E*TRADE vs Merrill Edge compared

Your expert:
Adam Nasli
Your expert:
Nicole Conrad
Merrill Edge
Key differences
  • Customer service score
  • Research score
  • Account opening score
  • Customer service score
  • Research score
  • Account opening score
Recommended for
  • Beginners
  • Equity
  • Forex
  • CFD
  • Beginners
  • Equity
  • Forex
  • CFD
Fees score
US stock fee
EURUSD spread
US index options fee
S&P 500 CFD spread
Withdrawal fee
Deposit fee
Inactivity fee
Top-tier regulators
Foundation date
Investor protection
Deposit and Withdrawal
Minimum deposit
Bank transfer for deposit
Bank transfer for withdrawal
Credit/debit for deposit
Credit/debit for withdrawal
PayPal for deposit
Wise for deposit
Revolut for deposit
Other electronic wallets
Platform and Experience
Mobile platform score
Web platform score
MT4 available
MT5 available
Customer service score
Account opening score

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

E*TRADE's service is on par with Merrill Edge's and a comparison of their fees shows that E*TRADE's fees are slightly higher than Merrill Edge's.

Account opening takes somewhat more effort at E*TRADE compared to Merrill Edge, deposit and withdrawal processes are about the same quality at E*TRADE, while customer service quality is somewhat lower than Merrill Edge's.

Our experts rated the trading platform of E*TRADE as being of the same quality as the platform of Merrill Edge, found that clients have access to slightly more markets and products with E*TRADE, while Merrill Edge provides somewhat lower-quality research and education.

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