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		Around 1,800 ETFs from about 100 other companies
Broker Assisted Trades	$29.95	$25.00
Customer Service	24/7	Monday-Friday 8am -10pm ET
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
Locations	More than 2,100 Bank of America locations	No
Online Community	No	No
Seminars	Yes	Yes
Virtual Trading	No	No
	CreditDonkey® Reviews
Stock Trading
Options Trading
Mutual Fund Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Pros & Cons		Pros: 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 Line		Good choice for ETF and mutual fund investors interested in Vanguard-sponsored investments... Read full review
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Merrill Edge: Pricing information from published websites as of 07/10/2020. Vanguard: Pricing information from published websites as of 09/15/2019.

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.