Merrill Edge vs optionsXpress 2013 Review

star Poor

star star Mediocre

star star star Good

star star star star Excellent

star star star star star Outstanding

trophy Featured

optionsXpress
Merrill Edge
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Fees

Flat-Fee Trade Plan* $8.95 $6.95
Per-Share Trade Plan N/A N/A
Mutual Fund Trade Fee* $9.95 $39.95
Options Trade Base $0.00 $6.95
Options Per Contract $1.50 $0.75
Options Exercise Fee $0.00 N/A
Options Assignment Fee $0.00 N/A
Broker Assisted Trades $8.95 $44.95
Minimum Deposit $0.00 $2,000.00

2013 Review Ratings

Overall star star star Star N/A
Commissions & Fees star star N/A
Customer Service star star star star N/A
Platform & Tools star star star Star N/A
Research star star star N/A
Ease of Use star star star star N/A
Investment Offering star star star N/A
Education star star star Star N/A
Mobile Trading star star star Star N/A

Brokers

optionsXpress Merrill Edge

Account Features

Virtual Trading check
No Minimum Deposit check
No Maintenance Fees check check
No-Fee IRAs check check
Online Trader Community check
Investment Education check check
Live Seminars check

Mobile Trading

iPhone App check check
iPad App check check
BlackBerry App check check
Android App check
Mobile Site check

Trade Types

Stock Trading check check
Options Trading check check
Mutual Funds check check
FOREX Trading
Futures Trading check

Banking Features

Checking Accounts
Savings Accounts
Credit Card Accounts
Debit Card Accounts
Mortgage Loans

Margin Rates

Under $25k 8.25% 0.00%
$25k to $49k 8.25% 0.00%
$50k to $99k 7.25% 0.00%
$100k to $249k 7.00% 0.00%
$250k to $499k 6.75% 0.00%
$500k to $999k 6.50% 0.00%
Above $1,000,000 6.00% 0.00%

Recap

optionsXpress Merrill Edge
Open Account Open Account
Current Offers Special Offer: Receive $100 Cash with any New Account - Learn More
Broker Reviews Read full review › Read full review ›

optionsXpress vs Merrill Edge

StockBrokers.com 2013 review compares Merrill Edge vs optionsXpress. Compare Merrill Edge and optionsXpress trade commissions, fees and overall broker ratings by using the chart above. Is Merrill Edge or optionsXpress 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 a $2.00 difference in the per trade stock price for optionsXpress and Merrill Edge. Merrill Edge's per trade stock price of $6.95 is a little less than optionsXpress's per trade stock price of $8.95.

There is a large difference between optionsXpress's "Overall" rating of 4 stars and Merrill Edge's "Overall" rating of -1 stars.

Both Merrill Edge and optionsXpress have an iPhone App for mobile trading. An iPad app for mobile trading on the popular tablet is available for Merrill Edge and optionsXpress to download on iTunes.

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