Merrill Lynch review

Merrill Lynch Promotions 2015

Current 2015 Merrill Lynch promotion code/bonus offer: $600 free. Best Merrill Lynch promotions for opening new account for new and existing customers depositing cash into regular brokerage individual/joint account, ROTH IRA, 401K Rollover IRA, or Traditional IRA.

Merrill Lynch Promotions

Merrill Edge Promotion Code 1: Rollover or transfer your IRA to a new Merrill Edge® Individual Retirement Account and receive up to $6001 in your account.

Merrill Edge Promotion Code 2: Open a new 529 plan with $5,000 and get $50* added to your account.

Merrill Lynch Promotions Details

Offer valid for new Merrill Edge IRA or CMA accounts. Limit one Merrill Edge promotion offer per account and two per individual. IRAs limited to Rollover, Traditional, Roth and Sole-Proprietor SEP IRAs only. This offer does not apply to Business/Corporate Accounts, Investment Club Accounts, Partnership Accounts and certain fiduciary accounts held at MLPF&S. Merrill Edge reserves the right to change or cancel this offer at any time.

Open a Merrill Edge IRA or CMA, fund the account within 30 days from sources outside Merrill Lynch and Bank of America, and maintain balance for 90 days. Assets held by 401(k) plans through Merrill Lynch are excluded. Cash reward qualifications: assets of $25,000 to $49,999 in cash and/or securities receive $100; for $50,000-$99,999, receive $150; for $100,000-$199,999, receive $250; for $200,000 or more, receive $600. Cash reward is a one-time deposit made within 30 days into your IRA or CMA after meeting qualifying criteria.

The $50 bonus is a one-time credit that will be applied to the newly opened NextGen College Investing Plan Account after the relevant qualification criteria are met. The $50 bonus will be paid during the calendar month after which the 90-day funding criteria are met; only one bonus per account. The $50 bonus will be applied to your account and invested in the various securities offered by the Plan based on your new-investment allocation in effect on the date that the bonus is provided. Merrill Edge reserves the right to change or cancel this offer at any time. Merrill Edge does not provide legal or tax advice. Please consult a legal or tax advisor regarding your individual circumstances.

Merrill Lynch Review and Rating

3-star brokerage firm rating

Top Brokerage Firms:
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  • Best rated customer service and $4.95 per trade at TradeKing
  • 50 free trades promotion at USAA

Merrill Lynch Commissions

Stocks and ETFs $6.95
Stocks and ETFs broker assisted $29.95
Stocks and ETFs automated phone trades $32.50
Options $6.95 + $0.75 per contract
Mutual funds $19.95
Merrill Edge self-directed mutual funds 0.75% gross proceeds, $50 minimum, $250 maximum

Investments stocks, bonds, mutual funds, options, ETFs, bills, notes, bonds, CDs
Merrill Edge minimum deposit to open account $0
FeesMerrill Lynch fees

This article was updated on 9/17/2015.

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The stock brokerage firm you select is solely responsible for its services to you, the user. shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of a brokerage house's services. has partner relationships with other companies. As a partner, we often provide reviews of products and services based on our personal opinions. We are not compensated for positive reviews. While we strive to make sure that the information we present here is true and accurate upon publication, the rates and offers that we share with you may change without notice, so please visit the sites we reference for more up to date information.