CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Bank of America

CFD on the Bank of America Merrill Lynch (BOA) stock quote.

 SELL Open a SELL trade on  SELL Open a SELL trade on Of current open trades, % are BUY and % are SELL BUY  Open a BUY trade on BUY  Open a BUY trade on   The daily price change of
Product Type: Stock CFD
Sector: FinancialsIndustry: Banks
Country: United States (US)Currency: USD
Trading Hours: According to marketMeasurement Unit: Shares
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The Bank of America Corporation is a multinational holding company that provides banking and financial services to individual customers, businesses, institutional investors, corporations and governments. Alongside Citigroup, JPMorgan Chase and Wells Fargo, Bank of America is one of the so-called Big Four banks in the United States. The bank is primarily focused in America, with some 90% of its revenues generated in the US.
Interesting Facts:
  • BOA’s acquisition of Merrill Lynch in 2008, worth $50 billion, made it the largest financial services company in the world at the time
  • From 2011 to 2014 the bank began a process of rationalization and reduced its employee numbers by approximately 35,000, intending to save $5 billion over that period
  • The share price of BOA began 2018 by rising beyond $30, its highest level since October 2008 amid optimism over the company’s future