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These are much less significant than typical commissions and other fees, so you likely don’t need to worry unless you’re trading large amounts of money. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) require their own regulatory fees. – Trading activity fees: $0.000119 per equity share $0.002 per options contract $0.00075 per bond – Options fee: $0.0140 per options contract – Section 31 fee: $0.000013 per $1.00 of transaction proceeds – Closeout fee: $0 (non-retirement account) or $49.95 (retirement account) – Domestic/International wire transfer: $24.95

– Representative-assisted corporate, municipal and government agency bonds: $1 + $29.95 service fee – Online corporate, municipal and government agency bonds: $1 – Representative-assisted treasuries: $29.95 – Representative-assisted no-load TF: $29.95 – No-load NTF: $0 ($39.95 if fund held less than 90 days) – Representative-assisted: $29.95 + $0.65 per contract Merrill Edge’s complete fee schedule is below: Merrill Edge Fees The required average balance to become a Platinum member is $50,000, whereas anyone who surpasses $100,000 is upgraded to a Platinum Honors tier. There is no minimum deposit necessary to join Merrill Edge, and the firm does not charge annual account fees.īoA Preferred Rewards members receive access to the firm’s proprietary Merrill Edge MarketPro® investment research service if they reach the “Platinum” or “Platinum Honors” tiers. In fact, stocks, ETFs and options are available for $0 per trade. Like much of the brokerage landscape, Merrill Edge has an extremely low-cost trading fee schedule. – Strong desktop platform and research tools But with an excellent desktop platform, high-quality customer service and plenty of investment insights, Merrill Edge is best suited for those who invest at their computer and who may need access to extra support. The Merrill Edge Self-Directed brokerage account was ranked 4 out of 11 online brokers by Kiplinger’s Personal Finance’s “Best Online Brokers,” survey August 2021. On the downside, Merrill Edge does not excel when it comes to its mobile app, which has a weaker interface. The firm has racked up its fair share of accolades in recent years.