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Who Should Choose Merrill Edge?

Both beginners and experienced investors will find things to like about Merrill Edge, such as quality research and decent investment tools. That being said, when compared to other online brokerages, Merrill Edge’s tools are hardly top-shelf offerings, and the platform has some significant downsides.

The limited selection of product offerings is our main concern with Merrill Edge. Day traders and more experienced investors might prefer a platform with more robust trading capabilities and advanced order types, like conditional orders.