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Merrill Edge vs Tradier 2025

StockBrokers.com

Written by StockBrokers.com

February 20, 2025

In this head to head comparison of Merrill Edge vs Tradier, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Merrill Edge
4.5/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.65
Tradier
3.5/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.35 info

Range of investments

When deciding between Merrill Edge and Tradier for investment accounts, both platforms offer a wide variety of options catering to various investment needs, yet there are clear distinctions that set them apart. Merrill Edge stands out with its access to OTC stocks and advisor services, appealing to those seeking comprehensive investment guidance and a broader stock selection. Meanwhile, Tradier gains an edge with futures trading, which might attract those specifically interested in this area. Both brokers support traditional and Roth IRA accounts, stock and margin trading, mutual and options trading. However, neither offers fractional shares or cryptocurrency trading, both of which are available through other brokers.

Merrill Edge is a compelling choice for those who value a well-rounded range of investments and additional advisory support, reflecting its 4.5-star rating and 7th place ranking out of 16 by StockBrokers.com for Range of Investments. Investors looking for a platform with a comprehensive offering in mutual funds and options may find Merrill Edge fitting their needs well. On the other hand, as a slightly more specialized option, Tradier caters to traders interested in futures, albeit at the cost of not having OTC stocks or advisory services, which is reflected in its solid 4-star rating and 11th-place ranking in the same category.

While both Merrill Edge and Tradier provide solid platforms for trading stocks and options, they each have unique features that may appeal to different investor profiles. The choice between them might depend on whether you prioritize access to advisor services and a more extensive stock selection with OTC offerings at Merrill Edge, or if you're inclined towards the futures trading capabilities available at Tradier. Evaluating your investment priorities and preferences will help determine the right choice for your financial goals.

Feature Merrill Edge logoMerrill Edge
Tradier logoTradier
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info No No
OTC Stocks info Yes No
Mutual Funds info Yes Yes
Options Trading info Yes Yes
Futures Trading info No Yes
Crypto Trading info No No
Crypto Trading - Total Coins info 0 0
Range of Investments 4.5/5 Stars 4/5 Stars

Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025

Trading platforms and tools

When evaluating the trading platforms offered by Merrill Edge and Tradier, Merrill Edge emerges as the superior choice for those seeking a more comprehensive set of tools and features. While both brokers offer browser-based trading platforms, Merrill Edge sets itself apart with more advanced charting capabilities and a greater number of technical indicators and drawing tools. This contributes to its higher overall rating and ranking as compared to Tradier. Tradier, rated at 2.5 stars, stands further down the rankings at 14th place, suggesting that it may not cater as effectively to users who require more advanced trading functionalities.

For those looking to actively manage and assess investment opportunities, Merrill Edge holds a significant advantage in customization. It offers a robust collection of 285 fields for watch lists compared to Tradier's three. It also provides the ability to adjust open orders directly on charts and includes built-in support for adding notes and displaying historical trades and corporate events. Tradier, on the other hand, does offer paper trading, a useful feature for new traders to practice, but falls short in most other customizable charting tools and functionalities.

Charting features are where Merrill Edge truly shines, supporting 105 technical indicators along with the option to add index overlays, automated technical analysis, and multiple chart profiles. Tradier's offerings here are more basic, missing several advanced capabilities, including drawing tools and customizable chart date ranges. Overall, for traders or investors looking for a more substantial suite of trading tools, Merrill Edge is the more attractive option, largely due to its combination of high functionality and flexibility in chart customization.

Feature Merrill Edge logoMerrill Edge
Tradier logoTradier
Web Trading Platform info Yes Yes
Desktop Trading Platform info No No info
Desktop Platform (Mac) info No No info
Paper Trading info No Yes
Watch Lists - Total Fields info 285 3
Charting - Indicators / Studies info 105 95
Charting - Drawing Tools info 23 0
Platforms & Tools 4/5 Stars 2.5/5 Stars

Dive deeper: 7 Best Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025

Featured Offers


5/5 Stars

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Beginners and education

When it comes to investor education, Merrill Edge excels by offering extensive learning resources to help beginners and seasoned investors alike. Merrill Edge provides educational materials on stocks, ETFs, options, mutual funds, and bonds, making it a comprehensive choice for those looking to expand their market knowledge. Aside from these resources, Merrill Edge also offers educational videos, webinars, and quizzes, which can be valuable tools for building investment skills, leading to its impressive 4.5-star rating for education. However, it lacks a feature for tracking learning progress, somewhat limiting its educational offerings.

In contrast, Tradier falls short in its educational offerings. Unlike Merrill Edge, Tradier does not provide direct resources for learning about stocks, ETFs, options, mutual funds, or bonds. Educational videos and webinars are also absent from Tradier's platform, and there are no quizzes to test your knowledge. While Tradier does offer paper trading, which is a practical tool for learning, its overall lack of educational resources results in a zero-star rating for education, leaving it ranked last among 16 brokers on StockBrokers.com.

Feature Merrill Edge logoMerrill Edge
Tradier logoTradier
Education (Stocks) info Yes No
Education (ETFs) info Yes No
Education (Options) info Yes No
Education (Mutual Funds) info Yes No
Education (Bonds) info Yes No
Paper Trading info No Yes
Videos info Yes No
Webinars info Yes No
Education 4.5/5 Stars 0/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

When comparing Merrill Edge and Tradier stock trading apps, Merrill Edge emerges as the more feature-rich platform, particularly for those who prioritize detailed charting and stock alerts. Merrill Edge offers users the ability to create custom watch lists, supports mobile options trading and after-hours stock trading, and provides streaming quotes. Although both platforms are highly rated, Merrill Edge consistently ranks higher with a 4.5-star rating and is positioned sixth among 16 brokers by StockBrokers.com, while Tradier holds a 4-star rating and is ranked 14th.

Merrill Edge and Tradier both offer convenient iPhone and Android apps for trading but lack an Apple Watch app. Users of both platforms have access to essential features such as streaming quotes and the ability to trade options, which keeps them competitive in terms of mobile trading capabilities. However, neither platform provides streaming live TV or videos on demand, leaving room for improvement in terms of multimedia offerings.

Differences between the two become more apparent when examining specific charting functionalities and alert systems. Merrill Edge offers 34 technical studies for charting within its mobile app, compared to Tradier's absence of such studies. Additionally, Merrill Edge allows stock comparisons on charts and offers landscape mode chart viewing, features not available with Tradier. Furthermore, Merrill Edge supports after-hours stock trading and stock alerts, providing users with greater flexibility and access to real-time market information.

Feature Merrill Edge logoMerrill Edge
Tradier logoTradier
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info No No
Stock Alerts info Yes No
Charting - After-Hours info No No
Charting - Technical Studies info 34 0
Mobile Trading Apps 4.5/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

When deciding between Merrill Edge and Tradier, it's essential to consider the specifics of their fees and charges to make an informed choice. Both platforms offer a $0 minimum deposit and free stock trades, which makes them appealing for those looking to begin investing without an initial cost burden. However, there are notable differences in other fees, such as options contracts and account services, which could influence your decision based on your investing strategy.

Merrill Edge and Tradier both waive minimum deposit requirements and stock trading fees, providing easy entry to the market. Yet, for options trading, Tradier holds an advantage with a lower per-contract fee of $0.35 compared to Merrill Edge's $0.65. While margin rates at Merrill Edge vary, Tradier sets a clear rate of 9.5% for balances below $100,000. In terms of IRA fees, Merrill Edge is a clear winner with no annual charges compared to Tradier's $30 fee, although both platforms impose closure fees—$49.95 for Merrill Edge and $60 for Tradier.

For account transfer services, Merrill Edge stands out by not charging fees for either partial or full transfers, contrary to Tradier's substantial $75 fee for both. Similarly, Merrill Edge does not impose fees for options exercise and assignment, while Tradier charges $9 for each. Ultimately, Merrill Edge may be more suitable for investors seeking minimal fees on account-related activities, whereas Tradier might appeal to those focused on cost-effective options trading.

Feature Merrill Edge logoMerrill Edge
Tradier logoTradier
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.65 $0.35 info
Options Exercise Fee info $0.00 $9.00
Options Assignment Fee info $0.00 $9.00
IRA Annual Fee info $0.00 $30.00 info
IRA Closure Fee info $49.95 $60.00

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

When evaluating Merrill Edge and Tradier for day trading, several key differences and similarities come into play. Merrill Edge stands out by offering streaming time and sales for stocks and Level 2 quotes, both of which can be beneficial for day traders who need real-time data to make informed decisions. Moreover, Merrill Edge supports basic strategy backtesting, allowing traders to test potential strategies before risking actual capital. On the other hand, Tradier does not provide streaming time and sales data or Level 2 quotes, and lacks even basic strategy backtesting capabilities, which might be a disadvantage for traders seeking advanced analysis tools.

Both platforms share some common limitations when it comes to day trading functionalities. Neither offers features like streaming live TV, direct market routing, ladder trading, or trading hotkeys, which might be crucial for some active traders. Additionally, neither Merrill Edge nor Tradier provides advanced strategy backtesting or order liquidity rebates, which could be a consideration depending on your trading style. It's important to weigh these factors against your individual needs to choose the platform that best aligns with your day trading goals.

Feature Merrill Edge logoMerrill Edge
Tradier logoTradier
Streaming Time & Sales info Yes No
Streaming TV info No No
Direct Market Routing - Stocks info No No
Level 2 Quotes - Stocks info Yes No
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info No No
Short Locator info No No

Dive deeper: Best Day Trading Platforms for 2025

Market Research

When it comes to market research capabilities, Merrill Edge positions itself as a more comprehensive choice than Tradier. Merrill Edge is equipped to provide a wide range of research resources, earning it a 5-star rating and a high ranking of #5 among 16 brokers according to StockBrokers.com. In contrast, Tradier offers fewer research features, achieving only a 1.5-star rating and ranking #15. This underscores Merrill Edge's advantage for traders seeking detailed and diverse market insights.

Merrill Edge shines with thorough research offerings covering stocks, ETFs, mutual funds, Pink Sheets/OTCBB, and bonds. Additionally, it provides numerous downloadable PDF reports and the ability to view portfolio allocation by asset class. Notably, Merrill Edge offers ESG research, enabling socially conscious investing, and features stock and ETF screeners for generating trade ideas. On the other hand, Tradier's research is limited primarily to stocks and ETFs, with no offerings in mutual funds, bonds, or ESG research, and lacks downloadable PDFs for market analysis.

Despite both brokers not providing social media sentiment data for stock research, Merrill Edge stands out with its comprehensive research ecosystem. With access to three downloadable PDF reports for stocks and multiple screeners for various investment types, Merrill Edge caters to investors seeking detailed insights for informed decision-making. Tradier, while functional, may not meet the needs of those looking for extensive market research tools and reports, making Merrill Edge a more compelling option for serious investors.

Feature Merrill Edge logoMerrill Edge
Tradier logoTradier
Research - Stocks info Yes Yes
Screener - Stocks info Yes No
Research - ETFs info Yes Yes
Screener - ETFs info Yes No
Research - Mutual Funds info Yes No
Screener - Mutual Funds info Yes No
Research - Bonds info Yes No
Screener - Bonds info Yes No
Research 5/5 Stars 1.5/5 Stars

Banking

When considering banking services offered by online brokers, Merrill Edge clearly stands out compared to Tradier. Merrill Edge provides a range of banking options including checking and savings accounts, debit and credit cards, and mortgage loans. Additionally, Merrill Edge offers certificates of deposit (CDs) for those interested in secure investment opportunities. In contrast, Tradier lacks these banking services, as it doesn't provide checking or savings accounts, debit or credit cards, mortgage loans, or CDs. This makes Merrill Edge a more comprehensive choice for individuals seeking both investment and banking services under one roof.

Feature Merrill Edge logoMerrill Edge
Tradier logoTradier
Checking Accounts info Yes No
Savings Accounts info Yes No
Debit Cards info Yes No
Credit Cards info Yes No
Mortgage Loans info Yes No
CDs info Yes No

Dive deeper: Best Bank Accounts for Trading Stocks for 2025

Winner

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 Tradier. Merrill Edge finished with an overall score of 92.7%, while Tradier finished with a score of 65.6%.

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.

FAQs

Can you trade cryptocurrency with Merrill Edge or Tradier?

Both Merrill Edge and Tradier do not offer crypto trading, with each providing access to zero coins for crypto trading enthusiasts. When choosing between the two for your investment needs, it's essential to consider other features and services since crypto trading options are not available with either broker.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does Merrill Edge or Tradier offer IRAs?

Both Merrill Edge and Tradier offer traditional and Roth IRA accounts; however, Merrill Edge stands out with no annual fees for IRA accounts, in contrast to Tradier's $30 annual fee. Additionally, Merrill Edge's IRA closure fee is $49.95, which is slightly lower than Tradier's $60 closure fee.

Dive deeper: Best IRA Accounts for 2025

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Compare

0 of 5
Overall Rating Merrill Edge Tradier
Overall 4.5/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 2.5/5 Stars
Mobile Trading Apps 4.5/5 Stars 4/5 Stars
Research 5/5 Stars 1.5/5 Stars
Customer Service 4.0/5 Stars 3/5 Stars
Education 4.5/5 Stars 0/5 Stars
Ease Of Use 5/5 Stars 4/5 Stars
Winner check_circle
Review Merrill Edge Review Tradier Review
Broker Screenshots Merrill Edge Tradier
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 Tradier
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Penny Stock Fees (OTC) info N/A N/A
Mutual Fund Trade Fee info Varies info $30 info
Options (Per Contract) info $0.65 $0.35 info
Futures (Per Contract) info (Not offered) $1.50 info
Broker Assisted Trade Fee info $29.95 $10
Margin Rates Merrill Edge Tradier
Margin Rate Under $25,000 info Varies info 9.5%
Margin Rate $25,000 to $49,999.99 info Varies info 9.5%
Margin Rate $50,000 to $99,999.99 info Varies info 9.5%
Margin Rate $100,000 to $249,999.99 info Varies info 9.5%
Margin Rate $250,000 to $499,999.99 info Varies info 9.5%
Margin Rate $500,000 to $999,999.99 info Varies info 9.5%
Margin Rate Above $1,000,000 info Varies info 9.5%
Account Fees Merrill Edge Tradier
IRA Annual Fee info $0.00 $30.00 info
IRA Closure Fee info $49.95 $60.00
Account Transfer Out (Partial) info $0.00 $75.00
Account Transfer Out (Full) info $0.00 $75.00
Options Exercise Fee info $0.00 $9.00
Options Assignment Fee info $0.00 $9.00
Investment Options Merrill Edge Tradier
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info No No
OTC Stocks info Yes No
Options Trading info Yes Yes
Complex Options Max Legs info 4 4
Futures Trading info No Yes
Forex Trading info No No
Crypto Trading info No No
Crypto Trading - Total Coins info 0 0
Mutual Funds (No Load) info 2952 0
Mutual Funds (Total) info 3466 0
Bonds (US Treasury) info Yes No
Bonds (Corporate) info Yes No
Bonds (Municipal) info Yes No
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info Yes No
International Countries (Stocks) info 0 0
Order Types Merrill Edge Tradier
Order Type - Market info Yes Yes
Order Type - Limit info Yes Yes
Order Type - After Hours info Yes Yes
Order Type - Stop info Yes Yes
Order Type - Trailing Stop info Yes No
Order Type - OCO info No Yes
Order Type - OTO info No Yes
Order Type - Broker Assisted info Yes Yes
Beginners Merrill Edge Tradier
Education (Stocks) info Yes No
Education (ETFs) info Yes No
Education (Options) info Yes No
Education (Mutual Funds) info Yes No
Education (Bonds) info Yes No
Education (Retirement) info Yes No
Retirement Calculator info Yes No
Investor Dictionary info Yes No
Paper Trading info No Yes
Videos info Yes No
Webinars info Yes No
Webinars (Archived) info Yes No
Progress Tracking info No No
Interactive Learning - Quizzes info Yes No
Stock Trading Apps Merrill Edge Tradier
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info No No
Trading - Stocks info Yes Yes
Trading - After-Hours info Yes Yes
Trading - Simple Options info Yes Yes
Trading - Complex Options info Yes Yes
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info No No
Stock App Features Merrill Edge Tradier
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info No No
Videos on Demand info No No
Stock Alerts info Yes No
Option Chains Viewable info Yes Yes
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info Yes No
Watch Lists - Create & Manage info Yes Yes
Watch Lists - Column Customization info No No
Stock App Charting Merrill Edge Tradier
Charting - After-Hours info No No
Charting - Can Turn Horizontally info Yes No
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 34 0
Charting - Study Customizations info Yes No
Charting - Stock Comparisons info Yes No
Trading Platforms Merrill Edge Tradier
Active Trading Platform info Merrill Edge Market Pro TradeHawk
Desktop Trading Platform info No No info
Desktop Platform (Mac) info No No info
Web Trading Platform info Yes Yes
Paper Trading info No Yes
Trade Journal info No No
Watch Lists - Total Fields info 285 3
Stock Chart Features Merrill Edge Tradier
Charting - Adjust Trades on Chart info Yes No
Charting - Indicators / Studies info 105 95
Charting - Drawing Tools info 23 0
Charting - Notes info Yes Yes
Charting - Index Overlays info Yes No
Charting - Historical Trades info Yes Yes
Charting - Corporate Events info Yes No
Charting - Custom Date Range info Yes No
Charting - Custom Time Bars info Yes No
Charting - Automated Analysis info Yes No
Charting - Save Profiles info Yes No
Trade Ideas - Technical Analysis info Yes No
Charting - Study Customizations info 8 7
Charting - Custom Studies info No No
Day Trading Merrill Edge Tradier
Streaming Time & Sales info Yes No
Streaming TV info No No
Direct Market Routing - Stocks info No No
Ladder Trading info No No
Trade Hotkeys info No No
Level 2 Quotes - Stocks info Yes No
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info No No
Short Locator info No No
Order Liquidity Rebates info No No
Research Overview Merrill Edge Tradier
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info Yes No
Research - Pink Sheets / OTCBB info Yes No
Research - Bonds info Yes No
Screener - Stocks info Yes No
Screener - ETFs info Yes No
Screener - Mutual Funds info Yes No
Screener - Bonds info Yes No
Misc - Portfolio Allocation info Yes No
Stock Research Merrill Edge Tradier
Stock Research - PDF Reports info 3 0
Stock Research - Earnings info Yes No
Stock Research - Insiders info Yes No
Stock Research - Social info No No
Stock Research - News info Yes No
Stock Research - ESG info Yes No
Stock Research - SEC Filings info Yes No
ETF Research Merrill Edge Tradier
ETFs - Strategy Overview info Yes No
ETF Fund Facts - Inception Date info Yes No
ETF Fund Facts - Expense Ratio info Yes No
ETF Fund Facts - Net Assets info Yes No
ETF Fund Facts - Total Holdings info Yes No
ETFs - Top 10 Holdings info Yes No
ETFs - Sector Exposure info Yes No
ETFs - Risk Analysis info Yes No
ETFs - Ratings info Yes No
ETFs - Morningstar StyleMap info Yes No
ETFs - PDF Reports info Yes No
Mutual Fund Research Merrill Edge Tradier
Mutual Funds - Strategy Overview info Yes No
Mutual Funds - Performance Chart info Yes No
Mutual Funds - Performance Analysis info Yes No
Mutual Funds - Prospectus info Yes No
Mutual Funds - 3rd Party Ratings info Yes No
Mutual Funds - Fees Breakdown info Yes No
Mutual Funds - Top 10 Holdings info Yes No
Mutual Funds - Asset Allocation info Yes No
Mutual Funds - Sector Allocation info Yes No
Mutual Funds - Country Allocation info Yes No
Mutual Funds - StyleMap info Yes No
Options Trading Merrill Edge Tradier
Option Chains - Basic View info Yes Yes
Option Chains - Strategy View info Yes No
Option Chains - Streaming info Yes No
Option Chains - Total Columns info 68 8
Option Chains - Greeks info 5 1
Option Chains - Quick Analysis info Yes Yes
Option Analysis - P&L Charts info Yes No
Option Probability Analysis info Yes No
Option Probability Analysis Adv info No No
Option Positions - Greeks info Yes No
Option Positions - Greeks Streaming info Yes No
Option Positions - Adv Analysis info Yes No
Option Positions - Rolling info Yes No
Option Positions - Grouping info Yes No
Banking Merrill Edge Tradier
Bank (Member FDIC) info Yes No
Checking Accounts info Yes No
Savings Accounts info Yes No
Credit Cards info Yes No
Debit Cards info Yes No
Mortgage Loans info Yes No
Customer Service Merrill Edge Tradier
Phone Support (Prospect Customers) info Yes Yes
Phone Support (Current Customers) info Yes Yes
Email Support info No Yes
Live Chat (Prospect Customers) info Yes No
Live Chat (Current Customers) info Yes No
24/7 Support info Yes No
Overall Merrill Edge Tradier
Overall 4.5/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 2.5/5 Stars
Mobile Trading Apps 4.5/5 Stars 4/5 Stars
Research 5/5 Stars 1.5/5 Stars
Education 4.5/5 Stars 0/5 Stars
Ease Of Use 5/5 Stars 4/5 Stars
Winner check_circle
Review Merrill Edge Review Tradier Review
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