Average Joe Investor

Bank of America's Free Stock Trading: How "Free" Is It?

I don't know that I read anywhere that the funds had to be in any particular BoA account. A prospective trading customer could open a trading account with a $25k equity slug and go crazy with their 1.4 trades/day. There are also a lot of BoA customers who already have $25k or more housed w/ BoA, but are handling their equity accounts elsewhere - the free trades will (hopefully) bring that arm of the business back to them.

Joe