Wednesday 26 March 2014

Merrill Edge Platform for Online Trading


Merrill Edge is a New York based company founded under the umbrella of Bank of America and provides online trading service which is responsible for providing information related to the Bank of America Merrill Lynch which is one of the leading financial service firms. Merrill Edge platform is also involved in assisting transfer of funds between Bank of America and Merrill Edge Investment firm along with customer services like Financial Solution Advisor and Merrill Edge Roadmap. The four main plans of company are; Retirement Plan further divided into Rollover IRA, Roth IRA and Traditional IRA, General Investing subdivided into Individual Investing, Join investing and Custodial Investing; Advised accounts and other popular accounts have Business Products, College Savings and Bank of America Products.
Merrill Edge online trading has a very simple policies and rules to follow such as no deposit requirement for opening account, zero commissions for mutual fund except for no load mutual funds, Stocks and ETFs ability to be traded for a small fee along with trading of options.  Traders holding a balance of $25000 in any form in account of Bank of America are allowed for zero commission 30 ETF trades. Clients who are honored with Platinum Privileges Program are also allowed for 30 ETF trades with no commission.
There are various mobile and desktop applications available for clients from the Merrill Edge Platform. This helps customers in online trading as they can easily access market analysis through Merrill Edge MarketPro. One can also be involved in online trading along with money transfer facility, trading of investment products and bill payments through mobile apps of iOS, Blackberry and Android.

According to Merrill Edge platform review the company has been granted with numerous awards and honors for its services and research. The company research has been ranked first by the Asia Best Stock Pricing analyst survey in 2012 whereas in the same year Wall Street rated BofA Merrill Lynch Global Research as second.

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