Jake Tech Lab

Webull vs Merrill Edge

Webull comes out ahead of Merrill Edge on 2 of the 6 things that decide this, going by what each company publishes and what independent review sites report. The one that matters for you may be one the leader loses.

WebullWinner
Webull
6.8
Fair
2 of 6 rounds
vs
Merrill Edge
Merrill Edge
6.3
Fair
1 of 6 rounds

The verdict

Webull takes it, 2–1 on rounds.

On the published figures and the independent review sites, Webull takes 2 of 6 rounds. Treat that as a starting point and check the current figures on both pages, because prices and plans move.

Choose Webull if…

  • • You want Webull's edge on what an options contract costs and how many trustpilot reviews

Choose Merrill Edge if…

  • • You want Merrill Edge's edge on what stockbrokers.com scored it

Round by round

  1. Round 1What an options contract costsWebull wins
    Webull8/10

    0 cents

    no per-contract fee

    Source: westmountfundamentals.com ↗

    Merrill Edge5/10

    65 cents

    per options contract

    • 65 cents, against 0 cents

    Source: work-club.com ↗

    Webull wins this round on independent review-site data, not on its own claims.

  2. Round 2What StockBrokers.com scored itMerrill Edge wins
    Webull5/10

    3.5 out of 5 stars

    StockBrokers.com rating

    • 3.5 out of 5 stars, against 4.5 out of 5 stars

    Source: stockbrokers.com ↗

    Merrill Edge8/10

    4.5 out of 5 stars

    StockBrokers.com rating

    Source: stockbrokers.com ↗

    Merrill Edge wins this round on independent review-site data, not on its own claims.

  3. Round 3What a stock trade costsTie
    Webull7/10

    $0

    US stock trades

    Source: work-club.com ↗

    Merrill Edge7/10

    $0

    US stock trades

    Source: work-club.com ↗

    Nothing to separate them here.

  4. Round 4What it takes to open an accountTie
    Webull7/10

    $0

    no account minimum

    Source: work-club.com ↗

    Merrill Edge7/10

    $0

    no account minimum

    Source: work-club.com ↗

    Nothing to separate them here.

  5. Round 5What customers say on TrustpilotTie
    Webull7/10

    1.2 out of 5

    TrustScore from 425 reviews on Trustpilot

    Source: trustpilot.com ↗

    Merrill Edge7/10

    1.3 out of 5

    TrustScore from 128 reviews on Trustpilot

    Source: trustpilot.com ↗

    Nothing to separate them here.

  6. Round 6How many Trustpilot reviewsWebull wins
    Webull8/10

    425 reviews

    reviews on Trustpilot, rated 1.2 out of 5

    Source: trustpilot.com ↗

    Merrill Edge5/10

    128 reviews

    reviews on Trustpilot, rated 1.3 out of 5

    • 128 reviews, against 425 reviews

    Source: trustpilot.com ↗

    Webull wins this round on independent review-site data, not on its own claims.

Merrill EdgeMerrill Edge

Side by side

WebullBest for what an options contract costsWebull
Overall score
6.8
Best
6.3
Price
See price
See price
What customers say on Trustpilot
6.0
6.2
What an options contract costs
7.8
6.3
What StockBrokers.com scored it
5.3
6.3
What a stock trade costs
7.0
7.0
What it takes to open an account
7.0
7.0
Head-to-head findings
What customers say on Trustpilot
1.2 out of 5
1.3 out of 5
What an options contract costs
0 cents
65 cents
What StockBrokers.com scored it
3.5 out of 5 stars
4.5 out of 5 stars
What a stock trade costs
$0
$0
What it takes to open an account
$0
$0
How many Trustpilot reviews
425 reviews
128 reviews
What borrowing on margin costs
5.00%
—
Record
Head-to-head record
3–2–1
0–5–1
Head-to-heads won
60 %
0 %
Rounds won
25 %
8 %
Pros
  • Webull Premium margin rate on a 50,000 dollar balance
  • no per-contract fee
    Cons
    • 3.5 out of 5 stars, against 5 out of 5 stars
    • 1.2 out of 5, against 1.5 out of 5
    • 1.2 out of 5, against 3.9 out of 5
    • 425 reviews, against 14,081 reviews
    • 4.5 out of 5 stars, against 5 out of 5 stars
    • 128 reviews, against 1,169 reviews
    • 1.3 out of 5, against 1.5 out of 5
    • 128 reviews, against 782 reviews
    Add a third option to this comparison →

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