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      04-07-2011, 08:20 PM   #65
Echo M3
Drives: E90 M3
Join Date: Sep 2009
Location: NY

Posts: 1,431
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Originally Posted by persian54 View Post
I beg to differ.

If you have 25k in there, you get 30 trades free per month on Merrill Lynch

and after that its only $5 per trade.

Can't really beat that..
It's also an epic waste of money leaving $25k in an account generating essentially 0% interest just to get 30 free trades (~$300 value, giving you a grand 1.2% yearly interest on your deposit).

You're better off finding a higher interest-yielding account or money market fund and making your trades via a 3rd party like ameritrade.
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