Written by StockBrokers.com
In this head to head comparison of Merrill Edge vs Firstrade, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
When comparing Merrill Edge and Firstrade, both online brokers excel in offering a wide range of investment options, earning them each a 4.5-star rating for their investment offerings. Firstrade has a slight edge, ranking #6 compared to Merrill Edge's #7 on StockBrokers.com for Investment Options. While both brokers cater to stock, margin, mutual funds, and options trading, Firstrade offers fractional shares, a feature not available with Merrill Edge. Neither platform provides access to forex or crypto trading, aligning their core focus towards traditional investment vehicles. Ultimately, both platforms offer robust investment options, with Firstrade slightly outperforming due to its broader feature set.
Merrill Edge and Firstrade both provide stock trading, margin trading, and access to mutual funds, among other investment choices. Distinctions arise in fractional shares trading, available solely from Firstrade, appealing to investors interested in smaller or more diverse investments. Both brokers facilitate options trading and offer traditional and Roth IRA accounts, catering to those planning long-term retirement strategies. However, a significant difference lies in the advisory services provided by Merrill Edge, a feature absent from Firstrade, potentially appealing to investors seeking guided financial advice.
On the downside, neither Merrill Edge nor Firstrade currently offer futures or cryptocurrency trading, which might limit investors looking to participate in these trending markets. While both brokers compete closely concerning their core trading functionalities, prospective account holders may need to weigh the importance of fractional shares, advisor services, and any additional features that might sway their decision between Merrill Edge and Firstrade.
| Feature |
Merrill Edge
|
Firstrade
|
|---|---|---|
| Stock Trading | Yes | Yes |
| Margin Trading | Yes | Yes |
| Fractional Shares | No | Yes |
| OTC Stocks | Yes | Yes |
| Mutual Funds | Yes | Yes |
| Options Trading | Yes | Yes |
| Futures Trading | No | No |
| Crypto Trading | No | No |
| Crypto Trading - Total Coins | 0 | 0 |
| Range of Investments |
|
|
Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025
When choosing between Merrill Edge and Firstrade for online trading platforms and tools, Merrill Edge emerges as the stronger contender. Rated 4 stars and ranked #6 out of 18 brokers by StockBrokers.com, it stands ahead of Firstrade, which garnered 3 stars and ranked #11. For investors prioritizing comprehensive and customizable charting capabilities, Merrill Edge offers a superior platform.
Both Merrill Edge and Firstrade provide browser-based trading platforms, but neither offers a downloadable option for Windows or Mac, nor paper trading or trading journals. Merrill Edge distinctly leads in the area of watch list customization with 285 columns compared to Firstrade's 50. Additionally, Merrill Edge allows users to adjust open orders directly on stock charts, offers 105 technical indicators, 23 drawing tools, and extensive customization options, while Firstrade falls short in these areas.
In terms of additional features, Merrill Edge supports adding notes to charts, displaying historical trades, corporate events, setting custom date ranges, and provides automated technical analysis. Merrill Edge also allows saving multiple chart profiles and offers more customization fields for SMA studies. Firstrade lacks these advanced tools, which limits its functionality for traders seeking robust charting and analysis capabilities.
| Feature |
Merrill Edge
|
Firstrade
|
|---|---|---|
| Web Trading Platform | Yes | Yes |
| Desktop Trading Platform | No | No |
| Desktop Platform (Mac) | No | No |
| Paper Trading | No | No |
| Watch Lists - Total Fields | 285 | 50 |
| Charting - Indicators / Studies | 105 | 102 |
| Charting - Drawing Tools | 23 | 8 |
| Platforms & Tools |
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Dive deeper: Best Stock Brokers & Trading Platforms for 2025, Best Paper Trading Platforms for 2025
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For beginner investors and those seeking robust educational resources, Merrill Edge stands out with its comprehensive learning offerings, including stock, ETF, options, mutual funds, and bonds education. The platform enriches the learning experience with a variety of formats such as educational videos, webinars, and quizzes, granting it a strong educational rating of 4.5 stars. Although it lacks paper trading and the ability to track learning progress, Merrill Edge is ranked #5 out of 18 brokers by StockBrokers.com for education, distinguishing itself as an excellent choice for novice investors.
Firstrade, while offering education on stocks and options, falls short with no resources for understanding ETFs, mutual funds, or bonds, which may limit its appeal to beginners aspiring to diversify their learning. Despite providing educational videos and webinars, the absence of quizzes and learning progress tracking is noticeable. Firstrade's education functionality is rated at 3.5 stars, emphasizing its room for improvement. Ranked #13 by StockBrokers.com, Firstrade offers a basic, yet reliable starting point for investors, though those seeking a more thorough educational experience might find Merrill Edge more aligned with their needs.
| Feature |
Merrill Edge
|
Firstrade
|
|---|---|---|
| Education (Stocks) | Yes | Yes |
| Education (ETFs) | Yes | No |
| Education (Options) | Yes | Yes |
| Education (Mutual Funds) | Yes | No |
| Education (Bonds) | Yes | No |
| Paper Trading | No | No |
| Videos | Yes | Yes |
| Webinars | Yes | Yes |
| Education |
|
|
Dive deeper: Best Stock Trading Platforms for Beginners of 2025
When it comes to stock trading apps, both Merrill Edge and Firstrade present strong offerings with distinct features, each earning a rating of 4.5 stars. However, Merrill Edge takes a slight lead with its sixth-place ranking by StockBrokers.com, compared to Firstrade's ninth. This suggests a marginal preference within the industry, despite both platforms providing robust mobile trading experiences.
Both Merrill Edge and Firstrade offer iPhone and Android apps, ensuring broad accessibility for users. While neither provides an Apple Watch app, they both support mobile after-hours stock and options trading and offer streaming quotes. However, neither platform includes features like streaming live TV or videos on demand. Additionally, users can benefit from stock alerts and the ability to create custom watch lists on both apps. Notably, Firstrade offers more enhanced customization with the ability to adjust watch list columns, a feature absent in Merrill Edge.
Charting capabilities are impressive on both platforms, allowing users to view charts in landscape mode and across multiple time frames. Merrill Edge users have access to 34 technical studies for charting, whereas Firstrade stands out with 81 studies available. Another distinctive feature is that Merrill Edge allows users to display stock comparisons on charts, a function not supported by Firstrade. These differences illustrate the nuanced strengths of each app, catering to varying user preferences and trading necessities.
| Feature |
Merrill Edge
|
Firstrade
|
|---|---|---|
| iPhone App | Yes | Yes |
| Android App | Yes | Yes |
| Apple Watch App | No | No |
| Stock Alerts | Yes | Yes |
| Charting - After-Hours | No | No |
| Charting - Technical Studies | 34 | 81 |
| Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
When comparing Merrill Edge and Firstrade for their account fees and charges, it is important to note the strengths of each platform. Merrill Edge stands out with its free account transfers, while Firstrade offers significant savings with free options contract trading. Both brokers maintain competitive pricing structures with no minimum deposit requirement and zero commissions on regular stock trades. Depending on your trading priorities, opting for Merrill Edge could be beneficial if account transfers are a priority, whereas Firstrade might be more appealing for active options traders seeking to minimize costs.
Merrill Edge appeals to investors by offering a range of free services, including no fees for regular stock trades, no minimum deposit, and complimentary account transfers (both partial and full). However, Merrill Edge charges $0.65 per options contract, making it slightly more expensive for options traders. Although the fee for closing an IRA with Merrill Edge is $49.95, they provide a cost-effective margin service with rates that vary based on the balance, rather than a fixed percentage, which could be advantageous depending on the amount financed.
Firstrade, on the other hand, offers free options trading and lower costs related to individual retirement accounts, with no fees for annual IRA maintenance or IRA closure, which could attract cost-conscious investors. While Firstrade offers free regular stock trades and has no account minimums, they charge for both partial and full account transfers. In terms of margin accounts, Firstrade clearly outlines their interest rates, which vary from 13.00% to 13.75% based on the balance, providing transparent, albeit slightly higher, costs for margin trading.
| Feature |
Merrill Edge
|
Firstrade
|
|---|---|---|
| Minimum Deposit | $0.00 | $0.00 |
| Stock Trades | $0.00 | $0.00 |
| Options (Per Contract) | $0.65 | $0.00 |
| Options Exercise Fee | $0.00 | $0.00 |
| Options Assignment Fee | $0.00 | $0.00 |
| IRA Annual Fee | $0.00 | $0.00 |
| IRA Closure Fee | $49.95 | $0.00 |
| Commissions & Fees | N/A | N/A |
Dive deeper: Best Free Trading Platforms for 2025
In comparing Merrill Edge and Firstrade for day trading capabilities, crucial differences emerge that traders will find essential in evaluating their options. Merrill Edge stands out by offering streaming time and sales for stocks, a valuable feature that Firstrade lacks. Furthermore, Merrill Edge provides level 2 quotes, a critical tool for day traders to see a detailed breakdown of the stock market's bid and offer prices. This advanced market depth insight is not available with Firstrade. Additionally, Merrill Edge offers basic strategy backtesting, empowering day traders with the ability to test strategies using historical data—a feature Firstrade does not provide.
While both Merrill Edge and Firstrade fall short in providing direct market routing, ladder trading, trading hotkeys, and advanced strategy backtesting, Merrill Edge's availability of more sophisticated analysis tools such as basic strategy backtesting and level 2 quotes give it an edge over Firstrade for those looking to engage seriously in day trading. Despite this advantage, it is important to note that neither brokerage offers a streaming live TV option or a short locator tool, nor do they support order liquidity rebates, which might influence a trader’s decision depending on their specific needs and trading style.
| Feature |
Merrill Edge
|
Firstrade
|
|---|---|---|
| Streaming Time & Sales | Yes | No |
| Streaming TV | No | No |
| Direct Market Routing - Stocks | No | No |
| Level 2 Quotes - Stocks | Yes | No |
| Trade Ideas - Backtesting | Yes | No |
| Trade Ideas - Backtesting Adv | No | No |
| Short Locator | No | No |
Dive deeper: Best Day Trading Platforms for 2025
In the realm of market research, both Merrill Edge and Firstrade present comprehensive resources, making them highly competitive choices for investors. Merrill Edge slightly edges out Firstrade with a perfect 5-star rating compared to Firstrade’s 4.5-star rating, as evaluated by StockBrokers.com. The quality of research tools, such as downloadable PDF reports and ESG insights, contributes to this difference. Merrill Edge's ability to provide multiple PDF reports on stock and mutual fund research propels it to a higher ranking, sitting at #5 among 18 brokers compared to Firstrade's #6.
Merrill Edge is robust in offering extensive research resources, covering stocks, ETFs, mutual funds, pink sheets, OTCBB, and bonds. Its capability to present detailed portfolio allocations by asset class and deliver ESG research aligns with comprehensive investment strategies. Although it lacks social media sentiment data for stock research, Merrill Edge compensates with a variety of downloadable PDF reports and screeners for stocks, ETFs, mutual funds, and bonds, assisting users in generating valuable trade ideas.
Conversely, Firstrade shines with its incorporation of social media sentiment data for stock research, adding a modern layer to its market analysis offerings. While it matches Merrill Edge in most aspects, such as covering various asset research and screener options, it falls short in delivering downloadable reports for mutual funds. Despite this, Firstrade remains a strong contender with its strategic insight capabilities, earning a solid rating and rank close to that of Merrill Edge.
| Feature |
Merrill Edge
|
Firstrade
|
|---|---|---|
| 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 evaluating Merrill Edge and Firstrade for their banking capabilities, several differences emerge. Both Merrill Edge and Firstrade provide checking accounts and debit cards, offering basic banking conveniences to their clients. However, Merrill Edge stands out by offering additional financial services, including savings accounts, credit cards, and mortgage loans, none of which are available through Firstrade. Both platforms do offer Certificates of Deposit (CDs), catering to investors looking for fixed-income options. While Firstrade provides essential services, Merrill Edge offers a more comprehensive suite of banking solutions for clients seeking an all-in-one financial experience.
| Feature |
Merrill Edge
|
Firstrade
|
|---|---|---|
| Checking Accounts | Yes | Yes |
| Savings Accounts | Yes | No |
| Debit Cards | Yes | Yes |
| Credit Cards | Yes | No |
| Mortgage Loans | Yes | No |
| CDs | Yes | Yes |
Dive deeper: Best Bank Accounts for Trading Stocks for 2025
After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that Merrill Edge is better than Firstrade. Merrill Edge finished with an overall score of 92.7%, while Firstrade finished with a score of 81.8%.
Merrill Edge and its parent, Bank of America, make for a well-rounded offering, with $0 trades, robust research, reliable customer service; and its Stock Stories and Fund Stories are an industry standout. There are some gaps in investment offerings, including crypto and futures.
Both Merrill Edge and Firstrade do not offer crypto trading, with zero cryptocurrencies available on each platform.
Dive deeper: Best Online Brokers for Crypto Trading in 2025
Both Merrill Edge and Firstrade offer traditional and Roth IRA accounts with no annual fees, making them attractive options for cost-conscious investors. However, while Merrill Edge charges a $49.95 closure fee for IRA accounts, Firstrade allows for IRA account closure at no additional cost, providing more flexibility and savings for account holders.
Dive deeper: Best IRA Accounts for 2025
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| Review | Merrill Edge Review | Firstrade Review |
| Broker Screenshots | Merrill Edge | Firstrade | |
|---|---|---|---|
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| Trading Fees | Merrill Edge | Firstrade | |
|---|---|---|---|
| Minimum Deposit | $0.00 | $0.00 | |
| Stock Trades | $0.00 | $0.00 | |
| Penny Stock Fees (OTC) | N/A | $0.00 | |
| Mutual Fund Trade Fee | Varies | $0 | |
| Options (Per Contract) | $0.65 | $0.00 | |
| Futures (Per Contract) | (Not offered) | (Not offered) | |
| Broker Assisted Trade Fee | $29.95 | $19.95 |
| Margin Rates | Merrill Edge | Firstrade | |
|---|---|---|---|
| Margin Rate Under $25,000 | Varies | 13.75% | |
| Margin Rate $25,000 to $49,999.99 | Varies | 13.50% | |
| Margin Rate $50,000 to $99,999.99 | Varies | 13.00% | |
| Margin Rate $100,000 to $249,999.99 | Varies | 12.50% | |
| Margin Rate $250,000 to $499,999.99 | Varies | 12.50% | |
| Margin Rate $500,000 to $999,999.99 | Varies | 12.50% | |
| Margin Rate Above $1,000,000 | Varies | 12.50% |
| Account Fees | Merrill Edge | Firstrade | |
|---|---|---|---|
| IRA Annual Fee | $0.00 | $0.00 | |
| IRA Closure Fee | $49.95 | $0.00 | |
| Account Transfer Out (Partial) | $0.00 | $55.00 | |
| Account Transfer Out (Full) | $0.00 | $75.00 | |
| Options Exercise Fee | $0.00 | $0.00 | |
| Options Assignment Fee | $0.00 | $0.00 |
| Investment Options | Merrill Edge | Firstrade | |
|---|---|---|---|
| Stock Trading | Yes | Yes | |
| Margin Trading | Yes | Yes | |
| Fractional Shares | No | Yes | |
| OTC Stocks | Yes | Yes | |
| Options Trading | Yes | Yes | |
| Complex Options Max Legs | 4 | 4 | |
| Futures Trading | No | No | |
| Forex Trading | No | No | |
| Crypto Trading | No | No | |
| Crypto Trading - Total Coins | 0 | 0 | |
| Mutual Funds (No Load) | 2952 | 15460 | |
| Mutual Funds (Total) | 3466 | 19666 | |
| Bonds (US Treasury) | Yes | Yes | |
| Bonds (Corporate) | Yes | Yes | |
| Bonds (Municipal) | Yes | Yes | |
| Traditional IRAs | Yes | Yes | |
| Roth IRAs | Yes | Yes | |
| Advisor Services | Yes | No | |
| International Countries (Stocks) | 0 | 0 |
| Order Types | Merrill Edge | Firstrade | |
|---|---|---|---|
| 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 | No | Yes | |
| Order Type - OTO | No | Yes | |
| Order Type - Broker Assisted | Yes | Yes |
| Beginners | Merrill Edge | Firstrade | |
|---|---|---|---|
| Education (Stocks) | Yes | Yes | |
| Education (ETFs) | Yes | No | |
| Education (Options) | Yes | Yes | |
| Education (Mutual Funds) | Yes | No | |
| Education (Bonds) | Yes | No | |
| 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 | No | No | |
| Interactive Learning - Quizzes | Yes | No |
| Stock Trading Apps | Merrill Edge | Firstrade | |
|---|---|---|---|
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Apple Watch App | No | 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 | No | Yes |
| Stock App Features | Merrill Edge | Firstrade | |
|---|---|---|---|
| Market Movers (Top Gainers) | Yes | Yes | |
| Stream Live TV | No | No | |
| Videos on Demand | No | 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 | No | Yes |
| Stock App Charting | Merrill Edge | Firstrade | |
|---|---|---|---|
| Charting - After-Hours | No | No | |
| Charting - Can Turn Horizontally | Yes | Yes | |
| Charting - Multiple Time Frames | Yes | Yes | |
| Charting - Technical Studies | 34 | 81 | |
| Charting - Study Customizations | Yes | Yes | |
| Charting - Stock Comparisons | Yes | No |
| Trading Platforms | Merrill Edge | Firstrade | |
|---|---|---|---|
| Active Trading Platform | Merrill Edge Market Pro | ||
| Desktop Trading Platform | No | No | |
| Desktop Platform (Mac) | No | No | |
| Web Trading Platform | Yes | Yes | |
| Paper Trading | No | No | |
| Trade Journal | No | No | |
| Watch Lists - Total Fields | 285 | 50 |
| Stock Chart Features | Merrill Edge | Firstrade | |
|---|---|---|---|
| Charting - Adjust Trades on Chart | Yes | No | |
| Charting - Indicators / Studies | 105 | 102 | |
| Charting - Drawing Tools | 23 | 8 | |
| Charting - Notes | Yes | No | |
| Charting - Index Overlays | Yes | Yes | |
| Charting - Historical Trades | Yes | No | |
| Charting - Corporate Events | Yes | No | |
| Charting - Custom Date Range | Yes | No | |
| Charting - Custom Time Bars | Yes | No | |
| Charting - Automated Analysis | Yes | No | |
| Charting - Save Profiles | Yes | No | |
| Trade Ideas - Technical Analysis | Yes | Yes | |
| Charting - Study Customizations | 8 | 6 | |
| Charting - Custom Studies | No | No |
| Day Trading | Merrill Edge | Firstrade | |
|---|---|---|---|
| Streaming Time & Sales | Yes | No | |
| Streaming TV | No | No | |
| Direct Market Routing - Stocks | No | No | |
| Ladder Trading | No | No | |
| Trade Hotkeys | No | No | |
| Level 2 Quotes - Stocks | Yes | No | |
| Trade Ideas - Backtesting | Yes | No | |
| Trade Ideas - Backtesting Adv | No | No | |
| Short Locator | No | No | |
| Order Liquidity Rebates | No | No |
| Research Overview | Merrill Edge | Firstrade | |
|---|---|---|---|
| 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 | Merrill Edge | Firstrade | |
|---|---|---|---|
| Stock Research - PDF Reports | 3 | 1 | |
| Stock Research - Earnings | Yes | Yes | |
| Stock Research - Insiders | Yes | Yes | |
| Stock Research - Social | No | Yes | |
| Stock Research - News | Yes | Yes | |
| Stock Research - ESG | Yes | Yes | |
| Stock Research - SEC Filings | Yes | Yes |
| ETF Research | Merrill Edge | Firstrade | |
|---|---|---|---|
| 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 | Merrill Edge | Firstrade | |
|---|---|---|---|
| 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 | Merrill Edge | Firstrade | |
|---|---|---|---|
| Option Chains - Basic View | Yes | Yes | |
| Option Chains - Strategy View | Yes | Yes | |
| Option Chains - Streaming | Yes | No | |
| Option Chains - Total Columns | 68 | 8 | |
| Option Chains - Greeks | 5 | 5 | |
| Option Chains - Quick Analysis | Yes | No | |
| Option Analysis - P&L Charts | Yes | Yes | |
| Option Probability Analysis | Yes | No | |
| Option Probability Analysis Adv | No | Yes | |
| Option Positions - Greeks | Yes | No | |
| Option Positions - Greeks Streaming | Yes | No | |
| Option Positions - Adv Analysis | Yes | No | |
| Option Positions - Rolling | Yes | Yes | |
| Option Positions - Grouping | Yes | No |
| Banking | Merrill Edge | Firstrade | |
|---|---|---|---|
| Bank (Member FDIC) | Yes | No | |
| Checking Accounts | Yes | Yes | |
| Savings Accounts | Yes | No | |
| Credit Cards | Yes | No | |
| Debit Cards | Yes | Yes | |
| Mortgage Loans | Yes | No |
| Customer Service | Merrill Edge | Firstrade | |
|---|---|---|---|
| Phone Support (Prospect Customers) | Yes | Yes | |
| Phone Support (Current Customers) | Yes | Yes | |
| Email Support | No | Yes | |
| Live Chat (Prospect Customers) | Yes | Yes | |
| Live Chat (Current Customers) | Yes | Yes | |
| 24/7 Support | Yes | No |
| Overall | Merrill Edge | Firstrade | |
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| Commissions & Fees | N/A | N/A | |
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| Winner | check_circle | ||
| Review | Merrill Edge Review | Firstrade Review |
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