Written by StockBrokers.com
In this head to head comparison of Merrill Edge vs Vanguard, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
When considering online brokers for investment options, Merrill Edge and Vanguard present closely matched offerings, with both platforms receiving an impressive 4.5-star rating. Merrill Edge ranks slightly higher at 7th place compared to Vanguard's 9th position in StockBrokers.com’s evaluation of 18 brokers, highlighting Merrill Edge's competitive edge in terms of overall investment offerings. Both brokers provide a comprehensive suite of traditional investment services and opportunities, yet they hold some distinctions that potential investors must weigh.
Both Merrill Edge and Vanguard offer stock trading, margin trading, and mutual funds, providing a solid foundation for diverse investment strategies. Additionally, each platform supports options trading and access to over-the-counter (OTC) stocks, accommodating a wider range of asset types. However, neither broker offers fractional shares, forex, futures, or cryptocurrency trading, which may be a drawback for investors seeking more unconventional or emerging asset classes. Notably, both Merrill Edge and Vanguard do offer traditional IRA and Roth IRA accounts, appealing to retirement-focused investors.
Investors looking for personalized guidance can benefit from the advisory services provided by both Merrill Edge and Vanguard. While neither broker supports fractional share trading or cryptocurrency, their robust offerings in stocks, mutual funds, and options provide ample opportunity for portfolio diversification. Ultimately, the decision between Merrill Edge and Vanguard will depend on individual preferences regarding platform features and the importance placed on particular investment products not offered by these brokers.
| Feature |
Merrill Edge
|
Vanguard
|
|---|---|---|
| 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 | No |
| 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
When comparing Merrill Edge versus Vanguard for their trading platforms and tools, Merrill Edge clearly stands out with its comprehensive offerings. Ranked #5 out of 18 brokers by StockBrokers.com, Merrill Edge delivers a robust browser-based trading experience with extensive features, earning a rating of 4.5 stars. Meanwhile, Vanguard lags behind with a rating of 2.5 stars, sitting at the bottom of the list at #18. Investors seeking technical analysis capabilities, customization, and interactive charting tools will find Merrill Edge more compelling than Vanguard's more limited platform.
Both Merrill Edge and Vanguard offer convenient browser-based trading platforms, eliminating the need for Windows or Mac desktop downloads. However, Merrill Edge offers an edge with its 285-column watch list capability compared to Vanguard's 9 columns. A wealth of charting tools is available with Merrill Edge, offering 105 technical indicators and 23 drawing tools, whereas Vanguard lacks any drawing tools and provides only 9 indicators. Features like adding notes to charts, adjusting open orders directly on a stock chart, and automated technical analysis are available with Merrill Edge but absent in Vanguard's offerings.
Chart customization is another strong suit for Merrill Edge, offering the ability to add index overlays, show historical trades, and display corporate events like earnings, splits, and dividends. Additionally, users can set custom date ranges and save multiple chart profiles with Merrill Edge. Unlike Merrill Edge, Vanguard users cannot set custom date ranges or show historical trades on charts. Overall, Merrill Edge's array of features and customization options underscore its superior functionality compared to Vanguard's basic platform, making it a more desirable choice for traders seeking a dynamic and feature-rich trading environment.
| Feature |
Merrill Edge
|
Vanguard
|
|---|---|---|
| Web Trading Platform | Yes | Yes |
| Desktop Trading Platform | No | No |
| Desktop Platform (Mac) | No | No |
| Paper Trading | No | No |
| Watch Lists - Total Fields | 285 | 9 |
| Charting - Indicators / Studies | 105 | 9 |
| Charting - Drawing Tools | 23 | 0 |
| 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 Vanguard in terms of beginner and investor education resources, there are notable differences in their offerings. Merrill Edge excels with comprehensive stock, ETF, options, mutual funds, and bonds education materials, while Vanguard provides resources mainly focused on stock education, lacking coverage in ETFs, options, mutual funds, and bonds. Both platforms offer educational videos, but Merrill Edge goes a step further with webinars and educational quizzes, which Vanguard does not provide. Neither broker supports paper trading or features for tracking learning progress, a drawback for those wanting to simulate trades or monitor their educational development.
These educational differences are reflected in their ratings and rankings; Merrill Edge is highly regarded with a 5-star educational rating and is ranked 2nd out of 18 brokers by StockBrokers.com. In contrast, Vanguard holds a 3.5-star rating and is ranked 13th. For beginners seeking a broader range of educational tools and resources, Merrill Edge stands out as the superior choice, offering a more robust educational experience compared to Vanguard.
| Feature |
Merrill Edge
|
Vanguard
|
|---|---|---|
| Education (Stocks) | Yes | Yes |
| Education (ETFs) | Yes | No |
| Education (Options) | Yes | No |
| Education (Mutual Funds) | Yes | No |
| Education (Bonds) | Yes | No |
| Paper Trading | No | No |
| Videos | Yes | Yes |
| Webinars | Yes | No |
| Education |
|
|
Dive deeper: Best Stock Trading Platforms for Beginners of 2024
In the landscape of stock trading apps, Merrill Edge clearly outshines Vanguard, delivering a more robust and user-friendly mobile experience. Merrill Edge's stock trading app holds a prestigious 5-star rating, ranking it fifth among 18 brokers according to StockBrokers.com, whereas Vanguard's app earns a modest 3-star rating and trails behind at 18th place. This positioning aptly reflects Merrill Edge's edge in offering features like mobile after-hours trading, options trading, and comprehensive charting capabilities that Vanguard lacks.
Both Merrill Edge and Vanguard provide iPhone and Android apps for mobile stock trading, but their functionality diverges significantly beyond the basics. Merrill Edge supports mobile after-hours stock trading and avail seamless options trading on mobile, while Vanguard does not support these features on its app. Additionally, Merrill Edge enhances the trading experience by providing streaming quotes and stock alerts, features absent in the Vanguard app, allowing users quick access to critical market data.
Charting capabilities further distinguish Merrill Edge's app from Vanguard's. Merrill Edge offers the convenience of landscape mode for viewing charts, diverse time frame options, and a suite of 34 technical studies, compared to Vanguard's lack of technical studies. Users of Merrill Edge can also display stock comparisons on charts, a feature Vanguard users do not have. While both apps support basic functionalities, Merrill Edge surpasses Vanguard with advanced tools that provide traders a competitive advantage.
| Feature |
Merrill Edge
|
Vanguard
|
|---|---|---|
| iPhone App | Yes | Yes |
| Android App | Yes | Yes |
| Apple Watch App | No | No |
| Stock Alerts | Yes | No |
| Charting - After-Hours | No | No |
| Charting - Technical Studies | 34 | 0 |
| Mobile Trading Apps |
|
|
Dive deeper: Best Stock Trading Apps for 2024
When comparing Merrill Edge and Vanguard, investors can find significant differences in account-related fees and charges, although both offer competitive features in certain areas. Merrill Edge emerges as a cost-effective option with no minimum deposit, no charge for regular stock trades, and offers a lower options contract fee of $0.65 compared to Vanguard's $1.00. Additionally, Merrill Edge boasts no annual IRA fee and charges only for IRA closure, whereas Vanguard's IRA involves an annual fee. On the contrary, Vanguard provides an advantage for IRA closures, being free of charge, while also imposing a considerably high fee for full account transfers, unlike Merrill Edge which charges none.
Examining fees specific to trading and managing accounts reveals further disparities between the two brokers. Merrill Edge demonstrates competitive pricing with its zero-fee structure for stock trades and lower options contract fees, allowing cost-conscious traders to optimize their fiscal strategies. However, Vanguard offers no hidden charges for options exercises and assignments, matching the economic approach in those specific areas. Investors concerned about leaving their investments behind can find comfort in knowing Merrill Edge eliminates charges for account transfers, while Vanguard does not allow such leniency on full transfers, imposing a $100 fee.
Both platforms maintain a zero minimum deposit policy, enhancing accessibility for beginner and seasoned investors alike. Within margin accounts, while Vanguard formalizes a transparent rate structure, Merrill Edge does not specify, suggesting a potential variance in charges according to individual circumstances. Although both brokers do not impose fees on options exercises and assignments, which could prove beneficial for options traders, it's critical for investors to weigh the benefits of Merrill Edge's absence of account transfer charges and Vanguard's zero-charge IRA closure. Such variances emphasize the need for investors to thoroughly assess their financial goals and preferences when choosing the right broker.
| Feature |
Merrill Edge
|
Vanguard
|
|---|---|---|
| Minimum Deposit | $0.00 | $0.00 |
| Stock Trades | $0.00 | $0.00 |
| Options (Per Contract) | $0.65 | $1.00 |
| Options Exercise Fee | $0.00 | $0.00 |
| Options Assignment Fee | $0.00 | $0.00 |
| IRA Annual Fee | $0.00 | $25.00 |
| IRA Closure Fee | $49.95 | $0.00 |
| Commissions & Fees |
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Dive deeper: Best Free Trading Platforms for 2024
When it comes to online brokers, Merrill Edge and Vanguard both provide platforms suitable for various investment strategies, but they diverge in their support for day trading capabilities. Merrill Edge stands out by offering streaming time and sales for stocks, enabling traders to access real-time data crucial for making informed day trading decisions. In contrast, Vanguard does not provide this feature, potentially limiting the resources available for day traders relying on detailed market data. Additionally, Merrill Edge offers level 2 quotes and basic strategy backtesting, further enhancing its day trading toolkit. However, both brokers lack advanced tools like streaming live TV, direct market routing, ladder trading, and trading hotkeys, which could be vital for high-frequency day traders.
While neither Merrill Edge nor Vanguard offers advanced strategy backtesting, order liquidity rebates, or a short locator tool, Merrill Edge still edges ahead with its additional features geared towards active traders. Vanguard, conversely, may appeal more to investors focusing on long-term strategies rather than day trading. Though both lack some more advanced functionalities found in other platforms, Merrill Edge's provision of real-time data tools can be a deciding factor for traders who prioritize timely market information. As a result, those considering brokerage options for day trading might find Merrill Edge more aligned with their needs over Vanguard, depending on their specific trading strategy and tool requirements.
| Feature |
Merrill Edge
|
Vanguard
|
|---|---|---|
| Streaming Time & Sales | Yes | No |
| Streaming TV | No | No |
| Direct Market Routing - Stocks | No | No |
| Level 2 Quotes - Stocks | Yes | No |
| Trade Ideas - Backtesting | Yes | No |
| Trade Ideas - Backtesting Adv | No | No |
| Short Locator | No | No |
Dive deeper: Best Day Trading Platforms for 2024
When evaluating the market research capabilities of Merrill Edge and Vanguard, Merrill Edge consistently emerges as the superior choice. Both platforms offer extensive research options across various investments, including stocks, ETFs, mutual funds, pink sheets, OTCBB, and bonds. However, Merrill Edge takes the lead with its higher star rating of 5 stars compared to Vanguard's 3.5 stars and a stronger ranking as the fourth-best among 18 brokers by StockBrokers.com, leaving Vanguard in the ninth position. A notable advantage for Merrill Edge is its provision of ESG research, which Vanguard lacks, and a greater number of downloadable PDF reports for both stocks and ETFs. This comprehensive suite of research tools makes Merrill Edge the more favorable option for investors seeking detailed market insights.
Merrill Edge and Vanguard provide robust research resources that cater to the needs of diverse investors. Both platforms offer research data for stocks, ETFs, mutual funds, pink sheets, and bonds, ensuring investors have access to pertinent information across a wide range of asset classes. They also share the ability to see portfolio allocation by asset class and offer valuable tools like equity, ETF, mutual fund, and bond screeners to help generate trade ideas. Despite these similarities, Merrill Edge distinguishes itself through its commitment to offering more comprehensive downloadable PDF reports, including three such reports for stocks compared to Vanguard's two, as well as exclusive reports for ETFs and mutual funds.
While both Merrill Edge and Vanguard lack integration with social media sentiment data, Merrill Edge compensates with its ESG research capabilities, providing investors with insights into companies' environmental, social, and governance practices. Although both platforms have a strong foundation in delivering crucial market research, the additional features and higher ratings prove Merrill Edge's superiority in delivering comprehensive and insightful research to its users, making it an ideal choice for investors who prioritize in-depth analysis and market intelligence.
| Feature |
Merrill Edge
|
Vanguard
|
|---|---|---|
| Research - Stocks | Yes | Yes |
| Screener - Stocks | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Screener - ETFs | Yes | Yes |
| Research - Mutual Funds | Yes | Yes |
| Screener - Mutual Funds | Yes | Yes |
| Research - Bonds | Yes | Yes |
| Screener - Bonds | Yes | Yes |
| Research |
|
|
When comparing the banking capabilities of Merrill Edge and Vanguard, several distinctions become evident. Merrill Edge provides a comprehensive suite of banking services, including checking and savings accounts, debit and credit cards, and mortgage loans, making it an ideal choice for customers seeking traditional banking features alongside their investment accounts. In addition, Merrill Edge offers Certificates of Deposit (CDs) for those interested in fixed-term savings options. Conversely, Vanguard does not extend such banking services as checking accounts, savings accounts, or any form of debit or credit cards, nor does it offer mortgage loans. However, Vanguard does provide CDs, offering a limited yet stable investment opportunity for those interested in this financial product. While both platforms offer CDs, Merrill Edge's broader banking services provide more versatility for individuals seeking integrated financial solutions. By emphasizing the extensive banking offerings of Merrill Edge in contrast to the more investment-focused approach of Vanguard, potential clients can make an informed decision based on their financial needs and preferences.
| Feature |
Merrill Edge
|
Vanguard
|
|---|---|---|
| Checking Accounts | Yes | No |
| Savings Accounts | Yes | No |
| Debit Cards | Yes | No |
| Credit Cards | Yes | No |
| Mortgage Loans | Yes | No |
| CDs | Yes | Yes |
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 Vanguard. Merrill Edge finished with an overall score of 94.0%, while Vanguard finished with a score of 80.3%.
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.
Merrill Edge and Vanguard both do not offer crypto trading, providing zero coins for cryptocurrency transactions, making them more suitable for investors focused on traditional financial markets rather than digital currencies.
Dive deeper: Best Online Brokers for Crypto Trading in 2024
Both Merrill Edge and Vanguard provide traditional and Roth IRA accounts; however, Merrill Edge distinguishes itself by not charging an annual fee for IRA accounts, whereas Vanguard imposes a $25 annual fee. Additionally, closing an IRA account with Merrill Edge incurs a $49.95 closure fee, unlike Vanguard, which has no closure fee.
Dive deeper: Best IRA Accounts for 2024
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| Review | Merrill Edge Review | Vanguard Review |
| Broker Screenshots | Merrill Edge | Vanguard | |
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| Trading Fees | Merrill Edge | Vanguard | |
|---|---|---|---|
| Minimum Deposit | $0.00 | $0.00 | |
| Stock Trades | $0.00 | $0.00 | |
| Penny Stock Fees (OTC) | N/A | $0.00 | |
| Mutual Fund Trade Fee | Varies | Varies | |
| Options (Per Contract) | $0.65 | $1.00 | |
| Futures (Per Contract) | (Not offered) | (Not offered) | |
| Broker Assisted Trade Fee | $29.95 | $25 |
| Margin Rates | Merrill Edge | Vanguard | |
|---|---|---|---|
| Margin Rate Under $25,000 | Varies | 13.75% | |
| Margin Rate $25,000 to $49,999.99 | Varies | 13.25% | |
| Margin Rate $50,000 to $99,999.99 | Varies | 12.75% | |
| Margin Rate $100,000 to $249,999.99 | Varies | 12.25% | |
| Margin Rate $250,000 to $499,999.99 | Varies | 11.75% | |
| Margin Rate $500,000 to $999,999.99 | Varies | 10.5% | |
| Margin Rate Above $1,000,000 | Varies | Varies |
| Account Fees | Merrill Edge | Vanguard | |
|---|---|---|---|
| IRA Annual Fee | $0.00 | $25.00 | |
| IRA Closure Fee | $49.95 | $0.00 | |
| Account Transfer Out (Partial) | $0.00 | $0.00 | |
| Account Transfer Out (Full) | $0.00 | $100.00 | |
| Options Exercise Fee | $0.00 | $0.00 | |
| Options Assignment Fee | $0.00 | $0.00 |
| Investment Options | Merrill Edge | Vanguard | |
|---|---|---|---|
| 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 | No | |
| Forex Trading | No | No | |
| Crypto Trading | No | No | |
| Crypto Trading - Total Coins | 0 | 0 | |
| Mutual Funds (No Load) | 2952 | N/A | |
| Mutual Funds (Total) | 3466 | N/A | |
| Bonds (US Treasury) | Yes | Yes | |
| Bonds (Corporate) | Yes | Yes | |
| Bonds (Municipal) | Yes | Yes | |
| Traditional IRAs | Yes | Yes | |
| Roth IRAs | Yes | Yes | |
| Advisor Services | Yes | Yes | |
| International Countries (Stocks) | 0 | 0 |
| Order Types | Merrill Edge | Vanguard | |
|---|---|---|---|
| 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 | No | |
| Order Type - OCO | No | No | |
| Order Type - OTO | No | No | |
| Order Type - Broker Assisted | Yes | Yes |
| Beginners | Merrill Edge | Vanguard | |
|---|---|---|---|
| Education (Stocks) | Yes | Yes | |
| Education (ETFs) | Yes | No | |
| Education (Options) | Yes | No | |
| Education (Mutual Funds) | Yes | No | |
| Education (Bonds) | Yes | No | |
| Education (Retirement) | Yes | Yes | |
| Retirement Calculator | Yes | Yes | |
| Investor Dictionary | Yes | No | |
| Paper Trading | No | No | |
| Videos | Yes | Yes | |
| Webinars | Yes | No | |
| Webinars (Archived) | Yes | No | |
| Progress Tracking | No | No | |
| Interactive Learning - Quizzes | Yes | No |
| Stock Trading Apps | Merrill Edge | Vanguard | |
|---|---|---|---|
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Apple Watch App | No | No | |
| Trading - Stocks | Yes | Yes | |
| Trading - After-Hours | Yes | No | |
| Trading - Simple Options | Yes | No | |
| Trading - Complex Options | Yes | No | |
| Order Ticket RT Quotes | Yes | Yes | |
| Order Ticket SRT Quotes | No | No |
| Stock App Features | Merrill Edge | Vanguard | |
|---|---|---|---|
| Market Movers (Top Gainers) | Yes | No | |
| Stream Live TV | No | No | |
| Videos on Demand | No | No | |
| Stock Alerts | Yes | No | |
| Option Chains Viewable | Yes | No | |
| Watch List (Real-time) | Yes | No | |
| Watch List (Streaming) | Yes | No | |
| Watch Lists - Create & Manage | Yes | No | |
| Watch Lists - Column Customization | No | No |
| Stock App Charting | Merrill Edge | Vanguard | |
|---|---|---|---|
| Charting - After-Hours | No | No | |
| Charting - Can Turn Horizontally | Yes | No | |
| Charting - Multiple Time Frames | Yes | Yes | |
| Charting - Technical Studies | 34 | 0 | |
| Charting - Study Customizations | Yes | No | |
| Charting - Stock Comparisons | Yes | No |
| Trading Platforms | Merrill Edge | Vanguard | |
|---|---|---|---|
| Active Trading Platform | Merrill Edge Market Pro | N/A | |
| Desktop Trading Platform | No | No | |
| Desktop Platform (Mac) | No | No | |
| Web Trading Platform | Yes | Yes | |
| Paper Trading | No | No | |
| Trade Journal | No | No | |
| Watch Lists - Total Fields | 285 | 9 |
| Stock Chart Features | Merrill Edge | Vanguard | |
|---|---|---|---|
| Charting - Adjust Trades on Chart | Yes | No | |
| Charting - Indicators / Studies | 105 | 9 | |
| Charting - Drawing Tools | 23 | 0 | |
| Charting - Notes | Yes | No | |
| Charting - Index Overlays | Yes | Yes | |
| Charting - Historical Trades | Yes | No | |
| Charting - Corporate Events | Yes | Yes | |
| Charting - Custom Date Range | Yes | No | |
| Charting - Custom Time Bars | Yes | No | |
| Charting - Automated Analysis | Yes | No | |
| Charting - Save Profiles | Yes | No | |
| Trade Ideas - Technical Analysis | Yes | No | |
| Charting - Study Customizations | 8 | 1 | |
| Charting - Custom Studies | No | No |
| Day Trading | Merrill Edge | Vanguard | |
|---|---|---|---|
| Streaming Time & Sales | Yes | No | |
| Streaming TV | No | No | |
| Direct Market Routing - Stocks | No | No | |
| Ladder Trading | No | No | |
| Trade Hotkeys | No | No | |
| Level 2 Quotes - Stocks | Yes | No | |
| Trade Ideas - Backtesting | Yes | No | |
| Trade Ideas - Backtesting Adv | No | No | |
| Short Locator | No | No | |
| Order Liquidity Rebates | No | No |
| Research Overview | Merrill Edge | Vanguard | |
|---|---|---|---|
| Research - Stocks | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Mutual Funds | Yes | Yes | |
| Research - Pink Sheets / OTCBB | Yes | Yes | |
| Research - Bonds | Yes | Yes | |
| Screener - Stocks | Yes | Yes | |
| Screener - ETFs | Yes | Yes | |
| Screener - Mutual Funds | Yes | Yes | |
| Screener - Bonds | Yes | Yes | |
| Misc - Portfolio Allocation | Yes | Yes |
| Stock Research | Merrill Edge | Vanguard | |
|---|---|---|---|
| Stock Research - PDF Reports | 3 | 2 | |
| Stock Research - Earnings | Yes | Yes | |
| 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 | Vanguard | |
|---|---|---|---|
| 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 | Vanguard | |
|---|---|---|---|
| Mutual Funds - Strategy Overview | Yes | Yes | |
| Mutual Funds - Performance Chart | Yes | Yes | |
| Mutual Funds - Performance Analysis | Yes | Yes | |
| Mutual Funds - Prospectus | Yes | Yes | |
| Mutual Funds - 3rd Party Ratings | Yes | No | |
| Mutual Funds - Fees Breakdown | Yes | Yes | |
| Mutual Funds - Top 10 Holdings | Yes | Yes | |
| Mutual Funds - Asset Allocation | Yes | No | |
| Mutual Funds - Sector Allocation | Yes | Yes | |
| Mutual Funds - Country Allocation | Yes | No | |
| Mutual Funds - StyleMap | Yes | Yes |
| Options Trading | Merrill Edge | Vanguard | |
|---|---|---|---|
| Option Chains - Basic View | Yes | Yes | |
| Option Chains - Strategy View | Yes | No | |
| Option Chains - Streaming | Yes | No | |
| Option Chains - Total Columns | 68 | 9 | |
| Option Chains - Greeks | 5 | 0 | |
| Option Chains - Quick Analysis | Yes | No | |
| Option Analysis - P&L Charts | Yes | No | |
| Option Probability Analysis | Yes | No | |
| Option Probability Analysis Adv | No | No | |
| Option Positions - Greeks | Yes | No | |
| Option Positions - Greeks Streaming | Yes | No | |
| Option Positions - Adv Analysis | Yes | No | |
| Option Positions - Rolling | Yes | No | |
| Option Positions - Grouping | Yes | No |
| Banking | Merrill Edge | Vanguard | |
|---|---|---|---|
| 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 | Vanguard | |
|---|---|---|---|
| Phone Support (Prospect Customers) | Yes | Yes | |
| Phone Support (Current Customers) | Yes | Yes | |
| Email Support | No | Yes | |
| Live Chat (Prospect Customers) | Yes | No | |
| Live Chat (Current Customers) | Yes | No | |
| 24/7 Support | Yes | No |
| Overall | Merrill Edge | Vanguard | |
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| Review | Merrill Edge Review | Vanguard Review |
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