<p class="wp-block-paragraph">Fidelity vs. Merrill Edge: they are two of the most popular online brokerages. Fidelity is a full-service broker that offers a wide range of investment products and services. Merrill Edge is a discount broker that offers fewer investment options but lower fees.</p>



<p class="wp-block-paragraph">Both brokers have strong reputations and are good choices for investors. Fidelity Investments and Merrill Edge they both offer a variety of investment options and have different strengths. Here&#8217;s a look at how they compare.</p>



<h2 class="wp-block-heading">Fidelity Investments</h2>



<h3 class="wp-block-heading">Fidelity Investments is best for:</h3>



<ul class="wp-block-list"><li>Beginner investors.</li><li>Frequent traders.</li><li>Research and data.</li><li>Customer support</li><li>Retirement planning assistance.</li></ul>


<div class="lets-review-block__wrap-90 lr-cf lets-review--center lets-review-skin-1 lets-review-list-design-2 lets-review-score-type__bar conclusion__off proscons__off" data-design="2" data-score-type="1" data-skin="1"><div class="lets-review-lists"><div class="lets-review-list lets-review-block__wrap"><div class="lets-review-block lets-review-block__bg"><img width="750" height="420" src="https://www.investingiq.net/wp-content/uploads/2022/05/fidelity-investment-platform-broker-exchange.webp" class="attachment-full size-full" alt="fidelity-investment-platform-broker-exchange" srcset="https://www.investingiq.net/wp-content/uploads/2022/05/fidelity-investment-platform-broker-exchange.webp 750w, https://www.investingiq.net/wp-content/uploads/2022/05/fidelity-investment-platform-broker-exchange-300x168.webp 300w" sizes="(max-width: 750px) 100vw, 750px" /></div><div class="lets-review-block lets-review-block__main-title lr-vc lets-review-block__pad"><div class="lets-review-countdown lets-review-block">1</div><div class="lets-review-block__title lr-font-h" style=""><a href="https://www.investingiq.net/fidelity-reviews/">Fidelity Investments Review 2024</a></div></div><div class="lets-review-block lets-review-block__conclusion__wrap lets-review-block__pad"><div class="lets-review-block__conclusion"><span class="review-desc">Fidelity aims to keep costs low, and it offers great resources that help investors analyze and manage their portfolios. Fidelity is constantly enhancing its systems to offer more comfort to investors and traders.</span> 
 
<span class="review-com">Commission Fees: $0 (stock / ETF), $0.65/contract (options).</span> 
 
<span class="review-fees">Account Fees: $0.</span> 
 
<span class="review-min"> Account minimum: $0.</span> 
 
<span class="review-sec">Securities: Stocks, ETFs, bonds, mutual funds, options.</span> 
</div></div><div class="lets-review-block lets-review-block__final-score lets-review-block__final-score-type-4 lets-review-block__pad score-level-10"><div class="score__wrap lr-all-c" style="border-color:#f8d92f; color: #fff"><div class="score-overlay-wrap score-overlay-wrap__icon"><span class="review-star">★</span><span class="review-star">★</span><span class="review-star">★</span><span class="review-star">★</span><span class="review-star">★</span><div class="score-overlay" style="width:0%"></div></div><div class="score">5</div></div></div><div class="lets-review-block lets-review-block__proscons lets-review-block__pad"><div class="lets-review-block__pros"><div class="proscons__title lets-review-block__title lr-font-h" style="">Pros</div><div class="lets-review-block__procon lets-review-block__pro">Commission-free.</div><div class="lets-review-block__procon lets-review-block__pro">No account minimum.</div><div class="lets-review-block__procon lets-review-block__pro">Great mobile app (App Store, Google Play).</div><div class="lets-review-block__procon lets-review-block__pro">Strong customer service: Phone 24/7, email, live chat.</div><div class="lets-review-block__procon lets-review-block__pro">Rich educational offerings.</div></div><div class="lets-review-block__cons"><div class="proscons__title lets-review-block__title lr-font-h" style="">Cons</div><div class="lets-review-block__procon lets-review-block__con">High broker-assisted trade fee.</div><div class="lets-review-block__procon lets-review-block__con">Non-U.S. citizens or residents cannot open an account.</div><div class="lets-review-block__procon lets-review-block__con">No cryptocurrencies available.</div></div></div><div class="lets-review-block lets-review-block__aff lets-review-block__pad"><div class="aff-button-wrap"><a href="https://www.fidelity.com/trading/overview" class="aff-button lr-button" target="_blank" rel="noreferrer noopener nofollow"><span class="button-title">Visit Fidelity</span><div class="i-wrap" style="background:#f8d92f">⤑<i class="fas fa-long-arrow-alt-right"></i></div></a></div></div></div></div></div>



<p class="wp-block-paragraph"><strong>» Read our</strong> <a href="https://www.investingiq.net/fidelity-reviews/">full review of Fidelity</a>.</p>



<h2 class="wp-block-heading">Merrill Edge</h2>



<h3 class="wp-block-heading">Merrill Edge is best for:</h3>



<ul class="wp-block-list"><li>Existing Bank of America customers.</li><li>High-balance customers.</li><li>Research and data.</li><li>Customer support.</li></ul>


<div class="lets-review-block__wrap-90 lr-cf lets-review--center lets-review-skin-1 lets-review-list-design-2 lets-review-score-type__bar conclusion__off proscons__off" data-design="2" data-score-type="1" data-skin="1"><div class="lets-review-lists"><div class="lets-review-list lets-review-block__wrap"><div class="lets-review-block lets-review-block__bg"><img width="750" height="420" src="https://www.investingiq.net/wp-content/uploads/2022/08/merrill-lynch-edge-review.webp" class="attachment-full size-full" alt="merrill edge review" srcset="https://www.investingiq.net/wp-content/uploads/2022/08/merrill-lynch-edge-review.webp 750w, https://www.investingiq.net/wp-content/uploads/2022/08/merrill-lynch-edge-review-300x168.webp 300w" sizes="(max-width: 750px) 100vw, 750px" /></div><div class="lets-review-block lets-review-block__main-title lr-vc lets-review-block__pad"><div class="lets-review-countdown lets-review-block">1</div><div class="lets-review-block__title lr-font-h" style=""><a href="https://www.investingiq.net/merrill-edge-review/">Merrill Edge Review 2024</a></div></div><div class="lets-review-block lets-review-block__conclusion__wrap lets-review-block__pad"><div class="lets-review-block__conclusion"><span class="review-desc">J.P. Morgan Self-Directed Investing Platform handles the basics well is a solid choice for investors who are considering brokering. You will not be charged any commission fees for stocks and ETFs.</span> 
 
<span class="review-com">Commission Fees: $0 (stock / ETF), $0.65/contract (options).</span> 
 
<span class="review-min"> Account minimum: $0.</span> 
 
<span class="review-fees">Account Fees: $49.95 full transfer fee, $49.95 closeout fees on retirement accounts.</span> 
 
<span class="review-sec">Securities: Stocks, ETFs, options, mutual funds, bonds.</span></div></div><div class="lets-review-block lets-review-block__final-score lets-review-block__final-score-type-4 lets-review-block__pad score-level-8"><div class="score__wrap lr-all-c" style="border-color:#f8d92f; color: #fff"><div class="score-overlay-wrap score-overlay-wrap__icon"><span class="review-star">★</span><span class="review-star">★</span><span class="review-star">★</span><span class="review-star">★</span><span class="review-star">★</span><div class="score-overlay" style="width:18%"></div></div><div class="score">4.1</div></div></div><div class="lets-review-block lets-review-block__proscons lets-review-block__pad"><div class="lets-review-block__pros"><div class="proscons__title lets-review-block__title lr-font-h" style="">Pros</div><div class="lets-review-block__procon lets-review-block__pro">Commission-free stock and ETF trades.</div><div class="lets-review-block__procon lets-review-block__pro">No account minimum.</div><div class="lets-review-block__procon lets-review-block__pro">Merrill Edge app (App Store, Google Play).</div><div class="lets-review-block__procon lets-review-block__pro">Customer support: Phone 24/7, access to an advisor.</div><div class="lets-review-block__procon lets-review-block__pro"> Integration with Bank of America</div></div><div class="lets-review-block__cons"><div class="proscons__title lets-review-block__title lr-font-h" style="">Cons</div><div class="lets-review-block__procon lets-review-block__con">No crypto, forex or futures trading.</div><div class="lets-review-block__procon lets-review-block__con">No fractional shares (buying stocks)</div></div></div><div class="lets-review-block lets-review-block__aff lets-review-block__pad"><div class="aff-button-wrap"><a href="https://www.merrilledge.com/" class="aff-button lr-button" target="_blank" rel="noreferrer noopener nofollow"><span class="button-title">MERRILL EDGE</span><div class="i-wrap" style="background:#f8d92f">⤑<i class="fas fa-long-arrow-alt-right"></i></div></a></div></div></div></div></div>



<p class="wp-block-paragraph"><strong>» Read our</strong> <a href="https://www.investingiq.net/merrill-edge-review/">full review of Merrill Edge</a>.</p>



<h2 class="wp-block-heading">Fidelity vs. Merrill Edge: Which Is Better For You?</h2>



<p class="wp-block-paragraph">Fidelity Investments offers a wide range of investment options, from stocks and <a href="https://www.investingiq.net/mutual-fund/">mutual funds</a> to <a href="https://www.investingiq.net/government-bonds/">bonds</a> and annuities. It also has extensive research resources, including analyst reports and market data. And its customer service is highly rated.</p>



<p class="wp-block-paragraph">Merrill Edge, meanwhile, offers lower commissions for online trades than Fidelity. It also has some unique tools, such as an app that lets you set up automatic investments based on your spending patterns. And it offers access to human financial advisors via phone or chat at no additional cost.</p>



<p class="wp-block-paragraph"><strong>So, which one is right for you?</strong> It depends on your individual needs and preferences. If you&#8217;re looking for low fees and great customer service, Fidelity is a good choice. But if you want more investment options, Merrill Edge may be a better option.</p>



<h3 class="wp-block-heading">Related with Broker Comparison</h3>



<p class="wp-block-paragraph"><strong>» Compare more options:</strong> View our list of <a href="https://www.investingiq.net/reviews/">best online brokers for stock trading.</a></p>

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