, more capabilities and more control with Merrill Edge MarketPro®4
Investing Made Simple

Frequently asked questions

What are the advantages of an online brokerage account?

  • Make real-time transfers between your Bank of America bank and Merrill Edge investment accountsFootnote5
  • Keep your long-term investments on track through access to a full range of investment choices
  • Trade throughout the day with access to your account anytime, anywhere on your mobile device
  • Monitor your investment performance so you know exactly where you stand
  • Manage everyday transactions with services such as check-writing, a Visa® deferred debit card and web bill pay

    If you need help, give us a call at 1.888.637.3343—24 hours a day, 7 days a week

What types of brokerage accounts can I open?

  • You have choices when it comes to accounts. Open an individual account, a joint account, or if you're investing on behalf of a minor, open a custodial account.

How do I fund my account?

Fund in one of four ways:
  1. Real-time instant fundingFootnote5—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 8-10 business days. Moving securities from one of your Merrill Edge accounts to another is real time.

What are my investment choices?

Access a full range of investments, including: stocks, exchange-traded funds (ETFs), bonds and thousands of well-known mutual funds.
For a simpler approach to investing, consider Merrill Edge Select® Portfolios, which offer a diverse portfolio of investments aligned to your goals and risk tolerance—pre-screened, monitored and adjusted by the professionals at Merrill Lynch.

Can I write checks from the cash management side of my investment account?

Yes. You can write an unlimited number of checks from your account.

Looking for one-on-one advice?
Meet with a licensed Merrill Edge Financial Solutions Advisor™ in person or on the phone, who will help you pursue your financial goals and plan for what matters most to you.
Getting Started

Three steps to get started with your Merrill Edge online brokerage account

1

Open your account

It takes just minutes to open your account online. Here's what you'll need.
If you need help, give us call at 1.888.637.3343 — 24 hours a day, 7 days a week.
 
2

Fund your account

Fund your account instantly in real time from your linked Bank of America bank account, and also by linking to an account at another financial institution. Or, transfer funds to your account by check, by wire transfer, or by transferring or rolling over an existing account.Footnote6 Learn how to fund your account.
 
3

Start investing

Create an investment strategy
Become a smarter investor with help from our Financial Learning Center. Here you'll learn how to make a plan and build a balanced portfolio aligned to your investing goals.
Find the right investments
Start your search for investment choices that may be right for your portfolio with Merrill Edge Select® Funds and ETFs—pre-screened by the professionals at Merrill Lynch. And generate more investment ideas with buy-rate equities evaluated by the professionals at BofA Merrill Lynch Global Research. Prefer building your own list? Narrow your choices with help from our powerful screening tools and independent research from Morningstar, CFRA (powered by data from S&P Global) and Recognia.
Manage your portfolio
Access your new Merrill Edge online brokerage account anytime, anywhere—online, on your mobile device and at thousands of Bank of America ATMs.
 
Looking for one-on-one advice?
Meet with a licensed Merrill Edge Financial Solutions Advisor™ in person or on the phone, who will help you pursue your financial goals and plan for what matters most to you.
Pricing & Fees

Pricing & fees

Everyday low pricing
Pay one flat rate for stocks and ETF trades with an online investing and trading account—regardless of your account balance or how often you trade. Other fees may apply.Footnote1
$6.95
$0 trades—up to 100 per monthFootnote2
Learn how to qualify for up to 100 $0 online stock and ETF trades per month with Preferred Rewards. Other fees may apply.Footnote1
$0

Brokerage account fees

Annual account fee
$0
Minimum funding requirement
$0
Additional transaction, service and
investment fees.
 
Looking for one-on-one advice?
Meet with a licensed Merrill Edge Financial Solutions Advisor™ in person or on the phone, who will help you pursue your financial goals and plan for what matters most to you.
Ready to get started?
888.637.3343
Call 24 hours a day, 7 days a week
600 dollar IRA offer
Get up to $600 when you enroll, open and fund a new Merrill Edge® investment account or IRA.
How to qualify
1 Other management and transaction fees may apply. In addition to your stock, ETF or option commission sell orders may also be subject to a transaction fee (of between $0.01 to $0.03 per $1,000 of principal). If applicable, this fee appears under "Transaction Fee" on a Trade Confirmation. There are other fees associated with investing in ETFs, Read the "Expenses & Charges" sections of the prospectus to find out what they are. Contact us to obtain a prospectus.

Eligibility: Commissions are only waived for online stock and ETF trades conducted via an individual or jointly owned online investing and trading personal CMA or IRA account.

Qualify for 30 $0 online stock and ETF trades per month as a Preferred Rewards Platinum client.

Or qualify for 100 $0 online stock and ETF trades per month (meet either one of these criteria):
  • Preferred Rewards Platinum Honors client
  • U.S. Trust Client
For details about commissions, transaction fees and any other fees that may apply visit merrilledge.com/pricing. Certain account types are not eligible. Other restrictions may apply. Relationship requirements and pricing are subject to change and/or termination without advance notice. For full details about ways to qualify for $0 trades, call 888.MER.EDGE (888.637.3343) or visit merrilledge.com/$0detail.
3 Institutional Investor magazine announced BofA Merrill Lynch Global Research as the Top Global Research Firm for 2011, 2012,2013 and 2014, 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. For more information about this award, go to www.institutionalinvestor.com/TopGlobalResearch2014.

4 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. To learn more go to merrilledge.com/marketpro.

5 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 and 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.

6 You have choices for what to do with your employer sponsored retirement plan. Depending on your financial circumstances, needs and goals, you may choose to roll over to an IRA or convert to a Roth, roll over to an employer sponsored plan from a prior employer to an employer sponsored plan at your new employer, take a distribution or leave the account where it is. Each choice may offer different investment options and services, fees and expenses, withdrawal options, required minimum distributions, tax treatment and provide different protection from creditors and legal judgments. These are complex choices and should be considered with care. Visit http://www.merrilledge.com/retirement/rollover-ira or call a Merrill Edge rollover specialist at 1.888.637.3343 for additional information about your choices.

BofA Merrill Lynch Global Research is equity research produced by Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or one or more of its non-U.S. affiliates.

Merrill Edge self-directed investing is intended to be a fully-electronic, internet based brokerage service. This means that all notices, statements, disclosures and other information regarding this service and your account will be sent to you electronically via www.merrilledge.com or to your last designated email address.

Please remember there's always the potential of losing money when investing in securities.

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. Orders which involve multiple option transactions will be charged a separate commission on each leg of the option order.

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