Merrill Edge vs E*TRADE
Merrill Edge | E*TRADE | |
|---|---|---|
$100 Bonus Offer - | Learn more about E*TRADE - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading |
| |
| 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:
| |
| 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. | ||
Articles on E*TRADE
ETrade
E*TRADE is a highly well-known name, but does that mean it is better than its competitors? Read our in-depth review and see how it compares.
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