Written by StockBrokers.com
In this head to head comparison of Merrill Edge vs SoFi Invest®, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
When comparing online brokers Merrill Edge and SoFi Invest®, investors will find that both platforms offer a variety of investment options, with some distinctions in their offerings. Merrill Edge is ranked higher by StockBrokers.com for investment options, securing the #7 spot out of 18 brokers and earning a 4.5-star rating. Meanwhile, SoFi Invest® ranks at #16 with a 3-star rating. This suggests that Merrill Edge may offer more comprehensive investment options compared to SoFi Invest®.
Both Merrill Edge and SoFi Invest® offer stock and margin trading, options trading, mutual funds, and OTC stocks, providing a diverse range of traditional investment vehicles. However, Merrill Edge does not offer fractional shares trading, a feature that SoFi Invest® includes, which may appeal to investors looking for more flexible share-buying options. Neither platform provides forex or futures trading, and while neither currently offers crypto trading, they both have zero coins available for such trading.
For account types, both brokers provide opportunities to invest through traditional and Roth IRA accounts. They also offer advisory services, catering to investors who seek guidance in their financial decisions. Though there are similarities, investors may prefer Merrill Edge for its higher ranking and wider recognition in investment options, or SoFi Invest® if fractional share trading is a priority.
| Feature |
Merrill Edge
|
SoFi Invest®
|
|---|---|---|
| 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 |
| Investment Options |
|
|
Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025
When comparing the trading platforms and tools offered by Merrill Edge and SoFi Invest®, Merrill Edge clearly stands out for its comprehensive features and advanced options for serious traders. Merrill Edge receives a rating of 4.5 stars, significantly higher than SoFi Invest®'s 2.5-star rating, positioning it as a top contender amongst 18 brokers as per StockBrokers.com's ranking, where it claims the 5th spot compared to SoFi Invest®'s 15th. This makes Merrill Edge the preferred choice for users looking for a robust trading experience with a rich set of functionalities and customization options.
In terms of trading platforms, neither Merrill Edge nor SoFi Invest® offers a desktop downloadable option for Windows or Mac, but both provide user-friendly browser-based platforms. However, Merrill Edge is equipped with far more advanced tools like 105 technical indicators, 23 drawing tools, and unique features that allow you to adjust open orders directly on stock charts, add notes, index overlays, and display corporate events. In comparison, SoFi Invest® lacks these tools and indicators, making it less suitable for traders wanting detailed charting capabilities.
Watch list capabilities further highlight the disparity between the two platforms, where Merrill Edge offers an extensive 285 columns for watch list fields, compared to SoFi Invest®'s meager 3. Additionally, Merrill Edge supports a breadth of chart customization options such as setting custom date ranges, automated technical analysis, and the ability to save multiple chart profiles; SoFi Invest® offers none of these. Further setting itself apart, Merrill Edge includes features like showing historical trades on charts, adding index overlays, and displaying corporate events, providing a holistic trading environment that caters to both novice and experienced traders alike.
| Feature |
Merrill Edge
|
SoFi Invest®
|
|---|---|---|
| Web Trading Platform | Yes | Yes |
| Desktop Trading Platform | No | No |
| Desktop Platform (Mac) | No | No |
| Paper Trading | No | No |
| Watch Lists - Total Fields | 285 | 3 |
| Charting - Indicators / Studies | 105 | 0 |
| Charting - Drawing Tools | 23 | 0 |
| 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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When comparing the beginner and investor education capabilities of Merrill Edge to SoFi Invest®, both platforms offer extensive resources, including stock, ETF, options, mutual funds, and bonds education. Merrill Edge shines with educational features such as videos, webinars, and quizzes that allow users to engage actively with learning materials, earning a top-tier 5-star rating for education. Despite the absence of paper trading and a learning progress tracking system, Merrill Edge secures an impressive #2 ranking among 18 brokers as per StockBrokers.com.
SoFi Invest® matches Merrill Edge in providing comprehensive educational content across various financial instruments and offers webinars to support user learning, achieving a commendable 4.5-star rating for education. However, its lack of educational videos, quizzes, and tools to track learning progress slightly diminishes its appeal for beginners. Despite these limitations, SoFi Invest® maintains a solid #7 rank in the StockBrokers.com education rankings, showcasing its commitment to empowering investors with foundational knowledge.
| Feature |
Merrill Edge
|
SoFi Invest®
|
|---|---|---|
| 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 | No |
| Webinars | Yes | Yes |
| Education |
|
|
Dive deeper: Best Stock Trading Platforms for Beginners of 2025
When evaluating the stock trading app capabilities of Merrill Edge and SoFi Invest®, Merrill Edge stands out with a superior rating of 5 stars compared to SoFi Invest®'s 3 stars. According to StockBrokers.com, Merrill Edge ranks 5th out of 18 brokers for its app, while SoFi Invest® sits at 16th place. Both platforms offer iPhone and Android apps, but Merrill Edge's more comprehensive range of features caters to serious investors seeking advanced mobile trading options.
Merrill Edge's stock trading app provides everything from mobile after-hours trading and options trading to streaming quotes and the ability to create custom watch lists. Investors can explore charts in landscape mode, access 34 technical studies, and perform stock comparisons right within the app. Unfortunately, features like streaming live TV and videos on demand are not available on either platform, but Merrill Edge compensates with detailed charting capabilities across multiple time frames.
On the other hand, SoFi Invest® offers a more basic app with limited functionality, lacking features like mobile options trading, stock alerts, and custom watch lists. Although it does support viewing charts in multiple time frames, the absence of technical studies or the option to create stock comparisons may hinder more in-depth analysis. Both platforms provide essential stock trading services, but for investors prioritizing a robust mobile experience, Merrill Edge emerges as the stronger contender.
| Feature |
Merrill Edge
|
SoFi Invest®
|
|---|---|---|
| iPhone App | Yes | Yes |
| Android App | Yes | Yes |
| Apple Watch App | No | No |
| Stock Alerts | Yes | No |
| Charting - After-Hours | No | No |
| Charting - Technical Studies | 34 | 0 |
| Mobile Trading Apps |
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|
Dive deeper: Best Stock Trading Apps for 2025
When comparing Merrill Edge and SoFi Invest® in terms of account fees and charges, investors will find significant differences that could influence their choice of an online brokerage. Merrill Edge stands out for its commission-free stock trades and zero minimum deposit requirement, potentially appealing to cost-conscious investors. Meanwhile, SoFi Invest® also offers commission-free trading but has a modest $5 minimum deposit. Nevertheless, differences are pronounced when evaluating other fees such as options contracts, where Merrill Edge charges $0.65 per contract, while SoFi Invest® offers them free of charge. Furthermore, Merrill Edge imposes no charges for partial or full account transfers and does not levy fees for options exercise or assignment, making it an attractive option for those prioritizing comprehensive fee-free services. In contrast, SoFi Invest® charges $100 for both partial and full account transfers and $5 for options-related services.
Diving deeper into the specifics, both Merrill Edge and SoFi Invest® offer additional benefits depending on investment needs. Although Merrill Edge charges a variable rate for margin balances below $25,000 and for tiers up to $99,999, it does not disclose exact figures, necessitating potential customers to inquire directly. Conversely, SoFi Invest® maintains a transparent 11.25% annual percentage rate on varying margin balance tiers. In terms of IRA services, both brokers offer fee-free IRA maintenance, but Merrill Edge charges $49.95 for account closure compared to SoFi Invest®’s more economical $20 fee, which could be a consideration for those planning to rollover or close their retirement accounts in the future.
Considering these factors, both Merrill Edge and SoFi Invest® cater to different types of investors. Merrill Edge may appeal to those who prioritize free stock trading with no account transfer fees, particularly useful to active traders not utilizing margin accounts regularly. Conversely, SoFi Invest®’s fee-free options trading and lower IRA closure fees might attract investors who value cost-free derivatives trading and anticipate exiting IRAs at lesser closure costs. Ultimately, the choice between these two brokerages hinges on available resources, trading frequency, and individual investment strategy preferences.
| Feature |
Merrill Edge
|
SoFi Invest®
|
|---|---|---|
| Minimum Deposit | $0.00 | $5.00 |
| Stock Trades | $0.00 | $0.00 |
| Options (Per Contract) | $0.65 | $0.00 |
| Options Exercise Fee | $0.00 | $5.00 |
| Options Assignment Fee | $0.00 | $5.00 |
| IRA Annual Fee | $0.00 | $0.00 |
| IRA Closure Fee | $49.95 | $20.00 |
| Commissions & Fees |
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Dive deeper: Best Free Trading Platforms for 2025
When evaluating day trading capabilities, Merrill Edge provides a more robust offering compared to SoFi Invest®. With streaming time and sales for stocks and level 2 quotes, Merrill Edge delivers essential tools for active traders seeking detailed market data and deeper insight into stock movements. Additionally, it offers basic strategy backtesting, allowing traders to refine their trading approaches based on historical data. However, both platforms share limitations as neither offers direct market routing, ladder trading, trading hotkeys, advanced strategy backtesting, short locator tools, stream live TV, nor order liquidity rebates.
SoFi Invest®, while a popular choice for beginner investors, lacks several features crucial for day trading. It does not provide streaming time and sales or level 2 quotes, which are important for real-time market analysis. SoFi also misses out on basic and advanced strategy backtesting, further constraining its utility for strategic day traders. Overall, for those primarily focused on day trading, Merrill Edge offers a more complete set of tools, despite its own limitations, which surpass those offered by SoFi Invest®.
| Feature |
Merrill Edge
|
SoFi Invest®
|
|---|---|---|
| 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 a head-to-head comparison of market research capabilities, Merrill Edge stands out as a superior choice over SoFi Invest®. With a comprehensive array of research tools and resources, Merrill Edge provides extensive support for investors looking to delve deeper into the market. In contrast, SoFi Invest® offers limited market research options, making it less suitable for those seeking in-depth analysis and insights. Merrill Edge is awarded 5 stars for its market research capabilities, ranking 4th out of 18 brokers in StockBrokers.com's evaluation. SoFi Invest®, on the other hand, receives a 2-star rating and ranks 18th out of 18 brokers.
Merrill Edge provides investors access to a wide range of research materials, including reports on stocks, ETFs, mutual funds, pink sheets/OTCBB, and bonds. Users can further enrich their investment strategies with ESG research offerings, and downloadable PDF reports for stocks, ETFs, and mutual funds. Moreover, Merrill Edge's suite includes screeners for effective trade ideas across various investment vehicles, allowing investors to make informed decisions based on thorough analysis. Additionally, the platform allows users to view portfolio allocation by asset class, adding another layer of strategic investment planning.
While SoFi Invest® does enable users to view portfolio allocation by asset class, it falls short in offering substantial market research features. The platform lacks access to stock, ETFs, mutual funds, pink sheets/OTCBB, and bonds research, along with ESG data and downloadable reports. The absence of social media sentiment analysis and screeners for trade ideas further exacerbates the limitations for investors seeking detailed and diverse market insights. As a result, SoFi Invest® might appeal more to novice investors or those seeking simpler investment solutions without the need for extensive market research capabilities.
| Feature |
Merrill Edge
|
SoFi Invest®
|
|---|---|---|
| Research - Stocks | Yes | No |
| Screener - Stocks | Yes | No |
| Research - ETFs | Yes | No |
| Screener - ETFs | Yes | No |
| Research - Mutual Funds | Yes | No |
| Screener - Mutual Funds | Yes | No |
| Research - Bonds | Yes | No |
| Screener - Bonds | Yes | No |
| Research |
|
|
When comparing the banking capabilities of Merrill Edge and SoFi Invest®, both platforms offer a range of financial services including checking accounts, savings accounts, debit cards, credit cards, and mortgage loans, catering to diverse banking needs. However, a key difference lies in the availability of certificates of deposit (CDs); Merrill Edge offers CDs, providing an additional investment option, whereas SoFi Invest® currently does not offer CDs. This distinction may influence users seeking a more traditional savings product as part of their financial strategy. Each platform delivers a comprehensive suite of banking solutions, yet this difference in CD availability could be a deciding factor for potential customers evaluating which service best aligns with their savings and investment goals.
| Feature |
Merrill Edge
|
SoFi Invest®
|
|---|---|---|
| Checking Accounts | Yes | Yes |
| Savings Accounts | Yes | Yes |
| Debit Cards | Yes | Yes |
| Credit Cards | Yes | Yes |
| Mortgage Loans | Yes | Yes |
| CDs | Yes | No |
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 SoFi Invest®. Merrill Edge finished with an overall score of 94.0%, while SoFi Invest® finished with a score of 73.7%.
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.
While neither Merrill Edge nor SoFi Invest® offers crypto trading options, both platforms provide a wide array of investment opportunities and resources, catering to different financial needs and preferences despite their lack of cryptocurrency offerings.
Dive deeper: Best Online Brokers for Crypto Trading in 2025
Both Merrill Edge and SoFi Invest® offer traditional and Roth IRA accounts with no annual fees, but Merrill Edge charges a $49.95 closure fee compared to SoFi Invest®'s $20.00 fee.
Dive deeper: Best IRA Accounts for 2025
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| Review | Merrill Edge Review | SoFi Invest® Review |
| Broker Screenshots | Merrill Edge | SoFi Invest® | |
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| Trading Fees | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| Minimum Deposit | $0.00 | $5.00 | |
| Stock Trades | $0.00 | $0.00 | |
| Penny Stock Fees (OTC) | N/A | N/A | |
| Mutual Fund Trade Fee | Varies | $0 | |
| Options (Per Contract) | $0.65 | $0.00 | |
| Futures (Per Contract) | (Not offered) | $0.00 | |
| Broker Assisted Trade Fee | $29.95 | N/A |
| Margin Rates | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| Margin Rate Under $25,000 | Varies | 11.25% | |
| Margin Rate $25,000 to $49,999.99 | Varies | 11.25% | |
| Margin Rate $50,000 to $99,999.99 | Varies | 11.25% | |
| Margin Rate $100,000 to $249,999.99 | Varies | 11.25% | |
| Margin Rate $250,000 to $499,999.99 | Varies | 11.25% | |
| Margin Rate $500,000 to $999,999.99 | Varies | 11.25% | |
| Margin Rate Above $1,000,000 | Varies | 11.25% |
| Account Fees | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| IRA Annual Fee | $0.00 | $0.00 | |
| IRA Closure Fee | $49.95 | $20.00 | |
| Account Transfer Out (Partial) | $0.00 | $100.00 | |
| Account Transfer Out (Full) | $0.00 | $100.00 | |
| Options Exercise Fee | $0.00 | $5.00 | |
| Options Assignment Fee | $0.00 | $5.00 |
| Investment Options | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| 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 | 0 | |
| Futures Trading | No | No | |
| Forex Trading | No | No | |
| Crypto Trading | No | No | |
| Crypto Trading - Total Coins | 0 | 0 | |
| Mutual Funds (No Load) | 2952 | 0 | |
| Mutual Funds (Total) | 3466 | 6000 | |
| Bonds (US Treasury) | Yes | No | |
| Bonds (Corporate) | Yes | No | |
| Bonds (Municipal) | Yes | No | |
| Traditional IRAs | Yes | Yes | |
| Roth IRAs | Yes | Yes | |
| Advisor Services | Yes | Yes | |
| International Countries (Stocks) | 0 | 0 |
| Order Types | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| Order Type - Market | Yes | Yes | |
| Order Type - Limit | Yes | Yes | |
| Order Type - After Hours | Yes | Yes | |
| Order Type - Stop | Yes | No | |
| Order Type - Trailing Stop | Yes | No | |
| Order Type - OCO | No | No | |
| Order Type - OTO | No | No | |
| Order Type - Broker Assisted | Yes | No |
| Beginners | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| 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 | No | |
| Investor Dictionary | Yes | Yes | |
| Paper Trading | No | No | |
| Videos | Yes | No | |
| Webinars | Yes | Yes | |
| Webinars (Archived) | Yes | Yes | |
| Progress Tracking | No | No | |
| Interactive Learning - Quizzes | Yes | No |
| Stock Trading Apps | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| 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 | No | |
| Trading - Complex Options | Yes | No | |
| Order Ticket RT Quotes | Yes | Yes | |
| Order Ticket SRT Quotes | No | No |
| Stock App Features | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| Market Movers (Top Gainers) | Yes | Yes | |
| Stream Live TV | No | No | |
| Videos on Demand | No | No | |
| Stock Alerts | Yes | No | |
| Option Chains Viewable | Yes | No | |
| Watch List (Real-time) | Yes | Yes | |
| Watch List (Streaming) | Yes | No | |
| Watch Lists - Create & Manage | Yes | No | |
| Watch Lists - Column Customization | No | No |
| Stock App Charting | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| Charting - After-Hours | No | No | |
| Charting - Can Turn Horizontally | Yes | No | |
| Charting - Multiple Time Frames | Yes | Yes | |
| Charting - Technical Studies | 34 | 0 | |
| Charting - Study Customizations | Yes | No | |
| Charting - Stock Comparisons | Yes | No |
| Trading Platforms | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| Active Trading Platform | Merrill Edge Market Pro | N/A | |
| 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 | 3 |
| Stock Chart Features | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| Charting - Adjust Trades on Chart | Yes | No | |
| Charting - Indicators / Studies | 105 | 0 | |
| Charting - Drawing Tools | 23 | 0 | |
| Charting - Notes | Yes | No | |
| Charting - Index Overlays | Yes | No | |
| 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 | No | |
| Charting - Study Customizations | 8 | 0 | |
| Charting - Custom Studies | No | No |
| Day Trading | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| 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 | SoFi Invest® | |
|---|---|---|---|
| Research - Stocks | Yes | No | |
| Research - ETFs | Yes | No | |
| Research - Mutual Funds | Yes | No | |
| Research - Pink Sheets / OTCBB | Yes | No | |
| Research - Bonds | Yes | No | |
| Screener - Stocks | Yes | No | |
| Screener - ETFs | Yes | No | |
| Screener - Mutual Funds | Yes | No | |
| Screener - Bonds | Yes | No | |
| Misc - Portfolio Allocation | Yes | Yes |
| Stock Research | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| Stock Research - PDF Reports | 3 | 0 | |
| Stock Research - Earnings | Yes | No | |
| Stock Research - Insiders | Yes | No | |
| Stock Research - Social | No | No | |
| Stock Research - News | Yes | Yes | |
| Stock Research - ESG | Yes | No | |
| Stock Research - SEC Filings | Yes | No |
| ETF Research | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| ETFs - Strategy Overview | Yes | Yes | |
| ETF Fund Facts - Inception Date | Yes | No | |
| ETF Fund Facts - Expense Ratio | Yes | Yes | |
| ETF Fund Facts - Net Assets | Yes | No | |
| ETF Fund Facts - Total Holdings | Yes | No | |
| ETFs - Top 10 Holdings | Yes | Yes | |
| ETFs - Sector Exposure | Yes | No | |
| ETFs - Risk Analysis | Yes | No | |
| ETFs - Ratings | Yes | No | |
| ETFs - Morningstar StyleMap | Yes | No | |
| ETFs - PDF Reports | Yes | No |
| Mutual Fund Research | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| Mutual Funds - Strategy Overview | Yes | No | |
| Mutual Funds - Performance Chart | Yes | No | |
| Mutual Funds - Performance Analysis | Yes | No | |
| Mutual Funds - Prospectus | Yes | No | |
| Mutual Funds - 3rd Party Ratings | Yes | No | |
| Mutual Funds - Fees Breakdown | Yes | No | |
| Mutual Funds - Top 10 Holdings | Yes | No | |
| Mutual Funds - Asset Allocation | Yes | No | |
| Mutual Funds - Sector Allocation | Yes | No | |
| Mutual Funds - Country Allocation | Yes | No | |
| Mutual Funds - StyleMap | Yes | No |
| Options Trading | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| Option Chains - Basic View | Yes | Yes | |
| Option Chains - Strategy View | Yes | No | |
| Option Chains - Streaming | Yes | No | |
| Option Chains - Total Columns | 68 | 0 | |
| Option Chains - Greeks | 5 | 0 | |
| Option Chains - Quick Analysis | Yes | No | |
| Option Analysis - P&L Charts | Yes | No | |
| Option Probability Analysis | Yes | No | |
| Option Probability Analysis Adv | No | No | |
| Option Positions - Greeks | Yes | No | |
| Option Positions - Greeks Streaming | Yes | No | |
| Option Positions - Adv Analysis | Yes | No | |
| Option Positions - Rolling | Yes | No | |
| Option Positions - Grouping | Yes | No |
| Banking | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| Bank (Member FDIC) | Yes | Yes | |
| Checking Accounts | Yes | Yes | |
| Savings Accounts | Yes | Yes | |
| Credit Cards | Yes | Yes | |
| Debit Cards | Yes | Yes | |
| Mortgage Loans | Yes | Yes |
| Customer Service | Merrill Edge | SoFi Invest® | |
|---|---|---|---|
| Phone Support (Prospect Customers) | Yes | Yes | |
| Phone Support (Current Customers) | Yes | Yes | |
| Email Support | No | No | |
| Live Chat (Prospect Customers) | Yes | Yes | |
| Live Chat (Current Customers) | Yes | Yes | |
| 24/7 Support | Yes | No |
| Overall | Merrill Edge | SoFi Invest® | |
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| Review | Merrill Edge Review | SoFi Invest® Review |
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