Compare ActivTrades vs Merrill Edge


Online brokers compared for fees, trading platforms, safety and more. See how ActivTrades stacks up against Merrill Edge!

ActivTrades vs Merrill Edge
overall rating
4.4
4.8
overall pros
  • Low trading fees
  • Free deposit and withdrawal
  • Good customer support and education services
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
overall cons
  • Slim product portfolio
  • Basic research tools
  • High minimum deposit
  • Limited to US clients and products
  • No demo account
  • Limited options to deposit/withdraw
fees
4.3
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • High financing rate
account opening
3.8
  • Fast
  • Fully digital
  • User-friendly
  • Minimum deposit is $1,000
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients are accepted
deposit and withdrawal
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Minor account currencies not available
2.2
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • Slow withdrawal - over 3 days
web trading platform
3.8
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.3
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
4.8
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Poor search function
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
1.4
  • Forex
  • CFD
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
3.0
  • Good interactive chart
  • User-friendly
  • Good set of analytical tools
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • No email support
education
5.0
  • Demo account
  • Trading platform tutorial
  • One to one training
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Negative balance protection
  • Regulated by top-tier FCA
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Forex and CFD traders looking for low fees and great deposit/withdrawal conditions Investors and traders who looking for low fees, quick account opening, and simple platforms
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