Save money and be informed. CreditDonkey is a personal finance comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Merrill Edge vs Vanguard


 

Merrill Edge

Vanguard

SPECIAL OFFER
$100 Bonus Offer - Learn More

Norton Internet Security 60-day free subscription - Learn More

Read Vanguard Review

 

Benefits and Features

Stock Trading
$0 per trade
$0
Options Trading
$0 + $0.65 per contract
$0 + $1-per-contract fee. Discounts available if you have more than $1 million assets invested in Vanguard ETFs and mutual funds
Minimum Deposit
$0
$0
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 Vanguard mutual funds
Commission Free ETFs
Check
Around 1,800 ETFs from about 100 other companies
Broker Assisted Trades
$29.95
$25.00
Inactivity Fee
None
$0
Maintenance Fee
$0
$20/year. Waived if account owner signs up for e-delivery service OR have at least $10,000 in Vanguard ETFs and mutual funds
Banking
Through Bank of America
No
Mobile App
Yes
Yes
Desktop App
Yes
Yes
Forex Trading
No
Yes
Futures Trading
No
No
Customer Service
24/7
Monday-Friday 8am -10pm ET
LocationsMore than 2,100 Bank of America locations
No
Online Community
No
No
Seminars
Yes
Yes
Virtual Trading
No
No
 

CreditDonkey® Reviews

Stock TradingStarStarStarEmpty StarEmpty Star
Options TradingStarStarStarStarEmpty Star
Mutual Fund TradingStarStarStarStarStar
Mobile AppStarStarStarEmpty StarEmpty Star
Commissions and FeesStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStar
ResearchStarStarStarHalf StarEmpty Star
Pros & ConsPros:
  • Large selection of mutual funds and commission-free ETFs
  • Broker assistance is available at no additional cost
  • Easy to use
Cons:
  • Commission structure penalizes frequent traders
  • Customer service wait times
  • Commission costs on non-Vanguard investment options
Bottom LineGood choice for ETF and mutual fund investors interested in Vanguard-sponsored investments... Read full review

Merrill Edge: Pricing information from published websites as of 10/17/2023.

Vanguard: Pricing information from published websites as of 10/17/2023.


Articles on Vanguard

Vanguard Review

Vanguard Brokerage may be a full-service broker, but typically long-term investors preferring ETFs and mutual funds see the greatest return on their investment with them.

Which Do You Think is Best?





You Might Also Like

Best Trading Platform for Beginners

Best Trading Platform for Beginners

Need help choosing a trading platform? Discover the 12 best for beginners in this comprehensive guide.

Compare Merrill Edge to:


You might also be interested in

How to Buy OTC stocks

How to Buy OTC stocks

Learn how to buy OTC stocks in a few simple steps. Discover the basics of OTC investing and make informed decisions.

Next Page:

About CreditDonkey
CreditDonkey is a personal finance comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2024 CreditDonkey Inc. All Rights Reserved.