Great news — you now get unlimited FREE trades We are excited to announce that all Merrill Edge® Self-Directed clients get unlimited $0 online stock, ETF and option trades. In addition, we've lowered our per-contract fee for option trading to $0.65 — down from $0.75 per contract. Options contract and other fees may apply.* Want to save even more? You could get fee discounts and more rewards with everyday banking as part of the Bank of America Preferred Rewards program. Learn more about Preferred Rewards Eliminating online trade commissions is one more way we're helping to make our clients' financial lives better. Thank you for being a Merrill client. Sincerely, Aron Levine Head of Consumer Banking & Investments * Other fees may apply. Free and $0 means there is no commission charged for these trades. $0 option trades are subject to the standard $0.65 per‑contract fee. Sales are subject to a transaction fee of between $0.01 and $0.03 per $1,000 of principal. There are costs associated with owning ETFs. To learn more about Merrill pricing, visit our Pricing page.
Well, options are still $0 at Robinhood, so there is room to go lower. (though no portfolio margin at Robinhood)
I'm a Merrill Edge customer through BofA banking relationship. It's a retail platform. E.g. no direct access like IB. But overall not too bad if you are not doing superactive trading.
%% Pray you dont have to do a rep assisted trade =$29.95..................................................................................
brokers get paid on order flow from the market makers so it's not free. they still make profit as spreads are much higher. the published bid and ask in stocks is BS okay