Merrill Edge Login


Customers can safely log on into their MerrillEdge.com account by clicking "Merrill Edge Login" button link below which will take them to the Merrill Edge login page (member sign in screen).


Merrill Edge Login


While Merrill Edge does have the financial strength of Bank of America backing it up, the broker nevertheless has a number of flaws that investors should be aware of. For example, the securities firm charges $6.95 commissions on stocks and ETF's, while Firstrade and Ally Invest are at much lower, $0 and $4.95 per trade rate respectively. Option contracts at Merrill are 75¢, while Firstrade charges just 0¢, and Ally Invest charges 65¢ (50¢ for active traders).

Merrill Edge charges $19.95 for every purchase or sale of a transaction-fee fund. Ally Invest and Firstrade charge only $9.95.

Merrill Edge only provides its customers with 3,900 mutual funds. This is much lower than the 13,000 that TD Ameritrade offers. Fidelity's clients can trader more than 11,500 funds, while Wellstrade provides 10,000 funds. Merrill Edge customers have access to 828 no-load, no-transaction-fee funds. This list is also pretty small by industry standards. Schwab, for example, offers 3,100, and TD Ameritrade has 2,300.

Merrill Edge customers also get no ETF's that are commission free. Several other brokers nowadays do offer their clients a selection of ETF's that are free to trade. TD Ameritrade has more than 300 exchange-traded funds that are free to buy and sell. Even the small-size Firstrade has a list of 12.

Merrill Edge does have an advanced desktop platform, but it comes with active trader requirements. Clients must execute at least 15 trades every quarter, or maintain combined balances across Merrill Edge and Bank of America accounts of at least $50,000. Schwab, by comparison, only requires a $1,000 account balance to use its advanced trading system. TD Ameritrade has no requirement at all for either of its platforms.

There isn't a community forum on the Merrill Edge website where traders can discuss market news and post questions for the firm's associates. Ally Invest and TD Ameritrade investors do have this benefit.

None of Merrill Edge's technology has paper trading (practice trading) capability. The lack of such a feature is a disappointment, because practice trading allows beginners to learn a software program first before risking real money. TD Ameritrade has such technology.

The Merrill Edge mobile app doesn't have live streaming of investment news. Other firms, such as Schwab and Fidelity, do offer live financial news at no cost. E*Trade offers live streaming of CNBC, although customers have to pay for it. The Merrill Edge mobile app has 22 technical studies, including volume. By comparison, TD Ameritrade's thinkorswim app has approximately 400 technical indicators. The Merrill app cannot be used on Kindle Fire or devices that run Windows. The Vanguard app can be used on Kindle, while E*Trade's mobile platform can be used on Windows 10 Mobile.

Despite the broker's affiliation with Bank of America, there are no Merrill Edge branch locations. The broker does have investment advisors inside some Bank of America branches. However, these are not full-service offices. They only provide investment advice for a fee. Other brokers, such as TD Ameritrade and Charles Schwab, have nationwide networks of branch locations.



Merrill Edge rating


Merrill Edge is an on-line discount firm that offers self-directed accounts with no minimums or annual fees. The broker is actually a subsidiary of Merrill Lynch, a full-service firm, which in turn is owned by Bank of America.

Merrill Edge offers higher than average commissions for brokerage services - $6.95 for stocks and ETF's. Traders receive a well-designed website that has a large selection of educational and research materials free of charge. The firm offers account help around the clock. Merrill Edge also provides advanced trading technology, including a sophisticated trade ticket within the website, a platform for Apple Watch, and a desktop system.

The brokerage house offers a decent amount of value to prospective customers. It provides a good independent 3rd party investment research from a few research firms. There are also good banking services available for convenience to all account holders.



MerrillEdge.com Login

You could click on Merrill Edge Login screenshot above and the link will take into Merrill Edge's log on screen.





Step-by-step instructions on how to buy stocks and ETFs with Merrill Edge


Investors who want to buy and sell stocks with a low-cost brokerage firm should consider Merrill Edge. With an excellent website, trading equities with the broker is a snap. Just use the following instructions, and you'll be able to trade in no time.


1. Go to MerrillEdge.com and login


Login at MerrillEdge.com using your password and User ID. If you need any assistance, give Merrill Edge a call at 1-877-653-4732. They have reps available 24/7, including technical specialists. After entering the correct credentials, you will see your securities account. You can also link any Bank of America accounts you may have so that all accounts are available with a single login. If you need help while you're logged in, just click on 'Help & Support' in the upper right of the browser.


merrill edge login


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2. Conduct Research First


Click on 'Research' and then select 'Stocks' from the drop-down menu. Here, Merrill Edge provides a wealth of vital information in the security analysis process. The firm has an excellent stock screener that scans for equities based on criteria such as market cap, dividend yield, and P/E ratio. Predefined screens are also on the Merrill Edge website that cover important categories, such as stocks with high revenue growth or stocks near a 52-week low.


merrill edge login page


After you've narrowed down your search, it's time to pick a stock. Let's say you decide to purchase Exxon Mobil (the ticker symbol is XOM). Type in the ticker or company name in the 'Quote' field. You will then see a drop-down menu displaying several company choices. Click on the stock you're looking for. A box of vital information on that stock will automatically appear. Data such as dividend yield and a small graph are shown. You can click on 'Trade' if you have done enough research and are ready to place a buy order. Clicking on 'Research' will take you to more information about the stock. Here, you will find free stock reports from Morningstar, S&P Capital IQ, and Merrill Lynch. These valuable documents can give you an idea of how professional analysts view a possible investment.


merill edge log in