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Author: Gordogato Big red star, 1000 posts Old School Fool Ticker Guide Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 50229  
Subject: Re: $0 Commission / Merrill Edge / True? Date: 12/11/2012 4:13 PM
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The only catch is that you have to keep the $25,000 in cash deposit accounts with Bank of America or in your brokerage cash sweep account (read the fine print, footnote 1, at the bottom of the page you linked to). That $25,000 cannot be invested. If you keep that much cash around normally, then it's a good deal.

Wells Fargo will give you 100 free trades per year as long as you have $25,000 value in all of your accounts (including the value of the stocks in your brokerage account). You get fewer free trades, but you're not committed to leaving cash sitting around at low interest rates. 100 trades is more than I use in a year, so WellsTrade is the better deal for me. I use WellsTrade as my brokerage, and then keep my emergency cash in a different on-line bank offering a higher interest rate.

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