Merrill Edge vs Charles Schwab
Merrill Edge | Charles Schwab | |
|---|---|---|
$100 Bonus Offer - | $0 Commissions on Online Stock, ETF, and Options Trades - | |
Benefits and Features | ||
| Stock Trading | $0 commission on U.S. stocks and ETFs | |
| Options Trading | ||
| Annual Fee | ||
| Cryptocurrency Trading | ||
| Minimum Deposit | ||
| Mutual Fund Trading | $0 for no load, no-transaction-fee funds ($39.95 short-term redemption fee if the fund is held less than 90 days) $19.95 for no load, transaction-fee funds | $0 for funds from Schwab Mutual Fund OneSource and up to $74.95 per purchase for all other funds |
| Commission Free ETFs | 2,000+ across asset classes and fund companies, $0 commission through Schwab ETF OneSourceā¢. | |
| Broker Assisted Trades | ||
| Inactivity Fee | ||
| Maintenance Fee | ||
| Banking | ||
| Mobile App | ||
| Desktop App | ||
| Forex Trading | ||
| Futures Trading | ||
| Customer Service | ||
| Locations | More than 2,100 Bank of America locations | |
| Online Community | ||
| Seminars | ||
| Trading Platform | Desktop, Web Trading, Mobile Apps | |
| Virtual Trading | ||
CreditDonkey® Reviews | ||
| Stock Trading | ||
| Options Trading | ||
| Mutual Fund Trading | ||
| Online Platform | ||
| Banking | ||
| Mobile App | ||
| Commissions and Fees | ||
| Ease of Use | ||
| Research | ||
| Pros & Cons | Pros:
| |
| Bottom Line | Good choice for beginning and advanced investors looking to invest in ETFs and mutual funds or investors that require extensive research... | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Merrill Edge: Pricing information from published websites as of 08/01/2024. Charles Schwab: Pricing information from published websites as of 05/21/2025. | ||
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