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Merrill Lynch Fees Schedule for Self-Directed Account, IRA Rates, Margin Interest Rates, Hidden Fees, Cash Sweep, Stock Trading Costs, ACAT Fee in 2016



Merrill Edge Stocks and ETF Commissions


Online Trades $6.95
Representative-assisted trades $29.95
Automated phone trades
telephone system
$32.50



Merrill Edge Options Commissions


Online trades $6.95 + $0.75 per contract
Representative-assisted trades $29.95 + $0.75 per contract



Merrill Edge Mutual Funds Commissions


Load Waived, No Transaction Fee Funds (NTF) No charge per transaction
No Load, No Transaction Fee Funds (NTF) No charge per transaction
No Load, Transaction Fee Funds (TF) $19.95 per online transaction $29.95 per representative-assisted transaction
NTF Short-Term Redemption Fees
(if held less than 90 days)
$39.95
Load Funds See prospectus for fund's sales charges
No transaction fees
Intra-family exchange No charge



Fixed Income


U.S. Treasury: Bills, Notes, Bonds Price and yield as quoted
Agency: Discount, Notes, Bonds
Zero Coupon Bonds: Corporate, Government, Agency
Municipal Bonds
Corporate Bonds
Brokered Certificates of Deposit



Merrill Edge Margin Rates


Debit Balance Margin Rate
above $10,000,000 4.750%
$5,000,000 - $9,999,999 5.000%
$1,000,000 - $4,999,999 5.500%
$500,000 - $999,999 6.125%
$100,000 - $499,999 6.375%
$25,000 - $99,999 7.750%
under $25,000 8.875%



Merrill Edge Base Lending Rate (BLR)


The Merrill Edge Base Lending Rate (BLR) is 5.590%. Margin interest rates range from 4.750% - 8.875%.



Cash Management Accounts Fees


CMA Annual Account Fee

None
Minimum Initial Funding Requirement $0
Account Transfer Fee $49.95



Merrill Edge IRA Fees


Annual Custodial Fee None
Minimum Initial Funding Requirement
$0
Account Transfer & Closeout Fee $49.95



College Investing Fees


NextGen Direct 529
Annual Account Fee None
Minimum Initial Funding Requirement
$25. Initial funding may not be required for certain grant-eligible Maine residents.
All fees and expenses are described in the Program Description
Closeout Fee None
UGMA/UTMA Custodial
Annual Account Fee
None
Minimum Initial Funding Requirement $0
Account Transfer Fee $49.95



Merrill Edge Business Accounts Fees


WCMA/BIA Account Annual Account Fee None
Minimum Initial Funding Requirement
$0
Account Transfer & Closeout Fee $49.95




Related articles:     Roth IRA offers      Scottrade vs Fidelity      Discover Bank money market review





Additional Merrill Edge Fees


Merrill Edge CMA Access Visa card No charge
ATM Transaction Fee

No charge

Some ATM owners/operators may charge a fee for the use of their machines.

Visa International Transaction Fee 2% of the U.S. dollar amount of all transactions occurring outside the U.S. that are submitted to Visa in a currency other than U.S. dollars
Visa cash advance fee (non-ATM) 0.25% of principal ($2.50 minimum)
Checkwriting
No charge
Additional Check Printing No charge
Bill Payment No charge
Cancelled Check Fee $3
Returned Check Fee $30
Stop Payment Fee $25
Returned ACH Debit Fee $30
Partial Account Transfer No charge
Wire Transfer Fee $24.95 Domestic or International
Register & Ship (Delivery Non-Government Security) $25 statement of security ownership (DRS Eligible)
$500 physical certificate of security (Non-DRS Eligible)
Government Security Transfer Fee $125
Fund Transfer Services Returns $10
Trade Confirmation Copy Request $3
Overnight Mail (for Mandatory Retirement distributions only) No charge
Return Deposits $20
Overnight Mail Request $25
Bond Coupon Deposit Fee $5
Past Due Exchanges $50
Security Reorganization $30 Voluntary
Paper Statement Request $5 per statement


Please note that fees and commissions apply only to Merrill Edge self-directed investing accounts. These do not apply to any other Merrill Lynch, Pierce, Fenner & Smith accounts.

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

1$0 trades are only available with an individual or joint Merrill Edge self-directed brokerage account. When placing a trade, Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) determines whether you meet the balance or relationship requirements to qualify that trade for the $0 waiver. To determine the number of qualifying trades, MLPF&S adds the qualifying trades in your individual accounts and joint accounts. Commission fees apply when qualification requirements are not met, or when you exceed the number of qualifying trades a month. Brokerage fees associated with, but not limited to, margin transactions, option trading, special stock registration/gifting, account transfer and processing, research request and termination apply.

a) Commissions are waived for 30 online equity trades each month including stock and exchange traded funds (ETFs) on behalf of MLPF&S, for customers who meet any one of the following criteria: i) Combined total of $25,000 or more in your deposit accounts at Bank of America, N.A.. MLPF&S adds the average collected balances in your deposit accounts as of the prior month to the balances in your bank CD and IRAs as of the prior business day. Bank deposit accounts with the same Social Security number (SSN) as the SSN(s) on the self-directed brokerage account are systematically included in the balance determination. Standard deposit account fees apply.
ii) Or combined balance of $25,000 or more in cash balances in one or more of the following sweep options in your Merrill Edge self-directed account(s) as of the prior business day:
- Bank Deposit Accounts sweep option with your Cash Management Account® (CMA®)
- Retirement Assets Savings Program II sweep with your IRA
iii) Or Client of U.S. Trust
iv) Or Client of Platinum Privileges
v) Or Client of Preferred Rewards Platinum

b) Commissions are waived for 100 online equity trades each month including stock and ETFs on behalf of MLPF&S, for customers who meet any one of the following criteria:
i) A Client of Preferred Rewards Platinum Honors
ii) Or Client of Banking Rewards Wealth Management U.S. Trust


Merrill Edge Review and Website Link


Read full Merrill Edge Review.

Merrill Edge Fees are as of 2016 and are subject to change. For the most recent information go to their website:


Merrill Edge Fees

Updated on 3/17/2016.



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