Written by StockBrokers.com
In this head to head comparison of Interactive Brokers vs Merrill Edge, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
When it comes to assessing investment options with Interactive Brokers and Merrill Edge, both platforms offer extensive opportunities, but with notable distinctions. Interactive Brokers emerges as the top choice for those seeking a broad spectrum of investment channels, especially where more specialized trading like futures, forex, and cryptocurrency are concerned. Securing a 5-star rating and ranked #1 by StockBrokers.com for its range of investments, Interactive Brokers stands out for its diverse offerings, including the ability to trade fractional shares—a feature Merrill Edge lacks. In contrast, Merrill Edge, scoring a commendable 4.5 stars and placed at #7, caters well with more conventional investment avenues, yet it excels with exceptional advisor services that Interactive Brokers does not provide.
Both Interactive Brokers and Merrill Edge provide stock trading, margin trading, mutual funds, options trading, and traditional and Roth IRA accounts, making them solid choices for investors looking to access these core services. However, the platforms diverge in availability of niche markets: Interactive Brokers offers OTC stocks and extends its advantages further by including cryptocurrency and futures trading—features not available with Merrill Edge. Additionally, those interested in trading fractional shares will find Interactive Brokers to be accommodating in this area, while Merrill Edge remains more traditionally focused.
When considering currencies, Interactive Brokers opens its gates to forex trading—a domain Merrill Edge does not tread. Moreover, Interactive Brokers provides access to four different cryptocurrencies, while Merrill Edge has yet to step into this ever-expanding arena. Although Merrill Edge does offer strong advisory support, which is one of the differentiating factors, investors seeking expansive investment possibilities will find Interactive Brokers to be superior. Ultimately, your choice may come down to whether you prioritize access to a wide range of investment types or the availability of advisory services in your investment journey.
| Feature |
Interactive Brokers
|
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 | Yes | No |
| Crypto Trading | Yes | No |
| Crypto Trading - Total Coins | 4 | 0 |
| Range of Investments |
|
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Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025
When it comes to selecting a trading platform that enhances your trading experience, Interactive Brokers shines with a comprehensive suite of tools and features. Ranked #2 out of 16 brokers by StockBrokers.com, Interactive Brokers earns a five-star rating for its trading platforms and tools. Merrill Edge, with a respectable four-star rating and a #6 ranking, still offers a competitive feature set but falls short of the extensive offerings provided by Interactive Brokers. Whether you seek sophisticated tools or fundamental trading capabilities, understanding their differences can guide you to the right platform choice.
Interactive Brokers excels with its versatile platform availability, offering both Windows and Mac desktop downloadable software, alongside a browser-based platform. In contrast, Merrill Edge provides only a browser-based option. Furthermore, Interactive Brokers includes valuable features like paper trading and a trading journal, which Merrill Edge does not offer. An Interactive Brokers highlight is its ability to provide 659 watchlist columns versus 285 on Merrill Edge, enabling more in-depth tracking of market movements. Both brokers allow traders to adjust open orders directly on stock charts and support a range of trading tools, although Interactive Brokers includes more technical indicators and drawing tools for enhanced chart analysis.
Charting capabilities offered by both brokers allow for comprehensive market analysis, yet Interactive Brokers stands out with 155 technical indicators and 85 drawing tools compared to 105 indicators and 23 drawing tools from Merrill Edge. Both platforms permit adding notes to charts, index overlays, displaying historical trades, and corporate events. Additionally, they grant the ability to set custom date ranges and show automated technical analysis on charts. While neither broker provides the option to create custom studies, Merrill Edge slightly edges out in SMA study customization fields. Ultimately, for traders seeking an extensive toolset and multiple platform options, Interactive Brokers emerges as the preferred choice.
| Feature |
Interactive Brokers
|
Merrill Edge
|
|---|---|---|
| Web Trading Platform | Yes | Yes |
| Desktop Trading Platform | Yes | No |
| Desktop Platform (Mac) | Yes | No |
| Paper Trading | Yes | No |
| Watch Lists - Total Fields | 659 | 285 |
| Charting - Indicators / Studies | 155 | 105 |
| Charting - Drawing Tools | 85 | 23 |
| Platforms & Tools |
|
|
Dive deeper: 7 Best Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
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When it comes to educational resources for beginners and investors, Interactive Brokers stands out with its comprehensive offerings. It covers a wide range of topics including stocks, ETFs, options, mutual funds, and bonds. Interactive Brokers not only provides educational videos, webinars, and quizzes but also allows users the unique opportunity to engage in paper trading to practice their skills. Another standout feature of Interactive Brokers is that it enables learners to track their progress, ensuring a structured learning experience. This broker is highly rated, achieving 5 stars for education, and is ranked #3 out of 16 brokers by StockBrokers.com.
Merrill Edge offers a solid educational foundation for investors by covering major financial topics such as stocks, ETFs, options, mutual funds, and bonds. Like Interactive Brokers, it provides educational videos, webinars, and quizzes to help beginners gain a better understanding of the market. However, Merrill Edge lacks paper trading capabilities and does not offer a feature to track learning progress, which may be a consideration for those looking to monitor their educational journey closely. Despite these gaps, Merrill Edge is still highly regarded with an educational rating of 4.5 stars and a ranking of #5 out of 16 brokers by StockBrokers.com.
| Feature |
Interactive Brokers
|
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 | Yes | No |
| Videos | Yes | Yes |
| Webinars | Yes | Yes |
| Education |
|
|
Dive deeper: Best Stock Trading Platforms for Beginners of 2025
Interactive Brokers and Merrill Edge both offer robust mobile trading apps, but Interactive Brokers edges out with a slight advantage overall. Ranked #2 out of 16 brokers by StockBrokers.com, it boasts a 5-star rating, offering comprehensive features such as an Apple Watch app, streaming live TV, and videos on demand. Meanwhile, Merrill Edge, rated at 4.5 stars, ranks #6 and offers a reliable iPhone and Android app with the ability to display stock comparisons on charts, a feature Interactive Brokers lacks. However, missing elements like an Apple Watch app and streaming live TV might make it less appealing for some traders.
Both apps provide iPhone and Android access, with Interactive Brokers also extending its services to the Apple Watch, a feature Merrill Edge does not offer. When it comes to trading capabilities, both platforms support mobile options trading and custom watch lists, but Interactive Brokers allows for more customization, letting users adjust watch list columns. Interactive Brokers also offers mobile after-hours trading and after-hours charting, providing more flexible trading opportunities for its users compared to Merrill Edge.
Interactive Brokers shine in charting capabilities, offering 97 technical studies compared to Merrill Edge's 34. It also provides after-hours charting and allows charts to be viewed in landscape mode, just like Merrill Edge. However, only Merrill Edge offers the ability to display stock comparisons on charts. Both apps support streaming quotes and stock alerts, keeping traders well-informed and ready to act. While both brokers deliver quality apps, those seeking more features and advanced charting options may prefer Interactive Brokers.
| Feature |
Interactive Brokers
|
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 | 97 | 34 |
| Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
When considering both Interactive Brokers and Merrill Edge, investors find a common ground in several fee structures, yet some distinctions may influence a final decision based primarily on individual requirements. Both platforms attract newcomers with no minimum deposit requirements and offer commission-free stock trading, making them equally accessible. Notably, they share identical fees for trading options at $0.65 per contract. The platforms differ when it comes to margin rates as Interactive Brokers provides a transparent rate of 7.33% for balances up to $99,999, while Merrill Edge's rates vary based on specifics not disclosed here. Examining IRA-related fees, both offer zero annual fees, but Merrill Edge imposes a $49.95 charge for IRA closure.
Both Interactive Brokers and Merrill Edge shine with no fees for account transfers, whether partial or full, demonstrating a user-friendly approach to account management. Furthermore, they both do away with charges commonly associated with options exercises and assignments, which could appeal to active option traders. As no fees apply to essential account transfers and options exercises, investors can focus on their trading strategies without risking surprise charges.
In summary, the primary differentiator between Interactive Brokers and Merrill Edge is found in their approach to margin trading. Interactive Brokers maintains a consistent rate structure, whereas Merrill Edge presents variable rates, potentially requiring more inquiry for those interested in margin trading. Meanwhile, Merrill Edge's additional fee for IRA account closure is a noteworthy difference. Despite these disparities, each broker provides a welcoming environment for new traders hoping to avoid basic entry fees, while more experienced investors may appreciate the no-cost amenities related to account transfers and options handling.
| Feature |
Interactive Brokers
|
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 |
Dive deeper: Best Free Trading Platforms for 2025
For active traders seeking a comprehensive online broker, Interactive Brokers and Merrill Edge present distinct features and capabilities. Interactive Brokers stands out with its extensive set of tools, offering streaming time and sales for stocks, streaming live TV, direct market routing, ladder trading, and trading hotkeys for swift keyboard trade entry. Furthermore, its platform supports both basic and advanced strategy backtesting. Traders can benefit from a short locator tool that displays real-time availability of shares available for shorting. Additionally, Interactive Brokers provides order liquidity rebates, adding to the incentives for frequent trading activity.
On the other hand, Merrill Edge offers some essential features like streaming time and sales and level 2 quotes, but lacks in several areas compared to its counterpart. Notably, it does not provide streaming live TV, direct market routing, ladder trading, or advanced strategy backtesting. The absence of a short locator tool and order liquidity rebates may be a disadvantage for day traders who rely on these tools for efficient trading and reducing overall costs. Overall, when it comes to features tailored for active day trading, Interactive Brokers is more equipped to serve proactive traders looking to leverage advanced trading strategies and tools.
| Feature |
Interactive Brokers
|
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 | Yes | No |
| Short Locator | Yes | No |
Dive deeper: Best Day Trading Platforms for 2025
When it comes to market research capabilities, Interactive Brokers and Merrill Edge both deliver comprehensive resources to their users, each earning top ratings for their offerings. Investors looking for an online broker to support their research needs will find that both platforms provide an array of tools for stocks, ETFs, mutual funds, and bonds. However, Interactive Brokers edges out Merrill Edge slightly, ranking fourth in market research by StockBrokers.com, compared to Merrill Edge's fifth place. This slight advantage stems largely from Interactive Brokers' extensive use of social media sentiment data, which is not available with Merrill Edge, and a greater number of downloadable PDF research reports for stocks.
Interactive Brokers excels in providing investors with social media sentiment data for stock research, an innovative feature that can help users gauge market trends and sentiments in real-time. With 15 downloadable PDF research reports for stocks, it offers a wider selection than Merrill Edge, which provides only 3. Both brokers are equal in offering downloadable PDF reports and screeners for ETFs and mutual funds, and they also support research into Pink Sheets/OTCBB, bonds, and ESG (Environmental, Social, and Governance) factors. This makes them both strong choices for investors interested in diverse market areas.
Tools such as stock and ETF screeners enhance the trading experience on both platforms, aiding users in generating trade ideas and strategies tailored to their investment goals. Additionally, they provide insights into portfolio allocation by asset class, helping investors make informed decisions. Overall, while both Interactive Brokers and Merrill Edge offer excellent market research tools, the inclusion of newer data points such as social media sentiment gives Interactive Brokers a slight competitive edge for those seeking cutting-edge research capabilities.
| Feature |
Interactive Brokers
|
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 Interactive Brokers and Merrill Edge, it's clear they offer distinct services. Interactive Brokers does not provide traditional banking features like checking or savings accounts, nor do they offer debit or credit cards, or mortgage loans. Merrill Edge, on the other hand, extends a suite of banking services, including checking and savings accounts, debit and credit cards, as well as mortgage loan options. Both brokers provide certificates of deposit (CDs), allowing customers to invest in this secure option. For anyone seeking comprehensive banking services alongside brokerage offerings, Merrill Edge stands out as a more versatile choice compared to Interactive Brokers.
| Feature |
Interactive Brokers
|
Merrill Edge
|
|---|---|---|
| Checking Accounts | No | Yes |
| Savings Accounts | No | Yes |
| Debit Cards | No | Yes |
| Credit Cards | No | Yes |
| Mortgage Loans | No | Yes |
| CDs | Yes | Yes |
Dive deeper: Best Bank Accounts for Trading Stocks for 2025
After opening live accounts and testing 16 of the best online brokers, our research and live account testing finds that Interactive Brokers is better than Merrill Edge. Interactive Brokers finished with an overall score of 96.9%, while Merrill Edge finished with a score of 92.7%.
Interactive Brokers is a go-to choice for professionals because of its institutional-grade desktop trading platform, high-quality trade executions and rock-bottom margin rates.
Interactive Brokers offers crypto trading with access to four different coins, whereas Merrill Edge does not provide any cryptocurrency trading options.
Dive deeper: Best Online Brokers for Crypto Trading in 2025
Both Interactive Brokers and Merrill Edge offer traditional and Roth IRA accounts without any annual fees. However, while Interactive Brokers does not charge a closure fee for IRA accounts, Merrill Edge imposes a $49.95 fee for closing them.
Dive deeper: Best IRA Accounts for 2025
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| Review | Interactive Brokers Review | Merrill Edge Review |
| Broker Screenshots | Interactive Brokers | Merrill Edge | |
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| Trading Fees | Interactive Brokers | Merrill Edge | |
|---|---|---|---|
| Minimum Deposit | $0.00 | $0.00 | |
| Stock Trades | $0.00 | $0.00 | |
| Penny Stock Fees (OTC) | $0.01 | N/A | |
| Mutual Fund Trade Fee | $14.95 | Varies | |
| Options (Per Contract) | $0.65 | $0.65 | |
| Futures (Per Contract) | $0.85 | (Not offered) | |
| Broker Assisted Trade Fee | Varies | $29.95 |
| Margin Rates | Interactive Brokers | Merrill Edge | |
|---|---|---|---|
| Margin Rate Under $25,000 | 7.33% | Varies | |
| Margin Rate $25,000 to $49,999.99 | 7.33% | Varies | |
| Margin Rate $50,000 to $99,999.99 | 7.33% | Varies | |
| Margin Rate $100,000 to $249,999.99 | 7.33% | Varies | |
| Margin Rate $250,000 to $499,999.99 | 7.33% | Varies | |
| Margin Rate $500,000 to $999,999.99 | 7.33% | Varies | |
| Margin Rate Above $1,000,000 | 7.33% | Varies |
| Account Fees | Interactive Brokers | 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 | Interactive Brokers | 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 | 6 | 4 | |
| Futures Trading | Yes | No | |
| Forex Trading | Yes | No | |
| Crypto Trading | Yes | No | |
| Crypto Trading - Total Coins | 4 | 0 | |
| Mutual Funds (No Load) | 10988 | 2952 | |
| Mutual Funds (Total) | 11456 | 3466 | |
| Bonds (US Treasury) | Yes | Yes | |
| Bonds (Corporate) | Yes | Yes | |
| Bonds (Municipal) | Yes | Yes | |
| Traditional IRAs | Yes | Yes | |
| Roth IRAs | Yes | Yes | |
| Advisor Services | No | Yes | |
| International Countries (Stocks) | 34 | 0 |
| Order Types | Interactive Brokers | 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 | Interactive Brokers | 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 | Yes | No | |
| Videos | Yes | Yes | |
| Webinars | Yes | Yes | |
| Webinars (Archived) | Yes | Yes | |
| Progress Tracking | Yes | No | |
| Interactive Learning - Quizzes | Yes | Yes |
| Stock Trading Apps | Interactive Brokers | 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 | Interactive Brokers | 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 | Interactive Brokers | Merrill Edge | |
|---|---|---|---|
| Charting - After-Hours | Yes | No | |
| Charting - Can Turn Horizontally | Yes | Yes | |
| Charting - Multiple Time Frames | Yes | Yes | |
| Charting - Technical Studies | 97 | 34 | |
| Charting - Study Customizations | Yes | Yes | |
| Charting - Stock Comparisons | No | Yes |
| Trading Platforms | Interactive Brokers | Merrill Edge | |
|---|---|---|---|
| Active Trading Platform | Trader Workstation (TWS) | Merrill Edge Market Pro | |
| Desktop Trading Platform | Yes | No | |
| Desktop Platform (Mac) | Yes | No | |
| Web Trading Platform | Yes | Yes | |
| Paper Trading | Yes | No | |
| Trade Journal | Yes | No | |
| Watch Lists - Total Fields | 659 | 285 |
| Stock Chart Features | Interactive Brokers | Merrill Edge | |
|---|---|---|---|
| Charting - Adjust Trades on Chart | Yes | Yes | |
| Charting - Indicators / Studies | 155 | 105 | |
| Charting - Drawing Tools | 85 | 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 | 6 | 8 | |
| Charting - Custom Studies | No | No |
| Day Trading | Interactive Brokers | Merrill Edge | |
|---|---|---|---|
| Streaming Time & Sales | Yes | Yes | |
| Streaming TV | Yes | No | |
| Direct Market Routing - Stocks | Yes | No | |
| Ladder Trading | Yes | No | |
| Trade Hotkeys | Yes | No | |
| Level 2 Quotes - Stocks | Yes | Yes | |
| Trade Ideas - Backtesting | Yes | Yes | |
| Trade Ideas - Backtesting Adv | Yes | No | |
| Short Locator | Yes | No | |
| Order Liquidity Rebates | Yes | No |
| Research Overview | Interactive Brokers | 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 | Interactive Brokers | Merrill Edge | |
|---|---|---|---|
| Stock Research - PDF Reports | 15 | 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 | Interactive Brokers | 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 | Interactive Brokers | 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 | Interactive Brokers | Merrill Edge | |
|---|---|---|---|
| Option Chains - Basic View | Yes | Yes | |
| Option Chains - Strategy View | Yes | Yes | |
| Option Chains - Streaming | Yes | Yes | |
| Option Chains - Total Columns | 40 | 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 | Interactive Brokers | Merrill Edge | |
|---|---|---|---|
| Bank (Member FDIC) | No | Yes | |
| Checking Accounts | No | Yes | |
| Savings Accounts | No | Yes | |
| Credit Cards | No | Yes | |
| Debit Cards | No | Yes | |
| Mortgage Loans | No | Yes |
| Customer Service | Interactive Brokers | Merrill Edge | |
|---|---|---|---|
| Phone Support (Prospect Customers) | Yes | Yes | |
| Phone Support (Current Customers) | Yes | Yes | |
| Email Support | Yes | No | |
| Live Chat (Prospect Customers) | No | Yes | |
| Live Chat (Current Customers) | Yes | Yes | |
| 24/7 Support | No | Yes |
| Overall | Interactive Brokers | Merrill Edge | |
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| Review | Interactive Brokers Review | Merrill Edge Review |
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