Written by StockBrokers.com
In this head to head comparison of Merrill Edge vs TradeStation, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
When evaluating the investment options offered by Merrill Edge and TradeStation, it's important to weigh various factors that cater to diverse trading preferences. Both brokers excel in providing robust platforms for stock, margin, OTC stock, mutual fund, and options trading. However, TradeStation stands out by offering futures trading, an area Merrill Edge does not cover. Despite these differences, both platforms share a common ground with their absence in crypto and fractional share trading, a limitation potential investors should consider. With both brokers earning an impressive 4.5-star rating for their investment options, TradeStation secures a slightly higher rank at #5 compared to Merrill Edge’s #7, according to StockBrokers.com.
Merrill Edge and TradeStation equally offer substantial avenues for traditional retirement planning, featuring both Traditional and Roth IRA accounts. While TradeStation may appeal to traders seeking futures investment, Merrill Edge offers distinct value with its advisory services, a notable benefit for those seeking professional financial guidance. The presence of advisor services can differentiate Merrill Edge for investors aiming for a more managed investment approach, contrasting TradeStation’s focus on a self-directed trading environment.
In terms of investment accessibility, both brokers accommodate a comprehensive range of traditional trading avenues yet share a notable exclusion in newer asset classes, like cryptocurrencies and fractional shares. Consequently, investors looking to engage with cutting-edge trading innovations might need to look elsewhere. As these platforms continue to develop, potential users should focus not only on the star ratings and rankings but also on the specific investment features relevant to their individual financial goals and trading habits.
| Feature |
Merrill Edge
|
TradeStation
|
|---|---|---|
| Stock Trading | Yes | Yes |
| Margin Trading | Yes | Yes |
| Fractional Shares | No | No |
| OTC Stocks | Yes | Yes |
| Mutual Funds | Yes | Yes |
| Options Trading | Yes | Yes |
| Futures Trading | No | Yes |
| Crypto Trading | No | No |
| Crypto Trading - Total Coins | 0 | 0 |
| Investment Options |
|
|
Dive deeper: Best Options Trading Platforms for 2024, Best Futures Trading Platforms for 2024
Both Merrill Edge and TradeStation offer robust trading platforms and tools, but each has its unique strengths, catering to different types of traders. While Merrill Edge offers a highly rated browser-based platform and is ranked fifth among 18 brokers for its trading platforms and tools by StockBrokers.com, TradeStation distinguishes itself with a robust downloadable Windows desktop platform and ranks seventh in the same category. The overall rating for both brokers is 4.5 out of five stars, indicating a high level of user satisfaction with their offerings.
Merrill Edge focuses on providing a comprehensive browser-based trading experience, featuring the ability to adjust open orders directly on stock charts, display corporate events, and conduct automated technical analysis. With 105 technical indicators and 23 drawing tools, Merrill Edge furnishes traders with a versatile charting experience, though it lacks a paper trading facility and the ability to create custom studies. On the other hand, TradeStation supports a downloadable desktop platform for Windows users and offers an extensive suite of 294 technical indicators along with paper trading capabilities. Although TradeStation provides more customization options with 341 watch list columns and 12 custom fields for SMA studies, it does not support a downloadable platform for Mac like Merrill Edge, and it also lacks a trading journal.
In terms of charting flexibility, both platforms enable users to add notes, index overlays, and historical trades to charts, as well as set custom date ranges and save multiple chart profiles. While TradeStation offers advanced customization with its ability to create custom studies, Merrill Edge makes up for it with its ease of use and intuitive interface. Both platforms stand out for different reasons, with Merrill Edge offering a seamless browser-based experience contrasted by TradeStation's prowess in technical analysis and desktop trading capabilities, making them both strong contenders for traders seeking comprehensive tools.
| Feature |
Merrill Edge
|
TradeStation
|
|---|---|---|
| Web Trading Platform | Yes | Yes |
| Desktop Trading Platform | No | Yes |
| Desktop Platform (Mac) | No | No |
| Paper Trading | No | Yes |
| Watch Lists - Total Fields | 285 | 341 |
| Charting - Indicators / Studies | 105 | 294 |
| Charting - Drawing Tools | 23 | 23 |
| Platforms & Tools |
|
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Dive deeper: Best Stock Brokers & Trading Platforms for 2024, Best Paper Trading Platforms for 2024
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When comparing Merrill Edge and TradeStation for their beginner and investor education capabilities, Merrill Edge stands out with a comprehensive array of educational resources. Merrill Edge offers stock, ETF, options, mutual funds, and bonds education, along with educational videos, webinars, and interactive quizzes to enhance learning. However, it lacks the feature of paper trading and does not offer the ability to track learning progress. Despite this, Merrill Edge achieves a stellar rating of 5 stars for education and ranks #2 out of 18 brokers according to StockBrokers.com.
In contrast, TradeStation provides solid educational support, though it covers fewer financial topics. TradeStation offers stock and options education, as well as educational videos and webinars but lacks ETF, mutual funds, and bonds education. Notably, TradeStation features paper trading, which is advantageous for beginners to practice without risk. It does not offer quizzes or the ability to track learning progress and holds a more modest rating of 3.5 stars, ranking #11 in StockBrokers.com's broker education comparison. Overall, TradeStation offers valuable educational opportunities, but Merrill Edge provides a more comprehensive educational experience for investors.
| Feature |
Merrill Edge
|
TradeStation
|
|---|---|---|
| Education (Stocks) | Yes | Yes |
| Education (ETFs) | Yes | No |
| Education (Options) | Yes | Yes |
| Education (Mutual Funds) | Yes | No |
| Education (Bonds) | Yes | No |
| Paper Trading | No | Yes |
| Videos | Yes | Yes |
| Webinars | Yes | Yes |
| Education |
|
|
Dive deeper: Best Stock Trading Platforms for Beginners of 2024
In the realm of stock trading apps, both Merrill Edge and TradeStation stand out with their robust offerings, yet they cater to slightly different needs. Merrill Edge, rated five stars and ranked fifth by StockBrokers.com among 18 brokers, excels with cost-free trading and an easy-to-use interface. It shines with its ability to offer mobile after-hours stock trading, comprehensive custom watchlists, and landscape mode chart viewing. Meanwhile, TradeStation, rated 4.5 stars and ranked eighth, is known for its advanced trading tools, including customizable watch list columns and after-hours charting, backed by a larger number of technical studies available for charting in its mobile app.
Both platforms provide iPhone and Android apps, ensuring access to stock data on the go. However, neither supports Apple Watch apps, and both lack streaming live TV and videos on demand. For those focused on mobility, both brokers offer mobile options trading and stock alerts, along with the flexibility to view multiple time frames for charting. Yet, Merrill Edge misses the mark slightly by not offering custom watch list column configurations, something that TradeStation facilitates, allowing traders more control over how they view market data.
When it comes to charting capabilities, Merrill Edge provides the ability to display stock comparisons directly on charts, a feature TradeStation does not. Conversely, TradeStation supports an impressive 45 technical studies, outshining Merrill Edge's 34. Although TradeStation's charts cannot be viewed in landscape mode, its enhanced after-hours charting compensates for this shortcoming. Ultimately, the choice between these two platforms may hinge on a trader's preference for ease of use and rank in Merrill Edge or the technical prowess of TradeStation's app.
| Feature |
Merrill Edge
|
TradeStation
|
|---|---|---|
| iPhone App | Yes | Yes |
| Android App | Yes | Yes |
| Apple Watch App | No | No |
| Stock Alerts | Yes | Yes |
| Charting - After-Hours | No | Yes |
| Charting - Technical Studies | 34 | 45 |
| Mobile Trading Apps |
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|
Dive deeper: Best Stock Trading Apps for 2024
When comparing Merrill Edge and TradeStation in terms of fees and charges, Merrill Edge offers notable advantages for investors seeking minimal costs. Both brokers require no minimum deposit and charge $0 for regular stock trades, making them accessible for new and seasoned investors alike. However, Merrill Edge stands out with its $0 fee structure for IRA annual fees, IRA closure fees, and account transfers (ACATs), offering a cost-effective option for those mindful of extra charges. Additionally, the absence of charges for options exercise and assignment further enhances its appeal compared to TradeStation's fees of $14.95 and $5.95, respectively.
For options trading, Merrill Edge charges a slightly higher fee of $0.65 per contract compared to TradeStation's $0.60. However, this small difference might be offset by Merrill Edge's savings on other fees, notably their $0 options exercise and assignment fees. In terms of margin rates, while Merrill Edge's charges vary and aren't specified, TradeStation has set rates starting at 13.0% for balances below $50,000, dropping to 12.5% for higher balances, which may affect investors planning to trade on margin.
TradeStation's fee structure includes a $35 annual fee for IRAs and costs for account transfers, which Merrill Edge does not impose. Investors prioritizing low-cost operations might find Merrill Edge's comprehensive fee waivers more appealing, especially for those concerned about ongoing and incidental fees. Each platform has distinctive features beyond pricing, but from a purely financial perspective, Merrill Edge presents fewer obstacles in terms of additional charges, thus potentially offering better value for many investors.
| Feature |
Merrill Edge
|
TradeStation
|
|---|---|---|
| Minimum Deposit | $0.00 | $0.00 |
| Stock Trades | $0.00 | $0.00 |
| Options (Per Contract) | $0.65 | $0.60 |
| Options Exercise Fee | $0.00 | $14.95 |
| Options Assignment Fee | $0.00 | $5.95 |
| IRA Annual Fee | $0.00 | $35.00 |
| IRA Closure Fee | $49.95 | $50.00 |
| Commissions & Fees |
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Dive deeper: Best Free Trading Platforms for 2024
When evaluating the day trading capabilities of Merrill Edge and TradeStation, several distinctions become evident. Both platforms provide streaming time and sales for stocks and access to level 2 quotes, ensuring detailed market insights. However, TradeStation takes a significant lead with features like direct market routing, ladder trading, and trading hotkeys for keyboard trade entry—facilities that Merrill Edge does not offer. Additionally, TradeStation supports advanced strategy backtesting, which is absent in Merrill Edge's offerings, allowing for a more sophisticated analysis of trading strategies.
Moreover, TradeStation enhances its appeal to day traders with a short locator tool for real-time availability of shares to short and offers order liquidity (maker/taker) rebates, providing greater flexibility and potential cost savings. While both brokerages offer basic strategy backtesting, TradeStation's more extensive suite of trading tools and functionalities makes it a more robust choice for day traders seeking comprehensive and advanced trading capabilities. Conversely, Merrill Edge lacks these advanced tools, which may limit its attractiveness to more experienced traders.
| Feature |
Merrill Edge
|
TradeStation
|
|---|---|---|
| Streaming Time & Sales | Yes | Yes |
| Streaming TV | No | No |
| Direct Market Routing - Stocks | No | Yes |
| Level 2 Quotes - Stocks | Yes | Yes |
| Trade Ideas - Backtesting | Yes | Yes |
| Trade Ideas - Backtesting Adv | No | Yes |
| Short Locator | No | Yes |
Dive deeper: Best Day Trading Platforms for 2024
When comparing the market research capabilities of Merrill Edge and TradeStation, Merrill Edge clearly takes the lead as a comprehensive option for investors, earning a five-star rating and securing the fourth spot among 18 brokers as ranked by StockBrokers.com. Its extensive research offerings across stocks, ETFs, mutual funds, pink sheets, bonds, and ESG (Environmental, Social, and Governance) criteria provide investors with a thorough understanding of market opportunities and risks. While TradeStation, rated with three stars and ranked tenth, provides solid stock and pink sheet research capabilities, it lacks in several important areas, particularly in mutual funds and bonds research.
Merrill Edge stands out with its provision of downloadable PDF research reports across various investment types, such as stocks, ETFs, and mutual funds; this is a feature not offered by TradeStation. Additionally, Merrill Edge supports investors with in-depth mutual fund and bond research, plus access to a robust suite of screeners for trade ideas across all major asset classes, including stocks, ETFs, mutual funds, and bonds. These tools give investors a distinct advantage in tailoring their portfolios and investment strategies to fit unique objectives and market conditions.
TradeStation, while strong in areas such as stock research and providing the capability to view portfolio allocation by asset class, falls short in offering specialized research tools like ESG analysis and lacks research support for mutual funds and bonds entirely. With no downloadable PDF reports available and limited trade idea screeners, TradeStation may not fully meet the needs of investors looking for a comprehensive set of market research tools. Consequently, Merrill Edge offers a broader and more holistic approach to market research, making it a stronger choice for investors seeking detailed insights and diverse research support.
| Feature |
Merrill Edge
|
TradeStation
|
|---|---|---|
| Research - Stocks | Yes | Yes |
| Screener - Stocks | Yes | Yes |
| Research - ETFs | Yes | Yes |
| 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 online brokers Merrill Edge and TradeStation, Merrill Edge clearly stands out as the more comprehensive option. Merrill Edge provides a full suite of banking services, including checking and savings accounts, alongside the convenience of debit and credit cards. Clients can also access mortgage loans and Certificates of Deposit (CDs) through Merrill Edge, making it a versatile choice for those seeking integrated financial services. In contrast, TradeStation does not offer any of these banking features, such as checking or savings accounts, debit or credit cards, mortgage loans, or CDs. Thus, for users prioritizing extensive banking offerings alongside their brokerage services, Merrill Edge presents a more robust solution compared to TradeStation.
| Feature |
Merrill Edge
|
TradeStation
|
|---|---|---|
| Checking Accounts | Yes | No |
| Savings Accounts | Yes | No |
| Debit Cards | Yes | No |
| Credit Cards | Yes | No |
| Mortgage Loans | Yes | No |
| CDs | Yes | No |
Dive deeper: Best Bank Accounts for Trading Stocks for 2024
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 TradeStation. Merrill Edge finished with an overall score of 94.0%, while TradeStation finished with a score of 81.7%.
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.
In the comparison of online brokers Merrill Edge and TradeStation, neither platform offers crypto trading, with both Merrill Edge and TradeStation providing access to zero cryptocurrencies.
Dive deeper: Best Online Brokers for Crypto Trading in 2024
Merrill Edge and TradeStation both provide traditional and Roth IRA accounts, with Merrill Edge charging no annual fee compared to TradeStation's $35.00 annual fee. While closing an IRA account incurs fees from both brokers, Merrill Edge's closure fee is slightly lower at $49.95 versus TradeStation's $50.00.
Dive deeper: Best IRA Accounts for 2024
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0 of 5| Overall Rating | Merrill Edge | TradeStation | |
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| Broker Screenshots | Merrill Edge | TradeStation | |
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| Trading Fees | Merrill Edge | TradeStation | |
|---|---|---|---|
| Minimum Deposit | $0.00 | $0.00 | |
| Stock Trades | $0.00 | $0.00 | |
| Penny Stock Fees (OTC) | N/A | $0.01 | |
| Mutual Fund Trade Fee | Varies | $14.95 | |
| Options (Per Contract) | $0.65 | $0.60 | |
| Futures (Per Contract) | (Not offered) | $1.50 | |
| Broker Assisted Trade Fee | $29.95 | $25 |
| Margin Rates | Merrill Edge | TradeStation | |
|---|---|---|---|
| Margin Rate Under $25,000 | Varies | 13.0% | |
| Margin Rate $25,000 to $49,999.99 | Varies | 13.0% | |
| Margin Rate $50,000 to $99,999.99 | Varies | 12.5% | |
| Margin Rate $100,000 to $249,999.99 | Varies | 12.0% | |
| Margin Rate $250,000 to $499,999.99 | Varies | 12.0% | |
| Margin Rate $500,000 to $999,999.99 | Varies | 7.5% | |
| Margin Rate Above $1,000,000 | Varies | 7.5% |
| Account Fees | Merrill Edge | TradeStation | |
|---|---|---|---|
| IRA Annual Fee | $0.00 | $35.00 | |
| IRA Closure Fee | $49.95 | $50.00 | |
| Account Transfer Out (Partial) | $0.00 | $125.00 | |
| Account Transfer Out (Full) | $0.00 | $125.00 | |
| Options Exercise Fee | $0.00 | $14.95 | |
| Options Assignment Fee | $0.00 | $5.95 |
| Investment Options | Merrill Edge | TradeStation | |
|---|---|---|---|
| Stock Trading | Yes | Yes | |
| Margin Trading | Yes | Yes | |
| Fractional Shares | No | No | |
| OTC Stocks | Yes | Yes | |
| Options Trading | Yes | Yes | |
| Complex Options Max Legs | 4 | 4 | |
| Futures Trading | No | Yes | |
| Forex Trading | No | No | |
| Crypto Trading | No | No | |
| Crypto Trading - Total Coins | 0 | 0 | |
| Mutual Funds (No Load) | 2952 | 800 | |
| Mutual Funds (Total) | 3466 | 4000 | |
| 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 | TradeStation | |
|---|---|---|---|
| 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 | TradeStation | |
|---|---|---|---|
| Education (Stocks) | Yes | Yes | |
| Education (ETFs) | Yes | No | |
| Education (Options) | Yes | Yes | |
| Education (Mutual Funds) | Yes | No | |
| Education (Bonds) | Yes | No | |
| Education (Retirement) | Yes | No | |
| Retirement Calculator | Yes | No | |
| Investor Dictionary | Yes | No | |
| Paper Trading | No | Yes | |
| Videos | Yes | Yes | |
| Webinars | Yes | Yes | |
| Webinars (Archived) | Yes | Yes | |
| Progress Tracking | No | No | |
| Interactive Learning - Quizzes | Yes | No |
| Stock Trading Apps | Merrill Edge | TradeStation | |
|---|---|---|---|
| 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 | TradeStation | |
|---|---|---|---|
| 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 | TradeStation | |
|---|---|---|---|
| Charting - After-Hours | No | Yes | |
| Charting - Can Turn Horizontally | Yes | No | |
| Charting - Multiple Time Frames | Yes | Yes | |
| Charting - Technical Studies | 34 | 45 | |
| Charting - Study Customizations | Yes | Yes | |
| Charting - Stock Comparisons | Yes | No |
| Trading Platforms | Merrill Edge | TradeStation | |
|---|---|---|---|
| Active Trading Platform | Merrill Edge Market Pro | TradeStation 10 | |
| Desktop Trading Platform | No | Yes | |
| Desktop Platform (Mac) | No | No | |
| Web Trading Platform | Yes | Yes | |
| Paper Trading | No | Yes | |
| Trade Journal | No | No | |
| Watch Lists - Total Fields | 285 | 341 |
| Stock Chart Features | Merrill Edge | TradeStation | |
|---|---|---|---|
| Charting - Adjust Trades on Chart | Yes | Yes | |
| Charting - Indicators / Studies | 105 | 294 | |
| Charting - Drawing Tools | 23 | 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 | 8 | 12 | |
| Charting - Custom Studies | No | Yes |
| Day Trading | Merrill Edge | TradeStation | |
|---|---|---|---|
| Streaming Time & Sales | Yes | Yes | |
| Streaming TV | No | No | |
| Direct Market Routing - Stocks | No | Yes | |
| Ladder Trading | No | Yes | |
| Trade Hotkeys | No | Yes | |
| Level 2 Quotes - Stocks | Yes | Yes | |
| Trade Ideas - Backtesting | Yes | Yes | |
| Trade Ideas - Backtesting Adv | No | Yes | |
| Short Locator | No | Yes | |
| Order Liquidity Rebates | No | Yes |
| Research Overview | Merrill Edge | TradeStation | |
|---|---|---|---|
| Research - Stocks | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Mutual Funds | Yes | No | |
| Research - Pink Sheets / OTCBB | Yes | Yes | |
| Research - Bonds | Yes | No | |
| Screener - Stocks | Yes | Yes | |
| Screener - ETFs | Yes | No | |
| Screener - Mutual Funds | Yes | No | |
| Screener - Bonds | Yes | No | |
| Misc - Portfolio Allocation | Yes | Yes |
| Stock Research | Merrill Edge | TradeStation | |
|---|---|---|---|
| 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 | TradeStation | |
|---|---|---|---|
| ETFs - Strategy Overview | Yes | No | |
| ETF Fund Facts - Inception Date | Yes | No | |
| ETF Fund Facts - Expense Ratio | Yes | No | |
| ETF Fund Facts - Net Assets | Yes | No | |
| ETF Fund Facts - Total Holdings | Yes | No | |
| ETFs - Top 10 Holdings | Yes | No | |
| 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 | TradeStation | |
|---|---|---|---|
| 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 | Yes | |
| 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 | TradeStation | |
|---|---|---|---|
| Option Chains - Basic View | Yes | Yes | |
| Option Chains - Strategy View | Yes | Yes | |
| Option Chains - Streaming | Yes | Yes | |
| Option Chains - Total Columns | 68 | 29 | |
| 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 | No | Yes | |
| 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 | Merrill Edge | TradeStation | |
|---|---|---|---|
| Bank (Member FDIC) | Yes | No | |
| Checking Accounts | Yes | No | |
| Savings Accounts | Yes | No | |
| Credit Cards | Yes | No | |
| Debit Cards | Yes | No | |
| Mortgage Loans | Yes | No |
| Customer Service | Merrill Edge | TradeStation | |
|---|---|---|---|
| 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 | TradeStation | |
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| Review | Merrill Edge Review | TradeStation Review |
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