Merrill Edge doesn’t charge commissions on stock and ETF trades. You don’t pay account maintenance fees either.
However, different order types and investments have various fees:
- Broker-Assisted Trades: $29.95.
- Options: $0.65 per contract.
- Mutual Funds: $19.95 for funds outside of the no transaction fee (NTF) group
- Fixed Income & Bonds: $1 per bond ($10 minimum and $250 maximum)
- Margin Rates: Ranges from 7.50% plus base lending rate to 8.50% plus base lending rate depending on loan amount. Merrill Edge doesn’t include pricing for customers with $250,000+ in assets or margin loans greater than $1 million.
Finally, you pay various account fees in some scenarios:
- Canceled Checks: $3.
- Returned Deposits: $20.
- Wire Transfer: $24.95.
- Stop Payments: $25.
- Full Account Transfers: $49.95.
- Account Closeout: $49.95.