Comparison Merrill Edge vs TradeStation

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

Firstly, let’s compare commission fees provided by these brokers for regular transactions. Merrill Edge has a commission fee of $6.95, and TradeStation has a commission fee of 4. Let’s analyze the commission fees on trading options. Merrill Edge has a commission fee of $6.95 + $0.75, TradeStation has a commission fee of 5. The full online broker reviews contains more detailed information on the brokers’ commission fees.

Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are Merrill Edge provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, and TradeStation provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading. Concerning the platforms, Merrill Edge uses Web Platform, Android App, iOS App, while TradeStation uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Merrill Edge was founded in 2010 in USA, and it is regulated by SEC, FINRA. And TradeStation was founded in 1982 in United States, and it is regulated by SEC, FINRA. Withdrawal of funds from Merrill Edge can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0 (Visa Debit Card). And TradeStation provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $35 for US domestic withdrawals. The time for withdrawal in Merrill Edge is immediate (Bank Wire), and that one in TradeStation is 3-5 business days.

As a result, the rating of Merrill Edge is 4.1 stars versus that of TradeStation of 3.8 stars.