Published by Brandon Reinkensmeyer
Tuesday, February 21st, 2017
StockBrokers.com 2016 review compares Etrade vs Merrill Edge. Compare Etrade and Merrill Edge trade commissions, fees and overall broker ratings by using the chart above. Is Etrade or Merrill Edge a better online broker? The StockBrokers.com staff breaks down all the key broker features, rates, and commissions charged to clients to determine the best broker.
Merrill Edge ($19.95) has minimal mutual fund trade commission savings when compared to ETRADE ($19.99). The small amount of commission variance would only be pertinent for high volume trading which is very uncommon with mutual funds specifically. There is a significant price difference of $3.04 per stock trade between ETRADE and Merrill Edge. ETRADE's per trade stock price of 9.99 is significantly higher than Merrill Edge's per trade stock price of 6.95.
The "Overall" ratings for ETRADE and Merrill Edge are equally matched at 5 stars.
Both ETRADE and Merrill Edge have an iPhone App for mobile trading. An iPad app for mobile trading on the popular tablet is available for ETRADE and Merrill Edge to download on iTunes.
All pricing data was obtained from a published web site as of 2/20/2017 and is believed to be accurate, but is not guaranteed. The StockBrokers.com staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.