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Merrill Lynch Deposit
Rating Index
Pros
Competitive fees with $0 commissions for stock and ETF trades.
Excellent research and educational resources available for clients.
Seamless integration for Bank of America customers, allowing easy management of banking and investment accounts.
Cons
Limited trading options, with no access to futures, cryptocurrencies, or forex trading.
Customer service issues reported, including long wait times and inconsistent support.
High fees for certain products and services, particularly for broker-assisted trades and margin interest.
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