Advertiser Disclosure

InvestorGreg.net is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. That's how we make money. This compensation may impact how, where and in what order products appear. InvestorGreg.net does not include all companies or all available products. We will never allow advertisers to influence our opinion of financial products that appear on this site.

Comparison Fidelity vs Merrill Edge

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Fidelity vs Merrill Edge. Which of them: Fidelity or Merrill Edge a better online broker?

First of all, we’ll compare the commission fees of the two brokers. The commission fee of Fidelity on regular transactions of the stock exchange is $4.95, and Merrill Edge has a commission fee of $6.95. Let’s analyze the commission fees on trading options. Fidelity has a commission fee of $4.95 + $0.65, Merrill Edge has a commission fee of $6.95 + $0.75. The full online broker reviews contains more detailed information on the brokers’ commission fees.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided to customers by Fidelity and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided by Merrill Edge. Concerning the platforms, Fidelity uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Merrill Edge uses Web Platform, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Fidelity was established in 1946 in USA, and it is regulated by SEC, FINRA, FCA (UK). And Merrill Edge was established in 2010 in USA, and it is regulated by SEC, FINRA. We can withdraw funds from Fidelity with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $10 (Bank Wire). And Merrill Edge provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0 (Visa Debit Card). The withdrawal time for Fidelity is immediate (Bank Wire), and that one for Merrill Edge is immediate (Bank Wire).

As a result, the rating of Fidelity is 4.3 stars versus that of Merrill Edge of 4.1 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
Fidelity
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Merrill Edge
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Fidelity
Stock
$4.95
ETFs
No Transaction Fee
Options
$4.95 + $0.65
Mutual Funds
No Transaction Fee
Bonds
$14
Merrill Edge
Stock
$6.95
ETFs
$6.95
Options
$6.95 + $0.75
Mutual Funds
No Transaction Fee
Bonds
$1 Per Bond ($10 min)

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Fidelity
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Merrill Edge
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Fidelity
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Merrill Edge
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Fidelity
Research & Analysis
Education
Merrill Edge
Research & Analysis
Education

Mobile App

Mobile App
Android App
iOS App
Fidelity
Android App
iOS App
Merrill Edge
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Fidelity
Minimum deposit
$0
Bank Wire
Visa/Mastercard
Merrill Edge
Minimum deposit
None
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Fidelity
Bank Wire
Visa/Mastercard
Withdrawal Time
Immediate (Bank Wire)
Withdrawal Fee
$10 (Bank Wire)
Merrill Edge
Bank Wire
Visa/Mastercard
Withdrawal Time
Immediate (Bank Wire)
Withdrawal Fee
$0 (Visa Debit Card)

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Fidelity
Сountry of Origin
United States
Year Founded
1946
Regulated By
SEC, FINRA, FCA (UK)
Merrill Edge
Сountry of Origin
USA
Year Founded
2010
Regulated By
SEC, FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
Fidelity
Phone
Yes
Email
Yes
Live Chat
No
Merrill Edge
Phone
Yes
Email
Yes
Live Chat
No

Related Comparisons