Firstrade vs Merrill Edge 2013 Review
Poor
Mediocre
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Outstanding
Featured
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| Open Account |
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| Current Offers | Special Offer: Receive 250 free trades and up to $250 cash - Learn More | |
| Broker Reviews | Read full review › | Read full review › |
Fees |
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| Flat-Fee Trade Plan* | $6.95 | $6.95 |
| Per-Share Trade Plan | N/A | N/A |
| Mutual Fund Trade Fee* | $9.95 | $39.95 |
| Options Trade Base | $6.95 | $6.95 |
| Options Per Contract | $0.75 | $0.75 |
| Options Exercise Fee | $16.95 | N/A |
| Options Assignment Fee | $16.95 | N/A |
| Broker Assisted Trades | $26.95 | $44.95 |
| Minimum Deposit | $0.00 | $2,000.00 |
2013 Review Ratings |
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| Overall |
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N/A |
| Commissions & Fees |
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N/A |
| Customer Service |
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N/A |
| Platform & Tools |
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N/A |
| Research |
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N/A |
| Ease of Use |
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N/A |
| Investment Offering |
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N/A |
| Education |
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N/A |
| Mobile Trading |
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N/A |
Brokers |
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Account Features |
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| Virtual Trading | ||
| No Minimum Deposit |
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| No Maintenance Fees |
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| No-Fee IRAs |
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| Online Trader Community |
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| Investment Education |
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Mobile Trading |
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| iPhone App |
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| iPad App |
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| BlackBerry App |
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| Android App | ||
| Mobile Site |
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Trade Types |
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| Stock Trading |
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| Options Trading |
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| Mutual Funds |
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| FOREX Trading | ||
| Futures Trading | ||
Banking Features |
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| Checking Accounts | ||
| Savings Accounts | ||
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| Debit Card Accounts | ||
| Mortgage Loans | ||
Margin Rates |
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| Under $25k | 7.75% | 0.00% |
| $25k to $49k | 7.75% | 0.00% |
| $50k to $99k | 7.50% | 0.00% |
| $100k to $249k | 6.75% | 0.00% |
| $250k to $499k | 6.25% | 0.00% |
| $500k to $999k | 5.50% | 0.00% |
| Above $1,000,000 | 5.00% | 0.00% |
Recap |
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| Open Account |
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| Current Offers | Special Offer: Receive 250 free trades and up to $250 cash - Learn More | |
| Broker Reviews | Read full review › | Read full review › |
Merrill Edge vs Firstrade
StockBrokers.com 2013 review compares Firstrade vs Merrill Edge. Compare Firstrade and Merrill Edge trade commissions, fees and overall broker ratings by using the chart above. Is Firstrade 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.
There is no difference in the per trade stock price for Firstrade and Merrill Edge, which are both currently priced at $6.95 per trade.
There is a large difference between Firstrade's "Overall" rating of 3 stars and Merrill Edge's "Overall" rating of -1 stars.
Only Merrill Edge has an iPad app for tablet trading while Firstrade does not support the device at this time. You can find the app in the iTunes app store. Both Firstrade and Merrill Edge have an iPhone App for mobile trading.
