The StockBrokers.com annual review (9 years running) takes six months to complete and produces over 30,000 words of research each year. Here's how we test.
Is Chase You Invest Trade better than Merrill Edge? After scoring brokers on over 4,000 data points for our 2019 review, Merrill Edge (77.93%) is better than Chase You Invest Trade (45.51%).
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Special Offer
300 $0 online stock and ETF trades, no minimum deposit required. Open Account
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Special Offer
Enjoy up to $625 when you open & fund a new account with $25K+*. Open Account
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| Open Account | Open Account |
| Feature | Merrill Edge | Chase You Invest Trade |
| Overall | ||
| Merrill Edge Review | Chase You Invest Trade Review |
| Feature | Merrill Edge | Chase You Invest Trade |
| Minimum Deposit | $0.00 | $0.00 |
| Stock Trade Fee (per trade) | $6.95 | $2.95 |
| ETF Trade Fee | $6.95 | $2.95 |
| Options Base Fee | $6.95 | $2.95 |
| Options Per Contract Fee | $0.75 | $0.75 |
| Mutual Fund Trade Fee | $19.95 | $0.00 |
| Broker Assisted Trades Fee | $29.95 | $25.00 |
| Commissions & Fees | ||
| Winner | check_circle |
| Feature |
Merrill Edge
Open Account |
Chase You Invest Trade
Open Account |
| Under $24,999.99 | 10.63% | N/A |
| $25,000.00 to $49,999.99 | 9.50% | N/A |
| $50,000.00 to $99,999.99 | 9.50% | N/A |
| $100,000.00 to $249,999.99 | 8.13% | N/A |
| $250,000.00 to $499,999.99 | 8.13% | N/A |
| $500,000.00 to $999,999.99 | 7.88% | N/A |
| Above $1,000,000.00 | 7.25% | N/A |
| Commissions & Fees | ||
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
| IRA Annual Fee | $0.00 | $0.00 |
| IRA Closure Fee | $49.95 | $75.00 |
| Returned ACH Fee | $30.00 | N/A |
| Returned Wire Fee | N/A | N/A |
| Stock Certificate Processing Fee | $500.00 | N/A |
| Stock Certificate Delivery Fee | N/A | N/A |
| Paper Statement Fee | $5.00 | $6.00 |
| Paper Confirmation Fee | $3.00 | N/A |
| Domestic Wire Fee | $24.95 | $30.00 |
| International Wire Fee | $24.95 | $30.00 |
| Commissions & Fees |
| Feature | Merrill Edge | Chase You Invest Trade |
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Stock Trading |
Yes | Yes |
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OTCBB / Pink Sheets |
Yes | No |
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Options Trading |
Yes | Yes |
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Complex Options Max Legs |
2 | 0 |
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Futures Trading |
No | No |
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Forex Trading |
No | No |
| Commission-Free ETFs | 0 | 0 |
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Mutual Funds (No Load) |
2471 | 2700 |
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Mutual Funds (Total) |
3709 | 2700 |
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Bonds (US Treasury) |
Yes | Yes |
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Bonds (Corporate) |
Yes | Yes |
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Bonds (Municipal) |
Yes | Yes |
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Advisor Services |
Yes | Yes |
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International Trading |
No | No |
| Offering of Investments | ||
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
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Order Type - Market |
Yes | Yes |
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Order Type - Limit |
Yes | Yes |
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Order Type - Stop |
Yes | Yes |
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Order Type - Trailing Stop |
Yes | No |
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Order Type - Contingent |
No | No |
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Order Type - MultiContingent |
No | No |
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Order Type - OCO |
No | No |
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Order Type - OTO |
No | No |
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Order Type - OTOCO |
No | No |
| Offering of Investments | ||
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
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Desktop Platform (Windows) |
Yes | No |
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Desktop Platform (Mac) |
Yes | No |
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Web Platform |
Yes | Yes |
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Paper Trading |
No | No |
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Trade Journal |
No | No |
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Watch Lists - Total Fields |
285 | 4 |
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Two-Factor Authentication Login |
Yes | No |
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Heat Mapping |
Yes | No |
| Platforms & Tools | ||
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
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Charting - Trade Off Chart |
Yes | No |
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Charting - Indicators / Studies |
95 | 21 |
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Charting - Drawing Tools |
22 | 0 |
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Charting - Historical Trades |
Yes | No |
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Charting - Corporate Events |
Yes | Yes |
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Charting - Automated Analysis |
Yes | No |
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Charting - Save Profiles |
Yes | No |
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Charting - Study Customizations |
8 | 0 |
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Charting - Custom Studies |
No | No |
| Platforms & Tools | ||
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
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Stock Alerts - Basic Fields |
Yes | No |
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Stock Alerts - Advanced Fields |
Yes | No |
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Streaming Time & Sales |
Yes | No |
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Streaming TV |
No | No |
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Direct Market Routing - Stocks |
No | No |
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Direct Market Routing - Options |
No | No |
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Ladder Trading |
No | No |
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Trade Hot Keys |
Yes | No |
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Level 2 Quotes - Stocks |
Yes | No |
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Level 2 Quotes - Options |
Yes | No |
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Trade Ideas - Backtesting |
Yes | No |
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Short Locator |
No | No |
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Client Liquidity Rebates |
No | No |
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
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iPhone App |
Yes | Yes |
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Android App |
Yes | Yes |
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Apple Watch App |
Yes | No |
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Trading - Stocks |
Yes | Yes |
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Trading - After-Hours |
Yes | No |
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Trading - Conditional Orders |
No | No |
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Trading - Mutual Funds |
Yes | Yes |
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Trading - Simple Options |
Yes | No |
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Trading - Complex Options |
Yes | No |
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Trading - Option Rolling |
No | No |
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Touch / Face ID |
Yes | Yes |
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
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Watch List Syncing |
Yes | No |
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Stock Alerts - Basic Fields |
Yes | No |
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Charting - After Hours |
Yes | No |
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Charting - Drawing |
Yes | No |
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Charting - Study Customizations |
Yes | No |
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Customizable Homescreen |
Yes | No |
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Heatmapping |
Yes | No |
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Stream Live TV |
No | No |
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Barcode Lookup |
No | No |
| Mobile Trading | ||
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
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Research - Stocks |
Yes | Yes |
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Research - ETFs |
Yes | Yes |
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Research - Mutual Funds |
Yes | Yes |
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Research - Pink Sheets / OTCBB |
Yes | No |
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Research - Fixed Income |
Yes | No |
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Screener - Stocks |
Yes | Yes |
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Screener - ETFs |
Yes | Yes |
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Screener - Mutual Funds |
Yes | Yes |
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Screener - Options |
Yes | No |
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Screener - Bonds |
Yes | No |
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Misc - Portfolio Builder |
Yes | No |
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Misc - Portfolio Allocation |
Yes | Yes |
| Research | ||
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
|
Stock Research - Reports |
3 | 1 |
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Stock Research - Earnings |
Yes | No |
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Stock Research - Insiders |
Yes | No |
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Stock Research - Metric Comp |
Yes | No |
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Stock Research - SEC Filings |
Yes | No |
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Stock Research - Social |
No | No |
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Stock Research - Balance Sheet |
Yes | No |
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Stock Research - Cash Flows |
Yes | No |
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Stock Research - News |
Yes | Yes |
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Stock Research - ESG |
Yes | No |
| Research | ||
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
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ETFs - Strategy Overview |
Yes | No |
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ETFs - Top 10 Holdings |
Yes | Yes |
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ETFs - Sector Exposure |
Yes | Yes |
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ETFs - Risk Analysis |
Yes | No |
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ETFs - Performance Analysis |
Yes | No |
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ETFs - Ratings |
Yes | No |
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ETFs - Morningstar StyleMap |
Yes | Yes |
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ETFs - Reports |
Yes | No |
| Research | ||
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
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Mutual Funds - Strategy Overview |
Yes | No |
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Mutual Funds - Prospectus |
Yes | No |
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Mutual Funds - Reports |
Yes | No |
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Mutual Funds - Fees Breakdown |
Yes | No |
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Mutual Funds - Top 10 Holdings |
Yes | Yes |
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Mutual Funds - Asset Allocation |
Yes | Yes |
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Mutual Funds - Sector Allocation |
Yes | Yes |
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Mutual Funds - Country Allocation |
Yes | Yes |
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Mutual Funds - StyleMap |
Yes | Yes |
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Mutual Funds - 3rd Party Ratings |
Yes | No |
| Research | ||
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
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Option Chains - Streaming |
Yes | No |
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Option Chains - Total Columns |
69 | 3 |
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Option Chains - Greeks |
5 | 0 |
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Option Chains - Quick Analysis |
Yes | No |
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Option Analysis - P&L Charts |
Yes | No |
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Option Probability Analysis |
Yes | No |
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Option Probability Analysis Adv |
No | No |
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Option Positions - Greeks |
Yes | No |
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Option Positions - Adv Analysis |
Yes | No |
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Option Positions - Rolling |
No | No |
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Option Positions - Grouping |
Yes | No |
| Platforms & Tools | ||
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
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Has Education - Stocks |
Yes | Yes |
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Has Education - ETFs |
Yes | No |
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Has Education - Options |
Yes | No |
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Has Education - Mutual Funds |
Yes | No |
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Has Education - Fixed Income |
Yes | No |
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Has Education - Retirement |
Yes | Yes |
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Paper Trading |
No | No |
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Videos |
Yes | Yes |
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Webinars (Monthly Avg) |
0 | 0 |
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Webinars (Archived) |
No | No |
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Live Seminars |
Yes | No |
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Progress Tracking |
No | No |
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Interactive Learning - Quizzes |
Yes | No |
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Investor Magazine |
Yes | No |
| Education | ||
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
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Retail Locations |
4400 | 5000 |
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Member FDIC |
Yes | Yes |
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Checking Accounts |
Yes | Yes |
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Savings Accounts |
Yes | Yes |
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Credit Cards |
Yes | Yes |
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Debit Cards |
Yes | Yes |
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Mortgage Loans |
Yes | Yes |
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No Fee Banking |
No | No |
| Banking | ||
| Winner | check_circle |
| Feature | Merrill Edge | Chase You Invest Trade |
| Merrill Edge Review | Chase You Invest Trade Review | |
| Overall | ||
| Winner | check_circle |
Comparing brokers side by side is no easy task. For our annual broker review, we assess over a dozen brokers on hundreds of different variables to find the best online broker. Yielding a database of over 4,000 data points, let's compare Chase You Invest Trade vs Merrill Edge.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. Merrill Edge charges more than Chase You Invest Trade for placing regular stock trades ($6.95 and $2.95, respectively). For options trading, Merrill Edge has a base fee of $6.95, and Chase You Invest Trade a base fee of $2.95. Option contracts at both of the brokerages are the same at $0.75 each. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review.
Next to commission rates, being able to trade what you want is important. Both Chase You Invest Trade and Merrill Edge support Stock Trading, Options Trading and Mutual Funds. Looking at mutual funds, Chase You Invest Trade trails Merrill Edge by 1,009 total mutual funds, with Merrill Edge offering 3709 and Chase You Invest Trade offering 2700.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. Neither Chase You Invest Trade and Merrill Edge offer virtual trading. Taking a look at mobile trading, Chase You Invest Trade supports the iPhone App and Android App while Merrill Edge supports the iPhone App, iPad App and Android App. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are available to customers of Chase You Invest Trade and Merrill Edge.
Overall, between Chase You Invest Trade and Merrill Edge, Merrill Edge is the winner.
All pricing data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. 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.
*INVESTMENT PRODUCTS: NOT A DEPOSIT · NOT FDIC INSURED · NO BANK GUARANTEE · MAY LOSE VALUE
