Written by StockBrokers.com
In this head to head comparison of Merrill Edge vs TradeStation, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
When deciding between Merrill Edge and TradeStation for online trading, both brokers offer a strong selection of investment options, earning them identical ratings of 4.5 stars for their range of investments. They provide a solid foundation with features like stock and options trading, as well as access to mutual and OTC stocks. However, there are some key distinctions to consider. While both platforms lack fractional shares and crypto trading, TradeStation offers futures trading, which could appeal to more advanced traders. Additionally, Merrill Edge stands out for its advisor services, a feature that TradeStation does not offer. Ultimately, your choice may depend on whether you value future trading capabilities or advisor support more highly.
Merrill Edge and TradeStation both cater to investors by offering a variety of investment vehicles. They both support stock and margin trading, giving users ample opportunities to manage and leverage their investment portfolios. While neither broker provides access to fractional shares or cryptocurrency trading, they both allow trading of OTC stocks and mutual funds, meeting the basic needs of many investors.
For retirement planning, both Merrill Edge and TradeStation offer traditional and Roth IRA accounts, making it easy for users to plan for their future. While Merrill Edge offers additional guidance through advisor services, TradeStation provides a unique selling point with its availability of futures trading, catering to investors looking for more sophisticated opportunities. Despite finishing closely in independent rankings, TradeStation edges Merrill Edge slightly, securing a higher position for its investment range, which may be attributed to its inclusion of futures trading.
| 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 |
| Range of Investments |
|
|
Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025
When it comes to trading platforms and tools, Merrill Edge and TradeStation each have their strengths, but TradeStation inches ahead overall. TradeStation is renowned for its feature-rich desktop platform available for Windows, which stands out as a significant advantage against Merrill Edge, which lacks a downloadable platform altogether. Both brokers provide a browser-based platform, ensuring accessibility across devices. However, TradeStation offers paper trading, which Merrill Edge does not, allowing new traders to practice without risk. Ranked higher by StockBrokers.com, TradeStation receives a 4.5-star rating compared to Merrill Edge’s 4 stars, making it slightly superior in terms of trading platforms and tools.
For technical analysis enthusiasts, TradeStation emerges as a strong candidate, offering a whopping 294 technical indicators against Merrill Edge’s 105. Both platforms boast an equal number of drawing tools at 23, and they are equally equipped for advanced chart features like adding notes, index overlays, and showing historical trades and corporate events. Moreover, they both allow users to set custom date ranges and save multiple chart profiles. However, if creating custom studies is a deal-breaker, TradeStation permits this whereas Merrill Edge does not, providing more flexibility to sophisticated traders.
Watchlists are more comprehensive with TradeStation, offering 341 fields compared to Merrill Edge's 285. Adjusting open orders directly on charts is seamless with both platforms, and they both exhibit automated technical analysis. Yet, a distinct difference surfaces in the customization of chart studies; TradeStation excels with 12 fields available for editing an SMA study, surpassing Merrill Edge’s 8. Therefore, if detailed customizability and extensive technical features are a priority, TradeStation may be the better choice for your trading journey.
| 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 |
|
|
Dive deeper: 7 Best Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
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When it comes to beginner and investor education, Merrill Edge and TradeStation both offer valuable resources, but there are distinct differences in their offerings. Merrill Edge provides comprehensive educational content on stocks, ETFs, options, mutual funds, and bonds, making it a solid choice for diverse learning needs. Additionally, Merrill Edge supports investor education with video tutorials, webinars, and quizzes to help beginners engage with the material. However, it lacks a paper trading feature, which can be a drawback for those looking to practice trades without risking actual money. TradeStation, on the other hand, offers education primarily focused on stocks and options, along with video content and webinars. Although it does not cover investment avenues like ETFs, mutual funds, and bonds, TradeStation does stand out by offering a paper trading option that allows beginners to hone their skills.
From a ratings standpoint, Merrill Edge takes a higher position with a rating of 4.5 stars for its educational resources, compared to TradeStation's 3 stars. This is reflected in their rankings by StockBrokers.com, where Merrill Edge holds the 5th spot out of 16 brokers for education, while TradeStation trails behind at 14th place. Both brokers provide a solid foundation for novice investors, yet Merrill Edge's breadth of educational subjects and interactive learning tools give it an edge for those seeking a well-rounded introduction to investing. However, TradeStation's inclusion of a paper trading platform could be particularly beneficial for new traders looking to gain real-world experience before investing real money.
| 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 2025
When evaluating Merrill Edge and TradeStation for stock trading app capabilities, both platforms feature highly rated apps, each receiving a stellar 4.5 out of 5 stars. Merrill Edge edges out TradeStation in rankings by StockBrokers.com, securing the sixth position among 16 brokers, while TradeStation follows closely in the eighth spot. This initial overview gives a balanced foundation for diving deeper into the features that set each app apart.
Both Merrill Edge and TradeStation provide mobile access on iPhone and Android devices, making them accessible to a wide range of users. While neither supports an Apple Watch app, both platforms excel in after-hours trading and options trading on mobile. They also offer crucial features like streaming quotes and custom watch lists, with TradeStation taking an edge in customization by allowing users to customize columns within watch lists. Furthermore, after-hours charting is exclusive to TradeStation, which could appeal to traders who engage in extended market analysis.
In the realm of charting, Merrill Edge offers more intuitive features, including the ability to view charts in landscape mode, which TradeStation lacks. Both platforms support multiple time frames for charting, but Merrill Edge allows stock comparisons to be displayed directly on the charts, a feature absent in TradeStation's offerings. For technical studies, TradeStation boasts a slightly higher number of options with 45 studies compared to Merrill Edge's 34, catering to those who demand detailed analysis capabilities on-the-go.
| 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 |
|
|
Dive deeper: Best Stock Trading Apps for 2025
When choosing between Merrill Edge and TradeStation, understanding their account fees and charges helps highlight key differences. Merrill Edge stands out with its cost-effective approach, offering $0 commissions on stock trades and not requiring a minimum deposit, similar to TradeStation. However, Merrill Edge charges $0.65 for options contracts, slightly more than TradeStation's $0.60. Additionally, Merrill Edge does not charge IRA annual fees, while TradeStation does, although IRA closure fees are about the same. What differentiates Merrill Edge significantly is its lack of fees on account transfers and options exercises, in contrast to the notable charges imposed by TradeStation.
Both Merrill Edge and TradeStation offer commission-free stock trades and no minimum deposit requirements, making them accessible options for various investors. Their fee structures diverge with options trading, where TradeStation offers a slight advantage at $0.60 per contract compared to Merrill Edge’s $0.65. Additionally, TradeStation imposes a $35 annual fee for IRA accounts, whereas Merrill Edge doesn’t charge a fee annually, but both incur around $50 for IRA closures.
Margin interest rates and additional charges further distinguish these platforms. TradeStation has a clear margin policy, with fixed rates starting at 13.0% for balances below $50,000, dropping slightly to 12.5% beyond that range. Conversely, Merrill Edge's margin rates vary based on account specifics. Furthermore, Merrill Edge’s no-fee policy for both full and partial account transfers offers a considerable saving over TradeStation’s $125 charge per transfer. Similarly, TradeStation has higher fees for options exercises and assignments, adding to its overall costs versus Merrill Edge's free services in these areas.
| 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 |
Dive deeper: Best Free Trading Platforms for 2025
When it comes to day trading, Merrill Edge and TradeStation both offer notable features, but they cater to different types of traders. Merrill Edge provides streaming time and sales for stocks and level 2 quotes, both of which are essential for traders looking to analyze market depth and activity. It also offers basic strategy backtesting, helping traders refine their techniques. However, Merrill Edge lacks support for direct market routing, ladder trading, trading hotkeys, and advanced strategy backtesting, which are features that can enhance a trader's speed and effectiveness.
TradeStation is better equipped for high-frequency and more advanced day traders. It offers a comprehensive toolkit including streaming time and sales, level 2 quotes, and basic and advanced strategy backtesting. The platform stands out with its features like direct market routing, ladder trading, and trading hotkeys for quick and efficient trade execution. In addition, TradeStation provides a short locator tool for access to real-time information on shortable shares, as well as order liquidity rebates, appealing to traders focused on cost-effective market participation. While neither platform offers streaming live TV, TradeStation offers a more complete set of tools for active 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 2025
When it comes to market research capabilities, Merrill Edge stands out compared to TradeStation. Merrill Edge offers comprehensive research services, including stock, ETFs, mutual funds, and bonds, whereas TradeStation covers stocks and ETFs only, lacking mutual funds and bonds research. Additionally, Merrill Edge provides downloadable PDF reports and an array of screeners for various investment products, further cementing its strong standing in market research. With a 5-star rating and a ranking of #5 out of 16 brokers for market research, Merrill Edge proves to be a more robust choice compared to TradeStation's 2-star rating and #11 ranking.
Merrill Edge offers an inclusive range of research options, catering to stocks, ETFs, mutual funds, pink sheets, and bonds. This platform equips investors with downloadable PDF reports for stocks, ETFs, and mutual funds while offering ESG research and portfolio allocation tools. TradeStation, while offering research services for stocks and ETFs, does not extend its capabilities to mutual funds, bonds, or ESG considerations, resulting in fewer comprehensive resources for diversified investment strategies.
In terms of tools for generating trade ideas, Merrill Edge provides a significant advantage with powerful screeners available for stocks, ETFs, mutual funds, and bonds. In contrast, TradeStation features screeners only for stocks, limiting investors seeking broad-spectrum analysis tools. Without social media sentiment data research for stock analysis, both platforms experience a similar limitation, yet Merrill Edge continues to lead with its broader range of research and screening resources. Overall, Merrill Edge's offerings cater to a wider variety of investor needs, making it a more versatile choice for market research compared to TradeStation.
| 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 it comes to banking capabilities, Merrill Edge offers a more comprehensive range of services compared to TradeStation. Merrill Edge not only provides a suite of traditional banking features such as checking and savings accounts, but it also offers debit and credit cards for convenient spending. Customers looking to manage their finances can also take advantage of their mortgage loan options, making it a versatile choice for integrating banking and brokerage needs. Additionally, Merrill Edge offers Certificates of Deposit (CDs), which can be a valuable tool for those interested in saving with fixed returns. On the other hand, TradeStation does not provide any of these banking services—checking or savings accounts, debit or credit cards, mortgage loans, or CDs—and is more focused on trading functionalities without the integrated banking solutions that Merrill Edge provides.
| 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 2025
After opening live accounts and testing 16 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 92.7%, while TradeStation finished with a score of 80.2%.
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 2025
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 2025
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| Review | Merrill Edge Review | TradeStation Review |
| 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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| Winner | check_circle | ||
| Review | Merrill Edge Review | TradeStation Review |
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