Merrill Edge vs Questrade 2013 Review

star Poor

star star Mediocre

star star star Good

star star star star Excellent

star star star star star Outstanding

trophy Featured

Questrade
Merrill Edge
Open Account Open Account
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Fees

Flat-Fee Trade Plan* $4.95 $6.95
Per-Share Trade Plan N/A N/A
Mutual Fund Trade Fee* $9.95 $39.95
Options Trade Base $9.95 $6.95
Options Per Contract $1.00 $0.75
Options Exercise Fee N/A N/A
Options Assignment Fee N/A N/A
Broker Assisted Trades N/A $44.95
Minimum Deposit $1,000.00 $2,000.00

2013 Review Ratings

Overall star star star Star N/A
Commissions & Fees star star 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 N/A
Mobile Trading star star star Star N/A

Brokers

Questrade Merrill Edge

Account Features

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

Mobile Trading

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

Trade Types

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

Banking Features

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

Margin Rates

Under $25k 0.00% 0.00%
$25k to $49k 0.00% 0.00%
$50k to $99k 0.00% 0.00%
$100k to $249k 0.00% 0.00%
$250k to $499k 0.00% 0.00%
$500k to $999k 0.00% 0.00%
Above $1,000,000 0.00% 0.00%

Recap

Questrade Merrill Edge
Open Account Open Account
Current Offers Special Offer: $50 trade commission rebate - Learn More
Broker Reviews Read full review › Read full review ›

Questrade vs Merrill Edge

StockBrokers.com 2013 review compares Merrill Edge vs Questrade. Compare Merrill Edge and Questrade trade commissions, fees and overall broker ratings by using the chart above. Is Merrill Edge or Questrade 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 Merrill Edge and Questrade. Questrade's per trade stock price of $4.95 is a little less than Merrill Edge's per trade stock price of $6.95.

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

Only Merrill Edge has an iPad app for tablet trading while Questrade does not support the device at this time. You can find the app in the iTunes app store. Both Merrill Edge and Questrade have an iPhone App for mobile trading.

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