Frequently Asked Questions about Enrollment
 
1. What types of accounts can I open?
2. Am I eligible? 

You must be a resident of the United States and have a Social Security Number.

 
3. What do I need to use this service? 
  • Personal computer with Microsoft Internet Explorer or Netscape Communicator, version 4.0 or higher (or compatible software, such as AOL 4.0)
  • Adobe Acrobat Reader 4.0 (download for free) or plug-in
  • Internet access (at your cost)
  • E-mail address 
  • Printer, if you wish to enroll online
4. How can I enroll?
  • Enroll Online 
    Enrolling online will take approximately 10 to 20 minutes to complete. Upon entering your enrollment information online, print the completed online application, sign and mail it to us. As soon as you fund your account, you can begin trading. 
5. How can I fund my account?

You may fund your account by check or by transferring funds from another Merrill Lynch account. Additionally, you can transfer funds from another financial institution. A CMA account must be funded for a minimum of $2,000 (cash and/or securities). Retirement accounts must be funded for a minimum of $250.00 (view additional funding information).
6. Are there any fees associated with a Merrill Lynch Direct Account?
 
View details on fees.