Comparison Merrill Edge vs TD Ameritrade

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

First of all, we’ll compare the commission fees of the two brokers. Merrill Edge has a commission fee of $6.95, and TD Ameritrade has a commission fee of $6.95. When analyzing trading options, the commission fees of Merrill Edge is $6.95 + $0.75, and that one of TD Ameritrade is $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, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided to customers by Merrill Edge and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading are provided by TD Ameritrade. Concerning the platforms, Merrill Edge uses Web Platform, Android App, iOS App, while TD Ameritrade uses Desktop Platform (Windows), Desktop Platform (MacOS), 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. Merrill Edge was founded in 2010 in USA, and it is regulated by SEC, FINRA. And TD Ameritrade was founded in 1975 in USA, and it is regulated by SEC, FINRA. We can withdraw funds from Merrill Edge with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0 (Visa Debit Card). And TD Ameritrade provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The time for withdrawal in Merrill Edge is immediate (Bank Wire), and that one in TD Ameritrade is one Business Day.

As a result, the rating of Merrill Edge is 4.1 stars versus that of TD Ameritrade of 4.5 stars.

Overall Rating

 
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
TD Ameritrade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
Futures
Merrill Edge
Stock
$6.95
ETFs
$6.95
Options
$6.95 + $0.75
Mutual Funds
No Transaction Fee
Bonds
$1 Per Bond ($10 min)
Forex Spreads
N/A
Futures
N/A
TD Ameritrade
Stock
$6.95
ETFs
Commission-free
Options
$6.95 + $0.75
Mutual Funds
Commission-free
Bonds
Commission-free
Forex Spreads
$0.10 per 1,000 units
Futures
$2.25 fee per contract

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Merrill Edge
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
TD Ameritrade
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Merrill Edge
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
TD Ameritrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Merrill Edge
Research & Analysis
Education
Demo account
TD Ameritrade
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Merrill Edge
Android App
iOS App
TD Ameritrade
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Merrill Edge
Minimum deposit
None
Bank Wire
Visa/Mastercard
TD Ameritrade
Minimum deposit
None
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Merrill Edge
Bank Wire
Visa/Mastercard
Withdrawal Time
Immediate (Bank Wire)
Withdrawal Fee
$0 (Visa Debit Card)
TD Ameritrade
Bank Wire
Visa/Mastercard
Withdrawal Time
One Business Day
Withdrawal Fee
Free

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Merrill Edge
Сountry of Origin
USA
Year Founded
2010
Regulated By
SEC, FINRA
TD Ameritrade
Сountry of Origin
United States
Year Founded
1975
Regulated By
SEC, FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
Merrill Edge
Phone
Yes
Email
Yes
Live Chat
No
TD Ameritrade
Phone
Yes
Email
Yes
Live Chat
Yes (In-App Chat)

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