![]() On the Ally Invest platform, there is a watchlist that syncs with the watchlist on the website. Traders who can’t always be at their laptops and desktops will find much to like about the two firms’ mobile apps. This situation is rectified with a browser platform (something that Merrill Edge doesn’t have) where a chart can be expanded horizontally.Īlly Invest’s trade ticket, whether on the website or browser platform, has 5 order types, one of which is market on close, an order type that won’t be found at Merrill. On the Ally Invest site, charting looks much the same with lots of tools but no full-screen mode. A chart cannot be displayed the full width of the monitor, however. Charts on the Merrill site have up to 15 years of price data, technical indicators, company events, and comparisons. The broker’s trade ticket has 8 order types, 4 of which are trailing orders. On the Merrill Edge site, we found asset profiles with lots of information on them, including stock reports with price targets. But Ally Invest doesn’t have something that Merrill Edge does: multiple human advisor options.įor charting, order entry, and account management, both firms in this matchup have useful websites. It costs 30 basis points annually if there is no cash position (free with a cash position). On the managed account side, Ally Invest has something that Merrill Edge doesn’t: a robo service. These include stocks, option contracts, fixed-income securities, mutual funds, ETFs, and closed-end funds.Īlly Invest offers the same lineup of investment vehicles for its self-directed accounts. Merrill Edge’s self-directed accounts have no fees and come with a larger selection of tradable assets. ![]() Merrill also has traditional packages that deliver one-on-one in-person financial advisory services with fee schedules that are determined at the point of sale. ![]() The prices are 0.85% and 0.45%, respectively. In the former service, there is an ETF package with an online human advisor and one without. Merrill Edge customers can sign up for either self-directed or managed investing. Merrill Edge: Get up to $600 when you open a new Merrill Edge account with at least $20,000. Get zero commission on stock and ETF trades.
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