Comparison Merrill Edge vs Vanguard
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Merrill Edge vs Vanguard. Is Merrill Edge or Vanguard a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Merrill Edge on regular transactions of the stock exchange is $6.95, and Vanguard has a commission fee of $7 per trade (first 25). When analyzing trading options, the commission fees of Merrill Edge is $6.95 + $0.75, and that one of Vanguard is $7+$1 per contract (first 25). The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided to customers by Merrill Edge and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading are provided by Vanguard. As for platforms, Merrill Edge offers Web Platform, Android App, iOS App, while Vanguard offers Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Merrill Edge was established in 2010 in USA, and it is regulated by SEC, FINRA. And Vanguard was established in 1975 in USA, and it is regulated by Various local Jurisdictions. Withdrawal of funds from Merrill Edge can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0 (Visa Debit Card). And Vanguard provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $10. The withdrawal time for Merrill Edge is immediate (Bank Wire), and that one for Vanguard is 3 Business days.
Overall, Merrill Edge boasts 4.1 stars versus Vanguard 3.9 stars.