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