Merrill EdgeReviews of merrilledge.com

I have been a using Merrill Edge for 16 years now since Bank of America bought them out. It is ok. I like how fast I can move money out of my Roth-IRA to my bank account or my regular brokerage account. I don't pay commission, so I trade for free, and options are only $0.65 a contract. Their interest on idle cash is terrible and they do not give you money for stock loans (IBKR does) as all brokerages loan stock. Also, when needing help, you get an American, not some foreigner whose English is not US English. Yes we may speak English but they call a band aide a plaster, vacuuming is hoovering, sneakers are trainers, dinner is tea time, we buy a round-trip ticket they say return, gas is petro, etc..

Good 1: Free trades for clients with accounts of 50k+. Good 2: Clients with BoA accts can shift money between Merrill and BoA seamlessly. Bad 1: Their website is poorly organised, non-intuitive, difficult to find anything. Bad 2: Their trading platform is not user friendly. Was never able to get the software to shake hands with my computer. Have to maintain another brokerage to use their trading platform. Bad 3: Their research data section is weak. Fidelity is a far better website for that. Bad 4: Very difficult to arrange face time with any reps, because they are present at so few BoA branches, and where they are present, are rarely in.