Is Firstrade better than Merrill Edge? Based on over 4,000 data points from our 2019 annual broker review, Merrill Edge (77.93%) is better than Firstrade (67.1%).
Best Rewards Program - Open Account
Special Offer: Invest in a new account and get up to $600.
Merrill Edge ($2.95 per trade) was awarded #1 for Banking Services and #1 Overall Client Experience, thanks to its parent company, Bank of America (BofA). Not limited to just BofA customers, Merrill Edge's Preferred Rewards program is excellent, offering unlimited $0 stock trades among other perks such as bonus rewards on credit cards and discounted mortgage rates.Read full review.
Great For Chinese Americans - Open Account
Special Offer: Commission-Free Trading on 700+ ETFs
Founded in 1985, Firstrade has a long history of providing value for its customers. Known for its easy-to-use website, Firstrade offers $0 stock and options trading. Firstrade offers Morningstar research; however, its trading platform struggles to stand out against industry leaders. Read full review.