Merrill Edge vs Tradier Comparison: Fees, Features, and More (2025)

Merrill Edge and Tradier are two leading discount brokerages offering commission-free stock and ETF trading. Use this head-to-head comparison table to evaluate fees, features, trading tools, and account options to help you decide which broker is right for you in 2025.

Head-to-Head Comparison: Merrill Edge vs Tradier (2025)
Feature Merrill Edge Tradier
Website https://www.merrilledge.com/ https://tradier.com/
Broker Type Full-Service API-Only
Trading: Stock & ETF? Yes Yes
ETF & Stock commission No fee No fee
Fractional Shares? No No
Percent Allocations? No No
Crypto Trading? No No
Crypto Fees not applicable not applicable
Options Trading? Yes Yes
Options Fee 65 cents 35 cents
Bond Trading Available? Yes No
Pays for Order Flow (PFOF)? Yes Yes
Interface: Web trading? Yes No
Desktop trading? No No
API Trading? No Yes; Tradier API
Mutual Funds: Offered? Yes No
Total Mutual Funds Over 2,300 None
NTF Mutual Funds Over 800 None
Non-NTF Fund Fee $19.95 not applicable
Early Redemption Fee? Yes not applicable
Redemption Hold (Days) 90 days not applicable
Early Redemption Fee $39.95 not applicable
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes Yes
HSAs Offered? No No
Money Market Sweep? Yes No
CDs Offered? Yes No
Robo-Advisor: Offered Yes No
Robo-Advisor Service Merrill Guided Investing none
Robo-Advisor Fees 0.30% to 0.45% not applicable
Basics: Headquarters Charlotte, NC Charlotte, NC
Year Founded 2010 2012
Clearing Firm Merrill Lynch Pierce Fenner & Smith Apex Clearing
Local Branches? Yes, about 2,800 locations No
New Account Minimum $0 $0

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