Compare Chase You Invest vs Merrill Edge


Online brokers compared for fees, trading platforms, safety and more. See how Chase You Invest stacks up against Merrill Edge!

Chase You Invest vs Merrill Edge
overall rating
4.5
4.8
overall pros
  • Low trading fees
  • Fast and fully digital account opening
  • Strong parent company
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
overall cons
  • Available only for US clients
  • Limited product portfolio
  • Basic research tools
  • Limited to US clients and products
  • No demo trading
  • Limited options to deposit/withdraw from accounts
fees
4.8
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • High financing rate
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only for US clients
5.0
  • Fast
  • Fully digital
  • No minimum deposit
deposit and withdrawal
2.2
  • No deposit fee
  • Quick deposit and withdrawal - within 3 days
  • Credit/Debit card not available
  • Only one account base currency
  • High wire withdrawal fee for non-Chase clients
2.2
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • Slow withdrawal - over 3 days
web trading platform
2.9
  • User-friendly
  • Good search function
  • Order confirmation
  • No clear fee report available
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
3.9
  • User-friendly
  • Good search function
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • No Touch/Face ID login
4.8
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Poor search function
desktop trading platform
markets and products
2.1
  • Stock
  • ETF
  • Fund
  • Bond
  • Portfolio Builder
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
2.3
  • Data on asset fundamentals
  • Easy-to-use screener
  • Limited interactive charting
  • No trading ideas
  • Limited set of analytic tools
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
customer service
3.5
  • Fast response time
  • Relevant answers
  • Fast and relevant telephone support
  • No live chat
  • No email support
4.5
  • Phone support
  • Live chat
  • No email support
education
2.5
  • Educational videos
  • Good production quality
  • No demo account
  • No trading platform tutorial videos
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Beginners and buy-and-hold investors focusing on the US stock market Investors and traders who looking for low fees, quick account opening, and simple platforms
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