Written by StockBrokers.com
In this head to head comparison of Merrill Edge vs Robinhood, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
When it comes to choosing between Merrill Edge and Robinhood for your investment needs, the decision largely hinges on the types of investment options you prioritize. Merrill Edge offers a broader array of investment opportunities, such as stock, margin, and options trading, along with mutual funds and OTC stocks. In contrast, Robinhood excels in providing access to modern investment opportunities like fractional shares and a wide selection of cryptocurrencies, including 22 different coins. Both platforms offer traditional and Roth IRA accounts, but Merrill Edge distinguishes itself with comprehensive advisor services. Based on evaluations, Merrill Edge scores 4.5 out of 5 stars for its range of investments, placing it 7th among 15 brokers, whereas Robinhood receives 3.5 stars, ranking it 12th.
Merrill Edge caters to investors seeking a more traditional portfolio, offering stock trading, mutual funds, OTC stocks, and advisor services to guide investment strategies. It stands out with options and margin trading, appealing to those interested in advanced trading features without venturing into cryptocurrencies. On the other hand, Robinhood appeals to a younger audience or those new to investing by offering user-friendly access to stocks and options as well as fractional shares and cryptocurrency trading. The lack of mutual funds and advisor services might be a drawback for those seeking a traditional approach, but its innovative features make it an attractive option for the tech-savvy investor.
In summary, choosing between Merrill Edge and Robinhood depends on your investment goals and needs. If you value a wide range of traditional investment products and advisor services, Merrill Edge might be the best fit. However, if you're interested in effortlessly trading fractional shares and a variety of cryptocurrencies, Robinhood could be your preferred platform. Both platforms offer unique features that cater to different investor profiles, ensuring a personalized investment experience.
| Feature |
Merrill Edge
|
Robinhood
|
|---|---|---|
| Stock Trading | Yes | Yes |
| Margin Trading | Yes | Yes |
| Fractional Shares | No | Yes |
| OTC Stocks | Yes | No |
| Mutual Funds | Yes | No |
| Options Trading | Yes | Yes |
| Futures Trading | No | No |
| Crypto Trading | No | Yes |
| Crypto Trading - Total Coins | 0 | 22 |
| Range of Investments |
|
|
Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025: A Beginner-Friendly Guide to an Advanced Market
When comparing the trading platforms and tools of Merrill Edge and Robinhood, Merrill Edge clearly stands out in several key areas, earning a higher ranking and rating. With a rating of 4 stars, Merrill Edge is positioned at #6 out of 15 brokers on StockBrokers.com. In contrast, Robinhood, with a rating of 3.5 stars, ranks #9. The main differentiators include the extensive customization options and additional charting features offered by Merrill Edge, making it a more versatile choice for traders looking to enhance their trading experience.
Both Merrill Edge and Robinhood provide browser-based platforms, but neither offers a downloadable platform for Windows or Mac. Importantly, Merrill Edge supports 285 columns for watchlists, dwarfing Robinhood's support of just 3. When it comes to charting, Merrill Edge provides a wealth of options—105 technical indicators and 23 drawing tools, compared to Robinhood's 16 indicators and 23 drawing tools. Merrill Edge also enables users to add notes, index overlays, and display corporate events like earnings and dividends on their charts, features not fully available on Robinhood's platform.
While both platforms allow users to adjust open orders directly on stock charts and set custom date ranges, Merrill Edge offers the ability to show historical trades and automated technical analysis, adding depth to their charting capabilities. Both platforms lack features such as paper trading, trading journals, and the creation of custom studies. Nonetheless, Merrill Edge's comprehensive chart customization, including eight customization fields for SMA studies compared to Robinhood's single field, makes it more appealing for users seeking detailed analytical tools.
| Feature |
Merrill Edge
|
Robinhood
|
|---|---|---|
| Web Trading Platform | Yes | Yes |
| Desktop Trading Platform | No | No |
| Desktop Platform (Mac) | No | No |
| Paper Trading | No | No |
| Watch Lists - Total Fields | 285 | 3 |
| Charting - Indicators / Studies | 105 | 16 |
| Charting - Drawing Tools | 23 | 23 |
| Platforms & Tools |
|
|
Dive deeper: Best Online Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
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When comparing Merrill Edge to Robinhood for investor education, both online brokers commit to providing educational resources for beginners. Merrill Edge and Robinhood both offer a solid foundation with stock and ETF education. However, Merrill Edge surpasses Robinhood by also including education on mutual funds and bonds, areas where Robinhood does not provide resources. Investors seeking options education will find both platforms accommodating, but when it comes to additional learning tools, Merrill Edge shines with its educational videos, quizzes, and webinars, which can help reinforce learning in an interactive manner. While both platforms lack paper trading and the ability to track learning progress, Merrill Edge still offers a more comprehensive learning experience, earning a 4.5-star rating compared to Robinhood's 4 stars for educational support.
StockBrokers.com ranks Merrill Edge as the 5th best choice out of 15 brokers for investor education, highlighting its strong offerings in available educational content. In contrast, Robinhood is positioned at #9, reflecting its slightly limited educational resources. For beginner investors eager to learn about the breadth of financial instruments and engage with different types of learning materials, Merrill Edge emerges as a more well-rounded option. While Robinhood provides fundamental resources, the added depth and interaction available through Merrill Edge make it a more enticing choice for those serious about developing their investment knowledge and skills.
| Feature |
Merrill Edge
|
Robinhood
|
|---|---|---|
| Education (Stocks) | Yes | Yes |
| Education (ETFs) | Yes | Yes |
| Education (Options) | Yes | Yes |
| Education (Mutual Funds) | Yes | No |
| Education (Bonds) | Yes | No |
| Paper Trading | No | No |
| Videos | Yes | No |
| Webinars | Yes | Yes |
| Education |
|
|
Dive deeper: Best Stock Trading Platforms for Beginners of 2025
When comparing the stock trading capabilities of Merrill Edge and Robinhood apps, both offer unique features and benefits that cater to different types of investors. Merrill Edge provides a comprehensive trading experience with a wealth of technical indicators, a landscape chart view, and the ability to view multiple time frames, making it a strong choice for those who value detailed charting options. Conversely, Robinhood shines with its Apple Watch app support, customizable watchlist columns, and after-hours charting — features that appeal to users seeking convenience and personalization. Both apps sustain a user rating of 4.5 stars, reflecting their respective strengths and generally positive reception among traders, as confirmed by their rankings from StockBrokers.com, where Merrill Edge holds a slightly higher position.
Both Merrill Edge and Robinhood offer essential app services like iPhone and Android compatibility, mobile options trading, streaming quotes, and stock alerts, ensuring users are well-equipped to trade on the go. However, Robinhood pulls ahead in terms of wearable tech integration by offering an Apple Watch app, while Merrill Edge skips this feature. This aspect may sway users who appreciate connectivity across multiple devices.
When diving into charting specifics, Merrill Edge provides a more versatile and technical analysis-friendly platform, featuring 34 technical studies compared to Robinhood’s six, as well as the ability to display stock comparisons directly on charts. However, Robinhood's platform is tailored towards liquidity-lovers with its after-hours charting — a vital tool for reacting to the market outside traditional trading windows. Both apps allow for the creation of custom watchlists, ensuring that regardless of your choice, you'll have the ability to track stocks effectively in line with your trading strategies. Overall, your decision might hinge on whether you prioritize Merrill Edge's in-depth charting tools or Robinhood's flexible, after-hours functionalities.
| Feature |
Merrill Edge
|
Robinhood
|
|---|---|---|
| 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 | 6 |
| Mobile Trading Apps |
|
|
Dive deeper: Best Stock Trading Apps for 2025
When comparing Merrill Edge and Robinhood for their account fees and charges, both platforms provide excellent options for commission-free stock trading. Both have no minimum deposit, making them accessible to new investors. However, there are notable differences regarding options trading and other service fees. While Merrill Edge charges $0.65 per options contract, Robinhood provides options trading without any contract fee. This cost difference may appeal to frequent options traders who prioritize minimizing fees.
In terms of margin rates, Robinhood offers a clear schedule, with a set rate of 5.75% for balances below $50,000 and a slightly reduced rate of 5.55% for higher balances. Merrill Edge's margin rates vary, potentially offering more competitive rates depending on the account tier. Both platforms offer IRA accounts with no annual fees, but Merrill Edge imposes a $49.95 fee for IRA closures, whereas Robinhood charges nothing.
Another factor to consider is the cost of account transfers. Merrill Edge charges nothing for both partial and full Account Transfers (ACAT), while Robinhood has a $100 fee for each. Additionally, neither platform charges fees for options exercise or assignment. For investors seeking a fee-free options trading platform, Robinhood could be the better choice. However, for those considering flexibility with account transfers and potentially variable margin rates, Merrill Edge may be more appealing.
| Feature |
Merrill Edge
|
Robinhood
|
|---|---|---|
| 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 2025
Merrill Edge and Robinhood both serve as popular platforms among traders, but they offer different tools for day trading enthusiasts. Merrill Edge provides streaming time and sales data for stocks, an essential feature for traders needing real-time market data. However, it lacks streaming live TV and direct market routing, which might be important for certain traders. Notably, Merrill Edge offers Level 2 quotes and basic strategy backtesting, providing a layer of depth in trading insights and strategies that Robinhood does not. These features cater to traders looking for detailed market information and the ability to test simple trading strategies without needing to commit real money.
Robinhood, on the other hand, is known for its user-friendly interface and unique feature of ladder trading. It's an attractive option for traders who prefer a simplified trading experience, though it falls short in offering critical tools like Level 2 quotes, streaming time and sales, and basic strategy backtesting. Both Merrill Edge and Robinhood lack trading hotkeys and advanced backtesting options, which may be a consideration for traders who rely heavily on these capabilities. Overall, while Merrill Edge may offer more depth in data and testing, Robinhood provides an easy-to-navigate platform with focused features for straightforward trades.
| Feature |
Merrill Edge
|
Robinhood
|
|---|---|---|
| Streaming Time & Sales | Yes | No |
| Streaming TV | No | No |
| Direct Market Routing - Stocks | No | No |
| Level 2 Quotes - Stocks | Yes | No |
| Trade Ideas - Backtesting | Yes | No |
| Trade Ideas - Backtesting Adv | No | No |
| Short Locator | No | No |
Dive deeper: Best Day Trading Platforms for 2025
When comparing Merrill Edge and Robinhood for market research capabilities, Merrill Edge emerges as the clear winner. It offers extensive resources across multiple investment types, including stocks, ETFs, and mutual funds. Merrill Edge also provides essential tools like a portfolio allocation view, ESG research, and downloadable research reports. On the other hand, Robinhood, while user-friendly, falls short with fewer offerings in areas like mutual funds and bonds research and lacks features like ESG insights and detailed research reports.
Merrill Edge stands out with its comprehensive market research support. It offers detailed insights into stocks, ETFs, mutual funds, and bonds. Importantly, it also provides downloadable PDF reports and a wider array of screeners for trade ideas. This expansive suite of resources is reflected in its high rating of 5 stars for market research, ranking it 5th among 15 brokers as per StockBrokers.com.
Robinhood, known for its easy-to-use platform, does offer stock and ETF research but misses critical elements like mutual funds and bonds research. It also does not provide users with downloadable reports, making it less appealing for those needing in-depth analysis. As a result, it receives a lower market research rating of 2 stars and ranks 10th in the StockBrokers.com listing, indicating room for improvement in this area.
| Feature |
Merrill Edge
|
Robinhood
|
|---|---|---|
| Research - Stocks | Yes | Yes |
| Screener - Stocks | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Screener - ETFs | Yes | No |
| Research - Mutual Funds | Yes | No |
| Screener - Mutual Funds | Yes | No |
| Research - Bonds | Yes | No |
| Screener - Bonds | Yes | No |
| Research |
|
|
When comparing the banking capabilities of Merrill Edge and Robinhood, several differences stand out. Merrill Edge offers a comprehensive range of banking services that include checking and savings accounts, providing users with a more traditional banking experience. They also offer debit cards, credit cards, mortgage loans, and CDs, providing options for various financial needs. On the other hand, Robinhood, while offering debit and credit cards to its users, does not provide checking accounts, savings accounts, mortgage loans, or CDs, which may limit the banking features available to its customers. This makes Merrill Edge a more suitable option for individuals seeking comprehensive banking solutions alongside investment services.
| Feature |
Merrill Edge
|
Robinhood
|
|---|---|---|
| Checking Accounts | Yes | No |
| Savings Accounts | Yes | No |
| Debit Cards | Yes | Yes |
| Credit Cards | Yes | Yes |
| Mortgage Loans | Yes | No |
| CDs | Yes | No |
Dive deeper: Best Bank Accounts for Trading Stocks for 2025
After opening live accounts and testing 15 of the best online brokers, our research and live account testing finds that Merrill Edge is better than Robinhood. Merrill Edge finished with an overall score of 92.7%, while Robinhood finished with a score of 77.3%.
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.
While Merrill Edge does not offer crypto trading options, Robinhood provides access to 22 different cryptocurrencies, making it a more versatile platform for users interested in digital asset trading.
Dive deeper: Best Online Brokers for Crypto Trading in 2025
Both Merrill Edge and Robinhood offer traditional and Roth IRA accounts with no annual fees, but while Merrill Edge charges a $49.95 closure fee for closing IRA accounts, Robinhood does not impose any closure fees, providing a cost-effective option for users considering account termination.
Dive deeper: Best IRA Accounts for 2025
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| Review | Merrill Edge Review | Robinhood Review |
| Broker Screenshots | Merrill Edge | Robinhood | |
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| Trading Fees | Merrill Edge | Robinhood | |
|---|---|---|---|
| Minimum Deposit | $0.00 | $0.00 | |
| Stock Trades | $0.00 | $0.00 | |
| Penny Stock Fees (OTC) | N/A | N/A | |
| 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 | Robinhood | |
|---|---|---|---|
| Margin Rate Under $25,000 | Varies | 5.75% | |
| Margin Rate $25,000 to $49,999.99 | Varies | 5.75% | |
| Margin Rate $50,000 to $99,999.99 | Varies | 5.55% | |
| Margin Rate $100,000 to $249,999.99 | Varies | 5.25% | |
| Margin Rate $250,000 to $499,999.99 | Varies | 5.25% | |
| Margin Rate $500,000 to $999,999.99 | Varies | 5.25% | |
| Margin Rate Above $1,000,000 | Varies | 5% |
| Account Fees | Merrill Edge | Robinhood | |
|---|---|---|---|
| IRA Annual Fee | $0.00 | $0.00 | |
| IRA Closure Fee | $49.95 | $0.00 | |
| Account Transfer Out (Partial) | $0.00 | $100.00 | |
| Account Transfer Out (Full) | $0.00 | $100.00 | |
| Options Exercise Fee | $0.00 | $0.00 | |
| Options Assignment Fee | $0.00 | $0.00 |
| Investment Options | Merrill Edge | Robinhood | |
|---|---|---|---|
| Stock Trading | Yes | Yes | |
| Margin Trading | Yes | Yes | |
| Fractional Shares | No | Yes | |
| OTC Stocks | Yes | No | |
| Options Trading | Yes | Yes | |
| Complex Options Max Legs | 4 | 4 | |
| Futures Trading | No | No | |
| Forex Trading | No | No | |
| Crypto Trading | No | Yes | |
| Crypto Trading - Total Coins | 0 | 22 | |
| Mutual Funds (No Load) | 2952 | 0 | |
| Mutual Funds (Total) | 3466 | 0 | |
| Bonds (US Treasury) | Yes | No | |
| Bonds (Corporate) | Yes | No | |
| Bonds (Municipal) | Yes | No | |
| Traditional IRAs | Yes | Yes | |
| Roth IRAs | Yes | Yes | |
| Advisor Services | Yes | No | |
| International Countries (Stocks) | 0 | 0 |
| Order Types | Merrill Edge | Robinhood | |
|---|---|---|---|
| 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 | No | |
| Order Type - OTO | No | No | |
| Order Type - Broker Assisted | Yes | No |
| Beginners | Merrill Edge | Robinhood | |
|---|---|---|---|
| Education (Stocks) | Yes | Yes | |
| Education (ETFs) | Yes | Yes | |
| Education (Options) | Yes | Yes | |
| Education (Mutual Funds) | Yes | No | |
| Education (Bonds) | Yes | No | |
| Education (Retirement) | Yes | No | |
| Retirement Calculator | Yes | No | |
| Investor Dictionary | Yes | Yes | |
| Paper Trading | No | No | |
| Videos | Yes | No | |
| Webinars | Yes | Yes | |
| Webinars (Archived) | Yes | No | |
| Progress Tracking | No | No | |
| Interactive Learning - Quizzes | Yes | No |
| Stock Trading Apps | Merrill Edge | Robinhood | |
|---|---|---|---|
| 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 | Robinhood | |
|---|---|---|---|
| Market Movers (Top Gainers) | Yes | Yes | |
| Stream Live TV | No | No | |
| Videos on Demand | No | No | |
| Stock Alerts | Yes | Yes | |
| Option Chains Viewable | Yes | Yes | |
| Watch List (Real-time) | Yes | Yes | |
| Watch List (Streaming) | Yes | Yes | |
| Watch Lists - Create & Manage | Yes | Yes | |
| Watch Lists - Column Customization | No | Yes |
| Stock App Charting | Merrill Edge | Robinhood | |
|---|---|---|---|
| Charting - After-Hours | No | Yes | |
| Charting - Can Turn Horizontally | Yes | No | |
| Charting - Multiple Time Frames | Yes | Yes | |
| Charting - Technical Studies | 34 | 6 | |
| Charting - Study Customizations | Yes | Yes | |
| Charting - Stock Comparisons | Yes | No |
| Trading Platforms | Merrill Edge | Robinhood | |
|---|---|---|---|
| Active Trading Platform | Merrill Edge Market Pro | Robinhood Legend | |
| Desktop Trading Platform | No | No | |
| Desktop Platform (Mac) | No | No | |
| Web Trading Platform | Yes | Yes | |
| Paper Trading | No | No | |
| Trade Journal | No | No | |
| Watch Lists - Total Fields | 285 | 3 |
| Stock Chart Features | Merrill Edge | Robinhood | |
|---|---|---|---|
| Charting - Adjust Trades on Chart | Yes | Yes | |
| Charting - Indicators / Studies | 105 | 16 | |
| Charting - Drawing Tools | 23 | 23 | |
| Charting - Notes | Yes | Yes | |
| Charting - Index Overlays | Yes | Yes | |
| Charting - Historical Trades | Yes | No | |
| Charting - Corporate Events | Yes | No | |
| Charting - Custom Date Range | Yes | Yes | |
| Charting - Custom Time Bars | Yes | Yes | |
| Charting - Automated Analysis | Yes | No | |
| Charting - Save Profiles | Yes | Yes | |
| Trade Ideas - Technical Analysis | Yes | No | |
| Charting - Study Customizations | 8 | 1 | |
| Charting - Custom Studies | No | No |
| Day Trading | Merrill Edge | Robinhood | |
|---|---|---|---|
| Streaming Time & Sales | Yes | No | |
| Streaming TV | No | No | |
| Direct Market Routing - Stocks | No | No | |
| Ladder Trading | No | Yes | |
| Trade Hotkeys | No | No | |
| Level 2 Quotes - Stocks | Yes | No | |
| Trade Ideas - Backtesting | Yes | No | |
| Trade Ideas - Backtesting Adv | No | No | |
| Short Locator | No | No | |
| Order Liquidity Rebates | No | No |
| Research Overview | Merrill Edge | Robinhood | |
|---|---|---|---|
| Research - Stocks | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Mutual Funds | Yes | No | |
| Research - Pink Sheets / OTCBB | Yes | Yes | |
| Research - Bonds | Yes | No | |
| Screener - Stocks | Yes | Yes | |
| Screener - ETFs | Yes | No | |
| Screener - Mutual Funds | Yes | No | |
| Screener - Bonds | Yes | No | |
| Misc - Portfolio Allocation | Yes | No |
| Stock Research | Merrill Edge | Robinhood | |
|---|---|---|---|
| Stock Research - PDF Reports | 3 | 0 | |
| Stock Research - Earnings | Yes | Yes | |
| Stock Research - Insiders | Yes | No | |
| Stock Research - Social | No | No | |
| Stock Research - News | Yes | Yes | |
| Stock Research - ESG | Yes | No | |
| Stock Research - SEC Filings | Yes | No |
| ETF Research | Merrill Edge | Robinhood | |
|---|---|---|---|
| ETFs - Strategy Overview | Yes | Yes | |
| ETF Fund Facts - Inception Date | Yes | Yes | |
| ETF Fund Facts - Expense Ratio | Yes | Yes | |
| ETF Fund Facts - Net 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 | Robinhood | |
|---|---|---|---|
| Mutual Funds - Strategy Overview | 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 | Robinhood | |
|---|---|---|---|
| Option Chains - Basic View | Yes | Yes | |
| Option Chains - Strategy View | Yes | Yes | |
| Option Chains - Streaming | Yes | Yes | |
| Option Chains - Total Columns | 68 | 17 | |
| Option Chains - Greeks | 5 | 5 | |
| Option Chains - Quick Analysis | Yes | Yes | |
| Option Analysis - P&L Charts | Yes | Yes | |
| Option Probability Analysis | Yes | No | |
| Option Probability Analysis Adv | No | No | |
| Option Positions - Greeks | Yes | Yes | |
| Option Positions - Greeks Streaming | Yes | Yes | |
| Option Positions - Adv Analysis | Yes | No | |
| Option Positions - Rolling | Yes | Yes | |
| Option Positions - Grouping | Yes | Yes |
| Banking | Merrill Edge | Robinhood | |
|---|---|---|---|
| Bank (Member FDIC) | Yes | No | |
| Checking Accounts | Yes | No | |
| Savings Accounts | Yes | No | |
| Credit Cards | Yes | Yes | |
| Debit Cards | Yes | Yes | |
| Mortgage Loans | Yes | No |
| Customer Service | Merrill Edge | Robinhood | |
|---|---|---|---|
| Phone Support (Prospect Customers) | Yes | No | |
| Phone Support (Current Customers) | Yes | Yes | |
| Email Support | No | Yes | |
| Live Chat (Prospect Customers) | Yes | No | |
| Live Chat (Current Customers) | Yes | Yes | |
| 24/7 Support | Yes | Yes |
| Overall | Merrill Edge | Robinhood | |
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| Winner | check_circle | ||
| Review | Merrill Edge Review | Robinhood Review |
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