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Merrill Edge 30 free trades/month

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发表于 2014-2-1 07:56 PM | 显示全部楼层 |阅读模式


Consider opening an account with Merill Edge for stock trading. (Currently using IB.) It offers 30 free trades per month if one has a balance of $25,000 with a Bank of America deposit account. Anyone has been using Merrill Edge? What is your experience with it? Thanks.
发表于 2014-2-1 08:05 PM | 显示全部楼层
IF you are not DT (above 15 trade a day), do not CONSIDER TO use it.
便宜无好货!EXEACTLY!
回复 鲜花 鸡蛋

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发表于 2014-2-2 12:36 AM | 显示全部楼层
ML的研究报告蛮多的。
回复 鲜花 鸡蛋

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发表于 2014-2-2 04:59 PM | 显示全部楼层
I have ME for many years, actually it was BOA account at first.
30 free trades per month is nice, save your trading cost.  
It could lock your cash up, but I think it is a good idea, because you don't want to bet too much at first.
I used it as separate lab to test out my trading ideas.
Paper trade and back test is not enough.
Only last year, I added IB because the cost of trading is also low, about $1.00 for buying 100 shares and $1.03 for selling 100 shares.
If you are doing DT, ME is actually not good.
Right now, I use IB to do short term, ME to do the short-mid term, and use company 401K to do long term.

Good luck.

回复 鲜花 鸡蛋

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发表于 2014-2-3 02:52 PM | 显示全部楼层
I am using it for almost two years now. It is very good because I am not a short term trader, so I don't care that much about execution. It saves hundred to thousand dollars of trading cost a year.
There are lots of research reports too, even though I rarely read them…but they are available. I would definitely recommend Merrill.
回复 鲜花 鸡蛋

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