Merrill Edge vs E*TRADE
Merrill Edge | E*TRADE | |
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$100 Bonus Offer - | Learn more about E*TRADE - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading |
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Minimum Deposit | $0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum | |
Mutual Fund Trading | $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 | $0 for no-load, no-transaction-fee funds; $19.99 for transaction-fee funds |
Commission Free ETFs | ||
Penny Stocks | ||
Broker Assisted Trades | ||
Inactivity Fee | ||
Maintenance Fee | ||
Banking | Checking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions. | |
Mobile App | ||
Desktop App | E*TRADE Pro (requires you to execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000) | |
Forex Trading | ||
Futures Trading | $1.50 per contract, per side + fees (excluding bitcoin futures) | |
Customer Service | ||
Locations | More than 2,100 Bank of America locations | |
Online Community | ||
Seminars | ||
Virtual Trading | ||
CreditDonkey® Reviews | ||
Stock Trading | ||
Options Trading | ||
Banking | ||
Mobile App | ||
Commissions and Fees | ||
Ease of Use | ||
Online Community | ||
Research | ||
Trading Platform | ||
Pros & Cons | Pros:
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Bottom Line | Online broker with one of the best user interfaces... | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Merrill Edge: Pricing information from published websites as of 10/17/2023. E*TRADE: Pricing information from published website as of 01/04/2024. |