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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.

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Merrill Edge

Get up to 12 free fractional shares - Learn More

Read Webull Review

$100 Bonus Offer - Learn More


Benefits and Features

Stock Trading
$0 per trade
Options Trading
$0 + $0.65 per contract
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 ETFsAll U.S. listed ETFs
Phone Support
Broker Assisted Trades 
Customer Service
24/7 via phone and email
Good ForExperienced investors; Active traders 
Inactivity Fee
Maintenance Fee
Through Bank of America
Mobile App
Desktop App
Two-Factor Authentication
Mobile Only
Forex Trading 
Futures Trading 
Locations More than 2,100 Bank of America locations
Online Community 
Virtual TradingYes. Free paper trading account with $1,000,000 in fake money
Fractional Shares
Taxable Accounts
IRA Accounts

CreditDonkey® Reviews

Stock TradingStarStarStarStarEmpty Star
Options TradingStarStarStarStarHalf Star
Mobile AppStarStarStarStarHalf Star
Commissions and FeesStarStarStarStarStar
Ease of UseStarStarStarEmpty StarEmpty Star
ResearchStarStarStarStarEmpty Star
Pros & ConsPros:
  • No trade fees
  • Advanced research tools
  • Extended trading hours
  • Offers fractional shares
  • Not beginner friendly
Bottom LineGood free trading app for more experienced investors... Read full review
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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

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

  • 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.

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Webull or eToro.

Articles on Webull

Webull Review

Webull offers $0 trades for stocks, ETFs, options, and cryptocurrencies. But it's not perfect. Find out if Webull fits your investing needs.

Which Do You Think is Best?

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