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 offers commission-free stock and ETF trading using their mobile app. There is no minimum deposit required.

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.

	Webull	Merrill Edge


	SPECIAL OFFER Get up to 12 free fractional shares - Learn More Read Webull Review	SPECIAL OFFER $100 Bonus Offer - Learn More
	Benefits and Features
Stock Trading	$0	$0 per trade
Options Trading	$0	$0 + $0.65 per contract
Annual Fee	None
Cryptocurrency Trading	$0
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
Commission Free ETFs	All U.S. listed ETFs
Phone Support	24/7
Broker Assisted Trades		$29.95
Customer Service	24/7 via phone and email	24/7
Good For	Experienced investors; Active traders
Inactivity Fee	$0	None
Maintenance Fee	$0	$0
Banking	No	Through Bank of America
Mobile App	Yes	Yes
Desktop App	Yes	Yes
Two-Factor Authentication	Mobile Only
Forex Trading		No
Futures Trading		No
Locations		More than 2,100 Bank of America locations
Online Community		No
Seminars		Yes
Virtual Trading	Yes. Free paper trading account with $1,000,000 in fake money	No
Fractional Shares	Yes
Taxable Accounts	Yes
IRA Accounts	Yes
	CreditDonkey® Reviews

Stock Trading
Options Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Pros & Cons	Pros: No trade fees Advanced research tools Extended trading hours Offers fractional shares Cons: Not beginner friendly
Bottom Line	Good free trading app for more experienced investors... Read full review

	Get up to 12 free fractional shares $75 Account Transfer Bonus Get Started	$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. Merrill Edge: Pricing information from published websites as of 07/10/2020.

Get up to 12 free fractional shares

Get Free Fractional Shares

Expires 6/30/2023

Get up to 12 free Fractional Shares when making an initial deposit of ANY AMOUNT! Each is valued between $3-$3000

Register and open a new account.
Then, deposit any amount to get 6-12 free fractional shares.

$75 Account Transfer Bonus

Get Deal

Transfer a brokerage account over to Webull and get $75 deposited into the account. The incoming brokerage account must have at least $2,000 or more in assets to receive this bonus.
Transfer an IRA over to Webull and get $75 deposited into the account. The incoming IRA must have at least $5,00 or more in assets to receive this month.