TD Ameritrade vs Merrill Edge

TD Ameritrade is a good online broker for long-term investors. How does it compare to Merrill Edge? Read our comparison chart below.

TD Ameritrade offers $0 commission online stock, ETF, and option trades. This online broker also has more than 100 branch locations. There is no minimum deposit, no maintenance fee, and no inactivity fee.

While Merrill Edge (a subsidiary of Bank of America) offers stock trades at $0 commission and options trading at $0 + $0.65 per contract. There is no account minimum, no maintenance fee, and no inactivity fee.

Compare TD Ameritrade with Merrill Edge, side-by-side.

	TD Ameritrade	Merrill Edge
	OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More Read TD Ameritrade Review	SPECIAL OFFER $100 Bonus Offer - Learn More
	Benefits and Features
Stock Trading	$0 commission for online stock, ETF, and option trades	$0 per trade
Options Trading	$0.65 per contract	$0 + $0.65 per contract
Cryptocurrency Trading	Yes
Minimum Deposit	$0	$0
Mutual Fund Trading	Up to $49.95 or $74.95 for buys. $0 for sells	$0 for no load, no-transaction-fee funds ($39.95 short-term redemption fee if the fund is held less than 90 days) $19.95 for no load, transaction-fee funds
Commission Free ETFs	550+ Commission-Free ETFs
Live Chat Support	Yes
Penny Stocks
Broker Assisted Trades	$25	$29.95
Inactivity Fee	$0	None
Maintenance Fee	$0	$0
Online Platform	Yes
Banking	Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.	Through Bank of America
Mobile App	Yes	Yes
Desktop App	Thinkorswim	Yes
Forex Trading	Yes	No
Futures Trading	$2.25 per contract (plus exchange & regulatory fees)	No
Bond Trading	Yes
CFD Trading	No
Currency Trading	Yes
Customer Service	(800) 669-3900 (Open 24/7)	24/7
Locations	More than 100 locations in 34 states	More than 2,100 Bank of America locations
Online Community		No
Seminars	Online webcast	Yes
Trading Platform	thinkorswim
Virtual Trading	Yes	No
	CreditDonkey® Reviews
Stock Trading
Options Trading
Banking
Mobile App
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Pros & Cons	Pros: Easy to Use Thinkorswim Platform Customer Service Cons: Trade Fees
Bottom Line	Good online broker for long-term investors... Read full review
	Commission-Free Trading - Online Stock, ETF and Option Trades Open an IRA in 15 minutes or less	$100 Bonus Offer $150 Bonus Offer $250 Bonus Offer
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. TD Ameritrade: Pricing information from published website as of 09/05/2023. Merrill Edge: Pricing information from published websites as of 10/17/2023.

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing TD Ameritrade or Robinhood.

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