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Interactive Investor's service is on par with Merrill Edge's and a comparison of their fees shows that Interactive Investor's fees are slightly higher than Merrill Edge's.
Account opening takes about the same effort at Interactive Investor compared to Merrill Edge, deposit and withdrawal processes are more seamless at Interactive Investor, while customer service quality is lower than Merrill Edge's.
Our experts rated the trading platform of Interactive Investor as being of the same quality as the platform of Merrill Edge, found that clients have access to about the same number of markets and products with Interactive Investor, while Merrill Edge provides somewhat better research and education.
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