Written by StockBrokers.com
In this head to head comparison of Fidelity vs Merrill Edge, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
Fidelity and Merrill Edge both present robust platforms for investors, yet Fidelity edges slightly ahead with a comparative edge in certain categories. Rated five stars for its investment options, Fidelity ranks third out of 18 brokers according to StockBrokers.com. Merrill Edge, not far behind, holds a 4.5-star rating, placing it at number seven. The most notable distinctions arise in the realm of fractional shares and cryptocurrency trading, where Fidelity provides both these options, offering three different cryptocurrencies, whereas Merrill Edge lacks these features entirely.
Both Fidelity and Merrill Edge offer a diverse array of investment products and services. They cater to standard stock and margin trading, options trading, mutual funds, and OTC stocks. Their support for mutual funds and options trading solidifies their status as comprehensive platforms for traditional investors. Furthermore, each supports traditional and Roth IRA accounts, assisting clients in building a secure retirement portfolio, accompanied by robust advisor services for tailored, professional advice.
While both platforms align closely in the spectrum of investment options, Fidelity’s capability to support fractional shares trading and cryptocurrency underlines its progressive approach, appealing to a broader consumer base. The lack of forex and futures trading across both platforms signals a distinct focus on catering to equity investors. Thus, prospective investors might consider the slight nuances in services offered by each broker when selecting the one that aligns best with their specific investing preferences and goals.
| Feature |
Fidelity
|
Merrill Edge
|
|---|---|---|
| Stock Trading | Yes | Yes |
| Margin Trading | Yes | Yes |
| Fractional Shares | Yes | No |
| OTC Stocks | Yes | Yes |
| Mutual Funds | Yes | Yes |
| Options Trading | Yes | Yes |
| Futures Trading | No | No |
| Crypto Trading | Yes | No |
| Crypto Trading - Total Coins | 3 | 0 |
| Investment Options |
|
|
Dive deeper: Best Options Trading Platforms & Brokers, 5 Best Futures Trading Platforms of 2024
For traders seeking a robust platform with diverse capabilities, both Fidelity and Merrill Edge deliver strong performances, earning an identical rating of 4.5 stars for their trading tools and platforms. However, Fidelity's platform stands out with a higher ranking, placed at #3 compared to Merrill Edge's #5 position, according to StockBrokers.com. While Fidelity excels in various aspects, particularly with its desktop trading platform available for both Windows and Mac, Merrill Edge offers unique features such as a significantly higher number of columns for watch lists, appealing to traders who prioritize detailed data organization.
Fidelity's commitment to comprehensive trading tools is evident, offering a downloadable desktop platform for both Windows and Mac users, while Merrill Edge operates solely through a browser-based platform. Fidelity's advanced charting capabilities include 129 technical indicators and 38 drawing tools, surpassing Merrill Edge's 104 indicators and 23 tools. This gives Fidelity a competitive edge for traders who rely heavily on technical analysis. Despite this, both platforms provide essential features such as the ability to adjust open orders directly on stock charts, add notes, include index overlays, and show historical trades and corporate events.
However, when it comes to customizable features, neither Fidelity nor Merrill Edge offers paper trading or the ability to create custom studies for charts, which might be a consideration for more experimental traders. Merrill Edge offers more customization fields in its SMA study, with eight fields compared to Fidelity's five, which may benefit traders looking for greater precision. Both platforms support saving multiple chart profiles and displaying automated technical analysis patterns, making them robust choices for investors looking to optimize their trading strategies. Ultimately, traders may choose between the two based on the need for desktop versatility versus data organization flexibility.
| Feature |
Fidelity
|
Merrill Edge
|
|---|---|---|
| Web Trading Platform | Yes | Yes |
| Desktop Trading Platform | Yes | No |
| Desktop Platform (Mac) | Yes | No |
| Paper Trading | No | No |
| Watch Lists - Total Fields | 92 | 285 |
| Charting - Indicators / Studies | 129 | 104 |
| Charting - Drawing Tools | 38 | 23 |
| Platforms & Tools |
|
|
Dive deeper: Best Stock Brokers for 2024, Best Paper Trading Platforms of 2024
Open and fund & get up to $1,000.
Trade with thinkorswim®, now at Schwab.
Fidelity and Merrill Edge stand out as top contenders for beginner and investor education, each offering a comprehensive array of resources tailored to enhance financial literacy. Both platforms provide in-depth educational materials across key investment areas, including stocks, ETFs, options, mutual funds, and bonds. Users can enrich their understanding through engaging educational videos, webinars, and quizzes available on both platforms; however, Fidelity offers the added advantage of a feature that allows you to track your learning progress. Although neither broker provides a paper trading feature, their educational tools still cater effectively to budding investors.
Despite these similarities, Fidelity holds a slight edge over Merrill Edge in educational rankings. According to StockBrokers.com, Fidelity is ranked as the number one broker for education out of 18, while Merrill Edge is a close second. Both brokers boast a commendable five-star rating for their educational services, reflecting their commitment to empowering investors through knowledge. Whether you're seeking to understand the nuances of financial markets or refine your investment strategies, both Fidelity and Merrill Edge offer robust educational offerings to suit your needs.
| Feature |
Fidelity
|
Merrill Edge
|
|---|---|---|
| Education (Stocks) | Yes | Yes |
| Education (ETFs) | Yes | Yes |
| Education (Options) | Yes | Yes |
| Education (Mutual Funds) | Yes | Yes |
| Education (Bonds) | Yes | Yes |
| Paper Trading | No | No |
| Videos | Yes | Yes |
| Webinars | Yes | Yes |
| Education |
|
|
Dive deeper: Best Stock Trading Platforms for Beginners of 2024
Both Fidelity and Merrill Edge deliver robust mobile trading platforms with distinct features that cater to different user preferences. While both brokers offer highly rated iPhone and Android apps, Fidelity stands out with its additional support for Apple Watch and more comprehensive features like streaming live TV and video-on-demand services, which Merrill Edge lacks. Fidelity also provides a richer after-hours experience with mobile options trading and after-hours charting, aspects that Merrill Edge does not offer. These enhancements, in conjunction with Fidelity's ability to customize watch list columns and a wide range of technical studies for charting, bolster its position, being ranked third by StockBrokers.com, above Merrill Edge, which holds the fifth position.
Fidelity’s stock trading app is designed for advanced traders and investors seeking a complete experience on their mobile devices. The app supports after-hours trading and offers streaming quotes, stock alerts, and a generous selection of 119 technical studies for charting. Users can easily navigate through multiple time frames and customize watch list columns, fostering a personalized trading journey. Fidelity's commitment to providing comprehensive resources extends to streaming live television and video-on-demand, adding valuable content for informed decision-making on the go.
In comparison, Merrill Edge provides a solid foundation with its stock trading app, accommodating essential features like streaming quotes, stock alerts, and the ability to view multiple time frames. However, it limits customization capabilities, such as custom watch list columns, and offers a narrower spectrum of 34 technical studies for chart analysis. Merrill Edge does not provide streaming live TV or video-on-demand services, which are increasingly vital for traders seeking real-time information. Despite these shortcomings, the app successfully garners a five-star rating, underscoring its reliability and efficiency for users focusing on core trading functions.
| Feature |
Fidelity
|
Merrill Edge
|
|---|---|---|
| iPhone App | Yes | Yes |
| Android App | Yes | Yes |
| Apple Watch App | Yes | No |
| Stock Alerts | Yes | Yes |
| Charting - After-Hours | Yes | No |
| Charting - Technical Studies | 119 | 34 |
| Mobile Trading Apps |
|
|
Dive deeper: Best Stock Trading Apps of 2024
When it comes to choosing between Fidelity and Merrill Edge for online brokerage services, both platforms offer compelling features with zero minimum deposits and commission-free regular stock trades, making them equally attractive for cost-conscious investors. Both brokerages charge a modest $0.65 per options contract, ensuring that traders focusing on options enjoy similar fee structures. However, Fidelity stands out with its transparent margin interest rates, whereas Merrill Edge's rates vary and lack clarity. Additionally, Fidelity charges no fees for IRA closures, while Merrill Edge imposes a $49.95 charge, a significant consideration for retirement savers.
Fidelity and Merrill Edge go head-to-head on many accounts, such as minimum deposit requirements, regular stock trade commissions, and options fees, with both offering highly competitive rates. They both deliver exceptional value with zero fees for IRA annual charges and account transfers, whether partial or full. Moreover, neither brokerage charges for options exercise or assignment fees, further underscoring their investor-friendly pricing models.
While Fidelity and Merrill Edge provide attractive offerings with no costs for regular stock trades, minimum deposits, and several other services, Fidelity takes the lead in terms of cost transparency and overall fee savings. Margin rates at Fidelity are openly disclosed and vary based on balance tiers, providing investors with more precise cost expectations. In contrast, Merrill Edge's lack of disclosure regarding margin interest rates could be a potential drawback for those seeking greater financial literacy and planning.
| Feature |
Fidelity
|
Merrill Edge
|
|---|---|---|
| Minimum Deposit | $0.00 | $0.00 |
| Stock Trades | $0.00 | $0.00 |
| Options (Per Contract) | $0.65 | $0.65 |
| Options Exercise Fee | $0.00 | $0.00 |
| Options Assignment Fee | $0.00 | $0.00 |
| IRA Annual Fee | $0.00 | $0.00 |
| IRA Closure Fee | $0.00 | $49.95 |
| Commissions & Fees |
|
|
Dive deeper: Best Brokers for Free Stock Trading of 2024
When comparing the day trading capabilities of Fidelity and Merrill Edge, certain distinct features emerge. Both brokers provide streaming time and sales data for stocks, ensuring that traders have immediate access to real-time market information. Where Fidelity shines is in its provision of streaming live TV, a benefit Merrill Edge lacks, potentially giving Fidelity users a broader perspective on market trends. Additionally, Fidelity supports direct market routing for stocks, an essential feature for advanced trades that is not available on Merrill Edge's platform. Both platforms offer level 2 quotes, essential for gaining insight into market depth, and basic strategy backtesting, aiding traders in evaluating potential strategies.
However, Fidelity further enhances the trading experience with trading hotkeys, allowing for quicker trade execution – an advantage day traders may find indispensable. Another noteworthy feature exclusive to Fidelity is its short locator tool, which helps traders determine the availability of shares for short selling in real-time. Both brokers do not offer advanced strategy backtesting, ladder trading, or order liquidity rebates. Ultimately, Fidelity's robust feature set provides day traders with more comprehensive tools to navigate the fast-paced trading environment effectively compared to Merrill Edge.
| Feature |
Fidelity
|
Merrill Edge
|
|---|---|---|
| Streaming Time & Sales | Yes | Yes |
| Streaming TV | Yes | No |
| Direct Market Routing - Stocks | Yes | No |
| Level 2 Quotes - Stocks | Yes | Yes |
| Trade Ideas - Backtesting | Yes | Yes |
| Trade Ideas - Backtesting Adv | No | No |
| Short Locator | Yes | No |
Dive deeper: Best Day Trading Platforms of 2024
In the realm of market research capabilities, both Fidelity and Merrill Edge stand out as robust online brokers, each offering a comprehensive suite of tools and resources for investors. Despite both receiving a five-star rating for market research, Merrill Edge holds a slight edge with a #4 ranking from StockBrokers.com, compared to Fidelity’s #5. Investors aiming for superior resources in stock and ETF research might prefer Fidelity given their vast array of 11 downloadable PDF research reports for stocks and advanced features like social media sentiment data analysis, which Merrill Edge lacks.
Both Fidelity and Merrill Edge provide extensive research options across asset classes including stocks, ETFs, mutual funds, Pink Sheets/OTCBB, and bonds. While both brokers include downloadable PDF research reports for ETFs, Merrill Edge stands out by offering reports for mutual funds, unlike Fidelity. Additionally, both platforms provide valuable tools for analyzing portfolio allocations and a wide range of screeners for stocks, ETFs, mutual funds, and bonds, catering to diverse investment strategies.
Notably, Fidelity shines in offering ESG (Environmental, Social, and Governance) research, aligning with the growing focus on sustainable investing. Meanwhile, despite lacking social media sentiment data in its research suite, Merrill Edge compensates with a solid range of research capabilities and offers mutual fund PDF reports. As investors weigh their options, the decision between Fidelity and Merrill Edge will largely hinge on individual research preferences and the specific tools each investor values most.
| Feature |
Fidelity
|
Merrill Edge
|
|---|---|---|
| Research - Stocks | Yes | Yes |
| Screener - Stocks | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Screener - ETFs | Yes | Yes |
| Research - Mutual Funds | Yes | Yes |
| Screener - Mutual Funds | Yes | Yes |
| Research - Bonds | Yes | Yes |
| Screener - Bonds | Yes | Yes |
| Research |
|
|
When comparing the banking capabilities of Fidelity and Merrill Edge, there are distinct differences and similarities to consider. While Fidelity does not offer checking or savings accounts, Merrill Edge provides both, making it a more comprehensive choice for those seeking traditional banking services. Both brokers offer debit and credit cards, as well as mortgage loans, ensuring that there are options for customers needing access to these financial products. Additionally, both Fidelity and Merrill Edge provide Certificates of Deposit (CDs), offering similar opportunities for those interested in these particular investment products. Overall, while Merrill Edge excels in its banking offerings with the inclusion of checking and savings accounts, both platforms provide robust services for other banking needs.
| Feature |
Fidelity
|
Merrill Edge
|
|---|---|---|
| Checking Accounts | No | Yes |
| Savings Accounts | No | Yes |
| Debit Cards | Yes | Yes |
| Credit Cards | Yes | Yes |
| Mortgage Loans | Yes | Yes |
| CDs | Yes | Yes |
Dive deeper: Best Bank Brokerages of 2024
After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that Fidelity is better than Merrill Edge. Fidelity finished with an overall score of 98.7%, while Merrill Edge finished with a score of 94.0%.
Fidelity is a value-driven online broker offering $0 trades, industry-leading research, excellent trading tools and an easy-to-use mobile app.
Fidelity provides crypto trading with access to 3 different coins, while Merrill Edge does not offer any crypto trading options.
Dive deeper: Best Crypto Trading Platforms of 2024
Fidelity and Merrill Edge both offer traditional and Roth IRA accounts with no annual fees; however, while Fidelity does not charge a closure fee, Merrill Edge charges $49.95 when closing IRA accounts.
Dive deeper: Best IRA Accounts of 2024
Select Brokers
↓×Compare
0 of 5| Overall Rating | Fidelity | Merrill Edge | |
|---|---|---|---|
| Overall |
|
| |
| Commissions & Fees |
|
| |
| Investment Options |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading Apps |
|
| |
| Research |
|
| |
| Customer Service |
|
| |
| Education |
|
| |
| Ease Of Use |
|
| |
| Winner | check_circle | ||
| Review | Fidelity Review | Merrill Edge Review |
| Broker Screenshots | Fidelity | Merrill Edge | |
|---|---|---|---|
| Trading Platform & Tools Gallery (click to expand) |
|
| |
| Research Gallery (click to expand) |
|
| |
| Mobile Trading Apps Gallery (click to expand) |
|
| |
| Education Gallery (click to expand) |
|
|
| Trading Fees | Fidelity | Merrill Edge | |
|---|---|---|---|
| Minimum Deposit | $0.00 | $0.00 | |
| Stock Trades | $0.00 | $0.00 | |
| Penny Stock Fees (OTC) | $0.00 | N/A | |
| Mutual Fund Trade Fee | Varies | Varies | |
| Options (Per Contract) | $0.65 | $0.65 | |
| Futures (Per Contract) | (Not offered) | (Not offered) | |
| Broker Assisted Trade Fee | $32.95 | $29.95 |
| Margin Rates | Fidelity | Merrill Edge | |
|---|---|---|---|
| Margin Rate Under $25,000 | 13.075% | Varies | |
| Margin Rate $25,000 to $49,999.99 | 12.575% | Varies | |
| Margin Rate $50,000 to $99,999.99 | 12.125% | Varies | |
| Margin Rate $100,000 to $249,999.99 | 11.575% | Varies | |
| Margin Rate $250,000 to $499,999.99 | 11.325% | Varies | |
| Margin Rate $500,000 to $999,999.99 | 9.00% | Varies | |
| Margin Rate Above $1,000,000 | 8.75% | Varies |
| Account Fees | Fidelity | Merrill Edge | |
|---|---|---|---|
| IRA Annual Fee | $0.00 | $0.00 | |
| IRA Closure Fee | $0.00 | $49.95 | |
| Account Transfer Out (Partial) | $0.00 | $0.00 | |
| Account Transfer Out (Full) | $0.00 | $0.00 | |
| Options Exercise Fee | $0.00 | $0.00 | |
| Options Assignment Fee | $0.00 | $0.00 |
| Investment Options | Fidelity | Merrill Edge | |
|---|---|---|---|
| Stock Trading | Yes | Yes | |
| Margin Trading | Yes | Yes | |
| Fractional Shares | Yes | No | |
| OTC Stocks | Yes | Yes | |
| Options Trading | Yes | Yes | |
| Complex Options Max Legs | 4 | 4 | |
| Futures Trading | No | No | |
| Forex Trading | No | No | |
| Crypto Trading | Yes | No | |
| Crypto Trading - Total Coins | 3 | 0 | |
| Mutual Funds (No Load) | 5843 | 2952 | |
| Mutual Funds (Total) | 10000 | 3466 | |
| Bonds (US Treasury) | Yes | Yes | |
| Bonds (Corporate) | Yes | Yes | |
| Bonds (Municipal) | Yes | Yes | |
| Traditional IRAs | Yes | Yes | |
| Roth IRAs | Yes | Yes | |
| Advisor Services | Yes | Yes | |
| International Countries (Stocks) | 25 | 0 |
| Order Types | Fidelity | Merrill Edge | |
|---|---|---|---|
| Order Type - Market | Yes | Yes | |
| Order Type - Limit | Yes | Yes | |
| Order Type - After Hours | Yes | Yes | |
| Order Type - Stop | Yes | Yes | |
| Order Type - Trailing Stop | Yes | Yes | |
| Order Type - OCO | Yes | No | |
| Order Type - OTO | Yes | No | |
| Order Type - Broker Assisted | Yes | Yes |
| Beginners | Fidelity | Merrill Edge | |
|---|---|---|---|
| Education (Stocks) | Yes | Yes | |
| Education (ETFs) | Yes | Yes | |
| Education (Options) | Yes | Yes | |
| Education (Mutual Funds) | Yes | Yes | |
| Education (Bonds) | Yes | Yes | |
| Education (Retirement) | Yes | Yes | |
| Retirement Calculator | Yes | Yes | |
| Investor Dictionary | Yes | Yes | |
| Paper Trading | No | No | |
| Videos | Yes | Yes | |
| Webinars | Yes | Yes | |
| Webinars (Archived) | Yes | Yes | |
| Progress Tracking | Yes | No | |
| Interactive Learning - Quizzes | Yes | Yes |
| Stock Trading Apps | Fidelity | Merrill Edge | |
|---|---|---|---|
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Apple Watch App | Yes | No | |
| Trading - Stocks | Yes | Yes | |
| Trading - After-Hours | Yes | Yes | |
| Trading - Simple Options | Yes | Yes | |
| Trading - Complex Options | Yes | Yes | |
| Order Ticket RT Quotes | Yes | Yes | |
| Order Ticket SRT Quotes | Yes | No |
| Stock App Features | Fidelity | Merrill Edge | |
|---|---|---|---|
| Market Movers (Top Gainers) | Yes | Yes | |
| Stream Live TV | Yes | No | |
| Videos on Demand | Yes | No | |
| Stock Alerts | Yes | Yes | |
| Option Chains Viewable | Yes | Yes | |
| Watch List (Real-time) | Yes | Yes | |
| Watch List (Streaming) | Yes | Yes | |
| Watch Lists - Create & Manage | Yes | Yes | |
| Watch Lists - Column Customization | Yes | No |
| Stock App Charting | Fidelity | Merrill Edge | |
|---|---|---|---|
| Charting - After-Hours | Yes | No | |
| Charting - Can Turn Horizontally | Yes | Yes | |
| Charting - Multiple Time Frames | Yes | Yes | |
| Charting - Technical Studies | 119 | 34 | |
| Charting - Study Customizations | Yes | Yes | |
| Charting - Stock Comparisons | Yes | Yes |
| Trading Platforms | Fidelity | Merrill Edge | |
|---|---|---|---|
| Active Trading Platform | Active Trader Pro | Merrill Edge Market Pro | |
| Desktop Trading Platform | Yes | No | |
| Desktop Platform (Mac) | Yes | No | |
| Web Trading Platform | Yes | Yes | |
| Paper Trading | No | No | |
| Trade Journal | Yes | No | |
| Watch Lists - Total Fields | 92 | 285 |
| Stock Chart Features | Fidelity | Merrill Edge | |
|---|---|---|---|
| Charting - Adjust Trades on Chart | Yes | Yes | |
| Charting - Indicators / Studies | 129 | 104 | |
| Charting - Drawing Tools | 38 | 23 | |
| Charting - Notes | Yes | Yes | |
| Charting - Index Overlays | Yes | Yes | |
| Charting - Historical Trades | Yes | Yes | |
| Charting - Corporate Events | Yes | Yes | |
| Charting - Custom Date Range | Yes | Yes | |
| Charting - Custom Time Bars | Yes | Yes | |
| Charting - Automated Analysis | Yes | Yes | |
| Charting - Save Profiles | Yes | Yes | |
| Trade Ideas - Technical Analysis | Yes | Yes | |
| Charting - Study Customizations | 5 | 8 | |
| Charting - Custom Studies | No | No |
| Day Trading | Fidelity | Merrill Edge | |
|---|---|---|---|
| Streaming Time & Sales | Yes | Yes | |
| Streaming TV | Yes | No | |
| Direct Market Routing - Stocks | Yes | No | |
| Ladder Trading | No | No | |
| Trade Hotkeys | Yes | No | |
| Level 2 Quotes - Stocks | Yes | Yes | |
| Trade Ideas - Backtesting | Yes | Yes | |
| Trade Ideas - Backtesting Adv | No | No | |
| Short Locator | Yes | No | |
| Order Liquidity Rebates | No | No |
| Research Overview | Fidelity | Merrill Edge | |
|---|---|---|---|
| Research - Stocks | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Mutual Funds | Yes | Yes | |
| Research - Pink Sheets / OTCBB | Yes | Yes | |
| Research - Bonds | Yes | Yes | |
| Screener - Stocks | Yes | Yes | |
| Screener - ETFs | Yes | Yes | |
| Screener - Mutual Funds | Yes | Yes | |
| Screener - Bonds | Yes | Yes | |
| Misc - Portfolio Allocation | Yes | Yes |
| Stock Research | Fidelity | Merrill Edge | |
|---|---|---|---|
| Stock Research - PDF Reports | 11 | 3 | |
| Stock Research - Earnings | Yes | Yes | |
| Stock Research - Insiders | Yes | Yes | |
| Stock Research - Social | Yes | No | |
| Stock Research - News | Yes | Yes | |
| Stock Research - ESG | Yes | Yes | |
| Stock Research - SEC Filings | Yes | Yes |
| ETF Research | Fidelity | Merrill Edge | |
|---|---|---|---|
| ETFs - Strategy Overview | Yes | Yes | |
| ETF Fund Facts - Inception Date | Yes | Yes | |
| ETF Fund Facts - Expense Ratio | Yes | Yes | |
| ETF Fund Facts - Net Assets | Yes | Yes | |
| ETF Fund Facts - Total Holdings | Yes | Yes | |
| ETFs - Top 10 Holdings | Yes | Yes | |
| ETFs - Sector Exposure | Yes | Yes | |
| ETFs - Risk Analysis | Yes | Yes | |
| ETFs - Ratings | Yes | Yes | |
| ETFs - Morningstar StyleMap | Yes | Yes | |
| ETFs - PDF Reports | Yes | Yes |
| Mutual Fund Research | Fidelity | Merrill Edge | |
|---|---|---|---|
| Mutual Funds - Strategy Overview | Yes | Yes | |
| Mutual Funds - Performance Chart | Yes | Yes | |
| Mutual Funds - Performance Analysis | Yes | Yes | |
| Mutual Funds - Prospectus | Yes | Yes | |
| Mutual Funds - 3rd Party Ratings | Yes | Yes | |
| Mutual Funds - Fees Breakdown | Yes | Yes | |
| Mutual Funds - Top 10 Holdings | Yes | Yes | |
| Mutual Funds - Asset Allocation | Yes | Yes | |
| Mutual Funds - Sector Allocation | Yes | Yes | |
| Mutual Funds - Country Allocation | Yes | Yes | |
| Mutual Funds - StyleMap | Yes | Yes |
| Options Trading | Fidelity | Merrill Edge | |
|---|---|---|---|
| Option Chains - Basic View | Yes | Yes | |
| Option Chains - Strategy View | Yes | Yes | |
| Option Chains - Streaming | Yes | Yes | |
| Option Chains - Total Columns | 26 | 68 | |
| Option Chains - Greeks | 5 | 5 | |
| Option Chains - Quick Analysis | Yes | Yes | |
| Option Analysis - P&L Charts | Yes | Yes | |
| Option Probability Analysis | Yes | Yes | |
| Option Probability Analysis Adv | Yes | No | |
| Option Positions - Greeks | Yes | Yes | |
| Option Positions - Greeks Streaming | Yes | Yes | |
| Option Positions - Adv Analysis | Yes | Yes | |
| Option Positions - Rolling | Yes | Yes | |
| Option Positions - Grouping | Yes | Yes |
| Banking | Fidelity | Merrill Edge | |
|---|---|---|---|
| Bank (Member FDIC) | No | Yes | |
| Checking Accounts | No | Yes | |
| Savings Accounts | No | Yes | |
| Credit Cards | Yes | Yes | |
| Debit Cards | Yes | Yes | |
| Mortgage Loans | Yes | Yes |
| Customer Service | Fidelity | Merrill Edge | |
|---|---|---|---|
| Phone Support (Prospect Customers) | Yes | No | |
| Phone Support (Current Customers) | Yes | Yes | |
| Email Support | Yes | No | |
| Live Chat (Prospect Customers) | Yes | Yes | |
| Live Chat (Current Customers) | Yes | Yes | |
| 24/7 Support | Yes | Yes |
| Overall | Fidelity | Merrill Edge | |
|---|---|---|---|
| Overall |
|
| |
| Commissions & Fees |
|
| |
| Investment Options |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading Apps |
|
| |
| Research |
|
| |
| Education |
|
| |
| Ease Of Use |
|
| |
| Winner | check_circle | ||
| Review | Fidelity Review | Merrill Edge Review |
Fidelity
Merrill Edge
E*TRADE
TradeStation
Interactive Brokers
Charles Schwab
tastytrade
eToro
