menu

Fidelity Investments vs Merrill Edge Review

Brandon Reinkensmeyer

Published by Brandon Reinkensmeyer


Wednesday, April 26th, 2017

The StockBrokers.com Annual Broker Review compares Fidelity Investments vs Merrill Edge. Compare Fidelity Investments and Merrill Edge trade commissions, fees and overall broker ratings by using the chart above. Is Fidelity Investments or Merrill Edge a better online broker?

Looking at both brokers, first we will take a look at the commission rates for both placing regular stock and options trades. Fidelity Investments charges more than Merrill Edge for placing regular stock trades ($7.95 and $6.95, respectively). With options, the base fees charged are $7.95 (Fidelity Investments) and $6.95 (Merrill Edge). Contracts at both of the brokerages are the same at $0.75 each. It should be noted that not every broker uses a flat rate stock trade fee structure, so it is important to read the full commission notes (head over to any stock broker review page, then click the "Commissions & Fees" tab).

Alongside trade commissions, being able to trade the way you want is a must. Fidelity Investments and Merrill Edge provide clients with Stock Trading, Options Trading and Mutual Funds. When it comes to mutual funds, Fidelity Investments offers its clients access to 14391 different mutual funds while Merrill Edge has 9235 available funds, a difference of 5,156.00. Commission free ETFs can also be a nice plus, with Fidelity Investments having the upper hand thanks to its 76 available ETFs compared to Merrill Edge's offering of 0.

Last but not least, by breaking down important features that each broker offers, we can really help to separate the two brokers. Neither broker offers virtual trading. For mobile trading, Fidelity Investments and Merrill Edge both have a iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are offered by Merrill Edge while Fidelity Investments offers Checking Accounts, Savings Accounts, Debit Cards and Credit Cards. On the whole, when it comes to tools, research, and trading on the go, Merrill Edge finished with awards for Best in Class Research in 2016, while Fidelity Investments came up with Best in Class Platforms & Tools, Best in Class Research and Best in Class Mobile Trading.

Overall, both Fidelity Investments and Merrill Edge share a rating of 4.50 stars.
There are no results to display, please adjust your filters or reset the Compare Tool.
Overall
Commissions & Fees
Offering of Investments
Platforms & Tools
Research
Customer Service
Mobile Trading
Ease of Use
Education
Order Execution
Banking
Stock Trade Fee (flat)
Options Base Fee
Options Per Contract Fee
Mutual Fund Trade Fee
Broker Assisted Trades Fee
Minimum Deposit
No Inactivity Fees
No Fee IRAs
Stock Trading
Options Trading
Mutual Funds
Forex Trading
Futures Trading
Desktop Platform (Windows)
Web Platform
Virtual Trading
Charting - Drawing Tools
Charting - Indicators / Studies
Option Chains - Total Columns
Watch Lists - Total Fields
iPhone App
iPad App
Android App
Android Tablet App
Apple Watch App
Trading - After-Hours
Trading - Mutual Funds
Trading - Conditional Orders
Trading - Simple Options
Trading - Complex Options
Commission Free ETFs
Mutual Funds (No Load)
Mutual Funds (Total)
# of Easy to Borrow Stocks
Retail Locations
Under $24,999.99
$25,000.00 to $49,999.99
$50,000.00 to $99,999.99
$100,000.00 to $249,999.99
$250,000.00 to $499,999.99
Above $1,000,000.00
$500,000.00 to $999,999.99
Checking Accounts
Savings Accounts
Credit Cards
Debit Cards
Mortgage Loans
No Fee Banking
Fidelity Investments
Exclusive Offer Get 300 commission-free trades and 2 years to use them Learn More
Fidelity Investments Review
 
4.5
3
4.5
4.5
5
4.5
4.5
4.5
4.5
5
4
 
$4.95
$4.95
$0.65
$49.95
$32.95
$2,500.00
Yes
Yes
 
Yes
Yes
Yes
No
No
 
Yes
Yes
Yes
22
166
26
80
 
Yes
Yes
Yes
Yes
Yes
 
Yes
Yes
No
Yes
Yes
 
91
4052
13204
3748
195
 
8.33%
7.83%
6.88%
6.58%
6.58%
4.00%
4.00%
 
Yes
Yes
Yes
Yes
No
Yes
Merrill Edge
Special Offer Invest in a new account and get up to $600 Learn More
Merrill Edge Review
 
4
4.5
3
3.5
4.5
4.5
4
4.5
4
3.5
5
 
$6.95
$6.95
$0.75
$19.95
$29.95
$0.00
Yes
Yes
 
Yes
Yes
Yes
No
No
 
No
Yes
No
22
73
62
216
 
Yes
Yes
Yes
No
Yes
 
Yes
Yes
No
Yes
Yes
 
0
2764
7649
3793
2161
 
8.88%
7.75%
7.75%
6.38%
6.38%
5.50%
6.13%
 
Yes
Yes
Yes
Yes
Yes
No

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.

arrow_drop_upBack to top