menu

Merrill Edge vs Scottrade Review

Brandon Reinkensmeyer

Published by Brandon Reinkensmeyer


Wednesday, January 4th, 2017

Scottrade vs Merrill Edge

StockBrokers.com 2016 review compares Merrill Edge vs Scottrade. Compare Merrill Edge and Scottrade trade commissions, fees and overall broker ratings by using the chart above. Is Merrill Edge or Scottrade 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.

Scottrade ($17.00) has minimal mutual fund trade commission savings when compared to Merrill Edge ($19.95). The small amount of commission variance would only be pertinent for high volume trading which is very uncommon with mutual funds specifically. Merrill Edge ($6.95) has a slight per trade stock price advantage over Scottrade ($7.00). This marginal difference of $0.05 should be taken into consideration by very high volume traders.

The Merrill Edge's "Overall" rating of 5 stars is a slight advantage over Scottrade's "Overall" rating of 4 stars.

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

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
Merrill Edge
Special Offer Invest in a new account and get up to $600 - Learn More
Read the Merrill Edge Review
 
4
4
3
3.5
4.5
4.5
3.5
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
Scottrade
Special Offer Access to over 500 retail locations - Learn More
Read the Scottrade Review
 
4
2
3.5
4
4.5
4
3.5
4
4
4
3.5
 
$7.00
$7.00
$0.70
$17.00
$32.00
$2,500.00
Yes
Yes
 
Yes
Yes
Yes
No
No
 
Yes
Yes
Yes
12
67
28
236
 
Yes
Yes
Yes
No
No
 
Yes
No
No
Yes
No
 
0
7213
13599
3500
503
 
8.00%
7.25%
7.00%
6.50%
6.25%
5.25%
5.75%
 
Yes
Yes
No
Yes
No
No

All pricing data was obtained from a published web site as of 2/16/2016 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