Comparison Merrill Edge vs Vanguard

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Merrill Edge vs Vanguard. Is Merrill Edge or Vanguard a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Merrill Edge on regular transactions of the stock exchange is $6.95, and Vanguard has a commission fee of $7 per trade (first 25). When analyzing trading options, the commission fees of Merrill Edge is $6.95 + $0.75, and that one of Vanguard is $7+$1 per contract (first 25). 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 are provided by Vanguard. As for platforms, Merrill Edge offers Web Platform, Android App, iOS App, while Vanguard offers 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 established in 2010 in USA, and it is regulated by SEC, FINRA. And Vanguard was established in 1975 in USA, and it is regulated by Various local Jurisdictions. Withdrawal of funds from Merrill Edge can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0 (Visa Debit Card). And Vanguard provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $10. The withdrawal time for Merrill Edge is immediate (Bank Wire), and that one for Vanguard is 3 Business days.

Overall, Merrill Edge boasts 4.1 stars versus Vanguard 3.9 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
Vanguard
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Merrill Edge
Stock
$6.95
ETFs
$6.95
Options
$6.95 + $0.75
Mutual Funds
No Transaction Fee
Bonds
$1 Per Bond ($10 min)
Vanguard
Stock
$7 per trade (first 25)
ETFs
$7 per trade (first 25)
Options
$7+$1 per contract (first 25)
Mutual Funds
$7 per trade (first 25)
Bonds
N/A

Types of trading

Types of trading
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
Vanguard
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading

Platforms

Platforms
Web Platform
Merrill Edge
Web Platform
Vanguard
Web Platform

Tools

Tools
Research & Analysis
Education
Merrill Edge
Research & Analysis
Education
Vanguard
Research & Analysis
Education

Mobile App

Mobile App
Android App
iOS App
Merrill Edge
Android App
iOS App
Vanguard
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Merrill Edge
Minimum deposit
None
Bank Wire
Visa/Mastercard
Vanguard
Minimum deposit
$0
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)
Vanguard
Bank Wire
Visa/Mastercard
Withdrawal Time
3 Business days
Withdrawal Fee
$10

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Merrill Edge
Сountry of Origin
USA
Year Founded
2010
Regulated By
SEC, FINRA
Vanguard
Сountry of Origin
USA
Year Founded
1975
Regulated By
Various local Jurisdictions

Customer Service

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

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