StockBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

Merrill Edge vs Chase You Invest Trade 2019

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%).

Special Offer 300 $0 online stock and ETF trades, no minimum deposit required. Open Account
Special Offer Enjoy up to $625 when you open & fund a new account with $25K+*. Open Account
Open Account Open Account

Overall Rating

Feature Merrill Edge Chase You Invest Trade
Overall 4 2.5
Merrill Edge Review Chase You Invest Trade Review

Trading Fees

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 4 4.5
Winner check_circle

Margin Rates

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 4 4.5
Winner check_circle

Account Fees

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 4 4.5

Investment Options

Feature Merrill Edge Chase You Invest Trade
Stock Trading
Yes Yes
OTCBB / Pink Sheets
Yes No
Options Trading
Yes Yes
Complex Options Max Legs
2 0
Futures Trading
No No
Forex Trading
No No
Commission-Free ETFs 0 0
Mutual Funds (No Load)
2471 2700
Mutual Funds (Total)
3709 2700
Bonds (US Treasury)
Yes Yes
Bonds (Corporate)
Yes Yes
Bonds (Municipal)
Yes Yes
Advisor Services
Yes Yes
International Trading
No No
Offering of Investments 3 2
Winner check_circle

Order Types

Feature Merrill Edge Chase You Invest Trade
Order Type - Market
Yes Yes
Order Type - Limit
Yes Yes
Order Type - Stop
Yes Yes
Order Type - Trailing Stop
Yes No
Order Type - Contingent
No No
Order Type - MultiContingent
No No
Order Type - OCO
No No
Order Type - OTO
No No
Order Type - OTOCO
No No
Offering of Investments 3 2
Winner check_circle

Trading Platforms

Feature Merrill Edge Chase You Invest Trade
Desktop Platform (Windows)
Yes No
Desktop Platform (Mac)
Yes No
Web Platform
Yes Yes
Paper Trading
No No
Trade Journal
No No
Watch Lists - Total Fields
285 4
Two-Factor Authentication Login
Yes No
Heat Mapping
Yes No
Platforms & Tools 4 1
Winner check_circle

Charting Features

Feature Merrill Edge Chase You Invest Trade
Charting - Trade Off Chart
Yes No
Charting - Indicators / Studies
95 21
Charting - Drawing Tools
22 0
Charting - Historical Trades
Yes No
Charting - Corporate Events
Yes Yes
Charting - Automated Analysis
Yes No
Charting - Save Profiles
Yes No
Charting - Study Customizations
8 0
Charting - Custom Studies
No No
Platforms & Tools 4 1
Winner check_circle

Day Trading

Feature Merrill Edge Chase You Invest Trade
Stock Alerts - Basic Fields
Yes No
Stock Alerts - Advanced Fields
Yes No
Streaming Time & Sales
Yes No
Streaming TV
No No
Direct Market Routing - Stocks
No No
Direct Market Routing - Options
No No
Ladder Trading
No No
Trade Hot Keys
Yes No
Level 2 Quotes - Stocks
Yes No
Level 2 Quotes - Options
Yes No
Trade Ideas - Backtesting
Yes No
Short Locator
No No
Client Liquidity Rebates
No No
Winner check_circle

Mobile Trading Apps

Feature Merrill Edge Chase You Invest Trade
iPhone App
Yes Yes
Android App
Yes Yes
Apple Watch App
Yes No
Trading - Stocks
Yes Yes
Trading - After-Hours
Yes No
Trading - Conditional Orders
No No
Trading - Mutual Funds
Yes Yes
Trading - Simple Options
Yes No
Trading - Complex Options
Yes No
Trading - Option Rolling
No No
Touch / Face ID
Yes Yes
Winner check_circle

Mobile App Features

Feature Merrill Edge Chase You Invest Trade
Watch List Syncing
Yes No
Stock Alerts - Basic Fields
Yes No
Charting - After Hours
Yes No
Charting - Drawing
Yes No
Charting - Study Customizations
Yes No
Customizable Homescreen
Yes No
Heatmapping
Yes No
Stream Live TV
No No
Barcode Lookup
No No
Mobile Trading 4.5 2
Winner check_circle

Research Overview

Feature Merrill Edge Chase You Invest Trade
Research - Stocks
Yes Yes
Research - ETFs
Yes Yes
Research - Mutual Funds
Yes Yes
Research - Pink Sheets / OTCBB
Yes No
Research - Fixed Income
Yes No
Screener - Stocks
Yes Yes
Screener - ETFs
Yes Yes
Screener - Mutual Funds
Yes Yes
Screener - Options
Yes No
Screener - Bonds
Yes No
Misc - Portfolio Builder
Yes No
Misc - Portfolio Allocation
Yes Yes
Research 4.5 2.5
Winner check_circle

Stock Research

Feature Merrill Edge Chase You Invest Trade
Stock Research - Reports
3 1
Stock Research - Earnings
Yes No
Stock Research - Insiders
Yes No
Stock Research - Metric Comp
Yes No
Stock Research - SEC Filings
Yes No
Stock Research - Social
No No
Stock Research - Balance Sheet
Yes No
Stock Research - Cash Flows
Yes No
Stock Research - News
Yes Yes
Stock Research - ESG
Yes No
Research 4.5 2.5
Winner check_circle

ETF Research

Feature Merrill Edge Chase You Invest Trade
ETFs - Strategy Overview
Yes No
ETFs - Top 10 Holdings
Yes Yes
ETFs - Sector Exposure
Yes Yes
ETFs - Risk Analysis
Yes No
ETFs - Performance Analysis
Yes No
ETFs - Ratings
Yes No
ETFs - Morningstar StyleMap
Yes Yes
ETFs - Reports
Yes No
Research 4.5 2.5
Winner check_circle

Mutual Fund Research

Feature Merrill Edge Chase You Invest Trade
Mutual Funds - Strategy Overview
Yes No
Mutual Funds - Prospectus
Yes No
Mutual Funds - Reports
Yes No
Mutual Funds - Fees Breakdown
Yes No
Mutual Funds - Top 10 Holdings
Yes Yes
Mutual Funds - Asset Allocation
Yes Yes
Mutual Funds - Sector Allocation
Yes Yes
Mutual Funds - Country Allocation
Yes Yes
Mutual Funds - StyleMap
Yes Yes
Mutual Funds - 3rd Party Ratings
Yes No
Research 4.5 2.5
Winner check_circle

Options Trading

Feature Merrill Edge Chase You Invest Trade
Option Chains - Streaming
Yes No
Option Chains - Total Columns
69 3
Option Chains - Greeks
5 0
Option Chains - Quick Analysis
Yes No
Option Analysis - P&L Charts
Yes No
Option Probability Analysis
Yes No
Option Probability Analysis Adv
No No
Option Positions - Greeks
Yes No
Option Positions - Adv Analysis
Yes No
Option Positions - Rolling
No No
Option Positions - Grouping
Yes No
Platforms & Tools 4 1
Winner check_circle

Beginners

Feature Merrill Edge Chase You Invest Trade
Has Education - Stocks
Yes Yes
Has Education - ETFs
Yes No
Has Education - Options
Yes No
Has Education - Mutual Funds
Yes No
Has Education - Fixed Income
Yes No
Has Education - Retirement
Yes Yes
Paper Trading
No No
Videos
Yes Yes
Webinars (Monthly Avg)
0 0
Webinars (Archived)
No No
Live Seminars
Yes No
Progress Tracking
No No
Interactive Learning - Quizzes
Yes No
Investor Magazine
Yes No
Education 4.5 2.5
Winner check_circle

Banking

Feature Merrill Edge Chase You Invest Trade
Retail Locations
4400 5000
Member FDIC
Yes Yes
Checking Accounts
Yes Yes
Savings Accounts
Yes Yes
Credit Cards
Yes Yes
Debit Cards
Yes Yes
Mortgage Loans
Yes Yes
No Fee Banking
No No
Banking 5 5
Winner check_circle

Overall

Feature Merrill Edge Chase You Invest Trade
Merrill Edge Review Chase You Invest Trade Review
Overall 4 2.5
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.

Chase You Invest Trade Review
Merrill Edge Review



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

arrow_drop_upBack to top