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Non-Tech : MER MERRILL LYNCH & CO.

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To: puborectalis who wrote (217)1/24/2000 9:24:00 PM
From: Curly Q  Read Replies (1) of 266
 
Has anyone here opened an "unlimited advantage" account at Merrill?

I went to their website and requested information. The brief description indicates its an account which charges an asset based fee, minimum $1500. No commissions on trades.

But the description states that the account is not for extreme trading.

It seems though that for an active trader, say 10 p&s transactions per month, the transaction costs would be lower even than etrade. Their site will probably rise to the top in terms of reliability. I read in IBD that they are using Mercury Interactive to put the site through the paces through rigorous testing.
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