Compare Merrill Edge vs Stake


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

Merrill Edge vs Stake
overall rating
4.8
4.4
overall pros
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
  • Free stock and ETF trading
  • Fast and fully digital account opening
  • Easy-to-use trading platforms
overall cons
  • Limited to US clients and products
  • No demo account
  • Limited options to deposit/withdraw
  • Basic product portfolio
  • Limited availability of customer service
  • Lack of educational tools
fees
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • High financing rate
4.8
  • Free stock and ETF trading
  • No inactivity fee
  • Transparent fee structure
  • Withdrawal fee
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients are accepted
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
2.2
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • Slow withdrawal - over 3 days
3.7
  • Credit/Debit card available for AU, NZ customers
  • Only one account base currency
  • $2 withdrawal fee
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
3.6
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
  • No price alerts
mobile trading platform
4.8
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Poor search function
3.6
  • User-friendly
  • Touch/Face ID login
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
desktop trading platform
markets and products
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
1.6
  • Stock
  • ETF
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
3.3
  • Data on asset fundamentals
  • User-friendly
  • Live market data
  • Limited interactive charting
  • No/limited set of analytic tools
  • Some research tools available only for premium account holders
customer service
4.5
  • Phone support
  • Live chat
  • No email support
0.4
  • Fast response time
  • No phone support
  • No live chat
  • No 24/7 support
education
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
0.5
  • Easy to understand
  • No demo account
  • No trading platform tutorial videos
  • No educational videos
  • 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
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Investors and traders who looking for low fees, quick account opening, and simple platforms Beginners and investors looking for free US stocks/ETFs and a simple, easy to use trading platform
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