Webull vs Merrill Edge
Webull is a good free trading app for more experienced investors. How does it compare to Merrill Edge? Read our comparison chart below.
Webull is a self-directed investment platform offering commission-free trading of stocks, ETFs, and options. It has a $0 minimum deposit and offers full extended hours trading. It also has a paper trading feature which lets you trade with unlimited virtual money.
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 Webull with Merrill Edge, side-by-side.
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| Visit Site | Learn More | |
Webull | Merrill Edge | |
|---|---|---|
12 Free Fractional Shares + 1 Month Webull Premium - | Merrill Edge Investment Account - Up to $1,000 Bonus - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | ||
| Annual Fee | ||
| Cryptocurrency Trading | ||
| Minimum Deposit | ||
| 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 | |
| Commission Free ETFs |  | |
| Phone Support | ||
| Live Chat Support | ||
| Email Support | Yes (customerservices@webull.us) | |
| Human Advisors | ||
| Robo Advisor | ||
| Assets Under Management | ||
| Penny Stocks | ||
| Tax Loss Harvesting | ||
| Goal Tracker | ||
| Automatic Deposits | ||
| Broker Assisted Trades | ||
| Good For | Experienced investors; Active traders | |
| Inactivity Fee | ||
| Maintenance Fee | ||
| Online Platform | ||
| iPhone App | Yes (4.7 stars, 296.2k ratings) | |
| Android App | ||
| Banking | ||
| Mobile App | ||
| Desktop App | ||
| Two-Factor Authentication | ||
| Forex Trading | ||
| Futures Trading | ||
| Bond Trading | ||
| CFD Trading | ||
| Currency Trading | ||
| Customer Service | ||
| Locations | More than 2,100 Bank of America locations | |
| Online Community | ||
| Seminars | ||
| Trading Platform | Desktop, Web Trading, Mobile Apps | |
| Virtual Trading | Yes. Free paper trading account with unlimited fake money | |
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
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| Stock Trading |   | |
| Options Trading |  | |
| Mobile App | | |
| Commissions and Fees | | |
| Ease of Use | | |
| Research | | |
| Pros & Cons | Pros:
| |
| Bottom Line | Good free trading app for more experienced investors... | |
| Visit Site | Learn More | |
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 06/10/2026. | ||
12 Free Fractional Shares + 1 Month Webull Premium
Make an initial qualifying deposit of $100 or more during the offer period to get 12 fractional shares and a 30-day subscription to Webull Premium. Maintain the initial qualifying deposit of $100 or more in the account for 10 days. Terms and conditions apply.
This offer has been collected independently by CreditDonkey. The details on this page have not been reviewed or provided by Webull.
Up to $100 Transfer Fee Reimbursement
Transfer fees of up to $100 will be reimbursed when you make an initial transfer of $2,000 or more.
Up to $75 IRA Transfer Fee Reimbursement
Transfer fees of up to $75 will be reimbursed when you make an initial transfer of $5,000 or more.
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Webull or Robinhood.
Articles on Webull
Webull Review
Is Webull Safe
Which Do You Think is Best?
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