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Merrill Edge vs Moomoo 2026

StockBrokers.com

Written by StockBrokers.com

September 17, 2025
  Fact Checked

In this head to head comparison of Merrill Edge vs Moomoo, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Merrill Edge
4.5/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.65
Moomoo
4/5 Stars Overall
  • Minimum Deposit: $0.00 info
  • Stock Trades: $0.00
  • Options (Per Contract): $0.00

Range of investments

Merrill Edge is the better choice for investors who want a wider mix of account types and investment choices. It offers stock trading, margin trading, OTC stocks, mutual funds, and options trading, plus traditional IRA and Roth IRA accounts and advisor services. Moomoo also supports stock trading, margin trading, OTC stocks, and options trading, and it stands out by offering fractional shares, which can help investors start with smaller amounts. For long-term retirement planning and access to mutual funds, Merrill Edge has the edge, while Moomoo may appeal to investors who want fractional share investing.

When it comes to what you can trade, both Merrill Edge and Moomoo do not offer forex, futures, or crypto trading, so neither platform is designed for those markets. Merrill Edge also does not offer fractional shares, while Moomoo does. On the other hand, Merrill Edge includes mutual funds, which Moomoo does not. If you want a broker with retirement accounts and advisor support, Merrill Edge gives you more account and service options overall.

Looking at investment variety, Merrill Edge is rated 4 out of 5 stars for Range of Investments and ranks #7 out of 14 brokers at StockBrokers.com. Moomoo is rated 3.5 out of 5 stars for the same category and does not have a listed ranking in that comparison. Overall, Merrill Edge offers more account flexibility and a broader selection for investors who want mutual funds, IRA accounts, and guidance, while Moomoo is a simpler pick with fractional shares and core trading features.

Feature Merrill Edge logoMerrill Edge
Moomoo logoMoomoo
Stock Trading Yes Yes
Account Feature - Margin Trading Yes Yes
Fractional Shares (Stocks) No Yes
OTC Stocks Yes Yes
Mutual Funds Yes No
Options Trading Yes Yes
Futures Trading No No
Crypto Trading No No
Crypto Trading - Total Coins 0 0
Range of Investments 4/5 Stars 3.5/5 Stars

Dive deeper: Best Options Trading Platforms for 2026, Best Futures Trading Platforms for 2026

Trading platforms and tools

Merrill Edge and Moomoo take different paths when it comes to trading platforms and tools. Merrill Edge stands out for its browser-based platform, larger watch list fields, and handy chart features like adjusting open orders right from the chart, while Moomoo is the better pick if you want downloadable desktop software for Windows or Mac and paper trading. For overall platform and tool quality, Merrill Edge is rated 3.5 out of 5 stars and ranks #7 out of 14 brokers by StockBrokers.com, while Moomoo earns 4 out of 5 stars.

On the platform side, Merrill Edge offers web access but no downloadable desktop app for Windows or Mac. Moomoo, on the other hand, supports desktop downloads on both systems but does not offer a browser-based platform. Neither broker includes a trading journal. For watch lists, Merrill Edge offers 285 fields compared with Moomoo’s 90, which may appeal to traders who want more data in one place.

Charting is strong at both brokers, but Moomoo offers more depth in several areas. Moomoo provides 194 technical indicators and 55 drawing tools, versus Merrill Edge’s 105 indicators and 23 drawing tools. Both brokers let users add notes, view historical trades, display corporate events, set custom date ranges, and use automated chart pattern analysis. Merrill Edge has the edge for saving multiple chart profiles and editing open orders on charts, while Moomoo goes further with custom studies and far more study settings, including 191 customization fields for SMA compared with Merrill Edge’s 8.

Feature Merrill Edge logoMerrill Edge
Moomoo logoMoomoo
Web Trading Platform Yes No
Desktop Trading Platform No Yes
Desktop Platform (Mac) No Yes
Paper Trading No Yes
Watchlists - Total Fields 285 90
Charting - Indicators / Studies 105 194
Charting - Drawing Tools 23 55
Advanced Trading 3.5/5 Stars 4/5 Stars

Dive deeper: Best Brokerage Accounts for 2026, Best Paper Trading Apps & Platforms for 2026

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Beginners and education

Merrill Edge and Moomoo both give new and experienced investors plenty of ways to learn, with education on stocks, ETFs, options, mutual funds, videos, and webinars. Merrill Edge goes a bit further for investors who want more market basics, since it also covers bonds and includes educational quizzes to help users check what they know. Merrill Edge is rated 4 out of 5 stars for education and is ranked #6 out of 14 brokers by StockBrokers.com, which points to a stronger overall learning experience.

Moomoo also offers solid beginner education, especially for traders who want to practice first, since it includes paper trading. That said, it does not offer bonds education or educational quizzes, and it does not let users track learning progress. Moomoo is rated 3.5 out of 5 stars for education, and StockBrokers.com does not list a current education ranking for it among the 14 brokers compared.

Feature Merrill Edge logoMerrill Edge
Moomoo logoMoomoo
Education (Stocks) Yes Yes
Education (ETFs) Yes Yes
Education (Options) Yes Yes
Education (Mutual Funds) Yes Yes
Education (Fixed Income) Yes No
Videos Yes Yes
Webinars Yes Yes
Education 4/5 Stars 3.5/5 Stars

Dive deeper: Best Trading Platforms for Beginners in 2026

Stock trading apps

Merrill Edge and Moomoo both make it easy to trade stocks from a mobile device, with iPhone and Android apps, streaming quotes, stock alerts, custom watch lists, options trading, and chart tools that support landscape view, multiple time frames, and stock comparisons. If you want the short version, both apps cover the basics well, but Moomoo stands out for having an Apple Watch app, customizable watch list columns, after-hours charting, and a much larger set of technical studies. That extra chart detail helps active traders who like more tools on the go, while Merrill Edge remains a solid choice for everyday stock trading with a simpler setup.

Looking closer at mobile features, Merrill Edge offers after-hours stock trading in its app, while the Moomoo information provided does not confirm that feature. Both brokers do not offer streaming live TV, but Moomoo does offer videos on demand, which Merrill Edge does not. On the charting side, Merrill Edge includes 34 technical studies, while Moomoo offers 191, giving Moomoo a clear edge for users who rely on technical analysis. Both platforms also let you create watch lists and view chart comparisons, so each app supports core research and tracking needs.

In third-party ratings, Merrill Edge earns 4 out of 5 stars for stock trading apps and ranks #9 out of 14 brokers by StockBrokers.com. Moomoo is rated 4.5 out of 5 stars, which points to a slightly stronger app experience overall. For investors comparing Merrill Edge vs. Moomoo for mobile stock trading, Merrill Edge offers a dependable all-around app, while Moomoo is the better pick for traders who want more mobile charting tools and added app features.

Feature Merrill Edge logoMerrill Edge
Moomoo logoMoomoo
iPhone App Yes Yes
Android App Yes Yes
Apple Watch App No Yes
Stock Alerts Yes Yes
Charting - After-Hours No Yes
Charting - Technical Studies 34 191
Mobile Trading Apps 4/5 Stars 4.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2026

Fees

For everyday investing costs, Merrill Edge and Moomoo are both low-cost options in a few key areas, since each has a $0 minimum deposit and charges $0 for regular stock trades. The biggest difference for many investors is in options trading: Merrill Edge charges $0.65 per options contract, while Moomoo charges $0.00. On the other hand, Moomoo’s margin rates are listed at 6.8% across the balance tiers shown, while Merrill Edge’s margin pricing varies, so the exact cost depends on account details.

Both brokers charge $0 for IRA annual fees and $0 for options exercise and assignment fees. However, their other account charges differ more noticeably. Merrill Edge charges $49.95 for IRA closure, while Moomoo does not charge that fee. For account transfers, Merrill Edge charges $0 for both partial and full ACAT transfers, but Moomoo charges $75 for each.

In simple terms, Merrill Edge may be the better fit if you want lower transfer costs and a broker with no IRA closure fee is not your top priority, while Moomoo may appeal to investors who want free options contracts and no IRA closure fee. Your best choice depends on which account fees matter most to you.

Feature Merrill Edge logoMerrill Edge
Moomoo logoMoomoo
Minimum Deposit $0.00 $0.00
Stock Trades $0.00 $0.00
Options (Per Contract) $0.65 $0.00
Options Exercise Fee $0.00 $0.00
Options Assignment Fee $0.00 $0.00
IRA Annual Fee $0.00 $0.00
IRA Closure Fee $49.95 $0.00

Dive deeper: Best Free Trading Platforms for 2026

Day Trading

When comparing Merrill Edge vs Moomoo for day trading, both platforms cover some key tools that active traders often want. Each offers streaming time and sales, level 2 quotes, and basic strategy backtesting, which can help with watching price action and testing ideas. Neither broker offers streaming live TV, direct market routing for stocks, or maker/taker rebates, so traders looking for those specific features will not find them at either platform.

Moomoo has a clear edge for more active trading features. It offers ladder trading, trading hotkeys for faster order entry, advanced strategy backtesting, and a short locator tool that shows real-time short share availability by security. Merrill Edge does not offer those tools, so while it can work for day trading basics, Moomoo may be the better fit for traders who want more speed, more control, and more research options.

Feature Merrill Edge logoMerrill Edge
Moomoo logoMoomoo
Streaming Time & Sales Yes Yes
Streaming TV No No
Direct Market Routing - Equities No No
Level 2 Quotes - Stocks Yes Yes
Trade Ideas - Backtesting Yes Yes
Trade Ideas - Backtesting Adv No Yes
Short Locator No Yes

Dive deeper: Best Day Trading Platforms and Apps for 2026

Market Research

If market research is a priority, Merrill Edge comes out ahead of Moomoo overall. Both brokers give you access to stock, ETF, OTCBB/pink sheet, and bond research, plus portfolio allocation by asset class and screeners for stocks and ETFs. But Merrill Edge adds more depth with mutual fund research, ESG research, downloadable PDF reports for stocks, ETFs, and mutual funds, and broader screening tools, making it the better pick for investors who want more information before placing a trade.

In a side-by-side comparison, Moomoo covers the basics well but leaves out several key research features. It does not offer mutual fund research, ESG research, or downloadable PDF research reports for stocks, ETFs, or mutual funds. It also lacks a mutual fund screener and bond screener, which can matter for long-term investors looking for a wider set of ideas and data. Merrill Edge, by contrast, includes all of those extras and even offers three downloadable stock research PDFs.

That difference shows up in independent ratings too. Merrill Edge is rated 4.5 out of 5 stars for market research and ranks #4 out of 14 brokers at StockBrokers.com, while Moomoo is rated 3.5 stars and does not have a listed rank. For investors who want deeper market research tools and more report coverage, Merrill Edge is the stronger choice; Moomoo still works for basic research needs, but it is more limited overall.

Feature Merrill Edge logoMerrill Edge
Moomoo logoMoomoo
Research - Stocks Yes Yes
Screener - Stocks Yes Yes
Research - ETFs Yes Yes
Screener - ETFs Yes Yes
Research - Mutual Funds Yes No
Screener - Mutual Funds Yes No
Research - Fixed Income Yes Yes
Screener - Fixed Income Yes No
Research 4.5/5 Stars 3.5/5 Stars

Banking

When comparing Merrill Edge and Moomoo for banking features, Merrill Edge clearly offers more options for everyday money management. Merrill Edge provides checking accounts, savings accounts, debit cards, credit cards, mortgage loans, and certificates of deposit (CDs), making it a more complete choice for people who want both investing and basic banking services in one place. Moomoo, on the other hand, does not offer these banking products, so it is better known for investing rather than full-service banking. If you want access to common banking tools along with your brokerage account, Merrill Edge has the advantage over Moomoo.

Feature Merrill Edge logoMerrill Edge
Moomoo logoMoomoo
Checking Accounts Yes No
Savings Accounts Yes No
Debit Cards Yes No
Credit Cards Yes No
Mortgage Loans Yes No
Brokerage CDs Yes No

Dive deeper: Best Brokers with Checking Accounts for 2026

Winner

After opening live accounts and testing 14 of the best online brokers, our research and live account testing finds that Merrill Edge is better than Moomoo. Merrill Edge finished with an overall score of 81.9%, while Moomoo finished with a score of 78.0%.

Merrill Edge and its parent, Bank of America, make for a well-rounded offering, with $0 trades, robust research, reliable customer service; and its Stock Stories and Fund Stories are an industry standout. There are some gaps in investment offerings, including crypto and futures.

FAQs

Can you trade cryptocurrency with Merrill Edge or Moomoo?

Merrill Edge and Moomoo both do not offer cryptocurrency trading, so neither platform supports buying or selling digital coins. As a result, each broker offers 0 coins for crypto trading.

Dive deeper: Best Online Brokers for Crypto Trading in 2026

Does Merrill Edge or Moomoo offer IRAs?

Merrill Edge offers both Traditional IRA and Roth IRA accounts, while Moomoo does not provide either retirement account type. Both brokers charge $0.00 in annual IRA fees, but Merrill Edge charges a $49.95 IRA closure fee compared with Moomoo’s $0.00 closure fee.

Dive deeper: Best IRA Accounts for 2026

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Compare

0 of 5
Overall Rating Merrill Edge Moomoo
Overall 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Advanced Trading 3.5/5 Stars 4/5 Stars
Mobile Trading Apps 4/5 Stars 4.5/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Customer Service 3.5/5 Stars N/A
Education 4/5 Stars 3.5/5 Stars
Ease of Use 4/5 Stars 3.5/5 Stars
Winner check_circle
Review Merrill Edge Review Moomoo Review
Broker Screenshots Merrill Edge Moomoo
Broker Gallery (click to expand)
Trading Fees Merrill Edge Moomoo
Minimum Deposit $0.00 $0.00
Stock Trades $0.00 $0.00
Penny Stock Fees (OTC) N/A $0.00
Mutual Fund Trade Fee Varies N/A
Options (Per Contract) $0.65 $0.00
Futures (Per Contract) (Not offered) (Not offered)
Broker Assisted Trade Fee $29.95 N/A
Margin Rates Merrill Edge Moomoo
Margin Rate Under $25,000 Varies 6.8%
Margin Rate $25,000 to $49,999.99 Varies 6.8%
Margin Rate $50,000 to $99,999.99 Varies 6.8%
Margin Rate $100,000 to $249,999.99 Varies 6.8%
Margin Rate $250,000 to $499,999.99 Varies 6.8%
Margin Rate $500,000 to $999,999.99 Varies 6.8%
Margin Rate Above $1,000,000 Varies 6.8%
Account Fees Merrill Edge Moomoo
IRA Annual Fee $0.00 $0.00
IRA Closure Fee $49.95 $0.00
Account Transfer Out (Partial) $0.00 $75.00
Account Transfer Out (Full) $0.00 $75.00
Options Exercise Fee $0.00 $0.00
Options Assignment Fee $0.00 $0.00
Investment Options Merrill Edge Moomoo
Stock Trading Yes Yes
Account Feature - Margin Trading Yes Yes
Fractional Shares (Stocks) No Yes
OTC Stocks Yes Yes
Options Trading Yes Yes
Complex Options Max Legs 4 4
Futures Trading No No
Forex Trading No No
Crypto Trading No No
Crypto Trading - Total Coins 0 0
Fixed Income (Treasurys) Yes No
Fixed Income (Corporate Bonds) Yes No
Fixed Income (Municipal Bonds) Yes No
Traditional IRAs Yes No
Roth IRAs Yes No
Advisor Services Yes No
International Countries (Stocks) 0 7
Order Types Merrill Edge Moomoo
Order Type - Market Yes Yes
Order Type - Limit Yes Yes
Order Type - After Hours Yes Yes
Order Type - Stop Yes Yes
Order Type - Trailing Stop Yes Yes
Order Type - OCO No Yes
Order Type - OTO No No
Order Type - Broker Assisted Yes No
Beginners Merrill Edge Moomoo
Education (Stocks) Yes Yes
Education (ETFs) Yes Yes
Education (Options) Yes Yes
Education (Mutual Funds) Yes Yes
Education (Fixed Income) Yes No
Education (Retirement) Yes No
Retirement Calculator Yes No
Investor Dictionary Yes Yes
Paper Trading No Yes
Videos Yes Yes
Webinars Yes Yes
Progress Tracking No No
Interactive Learning - Quizzes Yes No
Stock Trading Apps Merrill Edge Moomoo
iPhone App Yes Yes
Android App Yes Yes
Apple Watch App No Yes
Trading - Stocks Yes Yes
Trading - After-Hours Yes Yes
Trading - Simple Options Yes Yes
Trading - Complex Options Yes Yes
Order Ticket RT Quotes Yes Yes
Order Ticket SRT Quotes No Yes
Stock App Features Merrill Edge Moomoo
Mobile Research - Market Movers Yes Yes
Stream Live TV No No
Videos on Demand No Yes
Stock Alerts Yes Yes
Option Chains Viewable Yes Yes
Watchlist (Real-time) Yes Yes
Watchlist (Streaming) Yes Yes
Mobile Watchlists - Create & Manage Yes Yes
Mobile Watchlists - Column Customization No Yes
Stock App Charting Merrill Edge Moomoo
Charting - After-Hours No Yes
Charting - Can Turn Horizontally Yes Yes
Charting - Multiple Time Frames Yes Yes
Charting - Technical Studies 34 191
Charting - Study Customizations Yes Yes
Charting - Stock Comparisons Yes Yes
Trading Platforms Merrill Edge Moomoo
Active Trading Platform Merrill Edge Market Pro moomoo
Desktop Trading Platform No Yes
Desktop Platform (Mac) No Yes
Web Trading Platform Yes No
Paper Trading No Yes
Trade Journal No No
Watchlists - Total Fields 285 90
Stock Chart Features Merrill Edge Moomoo
Charting - Adjust Trades on Chart Yes No
Charting - Indicators / Studies 105 194
Charting - Drawing Tools 23 55
Charting - Notes Yes Yes
Charting - Historical Trades Yes Yes
Charting - Corporate Events Yes Yes
Charting - Custom Date Range Yes Yes
Charting - Custom Time Bars Yes No
Charting - Automated Analysis Yes Yes
Charting - Save Profiles Yes No
Trade Ideas - Technical Analysis Yes Yes
Charting - Study Customizations 8 191
Charting - Custom Studies No Yes
Day Trading Merrill Edge Moomoo
Streaming Time & Sales Yes Yes
Streaming TV No No
Direct Market Routing - Equities No No
Ladder Trading No Yes
Trade Hot Keys No Yes
Level 2 Quotes - Stocks Yes Yes
Trade Ideas - Backtesting Yes Yes
Trade Ideas - Backtesting Adv No Yes
Short Locator No Yes
Order Liquidity Rebates No No
Research Overview Merrill Edge Moomoo
Research - Stocks Yes Yes
Research - ETFs Yes Yes
Research - Mutual Funds Yes No
Research - Pink Sheets / OTCBB Yes Yes
Research - Fixed Income Yes Yes
Screener - Stocks Yes Yes
Screener - ETFs Yes Yes
Screener - Mutual Funds Yes No
Screener - Fixed Income Yes No
Portfolio Asset Allocation Yes Yes
Stock Research Merrill Edge Moomoo
Stock Research - PDF Reports 3 0
Stock Research - Earnings Yes Yes
Stock Research - Insiders Yes Yes
Stock Research - Social No No
Stock Research - News Yes Yes
Stock Research - ESG Yes No
Stock Research - SEC Filings Yes Yes
ETF Research Merrill Edge Moomoo
ETFs - Investment Objective Yes Yes
ETF Fund Facts - Inception Date Yes Yes
ETF Fund Facts - Expense Ratio Yes Yes
ETF Fund Facts - Total Assets Yes Yes
ETF Fund Facts - Total Holdings Yes Yes
ETFs - Top 10 Holdings Yes Yes
ETFs - Sector Exposure Yes Yes
ETFs - Risk Analysis Yes No
ETFs - Ratings Yes No
ETFs - Morningstar StyleMap Yes No
ETFs - PDF Reports Yes No
Mutual Fund Research Merrill Edge Moomoo
Mutual Funds - Investment Objective Yes No
Mutual Funds - Performance Chart Yes No
Mutual Funds - Performance Analysis Yes No
Mutual Funds - Prospectus Yes No
Mutual Funds - 3rd Party Ratings Yes No
Mutual Funds - Fees Breakdown Yes No
Mutual Funds - Top 10 Holdings Yes No
Mutual Funds - Asset Allocation Yes No
Mutual Funds - Sector Allocation Yes No
Mutual Funds - Country Allocation Yes No
Mutual Funds - StyleMap Yes No
Options Trading Merrill Edge Moomoo
Option Chains - Total Greeks 5 5
Option Analysis - P&L Charts Yes Yes
Banking Merrill Edge Moomoo
Bank (Member FDIC) Yes No
Checking Accounts Yes No
Savings Accounts Yes No
Credit Cards Yes No
Debit Cards Yes No
Mortgage Loans Yes No
Customer Service Merrill Edge Moomoo
Phone Support (Prospective Customers) Yes Yes
Phone Support (Current Customers) Yes Yes
Email Support No Yes
Live Chat (Prospective Customers) Yes Yes
Live Chat (Current Customers) Yes Yes
24/7 Support Yes Yes
Overall Merrill Edge Moomoo
Overall 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Advanced Trading 3.5/5 Stars 4/5 Stars
Mobile Trading Apps 4/5 Stars 4.5/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Ease of Use 4/5 Stars 3.5/5 Stars
Winner check_circle
Review Merrill Edge Review Moomoo Review
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