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 choosing between Merrill Edge and TradeStation, both platforms offer a comprehensive suite of investment options, making them strong contenders for investors. While Merrill Edge excels with its advisory services, a feature not offered by TradeStation, both brokers provide access to stock trading, margin trading, over-the-counter (OTC) stocks, mutual funds, options trading, and retirement accounts like traditional and Roth IRAs. However, those interested in fractional shares or crypto trading will find both lacking, as these features are not supported by either platform.
Merrill Edge and TradeStation both offer a solid range of investment options, each scoring 4.5 out of 5 stars for this category. However, the single area where TradeStation pulls ahead is the availability of futures trading, a feature Merrill Edge does not offer. This makes TradeStation suitable for more advanced traders looking to explore a wider array of financial instruments.
The investment offerings from both brokers are well-regarded, with Merrill Edge ranked #7 and TradeStation #5 by StockBrokers.com in the Range of Investments category out of 15 brokers. This indicates that both platforms are well-respected in the investment community, providing investors with a wealth of choices to meet diverse financial goals. Ultimately, the choice between Merrill Edge and TradeStation will depend on specific needs, such as the desire for advisory services or the capacity to engage in 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 choosing an online broker, both Merrill Edge and TradeStation offer robust platforms, but cater to slightly different needs. TradeStation leads with its comprehensive Windows desktop platform and the ability to engage in paper trading, giving users a chance to practice strategies risk-free. Merrill Edge, on the other hand, provides a well-rounded browser-based platform with a slightly more simplified interface. Both brokers excel in charting capabilities, but TradeStation offers a broader range of technical indicators and customization options, earning it a higher overall rating of 4.5 stars compared to Merrill Edge’s 4 stars.
Merrill Edge stands out with its user-friendly browser-based platform that doesn't require downloads, making it accessible across different devices. The platform provides a wealth of 285 columns for watch lists and supports the adjustment of open orders directly on charts, making it practical for active traders. While Merrill Edge offers valuable features like notes on charts, index overlays, historical trade displays, and automated technical analysis, it falls short in providing a desktop platform and paper trading features.
TradeStation sets itself apart with a full-featured Windows desktop platform and support for paper trading, making it highly appealing for those who want to simulate trading scenarios in real-time. It boasts an impressive 341 columns for watch lists and 294 technical indicators for charting, providing a comprehensive toolkit for serious traders. Despite not offering a dedicated Mac platform, TradeStation’s strengths lie in its extensive customization options, including the ability to create custom studies for charts and various customization fields for SMA studies, making it a top choice for in-depth market analysis.
| 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: Best Online Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
Schwab Trading Powered by Ameritrade™.
Get up to $1K on new brokerage account*
Merrill Edge provides comprehensive educational resources for beginner investors, covering a wide range of topics such as stocks, ETFs, options, mutual funds, and bonds. This variety makes it easier for newcomers to diversify their learning across multiple asset classes. Merrill Edge supports this learning with educational videos, webinars, and quizzes to keep users engaged and enhance understanding. Although it does not offer paper trading or the ability to track learning progress, it still achieves an impressive 4.5-star rating for education and ranks 5th out of 15 brokers according to StockBrokers.com.
TradeStation, on the other hand, offers education in stock and options trading along with paper trading for beginners to practice without financial risk. While it also provides educational videos and webinars, its educational offerings are more limited, excluding important topics like ETFs, mutual funds, and bonds. Furthermore, it lacks quizzes and a system to track progress, which can be crucial for structured learning. As a result, TradeStation receives a lower education rating of 3 stars and ranks 14th out of 15 brokers in the educational category according to StockBrokers.com.
| 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
In comparing the stock trading app capabilities of Merrill Edge and TradeStation, both platforms deliver strong performances with a rating of 4.5 stars each. Merrill Edge edges ahead slightly in rankings, placed at #6 out of 15 brokers by StockBrokers.com, while TradeStation trails at #8. Although both brokers offer comprehensive app experiences for both iPhone and Android users, they differ slightly in features that may appeal to different investor preferences.
Merrill Edge provides a comprehensive mobile trading experience, supporting both after-hours stock and options trading. With features like stock alerts, streaming quotes, and the ability to create custom watch lists, users can stay well-informed on market movements. Merrill Edge excels with its ability to display stock comparisons on charts and offers charts in landscape mode, catering to users who prefer a wider viewing option for their data analysis. It also supports multiple time frames for charting and offers 34 technical studies, making it suitable for investors looking for detailed chart analysis on the go.
TradeStation stands out with its offer of 45 technical studies, providing a slightly more extensive toolkit for charting enthusiasts. While it lacks the display of stock comparisons on charts, it compensates with after-hours charting and customizable watchlist columns for a tailored trading experience. Though it doesn't support landscape mode for charts, it aligns closely with Merrill Edge by offering mobile options trading, streaming quotes, and stock alerts. These similarities and differences between Merrill Edge and TradeStation highlight the importance of selecting a platform that aligns with individual trading needs and preferences.
| 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 significantly more than TradeStation. Merrill Edge offers users a comprehensive suite of resources, including stock, ETFs, mutual funds, and bonds research, while TradeStation provides stocks and pink sheets/OTCBB research only. Furthermore, Merrill Edge adds significant value with its ESG research, a feature not available at TradeStation. Overall, Merrill Edge receives a solid 5-star market research rating, graciously outperforming TradeStation, which lags with only two stars. In rankings by StockBrokers.com, Merrill Edge holds an impressive position at #5 out of 15 brokers for market research, in contrast with TradeStation’s #11 spot.
Both Merrill Edge and TradeStation provide their users with the ability to track portfolio allocation by asset class and offer stock screeners for trade ideas. However, only Merrill Edge extends its screener functionality to ETFs, mutual funds, and bonds. TradeStation lacks these features, limiting its users to stock investment ideas alone. Merrill Edge also enriches investor decision-making with downloadable PDF reports for stocks, ETFs, and mutual funds, while TradeStation does not offer downloadable reports in these categories.
Despite both platforms lacking in offering stock research using social media sentiment, Merrill Edge's comprehensive approach to research sets it apart with additional tools like the ESG research and multiple research reports, providing a holistic perspective for investors. TradeStation, while offering some essential research capabilities, misses out on many extended features that could greatly aid investors in making informed decisions across a wider array of investments.
| 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 15 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
Select Brokers
↓×Compare
0 of 5| Overall Rating | Merrill Edge | TradeStation | |
|---|---|---|---|
| Overall |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading Apps |
|
| |
| Research |
|
| |
| Customer Service |
|
| |
| Education |
|
| |
| Ease Of Use |
|
| |
| Winner | check_circle | ||
| Review | Merrill Edge Review | TradeStation Review |
| Broker Screenshots | Merrill Edge | TradeStation | |
|---|---|---|---|
| Trading Platform & Tools Gallery (click to expand) |
|
| |
| Research Gallery (click to expand) |
|
| |
| Mobile Trading Apps Gallery (click to expand) |
|
| |
| Education Gallery (click to expand) |
|
|
| 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 | |
|---|---|---|---|
| Overall |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading Apps |
|
| |
| Research |
|
| |
| Education |
|
| |
| Ease Of Use |
|
| |
| Winner | check_circle | ||
| Review | Merrill Edge Review | TradeStation Review |
Charles Schwab
Interactive Brokers
Fidelity
E*TRADE
Merrill Edge
TradeStation
tastytrade
eToro