Published by Brandon Reinkensmeyer
Monday, February 20th, 2017
StockBrokers.com 2016 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.
The Merrill Edge's "Overall" rating of 5 stars is a slight advantage over Firstrade's "Overall" rating of 4 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.
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.