Moomoo vs Merrill Edge

Moomoo is a low-cost way to trade US, HK, and A-shares assets with advanced research tools. How does it compare to Merrill Edge? Read our comparison chart below.

Moomoo lets you invest in US-listed stocks, options, and ETFs with $0 commission. Its award-winning investment app has no platform fees, inactivity fees, or minimum investment requirements. It provides access to Hong Kong and A-shares and has extended trading hours.

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 Moomoo with Merrill Edge, side-by-side.

	Moomoo	Merrill Edge

	Visit Site	Learn More
	SPECIAL OFFER Deposit $100,000, get $1,000 in NVDA stock + 8.1% APY on uninvested cash - Learn More Read Moomoo Review	SPECIAL OFFER $100 Bonus Offer - Learn More
	Benefits and Features
Stock Trading	$0 commission on US stocks and ETFs	$0 per trade
Options Trading	$0 for US Options; $0.50 per contract for Index Options	$0 + $0.65 per contract
Annual Fee	None
Cryptocurrency Trading	Yes
Minimum Deposit	$0	$0
Mutual Fund Trading	No	$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	3,030 US-listed ETFs
Phone Support	+1 888 721 0610 (Trading days: 8:30 - 16:30 ET)
Live Chat Support	Yes
Email Support	Yes (cs@us.moomoo.com)
Human Advisors	No
Robo Advisor	No
Assets Under Management	Total client assets of HK$468.1 billion as 09/30/2023
Penny Stocks	Yes
Tax Loss Harvesting	No
Goal Tracker	No
Automatic Deposits	No
Broker Assisted Trades	Not available	$29.95
Good For	Traders looking for access to Hong Kong and A-shares assets
Inactivity Fee	$0	None
Maintenance Fee	$0	$0
Online Platform	Yes
iPhone App	Yes (4.6 stars, 19k ratings)
Android App	Yes (4.6 stars, 18k ratings)
Banking	No	Through Bank of America
Mobile App	Yes	Yes
Desktop App	Yes	Yes
Two-Factor Authentication	SMS
Forex Trading	No	No
Futures Trading	No	No
Bond Trading	No
CFD Trading	No
Currency Trading	No
Customer Service	Live Chat (24 hours); Phone: +1-888-721-0610 (Trading day: 08:30AM - 04:30PM EST); Email: cs@us.moomoo.com	24/7
Locations	Online only	More than 2,100 Bank of America locations
Online Community	Yes	No
Seminars	Yes	Yes
Trading Platform	Desktop, Mobile Apps
Virtual Trading	Yes. Virtual account for each market with 1 million (USD/HKD/CNY/SGD/CAD) in each account	No
Fractional Shares	Yes
Taxable Accounts	Yes
401k Plans	No
IRA Accounts	No
Roth IRA Accounts	No
SEP IRA Accounts	No
Trust Accounts	No
529 Plans	No
	CreditDonkey® Reviews

Stock Trading
Options Trading
Minimum Deposit
Mobile App
Commissions and Fees
Customer Service
Ease of Use
Research
Pros & Cons	Pros: Commission-free trading Free paper trading Access to Hong Kong and A-shares Cons: May be overwhelming for beginners No forex, bonds or mutual funds
Bottom Line	Low-cost way to trade US, HK, and A-shares assets with advanced research tools... Read full review
	Visit Site	Learn More
	Deposit $100,000, get $1,000 in NVDA stock + 8.1% APY on uninvested cash Deposit $50,000, get $400 in NVDA stock + 8.1% APY on uninvested cash Deposit $10,000, get $200 in NVDA stock + 8.1% APY on uninvested cash	$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. Moomoo: Pricing information from published website as of 05/03/2024. Merrill Edge: Pricing information from published websites as of 08/01/2024.