Comparison

MeriTrade vs TradeFi

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

MeriTrade

Manage your investments on the go with this secure trading platform. Access real-time market data, track your portfolio, and execute trades directly from your mobile device. Fund your account and make withdrawals with ease.

Highlights
  • Secure account access
  • Portfolio insights
  • Live stock quotes
  • Trade order placement
  • Fund deposits/withdrawals
  • Biometric authentication
  • Dark mode
Features
Read full description

MeriTrade Mobile App gives you the freedom to stay connected to your investment portfolio anytime, anywhere. Powered by Meristem Stockbrokers Limited, the app provides investors with a secure and convenient platform to trade directly from their mobile devices. With MeriTrade, you get seamless, on-the-go access to equity trading, live stock quotes, real-time balances and portfolio positions, as well as easy account funding and withdrawals — all in one place. Key Features • Secure access to your Meritrade account • Comprehensive portfolio insights • Market overview and stock price tracking • Seamless trade order placement • Inter-member transfers • Easy fund deposits and withdrawals • Fingerprint (biometric) authentication • Dark mode support for comfortable viewing

About

TradeFi

Invest in secure fixed-income assets like FGN Bonds and Treasury Bills with ease. This platform offers a convenient way to manage your investments, providing safety and liquidity. Start investing in just three simple steps.

Highlights
  • Invest in FGN Bonds
  • Invest in Treasury Bills
  • Secure fixed-income assets
  • Convenient investment management
  • Liquidation with no charges
  • Monitor investments remotely
Read full description

Investing in FGN Bonds and Treasury Bills just got easier! TradeFi is a desktop and mobile application for users to conveniently invest in secure fixed income assets. Join our community of users who have invested over N13bn in these asset classes through TradeFi Starting is as easy as 1..2...3! Sign up, fund your wallet and start investing! Benefits of investing through TradeFi - Convenience at your fingertips - Guaranteed safety on your investments - Liquidate at any time with no charges - Monitor your investments from wherever * Powered by Comercio Partners Asset Management & Endorsed by FMDQ*

Screenshots

MeriTrade4 screens
TradeFi4 screens

Verdict

The call

The clearest difference is review sentiment: TradeFi at 100% against MeriTrade's 39%. TradeFi also leads on rating (5.0 vs 4.4) and iOS requirement (11.0 vs 15.6). MeriTrade's advantage is ratings volume (146 vs 4) and update cadence (every 8 days vs monthly). On price, ads, in-app purchases and monetization model there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

TradeFi holds the better App Store score, 5.0 against 4.4. That said, the two scores are not equally well evidenced: MeriTrade has 146 ratings behind it against 4, so its average is the more settled of the two. Written reviews point the same way: 39% of MeriTrade's written reviews are positive against 100% of TradeFi's.

UpkeepUpdate frequency

MeriTrade ships an update every 8 days, TradeFi monthly. The most recent releases landed on October 26, 2026 and September 24, 2026 respectively.

Scorecard5 real differences · 5 level
MeriTrade versus TradeFi: the parameters behind the verdict, then further details
ParameterMeriTradeTradeFi
PriceFreeFree
Rating4.4 (146 ratings)5.0 (4 ratings) — better
Positive reviews39.3% of reviews100.0% of reviews — better
Number of ratings146 — better4
Update frequencyEvery 8 days — betterMonthly
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS15.611.0 — better
Further details — not scored
Size101 MB115 MB
Age rating4+4+
DeveloperMeristem Securities LimitedComercio Partners

Customer experience

MeriTrade

All ratings136 ratings
Positive83.8%
Neutral2.2%
Negative14.0%
Written reviews28 reviews
Positive39.3%
Neutral0.0%
Negative60.7%

TradeFi

All ratings4 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews2 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

None

MeriTrade

No in-app purchases

None

TradeFi

No in-app purchases

Questions

Is MeriTrade free?
MeriTrade is free to download, with no in-app purchases.
Is TradeFi free?
TradeFi is free to download, with no in-app purchases.
Which has better reviews, MeriTrade or TradeFi?
TradeFi is rated higher. MeriTrade averages 4.4 out of 5 from 146 ratings, while TradeFi averages 5.0 from 4 ratings.
Do MeriTrade or TradeFi have ads?
Neither MeriTrade nor TradeFi shows ads.
Which is updated more often, MeriTrade or TradeFi?
MeriTrade ships an update every 8 days, and TradeFi monthly. Most recently, MeriTrade was updated on October 26, 2026 and TradeFi on September 24, 2026.

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