The Motley Fool Discussion Boards

Previous Page

Financial Products & Services / Discount Brokers


Subject:  Re: $0 Commission / Merrill Edge / True? Date:  12/15/2012  12:12 AM
Author:  Rayvt Number:  50049 of 50471

Ha! Just this afternoon I did a face-palm when it hit me that I don't have to pick just ONE broker to transfer my IRA to. Duh!

And right now lots of brokers are offering attractive bonuses to move your account to them. Etrade will give you up to $600. Merrill will give you up to $500. Wells Fargo, alas, isn't offering anything.
If your account is large enough, you could split it up and collect $1100, and get 30 free stock/etf trades at Merrill and cheap(er) fund commissions at Etrade.

Don't know how often I'd trade, but 30 * 12 is a lot more than 100. Heck, IB charges me minimum $10 commission per month, even if I don't place any trades.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us